Adnan Rasheed
SpaceX is preparing a new sale of insider shares that would value the company at up to $800 billion, according to people familiar with the matter, marking a record high for the closely held space and satellite operator. The transaction would lift the SpaceX valuation to the highest level in its history as investor demand … Read more
New York — The New York Times filed a lawsuit against artificial intelligence startup Perplexity AI on Friday, alleging that the company illegally copied, distributed, and displayed millions of its articles without permission to power generative AI products. The case, brought in the US District Court for the Southern District of New York, underscores growing … Read more
MIAMI BEACH, Florida — A striking art installation featuring Beeple robot dogs with hyper realistic silicone faces of tech billionaires including Elon Musk, Jeff Bezos, and Mark Zuckerberg has drawn widespread attention at Art Basel Miami Beach, combining humor, discomfort, and commentary on digital culture. The robots move within a fenced area, snapping photos of … Read more
FRANKFURT, Germany — Tesla on Friday launched a lower priced version of its Model 3 electric car in Europe, two months after its debut in the United States, as the automaker seeks to reinvigorate sales amid slowing demand and intensifying competition. The new Model 3 Standard, designed with a focus on affordability, drops some premium … Read more
BERN, Switzerland — The Swiss government is preparing to scale back parts of a proposed regulatory package that could require UBS to raise as much as $24 billion in additional capital, according to three people familiar with the discussions. The potential softening of the UBS capital rules comes after weeks of pushback from the banking … Read more
The European Union and the Group of Seven nations are weighing a full ban on maritime services for Russian oil exports, a move that would replace the existing price cap and tighten pressure on Moscow’s wartime revenue streams, according to six people familiar with the talks. The discussions mark the most significant shift in Western … Read more
The popular battle royale title Fortnite is fully accessible across platforms Thursday December 5 2025 after the latest seasonal update, according to the developer Epic Games. All primary game services including login matchmaking and Reload modes were green lit on the company’s public status page, signaling uninterrupted play for users on PC PlayStation Xbox and … Read more
Global websites and online services began restoring operations Friday after a Cloudflare outage disrupted access for users around the world. Cloudflare, a US based internet infrastructure company that supports traffic for millions of websites, said it had issued a fix for a dashboard and application failure that temporarily took down several major platforms. Shares of … Read more
WASHINGTON — The Federal Aviation Administration said Thursday it has chosen Peraton, a national security company owned by Veritas Capital, as the lead project manager for a $12.5 billion effort to modernize the nation’s air traffic control system. The selection follows congressional approval in July of a comprehensive plan to revamp the aging air traffic … Read more
Washington, DC — The US Supreme Court on Thursday allowed Texas to move forward with a controversial congressional district map for the 2026 midterm elections. Overriding a lower court ruling that had blocked the map over claims of racial gerrymandering. The decision, split along ideological lines, could reshape the political landscape ahead of next year’s … Read more
