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US Considers Revoking Chipmaker Authorizations in China Amid Trade Tensions

Jun 21, 2025 01:50 am UTC| Technology Business Governance Politics

The U.S. Department of Commerce is reportedly weighing the revocation of special authorizations granted to global chipmakers Samsung, SK Hynix, and TSMC, potentially limiting their access to American chipmaking equipment...

Trump Halts Biden-Era Farmworker Rule, Citing Legal Uncertainty and Farmer Relief

Jun 21, 2025 01:46 am UTC| Politics Governance

The Trump administration has officially suspended enforcement of a 2024 labor rule introduced under President Joe Biden that granted union protections to foreign farmworkers on H-2A visas. The Department of Labor (DOL)...

Federal Judge Blocks NSF’s 15% Cap on University Research Funding

Jun 21, 2025 01:44 am UTC| Politics Law Governance

A federal judge has blocked the National Science Foundation (NSF) from enforcing a controversial policy that would have sharply reduced indirect cost reimbursements to U.S. universities conducting scientific research. The...

Australia’s Teen Social Media Ban Gains Momentum with Promising Tech Trial

Jun 20, 2025 04:30 am UTC| Governance Technology

Australias world-first ban on social media access for under-16s is gaining traction, as results from a major age verification trial suggest the approach is both feasible and effective. The Age Assurance Technology Trial,...

Dodgers Deny ICE Access Amid Immigration Raid Protests in Los Angeles

Jun 20, 2025 04:08 am UTC| Politics Governance

The Los Angeles Dodgers denied U.S. Immigration and Customs Enforcement (ICE) agents access to Dodger Stadiums parking lot on Thursday, marking their first public opposition to recent immigration raids in the city. The...

Australia Shuts Tehran Embassy Amid Escalating Israel-Iran Conflict

Jun 20, 2025 04:05 am UTC| Politics Governance

Australia has suspended operations at its embassy in Tehran due to worsening security as Israel continues airstrikes on Irans nuclear facilities. The escalating Israel-Iran air war, now in its second week, has left foreign...

Trump Retains Control of California National Guard Amid Legal Battle

Jun 20, 2025 03:34 am UTC| Politics Law Governance

A U.S. appeals court has allowed President Donald Trump to retain control over Californias National Guard, despite an ongoing legal challenge by Governor Gavin Newsom. The 9th U.S. Circuit Court of Appeals extended a pause...

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Economy

Trump Criticizes Fed Chair Powell Again, Hints at Possible Replacement

U.S. President Donald Trump has reignited criticism of Federal Reserve Chair Jerome Powell, once again suggesting he might fire himdespite earlier saying he wouldnt. In a Truth Social post on Friday, Trump questioned why...

S&P 500, Nasdaq Dip Amid Iran-Israel Tensions and Fed Rate Uncertainty

U.S. stocks closed lower on Friday as rising geopolitical tensions between Iran and Israel weighed heavily on investor sentiment. The SP 500 lost 0.22% to 5,967.84, while the Nasdaq Composite dropped 0.51% to 19,447.41....

Global Market Jitters Rise as Central Banks Diverge Amid Economic Uncertainty

Investor anxiety is growing as central banks send mixed signals, clouding the global monetary outlook. Norway shocked markets with an unexpected interest rate cut, sending the krone down 1% against the dollar and euro....

Japan-US Trade Talks Stall Ahead of Key Tariff Decision

Japans trade negotiations with the United States remain stalled, with Economic Revitalization Minister Ryosei Akazawa stating Friday that discussions remain in a fog despite ongoing efforts. Tokyo is pushing to convince...

China’s Rare Earth Magnet Exports Plunge Amid Tighter Export Controls

Chinas exports of rare earth magnets dropped sharply in May, falling 52.9% from April to just 1,238 metric tonsthe lowest monthly level since February 2020, according to Chinese customs data. Year-on-year, the decline was...

Politics

US Considers Revoking Chipmaker Authorizations in China Amid Trade Tensions

The U.S. Department of Commerce is reportedly weighing the revocation of special authorizations granted to global chipmakers Samsung, SK Hynix, and TSMC, potentially limiting their access to American chipmaking equipment...

