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The Latest Breaking News from International Business Times

UN Report Paints Catastrophic Climate Change Picture, Says Critical Threshold Will be Passed

The document is urging the world to zero out carbon emissions to prevent cataclysmic warming of the planet.

International Business Times

Sennheiser MOMENTUM True Wireless 5 Hands-On Review: A New Chapter for Sennheiser's Flagship Earbuds

Sennheiser Momentum True Wireless 5 brings stronger bass, a slimmer charging case, replaceable batteries and improved Android connectivity.

International Business Times

OpenAI And Anthropic Move Towards Their IPOs As They Face a Balancing Act

OpenAI emphasized cybersecurity risks surrounding its newest model while Anthropic moved to make its latest technology more attractive to customers.

International Business Times

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Trump Crypto Ally David Bailey's Bitcoin Bet Lost 99% Of Its Stock Value. Now He's Rebuilding The Business.

The company posted a roughly $372 million first-half loss and carried out a 1-for-40 reverse stock split in May to maintain its Nasdaq listing.

International Business Times

Palo Alto CEO Warns AI Is Making Aging Defenses Obsolete, Putting $1 Trillion In Infrastructure At Risk

Palo Alto beat fiscal fourth-quarter estimates and provided a strong outlook for its new fiscal year.

International Business Times

SoftBank's SB Energy Files for IPO, But OpenAI Dependence Emerges as Major Risk

In an S-1 registration statement filed with the Securities and Exchange Commission, SB Energy said it is "substantially dependent" on OpenAI, which serves as both a major tenant and an equity investor in the company.

International Business Times

Yields Stopped Soaring On Wednesday. Stocks Broke a Losing Streak And Climbed.

Private payrolls rose less than expected and hostilities between the U.S. and Iran continued.

International Business Times

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Investors In The Stock Market Should Expect Lower Returns Over The Next Months, Top Bank Strategist Says

"We've already had a lot of good returns behind us. We would expect lower returns from here," said Goldman Sachs chief global equity strategist Peter Oppenheimer.

International Business Times

Palantir CEO Is Betting on The War Tech Of Ukraine's Ousted Defense Minister

Alex Karp will become the first lead investor of Mykhailo Fedorov's startup. The size of his investment has not been disclosed.

International Business Times

Beyond the QR Code: Why Cannabis Verification Is Emerging as an Industry Practice

Today's fake vape packaging is remarkably convincing: logos, colors, materials, even QR codes can closely mirror the real thing. Visual inspection alone often isn't enough.

International Business Times

Trump Wants The World To Follow America's AI Playbook. His Own Team Is Still Fighting Over It.

Commerce and the White House tech policy office are competing for influence as Washington urges G20 countries to take a lighter approach to AI regulation.

International Business Times

Two Democrats Joined Republicans In a Vote. Party Leaders Are Up In Arms.

Two Democrats came to House Speaker Mike Johnson's rescue with a procedural vote that allowed the House to keep functioning and angered fellow Democrats.

International Business Times

Berkshire's Alphabet Stake Surges to $36.6 Billion. CEO Greg Abel Sees Google as an AI Powerhouse.

Greg Abel said Berkshire initially took a $10 billion position in Google through a transaction completed at a 6.5% discount 15 months ago.

International Business Times

Uber To Cut Thousands Of Jobs To Make The Company 'Simpler And Faster.' Its Stock Rose

CEO Dara Khosrowshahi said the move also seeks to "create more capacity to invest in our future."

International Business Times

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International Business Times

Meta Agreed To Pay Up To $18 Billion To End A Major Legal Fight. Investors Are Already Looking Past It.

Meta is simultaneously preparing to spend as much as $145 billion on capital projects this year.

International Business Times

Diesel Prices Have Surged Back Toward April's High. That's Another Problem For America's Inflation Fight.

The national average reached $5.688 a gallon Tuesday. U.S. distillate inventories have fallen sharply during August.

International Business Times

Higher Bond Yields Haven't Broken The Stock Rally Yet. Wall Street Sees The 5% Benchmark As Big Test.

Strong corporate profits have helped stocks absorb pressure from inflation, government borrowing and higher rates.

International Business Times

Big Tech Says AI Can Help Younger Students Learn. New York City Schools Disagree And Are Taking Measures.

New York City public schools will ban the use of AI for all students below the high school level.

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International Business Times

Bond Yields Continue To Rise. New York Fed President Claims It's Because Of a Strong Economy.

John Williams said there are no clear signs that current monetary policy is enough to lower inflation.

International Business Times

Chevron To Invest Billions And Double Oil Production In Venezuela After U.S. Deal

The company will invest $7 billion in the country over the next five years.

International Business Times

Trump Wants For The U.S. To Take Over Greenland. Denmark Is Now Sending Conscripts There.

Copenhagen is set to spend billions to strengthen Arctic defenses.

International Business Times

The Illusion of the 'Omnipotent' Mind: An expert explained why AI breakthroughs are happening beyond fundamental models

Alphabet, Amazon, Meta, Microsoft, and Oracle could spend $1.1 trillion on AI by 2027, yet most companies struggle to generate returns. McKinsey found 65% are adopting generative AI, but few report tangible impact, underscoring the gap between AI's "omnipotent mind" image and its limits in specialized tasks.

International Business Times

Lutnick Confirms Trump Admin Is Working On Tariffs On Key Industry For The AI Boom

"We will be successful in semiconductors. They're going to be built in America," Lutnick said.

International Business Times

Zelenskyy Says Ukraine Will Expand Operations In Russia. He's Warning Airlines To Avoid Its Airspace.

"Russian airspace is becoming completely unsafe," Zelenskyy said.

International Business Times

Private Payrolls Rose Less Than Expected In August, Marking The Lowest Pace Since January

Payrolls increased by 38,000 last month. Analysts estimated the figure would clock in at 47,000.

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