Author: Editor-In-Chief

Kylie Jenner is serving as a human poster child for meta’s AI glasses, but pop star Lorde doesn’t approve. During his set at the Mad Cool Festival in Madrid last week, Lorde had some choice words about this new technology that many security experts consider a privacy nightmare. “In our world, it’s becoming increasingly difficult to know what’s true,” Lord told the audience. “I don’t know if someone’s wearing sunglasses or those damn things (AI glasses). Just to be clear, wear glasses. No glasses. It’s not sexy.” Lorde previously wrote about throwing her phone into the ocean, but this was…

Choi Tae-won, chairman of SK Group, during the initial public offering (IPO) on the Nasdaq market site in New York, USA, on Friday, July 10, 2026. Michael Nagle | Bloomberg | Getty ImagesSK Hynix The option debuted on Tuesday to less fanfare than expected, given the stock’s annual rise and more than 20% gain on Tuesday alone.About 150,000 options were traded on SK through midday Tuesday, with more calls than puts, but the most popular directional trade by volume was selling calls, according to Cboe LiveVol data. Cboe offered five expiration dates. Five of the monthly options expire on the…

Anton Petrus | Moments | Getty ImagesEurope has spent years rebuilding its military in response to Russia’s invasion of Ukraine. Investment is now increasingly centered around one technology that is seen as central to the continent’s future security: drones.A series of announcements over the past two weeks shows how quickly that change is accelerating. NATO announced a new drone initiative, the UK allocated billions of pounds for drones and counter-drone systems, Germany moved to buy 50,000 drones for Ukraine and defense technology startup Hellsing secured an $18 billion valuation.This development reflects a broader shift in military planning, with unmanned aerial…

Miles Wang, an OpenAI researcher whose work includes using AI to accelerate scientific and biological discovery, is leaving the ChatGPT maker to launch a new startup focused on developing AI models for drug discovery, according to four people familiar with his plans. Several other OpenAI researchers will join the new company. Mr. Wang is in talks to raise about $200 million at a valuation of $2 billion, two people familiar with the matter said. Lightspeed is in talks to lead the funding round, the people said. Negotiations are ongoing, but the agreement may not be final and details are subject…

People hold umbrellas as they walk outside the U.S. Capitol building in Washington, D.C., on July 9, 2026. Heavy rain and lightning battered the city on Thursday night. Finn Gomez | Getty ImagesA bipartisan group of senators is introducing a bill to begin action on Social Security reform.The PROMISE Act, which stands for Protecting Retirement Opportunities and Preserving Income Security for All, would establish a process to enact changes to Social Security, the more than 90-year-old federal program that provides benefits to more than 71 million Americans each month.Social Security, a pay-as-you-go program that relies on trust funds to supplement…

ASML On Wednesday, the company raised its earnings outlook for the second time this year as customers continue to ramp up production of AI chips.The Dutch semiconductor equipment maker said it expects full-year sales of 43 billion euros ($49 billion) to 45 billion euros and gross profit margins of 54% to 56%. The company had previously expected annual net sales of 36 billion to 40 billion euros and gross profit margins of 51 to 53 percent.Here’s a comparison of ASML and LSEG consensus forecasts for Q2.Net sales: 9.3 billion euros against expectations of 8.8 billion euros Net profit: 2.9 billion…

Beijing — An American scientist who has studied underground nuclear tests has been detained in China for more than 18 months on suspicion of espionage, according to his supporters and U.S. lawmakers. Seismologist Yulin Chen has been “unlawfully detained” since November 2024, U.S. Sen. Edward Markey said in a statement Tuesday. President Donald Trump raised Chen’s detention and called for her freedom during a meeting with Chinese leader Xi Jinping in Beijing in May, according to Global Reach, a U.S. nonprofit that is working with Chen’s family on the case. Chen, who lives in Boston and has a son in…

Jamie Dimon, Chairman and CEO of JPMorgan Chase and David Solomon, Chairman and CEO of Goldman Sachs.Angela Weiss | AFP | Getty ImagesU.S. megabanks provided evidence Tuesday that the global artificial intelligence boom isn’t just benefiting tech giants and chip makers.goldman sachs and JP Morgan Chase Companies posted record quarterly profits, buoyed by strong increases in stock trading and investment banking.JPMorgan Chief Financial Officer Jeremy Burnham told reporters that the fact that AI is “ubiquitous in financial markets” is behind Goldman’s 39% increase in revenue to $20.3 billion and JPMorgan’s 27% increase in revenue to $58 billion.”These are buoyant environments…

Iran said it had targeted US military infrastructure in the Gulf in retaliation for US airstrikes and the resumption of Iranian port blockades. CNN cannot independently verify Iran’s claims. Although the military and state media have repeatedly claimed they were successful in targeting U.S. assets, this has been proven untrue, and CNN has reached out to U.S. Central Command for comment. Iran’s claims regarding its military actions in the Gulf are as follows: • Kuwait: Iran’s Islamic Revolutionary Guards Corps (IRGC) attacked a U.S. military logistics and support center in Mina Abdullah, Kuwait, early Wednesday morning local time and claimed…

New York became the first state to halt data center construction after Governor Kathy Hochul signed an executive order today temporarily prohibiting the state from approving new permits for large projects. Hochul’s order applies to data centers larger than 50 megawatts and could affect more than a dozen projects. The state Department of Environmental Protection will not issue permits that are not yet completed. While resource concerns are fueling some of the backlash, much of it is also driven by broader concerns about AI. A recent Pew Research report found that only 10% of Americans are more excited than worried…