Strive's SATA preferred shares recover to near $100 par value after June selloff, reflecting regained confidence in Bitcoin treasury strategies, with potential positive impact on similar products like Strategy's STRC.
US President Donald Trump threatens EU with tariffs in retaliation for $1 billion fine on Google, citing need for trade investigation under Section 301 of the Trade Act.
Nearly 200 Silicon Valley companies, including Proton and Y Combinator, have urged the Trump administration not to ban US access to Chinese open-weight AI models. They argue a ban would harm US startups by increasing costs and benefiting major US AI labs, while the White House discusses potential safeguards and theft allegations.
Several AI companies, including Hugging Face, Meta, Microsoft, and Nvidia, have signed an open letter urging US policymakers not to impose broad restrictions on open-weight AI models. This comes as Washington debates responses to alleged Chinese AI intellectual property theft and growing capabilities, with concerns over potential bans on Chinese open-weight models.
Huawei founder Ren Zhengfei has publicly endorsed the 'Tau Scaling Law' as the company's sole strategy for survival and growth amidst external pressures, according to internal remarks reported by Science and Technology Daily. He emphasized it's a path for survival, not disruption.
Rivian has filed a lawsuit against the U.S. government, U.S. Customs and Border Protection, and its commissioner, seeking a full refund on tariffs paid under President Trump's "Liberation Day" taxes, which the Supreme Court later deemed unconstitutional. The automaker expects tens of millions in refunds while rolling out its R2 SUV.
Elon Musk defended against racism accusations in an Economist interview, citing his half-Indian partner and a son named after an Indian physicist. Critics argue his public statements amplify far-right narratives on race, immigration, and "Western civilization" threats, despite academic research refuting his claims.
Hong Kong's trade promotion body will establish a new office in Egypt within nine months to expand its presence in Africa. This strategic move leverages China's zero-tariff treatment for 53 African nations and recalibrates resources from slower-growing traditional markets.
Delhi sees increased security with 30 CRPF companies airlifted and CISF leave curtailed amid ongoing student protests at Jantar Mantar. The Cockroach Janta Party demands Education Minister Dharmendra Pradhan's resignation over the NEET paper leak and seeks compensation for affected families.
European car companies like Volkswagen, BMW, and Mercedes-Benz face significant hurdles in launching robotaxis due to strict regulations, high costs, and cautious software oversight. In contrast, China sees rapid growth in robotaxi services, driven by government support, cheaper hardware, and greater consumer trust.
China announced export restrictions on 14 EU defense and technology companies, including Rheinmetall and Tatra, in retaliation for the EU sanctioning 14 Chinese businesses over their alleged role in supplying Russia.
Twenty-five tech companies, including Nvidia, Microsoft, and Meta, sent a letter to Washington advocating against restrictions on open-source AI models. They argue that such bans would hinder U.S. AI leadership and innovation, potentially ceding the market to closed labs, and cite a recent security breach where an open-source model was crucial for investigation.
Over 20 US tech companies, including Nvidia, Microsoft, and Meta, sent a letter urging policymakers to avoid "premature restrictions" on open-weight AI models, arguing such limits could stifle competition and innovation. The debate intensifies amid concerns over Chinese models and intellectual property theft, with key players like OpenAI and Anthropic not signing the letter.
China's Ministry of Commerce has added 14 entities from the European Union, including German defence giant Rheinmetall, to its export control list. This measure, effective immediately, prohibits the export of dual-use items and is a direct response to recent EU sanctions against Chinese and Hong Kong firms over Russia.
CNBC ve Statista'nın "World's Top Fintech Companies 2026" listesinde Türkiye'den Sipay ve Sigortam.net yer aldı. Sipay ödemeler, Sigortam.net ise sigorta teknolojileri kategorisinde 500 küresel fintek şirketi arasında gösterildi.
The US Senate Commerce Committee approved the "Connected Vehicle Security Act of 2026," which bans vehicles from companies with over 15% Chinese ownership. This legislation could bar Mercedes-Benz (due to 20% Chinese investment) and Polestar (majority-owned by Geely) from the American market, prompting concerns from European automakers.
SK Group chairman Chey Tae-won was ordered by a South Korean court to pay his ex-wife Roh Soh-yeong 944bn won ($644m) in an asset division case, a reduction from an earlier ruling, after their 35-year marriage ended following revelations of another child.
The EU, in its 21st anti-Russian sanctions package, blacklisted 15 Chinese companies and 11 from Turkey, Kyrgyzstan, Kazakhstan, UAE, and India. These entities are accused of supporting Russia's economy or defense industry, bringing the total blacklisted entities to 3,100.
The European Union, in its 21st anti-Russian sanctions package, has blacklisted the Indian branches of VTB and Sberbank, along with Indian companies Falcon Toolings and Zepto Microwave and Chip Devices Assembly. Restrictions on the banks are set to take effect on August 13, 2026.
US considers retaliation against Iran, new anti-Russian sanctions face uncertain Congressional approval, and Russia enhances drone attack defenses in Kaliningrad.
Amazon now mandates third-party sellers to label product images and videos containing AI-generated people, a policy change prompted by a new New York law requiring transparency for "synthetic performers" in advertisements. The company will add an indicator to listings where applicable.
Elon Musk admitted regret over his political involvement with Donald Trump, stating he should have focused on his companies. He predicted AI will make human work optional, leading to a "universal high income," and also commented on potential UK civil unrest and the Russia-Ukraine war.
The EU unveiled its largest sanctions package in four years against Russia, leading FIDE President Arkady Dvorkovich to suspend his activity. The measures target 218 individuals and entities, including banks, vessels, and military-industrial complex, while Ukraine faces ongoing attacks.
Jeff Bezos reportedly pushed Prime Video executives to overhaul the streaming service, codenamed "Lighthouse," by placing artificial intelligence at its core. This initiative aims to showcase Amazon's AI investments to over 200 million subscribers, potentially altering traditional revenue streams for media companies.
