Tag: Business
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Musk’s SpaceX in talks to supply the Pentagon with computing power, WSJ reports
July 17 : Elon Musk’s SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter.Such an agreement would extend the Pentagon’s existing relation
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A strong start to earnings season will be put to the test next week
Next week’s Alphabet and Tesla earnings will give some idea of where the semis go next.
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France blocks access to Polymarket website
PARIS, July 17 : France has blocked access to the Polymarket betting website, the country’s gambling regulator said on Friday, citing concerns it could expose users to significant gambling losses and that some wagers offered on the platform could be manipulated.”On July 16, 2026, the president of France’s Nat
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Trump Media pitched $100,000 monthly fee for fast feed of US president’s posts, FT reports
July 17 : Donald Trump’s social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the U.S. president’s posts on his Truth Social platform, the Financial Times reported on Friday.Trump Media & Technology Group did not immediately respond to a Reuters re
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Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports
July 17 : Apple and the U.S. Department of Justice are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws, Bloomberg News reported on Friday, citing people with knowledge of the matter.Apple and the DOJ did not immediately respond to Reuters requests for c
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US judge won’t block Meta from laying off workers who filed AI discrimination lawsuit
July 17 : A U.S. judge on Friday rejected a bid by 26 employees of Meta Platforms to block the tech giant from laying them off while they pursue claims that they were targeted for job cuts by the company’s AI-powered tools because they have disabilities or took medical leave. U.S. District Judge William Orri
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SpaceX targets next week for another Starship launch attempt as shares slide on abort
WASHINGTON, July 17 : SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief setback that nevertheless wiped roughly $100 billion from the newly public company’s market value.The company’s Starship rocket ignited its
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FAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again
The move is a vote of confidence in Boeing from the U.S. government.
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The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don’t expect a long-term impact
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
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French internet service providers told to block access to Polymarket
PARIS, July 17 : France’s gambling regulator said on Friday it had instructed internet service providers to block access to the Polymarket betting website, citing concerns that it could expose users to significant gambling losses and that some wagers offered on the platform could be manipulated.”On July 16, 2
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