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Amazon.com is asking the FCC for a two-year extension on its 1,600-satellite deployment deadline for its $10 billion Amazon Leo internet network, citing rocket shortages and launch delays, as it aims to catch up with SpaceX's Starlink while warning that denying the extension could slow U.S. broadband expansion.
Nvidia's proposed $100 billion investment in OpenAI has reportedly stalled as CEO Jensen Huang raises concerns over the AI startup's spending discipline and intensifying competition, prompting both companies to reconsider a smaller, nonbinding equity deal even as OpenAI attracts heavy Big Tech interest and posts surging revenue.
Walt Disney (NYSE: DIS) CEO Bob Iger has reportedly told associates he plans to step down and pull back from daily management before his contract expires on Dec. 31, and the entertainment giant's board is set to meet next week to vote on a successor.
Eli Lilly CEO Dave Ricks said upcoming Medicare coverage of obesity drugs could be a game-changer for the launch of its experimental weight-loss pill orforglipron, potentially expanding access to millions of patients even as competition with Novo Nordisk intensifies ahead of both companies' earnings.
A federal jury convicted former Google engineer Linwei Ding of stealing AI chip and supercomputer trade secrets to benefit China in the first U.S. AI economic espionage case, exposing him to decades in prison.
The U.S. Senate late Friday approved a bipartisan government funding package aimed at preventing a prolonged shutdown, but a brief lapse in funding now appears unavoidable as the House of Representatives is not expected to vote until Monday.
SpaceX reportedly earned $8 billion on $15 billion to $16 billion in revenue last year as banks eye a $50 billion IPO at a valuation above $1.5 trillion.
China has conditionally approved DeepSeek and other major tech firms to buy Nvidia's H200 chips, undercutting earlier fears that the low-cost AI startup would reduce demand for Nvidia's high-end processors.
OpenAI and Anthropic are expected to have IPOs in 2026, potentially driving up AI infrastructure spending and benefiting companies like Nvidia, Amazon, and Microsoft.
Investors flee cash-burning, clean-energy names on fears that a more hawkish Fed chair and collapsing gold prices signal a sharp turn toward higher-for-longer interest rates and tighter financial conditions.
A personal check sold at auction for more than $1 million for the first time. Here's how much one of the rarest Apple company memorabilia pieces is worth.
Stocks are near highs, yet Bitcoin (CRYPTO: BTC) it stuck in the low $80,000s, begging the question: why is the Crypto Fear & Greed Index consistently in the "Fear
