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Jeff Bezos speaks with CNBC’s Squawk Box from Merrit Island, Florida on May 20th, 2026.CNBCAmazon founder Jeff Bezos says data centers in space are a “very realistic” outcome, but could take longer than expected to materialize. “Some of the timelines we hear are very short,” he told CNBC’s Andrew Ross Sorkin on Wednesday. “They’re probably not right.”This is breaking news. Please refresh for updates.Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link

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BEIJING, CHINA – MAY 15: U.S. President Donald Trump speaks with Chinese President Xi Jinping while leaving after a visit to Zhongnanhai Garden on May 15, 2026 in Beijing, China. Evan Vucci | Getty ImagesThe meetings between Chinese President Xi Jinping and his U.S. and Russian counterparts came just days apart, but the style and substance of the encounters stood in stark contrast.Xi’s meeting with President Donald Trump was replete with pomp and pageantry, reflecting Beijing eagerness to project China’s power, strength and history during the White House leader’s state visit. but the Chinese premier’s meeting with his Russian counterpart…

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AllianceBernstein is backing German global tank parts and transmissions maker Renk as a standout opportunity amid a sharp retreat in European defense stocks. Marcus Morris-Eyton, a portfolio manager at AllianceBernstein, said the sector’s recent selloff has created more attractive entry points into long-term military spending themes. European defense names were among the key winners in 2025. The Stoxx Europe Total Market Aerospace and Defense Index closed the year up 56.5%, boosted by the commitment by NATO members to increase their defense spending to 5% of GDP. But investor excitement around the continent’s defense “mega-trend” has since soured, with some names…

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Cuba’s former President Raul Castro waves a Cuban national flag during the commemoration of May Day (Labour Day), marking International Workers’ Day, at Havana’s Revolution Square on May 1, 2025. Yamil Lage | Afp | Getty ImagesThe Trump administration is expected to announce criminal charges against former Cuban president Raul Castro on Wednesday, in a move that would mark a step-up in Washington’s pressure campaign against the Caribbean island’s communist government.The charges against Castro, 94, are expected to be based on a 1996 incident in which Cuban jets shot down planes operated by a group of Cuban exiles, a U.S.…

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Security researcher Brian Krebs brings us the news that America’s Cybersecurity & Infrastructure Agency (CISA) has had a large store of plaintext passwords, SSH private keys, tokens, and “other sensitive CISA assets” exposed in a public GitHub repo since at least November 2025. The now-offline public repo—named, somewhat aspirationally, “Private-CISA”—was brought to Krebs’ attention by GitGuardian’s Guillaume Valadon, who was alerted to the repo’s presence by GitGuardian’s public code scans. Krebs says that Valadon approached him after receiving no responses from the Private-CISA repo’s owner. In an email to Krebs, Valadon claimed that the repo’s commit logs show that GitHub’s…

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Prospective buyers arrive during an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty ImagesMortgage rates continued to climb higher last week, dampening demand for loans from both current homeowners and potential home buyers. They also pushed consumers to riskier loans that offer lower rates.Total mortgage application volume dropped 2.3% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The weekly average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, increased last week to 6.56% from 6.46%, with points decreasing to…

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The Google Cloud logo is displayed on a high-definition digital monolith at the entrance of the Google pavilion during the Mobile World Congress in Barcelona, Spain, on March 5, 2026. For the 2026 edition, Google Cloud showcases its developments in the ”IQ Era” by unveiling new Agentic AI solutions for telecommunications, powered by the Gemini 3.1 Pro model and Vertex AI Agent Builder. The exhibit highlights the deployment of Google Distributed Cloud running on TPU v6 (Tensor Processing Units) to enable AI at the network edge. Key demonstrations include the ”Network Digital Twin” powered by Spanner Graph and BigQuery, which…

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