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The Latest Breaking News from International Business Times

South Korea's Kospi Is Back In A Bull Market. But Analysts Wonder If The Run Is Sustainable.

Kospi's comeback is being powered by renewed confidence in AI and memory chips. However, investors can expect more volatility.

International Business Times · Aug 14

OpenAI's Revenue Is Soaring, Topping $40 Billion Ahead of Its IPO

The company's annualized revenue run rate has roughly doubled from the more than $20 billion it recorded at the end of 2025.

International Business Times · Aug 14

New Data Showed Consumer Sentiment and Retail Sales Declined In July. Stocks Declined.

Consumer sentiment and retail sales declined the past month, dampening the outlook of the U.S. economy.

International Business Times · Aug 14

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Sandisk Has Had a Scorching Rally This Year. JPMorgan Thinks It Can Go Much Higher.

The investment bank upgraded Sandisk to overweight from neutral on Friday.

International Business Times · Aug 14

Jeff Bezos Is Now Dabbling In Sports As Part Of a Group With Minority Ownership In a Premier League Giant

FSG consortium will buy a third of Liverpool Football Club.

International Business Times · Aug 14

There Is No End To The U.S.-Iran War In Sight. Just Two Ships Made It Through The Hormuz Strait On Friday.

Oil prices are increasing after the UAE accused Iran of targeting two other ships.

International Business Times · Aug 14

Microsoft Copilot Predicts $0.65 Cardano by 2027. Whales Are Already Buying.

Cardano has spent a year bleeding from nearly $1 to $0.18, a 95% fall from its all-time high. Now Microsoft's Copilot AI has run the numbers and come back with a forecast that reads like a dare: a base case of $0.65 by the end of 2026, with a bull…

International Business Times · Aug 14

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China's AI Models Are Catching Up. Z.ai's GLM-5.3 Takes Aim at OpenAI & Anthropic

The Beijing-based company said its upcoming GLM-5.3 model will deliver improved coding capabilities, putting its performance closer to leading systems such as Anthropic's Fable 5.

International Business Times · Aug 14

Nintendo Stock Jump as 'Pokémon Pokopia' Becomes a Surprise Hit

Shares surged 7% on Friday after the Japanese gaming giant revealed that sales of Pokémon Pokopia have surpassed 5 million copies.

International Business Times · Aug 14

Bitcoin Slides Below $63,000 As ETF Investors Pull Back And The Crypto Rally Loses Steam

Investors are watching whether the pullback deepens toward the $60,000 level.

International Business Times · Aug 14

Why Personal Injury Guidance Matters After Serious Accidents

Serious accidents in New Jersey create immediate medical, financial, and legal stress. Learn how early legal guidance protects your rights, evidence, and recovery.

International Business Times · Aug 14

The Crypto Shakeout Is Accelerating—And Regulated Giants Are Emerging as the Winners

Crypto's recovery masks a deeper shakeout as capital leaves weaker projects and regulated financial giants gain influence.

International Business Times · Aug 14

Kyle Robertson revolutionized virtual healthcare before he turned 30. With a new venture studio, he wants to improve traditional healthcare for the AI age.

International Business Times · Aug 14

Uber Is Bringing Thousands Of Chinese Robotaxis To Europe As Its Driverless Push Gets Bigger

The expansion follows the March launch of a commercial robotaxi service in Zagreb involving Uber, Pony.ai and Croatian autonomous-driving company Verne.

International Business Times · Aug 14

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International Business Times · Aug 14

Consumer Sentiment Declines Sharply In July. Republicans Lead The Drop.

Consumer sentiment dropped sharply in August, falling to 51.0 compared to 55.2 in July. Sentiment among Republicans is almost 20% lower than before the war in Iran began in late February.

International Business Times · Aug 14

Laura Caicedo: What's Behind Profitability in Design

Caicedo points to Oxford North in the United Kingdom, where she was part of the masterplanning team at Fletcher Priest during the early phase of a roughly 74-acre employment-led district on the northern edge of Oxford.

International Business Times · Aug 14

Selena Gomez Launched A Company Focused On Mental Health. Now Investors Are Accusing Her Of Fraud.

Gomez and her mother have been accused of defrauding investors in their mental health startup, according to a federal lawsuit.

International Business Times · Aug 14

Great at the Craft, Buried in the Paperwork: How Firstep Runs the Business Behind the Business

People go into business because they are good at something specific, cutting hair, baking, landscaping, cleaning, and then discover that being good at the craft was never the whole job.

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news in one place.

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International Business Times · Aug 14

The UAE Says Iran Attacked Two Ships In The Hormuz Strait. Oil Is Edging Up.

Vice President JD Vance said that the Trump administration's new main goal in the war is keeping "oil and gas cheap for Americans all over our country."

International Business Times · Aug 14

AI Agents Hacked Taiwan on Their Own. Experts Say It Changes Cyberwarfare

The operation, carried out over four days in July, targeted government agencies, critical infrastructure and technology suppliers across Taiwan.

International Business Times · Aug 14

OpenAI Loses Second Senior Executive This Week. Revenue Chief Denise Dresser Is Leaving.

Dresser, a former longtime Salesforce executive, is departing "to pursue other opportunities" and will be replaced by Dali Rajic, the former president and chief operating officer of cybersecurity company Wiz.

International Business Times · Aug 14

Apple Takes a New Approach To AI In China. It's Building Its Own Model With Alibaba's Help.

The company is developing its own model instead of relying entirely on local technology partners. The move could give the iPhone maker greater control as it battles Huawei and other Chinese rivals.

International Business Times · Aug 14

Retail Sales See The Biggest Drop In More Than a Year. The Fading Effect Of Tax Refunds May Have Played a Role.

Retail sales declined 0.6% in July, according to data from the Commerce Department.

International Business Times · Aug 14

AI Is Getting Consistently Better At Hacking. Data Breach Notices Are Climbing.

The amount of data breaches reported in the first half of the year is higher than the one prior, according to a new report from the Identity Theft Resource Center.

International Business Times · Aug 14

The Iran War Continues Depleting The U.S.'s Arsenal. It Has Reportedly Lost a Quarter Of Its Reaper Drones.

The U.S. military lost at least 45 such drones during the war. Each one can cost between $30 million and $50 million.

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