Finance
Apple plans to manufacture most iPhones sold in the United States at factories in India by the end of 2026. According to Reuters, the technology giant is holding urgent talks with contract manufacturers Foxconn and Tata to achieve this goal. The company currently sells over 60 million iPhones annually in
Finance
US District Judge Ann Donnelly on Tuesday rejected Huawei Technologies' request to dismiss a 16-count federal indictment. The Chinese telecommunications company faces criminal charges including racketeering, wire fraud, and bank fraud. According to AP News, Donnelly issued a 52-page ruling stating that Huawei's arguments were premature. The
Finance
Oracle shares jumped 4% to an all-time high after revealing a cloud services agreement worth more than $30 billion annually. CNBC reports that CEO Safra Catz disclosed the deal in a Securities and Exchange Commission filing Monday. The revenues will start in fiscal year 2028, according to the filing. Catz
Finance
CNBC reports that Google announced a partnership with Commonwealth Fusion Systems on Monday, representing the tech company's first commercial commitment to fusion energy. The Massachusetts Institute of Technology spinoff will provide Google with 200 megawatts of clean fusion power from its planned ARC power plant in Chesterfield County,
Finance
NVIDIA insiders completed over $1 billion in stock sales during the past year, with notable activity acceleration as executives capitalized on surging artificial intelligence investor interest. According to Reuters, more than $500 million of these share sales occurred this month as the California-based chip designer's stock price reached
Finance
Canadian manufacturers struggle to meet trade agreement requirements needed to avoid hefty U.S. tariffs, with compliance rates stagnating across key industrial sectors despite urgent economic pressure. The Globe and Mail reports that fewer than 40 percent of Canadian goods shipped to the United States met USMCA rules last year,
Finance
Germany's data protection commissioner has directed Apple and Google to review blocking DeepSeek's artificial intelligence application from their app stores, according to CNBC. Berlin's data protection commissioner Meike Kamp stated Friday that DeepSeek's transfer of German user data to China violates EU
Finance
Yahoo Finance reports that Pearson has entered a multi-year partnership with Alphabet's Google cloud service on Thursday, June 26, 2025. The British education company will provide students with AI learning tools that also make teachers' jobs easier. The tie-up will focus on creating personalized learning tools powered
Finance
A federal judge ruled Monday that Anthropic's use of books to train its Claude AI model constituted legal "fair use" under copyright law. According to CNBC, U.S. District Judge William Alsup found the AI training "exceedingly transformative" and comparable to "any reader
Crypto
The Norwegian government announced Friday it may impose a temporary ban on new cryptocurrency mining operations starting autumn 2025. BTCPeers reports officials aim to preserve electricity capacity for other industries through restrictions enforced under the Planning and Building Act. Minister for Digitalization Karianne Tung stated cryptocurrency mining generates little employment
Finance
Britain's Competition and Markets Authority announced today its proposal to designate Google with "strategic market status" under the country's new Digital Markets Competition Regime. The CMA's decision represents the first investigation under legislation that came into force January 1, 2025, targeting the
Finance
Tesla will debut its robotaxi service in Austin, Texas on Sunday, June 22, according to CBS News. The launch represents the first commercial rollout of Elon Musk's long-promised autonomous ride-hailing service. The pilot program will operate a small fleet of Model Y vehicles in a geofenced area of