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Toyota to Build Japan-Bound Minivans in Taiwan to Alleviate Labor Shortages
Toyota Motor Corporation will establish a dedicated production line at its Taiwan joint venture, Kuozui Motors’ Taoyuan plant. The facility will manufacture...
Planet Labs Introduces Agentic Geospatial AI in Private Beta
Planet Labs PBC launched a new agentic geospatial AI tool, which is currently in private beta. The tool queries global satellite data using natural language....
Bundestag Approves €1 Billion Procurement of Rheinmetall Tactical Trucks
Germany's Bundestag budget committee approved the procurement of 610 RMMV HX tactical trucks for the Bundeswehr. The deal is valued at approximately €1...
Nike Launches 'Universe of Football' Campaign Featuring Global Icons
Nike launched its "Universe of Football" summer marketing campaign ahead of the 2026 FIFA World Cup. The rollout will last 12 weeks. The campaign features...
Salesforce Opens London AI Centre as Part of $6 Billion UK Commitment
Salesforce opened a new AI Centre at Devonshire Square in the City of London, expanding its London Campus. The facility supports AI learning, customer...
Dell Surges 4%, Driven by AI Agent Launch and $43B Backlog
Dell Technologies concluded its Dell Technologies World 2026 conference by debuting a range of AI-native hardware and software. The company launched the...
Corning partners with BOE on glass tech, targeting AI chip performance
Corning Incorporated signed a three-year memorandum of understanding with China’s BOE Technology Group to develop advanced materials. The collaboration...
Alliance Bank Profit Hits RM826M, Driven by 42% Non-Interest Income Surge
Alliance Bank Malaysia Berhad reported a 10.1% increase in full-year net profit to RM826.53 million for the fiscal year ended March 31, 2026. Net profit stood...
Lockheed, RTX Eye Billions, Following Depletion of Half of US Missile Stockpile
A Pentagon assessment reported by The Washington Post reveals the U.S. has depleted nearly half of its advanced missile defense interceptor stockpile while...
Tesla launches FSD subscriptions in Germany and Sweden, targeting recurring revenue
Tesla launched Full Self-Driving (FSD) Supervised subscriptions in Germany and Sweden. The service became available on May 22, 2026. Owners in both nations...
Estée Lauder Abandons $40B Puig Merger, Shares Surge 10%
The Estée Lauder Companies and Puig terminated discussions for a $40 billion merger. This deal would have created a global prestige beauty...
Meta settles first school district lawsuit, ending youth mental health trial
Meta Platforms settled the first school district lawsuit scheduled for trial on May 22, 2026. This bellwether case involved claims that social media platforms...
IBM Secures $1B Federal Quantum Award, Triggering Massive Sector Rally
The Trump administration awarded $1 billion to IBM as part of a broader $2 billion federal quantum initiative. IBM will contribute an additional $1 billion to...
ExxonMobil targets Venezuelan oil fields, following Nicolás Maduro’s removal
ExxonMobil is in advanced talks to acquire production rights for up to six Venezuelan oil fields, according to The New York Times. The deal could be finalized...
Intuit Plunges 20% on Weak TurboTax Outlook, Cutting 3,000 Jobs for AI
Intuit Inc. reported fiscal third-quarter 2026 revenue of $8.56 billion. Adjusted earnings per share reached $12.80, beating market estimates. The company is...
Supermicro AI Servers Seized in Taiwan Raid, Bypassing US Export Controls
Taiwanese authorities launched the island's first formal crackdown on semiconductor smuggling by executing search warrants across 12 locations. The Keelung...
Google, Meta Face EU Complaints, Risking 6% Turnover Fines Over Scams
The European Consumer Organisation and 29 member associations filed formal complaints against Alphabet’s Google, Meta, and TikTok under the Digital Services...
JPMorgan Offloads $4 Billion Loan Risk, Citing AI and Private Credit Fears
JPMorgan Chase is negotiating with investors to offload risk from over $4 billion in private equity loans, according to the Financial Times. The bank is...
Capital Group builds $2 billion Adani stake, pivoting to infrastructure
Capital Group reduced its holdings in Reliance Industries. The investment manager established a $2 billion stake in Adani Group companies. This reallocation...
Waymo Pauses Freeway and Atlanta Robotaxis, Citing Flooding Software Updates
Waymo suspended its robotaxi services on U.S. freeways and paused all operations in Atlanta. The company is deploying software updates to improve vehicle...