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SpaceX rallies after record debut as demand remains strong

Wed, 17 Jun 2026 03:36:06 GMT

NEW YORK CITY, New York: SpaceX shares climbed more than 6% on June 15, extending gains from last week's record-breaking market debut as investors continued to pile into the stock despite concerns about its lofty valuation and lack of profitability.

The rally followed a 19% surge in the company's Nasdaq debut on Friday, a performance that lifted SpaceX's valuation above $2 trillion and made it one of the most va

Fox strikes $22 billion Roku deal to expand digital reach

Tue, 16 Jun 2026 19:16:31 GMT

NEW YORK CITY, New York: Fox Corp is making its biggest move yet into streaming, agreeing to acquire Roku in a cash-and-stock deal valued at about $22 billion as it seeks to strengthen its digital advertising business and expand the reach of its sports and news content.

The deal, announced June 15, would give Fox access to more than 100 million households that use Roku's streaming platform, helping the media com

Amazon voiced security worries over Anthropic AI models

Mon, 15 Jun 2026 19:01:43 GMT

SEATTLE, Washington: Amazon CEO Andy Jassy raised concerns with senior Trump administration officials about security risks linked to Anthropic's most advanced artificial intelligence models before the U.S. government imposed new restrictions on the technology, according to a person familiar with the matter.

The disclosure comes as the Trump administration moves to limit access to Anthropic's latest AI systems, c

SpaceX IPO sparks frenzy among individual investors

Mon, 15 Jun 2026 08:22:10 GMT

NEW YORK CITY, New York: Retail investors flocked to SpaceX shares on the company's first day of trading, helping fuel a strong market debut as demand for the record-breaking IPO spilled into both allocated shares and open-market purchases.

SpaceX and its underwriters reserved as much as 30% of the shares sold in the initial public offering for individual investors, an unusually large allocation that highlighted

Anthropic explores data center leases, report says

Sat, 13 Jun 2026 17:50:39 GMT

SAN FRANCISCO, California: Artificial intelligence startup Anthropic is pursuing plans to lease and operate its own data centers and has discussed obtaining financial support from Google to help secure those agreements, according to a report by The Information.

The publication reported on June 11 that Anthropic, the developer of the Claude Code AI assistant, has signed more than a dozen preliminary agreements to

Samsung turns to AI and cost cuts to revive consumer business

Thu, 18 Jun 2026 13:33:10 GMT

Seoul [South Korea], June 18 (ANI): Samsung Electronics is leaning on artificial intelligence and aggressive cost-cutting measures to revive its consumer products business, retreating from low-margin markets while expanding AI across its products and manufacturing processes.

The tech giant used its twice-yearly strategy meetings this week to map out a turnaround for its consumer products business, betting on art

SK hynix fuels AI race with HBM4E sample delivery

Thu, 18 Jun 2026 12:59:23 GMT

Seol [South Korea], June 18 (ANI): South Korean semiconductor company SK hynix is fueling the artificial intelligence (AI) race as its has officially shiped its samples of 12-layer HBM4E to major customers, as reported by Korea Herald on Thursday.

This comes approximately three weeks after Samsung Electronics claimed the industry's first such shipment. Now the comapany has pushed itself into the customer-qualifi

AI market likely to split between premium frontier models and lower-cost alternatives: Bernstein

Thu, 18 Jun 2026 12:58:26 GMT

New Delhi [India], June 18 (ANI): The global artificial intelligence (AI) market is likely to evolve into a two-tier structure, with premium frontier AI models serving highly specialised use cases while lower-cost models dominate mainstream applications, according to a report by Bernstein.

The brokerage said recent developments in the AI industry, including concerns over the rising cost of advanced AI models, ind

'Money Heist Karnataka:' Karnataka Opposition Leader R. Ashok targets Congress govt over alleged irregularities in Gruha Lakshmi scheme

Thu, 18 Jun 2026 03:59:54 GMT

Bengaluru (Karnataka) [India], June 18 (ANI): Leader of Opposition in the Karnataka Assembly, R. Ashok, has launched a scathing attack on the state's Congress government over alleged financial irregularities in the Gruha Lakshmi scheme, terming the issue 'Money Heist Karnataka' and describing the alleged lapses as 'organised loot' and 'legalised plunder.'

