Tech industry dominates business news with AI chip boom and funding surges, while media layoffs, EV challenges, and supply chain disruptions reshape traditional sectors amid geopolitical uncertainty.

Memory chip makers Micron, Samsung, and SK Hynix have become trillion-dollar companies as AI demand surges, with investors and politicians taking notice of their central role in the artificial intelligence infrastructure race.

AI coding startup Cognition raised $1 billion at a $25 billion pre-money valuation, while Princeton-backed fusion startup Thea Energy secured $100 million, highlighting the massive venture capital flowing into AI and clean energy technologies.

Samsung's wage deal with unions reveals growing inequality in the AI age, with top-performing chip unit employees guaranteed hefty bonuses while other workers report feeling left out of the economic gains.

Ferrari's first electric vehicle faces significant backlash in Italy and beyond, with memes mocking the model, analysts questioning its appeal, and investors selling stock as a former chairman warns of 'the destruction of a legend.'

Global supply chain shortages are deepening due to the three-month closure of the Strait of Hormuz, with developing countries bearing the brunt of the fallout and risking job losses and economic growth slowdowns.

Meta is launching subscription features across Instagram, Facebook, and WhatsApp with plans to expand into AI offerings, marking the company's push to diversify revenue beyond advertising.

Sharyn Alfonsi, a veteran '60 Minutes' journalist, has left CBS News after her contract expired amid a dispute with editor Bari Weiss over a pulled segment on El Salvador's brutal prisons.

YouTube announced it will automatically detect and flag AI-generated content to viewers, addressing growing concerns about artificial intelligence's role in spreading misinformation on the platform.

Wall Street remained cautious and subdued amid uncertainty over Middle East peace negotiations, with investors awaiting progress on Iran talks that could significantly impact energy markets and travel stocks.

China is funding humanoid robots to reduce factory costs and build competitive manufacturing advantages, signaling a major shift in global supply chain dynamics as Beijing pivots to automation.