Business

BYD's 1,500 kW Flash Charging network ... BYD's 1,500 kW Flash Charging network is three times faster than Tesla's best The Chinese automaker is spending €2 billion to build 3,000 ultra-fast charging stations across Europe by end of 2026 — and it's eyeing Canada next. June 13, 2026, 1:12 p.m.
DOJ clears $111B Paramount–Warner Bros. merger ... DOJ clears $111B Paramount–Warner Bros. merger — but the fight isn't over The Justice Department approved the biggest entertainment deal in history with no conditions. State attorneys general in California and New York are already preparing to sue. June 13, 2026, 12:49 p.m.
A memory chip maker just overtook ... A memory chip maker just overtook Toyota as Japan's most valuable company Kioxia briefly surpassed Toyota's $224B market cap on June 12, a milestone that shows just how much AI infrastructure spending is reshaping global markets. June 12, 2026, 5:33 p.m.
Huawei claims 1.3 billion HarmonyOS devices ... Huawei claims 1.3 billion HarmonyOS devices — but the West is still locked out Huawei says its HarmonyOS ecosystem has crossed 1.3 billion active devices. The numbers are real, but the platform's reach stops well short of Western markets. June 12, 2026, 4:46 p.m.
SpaceX's $75 Billion IPO Makes Elon ... SpaceX's $75 Billion IPO Makes Elon Musk the World's First Trillionaire SpaceX priced at $135 per share on June 11, raising more money in a single IPO than any company in history — and handing Musk a personal net worth above $1.1 trillion. June 12, 2026, 12:10 p.m.
OpenAI eyes drastic price cuts to ... OpenAI eyes drastic price cuts to fend off Anthropic ahead of IPO With both AI rivals filing for public listings and enterprise clients cutting AI budgets, a price war could compress margins at the worst possible moment. June 11, 2026, 3:50 p.m.
Xbox is cutting up to 1,000 ... Xbox is cutting up to 1,000 jobs and may close studios in a major reset under new CEO Asha Sharma Microsoft's gaming division is restructuring after $20 billion in investment failed to stop a $500 million annual revenue decline — and the next-gen Project Helix console is caught in the crossfire. June 11, 2026, 1:32 p.m.
Nvidia locks down Korean memory deals ... Nvidia locks down Korean memory deals as HBM shortage runs through 2028 Jensen Huang signed multi-year agreements with SK Hynix, SK Telecom, Naver, and Doosan on a Seoul visit — securing the memory and power supply Nvidia's AI chips depend on. June 8, 2026, 7:30 p.m.
Wizz Air is bringing Starlink Wi-Fi ... Wizz Air is bringing Starlink Wi-Fi to its flights — but there's a catch The budget carrier becomes Europe's first ultra-low-cost airline to commit to Starlink, with rollout starting in 2027. No one's confirmed yet whether you'll actually pay for it. June 8, 2026, 2:38 p.m.
California and New York move to ... California and New York move to block Paramount's $110B Warner Bros. deal State attorneys general are preparing a lawsuit against the merger, warning it could drive up prices and shrink consumer choice across the US media market. June 8, 2026, 4:04 a.m.
China burns more coal despite record ... China burns more coal despite record renewables — here's why Long-term coal contracts are forcing China's grid to waste clean energy on a scale equivalent to France's entire quarterly electricity needs. June 5, 2026, 3:26 p.m.
Amazon's Ring Sued Over Facial Recognition ... Amazon's Ring Sued Over Facial Recognition Feature That Collected Data Without Consent A federal class action filed in Seattle claims Ring's Familiar Faces tool captured biometric data from passersby who never agreed to be scanned. June 3, 2026, 7:25 a.m.
Meta backs down on employee tracking ... Meta backs down on employee tracking — a little After internal backlash, Meta is letting US workers pause its AI training surveillance tool for 30 minutes and exempting some staff entirely. June 3, 2026, 6:43 a.m.
EU fines Temu €200 million over ... EU fines Temu €200 million over unsafe product failures The EU's largest DSA fine yet targets chargers and baby toys that failed safety checks — and Temu has until August to fix it. May 29, 2026, 5:12 p.m.
Micron Joins the Trillion-Dollar Club on ... Micron Joins the Trillion-Dollar Club on an AI Memory Shortage A 19% single-day stock surge pushed Micron past a $1 trillion market cap — driven by sold-out HBM supply and long-term AI contracts that won't ease until at least 2027. May 27, 2026, 4:45 p.m.
SpaceX billed the Pentagon $500M for ... SpaceX billed the Pentagon $500M for free internet in Iran — and it agreed SpaceX demanded a 5x price hike on military Starlink terminals and proposed a $500 million upfront fee for Direct-to-Cell access in Iran. The Pentagon had little choice but to negotiate. May 26, 2026, 5:30 p.m.
Musk's own companies bought 18% of ... Musk's own companies bought 18% of Cybertruck sales last quarter SpaceX and xAI have funneled roughly $890 million to Tesla since 2023 — raising questions about how much of the automaker's revenue is self-generated. May 23, 2026, 1 p.m.
Xiaomi Launches 10-Year AC Warranty in ... Xiaomi Launches 10-Year AC Warranty in China — and Hints at Global Expansion Xiaomi's MiCare extended warranty now covers large home appliances in China with up to a decade of protection, but US and UK buyers will have to wait. May 22, 2026, 2:35 p.m.
Samsung averts 48,000-worker strike with bonuses ... Samsung averts 48,000-worker strike with bonuses reaching $416,000 A last-minute wage deal suspends a threatened walkout at the world's largest memory chip maker — and sends Samsung's stock up 8%. May 21, 2026, 9:29 a.m.
OpenAI plans September IPO with Goldman ... OpenAI plans September IPO with Goldman Sachs and Morgan Stanley The ChatGPT maker is preparing a confidential filing targeting a fall stock market debut, even as it projects $14 billion in losses for 2026. May 21, 2026, 4:58 a.m.
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