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- Microsoft cuts OpenAI revenue share as their AI alliance loosens
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- U.S., Iran seize ships as war evolves into standoff over Strait of Hormuz
- Google launches training and inference TPUs in latest shot at Nvidia
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Author: GT
Google’s adding a slew of AI features to its productivity-focused Chromebook Plus line of devices, including a screen selection tool for search and text capture, a tool that explains complex text, and NotebookLM. The new screen selection tool works similarly to Google Lens and the “Circle to search” feature in Chrome on smartphones: long-press the launcher button or use the screenshot tool to select what is on your screen, and Google will instantly search for it. The tool also lets you select text and quickly add an event to the calendar. Image Credit: Google Last year, Google added a new…
U.S. President Donald Trump talks to reporters upon his arrival at Morristown Municipal Airport in Morristown, New Jersey, U.S., June 20, 2025. Ken Cedeno | ReutersPresident Donald Trump on Monday demanded that “everyone” needs to “keep oil prices down” or they would play “into the hands of the enemy.” “EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!,” the president said in a post on his social media platform Truth Social. Trump’s message comes after his decision to bomb Iran’s key nuclear sites over the weekend has put the world…
Japanese shipping company Nippon Yusen Kabushiki Kaisha, or NYK Line, is acquiring Germany’s salary payment platform for seafaring workers, Kadmos, as it seeks to further expand the reach of its fintech services in the maritime sector. The companies did not disclose the financial terms of the acquisition deal, which is expected to be completed in the next few weeks. MIT alumni Justus Schmueser and Sasha Makarovych founded Kadmos in 2021, aiming to provide businesses, including shipowners and ship management companies, with affordable and transparent options for transferring salaries internationally, specifically for seafaring workers. In 2019, NYK launched a financial services…
An Islamic Revolutionary Guard Corps speed boat sailing along the Persian Gulf during the IRGC marine parade to commemorate Persian Gulf National Day, near the Bushehr nuclear power plant in the seaport city of Bushehr, in the south of Iran, on April 29, 2024.Nurphoto | Nurphoto | Getty ImagesThe number of vessels navigating the critically important Strait of Hormuz appears to be declining, according to the world’s largest shipping association, amid deepening fears of a widening conflict in the Middle East.Jakob Larsen, head of security at Bimco, which represents global shipowners, said all shipowners were closely monitoring developments in the…
Fabricio Bloisi, chief executive officer of Prosus NV, during an interview in London, UK, on Monday, Oct. 21, 2024. Bloisi took the reins of South Africa’s Naspers Ltd. and its investment arm Prosus NV in July with a plan to double the value of the 110-year-old group within the next four years. Jose Sarmento Matos | Bloomberg | Getty ImagesIndia will produce a $100 billion tech company in the coming years, the CEO of Prosus told CNBC on Monday, as the firm bets on the country for its next big investment win.Prosus, which is majority owned by South African company…
Reporters photograph an operational timeline of a strike on Iran at the Pentagon on June 22, 2025, in Arlington, Virginia, U.S.Andrew Harnik | Getty Images News | Getty Images The United States conducted airstrikes on three of Iran’s nuclear sites on Saturday, entering Israel’s war against Tehran. The timing was unexpected. On Thursday, U.S. President Donald Trump said he was still considering U.S. involvement and would arrive at a decision “within the next two weeks.”Financial and political analysts had largely taken that phrase as code word for inaction.”There is also skepticism that the ‘two-week’ timetable is a too familiar saying…
While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity round (around $133 million), TechCrunch learned exclusively. This comes only a few weeks after it landed $105 million in growth funding from General Catalyst, its backer since 2021. Finom’s business model centers on providing European SMBs with a financial platform that combines banking, invoicing, and…
A trader on the floor of the New York Stock Exchange during the first session of the new year on January 2, 2025, in New York City, U.S.Timothy A. Clary | Afp | Getty ImagesThe U.S. joining the war between Israel and Iran might seem like a geopolitical flashpoint that would send markets tumbling. Instead, investors are largely shrugging off the escalation, with many strategists believing the conflict to be contained — and even bullish for some risk assets.As of 1 p.m. Singapore time, the MSCI World index, which tracks over a thousand large and mid-cap companies from 23 developed…
Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies.Eli Hartman | ReutersOil markets are entering a new phase of uncertainty after the U.S. joined the war between Iran and Israel, with experts warning of triple-digit prices.Investors are closely watching for Tehran’s reaction following the U.S.’ strikes on its nuclear facilities, with Iran’s foreign minister warning his country reserved “all options” to defend its sovereignty. Oil futures were up over 2% as of early Asia hours. U.S. WTI…
U.S. and Israeli flags projected on the historic walls of the Old City near Hebron Gate in Jerusalem, Israel, on June 22, 2025. Gazi Samad | Anadolu | Getty Images United States on Saturday conducted air strikes on three of Iran’s nuclear sites, entering Israel’s war against Tehran. The timing was unexpected. On Thursday, U.S. President Donald Trump said he was still considering U.S. involvement and would arrive at a decision “within the next two weeks.”Financial and political analysts had largely taken that phrase as code word for inaction.”There is also skepticism that the ‘two-week’ timetable is a too familiar…
