After Iran attacked American destroyers, the US launched retaliatory strikes while the UAE intercepted Iranian drones and missiles. President Trump stated the ceasefire agreement between the two nations remains effective. The incident highlights escalating military tensions in the Middle East between the US and Iran.
Multiple British media outlets report that a Home Office official has been convicted of unlawfully working for Chinese intelligence services. The case raises national security concerns and highlights vulnerabilities in government department security protocols. The incident underscores risks of foreign intelligence infiltration into government institutions.
The US Court of International Trade ruled that tariffs imposed under Section 122 of the trade act lack legal authorization. The court determined that the tariff measures exceeded the authority granted by law, constituting an illegal action. This ruling has significant implications for US trade policy.
Instructure's Canvas learning management platform confirmed a major data breach affecting student names, email addresses, ID numbers, and messages. The hacking group ShinyHunters claimed responsibility for the attack and threatened to release the data if affected schools do not contact them privately. The platform experienced downtime on Thursday following the breach disclosure.
Chi Leung "Peter" Wai, a UK immigration officer, was convicted along with another man of working for Chinese intelligence. Wai misused access to the main immigration database to track Hong Kong dissidents residing in the UK, representing a serious breach of public trust and national security.
North Korean leader Kim Jong Un is advancing a naval fleet modernization program that includes developing nuclear-capable warships. The initiative is viewed as a challenge to the United States and its regional allies, including South Korea, heightening military tensions on the Korean Peninsula. Experts interpret this move as reflecting North Korea's strategic intent to strengthen its military capabilities.
After Iran attacked American destroyers, the US launched retaliatory strikes while the UAE intercepted Iranian drones and missiles. President Trump stated the ceasefire agreement between the two nations remains effective. The incident highlights escalating military tensions in the Middle East between the US and Iran.
Multiple British media outlets report that a Home Office official has been convicted of unlawfully working for Chinese intelligence services. The case raises national security concerns and highlights vulnerabilities in government department security protocols. The incident underscores risks of foreign intelligence infiltration into government institutions.
The US Court of International Trade ruled that tariffs imposed under Section 122 of the trade act lack legal authorization. The court determined that the tariff measures exceeded the authority granted by law, constituting an illegal action. This ruling has significant implications for US trade policy.
An estimated 11,000 North Korean soldiers were sent to participate in Russia's military operations against Ukraine. The deployment of North Korean troops has drawn international attention, with memorial sites suggesting significant casualties from the conflict. The military cooperation between North Korea and Russia represents a deepening of their alliance with major implications for the Eastern European situation.
Brazilian President Lula and U.S. President Trump are working to repair diplomatic relations between the two countries. Lula is attempting to prevent Trump from endorsing a right-wing candidate in October's presidential election. Both sides are engaging in dialogue to ease previous diplomatic tensions and maintain bilateral relations.
US President Trump suspended 'Project Freedom' after Saudi Arabia withheld its support for the initiative. Following a Wednesday call between Saudi Crown Prince Mohammed bin Salman and Trump, Riyadh has lifted the suspension. The two sides have reached an understanding to resume cooperation on the project.
Gulf states have removed restrictions on U.S. military base access and airspace use, allowing the United States to resume escort operations in the Strait of Hormuz. The decision enables the U.S. to guide commercial vessels through this strategically critical waterway. The move supports maritime security and freedom of navigation in the region.
European Council President António Costa announced that the EU is prepared to seek negotiations with Russian President Putin, with Ukraine's backing. The move represents the EU's effort to explore diplomatic solutions to the Ukraine-Russia conflict and pursue potential peace talks.
Chi Leung "Peter" Wai, a UK immigration officer, was convicted along with another man of working for Chinese intelligence. Wai misused access to the main immigration database to track Hong Kong dissidents residing in the UK, representing a serious breach of public trust and national security.
The United States added 115,000 jobs in April, exceeding Wall Street forecasts for the second consecutive month. Despite facing energy sector challenges, the labour market demonstrated strong resilience. The data reflects continued stability and growth in US employment, with unemployment rates remaining low and underlying economic fundamentals remaining supportive.
