American businessman, founder and executive chairman of Amazon
Automakers have pulled several electric models from the U.S. market even as quarterly EV sales have risen. Q2 2026 U.S. consumer EV purchases have reached 247,226 vehicles, a sequential rise driven by higher fuel prices, new low-cost entrants and state rebates. Manufacturers and startups are responding with cheaper models, but many legacy brands have cancelled or delayed U.S. EV projects.
OpenAI is contending in a high-stakes legal battle with Apple over a trade secrets lawsuit that could affect its hardware plans. The dispute centers on alleged misconduct by former Apple employees now at OpenAI, including senior hardware leadership. The case intersects with OpenAI’s rumored IPO timing and its ambitions in hardware.
Chinese automakers have accelerated global expansion in 2026, showcasing rapid advances in batteries, charging and autonomous tech at the Beijing Auto Show while exports have surged. BYD, Geely and CATL have rolled out ultra-fast charging batteries and chargers; Geely is exploring US production through Volvo; legacy automakers are reorganising to respond to the pressure.
The Artemis II crew has completed a nearly 10-day lunar flyby, breaking Apollo 13's distance record and returning safely to Earth on April 10, 2026. The mission has tested NASA's Orion spacecraft, provided critical data for Artemis III's planned moon landing in 2027, and energized plans for a sustainable lunar base. The astronauts have shared their experiences and undergone medical checks at NASA's Johnson Space Center.
Tim Cook has announced he will step down as Apple CEO and become executive chairman on Sept. 1, 2026, and John Ternus, the company’s head of hardware engineering, has been named CEO-designate. The move has been presented as a planned succession while Apple is confronting AI shortfalls, China supply risks, and pressure to produce a new product wave.
The Artemis II crew has returned to Earth after a record-breaking lunar flyby, and NASA is pivoting to surface-based lunar exploration. Axiom Space and Northrop Grumman acknowledge corrosion issues in habitat modules, while agencies push toward a 2028 lunar landing and a 2030 Moon base timeline, despite ongoing technical hurdles.
Mayor Zohran Mamdani has announced a pied-à-terre tax targeting luxury properties worth over $5 million, including Ken Griffin's $238 million penthouse. The move has triggered opposition from Griffin's hedge fund Citadel, which is considering halting a $6 billion redevelopment project. Critics warn the tax could drive wealthy residents and businesses away from New York City.
NASA has selected Lunar Outpost and AstroLab to build lunar terrain vehicles for a moon base program and announced private partners will lead the first uncrewed lunar landers and cargo missions this year, with iterative demonstrations planned toward a permanent lunar outpost.
A wave of space-based data-center startups and defense-aligned ventures are racing to deploy orbital computing. Companies plan test satellites, funding rounds, and government programs to scale AI workloads in orbit, while observers caution about the cost, heat management, and regulatory hurdles.
Blue Origin has lost a New Glenn rocket in a catastrophic engine test at Cape Canaveral, producing a fireball that damaged the LC‑36A pad and generated seismic waves. Jeff Bezos and CEO Dave Limp have said key propellant tanks and some hardware survived and the company has begun a pad rebuild, while NASA is offering technical support for Artemis-related schedules.
NASA has named Randy Bresnik, Luca Parmitano, Frank Rubio and Andre Douglas as the Artemis III crew for a mid‑2027, two‑week Earth‑orbit test flight to practice docking with prototype lunar landers from Blue Origin and SpaceX. The all‑male selection has drawn online criticism and questions about whether Blue Origin’s May New Glenn explosion will delay the program.
The expansion of AI data centers is meeting increasing resistance from communities, with regulators considering moratoriums and bans while tech giants defend efficiency gains and transparency. New disclosures show progress toward water-use goals, but concerns about environmental impact persist.
Bezos has launched Prometheus to build an “artificial general engineer” that could accelerate invention, with funding surpassing $12 billion and 150 employees. He asserts AI will raise productivity and create opportunities, countering fears of widespread job losses. The company is pursuing AI models for engineering, manufacturing and design, while exploring regulation debates.
Trump has nominated Jay Clayton, former SEC chairman and U.S. attorney, to be the next Director of National Intelligence. The move follows a congressional standoff over extending the expiring FISA program, with Pulte set to serve as acting DNI. Coverage details the political friction and potential implications for U.S. intelligence oversight.
SpaceX has gone public in the largest IPO in history, pushing Elon Musk toward trillionaire status as the company outlines ambitious plans—from data centers in space to lunar bases—while investors weigh the feasibility and risks amid a sprawling empire.
A wave of brands and fans has linked themselves to the Knicks after their first title in 53 years. From high school athletes to consumer products, the celebration has extended across sports, entertainment, and business as brands ride the moment.
The New York Knicks clinched the NBA title in a dramatic finish, sparking mass celebrations that have stretched into the weekend. Amid the triumph, reports of violence and incidents involving fans have emerged, including assaults and property damage across Manhattan and San Antonio as fans celebrate.
Outside groups have poured billions into 2026 races, with AI, crypto and political power players spending to back or thwart candidates. In NY-12, Maryland’s MD-05, and beyond, pro- and anti-AI committees are influencing races as November approaches, while individual fortunes test the limits of soft money in a polarized landscape.
