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Elon Musk has reclaimed his title as the world’s richest individual, following a brief period on Wednesday when Oracle co-founder Larry Ellison surpassed him. Ellison surged ahead for several hours as Oracle’s stock soared, driven by robust demand for its
The companies said they favor accelerated review because they are suffering serious economic hardships as a result of the price increases and supply chain delays’ in a Friday court filing. Small businesses contesting President Donald Trump’s extensive tariffs informed the
Despite a US appeals court ruling that most of President Donald Trump’s tariffs are illegal, the Trump administration is pressing on with discussions with trading partners, US Trade Representative Jamieson Greer stated on Sunday. In an interview on Fox News’
Korean Air snaps up 100 Boeings for $50 billion
Korean Air has announced a $50 billion deal to buy more than 100 Boeing aircraft and several spare engines and obtain engine maintenance for 20 years. The deal was formalised at a signing ceremony Monday in Washington as South Korean
On Friday, the primary indices of Wall Street experienced an increase exceeding 1 percent, following remarks from US Federal Reserve Chair Jerome Powell, who indicated a potential interest-rate reduction at the upcoming policy meeting during his address at the Jackson
Nvidia is reportedly working on a new AI chip for China, leveraging its latest Blackwell architecture. This upcoming chip is expected to surpass the capabilities of the H20 model that the company is currently permitted to sell in the region,
Ukraine has put forward a $150 billion defense package in collaboration with the United States (US), a move that could solidify its security following a potential peace settlement with Russia, as indicated by documents shared with allies. The proposal outlines
Musk threatens antitrust lawsuit against Apple
Elon Musk has issued a warning of potential legal action against Apple, citing alleged violations of antitrust laws. The tech mogul’s statement raises significant concerns about competition in the industry. On Tuesday, tech billionaire Elon Musk issued a warning about
Chip manufacturers Nvidia and Advanced Micro Devices (AMD) are set to allocate 15 percent of their revenue derived from AI chip sales to China to the US government. The agreement emerges subsequent to a discussion held between Nvidia’s chief executive
Elon Musk and Satya Nadella find themselves in conflict once more, this time regarding the launch of GPT-5. Elon Musk, the chief of xAI, expressed his displeasure on Thursday following the release of OpenAI’s latest GPT-5 model, which he views