Tesla is testing a production Cybercab without a steering wheel or pedals in Austin, Texas, with a safety monitor aboard — a step toward the company's broader robotaxi ambitions as a key federal regulatory change nears approval.
Digital Realty announced a $3.5 billion stake in three Blackstone-owned data centers in Northern Virginia, paying $1.2 billion in cash and $2.3 billion in shares for assets valued at $7.8 billion. Shares fell 5.4% in premarket trading on the news.
An Indonesian corruption court sentenced former Education Minister Nadiem Makarim, co-founder of Gojek, to 10 years in prison over a Google Chromebook procurement scheme, ordering him to pay 809.6 billion rupiah in restitution.
The Supreme Court issued a 5-4 ruling preserving Federal Reserve Governor Lisa Cook's position, while a separate decision expanded presidential authority to remove members of agencies such as the FTC — with significant consequences for consumers and regulators alike.
Waymo and Uber have ended their Phoenix robotaxi pilot — a deployment of just over a dozen vehicles — while expanding their partnership to hundreds of autonomous vehicles in Austin and Atlanta.
Salesforce is acquiring AI customer service platform Fin for $3.6 billion, its most prominent deal among at least six acquisitions since December. Wall Street remains divided on whether the buying spree can reverse a stock that is down roughly 40% for the year.
The Supreme Court ruled 5-4 Monday that President Trump cannot fire Federal Reserve Governor Lisa Cook for now, rejecting the administration's bid to stay a lower court order while her lawsuit challenging her dismissal proceeds.
Digital Realty announced a $3.5 billion stake in three Blackstone-owned data centers in Northern Virginia, paying $1.2 billion in cash and $2.3 billion in shares for assets valued at $7.8 billion. Shares fell 5.4% in premarket trading on the news.
The Bank for International Settlements warned in its Annual Economic Report that rising public debt, financial fragilities, renewed inflation pressures, and an uncertain AI investment boom are compounding risks to global economic stability.
U.S. shoppers spent more than $26.4 billion during Amazon's four-day Prime Day event, a 9.3% year-over-year increase, but falling average order sizes and discount-dependent spending point to a stretched consumer heading into the holiday season.
Tesla is testing a production Cybercab without a steering wheel or pedals in Austin, Texas, with a safety monitor aboard — a step toward the company's broader robotaxi ambitions as a key federal regulatory change nears approval.
Waymo and Uber have ended their Phoenix robotaxi pilot — a deployment of just over a dozen vehicles — while expanding their partnership to hundreds of autonomous vehicles in Austin and Atlanta.
Salesforce is acquiring AI customer service platform Fin for $3.6 billion, its most prominent deal among at least six acquisitions since December. Wall Street remains divided on whether the buying spree can reverse a stock that is down roughly 40% for the year.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.