qz

2026-06-25

A Chevron exec says gas prices will come down — but not as fast as Trump wants

Eimear Bonner told CNBC there is a lag between crude price declines and relief at the pump, as Trump ordered the DOJ to investigate oil majors [...]

qz

2026-06-25

Micron's earnings gave Wall Street exactly what the AI rally needed

The chipmaker's fiscal third-quarter results topped expectations across the board, lifting chip stocks worldwide [...]

qz

2026-06-25

Americans still can’t quit Olive Garden

Olive Garden same-store sales grew 2.4% in the quarter, while LongHorn Steakhouse surged 9.5% and the company's 2027 outlook came in soft [...]

Destination

2026-06-25

Colossal and the US Government Are Creating an Endangered Species ‘BioVault’

The move comes as the Trump administration is trying to weaken the act that’s meant to protect endangered species from going extinct in the first place. [...]

thenextweb

2026-06-25

TensorX and Solstice line up $1bn to finance Europe’s sovereign AI buildout

The partnership will fund EU AI hardware and data centres, and launch aiUSX, a yield asset that puts companies’ idle AI cash to work as infrastructure lending. Building sovereign AI in Europe takes chips, and chips take capital. TensorX and Solstice said they would supply the second to help buy the first, announcing a partnership […]<br /> This story continues at The Next Web [...]

thenextweb

2026-06-25

Kremlin demands an explanation from Apple after VK apps vanish from the App Store

On Thursday, a clutch of apps belonging to the Russian tech group VK disappeared from Apple’s App Store, and by the afternoon the Kremlin was asking why. Dmitry Peskov, the presidential spokesman, said the government expected an explanation from Apple. He also offered Russians a workaround that doubled as a message: switch operating systems. The […]<br /> This story continues at The Next [...]

thenextweb

2026-06-25

Brussels moves to put AWS and Azure under its toughest tech rules

The European Commission told Amazon and Microsoft that it takes the preliminary view that their cloud arms, Amazon Web Services and Microsoft Azure, should be designated as gatekeepers under the Digital Markets Act. The wording matters more than it looks. Neither service meets the DMA’s quantitative thresholds. Brussels wants them in anyway. That is the […]<br /> This story continues at [...]

thenextweb

2026-06-25

Anthropic hires Orange’s AI chief as its European build-out accelerates

Steve Jarrett, Orange’s chief AI officer since 2019, will join the Claude maker in Paris in late August to adapt its products for European and African markets. The head of artificial intelligence at the French telecoms group Orange is leaving to join Anthropic, a hire that lands squarely inside the US company’s push into Europe. […]<br /> This story continues at The Next Web [...]

thenextweb

2026-06-25

A Michigan township killed a $2.4 billion Chinese battery plant, and now the company might bankrupt it

Less than three years ago, residents of Green Charter Township, a rural community of roughly 3,000 people in central Michigan, packed a hall to celebrate what they saw as a victory for local democracy. They had recalled every member of their town board and installed replacements who promptly killed a $2.36 billion electric vehicle battery plant proposed […]<br /> This story continues at [...]