Chinese electric vehicles face 125% cumulative tariffs, a proposed Senate ban, and fierce opposition from lawmakers and the US auto industry. But there is a growing possibility that Chinese EVs will be sold in the US within the next few years. The routes in are multiplying: through Canada, Mexico, and partnerships with the very automakers […] This story continues at The Next Web Read more ›
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Apple has quietly raised the desktop’s starting price to $799 after demand from developers building local AI tools cleared its shelves. Tim Cook says it could take months to catch up. For five years, the Mac mini has been the cheapest way into Apple’s desktop ecosystem. Since the M4 refresh in late 2024, that price […] This story continues at The Next Web Read more ›
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BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are not, as a rule, in the earthquake business. They are in the business of pricing risk, which is adjacent. Still, […] This story continues at The Next Web Read more ›
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Oracle’s stock has fallen nearly 50 per cent since hitting a record in September and dropped 14 per cent in the six sessions through Thursday, its worst stretch in months. Of the 51 Wall Street analysts tracked by Bloomberg who follow the company, 41 have buy ratings and only one rates it a sell. The […] This story continues at The Next Web Read more ›
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After a CFIUS-induced retreat in 2024, the wafer-scale chip startup is back with an OpenAI deal in its pocket and a sharper bet against Nvidia. Eighteen months ago, Cerebras Systems looked like a cautionary tale. The Sunnyvale-based AI chip startup had filed for an initial public offering in September 2024, only to see its plans […] This story continues at The Next Web Read more ›
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The video game retailer that meme traders saved from oblivion is now eyeing one of the internet’s oldest marketplaces. GameStop Corp is preparing a bid to acquire eBay Inc, according to a Wall Street Journal report published on 1 May 2026, sending eBay shares surging more than 13% in after-hours trading. The move would be […] This story continues at The Next Web Read more ›
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Lerrel Pinto co-founded Fauna Robotics, a startup that built an approachable bipedal robot called Sprout. He left in 2025. Amazon acquired Fauna in March, along with its 50 employees and its $50,000, three-and-a-half-foot-tall dancing humanoid, to enter the consumer robotics market. Pinto then co-founded Assured Robot Intelligence with Xiaolong Wang, a former Nvidia researcher and associate […] This story continues at The Next Web Read more ›
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Keeping track of rent due dates, scheduling apartment maintenance, even figuring out how to split utilities with roommates – when it comes to renting, there are plenty of chores on your to-do list. Thankfully, these days, there’s an app for everything. I’ve rounded up a list of the top 8 apps to help busy renters […] This story continues at The Next Web Read more ›
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The Turnberry Agreement was supposed to be the floor. Signed at Donald Trump’s golf resort in Scotland last July, the deal between the United States and the European Union set a 15 per cent tariff ceiling on nearly all EU goods entering America, including cars, car parts, semiconductors, and pharmaceutical products. In exchange, the EU […] This story continues at The Next Web Read more ›
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Mark Zuckerberg’s earnings call on Wednesday was about AI. It was about the $125 billion to $145 billion Meta plans to spend on capital expenditure in 2026. It was about Llama models and recommendation engines and the advertising systems that generate $56 billion in quarterly revenue. It was not about children. No investor asked Zuckerberg […] This story continues at The Next Web Read more ›
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Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, announced on 1 May, is for a 20-person startup founded by alumni of MIT’s HAN Lab. In a market where the largest AI […] This story continues at The Next Web Read more ›
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The Pentagon announced on 1 May that it has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI for expanded use of advanced artificial intelligence on classified military networks. The deals bring the total number of companies with such agreements to seven, following similar arrangements with SpaceX, OpenAI, and Google, which signed its own […] This story continues at The Next Web Read more ›
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Founders Fund, the venture capital firm co-founded by Peter Thiel, closed a $6 billion growth fund on 1 May, its largest ever and its fourth dedicated late-stage vehicle. The majority of the capital, $4.5 billion, came from limited partners including sovereign wealth funds. The remaining $1.5 billion came from the firm’s own partners and employees, […] This story continues at The Next Web Read more ›
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When Iran closed the Strait of Hormuz on 27 March, following weeks of US and Israeli air strikes, Brent crude hit $126 a barrel and the World Bank warned that energy prices would surge by 24 per cent, the largest increase since the Russia-Ukraine shock of 2022. For most oil-importing nations, this was an economic […] This story continues at The Next Web Read more ›
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For the first time in the 25-year history of the World Press Freedom Index, more than half of the world’s countries now fall into the “difficult” or “very serious” categories for press freedom. The share is 52.2 per cent, up from 13.7 per cent when Reporters Without Borders first published the index in 2002. The […] This story continues at The Next Web Read more ›
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Netflix can afford to lose this case. The company reported $12.25 billion in revenue in the first quarter of 2026, a 16 per cent increase from the prior year, with net income of $5.28 billion. It has 325 million paying subscribers worldwide. In March, it raised prices again, pushing the Premium plan in the United […] This story continues at The Next Web Read more ›
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SpaceX has spent more than $15 billion developing its Starship megarocket and is pushing for a launch cadence that would make space access resemble an airline schedule rather than a government programme, Reuters reported on Friday, drawing on the company’s confidential pre-IPO prospectus. The figure quantifies, for the first time, the cumulative cost of the […] This story continues at The Next Web Read more ›
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In January 2026, a new AI-generated micro-drama went live on a Chinese streaming platform every 90 seconds. By March, approximately 50,000 AI-native titles had been added to Douyin in a single month. The production cost was roughly one-tenth of a live-action shoot. The usable rate of AI-generated footage had climbed above 90 per cent. And […] This story continues at The Next Web Read more ›
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Uber has acquired the main remaining alternative taxi-hailing app in the city. Acquired five months before Hong Kong’s new ride-hailing licences are expected to come into force, the move locks in Uber’s consolidated position before competitors Didi, Tada and Amap can use the licensing transition as an opening. Uber is acquiring Hong Kong’s Fly Taxi, […] This story continues at The Next Web Read more ›
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The firm’s new ‘AI productivity gains and the performance paradox’ report concludes that most current AI applications ‘accelerate existing work’ without redesigning workflows, a finding McKinsey is publishing while targeting 1:1 parity between its 40,000 human consultants and 40,000 AI agents by year-end. McKinsey’s strategy practice has published a new analysis arguing that the corporate […] This story continues at The Next Web Read more ›
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Most of the umbilical cord blood collected at birth is discarded. The tissue is clamped, cut, and disposed of as medical waste, along with the stem cells it contains, cells that are immunologically naive, genetically diverse, and capable of being reprogrammed into virtually any cell type in the human body. The New York Blood Center […] This story continues at The Next Web Read more ›
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13.06.2026 19:22
Last update: 19:15 EDT.
News rating updated: 02:10.
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