In a statement, Ashok alleged that public funds under the

G7 leaders call for resilient global growth, stress free transit through Strait of Hormuz

Wed, 17 Jun 2026 20:57:44 GMT

Evian [France], June 18 (ANI): G7 leaders on Wednesday (local time) called for more balanced, durable and resilient global growth, stressing the need for the swift restoration of free and safe transit through the Strait of Hormuz and a lasting resolution to ongoing conflicts that have heightened uncertainty across the global economy.

In a joint statement issued on the final day of the G7 Summit in Evian, the lead

SpaceX IPO success shines spotlight on convergence of satellites, connectivity and AI: Nomura

Wed, 17 Jun 2026 11:01:39 GMT

New Delhi [India], June 17 (ANI): In an anchor report titled 'Fusion of satellites, connectivity, and AI', Nomura said SpaceX has emerged as the dominant force in the global satellite ecosystem and is building an integrated platform that links space infrastructure, broadband connectivity and AI computing.

According to the report, 'SpaceX occupies a unique position in the global space industry in building integrat

RT editor-in-chief is counting on China to tame AI

Wed, 17 Jun 2026 10:24:16 GMT

Margarita Simonyan sat down for a lengthy interview with Professor Zhang Weiwei, who hosts China Now on Shanghais Dragon TV

China has an important role to play in ensuring that artificial intelligence serves humanity rather than replacing it, RT Editor-in-Chief Margarita Simonyan has said.

She made the remarks during a lengthy interview with Zhang Weiwei, a professor of international relati

RT editor-in-chief is counting on China to tame AI

Wed, 17 Jun 2026 10:24:16 GMT

Margarita Simonyan sat down for a lengthy interview with Professor Zhang Weiwei, who hosts China Now on Shanghais Dragon TV

China has an important role to play in ensuring that artificial intelligence serves humanity rather than replacing it, RT Editor-in-Chief Margarita Simonyan has said.

She made the remarks during a lengthy interview with Zhang Weiwei, a professor of international relati

UBF organises 5th edition of National Cyber Wargaming 2026

Wed, 17 Jun 2026 08:42:41 GMT

ABU DHABI, 17th June, 2026 (WAM) -- The UAE Banks Federation (UBF), under the supervision of the Central Bank of the UAE (CBUAE) and the UAE Cybersecurity Council, organised the fifth edition of the National Cyber Wargaming 2026 to develop the banking sector, protect its digital infrastructure, and provide a seamless and secure banking experience for all customers.

Cyber Wargaming 2026 attracted more than 350 par

Musks Grok AI helped fire 2,000 missiles at Iran Pentagon

Tue, 16 Jun 2026 23:21:49 GMT

The US Department of War casts xAIs data centers as battlefield infrastructure of paramount national security

Elon Musk's Grok AI has become an integral part of America's war machine, and its data centers must be treated like munitions production plants in future conflicts, according to a sworn declaration by the Pentagon's artificial intelligence chief.

The statement about Grok was submitt

SpaceX IPO can encourage Indian space firms: IN-SPACe chief Pawan Goenka

Tue, 16 Jun 2026 19:01:25 GMT

New Delhi [India], June 16 (ANI): IN-SPACe Chairman Pawan Goenka on Monday said private space companies in India are making strong progress and noted that the success of SpaceX's IPO would encourage greater participation in India's private space sector.

Speaking to ANI on the sidelines of the India Space Congress, Goenka said Indian private space firms are contributing technology and resources to the country's gr

IITM Pravartak Announces Batch 03 of Applied Artificial Intelligence and Deep Learning Programme to Build Enterprise-Ready AI Talent

Tue, 16 Jun 2026 16:01:27 GMT

PNN

Chennai (Tamil Nadu) [India], June 16: As enterprises move from exploratory AI use cases to scalable, production-ready implementations, IITM Pravartak, Technology Innovation Hub of IIT Madras, in collaboration with TimesPro, has announced Batch 03 of its Advanced Certificate in Applied

VGU Jaipur to Launch Rajasthan's First Generative AI Campus in Partnership with Google Cloud

Tue, 16 Jun 2026 16:00:24 GMT

VMPL

Jaipur (Rajasthan) [India], June 16: In a first for the state's higher education sector, Vivekananda Global University (VGU), Jaipur, has partnered with Google Cloud to launch Rajasthan's first Generative AI Campus, a large-scale initiative aimed at embedding artificial intelligence and cloud technologies across academics, research, and campus operations.

