TerraFirma’s semi-autonomous construction equipment Courtesy: TerraFirma As SpaceX‘s Elon Musk sells investors on a space economy with life beyond Earth, a two-year-old construction startup founded by two of the company’s former engineers is positioning itself for the future of interplanetary infrastructure. TerraFirma on Tuesday said it raised $115 million in a funding round with investments…
The chief of Google’s AI division has called for the U.S. to spearhead a standards body that will oversee new AI models and assess national security risks including cybersecurity and biological threats. Google DeepMind boss Demis Hassabis, a Nobel laureate, said in an article posted on X on Tuesday that “urgent action” was needed to…
Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year’s inflation surge, the Bureau of Labor Statistics reported Tuesday. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was…
Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. David A. Grogan | CNBC Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts, directing all of this year’s donations to four family-linked foundations. Berkshire Hathaway said the 95-year-old chairman will donate 9…
Chey Tae-won, chairman of SK Group, center, Kwak Noh-jung, president and chief executive officer of SK Hynix Inc., center left, and Koh Seung-beom, chairman of SK Hynix Inc., center right, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Friday, July 10, 2026. Michael Nagle | Bloomberg |…
Donald Trump, President of the United States, speaks during a press conference at the NATO Summit at the Presidential Complex in Ankara, Turkiye, on July 8, 2026. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images President Donald Trump’s proposed 20% levy on ships passing through the Strait of Hormuz could…
Founder and president of ‘Le Slip Francais’ underwear brand, Guillaume Gibault poses in the Bonne Nouvelle textile factory in Aubervilliers, surburb of Paris, on February 12, 2025. Thomas Samson | Afp | Getty Images French underwear brand Le Slip Français made its stock market debut in Paris on Tuesday, betting that consumers will pay for…
Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters President Donald Trump’s plan to impose a 20% fee on…
Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Taiwan’s second-largest contract chipmaker, United Microelectronics Corporation (UMC), announced Tuesday its first mass-produced silicon photonics wafers manufactured within its Singapore facility. UMC is aiming to address the growing demand for high-speed…
This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan. AFPTV | Getty Images The U.S. has completed its strikes against Iranian military targets for a third consecutive night, while Tehran hit…
