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BIZARRE: Ft | Mind Blowing Facts

Swatch claiming $170 million in damages against Samsung over trademark infringement: FT

Swiss watchmaker Swatch is demanding $170 million from Samsung, alleging the tech giant facilitated digital replicas of Swatch's iconic watch designs on its smartwatches. A British court previously found Samsung liable for trademark infringement. This ruling, stemming from a 2019 lawsuit, could pave the way for a similar case in…

The Economic Times

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

SpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T. The Elon Musk-led company, which already offers supplemental coverage with T-Mobile, is considering building its own terrestrial network. This move follows SpaceX's acquisition of significant wireless spectrum licenses, positioning Starlink for…

The Economic Times

China black market Nvidia prices rocket in wake of smuggling crackdown and customs freeze — five-year-old A100 servers triple in price, now fetching up to $82,000

Chinese companies are paying as much as $82,000 for servers built around Nvidia's five-year-old A100 accelerator

Tom’s Hardware

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Saudi PIF's governor wants the kingdom to become a global investment center

After deploying billions in capital around the world, Saudi now wants to attract global investment to the kingdom

Fortune

New regime over Hormuz? How Iran seeks to tighten control after US peace deal

Iran's new Strait Authority is mandating insurance for ships in the Strait of Hormuz, raising fears of future passage fees. While currently free, this move follows a 60-day interim agreement to restore traffic. Observers suggest Iran is establishing a new regulatory framework, potentially challenging international maritime law. Discussions with Oman…

The Times of India

Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says report

Air India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent times. Aggarwal, a key figure in its transformation, faces scrutiny over global experience, while Kannan brings proven leadership from Vistara. The decision, however, is complicated by internal power…

The Economic Times

Burnham brings in top economists before possible leadership run

Labour mayor giving advisory roles to ex-Bank of England economist and others seen as attempt to reassure markets

The Guardian - UK

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$6 billion double dhamaka coming: Jio and NSE likely to file for India's biggest IPOs this week

Reliance Jio and the National Stock Exchange are poised to file draft IPO papers this week, targeting a combined fundraising of approximately $6 billion. Jio's expected $4 billion offering could become India's largest listing, while NSE's filing aims to revive market sentiment after years of delays.

The Economic Times

Trump's interim Iran deal eases immediate crisis but leaves major hurdles ahead

A preliminary deal to end the Middle East war has been signed by the US and Iran. This agreement extends a ceasefire and reopens the Strait of Hormuz. Shippers, however, express caution, expecting weeks for confidence to return. Key issues like Iran's nuclear program remain for future talks.

The Economic Times

Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FT

Shipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement is deemed substantial. Shipowners need assurance that the deal translates into tangible safety improvements in the Strait. This will allow shipping lines to proceed with confidence through the vital…

The Economic Times

BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and why

BBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider plan to reduce spending by £500 million over the next two years. The broadcaster's news division is expected to be among the hardest hit, with…

The Economic Times

Does your baby have a pension yet? If not, why not?

Parents are being encouraged to give kids their own ‘self-invested personal pension’. But where’s the money coming from? Fifteen million of us aren’t saving enough for our own retirement, says Emma Beddington

The Guardian - UK

CLSA set to vanish as brand after 40 years in Asian brokerage: Report

Hong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and strong presence across Asian financial markets. The move reflects Citic's effort to integrate CLSA more closely into its institutional framework.

The Economic Times

Left, right and centre – I see all strands of the Labour tribe pulling together in Makerfield. This is bigger than Burnham

Everyone here knows this is a sliding doors moment. A win could be a new beginning for the party, a loss an unimaginable calamity, says Guardian columnist Polly Toynbee

The Guardian - UK

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International Business Times UK

'Trump Himself Is the Embarrassing Moment': Internet Explodes as POTUS Loses Control of Middle East Conflict

Donald Trump faces criticism after claiming he 'calls the shots' in the Middle East, as Israeli forces reportedly defy his plea not to hit back at Iran and online commentators accuse him of being 'humiliated on the world stage'.

The Economic Times

Meta weighs big equity raising to finance AI infrastructure: FT

The report comes after Alphabet ‌moved to ⁠raise $84.75 billion ⁠in upsized equity offerings, as Big Tech competes to build data centers and capitalize on growing demand for AI.

The Guardian - UK

Labour MP sues Elon Musk’s xAI company over fake sexualised images

Jess Asato was portrayed wearing a bikini in Grok-generated images after she criticised creation of such non-consensual pictures

The Economic Times

US in talks to expand nuclear weapons deployments in Europe

America is considering placing nuclear weapons in more European NATO countries. This move would involve additional nations hosting dual-capable aircraft. Countries on NATO's eastern flank, like Poland and Baltic states, have shown interest. Discussions are ongoing within NATO channels. The White House and Pentagon have not yet commented on the…

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Bangkok Post

US in talks to expand nuclear weapons deployments in Europe, FT says

BENGALURU — The United States is discussing whether to deploy nuclear ‌weapons in additional North Atlantic Treaty Organisation (Nato) states in Europe, the Financial Times ( FT ) reported on Tuesday.

PC Gamer

Amazon bins an internal AI leaderboard for its Kiro employees, because they were burning through too many costly tokens

Sorry, my bad. It's been 'deprecated'.

The Times of India

Eliminating language, culture & faith: Xi's repression of Uyghurs enters new phase

China's Xinjiang crackdown shifts focus from camps to identity, language, and religion. Despite claims of re-education graduates, a vast network of prisons, surveillance, and boarding schools persists. Uyghur culture faces suppression through education and labor programs, sparking renewed international concern over alleged crimes against humanity.

TechRadar

EU to back European alternatives to US dominated software and services in major push for ‘tech sovereignty’

European Commission reportedly preparing to back EU software vendors even more by stamping out fakes.

France 24

Trump Board of Peace's official Gaza fund is empty despite billions pledged, source says

Four months after its creation, the Gaza reconstruction fund of US President Donald Trump's so-called Board of Peace has yet to receive any of the billions of dollars pledged by donor countries. Israel has continued to carry out strikes across the devastated Palestinian territory despite a US-backed ceasefire, killing at…

Euronews

Trump Board of Peace's official Gaza reconstruction fund is empty, source says

The board is unambiguously led not just by the United States but by Trump personally, who holds the final say and can remain in charge past his presidency.

The Times of India

Trump’s Board of Peace fund empty, donations routed to JPMorgan account lacking 'transparency requirements'

Donald Trump's Board of Peace, established to aid Gaza's reconstruction, has received zero dollars in its official fund despite billions pledged by member nations. Donations are reportedly being directed to a JPMorgan account lacking independent transparency requirements, impacting plans for a US-backed Palestinian administration.

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