Sony reported a 120.1 billion yen (approximately $765 million) impairment loss against Bungie's assets during the fiscal year ending March 31, 2026. The loss includes a 31.5 billion yen charge from Destiny 2's underperformance in Q2 and an additional 88.6 billion yen charge in Q4. Marathon, Bungie's extraction shooter launched in early March with a budget exceeding $250 million, failed to meet sales expectations.
The escalating tensions in Iran have boosted profits and share prices for certain firms. Multiple companies across defense, energy, and related sectors have benefited from geopolitical tensions, experiencing rising revenues and stock valuations. Analysts note that the conflict has created business opportunities and investment returns for these enterprises amid regional instability.
Sony continues to face significant financial losses from its Bungie acquisition, with the latest loss reaching $560 million. The developer's new title Marathon has underperformed expectations, while Destiny 2 has experienced a substantial decline in player engagement. The acquisition has had a notable negative impact on the PlayStation maker's financial performance.
The International Monetary Fund cautions that while artificial intelligence advances can strengthen financial markets' defenses against cyber threats, the technology now possesses the capacity to cause macroeconomic financial disruptions. The organization highlights emerging risks to global financial stability from AI development, emphasizing the need for enhanced regulatory oversight and preventive measures.
Sony Pictures Entertainment reported flat revenue of approximately $9.9 billion for fiscal year 2025 ending March 31, 2026. Growth from Crunchyroll anime streaming and global box office success of Demon Slayer: Kimetsu no Yaiba Infinity Castle was offset by lower theatrical release revenues. The company's shutdown of VFX division Pixomondo negatively impacted profitability.
Payment platform startup Ramp is in talks to raise $750 million at a pre-money valuation exceeding $40 billion. The company's valuation has grown from $32 billion in November, representing over 20% increase in just six months.
Artificial intelligence company Kodiak AI announced a $100 million funding round at a substantially lower valuation than its previous round, triggering a 37% stock price decline. The company simultaneously announced new commercial contracts and a pilot program in Canada, though the steep discount on the funding round reflects market concerns about its prospects.
A US investment fund has threatened to divest its stake in TotalEnergies in response to the company's withdrawal from offshore wind projects. The move signals growing resistance to the Trump administration's policy of paying companies to halt renewable energy initiatives. The fund argues that corporations should continue investing in clean energy rather than accepting government incentives to abandon wind development.
Prediction market startup Kalshi has completed a $1 billion Series F funding round led by Coatue Management. The funding round values the company at $22 billion, doubling its valuation from five months prior. Kalshi operates a platform enabling users to trade predictions on various events, with this investment reflecting growing market confidence in the prediction market sector.
Tesla announced a recall of all 173 RWD Cybertruck Long Range models priced at $70,000 due to faulty brake rotors. The brake rotor stud holes may crack, allowing studs to separate from the wheel hub and potentially cause wheels to fall off. The company identified three warranty claims related to the issue but reported no collisions, injuries, or fatalities. This marks the 11th Cybertruck recall.
PJM Interconnection, which oversees the electrical grid serving some of the world's densest data center regions, is proposing major reforms to address unprecedented strain from artificial intelligence expansion. The grid operator faces mounting pressure from surging electricity demand driven by AI infrastructure development. However, stakeholders question whether PJM's proposed overhaul is adequate to meet the challenge, with disagreement over the effectiveness of the reform plan.
Airbnb announced that artificial intelligence now writes 60% of its new code. Additionally, the company's customer support AI bot handles 40% of customer issues without escalating to human agents. This demonstrates Airbnb's significant progress in integrating AI technology across software development and customer service operations.
Disney CEO Josh D'Amaro, who took over from Bob Iger earlier this year, has emphasized his commitment to streamlining the Disney experience. The company is considering developing a single integrated application to consolidate its various services, aiming to enhance customer convenience and engagement.
Pit, a new AI startup founded by cofounders of European scooter company Voi, has secured $16 million in seed funding led by a16z. Based in Stockholm, the company represents the latest emerging tech venture from the region, backed by one of the world's leading venture capital firms.
Gusto, a payroll and human resources management software company, announced reaching $1 billion in annual revenue. This milestone is based on actual revenue figures rather than estimated annual recurring revenue (ARR). The achievement demonstrates significant business growth and brings the company closer to potential public market entry. Gusto serves small and medium-sized businesses with payroll, benefits, and HR management solutions.
