Tech giants commit billions to Indian AI as New Delhi pushes for superpower status

Tech giants commit billions to Indian AI as New Delhi pushes for superpower status

Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers — … Read more

Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma

Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma

Microsoft’s head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company’s Xbox business faces increased challenges. “Last year, Phil Spencer made the decision to retire from the company, and since then we’ve been talking about succession planning,” Microsoft CEO Satya Nadella wrote in a memo to employees that … Read more

Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns

Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns

Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 12% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide … Read more

Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy

Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy

The Supreme Court on Friday struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda, delivering a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled 6-3 in the long-awaited decision. The ruling is a massive … Read more

National Parent Teacher Association breaks ties with Meta amid child-safety trials

National Parent Teacher Association breaks ties with Meta amid child-safety trials

Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images The National Parent Teacher Association is splitting with Meta as the social media giant’s high-profile child-safety … Read more

Traders brace for Trump’s new tariff plan, possible Iran attack and Nvidia earnings

Traders brace for Trump’s new tariff plan, possible Iran attack and Nvidia earnings

Wall Street next week is bracing for President Donald Trump’s new tariff plan following Friday’s Supreme Court ruling, at the same time as traders scan for escalating tensions with Iran and look ahead to Nvidia ‘s latest financial results. Stocks swung between gains and losses on Friday after the high court ruled that Trump wrongfully … Read more

Trump announces new 10% global tariff after raging over Supreme Court loss

Trump announces new 10% global tariff after raging over Supreme Court loss

President Donald Trump said Friday he will sign an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import duties in a major rebuke of his trade agenda. The new “Section 122” tariffs will come on top of the existing levies that remain intact following the … Read more

Supreme Court tariff case winner Learning Resources is ‘on the right side of history,’ CEO says

Supreme Court tariff case winner Learning Resources is ‘on the right side of history,’ CEO says

Rick Woldenberg, chief executive officer of Learning Resources, arrives at the U.S. Supreme Court building in Washington, Nov. 5, 2025. Eric Lee | Bloomberg | Getty Images The CEO of Learning Resources said Friday that “we’re excited to stand on the right side of history here” after the Supreme Court ruled in favor of his … Read more

Watch: Trump speaks after Supreme Court strikes down tariffs

Watch: Trump speaks after Supreme Court strikes down tariffs

[The stream is slated to start at 12:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump on Friday speaking at the White House after the Supreme Court struck down his signature tariff policy. Trump will lead a press briefing at the White House … Read more

Democrats rejoice in Supreme Court rebuke of Trump tariffs they have called illegal

Democrats rejoice in Supreme Court rebuke of Trump tariffs they have called illegal

Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference with other members of Senate Democratic leadership following a policy luncheon at the U.S. Capitol in Washington, DC on January 28, 2026. Nathan Posner | Anadolu | Getty Images Congressional Democrats rejoiced on Friday and Republicans remained divided in the wake of a momentous … Read more