The initiativ

Musk to sue German state broadcaster for lies

Tue, 16 Jun 2026 15:59:38 GMT

In a ZDF newscast last week, the presenter falsely claimed that the US tech mogul had called for a hunt for migrants in Northern Ireland

US-based tech mogul Elon Musk has said he is taking legal action against German state broadcaster ZDF over claims that he incited anti-migrant violence in Northern Ireland.

Anti-immigration unrest erupted in Belfast last week after a Sudanese asylum seeker

SpaceX to acquire AI coding startup Cursor in $60 billion deal, expects Q3 2026 close

Tue, 16 Jun 2026 14:04:29 GMT

New Delhi, [India] June 16 (ANI): Space Exploration Technologies Corp. has entered a deal to acquire Anysphere, Inc., the maker of AI coding startup Cursor. According to an SEC Form 8-K filed by SpaceX, the company signed an Agreement and Plan of Merger on June 16, 2026 with Cursor and X67 Inc., a wholly owned SpaceX subsidiary. Cursor will survive as a wholly owned SpaceX subsidiary.

The transaction values Curso

India's structural growth story remains strong despite global uncertainties: Ventura

Tue, 16 Jun 2026 12:30:25 GMT

Mumbai (Maharashtra) [India], June 16 (ANI): India's long-term growth outlook remains robust despite global geopolitical uncertainties and intermittent market volatility, supported by resilient domestic demand, infrastructure investments and improving corporate fundamentals, according to financial services firm Ventura.

During a webinar on Current Market Opportunities: Sectors, Stocks, FII Flows, Macro & Geop

Assessing the Economic Footprint of New Casino Sites in Canada

Tue, 16 Jun 2026 11:17:23 GMT

Canada's online casino sector has moved from a narrow policy issue to a business and fiscal topic. Its economic impact is no longer theoretical.

Regulated iGaming has grown under provincial oversight. Ontario's open model draws the most attention, while Crown-led systems remain central elsewhere. These rules shape licensing, player checks, advertising limits, and public reporting.

They also create tax incom

Baltic state to restrict Russian emails

Tue, 16 Jun 2026 09:16:43 GMT

Messages from .ru addresses will face increased response times, Estonias digital minister has said

Estonia will restrict emails sent to government institutions from addresses using Russia's .ru domain, Justice and Digital Affairs Minister Liisa Pakosta has announced, claiming that the measure is necessary due to an "elevated cyber risk."

Since restoring independence in 1991, Tallinn has int

Compunnel Launches AI Startup Incubator at Noida and New Jersey Facility, Invites Applications for Compunnel Ventures AI

Tue, 16 Jun 2026 07:00:52 GMT

PRNewswire

Noida (Uttar Pradesh) [India], June 16: Compunnel today announced the launch of an AI startup incubator at its Noida and New Jersey facilities, inviting applications from AI-native companies working on enterprise solutions. The initiative, operating under Compunnel Ventures AI (CVai), allocates dedicated space and comprehensive support for selected startups, furthering Compunnel's strategy of building

Crafting Bharat - Season 3 launches its sixth episode featuring Jaydeep Ruparelia of Infopercept

Tue, 16 Jun 2026 06:32:26 GMT

VMPL

New Delhi [India], June 16: The cybersecurity landscape is undergoing a rapid transformation as enterprises grapple with increasingly sophisticated and scalable threats. With cloud adoption accelerating and digital infrastructures becoming more complex, organizations are shifting from fragmented security tools to integrated, outcome-driven platforms that prioritize consolidation, automation and proactive thr

Globals Appoints Industry Veteran Vinaydath Shivaprasad as Chief Operating Officer

Tue, 16 Jun 2026 06:04:02 GMT

BusinessWire India

Bengaluru (Karnataka) [India], June 16: Globals, a Bengaluru-based defence technology and cybersecurity company, today announced the appointment of Vinaydath Shivaprasad as its Chief Operating Officer (COO). The appointment marks a significant milestone as Globals accelerates its pursuit of multi-million-dollar defence contracts, expands into defence exports, and deepens its indigenous R&D

Indian markets continue to trade in green following strong global cues; Brent Crude at USD 82/bbl

Tue, 16 Jun 2026 04:32:46 GMT

New Delhi [India], June 16 (ANI): Indian equity markets opened in the green on Tuesday, tracking strong performance across global peers and selective overnight gains in US markets.

