United States orders global halt of Anthropic models

 

On Friday, June 12, 2026, the U.S. Department of Commerce, under the Trump administration, issued a national security export control directive requiring artificial intelligence startup Anthropic to immediately block foreign nationals from accessing its most advanced models. Because major cloud platforms cannot practically separate foreign from domestic users in real...

United States approves $111 billion Warner-Paramount merger

 

The U.S. Department of Justice has approved the $111 billion merger between Paramount and Warner Bros. Discovery, concluding an eight-month antitrust investigation into the proposed deal. Federal regulators determined the transaction is not likely to harm competition or consumers in the media and entertainment sector and imposed no divestitures or...

New York: SpaceX soars to $2.1 trillion valuation

 

SpaceX shares jumped 19.2% on their first day of trading on the Nasdaq on June 12, 2026, closing at $160.95 and valuing the company at $2.1 trillion. The listing is described as the largest initial public offering in Wall Street history, placing the aerospace company among the most valuable firms...

United States: Ford recalls 250,000 Focus vehicles

 

Ford Motor Company has announced a recall of more than 250,000 Focus vehicles across the United States after reports of engine failure and unexpected power loss. According to recent National Highway Traffic Safety Administration filings, a defect in the powertrain control module can cause vehicles to stall without warning, creating...

United States conglomerate Berkshire Hathaway exits tech holdings

 

Berkshire Hathaway, the U.S. conglomerate led by Warren Buffett, executed a large-scale divestment of technology and AI-linked stocks during early trading on June 13, 2026, according to regulatory filings and market reports. The firm liquidated positions in several companies central to the recent artificial intelligence market rally, shifting capital toward...

United States AI startup Prometheus secures $12B funding

 

United States-based AI startup Prometheus, co-led by Jeff Bezos and entrepreneur Vik Bajaj, announced on June 12, 2026, that it had raised $12 billion in a Series B funding round, valuing the company at $41 billion. The record-setting financing, which the company says is the largest Series B infusion in...

United States recalls 880,000 Honda vehicles over suspension

 

United States – Honda Motor Co. has announced a recall of about 880,000 vehicles in the United States due to a critical defect in the rear suspension system that could cause a loss of vehicle control under normal driving conditions. The action covers various trims of the Honda CR-V and...

United States Xbox chief orders sweeping restructuring, layoffs

 

Redmond, Washington – Microsoft’s Xbox division is preparing for a major restructuring after its chief executive circulated an internal directive on Wednesday, June 10, calling for a “reset” of operations and warning that current performance levels “cannot continue.” The directive, sent to senior leadership, underscores mounting concern over what the...

United States tech stocks slide as SpaceX IPO nears

 

U.S. technology shares fell sharply on Wednesday, June 10, amid heightened volatility ahead of SpaceX’s planned initial public offering on Nasdaq. The Nasdaq Composite dropped 2 percent and the S&P 500 declined 1.6 percent, as investors reassessed lofty valuations in artificial intelligence–linked companies. SpaceX is expected to raise about $86...

Nevada Canyon Begins 2026 Drilling at Lapon Canyon

 

Reno, Nevada. Nevada Canyon Gold Corp. and Walker River Resources began a reverse circulation drilling program at the Lapon Canyon Gold Project on June 11, 2026, targeting deeper intrusive-related gold-bearing structures identified during 2025 exploration; the companies planned an initial 10,000 metres of RC drilling with potential expansion depending on...