Trump Halts Biden-Era Farmworker Rule, Citing Legal Uncertainty and Farmer Relief

The Trump administration has officially suspended enforcement of a 2024 labor rule introduced under President Joe Biden that granted union protections to foreign farmworkers on H-2A visas. The Department of Labor (DOL)...

Federal Judge Blocks NSF’s 15% Cap on University Research Funding

A federal judge has blocked the National Science Foundation (NSF) from enforcing a controversial policy that would have sharply reduced indirect cost reimbursements to U.S. universities conducting scientific research. The...

Kremlin Uncertain on Putin-Trump Meeting Amid Global Turmoil

The Kremlin said Friday it could not predict whether Russian President Vladimir Putin and U.S. President Donald Trump will meet in person this year, citing global instability and escalating conflicts such as the...

European Diplomacy Pushes Iran Toward Nuclear Talks Amid Escalating Tensions

European foreign ministers from the E3 Britain, France, and Germany are set to meet Iranian counterpart Abbas Araqchi in Geneva this Friday, aiming to revive nuclear diplomacy as U.S.-Israeli military tensions with Iran...

Science

SpaceX Starship Explodes in Texas During Test, Citing Nitrogen Tank Failure

SpaceXs Starship spacecraft exploded in a dramatic fireball during a late-night test at the companys Starbase facility in Brownsville, Texas, on June 18, 2025. The 400-foot Mars-bound rocket, a key part of Elon Musks...

NASA Astronauts Wilmore and Williams Recover After Boeing Starliner Delay

NASA astronauts Butch Wilmore and Suni Williams are steadily recovering after spending nine unexpected months aboard the International Space Station (ISS) due to issues with Boeings Starliner capsule. Initially intended...

SpaceX Starship Test Flight Reaches New Heights but Ends in Setback

SpaceXs massive Starship rocket, central to Elon Musks vision for interplanetary travel, launched its ninth uncrewed test flight from Starbase, Texas, on May 27, 2025. The two-stage vehiclecomprising the upper-stage...

Trump’s nomination for NASA leader boasts business and commercial spaceflight experience during a period of uncertainty for the agency

Jared Isaacman, billionaire, CEO and nominee to become the next NASA administrator, faced questions on April 9, 2025, from members of the Senate Committee on Commerce, Science, and Transportation during his confirmation...

Lab-grown meat: you may find it icky, but it could drive forward medical research

Lab-grown meat causes heated debates. Proponents see benefits for the climate and animal welfare. Opponents worry about a Frankenstein food they regard as risky and unnatural. Whatever your opinion, the technology...

Technology

Meta and Oakley Launch AI Smart Glasses with Meta AI and Camera Features

Meta has expanded its wearable tech portfolio by partnering with Oakley to release AI-powered smart glasses, following the strong market response to its Ray-Ban Meta line. The collaboration with EssilorLuxottica, parent...

Apple Reportedly Eyes AI Startup Perplexity Amid Rising Search Tech Competition

Apple is reportedly exploring a potential acquisition of artificial intelligence startup Perplexity, according to Bloomberg News. The internal discussions, which involve Apples MA chief Adrian Perica, services head Eddy...

Meta and Oakley Unveil AI Smart Glasses for Athletes and Adventurers

Meta Platforms Inc. (NASDAQ: META) has partnered with Oakley to launch the Oakley Meta HSTN, a high-performance AI smart eyewear product blending advanced technology with athletic design. Targeting athletes and active...

BBC Considers Legal Action Against AI Firm Perplexity Over Content Use

The BBC is reportedly preparing legal action against AI search engine Perplexity for allegedly using its content without permission to train artificial intelligence models. According to the Financial Times, the UK public...

Australia’s Teen Social Media Ban Gains Momentum with Promising Tech Trial

Australias world-first ban on social media access for under-16s is gaining traction, as results from a major age verification trial suggest the approach is both feasible and effective. The Age Assurance Technology Trial,...
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