Business

Key Takeaways: Meta is recruiting former national security and Pentagon officials to help win government contracts. The company is expanding its lobbying efforts in Washington, D.C. Meta wants to sell its AI and virtual reality tech to the federal government. Opening up its Llama AI model for military use...

Key Takeaways: Microsoft introduces the 12-inch Surface Pro and 13-inch Surface Laptop. Both devices are AI-powered with Copilot+, designed to enhance performance. Ultra-lightweight and built for portability. Long-lasting battery life, perfect for all-day use. Affordable starting price of $799. Introduction: Microsoft has exciting news for tech enthusiasts with the release of...

Key Takeaways: Broadcom is sending cease-and-desist letters to VMware users with expired support contracts. VMware perpetual licenses are no longer available after Broadcom's acquisition. Users with expired contracts cannot renew support, pushing them toward costly subscriptions. Some users are opting to use VMware without support or exploring alternative solutions. What's...

Key Takeaways: Disney to open a new theme park in Abu Dhabi, UAE. Located on Yas Island, developed in partnership with Miral. Aims to attract tourists from Middle East, Africa, India, Asia, Europe, and beyond. Seventh Disney resort, blending Disney's storytelling with Abu Dhabi's culture and architecture. Targeting regions...

Key Takeaways: Shares in Alphabet, Google's parent company, dropped over 8% after Apple executive Eddy Cue testified in an antitrust trial. Cue revealed Google's search traffic on Apple devices declined last month for the first time in 22 years. This decline is partly due to rising competition from AI...

Introduction The Trump Organization has revealed plans for a new luxury golf resort in Qatar. This move signals continued foreign business expansion during Trump's second term. The deal underscores growing ties between the Trumps and Qatar. A New Chapter in Luxury The Trump Organization's latest venture, a luxury golf resort in...

Key Takeaways: Microsoft introduces two new Surface devices: a 12-inch Surface Pro and a 13-inch Surface Laptop. The 12-inch Surface Pro is the smallest since the 10.5-inch Surface Go. Preorders start today, with shipping on May 20. The 12-inch Surface Pro starts at $799 without the keyboard. The new...

Key Takeaways: Nvidia’s RTX 5060 launches on May 19, priced at $299. It’s aimed at budget gamers with improved performance and new tech. The card features DLSS 4 and Multi-Frame Generation. Limited stock may drive up prices despite the affordable MSRP. Performance is a step up from the RTX...

Key Takeaways: The US data center industry warns Trump's renewable energy crackdown may slow growth. Tech companies rely on clean energy for AI, which could face power shortages and higher costs. The US risks falling behind in the global AI race due to reduced renewable energy options. The Trump administration’s...

Key Takeaways: Microsoft introduces two new Surface devices: a 12-inch Surface Pro and a 13-inch Surface Laptop. Both devices are more affordable than last year’s models but have lower specs. The new Surface Laptop starts at $899 and is available for preorder now, with a release date of May...

Key Takeaways: Mattel and Ford face challenges due to Trump's tariffs. Mattel scraps financial forecast, may hike toy prices. Ford beats expectations but suspends long-term goals due to tariff impact. Toys and Tariffs: Mattel's Challenge Mattel, known for Barbie and Hot Wheels, is struggling with tariffs. The company dropped its sales...

  Key Takeaways: OpenAI drops plan to split into nonprofit and for-profit. Nonprofit will remain in control of operations. Decision follows criticism and discussions with authorities. Previous plan would have given nonprofit limited influence. Change aligns with OpenAI's mission and public trust. What Changed? OpenAI, the creator of ChatGPT, recently changed its...

  Key Takeaways: A 25-year-old man from California has admitted to hacking a Disney employee. He used a fake AI art tool to steal sensitive information. The tool was shared on GitHub and sent data to a Discord server. He faces charges for unauthorized computer access and threats. A man from...

Key Takeaways: President Trump plans to impose a 100% tariff on foreign-produced movies. He claims this is a national security measure. The move aims to protect American jobs and culture. The film industry and consumers may face significant impacts. What’s Happening? President Trump recently announced a plan to impose a 100%...

Key Takeaways: Donald Trump Jr. and Eric Trump are making millions from international business deals. Their trips to Europe and the Middle East are raising concerns about conflicts of interest. The White House says there are no ethics issues because the president’s sons run the businesses. Critics worry these...

Key Takeaways: Democratic senators accuse Elon Musk of using his White House role to promote Starlink. 13 senators, led by Mark Warner, sent a letter to President Trump for an investigation. Starlink saw breakthroughs in five countries that previously resisted the service. Concerns about possible conflict of interest and...

Key Takeaways: US employers added 177,000 jobs in April. This exceeded expectations, signaling a strong labor market despite economic challenges. Job growth was robust, indicating resilience amid trade policy uncertainties. US Job Growth Surges in April Strong Job Growth in April In April, the U.S. job market showed its strength by adding...

Key Takeaways: Sundar Pichai, CEO of Alphabet and Google, is called to testify in the DOJ's antitrust case against Google. The DOJ accuses Google of unlawfully maintaining its search engine dominance. This legal battle could reshape the tech industry's competitive landscape. What's Happening? The U.S. Department of Justice has summoned Sundar...

Key Takeaways Microsoft is making passkeys the default login method for new accounts. Passkeys replace passwords for better security and ease. Microsoft, Google, and Apple support this new standard. Existing users will be prompted to switch to passkeys soon. This change aims to reduce password-related security risks. Microsoft Ditches Passwords...

Key Takeaways: Baxter International expects a $60 million to $70 million loss this year due to tariffs. The company’s CFO, Joel Grade, revealed the financial impact during an earnings call. Baxter manufactures most of its U.S.-sold products in America but still faces tariff challenges. Tariffs on international goods are...