OpenAI has introduced a new 'Trusted Contact' safety feature for ChatGPT to protect users in conversations involving potential self-harm. The mechanism expands the company's user protection efforts by detecting risk indicators and notifying pre-designated trusted contacts when concerning patterns are identified, enabling timely support and intervention.
According to a public hearing notice filed in Grimes County, Texas, SpaceX plans to invest at least $55 billion in its "Terafab" AI chip manufacturing plant in Austin. The investment could potentially reach $119 billion if additional expansion phases are constructed. Elon Musk announced the project in March with ambitious goals to produce chips supporting up to 200 gigawatts of computing capacity annually.
Elon Musk's legal action against OpenAI may depend on whether the company's for-profit subsidiary supports or undermines its founding mission to ensure humanity benefits from artificial general intelligence. The case places OpenAI's safety practices and corporate governance under close examination.
Elon Musk filed a 2024 lawsuit against OpenAI and CEO Sam Altman, alleging the company abandoned its founding mission to develop AI for humanity in favor of profit maximization. The trial has heard testimony from Musk, Brockman, and other key figures. Microsoft CEO Satya Nadella and OpenAI cofounder Ilya Sutskever are scheduled to testify this week. The case will determine OpenAI's future direction and that of its flagship product, ChatGPT.
Instructure's Canvas learning management platform confirmed a major data breach affecting student names, email addresses, ID numbers, and messages. The hacking group ShinyHunters claimed responsibility for the attack and threatened to release the data if affected schools do not contact them privately. The platform experienced downtime on Thursday following the breach disclosure.
Cybercrime group ShinyHunters claimed to have breached Instructure again, defacing login pages of multiple schools using the education platform with extortion messages. The incident highlights ongoing cybersecurity threats targeting educational institutions and their digital infrastructure.
An unidentified hacker group is infiltrating systems that were previously breached by cybercrime group TeamPCP. Upon gaining access, the hackers immediately remove TeamPCP and eliminate its malicious tools from victims' systems.
Takashi Tezuka, co-creator of Yoshi and key designer behind Mario and The Legend of Zelda franchises, has announced his retirement from Nintendo. After 42 years with the Japanese gaming company, Tezuka will step down from his position as executive director. His departure marks the end of an era for one of gaming's most influential creative minds.
Takashi Tezuka, one of Nintendo's most prominent developers, will retire on June 26 after over four decades with the company. Since joining in 1984, Tezuka served as designer, director, or producer on iconic franchises including Mario and Zelda series. He frequently collaborated with Mario creator Shigeru Miyamoto and directed landmark titles such as The Legend of Zelda, Super Mario Bros. 3, and Super Mario World, where he helped create the character Yoshi.
English football teams have achieved a historic milestone by reaching the finals of three different European competitions in the same season for the first time. This unprecedented accomplishment demonstrates the competitive strength of English clubs and the Premier League on the continental stage.
Wei Fenghe and Li Shangfu, former Chinese defense ministers, were sentenced to death with a two-year reprieve by a military court on the 7th for corruption-related charges. This represents the heaviest sentence imposed on senior military officers during Xi Jinping's anti-corruption campaign, reflecting strict Party discipline enforcement in the military.
U.S. President Trump is scheduled to visit Beijing on May 14-15 for a two-day summit with Chinese President Xi Jinping. This meeting represents one of the most significant high-level U.S.-China diplomatic engagements during Trump's second term, testing the personal diplomatic relationship the two leaders have cultivated over years amid evolving international circumstances.
Security researchers discovered that hackers exploited AI models from Anthropic and OpenAI to attack Mexico's water and drainage systems. This incident marks an escalation from traditional corporate IT attacks to critical infrastructure targeting, raising significant concerns about AI security safeguards and potential risks to essential services.
On May 7, security firm Ivanti announced five high-risk vulnerabilities in its Endpoint Manager Mobile (EPMM) platform. Notably, CVE-2026-6973 has been actively exploited in real-world attacks. The vulnerabilities affect EPMM versions below 12.8.0.0. Ivanti has released patched versions 12.8.0.1, 12.7.0.1, and 12.6.1.1 for users to deploy.
