South Korea’s top court clears Samsung’s Jay Y. Lee of fraud and stock manipulation
Supreme Court ruling removes long-standing legal hurdle as Lee regains focus on steering Samsung through global AI chip race and semiconductor challenges
U.S. House advances crypto bills after Trump meets with Republicans
The House is also set to consider a second bill that outlines market structure rules for crypto products
Austrian privacy group files privacy complaints against AliExpress, TikTok, WeChat
Noyb files complaints against Chinese tech firms for not providing full user data access as required under European Union law
Australia’s unemployment rate climbs to 4.3% in June, highest since November 2021
Full-time jobs fall by 38,200 in June, and hours worked drop by 0.9%
OpenAI adds Google Cloud to its list of infrastructure partners
The agreement with Google marks another step in OpenAI’s efforts to diversify its sources of cloud infrastructure
Japan’s exports fall for second straight month in June
Exports fall 0.5% year on year in June, while shipments to the U.S. drop 11.4%, marking the biggest monthly decline since February 2021
Trump says no broader trade deal is expected with Japan
Trump says U.S. would “live by the letter” on this move and made no indication of further negotiations for a larger agreement
Judge rules Amazon can show ads on Prime Video with fee
A proposed class action claims Amazon broke its promise of an ad-free Prime Video by adding a $2.99 fee to remove ads, despite a $139 annual subscription
U.S. telecom regulator plans to block undersea cables with Chinese technology
The agency says the move is part of broader efforts to protect U.S. communications infrastructure from foreign control and security risks
Microsoft trains AI on past data to aid nuclear licensing process
The project uses AI to generate engineering and safety reports needed for construction permits and operating licenses
Tesla prepares to launch six-seater Model Y L in Chinese market
Tesla shares a teaser on its China Weibo account showing a side profile of the new model, along with the caption, 'Model Y L, see you in the fall'
Coca-Cola confirms new products with real cane sugar coming soon in U.S.
Coca-Cola currently uses high-fructose corn syrup in most of its U.S. products, while cane sugar is used in some international markets
Trump-linked crypto token $WLFI to become tradeable after vote
Digital tokens from World Liberty Financial, a crypto project linked to Donald Trump’s family, will become tradeable after holders voted to approve...
M&M maker Mars faces Texas probe over synthetic food dyes
Texas Attorney General says Mars fails to meet its 2016 pledge to remove all artificial colours, doing so in Europe but not in the U.S.
U.S. industrial output rises 0.3% in June after two flat months
The rise is supported by a jump in utilities output and steady gains in manufacturing outside the motor vehicle sector