The BSE SENSEX stood at 76,526.77 points, up by 262.44 points or 0.34 per cent, while the NSE NIFTY 50 gained 70.00 points or 0.29 per cent to trade at 23,923.90 points in early trade.

The initial surge reflects an accumulation

Emmanuel and Brigitte Macron welcome world leaders as G7 Summit kicks off in France

Tue, 16 Jun 2026 00:58:05 GMT

Evian-les-Bains [France], June 16 (ANI): French President Emmanuel Macron and First Lady Brigitte Macron kick-started the 52nd G7 Summit on Tuesday as they welcomed the leaders of the Group of Seven (G7) nations in the French spa town of Evian-les-Bains, with global security, economic stability and the newly announced US-Iran peace deal expected to dominate discussions.

Macron greeted the arriving leaders indivi

India, Slovakia deepen defence, cybersecurity ties

Mon, 15 Jun 2026 22:57:55 GMT

Bratislava [Slovakia], June 16 (ANI): Prime Minister Narendra Modi and Slovak PM Robert Fico agreed to strengthen cooperation in defence, cybersecurity, critical infrastructure protection and connectivity, identifying these areas as key pillars of the growing bilateral partnership, according to the Joint Statement issued on Monday.

The two leaders underscored the importance of strengthening defence and security

Sarvam raises $234 million Series B at $1.5 billion valuation to build India's sovereign AI stack

Mon, 15 Jun 2026 17:33:35 GMT

New Delhi [India], June 15 (ANI): Sarvam, India's full-stack sovereign AI company, has raised $234 million in the first close of its $300 million Series B at a post-money valuation of $1.5 billion, marking one of the largest funding rounds for an Indian AI startup.

According to the company's press release, HCLTech and Bessemer Venture Partners invested in the round, with continued support from existing investors

Highbar Technocrat Accelerates Growth with New Project Wins, Successful Go-Lives, and Flagship SAP Connect Day Events Across India

Mon, 15 Jun 2026 17:33:29 GMT

India PR Distribution

Mumbai (Maharashtra) [India], June 15: Highbar Technocrat Limited, one of the leading technology solutions providers for the Engineering, Construction & Operations (EC&O), EPC, Infrastructure, and Real Estate industries, has marked a significant phase of momentum with a wave of new project kick-offs, successful client go-lives, and the execution of its flagship SAP Connect Day events

SpaceX shares jump 6% on second day of trading

Mon, 15 Jun 2026 17:31:22 GMT

New York [US], June 15, (ANI): SpaceX continued to climb on the second day as the reusable rocket company's shares jumped 6 per cent to USD170 against the Friday's closing price of USD161.

SpaceX shares ended their debut trading session at USD161 with gains of 19 per cent over the issue price of USD135. The rise in SpaceX shares led to its valuation topping USD2 trillion.

The spike in SpaceX shares came am

MP to set up Cybersecurity Research Centre in Mhow, says CM Mohan Yadav

Mon, 15 Jun 2026 13:33:08 GMT

Bhopal (Madhya Pradesh) [India], June 15 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Monday inaugurated a state-level consultative workshop on 'Strengthening Cyber Security Frameworks for State Data,' in Bhopal and announced the establishment of a Cybersecurity Research Centre in Mhow.

CM Yadav stressed the growing importance of data protection and cybersecurity in today's era, emphasising safeguarding d

Elon Musk forecasts a trillion-dollar revenue for SpaceX by 2030

Mon, 15 Jun 2026 13:33:00 GMT

Texas [US], June 15, (ANI): Elon Musk projects SpaceX revenue to top USD1 trillion by 2030. The Tesla and SpaceX owner made the claim on his X handle, a social media platform that he owns and is part of SpaceX.

'I would be surprised if revenue is not greater than $1 trillion in 2031,' Musk said in his post on Monday. A few minutes earlier he had posted, 'I think SpaceX might be able to reach approximately $1 tril

Oppenheimer issues bullish outlook on SpaceX with USD190 price target

Mon, 15 Jun 2026 11:32:03 GMT

New York [US], June 15, (ANI): Oppenheimer became the first global brokerage to initiate coverage on SpaceX with a bullish outlook for Elon Musk's rocket, internet and AI company, Reuters reported.

The brokerage, in its outlook issued on Thursday ahead of the blockbuster listing, gave a price target of USD190 and an 'outperform' rating to the stock.

