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The Latest Breaking News from International Business Times

OpenAI Buys Secure Cloud Startup Ona To Assist Its AI Coding Assistant, Codex

OpenAI formally announced on June 11 that it has agreed to acquire Ona, a cloud execution and orchestration startup.

International Business Times

BlackRock Built a Bitcoin ETF That Cuts You a Monthly Check

The structure is a covered call wrapped around BTC. BITA holds spot Bitcoin, shares of BlackRock's $47 billion IBIT, and cash, and each month it sells call options against those IBIT shares to collect premiums.

International Business Times

New Poll Identifies Nine Distinct Voter Groups Within the American Red vs. Blue Divide

A new report has divided American adults into nine distinct political groups based on values, attitudes, and priorities, showing that partisan labels alone fail to capture the nuances of public opinion.

International Business Times

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Trump Says He's Calling Off Renewed Strikes Against Iran As Negotiations Make Progress

President Donald Trump said on Thursday he's calling off renewed attacks against Iran as a result of progress in negotiations to end the war.

International Business Times

Is Cardano Dying? ADA Price Crashes to New Low and Founder Abandons Project

Cardano crashed to $0.16, its lowest since 2020, down 42% in a month. A partition bug, collapsing TVL, and whales quietly buying the blood. Is ADA done?

International Business Times

Oracle Shares Drop Sharply as Investors React to Large Capital Raise and AI Spending Plans

Oracle's shares plunged about 11% on Thursday trading after the company disclosed plans for a significantly increased capital raise to finance its growing artificial intelligence and data center expansion.

International Business Times

U.S. Becomes India's Top LNG, LPG Supplier As Gulf Shipments Fall Amid Iran War

The United States supplied more LNG and LPG to India than Gulf exporters in May as shipping disruptions resulting from wars continue disrupting energy trade flows.

International Business Times

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Trump Says He 'Loves the Inflation' After Consumer Prices Climb To Three-Year High

President Donald Trump drew swift political backlash after declaring that he "loves the inflation" following the release of new government data showing consumer prices rose at their fastest annual pace in more than three years.

International Business Times

Multiple Pentagon Floors Locked Down Over Incident Involving 'Hazardous Materials'

Multiple Pentagon floors have been locked down over an incident involving "hazardous materials," according to different reports.

International Business Times

SpaceX Has Already Drawn Over $70 Billion In Orders From Retail Investors: Report

Elon Musk's SpaceX has already drawn over $70 billion in orders from retail investors ahead of its IPO on Friday, according to a new report.

International Business Times

Oil Prices Muted Despite Trump's Threat Of Renewed Strikes And Seizure Of Iranian Oil Infrastructure

Oil is largely muted on Thursday despite President Donald Trump's threats to conduct new strikes against Iran and the seizure of key infrastructure.

International Business Times

ECB Hikes Interest Rates For The First Time Since 2023 Citing Iran War Pressures

The European Central Bank hiked interest rates for the first time since 2023, citing the pressures from the war in Iran.

International Business Times

OpenAI Reportedly Considering Slashing Prices To Compete With Anthropic

OpenAI is considering slashing prices to lure consumers using Anthropic, according to a new report.

International Business Times

Iran Says It Will Target Elon Musk's Companies In The Middle East As Tensions Continue To Escalate

Iran threatened to strike Elon Musk's companies, including SpaceX's Starlink service.

International Business Times

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International Business Times

Wholesale Prices Rise More Than Expected In May, Highlighting Inflationary Pressures

Wholesale prices rose more than expected in May, highlighting inflationary pressures in the U.S.

International Business Times

Trump Anticipates New Strikes Against Iran, Says U.S. Will Take Over Critical Oil Infrastructure

President Donald Trump anticipated new strikes against Iran and said the U.S. will be "taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets."

International Business Times

FBI Seizes Websites Allegedly Used By Chinese Agents To Recruit U.S. Agents With Security Clearance

The FBI seized over a dozen websites it alleged were used by Chinese agents to recruit current and former U.S. officials with security clearances.

International Business Times

World Cup Travel Costs Soar As Fans Spend Thousands On Flights, Hotels And Match-Day Travel

The expanded 2026 FIFA World Cup across the United States, Canada and Mexico is creating complex and costly travel plans for many supporters.

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International Business Times

Anthropic CEO Warns that AI May Be Getting Too Advanced for Society's Current Guardrails

Dario Amodei, co‑founder and CEO of Anthropic, published an essay arguing that existing AI regulations are too slow to allow its safe deployment.

International Business Times

Iran, U.S. Inching Closer To Deal Despite Increased Attacks, Report Claims

Efforts to reach an interim deal to end the war in Iran have intensified amid increased attacks, with both sides discussing the release of frozen Iranian funds, according to a new report.

International Business Times

Gold's Slide May Not Be Over as Traders Bet on Two More Years of Weakness

The stunning reversal of gold from record highs is accelerating, and options traders are increasingly wagering that the selloff may continue for years rather than months.

International Business Times

The Rise of Digital Discounts: How Price-Conscious Consumers Are Reshaping Online Retail

Consumers are now much more aware of how they spend their money and how they will spend it. They also consciously determine where to distribute their spending around their locality based on various variables (e.g., available inventory, etc).

International Business Times

Pope Leo XIV Reiterates AI Warning In Spain Visit

Pope Leo XIV again warned about the dangers of artificial intelligence, saying during a visit to Spain that it cannot replace human beings.

International Business Times

Gemini Prompt Injection Shows AI Adoption is Increasing Risk for Companies

AI chatbots and assistants are extremely vulnerable to exploitation, particularly prompt injection, according to new research.

International Business Times

White House Looking To Cut Deal To Preempt State AI Laws: Report

The White House is looking to take federal action and preempt state laws that seek to regulate the development and use of AI.

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