Boeing, once a symbol of American industrial strength, is now facing an escalating financial turmoil. The company, contending with a damaging strike and years of operational and safety challenges, announced plans to borrow $10 billion from major banks. Additionally, the aerospace titan seeks to raise $25 billion by selling stock…

In a groundbreaking test flight on Sunday, SpaceX pushed the limits of space exploration once again by successfully catching its Starship rocket booster with massive robotic arms upon its return to Earth. This remarkable achievement marks a significant milestone in reusable rocket technology, one of SpaceX’s core missions, as it…

SEOUL, South Korea — In a dramatic turn of events, Samsung Electronics, South Korea’s largest semiconductor manufacturer, has seen its market capitalization shrink by an astounding 90 trillion won ($66.6 billion) since September. The sharp decline in value is largely attributed to a continuous sell-off by foreign investors, marking one…

For the first time since the breakup of AT&T four decades ago, the US government is considering dismantling one of the world’s largest monopolies: Google. The Department of Justice (DOJ) made the announcement in a court filing on Tuesday night, signaling a possible breakup of Google’s core businesses, including its…

At Tesla’s highly anticipated “We Robot event” held on Thursday at the Warner Bros. Discovery studio, Elon Musk showcased a series of futuristic technologies aimed at transforming transportation and daily life. The event featured new advancements in autonomous vehicles, robotics, and artificial intelligence, reinforcing Tesla’s mission to create a sustainable…

North Korea appears to have confirmed the existence of a second uranium enrichment facility, following recent inspections by leader Kim Jong Un of new centrifuges at an undisclosed nuclear site. Analysis by leading nonproliferation experts suggests this facility is located at a previously suspected covert site near Pyongyang, known as…

TikTok, one of the world’s most popular social media platforms, is under fire once again. On Tuesday, 13 U.S. states and the District of Columbia (D.C.) filed lawsuits against the Chinese-owned app, accusing it of intentionally harming younger users by cultivating addictive behavior and failing to protect children from inappropriate…

As the European Union continues its journey towards shaping and implementing legislation on artificial intelligence (AI), the European Parliament’s Legal Affairs committee (JURI) has taken a notable step forward. According to reliable sources, JURI has formally requested membership in the cross-parliamentary working group that will oversee the implementation of the…

Kenyan lawmakers have reignited the debate surrounding Safaricom, the country’s largest telecommunications company, by reviving the 2022 Information and Communications (Amendment) Bill. The proposed law, which had previously faltered due to a lack of backing, seeks to legally split Safaricom from its highly successful mobile money platform, M-PESA. The renewed…

In a landmark announcement at the 2024 Samsung Developer Conference, Samsung Electronics unveiled its vision for “AI for All,” which will bring artificial intelligence capabilities to all of its major devices, from home appliances to smartphones. The tech giant aims to create a more personalized, intuitive, and secure user experience…