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The Latest Breaking News from International Business Times

Who Is Gautam Adani, India's Richest Man? Billionaire Accused in $265 Million Bribery Case Now Nearing DOJ Deal

Indian billionaire Gautam Adani may soon see US fraud and bribery charges dropped, as federal authorities consider dismissing the case. The Adani Group denies wrongdoing, citing jurisdictional issues.

International Business Times

Kash Patel's 'VIP Snorkel' Scandal Erupts After Leaks Allege He Joined Luxury USS Arizona Tour While on Duty

Kash Patel's extended stay in Hawaii, involving a controversial VIP snorkel at the USS Arizona, has sparked scrutiny over his use of official travel and government resources.

International Business Times

Meta Launches Incognito AI Chat Days After Removing Instagram Encryption

Meta launched Incognito Chat with Meta AI on May 13, 2026, five days after quietly removing end-to-end encryption from Instagram direct messages — a sequence that digital-rights group the Electronic Frontier Foundation called a broken promise.

International Business Times

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OpenAI Launches Daybreak the Same Day Google Confirmed the First AI-Built Zero-Day Attack

On May 11, the same day Google's Threat Intelligence Group disclosed the first confirmed case of attackers using AI to build a zero-day exploit, OpenAI launched Daybreak, a new agentic cybersecurity platform that embeds its GPT-5.5 models and Codex Security engine directly into the software development lifecycle.

International Business Times

Pentagon Gatekeeper's Name Inside the DoD Finally Exposed as Congress Blocked From UFO Facility

A researcher claims a Pentagon official acts as a 'gatekeeper' for UFO information, sparking debate over transparency and control within the US government.

International Business Times

Cisco Eliminates 4,000 Jobs on the Same Day It Reports $15.8B Record Revenue, Blaming AI Pivot

Cisco CFO Mark Patterson said the restructuring was "not a savings-driven" exercise, calling it instead a rapid reallocation of resources toward silicon, optics, security, and AI.

International Business Times

Trump Aggressively Buys the Dip in Q1 With Over 3,600 Trades; $1M+ Positions in Nvidia, Apple, Oracle

US President Donald Trump strategically executed 3,642 stock trades in Q1, achieving significant returns. Explore his investments in major companies like Nvidia, Microsoft, and Amazon amidst market fluctuations.

International Business Times

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POET Technologies and Lumilens Secure $50M Deal to Replace Copper Wires With Light Inside AI Data Centers

Under the deal, the two companies will co-develop wafer-level photonic modules that replace electrical signals with light, promising lower power draw and higher bandwidth density for the AI facilities that train and run the models consumers use daily.

International Business Times

Panama Canal Emerges as Key Trade Lifeline Amid U.S.-Iran War

The increase in traffic and revenue generated through the auctions suggests revenue growth for the Panama Canal could reach between 10% and 15%, officials say.

International Business Times

In an Industry Reshaped by Private Equity, One Family Firm Has Stayed the Course

Over the past decade, private equity has moved steadily into the business of government contractor benefits administration, a specialized, compliance-heavy field that serves the companies hired by the federal government to perform essential services.

International Business Times

From Niche to Nationwide: The Playbook for DTC Businesses to Scale into Breakout Retail Brands

Some of today's breakout consumer brands were not built in retail. They were validated before retail and scaled through it.

International Business Times

Brendon Falconer: Understanding the Banking Industry Through Data Analytics

With digitalization accelerating, banks are leveraging analytics to not only increase efficiency and reduce operational costs but also to address stringent regulatory requirements.

International Business Times

Xi Jinping Tells U.S. CEOs that China Will 'Open Wider' To Business During Trump Visit

Chinese President Xi Jinping told a group of U.S. business leaders as part of Trump's visit to Beijing.

International Business Times

Vance Says White House Has 'A Lot Of Work To Do' After Trump's On Americans' Finances

Vice President JD Vance said the Trump administration has "a lot of work to do" on the economy after President Donald Trump faced backlash for saying Americans' financial struggles were not motivating his push for a deal with Iran.

International Business Times

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International Business Times

Head of Border Patrol Michael Banks Announces Resignation In Latest DHS Shakeup

Michael Banks announced his resignation on Thursday, the latest leadership change at the Department of Homeland Security.

International Business Times

Crypto World Scores Key Win As Senate Panel Passes Clarity Act

The crypto industry scored a key win on Thursday after a Senate committee approved the Clarity Act, which would be the first law defining regulatory authority over digital assets.

International Business Times

Ukraine Retakes More Land Than Russia Seized For The First Time In Over a Year And a Half

Ukraine regained more territory than Russia seized in April, the first time Moscow suffered a net territorial loss since Ukraine's incursion into Russia's Kursk region in August 2024.

International Business Times

Trump Says Xi Offered Help To Make a Deal With Iran And 'Would Like To See The Hormuz Strait Open'

President Donald Trump said on Thursday that U.S. counterpart Xi Jinping offered him help to strike a deal with Iran and would "like to see the Hormuz Strait open" as the stalemate between the two countries continues.

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International Business Times

DHS Chief Denies 'Alligator Alcatraz' Is Dead, Even as Detainees Are Reportedly Being Moved Out

A New York Times report earlier this week cited a federal official who confirmed the center, which currently houses roughly 1,400 detainees, had become too expensive and would close

International Business Times

Tiffany Andrade's Unconventional Path Into Tech & Her Vision for Expanding Opportunity in a New Era of Entrepreneurship

As founder and CEO, Tiffany's work reflects a commitment to helping entrepreneurs simplify operations and reclaim time through intelligent systems.

International Business Times

From Nurse Practitioner to Wellness Advocate: How Ann Law Built a Lifelong Mission Around Health and Freedom

A trained family nurse practitioner, a political leader, a businesswoman, and now a published author and wellness advocate, Law has never been one to step back from a challenge.

International Business Times

Dr. Ali Tural Advocates for Greater Human Connection to Achieve Better Outcomes in Pediatric Care

While healthcare expenditure in the US exceeded $5.3 trillion in 2024, the lack of access to quality pediatric care makes this spending even more alarming.

International Business Times

Connection Is the Missing Cure in Our Alcohol-Centered Social Life

More than 220 million Americans reported consuming alcohol at some point in their lives, and approximately 1 in 10 Americans suffered from Alcohol Use Disorder in the past year. Those numbers matter because they show how deeply alcohol has embedded itself into the country's social structure.

International Business Times

Ship Seized Near UAE; Another Sunk Off Oman As Tensions In Strait of Hormuz Remain High

Authorities are investigating separate shipping incidents off the UAE and Oman as regional tensions continue to disrupt one of the world's most important energy corridors.

International Business Times

How Brondell Is Connecting Healthy Home Innovation, Water Wellness, and Sustainability Through Everyday Habits

Recent findings show that PFAS, commonly known as "forever chemicals," were detected in 98.8% of more than 10,500 blood samples analyzed in a U.S. study, reinforcing growing public concern surrounding long-term exposure to contaminants linked to water systems, consumer products, and household environments.

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