Ships are anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. Ali Saeedi | Getty Images Iranian authorities have pushed back on U.S. President Donald Trump’s repeated claims that Washington has “total control” over the Strait of Hormuz. On Wednesday stateside, Iran’s Persian Gulf Strait Authority said…
Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — Yangtze Memory Technologies is rapidly gaining market share in a critical chip sector, according to Counterpoint Research. The company, also known as YMTC, landed in…
US President Donald Trump speaks before signing an executive order calling for more research and flexibility on vaccines, in the Oval Office of the White House in Washington, DC, on August 10, 2026. Jim Watson | Afp | Getty Images President Donald Trump said Monday the U.S. Navy had swept the Strait of Hormuz clear…
Jonathan Raa | Nurphoto | Getty Images Cybersecurity stocks CrowdStrike and Palo Alto Networks jumped more than 5% to new highs on Monday on renewed demand for artificial intelligence security tools following the industry’s annual Black Hat conference in Las Vegas. “The single most consistent theme across our conversations — partners, vendors, and customers alike…
Trump Media & Technology Group on Monday reported a net loss of more than $238 million for its fiscal second quarter on revenue of less than $2 million. That loss, which dwarfed the almost $20 million it lost in the same period last year, was primarily due to declines in non-cash assets, including more than…
OpenAI has halted some “internal activities” involving a new model amid fears over the cyber threat it potentially poses, amid a wave of security incidents involving major AI labs. Recent disclosures that AI systems from Anthropic, OpenAI and Meta were involved in security incidents prompted a wave of concerns over the development of models. U.S….
This picture shows ships sailing near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan on July 13, 2026. AFP | Getty Images Abu Dhabi’s National Oil Company (ADNOC) said one of its vessels was targeted by a missile while transiting the Strait of Hormuz in the early…
An overall view of the manufacturing line in a Hadrian Automation Inc. factory. Courtesy: Hadrian Automation, Inc. Riding a wave of enthusiasm for defense tech, manufacturing startup Hadrian on Thursday closed its latest round of funding at a nearly $8 billion valuation, more than quadruple where investors valued the company in January. The round was…
Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) sails behind the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72), June 27, 2026. Frank E. Petersen Jr. is deployed to the U.S. 5th Fleet area of operations to support maritime security and stability in the Middle East. Courtesy: U.S. Navy Iran said the…
A coalition of 25 Democratic-led states sued the Trump administration Monday, arguing President Donald Trump exceeded his authority by imposing sweeping tariffs on goods from 60 U.S. trading partners. The complaint, filed in the U.S. Court of International Trade, challenges tariffs of 10% or 12.5% on most goods imported from the affected economies, which together…
