Business news covering companies, markets, startups, economy, investments and corporate trends shaping global and local industries.
Category: Business
U.S. Downs Iranian Drone Near Aircraft Carrier
The U.S. military shot down an Iranian drone that flew close to the aircraft carrier USS Abraham Lincoln in the Arabian Sea on Tuesday. According to officials, the drone showed aggressive behavior and had unclear intentions. An F-35 fighter jet launched from the carrier destroyed the Shahed-139 drone to protect the ship and its crew….
Clintons agree to testify in Epstein probe as contempt vote delayed
Former U.S. President Bill Clinton and former Secretary of State Hillary Clinton have agreed to testify in a congressional investigation into Jeffrey Epstein. The decision comes days before a planned vote on whether to hold the couple in criminal contempt of Congress for failing to appear before the House Oversight Committee. It remains unclear when…
Digital platforms reshape how job seekers connect with employers
Government open to digital employment partnerships The Ministry of Public Service and Labour says it is open to working with private companies that demonstrate strong job creation through digital employment platforms. Abdou Musonera, Head of Labour Market Interventions at the ministry, made the remarks while commenting on Kazispace, a platform that connects job seekers, informal…
SpaceX Considers Merger With xAI Ahead of IPO
SpaceX is reportedly in discussions to merge with xAI, another company owned by Elon Musk. The talks come ahead of SpaceX’s expected initial public offering later this year. So far, no formal agreement has been reached between the two companies. Sources say discussions are still at an early stage. Combined Valuation Could Exceed $1 Trillion…
Apple Acquires Israeli AI Audio Startup Q.ai
Apple has acquired Q.ai, an Israeli company specializing in artificial intelligence-based audio technology. The acquisition was completed on Thursday, according to official statements. Apple did not disclose the financial terms of the deal. However, sources familiar with the matter estimate Q.ai’s value at approximately $1.6 billion. Q.ai had previously received funding from major investment firms….
KYC and Mainnet Migration Updates: Millions of Pi Network Pioneers Unblocked as New Authentication Is Tested
Pi Network Expands Mainnet Migration Access Pi Network has announced major technical updates that will allow millions of users, known as Pioneers, to complete their long-awaited Mainnet migration. The latest system upgrade has already unblocked nearly 2.5 million Pioneers, while another update scheduled in the coming weeks will enable over 700,000 additional users to submit…
Bitcoin Falls Below $78,000 After Warsh’s Fed Nomination Shakes Markets
Bitcoin experienced a sharp decline over the weekend, dropping below $78,000 for the first time since 2024. On Friday, it was trading near $84,000, but within 24 hours it fell to about $77,900—losing more than 7% of its value. This drop reflects growing concerns among investors about the future direction of U.S. interest rates. The…
Russian strike kills miners and civilians in eastern Ukraine
Miners killed in Dnipropetrovsk region At least twelve miners have died following a Russian drone strike in eastern Ukraine, according to DTEK, the country’s largest private energy company. DTEK said a drone struck a bus carrying workers home after their shift in the Dnipropetrovsk region on Sunday. At least seven other people suffered injuries in…
Former Prince Andrew faces new allegation linked to Epstein
New claim emerges A second woman has alleged that Jeffrey Epstein arranged for her to travel to the United Kingdom for a sexual encounter with Andrew Mountbatten-Windsor, previously known as Prince Andrew. The woman’s lawyer said Epstein sent her to the UK in 2010. She claims she spent a night with Mountbatten-Windsor at Royal Lodge…
Bill Gates rejects Epstein claims in newly released files
Gates denies allegations Microsoft co founder Bill Gates has denied claims made by the late financier Jeffrey Epstein that he contracted a sexually transmitted disease from “Russian girls.” A spokesperson for Gates described the allegations as “absolutely absurd and completely false.” The response followed the release of new documents linked to the Epstein investigation. Why…