Author: franperez66q@protonmail.com
The highly anticipated SpaceX mega-IPO is part of a space frenzy that is moving beyond satellite connectivity, launch vehicles, and aerospace defense to the pharmaceutical sector. A growing number of companies are heading to lower Earth orbit to make medicines in zero gravity.The range of commercial opportunities is expanding as foundational aerospace industries set the necessary infrastructure. Morgan Stanley predicts the space economy could surpass $1 trillion by 2040, and while industries from semiconductors to fiber-optic cables stand to benefit, medicine could see the most immediate disruption.Last year, space and defense technology company Redwire formed a dedicated subsidiary, SpaceMD, to…
Japan stocks higher at close of trade; Nikkei 225 up 1.92% Source link
Meta’s contempt-of-court filing was not yet available today. We contacted NSO Group and will update this article if it provides a comment. Meta: NSO is malicious, “continues to defy US courts” WhatsApp filed its case against NSO in 2019, alleging that NSO used WhatsApp to send malware to about 1,400 mobile phones and devices for the purpose of surveilling the devices’ users. “The evidence showed that defendants reverse-engineered WhatsApp’s code to create a modified version of the WhatsApp client application, which they then used to install their software on target users’ devices via WhatsApp’s servers,” US District Judge Phyllis Hamilton…
Investors may need to rethink the most basic principles of portfolio management as artificial intelligence, geopolitical tensions and other structural shifts reshape markets, according to the BlackRock Investment Institute. The asset manager argued that traditional portfolio construction methods are becoming less effective in an investment environment increasingly driven by what it calls “mega forces” — long-term changes ranging from AI and demographic shifts to geopolitical fragmentation and the energy transition. “We think this means investors should revisit big portfolio calls more often and have an explicit plan B portfolio ready,” BII strategists led by Jean Boivin said. Among its highest-conviction…
Apple on Monday revealed what it’s been working on in artificial intelligence at its annual Worldwide Developers Conference in Cupertino, Calif. WWDC showed off demos of its redesigned Siri, which can speak back and forth with the user, a major improvement over previous versions of the assistant. In a demo, Siri was able to check concert dates, set a reminder to buy tickets, and even get directions to pick up a friend on the way to the concert venue.But the announcement also highlighted that Apple has taken a different strategy to many of its Silicon Valley rivals, choosing not to…
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026.Hussein Faleh | Afp | Getty ImagesIraq and the United Arab Emirates are fast-tracking plans to expand oil pipelines to replace the capacity lost by the closure of the Strait of Hormuz, as new data reveals their stark dependency on the Persian Gulf. Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network, which would more than triple its existing shipments from 220,000 barrels per day…
South Korea’s SK Hynix, Samsung rebound after AI rout spurs deep losses Source link
If you’re using older iPhone or iPad hardware and you’re hoping to keep running Apple’s latest operating systems, this year’s releases bring mostly good news. The iOS 27 update will run on all iPhones that can run iOS 26, all the way back to the iPhone 11 and second-generation iPhone SE. The iPadOS 27 update is slightly less generous, dropping support for the 3rd-generation iPad Air, 8th-generation iPad, and 5th-generation iPad mini (all of these devices used an older A12 Bionic chip; supported devices now use an A13 or better). Apple says owners of older devices should see performance improvements…
GlaxoSmithKline headquarters in London on Jan. 17, 2022.Hannah Mckay | ReutersUK pharmaceutical group GSK is in talks to acquire oncology biotech Nuvalent for more than $9 billion, in what would be the British drugmaker’s largest acquisition in more than a decade, the Financial Times reported Tuesday.The companies have been in discussions with the aim of finalizing a deal as early as this week, the FT reported, citing people familiar with the matter. Representatives for GSK and Nuvalent did not respond to CNBC’s requests for comment.Both sides have yet to reach a final agreement and the talks could still fall apart…
South Korea Q1 GDP revised up to 1.8% on strong chip exports Source link