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- The EU is set to impose a €3 tax on non-EU items under €150 from July 1, as the bloc seeks to slow the flow of low-cost goods from retailers like Temu (Brendan Murray/Bloomberg)
- How the data center boom is revealing weaknesses in America’s power grids and what solutions power infrastructure might need to be ready for the future (Chris Gillett/Works in Progress Magazine)
- A US NLRB judge ruled that Amazon violated federal law by failing to recognize the Teamsters union at an SF warehouse and must bargain collectively with workers (Josh Eidelson/Bloomberg)
- Qualcomm is in advanced talks to acquire Modular in a deal valuing the AI chip startup at around $4 billion, up from a September 2025 valuation of $1.6 billion (Bloomberg)
- Trump’s midterm election rigging scheme resulted in a big loss
- President Trump signs two executive orders aimed at accelerating the development of advanced quantum computers and mitigating the security threats they pose (Amrith Ramkumar/Wall Street Journal)
- Trump collapses when reporters challenge his story of vandalism around reflecting pool
- Sources: Bending Spoons, owner of Vimeo, is seeking to raise about $1.62 billion in a U.S. IPO, selling 58 million shares at $26 to $28 apiece, for a valuation of $19 billion at the high end of the range (Echo Wang/Reuters)
