White House AI and Crypto Czar David Zaks has rejected the narrative that artificial intelligence is a threat to the American workforce, citing new data from Vanguard that suggests the technology is currently a major driver of hiring and wage increases.
The US Department of State approved an $11.15 billion arms sale to Taiwan, the largest of its kind, as the island nation grapples with growing threats from China.
President Donald Trump delivered remarks to the nation highlighting the government’s actions over the past year and setting out priorities for 2026.
An administrative judge in California ruled this Tesla Inc (NASDAQ: TSLA) marketing around its Autopilot and full self-driving systems has been misleading and has since proposed punitive measures against the company and its operations in the state.
Secretary of Transport Sean Duffy has revealed Donald Trump government strategy to boost air taxi operations in the US
Trump The government warned it could impose fees or restrictions on European service providers if the EU continues what Washington calls “discriminatory” actions against US companies.
The Trump government launched Tech Force, a major workforce initiative designed to recruit leading private sector technologists for short-term government services.
The United States has reportedly suspended a technology deal with the United Kingdom, citing dissatisfaction with the progress of trade negotiations.
Coinbase Global Inc. (NASDAQ: MINT) has filed lawsuits against Michigan, Illinois and Connecticut, challenging state authority over the regulation of prediction markets.
Economist Peter Schiff has pushed back against Senator. Bernie Sanders (I-VT) calls for a moratorium on new AI data centers, calling it an attack on productivity, progress and growth.
Tech entrepreneur Bryan Johnson says rapid advances in artificial intelligence and biotechnology could make human immortality achievable within fourteen years, even as he warns that the science still poses serious and unresolved risks.
Income
Accenture (NYSE: ACN) reported quarterly earnings of $3.94 per share, ahead of the analyst consensus estimate of $3.75, and revenue of $18.7 trillion, slightly ahead of the analyst consensus estimate of $18.523 billion.
Micron Technology, Inc. (nasda:mu) reported first-quarter revenue of $13.64 billion, beating expectations, with adjusted earnings of $4.78 per share.
Gaming, entertainment and retail
Trump Media & Technology Group Corp. (NASDAQ:DJT) said it will merge with TAE Technologies in an all-stock deal worth more than $6 billion to realize its fusion energy ambitions.
Sony Group Corp (NYSE:SONY) Shares were lower on Friday after the company announced plans to increase its ownership of the iconic Peanuts franchise.
Alibaba Group Holding Ltd (NYSE:BABA) integrates its mapping and navigation platform, Amapin its Qwen AI app to improve real-world ‘life services’ just weeks after the app’s launch.
TikTok has reportedly signed an agreement to form a new US-based joint venture with major American investors.
The Federal Trade Commission (FTC) has demanded a civil investigation Instacart Inc. (NYSE: SHOPPING CART)requesting information about the Eversight pricing tool.
Software, smartphones and semiconductors
In response to Japan’s Mobile Software Competition Act (MSCA), Apple Inc. (NASDAQ:AAPL) and Google parent Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) have announced important changes.
Apple said eight iPhones are reportedly in the works for 2026 and 2027, providing optimism for the stock next year.
A new leak suggests from Apple Inc There are rumors that the foldable iPhone will prioritize thinness and durability over well-known features such as Face ID as it prepares to enter the foldable smartphone market.
Googling is stepping up efforts to reshape the competitive dynamics of the AI chip market as demand for large-scale AI computing continues to rise.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is moving forward with significant capacity investments as global demand for advanced chips, especially from U.S. customers, continues to rise.
Metaplatforms Inc. (NASDAQ:META) is reportedly working on a new AI model, which will focus on image and video processing, led by the company’s Chief AI Officer, Alexander Wang.
Metaplatforms Inc. (NASDAQ:META) is accelerating its push into AI-powered wearables, modernizing its smart glasses and adapting its broader hardware strategy to focus on smarter, more premium devices.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) And Microsoft Corp. (NASDAQ: MSFT) has announced a multi-year alliance to help global companies scale artificial intelligence into core businesses.
ServiceNow (NYSE:NOW) is reportedly in advanced talks to acquire a cybersecurity company Poorwhich could value the startup at up to $7 billion.
Cars
General Motors Co. (NYSE:GM is reportedly looking at its current Chief Product Officer, Sterling Andersonwho used to be one too Tesla Autopilot director and co-founder of Aurora Innovation Inc. (NASDAQ:AUR)as the company’s next CEO.
Rivian Automotive, Inc (NASDAQ:RIVN) expands hands-free assisted driving and introduces new software updates that give drivers more control and customization in Gen 1 and Gen 2 vehicles.
Joby Aviation, Inc. (NYSE: JOBY) is stepping up efforts to integrate electric air taxis into everyday travel, aligning new infrastructure plans with a faster production timeline as regulators open the skies to eVTOL aircraft.
Joby unveiled plans to double production capacity in the United States, in a move that will support production of four aircraft per month over the next two years.
Artificial Intelligence (AI)
Sam Altmanthe CEO of OpenAIexpressed concerns about Google’s dominance in the field of artificial intelligence (AI). He believes that Google’s enormous power and business model could pose a significant threat in the AI field.
OpenAI will bring the former British Chancellor George Osborne to a leading global role as changing US-UK technology relationships and intensifying competition over AI infrastructure reshape the international landscape.
OpenAI is reportedly in talks with Amazon.com Inc. (NASDAQ:AMZN) about a potential investment that could exceed $10 billion and a deal to use the artificial intelligence chips.
Amazon is expected to lay off 370 employees or approximately 8.5% of the Luxembourg workforce.
ChatGPT reached the milestone of $3 billion in global consumer spending on its mobile app this week.
DoorDash Inc. (NASDAQ: DASH) The stock gained on Thursday after it announced Wednesday it was entering into a partnership OpenAI to integrate messages directly into ChatGPT.
OpenAI has held preliminary discussions with investors about raising as much as $100 billion at a valuation of about $750 billion.
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