Page 302 - World News

Groq more than doubles valuation to $6.9 bn as investors bet on AI chips

Groq, founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalize on hundreds of millions of dollars in investments on AI infrastructure

Driver rams car into FBI building gate in Pittsburgh, throws American flag

The car crashed into the gate at about 2:40 am, the FBI said, and authorities were searching for the man. Investigators, including a bomb squad, were at the scene

UN faces funding crunch as China, US delay billions in contributions

China, now the second-largest contributor to the UN budget, has been delaying its payments, stretching from a two-month delay in 2021 to nearly 10 months at the end of 2024

From subsidies to surplus: How China's car boom spiralled into oversupply

Inside China's spiralling auto industry crisis is the problem of surplus. Factories are churning out more cars than buyers want, leading to heavy discounts and abandoned vehicles

Protesters beam Trump-Epstein images on Windsor Castle amid US Prez visit

To demonstrate against Trump's arrival in the UK, demonstrators posted massive banners of Trump and Epstein near Windsor Castle and also projected several images onto the castle's towers

China bets on reusable rockets as Tianlong-3 passes 1,000-tonne thrust test

China's private start-ups and state space contractor race to build reusable rockets to deploy massive satellite constellations amid a launch shortage

Why Trump's renewed push to nix quarterly reporting may succeed this time

Trump on Monday called for the SEC to allow US-listed companies to issue periodic disclosures every six months instead of requiring quarterly reports

US Fed wrestles with how many interest rate cuts to make, how fast

Powell and other Fed officials had previously pointed to a robust job market as a key reason that they could afford to keep rates unchanged

Prosecutors dropped dozen cases from Trump's DC crime surge, says judge

The dismissals highlight the risks of Trump's emergency surge strategy: an unprecedented flood of arrests that has produced headline-grabbing numbers but faltered under judicial scrutiny

Trump's threat to target 'radical left' after Kirk killing sparks fears

The radical left has done tremendous damage to the country, Trump told reporters on Tuesday morning when leaving for a state visit to the United Kingdom

Trump revives plan to end quarterly reports: What it means for US markets

US President Donald Trump said he wants US companies to report earnings every six months instead of quarterly, but critics warn it may hurt transparency

Israel strikes Yemeni port of Hodeida as Houthis activate air defences

The Hudaydah Port is used by the Houthi terrorist regime for the transfer of weapons supplied by the Iranian regime, in order to execute attacks against the State of Israel and its allies

US military sank three Venezuela-linked drug-smuggling boats, says Trump

The president also urged Venezuelan leader Nicolas Maduro to stop sending Tren de Aragua into the United States, stop sending drugs into the United States

Why Nepal's new power brokers pose fresh challenges for India, China

If India and China continue treating Nepal primarily as a geopolitical pawn, they risk alienating future leaders

Microsoft, OpenAI, other US firms herald Trump's UK visit With pledges

The tech giants are dedicating more than £31 billion ($42.3 billion) to artificial intelligence systems, quantum computing initiatives and other tech projects

TikTok US operations buyers to include Oracle, Silver Lake, and Andreessen

If finalised, a deal will resolve a sticking point in Beijing-Washington relations and help shape the fate of China's most valuable private company

What to know about TikTok, algorithm, US-China deal to keep it running

Little is known about the actual deal in the works, including what companies are involved and whether the United States would have a stake in TikTok

University of California students, professors, staff sue Trump admin

The lawsuit comes weeks after the Trump administration fined the University of California, Los Angeles $1.2 billion and froze research funding

Trump extends TikTok ban deadline to Dec 16 following deal with China

The executive order signed on Tuesday by Trump was the fourth time he has bypassed federal law to prolong the deadline for the China-associated TikTok to sell its assets to an American company or face

Israeli forces launch Gaza City ground offensive as Palestinians flee

The operation into the largest Palestinian city escalated a conflict that has roiled the Middle East and likely pushed any ceasefire with Hamas farther out of reach