Madeleine Petrova / CNBC: Investments in submarine cable projects are expected to reach $13 billion between 2025 and 2027, almost…
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- EY survey of 18,000 people across 23 countries: Around 49% of consumers have used AI in the past six months to support their savings and investment decisions (Emma Dunkley/Financial Times)
- Trump threatens to “impose significant tariffs on the UK” if he does not scrap his digital services tax, which he sees as unfairly targeting US tech companies (Connor Stringer/Telegraph)
- Sources: AI coding company Cognition in early talks to raise hundreds of millions of dollars at a valuation of $25 billion, up from $10.2 billion announced in September 2025 (Bloomberg)
- Spirit Airlines’ money ‘won’t last very long’
- Trump falls asleep during Oval Office event as his decline deepens
- Nike cuts 1,400 jobs in second round of layoffs this year
- Texas Instruments stock rose 19% on Thursday, its best day since 2000, after upbeat second-quarter forecasts driven by strong demand for analog chips used in AI data centers (Katie Tarasov/CNBC)
- Trump administration decides to reclassify cannabis
