Day: June 13, 2025
White House reviews SpaceX contracts as Trump-Musk feud simmers, Reuters sources say
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters The White House earlier this month directed the Defense Department and NASA to gather details on billions of dollars in SpaceX contracts following the public blowout between President Donald Trump and billionaire Elon Musk, four people familiar with the order […]
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What is Israel’s Iron Dome? Here’s how the missile defense system works
A projectile hit buildings as Israeli Iron Dome air defense system fires to intercept missiles over Tel Aviv, Israel, Friday, June 13, 2025. Leo Correa | AP Photo The Iron Dome missile defense system, or “Kippat Barzel” in Hebrew, is widely regarded as one of the most important tools in Israel’s defensive arsenal. Designed to […]
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Swedish pension fund AP7 blacklists Tesla, has sold entire stake
A group of activists criticizing Elon Musk and Tesla’s policies hold a protest outside a Tesla dealership in London’s Park Royal district, on April 12, 2025 in United Kingdom. Anadolu | Anadolu | Getty Images Swedish pension fund AP7 said on Friday it has blacklisted and sold all its shares in U.S. electric vehicle maker Tesla, […]
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How Thai Airways avoided collapse and rebuilt for the future
Managing Asia’s Christine Tan travels to Bangkok to sit down with the chairman of Thai Airways’ rehabilitation plan, Piyasvasti Amranand, to explore how the national carrier is navigating its path to recovery. Plus, CEO Chai Eamsiri shares renewed ambition as the airline gears up for a relisting on the Stock Exchange of Thailand. Managing Asia’s […]
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Anne Wojcicki to buy back 23andMe and its data for $305 million
23andMe Founder and Board Member Anne Wojcicki speaks during a House Committee on Oversight and Government Reform hearing on June 10, 2025 in Washington, DC. Andrew Harnik | Getty Images Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, […]
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Israel-Iran conflict will hang over markets next week, with Fed meeting at hand
The Israel-Iran conflict will continue to hang over the stock market next week, as investors wait and see whether there will be an escalation in the region. Traders will also be awaiting the latest Federal Reserve meeting. Though the initial stock response to the attack was subdued, equity losses deepened on Friday afternoon. The Dow […]
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Oracle’s stock on pace for best week since 2001 on cloud momentum
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Joe Raedle | Getty Images Oracle shares are on pace for their best week since 2001 as Wall Street cheers a strong earnings report and bullish comments on the company’s prospects in cloud computing. The stock is […]
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The extraordinary escape of the lone surviving passenger of the Air India crash
The survivor of the Air India Flight 171 crash Thursday revealed he miraculously survived by escaping through a broken emergency exit. There were 242 people on board the Boeing 787-8 Dreamliner, bound for London, that crashed shortly after takeoff in the western Indian city of Ahmedabad, smashing in a fiery blast into a medical college hostel, killing […]
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U.S. judge blocks State Department’s planned overhaul, mass layoffs
U.S. Secretary of State Marco Rubio speaks to the media during a refueling stop at Shannon Airport in Shannon, Ireland, March 12, 2025, as he travels from talks with Ukraine in Saudi Arabia to attending a G7 Foreign Ministers meeting in Canada. Saul Loeb | Via Reuters A federal judge in California on Friday temporarily […]
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Here’s how to turn off public posting on the Meta AI app
This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | Afp | Getty Images AI generated images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly […]
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