Alibaba has banned staff from using Anthropic's Claude Code, citing security concerns and allegations of model distillation by the Chinese tech giant.
Spain's services PMI rebounded to 54.2 in June, hitting a 2026 high fueled by strong domestic demand, job growth, and easing Middle East tensions.
Zuckerberg admitted Meta's AI agents are progressing slower than expected, and massive company restructuring has not yet paid off.
JetZero is constructing a full-size blended-wing demonstrator plane in the Mojave Desert, aiming for a 2027 test flight that could cut fuel use by 50%.
The U.S. labor force participation rate fell to 61.5% in June—its lowest since 1976 outside the pandemic—as 720,000 workers stopped looking for jobs.
Meta shares surged 9% following reports it may sell excess AI computing power and model access, positioning the tech giant to rival AWS and Microsoft.
The FCA was forced to partly suspend its £9.1bn car finance compensation scheme, delaying average payouts of £830 for millions of motorists until legal challenges are resolved.
NHTSA closed its 2022 probe into 695k Tesla vehicles over phantom braking, citing low risk and a sharp drop in incident reports due to software updates.
The BOJ's tankan survey shows Japanese business confidence improved for a fifth straight quarter, driven by strong investments despite a weak yen and high fuel costs.
Japan's FY2025 tax revenue will hit a record ¥84 trillion, fueled by inflation, higher wages, and strong corporate earnings.
EU's top court upheld a $4.7B antitrust fine against Google for abusing Android's dominance to favor its own apps, dismissing the company's final appeal.
The Ethereum Foundation launched a policy blueprint urging governments to utilize its decentralized blockchain as a resilient, neutral framework for state infrastructure.
The EU's new made in Europe rules risk shutting out British car exports, prompting European industry leaders to demand targeted Brexit exemptions.
Sony will end physical PlayStation game disc production by 2028 due to a dominant shift toward digital downloads, eliminating the second-hand market.
Citing large trade deficits, the US declined to extend the USMCA trade pact with Canada and Mexico, triggering annual reviews and complex tariff renegotiation
Weak restaurant traffic drags down Budweiser's China sales, but AB InBev expects the ongoing FIFA World Cup to lift peak summer beer consumption.
Meta tried to buy prediction market Kalshi. After talks failed, Zuckerberg shifted to building Arena, an upcoming AI-powered app for wagering play money on trending news.
The UK's Competition and Markets Authority has launched a consultation to break up Apple and Google's effective duopoly on mobile platforms. The watchdog plans to force both tech giants to allow app developers to steer users to alternative, external payment methods.
Indonesia's Communications and Digital Ministry has partnered with Meta to form a joint working group. The collaboration aims to crack down on bot-driven online gambling promotions in social media comment sections, which surged 128% in June.
Bayer requested US duties on Chinese glyphosate to combat low prices. US farmers are angry, warning the move will increase their costs during a difficult economic period.
Micron Technology shares ticked up 0.4% to close at $1,150.49 on the NASDAQ Tuesday, bouncing back from earlier profit-taking and moving closer to its recent 52-week high of $1,255.00. The recovery reflects strong investor confidence following the company's fiscal Q3 2026 earnings report, which underscored a massive, AI-driven surge in high-performance memory demand. Key Financial Highlights Staggering Revenue Growth: Revenue soared 345.72% year-over-year
Trump reported over $1.4 billion in 2025 income from crypto ventures like World Liberty Financial and various meme coins.
Ukrainian drone strikes on energy infrastructure pushed Russian oil production down for a sixth month to 9.009 million bpd in May. This drop leaves Russia producing roughly 690,000 bpd below its agreed OPEC+ quotas, threatening vital Kremlin tax revenues despite a temporary surge in crude exports.
SAS has ordered up to 40 Airbus A330 widebody aircraft to expand its long-haul network. This deal marks the largest investment in the airline's history.