Prada has finalized its $1.4 billion purchase of Versace, bringing the iconic fashion house under its umbrella after years of pursuit and securing full regulatory approval.
Netflix has reportedly made a largely cash offer to acquire Warner Bros. Discovery in a deal valued at roughly $59 billion, positioning the streaming giant to gain control of HBO, CNN, and the Warner Bros. film studio.
Goldman Sachs agreed to purchase Innovator Capital Management for about $2 billion, adding 159 defined-outcome ETFs and $28 billion in supervised assets to its expanding asset management business.
Apple has appointed former Microsoft and Google DeepMind executive Amar Subramanya to lead its AI division as longtime AI chief John Giannandrea steps down, marking the company’s most significant AI leadership shake-up in years.
Alibaba released its new Quark AI smart glasses priced from $265 to $536, signaling a major push into consumer AI hardware as global competition with Meta heats up.
Puma shares jumped sharply after reports that Anta Sports and other Asian athletic brands are exploring a potential acquisition of the German sportswear company.
Nvidia shares fell after reports that Meta is considering buying Google’s AI chips, raising concerns that the industry’s largest GPU buyer may diversify away from Nvidia.
Elon Musk released a video showing Optimus robots performing roles from construction to medicine, fueling debate over Tesla’s broader ambitions in humanoid automation. The company has not clarified the clip, but prior comments suggest Musk sees robots as central to future economic productivity.
Google introduced Gemini 3, its most advanced AI model to date, designed to outperform competing systems in reasoning, analysis, coding, and multimodal creation. The new platform transforms AI from a conversational tool into a full-scale development engine.
An autonomous AI system was used to probe and exploit vulnerabilities across nearly 30 government, financial and tech websites, while a separate $120 million theft from crypto platform Balancer is suspected to involve AI tools.
AI startup Anthropic announced a $50 billion funding plan to build large-scale data centers in Texas and New York, reinforcing its position in the AI infrastructure race.
Apple introduced the iPhone Pocket, a limited-edition wearable accessory priced at $149.95 for the short strap and $229.95 for the long version, blending premium design with everyday practicality.
The Chan Zuckerberg Biohub, founded by Mark Zuckerberg and Priscilla Chan, announced a new initiative merging artificial intelligence, biology, and computing to accelerate breakthroughs in health and disease research.
Three 22-year-olds behind AI recruiting startup Mercor have become the youngest self-made billionaires after the company raised $350 million at a $10 billion valuation.
Elon Musk announced a new messaging app, X Chat, featuring peer-to-peer encryption ‘kind of like Bitcoin’ and designed to rival WhatsApp with privacy-first architecture.