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The Latest Breaking News from International Business Times

UAE To Speed Up Construction Of a New Pipeline As Hormuz Strait Remains Closed

The UAE will speed up the construction of a new oil pipeline to bypass the Strait of Hormuz, which remains closed as hostilities between the U.S. and Iran continue.

International Business Times

U.S. Cancels Plan To Deploy Thousands Of Additional Troops To Poland

The Pentagon has cancelled plans to deploy 4,000 additional troops to Poland while moving forward with the withdrawal of thousands more from Germany.

International Business Times

Vitalik Buterin Moves ETH Holdings As On-Chain Transfers Continue

On-chain tracking shows repeated ETH movements linked to Buterin-controlled wallets as Ethereum markets and DeFi metrics reflect uneven liquidity trends.

International Business Times

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CIA Director Travels To Cuba As Washington Continues To Put Pressure On Havana

CIA Director John Ratcliffe traveled to Cuba to meet with intelligence officials and Raul Rodriguez Castro, grandson of former leader Raul Castro.

International Business Times

Cuba's Raúl Castro Could Face U.S. Charges Over 1996 Brothers To The Rescue Attack: Report

The reported indictment effort centers on the deaths of four men after Cuban fighter jets shot down two civilian aircraft near Cuban airspace in 1996.

International Business Times

Trump, Xi Wrap Up Beijing Summit With Few Breakthroughs As Iran War Overshadows Trade Talks

Trump described the summit as productive and said the two governments had made progress on trade and security discussions. Xi, meanwhile, used the visit to present China as a central diplomatic power.

International Business Times

OpenAI Jury To Begin Deliberations Monday as Judge Weighs Altman Removal and $500B Restructure Reversal

A nine-person jury in Oakland will begin deliberating Monday on whether OpenAI CEO Sam Altman and president Greg Brockman violated charitable-trust law when they converted the nonprofit AI lab they co-founded with Elon Musk into a $500-billion for-profit corporation.

International Business Times

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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

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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International Business Times

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.

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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

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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