Day: October 10, 2025
Navan sets price range for IPO, expects market cap of up to $6.5 billion
FILE PHOTO: Ariel Cohen during a panel at DLD Munich Conference 2020, Europe’s big innovation conference, Alte Kongresshalle, Munich. Picture Alliance for DLD | Hubert Burda Media | AP Navan, a developer of corporate travel and expense software, expects its market cap to be as high as $6.5 billion in its IPO, according to an […]
Read More
Trump puts extra 100% tariff on China imports, adds export controls on ‘critical software’
U.S. President Donald Trump points a finger as he speaks during a roundtable on “Antifa,” an anti-fascist movement he designated a domestic “terrorist organization” via executive order on September 22, at the White House in Washington, D.C., U.S., Oct. 8, 2025. Evelyn Hockstein | Reuters President Donald Trump on Friday said the United States would […]
Read More
Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April
Jensen Huang, CEO of Nvidia, speaking with CNBC’s Jim Cramer during a CNBC Investing Club with Jim Cramer event at the New York Stock Exchange on Oct. 7th, 2025. Kevin Stankiewicz | CNBC Shares of Amazon, Nvidia and Tesla each dropped around 5% on Friday, as tech’s megacaps lost $770 billion in market cap, following […]
Read More
Govini, a defense tech startup taking on Palantir, hits $100 million in annual recurring revenue
Govini, a defense tech software startup taking on the likes of Palantir, has blown past $100 million in annual recurring revenue, the company announced Friday. “We’re growing faster than 100% in a three-year CAGR, and I expect that next year we’ll continue to do the same,” CEO Tara Murphy Dougherty told CNBC’s Morgan Brennan in […]
Read More
France’s Macron reappoints former prime minister Lecornu as PM
Outgoing French Prime Minister Sebastien Lecornu, who submitted his government’s resignation to the French President this morning, reacts after delivering a statement at the Hotel Matignon in Paris, on October 6, 2025. Stephane Mahe | Afp | Getty Images French President Emmanuel Macron on Friday named Sebastien Lecornu as prime minister, reappointing him after he quit the job […]
Read More
Airlines tell passengers to prepare for delays as government shutdown continues
The Hollywood Burbank Airport air traffic control tower stands in Burbank, California, on Oct. 6, 2025. Mario Tama | Getty Images Travelers should prepare for potential flight disruptions this holiday weekend as the government shutdown continues, a group representing the largest U.S. airlines said Friday. Air traffic controller shortages this week delayed flights at some […]
Read More
U.S. will host Qatari Air Force facility in Idaho, Defense Secretary Hegseth says
U.S. Defense Secretary Pete Hegseth and Qatar’s Deputy Prime Minister and Minister of Defense Sheikh Saoud bin Abdulrahman al-Thani present a signed agreement as they meet at the Pentagon in Washington, D.C., U.S., October 10, 2025. Ken Cedeno | Reuters Defense Secretary Pete Hegseth on Friday announced an agreement to build a Qatari Emiri Air […]
Read More
Trump reaches deal with AstraZeneca to lower U.S. drug prices, MSNBC reports
U.S. President Donald Trump participates in a bilateral meeting with Finland’s President Alexander Stubb (not pictured), in the Oval office at the White House in Washington, D.C., U.S., Oct. 9, 2025. Nathan Howard | Reuters The Trump administration and AstraZeneca have reached an agreement for the U.K.-based pharmaceutical giant to cut drug prices in the […]
Read More
We tested OpenAI’s Sora 2 video generator to find out why Hollywood is freaking out
The launch of OpenAI’s updated Sora 2 AI video service kicked off another round of anxiety among musicians, actors and other content creators. Sora allows users to generate short videos for free by typing in a prompt. The app is only available on iOS devices and is limited to invitees, meaning people need a code to access […]
Read More
Blast at Tennessee explosives plant leaves multiple dead, others missing
A general view of the road signage at Accurate Energetic Systems on Oct. 10, 2025 in McEwen, Tennessee. Brett Carlsen | Getty Images Multiple people are dead and several others are unaccounted for after a blast on Friday morning in Tennessee at a military explosives plant, according to law enforcement. The explosion at Accurate Energetic […]
Read More