Small Business People watch as the Doris Ocean container ship departs from the Port of Los Angeles, in Los Angeles, May 28, 2026. Mario Tama | Getty Images A coalition of 25 Democratic-led states sued the Trump administration Monday, arguing President Donald Trump exceeded his authority by imposing sweeping tariffs on goods from 60 U.S. […]
Tech The European Union gained new powers to inspect AI models, restrict EU market access and fine model providers, raising the stakes for U.S. companies like Anthropic and OpenAI and Google. Under the powers that came into effect on Sunday, the Commission, the EU’s executive arm, can demand to evaluate models before public release in […]
Tech OpenAI CEO Sam Altman speaks with reporters following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn Hockstein | Reuters OpenAI is dominating the first visible wave of artificial intelligence spending inside Congress. The maker of ChatGPT accounted for roughly $9 out of every $10 spent on identifiable AI tools by House offices, […]
Tech Alibaba debuts Qwen3-Max, its trillion-parameter AI model trained on 36T tokens. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Alibaba unveiled its latest and “most powerful” AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S. Qwen3.8-Max, which is scheduled for release […]
Tech Since its first trade on June 12, SpaceX has lost over $500 billion in market cap, a stunning blow to retail investors who jumped into Elon Musk’s rocket company at their first opportunity. The stock is coming off its fourth straight weekly loss and is more than 50% off its intraday high. Not since […]
Tech This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. I spent the weekend mostly outdoors at the Lollapalooza music festival in Chicago, but many others headed inside to catch the latest summer blockbuster. Stock futures are climbing this morning. The three major indexes are coming off a winning […]
Digital Trends The future of OLED monitors may have just taken a significant step forward. MSI and TCL CSOT have unveiled the world’s first 27-inch 4K 120Hz desktop monitor built using inkjet-printed OLED technology, bringing a manufacturing method once limited to prototypes and specialist displays closer to everyday buyers. Called the MSI Pro Max OLED […]
Tech Shares of Amazon hit a new all-time high on Monday, putting its market cap over the $3 trillion threshold for the first time following a better-than-expected earnings report last week. Monday’s new record is the best day for Amazon since May 5. Shares are up roughly 4%. The jump comes after the company reported […]
BBC News The recommendation from London Stadium comes after a joint investigation by BBC Panorama and The Times revealed that seven women have accused Sullivan of sexually exploitative and predatory behaviour. He has categorically denied the allegations. He stood down as joint chairman of the club shortly before the investigation was broadcast, saying he wanted […]
