Author: franperez66q@protonmail.com

SoftBank shares slide after report OpenAI may delay IPO until next year Source link

Jensen Huang, CEO of NVIDIA, arrives at a Korean barbecue restaurant for a dinner meeting with SK Group Chairman Chey Tae-won, LG Group Chairman Koo Kwang-mo, and Naver Chairman Lee Hae-jin in Seoul, South Korea, on June 5, 2026. Chris Jung | Nurphoto | Getty ImagesNvidia CEO Jensen Huang told shareholders on Wednesday that if a commercial opportunity conflicts with U.S. national security, the company would prioritize American interests.”National security comes first,” Huang said in a session shortly after the company’s annual stockholder meeting concluded.He added that if a company wanted to smuggle Nvidia’s chips or systems into countries with…

It was clear then, as we reported at the time, that this was unlikely to be the end of the matter – and so it proved. The elections in May solidified in the minds of countless MPs what many of them had long feared – their leader was deeply, deeply unpopular and costing their party support. The view of Labour MPs, channelling what they saw as the view of the electorate, calcified to a point where Sir Keir’s imminent departure became near inevitable. Against that backdrop, he was powerless to prevent Andy Burnham contesting the by-election triggered in Makerfield in…

The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on Nov. 21, 2025.Kazuhiro Nogi | AFP | Getty ImagesSoftBank Group plunged more than 11% on Friday, leading a broad selloff in Asian technology stocks, amid mounting concerns over the rising cost of artificial intelligence infrastructure. The Japanese conglomerate led losses across the region after the Nasdaq Composite fell for a fourth straight session overnight. The tech-heavy index dropped 0.46% as a 6% plunge in Apple overshadowed Micron’s stronger-than-expected earnings. Stock Chart IconStock chart iconThe weakness also spilled into Asia’s semiconductor sector. South Korea’s SK Hynix fell more than…

Samsung to announce $648 billion investments in South Korea, media report says Source link

The Federal Communications Commission was roundly criticized today for proposing to scale back or eliminate E-Rate, a $2 billion-a-year Universal Service program that provides discounts for telecom services and equipment in schools and libraries. FCC Chairman Brendan Carr said E-Rate should be changed because students are getting too much screen time. He led a 2-1 vote to issue a Notice of Proposed Rulemaking (NPRM) that proposes changes and asks the public to comment on them. “Over the last decade, school districts across the country experimented with a massive increase in screen time for students,” Carr said at today’s meeting. Carr…

Baroness Sue Gray, former chief of staff to Sir Keir Starmer and one-time civil servant in Northern Ireland, has said she “fears for Stormont”.She said people in Northern Ireland “deserve action and decisions”, which she accused of being too slow at times, due to bureaucracy within the power-sharing institutions.Baroness Gray left Northern Ireland after being overlooked for the top job in the civil service in 2020.She went on to become Boris Johnson’s principal advisor on the union and was in Sir Keir’s government after Labour won the 2024 general election, but quit just months later due to rows over her…

Biohub, a Chan Zuckerberg Initiative-funded non-profit research organization, announced Thursday that it will open another round of funding through its Rare As One Network this fall. It marks the fourth round of grants for the rare disease community from Rare As One, which has committed more than $150 million to rare disease initiatives through the four funding cycles. “When I was a pediatric resident, I would sit across from families who had done everything right — researched, advocated, fought for answers — and I had to tell them that medicine just didn’t know yet. Those families never left me. We…

FedEx Freight forecasts up to 6% revenue growth for rest of 2026 Source link

Apple shares took a big hit Thursday after the company announced bigger-than-expected price hikes on its MacBooks and iPads. It’s a bump in the road — but one that the tech giant is well-equipped to handle. The stock had its worst single session in more than a year, falling more than 6%, as management made its first official move to pass higher memory costs onto consumers since outgoing CEO Tim Cook said that price increases were “unavoidable” last week. Price changes on iPhones are expected, but not before the annual fall launch event. Still, no tech company is in a…