Meta CEO Mark Zuckerberg addressed the company's May layoffs of 8,000 employees and surging Q2 expenses during an earnings call, while defending massive investments in AI infrastructure.
India secured a record 16 medals on Saturday at the Glasgow 2026 Commonwealth Games, including seven boxing golds, propelling the nation to fourth place in the overall standings with one day remaining.
India secured a record 16 medals on Saturday at the Glasgow 2026 Commonwealth Games, including seven boxing golds, propelling the nation to fourth place overall with 39 medals (13 gold, 17 silver, 9 bronze) ahead of the final day.
Twenty-two EU leaders, including German Chancellor Merz and Italian PM Meloni, criticized Spanish PM Sánchez's migration policies, particularly a regularization scheme, for undermining EU border security. Sánchez defended his policies, calling his counterparts' reactions "selfish" and "unlawful" amidst a migrant influx into Ceuta.
Up to 60,000 migrants crossed from Morocco into Spain's North African enclave of Ceuta in roughly 24 hours, overwhelming border forces and public services. The unprecedented influx has triggered a political crisis, raised questions about Morocco's alleged role in easing border controls, and exposed deep divisions within the West regarding migration policies.
Apple struggles to meet Mac Mini demand, with wait times up to 3 months, especially for higher RAM configurations. Prices have increased across Mac lineup, notably a $500 hike for the M4 Max Mac Studio.
A global study led by the Murdoch Children’s Research Institute analyzed over 100,000 infection samples from children across 82 countries, revealing a significant increase in antibiotic resistance between 2004 and 2022. The research highlights the growing threat to children's health, particularly from bacteria like Acinetobacter baumannii and Klebsiella.
Chinese-made car sales are rapidly increasing in the UK, driven by competitive pricing and advanced technology. Consumers like Izzy Woodrow and Chris Smith praise the value, while analysts note the absence of EU tariffs on plug-in hybrids provides an advantage for brands like Geely and BYD.
Singapore's COE premiums for cars and EVs saw a significant increase in the latest bidding exercise. Category A premiums rose 4.2% and Category B premiums jumped 6% to S$130,889, ahead of the December 31 expiry of EV adoption incentives.
Six large metallic spheres, identified as 'space balls' or rocket pressure vessels, washed ashore on Forrest Beach, Queensland, Australia. The discovery prompted an evacuation and investigation, with the Australian Space Agency confirming they are likely debris from a foreign rocket.
House prices in Spain and Portugal are rising sharply due to high demand, limited supply, and immigration, making homeownership difficult. Spain saw a 12.9% increase and Portugal 17.8% in Q1 2026. Both governments are monitoring markets, with Portugal tightening lending rules.
Katie Price's new four-part documentary series, 'Nothing to Hide,' offers a revealing look at her life, exploring her surgeries, personal struggles, and relentless pursuit of attention. Despite numerous tell-alls, the series delves deeper, presenting a fascinating yet exhausting portrait of the former glamour model.
Prediction markets like Polymarket and Kalshi have seen record trading volumes, exceeding $3.3 billion for World Cup contracts, far surpassing the Super Bowl. Despite a concentrated market on top contenders, billions remain on longshots. This surge coincides with increased regulatory scrutiny, including a CFTC investigation into Polymarket.
Chinese e-commerce firm Pinduoduo signs agreement for e-commerce industrial park in Xiongan New Area, Hebei province, marking its first property acquisition, aiming to hire over 5,000 employees.
Canada's annual inflation rate reached 3.2% in May, a 29-month high, driven by soaring oil prices due to US-Iran tensions. This marks the first time in over two years that inflation has exceeded the Bank of Canada's target range. Petrol prices saw a significant annual jump, contributing to overall transportation costs. While food prices also increased, analysts suggest the recent US-Iran peace deal may ease inflation in June.
Zhipu AI's market capitalization exceeded $128 billion on Monday, driven by investor optimism following the release of its new GLM-5.2 model. The model ranks second globally for front-end web development tasks.
Pauline Hanson's National Press Club address revealed a policy platform focused on anti-multiculturalism, stricter abortion access, and a "transgender insurgency" warning. Despite surging interest in One Nation, the speech highlighted fringe policy ideas unlikely to appeal to mainstream voters.
Choreographer Sonya Tayeh is premiering 'The Surge,' a dance piece inspired by Sinéad O'Connor's life and music. The work features women over 40, exploring themes of defiance, aging in the arts, and finding one's voice, drawing parallels to O'Connor's own struggles and resilience.
US retail sales rose 0.9% in May, exceeding forecasts, driven by strong auto purchases and service station receipts amid higher gas prices. Despite consumer anxiety over inflation, spending remains resilient, though a slowdown is anticipated as tax refund cushions deplete.
A seven-year-old Somali boy, Abdiqadir Salah, risks losing the ability to walk due to shrapnel from a US airstrike six months ago. His family cannot afford the £750 surgery, and the US denies civilian casualties.
Hong Kong's ICAC received 1.5 times more corruption complaints about building renovations in early 2026 vs. last year, following public concern after the Wang Fuk Court fire. The ICAC doubled investigators to 100.
Hong Kong's ICAC received 1.5 times more corruption complaints about building renovations in early 2024 vs. last year, following public concern over bid-rigging after a fatal fire. The ICAC has doubled investigators to 100.
Hong Kong stocks face potential price pressure and uncertainty as lock-up periods for IPO shares expire, with historical data suggesting median declines post-expiry. Investors are advised to carefully parse metrics amid limited AI exposure.
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled in a month, approaching $1 billion, largely due to Ripple's RLUSD. This surge supports Ripple's strategy to position XRPL as a payment rail for AI agents, enabling automated, fast, and rule-enforced transactions, a market projected to reach $183 billion by 2033.