Nvidia CEO Jensen Huang announced multi-billion dollar prepayment to Corning for building new U.S. factories to expand fiber optic and optical connectivity component production. The funding is separate from this week's equity investment announcement. The collaboration is expected to create thousands of jobs and strengthen the AI data center supply chain.
According to sources, a key company behind Thailand's national AI initiative allegedly assisted in smuggling billions of dollars worth of Supermicro servers containing advanced Nvidia chips to mainland China, with Alibaba among multiple end customers. The case involves illegal export of high-tech products and raises concerns about international trade controls enforcement.
US law enforcement is investigating the smuggling of advanced NVIDIA chips worth billions of dollars. According to sources, a company linked to Thailand's national AI initiative allegedly helped smuggle US supercomputers equipped with NVIDIA chips through Thailand to Chinese company Alibaba. The case involves violations of US export controls and national security concerns.
Security researcher Hyunwoo Kim has disclosed the Dirty Frag vulnerability chain affecting the Linux kernel. The flaw impacts all major Linux distributions, allowing low-privilege accounts with code execution capability to obtain root access. Third parties released exploit code and vulnerability details before vendors issued patches and CVE assignments were completed, forcing researchers to disclose full technical information prematurely.
Chinese navigation application Amap has gained rapid popularity in Taiwan due to features like precise traffic light countdown displays. However, concerns have been raised regarding its data sources and personal information collection methods. Taiwan's government is evaluating potential security risks related to user call records and personal data collection.
Allergan Medical Beauty Group is embroiled in a hidden camera scandal at its clinic. The company's CEO Chang Rushan, an executive assistant, and an engineer face charges for illegally recording customers' privacy. The court ordered their detention without bail, citing concerns about evidence tampering and flight risk. The case involves sexual images of minors, raising serious privacy protection issues in the medical aesthetics industry.
Taiwan's Legislative Yuan passed the Special Military Procurement Act today, reducing the budget ceiling from 1.25 trillion to 780 billion Taiwan dollars, a 37% decrease. Democratic Progressive Party spokesperson Li Kunzheng expressed regret, arguing the move ignores international warnings and defense needs, potentially weakening Taiwan-US relations and risking cancellation of the HIMARS rocket system deal due to payment delays.
Taiwan's Legislative Yuan passed the "Special Act for National Security Protection and Asymmetric Warfare Capability Enhancement Plan Procurement." The first batch of military purchases has a budget ceiling of NT$30 billion, while the second batch is capped at NT$48 billion, totaling NT$78 billion. The Executive Yuan must submit a special report within one month of the act's passage, requiring Legislative Yuan approval before budget compilation, with submission to the legislature within two months.
Oil prices surged following a military confrontation between US and Iranian forces in the Strait of Hormuz. WTI crude climbed 4% to approach $99 per barrel, while Brent crude closed around $100. The US Central Command stated it intercepted Iranian attacks and conducted defensive strikes, though emphasized no intent to escalate. President Trump warned of stronger retaliation if Iran fails to sign an agreement soon. The strait has been effectively blockaded since late February, disrupting global energy supplies.
U.S. President Trump will visit China for a two-day summit with President Xi Jinping, marking the first visit by a sitting American president in nearly a decade. The two leaders, both over 70 and born a day apart, have met at least six times over the past decade. While both emphasize their personal diplomatic relationship, tensions over trade, Taiwan, and technology continue to escalate, reflecting intensifying U.S.-China competition.
According to sources, US prosecutors allege that Bangkok-based OBON Corp. helped smuggle approximately $2.5 billion worth of Supermicro servers containing Nvidia chips to China, with Alibaba as a major customer. The case involves Supermicro's co-founder collaborating with Southeast Asian companies and multiple brokers in violation of US trade regulations. The March indictment triggered a significant stock decline for Supermicro, marking the most serious chip smuggling case since the US restricted Nvidia sales to China in 2022.
An expedition vessel conducting a 33-day Atlantic voyage with scheduled exercise classes and stargazing activities was forced to terminate early following a hantavirus outbreak that resulted in three deaths. The incident highlights the challenges of disease control in confined shipboard environments during extended maritime expeditions.