Two businessmen are now in custody for allegedly violating U.S. export control and smuggling laws. As part of the overall investigation, a Houston company and its owner also pleaded guilty to smuggling cutting-edge Artificial Intelligence (AI) technology out of the United States, and the United States has seized over $50 million in Nvidia technologies and […]
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Boeing has completed its $4.7 billion acquisition of Spirit AeroSystems, reabsorbing the major aerostructures supplier nearly two decades after it was spun off. The deal brings back under Boeing’s control the company responsible for building fuselages for the 737 Max, including the Alaska Airlines aircraft involved in a high‑profile door‑panel blowout in early 2024 ABC […]
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IBM has announced plans to acquire Confluent, the California‑based data‑streaming specialist, in an all‑cash deal valued at $11 billion, marking one of the company’s most significant moves yet to strengthen its position in enterprise AI and cloud computing. IBM will pay $31 per share, representing a premium of roughly 34–50% over Confluent’s recent closing prices […]
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The protective steel structure built to contain radioactive material at the Chernobyl nuclear power plant has lost its primary safety functions following a drone strike earlier this year, the International Atomic Energy Agency (IAEA) has confirmed. Inspectors say the damage means the shield — known as the New Safe Confinement (NSC) — can no longer […]
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Saudi Arabia and Qatar have signed a historic agreement to build a 785‑kilometre high‑speed electric railway linking their capitals, a major infrastructure project signalling deepening ties between the once‑estranged Gulf neighbours. The deal, announced in Riyadh and Doha, marks the first rail link of its kind between the two states and is expected to reshape […]
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Italian technology conglomerate Bending Spoons has continued its rapid expansion in the global software sector, agreeing to acquire Eventbrite in an all‑cash deal valued at roughly $500 million TechCrunch Billboard. The San Francisco‑based ticketing and event‑management platform, once valued at $1.76 billion at its 2018 IPO, will be taken private after the transaction closes, expected […]
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The United States is preparing to expand its travel ban to more than 30 countries, marking one of the most sweeping escalations of immigration and security restrictions under President Donald Trump. Homeland Security Secretary Kristi Noem confirmed the move in a televised interview, saying the administration is evaluating “over 30” nations for inclusion on the […]
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The UN on Monday hailed the determination of Syrians working to rebuild their country but cautioned that sustained international engagement is essential to keep the transition from the chaos of a year ago on track – amid ongoing security and humanitarian challenges. “Syrians astonished the world by overcoming years of authoritarian rule – marking the […]
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Indonesia says it will require more than $3 billion in reconstruction and recovery funds after catastrophic floods and landslides devastated large parts of Sumatra, killing nearly 1,000 people and leaving hundreds still missing. Senior officials confirmed the scale of the damage during a cabinet meeting led by President Prabowo Subianto in Aceh province. According to […]
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A magnitude 7.2 earthquake struck off Japan’s northern coast on Monday, prompting authorities to issue a tsunami alert for parts of Hokkaido and Aomori, according to the Japan Meteorological Agency NBC News Yahoo News UK. The quake, which hit at a depth of roughly 30–50 kilometres, triggered warnings of waves up to 3 metres (10 […]
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