American Airlines To Offer Starlink WiFi In-Flight To Hundreds Starting Early 2027
American Airlines announced it would start offering Starlink WiFi in-flight to hundreds of aircraft starting early 2027.
AI Investment Bubble Concerns Grow As Big Tech Spending Soars While Revenue Lags Behind Expectations
AI boom faces scrutiny as spending soars, revenue lags, and financial risks grow across Big Tech, startups, and global markets AI economy pressure now.
Apple, Samsung End Q1 2026 In Europe With Equal 30% Smartphone Market Share
Apple and Samsung are tied in Europe smartphone market in 2026 as shifting demand, launches, and pricing reshape global competition in Q1 2026.
German Food Service Delivery Hero Receives $39.29-Per-Share Takeover Offer From Uber
Uber has proposed a $39.29-per-share takeover of German food delivery group Delivery Hero, valuing it near €10 billion and expanding Uber's global delivery footprint.
Editor's Pick
Walmart Warns About Possible Price Hikes If Fuel Costs Do Not Come Down Soon
Walmart warns it may raise prices if fuel costs stay high, as rising transportation and energy expenses squeeze profits and pressure consumers already facing higher living costs.
Jeff Bezos Denied Personal Involvement In $40M ‘Melania’ Documentary But Calls It ‘Good Business Decision’
Jeff Bezos denies personal involvement in Amazon's $40M "Melania" documentary but defends the controversial Brett Ratner-directed film as a commercially sound, high-interest business decision.
Meta Claims Layoffs Are Part Of ‘Continued Effort’ To Run Operations More Efficiently In Email To Thousands Of Affected Employees
Meta notified thousands of employees on May 20 that they were laid off to improve efficiency, representing 10% of the workforce, with no additional company-wide cuts expected in 2026.
Investors
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Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
Democratic Rep. Slams Trump Over Tariffs On Countries Sending Oil To Cuba: ‘Designed To Cause a Humanitarian Collapse’
US Seizes Record $15 Billion in Bitcoin From Global ‘Pig Butchering’ Scheme Linked to Chen Zhi
EU Faces ‘Transitional Period’ After Trump’s New Import Surcharge Shakes Trade Deal
A months-long transitional period looms in transatlantic trade as President Donald Trump's new import surcharge threatens last year's U.S.-EU trade deal.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
Deals
Funding
AI Startup Funding Surging Despite Sting of High Interest Rates
AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
People
University of Arizona Students Boo Former Google CEO Eric Schmidt After Discussing AI in Commencement Speech
Former Google CEO Eric Schmidt is booed by University of Arizona graduates after praising AI in his 2026 commencement speech, amid student protests over his record.
LinkedIn Announces New Layoffs, Says Cuts Are Not Attributed To AI Replacing Jobs
LinkedIn is cutting 5% of its workforce, affecting approximately 900 employees, citing organizational restructuring rather than AI automation as the reason for the layoffs.
Meta Raids $12B AI Startup Thinking Machines Lab, Snags Founding Engineers in Talent War
Meta hires key engineers from Mira Murati's $12B AI startup, highlighting an intensifying talent war as top firms compete for elite AI expertise.
