News

Walmart is rapidly expanding its use of Walmart Dark Stores—non-customer-facing facilities designed exclusively for fulfilling online orders. This transition reflects the retailer’s aggressive response to the evolving demands of e-commerce and intensifying competition from Amazon. According to Food & Wine, Walmart has been transforming select u…

Europe is making a decisive push to assert global leadership in quantum technologies with its new Quantum Technologies Flagship and the upcoming “European Quantum Communication Infrastructure” (EuroQCI) initiative. According to The Quantum Insider, , the Europe Quantum Strategy aims to secure technological sovereignty and capitalize on the transfor…

SoftBank CEO Masayoshi Son has declared a full-scale commitment to OpenAI, announcing at the company’s annual general meeting in Tokyo that planned investments in the artificial intelligence leader will total around 4.8 trillion yen ($33.2 billion). Despite OpenAI being a private and currently unprofitable entity, Son expressed unwavering confidenc…

Robinhood has unveiled major developments aimed at transforming the crypto and investment landscape globally. At its event “To Catch a Token” in Cannes, France, the company introduced stock and ETF tokens to eligible European Union (EU) customers, enabling access to over 200 U.S. equities with no commissions or spreads from Robinhood. These tokeniz…

Seattle’s city officials have unveiled the Seattle B&O tax proposal, controversial proposal to reshape the business and occupation (B&O) tax system, aiming to ease the burden on small and medium-sized businesses while increasing the contribution from large corporations. Mayor Bruce Harrell and Councilmember Alexis Mercedes Rinck introduced …

Xiaomi co-founder and CEO Lei Jun has officially entered the competitive electric vehicle (EV) market with the launch of the Xiaomi YU7 SUV launch, positioning the new model as a bold contender aimed directly at Tesla’s popular Model Y. Introduced at a high-profile event in Beijing on June 27, the YU7 immediately impressed investors and consumers a…

On June 20, 2025, China’s National University of Defence Technology (NUDT), based in Hunan province, publicly revealed a groundbreaking militarydevice now widely referred to as the China Microdrone, engineered for covert surveillance missions. The announcement, aired on China Central Television (CCTV), showcased a mosquito-sized device capable of u…

Tesla’s share price fell by 3.79% to close at $327.55 on Wednesday following troubling data that revealed a continued Tesla sales slump in Europe. According to the European Automobile Manufacturers Association (ACEA), Tesla’s new car sales plunged by 27.9% in May, the fifth consecutive monthly decline, despite a 27.2% increase in overall fully elec…

Lime, the Uber-backed electric scooter company, is reportedly preparing or the Lime IPO, signaling a renewed push in the micromobility sector. According to Reuters, the company has enlisted Goldman Sachs and JPMorgan to lead its U.S. Initial Public Offering (IPO), potentially slated for as early as 2025. The Lime IPO is being closely watched as a m…

Ford Motor Company has reaffirmed its commitment to constructing the Ford Michigan Battery Plant, a $3 billion electric vehicle (EV) battery plant in Marshall, Michigan, despite looming legislative threats that could strip the project of crucial federal tax incentives. The automaker announced that it would push forward with the factory’s completion…