AI Race: Masayoshi Son Bets Against Musk's Space Plan
Musk continues to rely on first-principles engineering to solve long-term technological challenges, while Son favors rapid investment in commercially viable AI businesses.
Business
Warren Buffett Holds Back Yearly Donation To Gates Foundation, Report Says
This is the first time in nearly two decades that the Berkshire Hathaway chairman has delayed his regular summer donation
Trump's Axon Investment Draws Ethics Questions Over ICE Contract
The White House said Trump's assets are held in a trust managed by his children and that independent third-party firms oversee his investments.
Comcast Unveils Plan To Separate NBCUniversal And Sky
Comcast will focus primarily on its broadband and wireless operations, while NBCUniversal will emerge as one of the industry's largest content companies
Reflecting Pool Cleanup Firm Drawn Into Political Controversy
The Ohio-based company was awarded a $1.7 million no-bid contract to deploy its ozone nanobubbler technology, which injects microscopic oxygen bubbles into the water to combat algae and bacteria
FIFA World Cup Delivers Record TV Ratings In The United States
84 million Americans watched at least part of its World Cup coverage through June 25, based on Nielsen data
What Does South Korea's $576 Billion AI Plan Mean For Samsung And SK Hynix
Samsung and SK Hynix, along with suppliers, will invest about $517.9 billion to build two new semiconductor fabrication plants each in the country's southwest region
When Will OpenAI Go Public? IPO Timeline Still Unclear
OpenAI is currently leaning toward a 2027 public offering, although the company has not officially confirmed that timeline.
Leon Black Claims Jeffrey Epstein Misled Him Out Of $60 Million
He also said he had never abused women, engaged in sex trafficking, paid Epstein for access to women or been blackmailed by him.
Polymarket's U.S. Exchange Drives Billion-Dollar Revenue Run Rate
Trading activity has accelerated sharply as the FIFA World Cup fueled increased interest in prediction markets.
Why Is Volkswagen Planning 100,000 Job Cuts
Volkswagen is also expected to trim planned investment by about 15%, lowering spending to just over €130 billion over the next five years.
Congressional Epstein Investigation Calls Billionaire Leon Black
The committee is expected to question Black about nearly $170 million in payments made to Epstein between 2012 and 2017.
Why Is The White House Seeking To Limit OpenAI's Next AI Model
The request reflects growing concern within the U.S. government over the capabilities of advanced AI systems and the absence of a formal regulatory framework governing their deployment.
Why Are Chinese Carmakers Expanding Into Canada
Companies including BYD, Chery, Lotus and Changan have begun establishing dealerships, import networks and distribution channels despite modest sales expectations in Canada.
Why Is Polestar Ending New Vehicle Sales In The U.S.
The Bureau of Industry and Security determined that Polestar has a sufficient connection to China through its parent company, Geely, making it ineligible for approval under the new regulations.
What Factors Drove U.S. Economic Growth In Early 2026
The revised figure was higher than the earlier 1.6% estimate and marked a significant improvement from the 0.5% growth recorded in the final quarter of 2025.