'We see it as the only vertically integrated AI company w

IEM-UEM Group Successfully Concludes International Study Abroad Program, Internship and SENSE-SG 2026 Conference in Singapore

Mon, 15 Jun 2026 10:33:57 GMT

PNN

Singapore, June 15: The Institute of Engineering & Management (IEM), Kolkata, and the University of Engineering & Management (UEM), in association with SMART Society USA, successfully concluded the 2026 edition of their flagship Study Abroad Program (SAP), International Internship Initiative, and the Smart Edge & Neuromorphic Systems Conference (SENSE-SG 2026) in Singapore. Held at the prestigious

Bengaluru Hosts Global Legal Leaders at 13th LexTalk World Conference & Exhibition APAC

Mon, 15 Jun 2026 09:31:22 GMT

VMPL

Bengaluru (Karnataka) [India], June 15: As technology reshapes the legal profession at speed, the 13th LexTalk World Conference & Exhibition APAC brought together over 300 senior legal leaders, policymakers, jurists, and tech innovators at the Radisson Blu Atria, Bengaluru, on the 11th of June 2026. Conceptualised and executed by MantraNex Vista Pvt Ltd, the day-long conference centred on the theme 'AI &

SpaceX launches new batch of satellites

Sun, 14 Jun 2026 07:55:16 GMT

WASHINGTON, 14th June, 2026 (WAM) -- SpaceX launched 29 new satellites for its Starlink constellation into low Earth orbit as part of its global network expansion.

In a statement, the company announced that a Falcon 9 rocket launched from the Cape Canaveral Space Force Station in Florida, carrying satellites for the "Group 10-54" mission.

SpaceX successfully deployed the satellites into orbit as planned, wh

Science Fiction and the Sociotechnical Imaginaries of Future War

Mon, 15 Jun 2026 15:03:30 GMT

Tom F.A. Watts and Duncan Depledge

Download PDF

Jun 15 2026

fotokostic/Depositphotos

Imagining futures of war and peace has always been a core concern for the discipline of International Relations (IR). Over the last decade several IR scholars have been inspired by conceptual insights from the field of Science and Technology Studies (STS) to examine how these visions are being shaped by the acceleratin

Anthropic is sanctioned by the US Government

Sun, 14 Jun 2026 17:03:44 GMT

The American artificial intelligence company Anthropic was forced on Friday by its own government to cut off access to its most powerful models, just three days after their launch. Washington cited a national security risk in an unprecedented move.

Anthropic announced the suspension of its two new models, the highly restricted Mythos 5 and its limited version for the general public, Fable 5, in order to comply wi

U.S. stocks sink after hawkish signals from Fed

Wed, 17 Jun 2026 23:15:13 GMT

NEW YORK, June 17 (Xinhua) -- U.S. stocks ended substantially lower on Wednesday after the Federal Reserve concluded its two-day policy meeting with a more hawkish outlook.

The Dow Jones Industrial Average fell 507.12 points, or 0.98 percent, to 51,492.55. The S&P 500 sank 91.25 points, or 1.21 percent, to 7,420.1. The Nasdaq Composite Index shed 354.69 points, or 1.34 percent, to 26,021.66.

All 11 pr

Pakistan earns over 4 bln USD from IT exports in 11 months

Wed, 17 Jun 2026 15:45:13 GMT

ISLAMABAD, June 17 (Xinhua) -- Pakistan's information technology (IT) sector recorded a strong performance in the first 11 months of the current fiscal year, with exports reaching 4.2 billion U.S. dollars from July 2025 to May 2026, up 20 percent year on year, an official said on Wednesday.

Khurram Schehzad, adviser to Pakistan's finance minister, said in a statement that the country's tech exports totaled 373 m

U.S. stocks close mixed ahead of Fed policy meeting

Tue, 16 Jun 2026 22:15:25 GMT

NEW YORK, June 16 (Xinhua) -- U.S. stocks ended mixed on Tuesday, as tech stocks retreated and focus turned to the Federal Reserve's policy meeting on Wednesday.

The Dow Jones Industrial Average rose 0.64 percent to a record close of 51,999.67. The S&P 500 sank 0.57 percent to 7,511.35. The Nasdaq Composite Index shed 1.15 percent to 26,376.34.

Seven of the 11 primary S&P 500 sectors closed higher

SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

Tue, 16 Jun 2026 11:55:47 GMT

(AP) - SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk's space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its