Business news covering companies, markets, startups, economy, investments and corporate trends shaping global and local industries.
Category: Business
Pinterest CEO urges global ban on social media for under-16 users
Pinterest CEO Bill Ready has called for a global ban on social media for children under 16. He made the statement in a LinkedIn post on Friday. The announcement comes amid a high-profile trial in Los Angeles about youth mental health and social media use. Context of the legal trial The trial involves Google and…
Amazon explores AI-Powered smartphone comeback after fire phone failure
Amazon is preparing for a possible return to the smartphone market, more than ten years after the failure of its Fire Phone. The company is quietly developing a new device, internally known as “Transformer,” as part of its broader strategy to strengthen its position in artificial intelligence and consumer technology. Lessons from the Fire Phone…
Darksword Malware Threatens iPhone Users, Millions at Risk from Data Theft
Cybersecurity researchers have discovered a new malicious program called Darksword that targets iPhone users and aims to steal sensitive personal data. This development highlights growing concerns about mobile security, especially for users who have not updated their devices. Experts traced the malware to Ukraine, where attackers distributed it through multiple websites. Once users visit these…
Samsung to Invest $73 Billion in AI Semiconductor Growth
Samsung Electronics has announced plans to invest $73.24 billion in 2026 to expand its capabilities in artificial intelligence semiconductors. The company will allocate these funds to research, development, and infrastructure, aiming to strengthen its position in the global chip market. This move reflects the growing demand for advanced computing power driven by artificial intelligence technologies across multiple industries….
Samsung to Invest $73 Billion in AI Semiconductor Development
Samsung Electronics has announced plans to invest $73.24 billion in 2026 to strengthen its position in the rapidly growing artificial intelligence (AI) semiconductor market. The investment will focus on research and development (R&D) as well as expanding infrastructure to boost the production of advanced chips designed specifically for AI technologies. Why AI Semiconductors Matter Semiconductors are essential components that control…
Voyager’s Long Beach Expansion Signals Bold Shift Toward Defense and Space Innovation
Voyager Technologies is significantly increasing its presence by establishing a 140,000-square-foot facility in Long Beach, California—an area widely recognized as a growing center for aerospace and defense innovation. This move comes shortly after the company’s 2025 IPO and rebranding efforts. The facility is intended to meet rising demand across civil, commercial, and national security space…
Pi Day 2026: Pi Network Expands Ecosystem with New Features, Tools, and Infrastructure
Pi Day 2026 marks the seventh anniversary of Pi Network, highlighting years of steady growth, innovation, and global community participation. Since its launch, Pi Network has followed a clear long-term vision: to build an inclusive, utility-driven cryptocurrency that is accessible to everyone. This year’s Pi Day introduces major updates designed to strengthen the ecosystem, expand real-world use cases, and…
How Artificial Intelligence Is Transforming Modern Warfare
Artificial intelligence is rapidly changing how wars are planned and fought, with the Pentagon increasingly relying on advanced systems to analyze data, identify targets, and improve decision-making. As competition grows among tech companies like Anthropic, OpenAI, and Google, AI is becoming a critical tool in military operations. AI’s Expanding Role in Military Operations Modern warfare now generates massive amounts of…
Apple Unveils MacBook Neo: Its Most Affordable Modern Laptop Yet
Apple has introduced the MacBook Neo, a new budget-friendly laptop priced at just $599, making it one of the company’s most affordable modern MacBooks. The device is designed to replace the older M1 MacBook Air models and aims to make Apple laptops more accessible, especially for students and first-time users. A Budget MacBook Built for Everyday Use The…
Adobe CEO Shantanu Narayen plans leadership transition as company expands AI strategy
Shantanu Narayen, the long serving chief executive of Adobe, has announced plans to step down from his role once the company appoints a successor. The technology firm confirmed that Narayen will remain as chair of Adobe’s board to support the leadership transition. The announcement triggered a sharp reaction in financial markets. Adobe shares fell around…
