In an exclusive interview with CNBC, President Donald Trump defended his children's business activities, stating that they face heightened scrutiny due to his presidential policies. He emphasized that there is nothing illegal about his financial ventures, including a reported $580 million in crypto-related income.
Meanwhile, OpenAI is responding to increasing pressure from the U.S. government regarding cybersecurity vulnerabilities by proposing to give a 5% stake in the company to the government. This move reflects the growing caution in Washington towards major U.S. AI firms, especially in light of competition from cheaper Chinese models.
On the geopolitical front, Russia's recent missile and drone attacks on Ukraine have escalated tensions, prompting responses from neighboring countries like Poland and Finland. In contrast, the Middle East remains stable, with Saudi Arabia continuing to ship oil through the Strait of Hormuz following a peace agreement with Iran.
Additionally, Apple is planning to launch at least five new iPhone models by 2027, with an increased focus on foldable devices, as it aims to capture more market share amid a component supply shortage