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Trump repeats claim India will cut Russian oil imports
Trump reiterates that India has agreed to cut Russian oil imports following his conversation with PM Modi, though Delhi has not confirmed such a commitment.

pple Introduces Budget AI with $599 iPhone 16e
Apple has unveiled the iPhone 16e, a budget-friendly smartphone designed to re-engage mid-market consumers in key regions like China and India.

The U.S. collected a record-breaking $22.3 billion in tariff revenue in May.
President Donald Trump’s aggressive tariff strategy is causing widespread economic disruption globally, yet it is yielding unexpected gains at home.

China Launches World’s First 10G Broadband Network:
Picture this: you hit play on a 20GB 4K movie, and it’s fully downloaded before you grab a snack. That’s now possible in Sunan County, Hebei Province, thanks to China’s new 10G broadband network

OpenAI Secures $200M Pentagon Contract
OpenAI has been awarded a contract worth up to $200 million by the U.S. Department of Defense to create advanced AI prototypes

US would help assure Ukraine's security
Trump promised Zelenskiy that the U.S. will provide security guarantees for Ukraine in future peace negotiations

Around 88% of U.S. millionaires are self-made
According to a 2012 study by Fidelity Investments, 86% of millionaires consider themselves self-made, having accumulated their wealth through investments, capital appreciation, salaries, corporate stock options, and profit-sharing plans.

neuralink will help blind people see again within the next year
Elon Musk announces Neuralink’s progress on vision-restoring brain implants, aiming to help blind individuals.

US egg prices hit a record high of $4.95
Egg prices have reached a record high in the U.S. due to an ongoing bird flu outbreak. The latest consumer price index indicates that the average cost of a dozen Grade A eggs in U.S. cities hit $4.95

Toyota Launches Experimental City in Japan
Toyota opens the first phase of its experimental Woven City, a living testbed for autonomous technologies and smart living.

Netflix loses $15B after Musk urges cancellations
Netflix shares tumble as Elon Musk’s call to cancel subscriptions sparks a $15B market loss.

AMD challenges nvidia with new ai chips backed by openai
Advanced Micro Devices (AMD) has introduced a new artificial intelligence server aimed at rivaling Nvidia’s top-tier offerings.

Bending Spoons to Buy Vimeo for $1.38B
Vimeo will be acquired by Bending Spoons in a $1.38 billion deal, marking a major shift for the video platform as it returns to private ownership.

Mercedes-Benz Implements Cost-Cutting Strategy
German luxury carmaker Mercedes-Benz has announced a sweeping cost-cutting plan in response to dwindling sales and profit margins, forecasting a significant drop in earnings for 2025. The company aims to navigate an increasingly competitive market landscape, particularly in China and Europe, where demand has softened.

Amazon Now Has 1 Million Robots in Its Warehouses
Amazon now operates 1 million robots across its global warehouses, edging closer to replacing human roles with AI and automation.

UAE became the first country to use AI to write laws
The United Arab Emirates is planning to utilize artificial intelligence (AI) to help draft new legislation and revise existing laws, marking a significant step in the Gulf nation's efforts to harness AI.

European hotels to sue Booking.com
Almost 10,000 European hotels are taking collective legal action against Booking.com over alleged inflated costs from parity clauses.

China launches K visa to lure global talent
China launches the new “K visa” to attract young STEM professionals, positioning itself as a global talent hub.

Perplexity AI Offers $34.5 Billion for Google’s Chrome
Perplexity AI has made a bold $34.5 billion bid for Google’s Chrome browser following a DOJ antitrust ruling.

McDonald's sales improved last quarter
McDonald’s Q2 results were boosted by the record-breaking Minecraft Movie Meal promotion, strong global sales, and continued digital expansion.