Slate Auto has unveiled a bare‑bones two‑seat electric pickup with a $24,950 base price and a two‑row SUV conversion starting at $29,950. The company has raised the base EPA range estimate to about 205 miles, is taking preorders with a $300 deposit, and plans production to begin in late 2026 with direct online sales.
Micron has reported blockbuster fiscal third-quarter results — $41.46bn revenue and $28.24bn net income — and has forecast roughly $50bn for the current quarter. The results have pushed Micron above a $1tn market value, restarted buying in memory stocks and have sharpened concerns that soaring AI data‑centre demand is forcing consumer electronics makers, including Apple, to prepare price increases.
Giving USA 2026 reports 2025 philanthropy at a record $617 billion, up 3% in inflation-adjusted terms. Bequests and megagifts from a handful of ultra-wealthy donors drive the rise, with MacKenzie Scott contributing about a third of megagift dollars and Warren Buffett, Bill Gates and Michael Bloomberg among top benefactors. The stock market boom underpins broader giving across individuals, foundations, and corporations.
General Intuition has raised $320 million at a $2.3 billion valuation, backing a world-model AI that can plan in real-world spaces. The funding supports its push into physical AI, training on gameplay before applying to real-world robotics.
Prime Day has updated with a curated set of deals our editors test and trust. We highlight the standout kitchen, home, tech and travel offers and explain why they’re worth buying while prices may vary across retailers.
The world’s richest person has seen his fortune swing wildly after SpaceX’s IPO. SpaceX and Tesla shares have fallen amid a broader tech sell-off, eroding Musk’s trillionaire status. Despite volatility, he remains the wealthiest individual as markets reassess growth prospects in AI and tech.
Trump-backed Julia Letlow has won the Louisiana Senate runoff, consolidating support for his slate in Republican primaries. The race highlights Trump’s continued influence while Democratic challengers eye a path to regain control of Congress.
The US Department of Commerce has lifted export controls on Anthropic's Claude Fable 5 and Mythos 5, and Anthropic has begun restoring access. Mythos 5 has been cleared for a vetted group of US organisations; Fable 5 — redesigned with stronger safeguards — is being redeployed more broadly after testing and coordination with government officials.
OpenAI and Anthropic prepare to list as other tech ventures eye public debuts, amid warnings about IPO pricing. History shows many listings underperform in the long run, but investors remain hopeful as market chatter intensifies.
Microsoft has announced 4,800 job cuts companywide, including 3,200 roles in Xbox during fiscal 2027 and 1,600 Xbox positions eliminated immediately. Xbox will spin out or divest five studios and reduce management layers as it restructures to strengthen margins while shifting resources toward AI and core franchises. The move has reduced Xbox headcount by about 20%.
The disclosures show Melania Trump earning over $17 million in 2025, largely from a $40 million licensing deal and $6 million from NFTs and collectibles. Donald Trump reports more than $2 billion in earnings, much from crypto ventures and meme coins. Critics cite potential conflicts of interest as Amazon and other entities profited around the same period.
A wave of luxury brand entrants and upgrades is reshaping the cruise industry. Independent reports that Celebrity Solstice has underdone a revamp, Four Seasons plans a third yacht, and luxury lines expand with new itineraries and onboard spaces. Readers are guided through what this means for travelers and the market.
celebrities are staging a high-profile wedding during a heatwave in New York, drawing massive security, road closures, and public attention. Critics say the spectacle underscores a city increasingly tuned to the needs of the rich while ordinary residents bear the burden.
Amazon has reached a milestone with a satellite constellation of over 390 satellites, enabling initial Leo internet service later this year. The launch cadence faces delays from recent rocket setbacks, but the company plans broader coverage as more satellites go online.
JAXA has flown the RV-X, lifting it 11 metres and landing it upright 16 metres away at Noshiro, marking Japan’s first successful launch and landing of a rocket. China’s Long March-10B has achieved a sea-based net catch on its maiden flight, signaling a major step toward reusable launch technology. The stories show growing momentum in global efforts to reduce space-launch costs and expand access to space.
Ford is pursuing a $30,000 electric pickup built on a new Universal EV Platform, aiming to-scale production and profitability. The truck, smaller than some rivals, will launch around 2027 from Ford's Kentucky plant, as Ford reins in costs after big EV investments.
The AI industry has reached a tipping point as hyperscalers project rising returns from chips and data centers. New analyses forecast trillions in 2026 revenue to justify the AI build-out, even as token costs and cheaper models pressure profitability.
Three robotics and automation startups have raised significant funding this week, underscoring a shift toward automated manufacturing across diverse sectors. Munich-based microagi has secured $55 million in a seed round led by Hummingbird, while Senra instrumentalizes wire harness automation in aerospace and defense with a $65 million Series B. The funding underscores a broader push to standardize and scale automated production amid labor shortages and reshoring pressures.
Amazon has announced its first satellite internet agreement on the African continent, partnering with South Africa’s Herotel to launch a new service in a country of about 62 million people. The deal underscores a broader push into Africa, with Amazon Leo aiming to expand across the continent and to collaborate with Vanu Inc. The move comes amid public criticism from Elon Musk regarding South Africa’s regulatory environment.