Tech

Key takeaways from historic Trump-Xi China summit

U.S. President Trump met with Chinese leader Xi Jinping in Beijing this week, his second state visit to China and the first U.S. presidential visit to the country in nearly nine years.

Turkish defense firms sign $8 billion deals at SAHA 2026 Expo

Turkish defense companies signed nearly $8 billion in export contracts within the first three days of the SAHA 2026 International Defense and Aerospace Exhibition

Meta to lay off 8,000 employees amid surge in AI spending

Meta has announced it will lay off approximately 8,000 employees, about 10% of its global workforce, as part of a broader restructuring driven by its expanding focus on AI

Hypersonica targets Europe’s first sovereign hypersonic strike capability by 2029

German-British defense startup Hypersonica is building Europe’s sovereign hypersonic strike capability

AI disruption fears spark global market selloff

Global financial markets experienced a significant retreat this week as a wave of speculative concern regarding AI) disruption moved beyond the technology sector to impact logistics, real estate, and traditional finance.

Anthropic valuation hits $380 billion as it raises $30 billion in Series G funding

Anthropic closed a $30 billion funding round at $380 billion valuation in the second-biggest private financing round on record for tech

No firm is immune if AI bubble bursts, says Google CEO

Global markets on alert as Google CEO Sundar Pichai cautions against market volatility and information reliability in the burgeoning artificial intelligence sector.

Amazon says AWS cloud service back online after massive outage disrupts businesses worldwide

Amazon Web Services (AWS) confirmed that its cloud services had largely returned to normal operations following a daylong, massive global outage that disrupted thousands of websites, major applications, and critical business functions.

UK, India sign Free Trade Agreement as Starmer and Modi hail ‘historic day’

UK and India signed a landmark free trade agreement on July 24 during Indian Prime Minister Narendra Modi’s visit to Britain.

Astronomer CEO resigns after viral Coldplay concert scandal

Andy Byron, the CEO of Astronomer, has resigned from his position following the drama surrounding the viral Coldplay concert kiss cam.
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Xi and Putin deepen strategic partnership as China-Russia energy ties expand

Chinese President Xi Jinping and Russian President Vladimir Putin reinforced their growing strategic partnership during high-level talks in Beijing
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