Business 16 August 2025 - 23 January 2026

DoorDash stock jumps after outlook beat — but the cost bill is climbing
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DoorDash stock jumps after outlook beat — but the cost bill is climbing

DoorDash shares rose 3% to $178.87 Thursday after the company projected first-quarter gross order value of $31–$31.8 billion, topping estimates. Profit guidance lagged forecasts as DoorDash ramps spending on a multi-brand tech overhaul. Fourth-quarter orders jumped 32% to 903 million, with revenue up 38% to $4 billion. The board authorized a $5 billion share buyback, but no stock had been repurchased as of Feb. 17.
February 19, 2026
Trump administration pushes out Liz Cannon, Commerce official behind Chinese car curb, sources say
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Trump administration pushes out Liz Cannon, Commerce official behind Chinese car curb, sources say

Elizabeth “Liz” Cannon, head of the Commerce Department’s ICTS unit, will leave her post on Feb. 20 after being ousted by the Trump administration, according to sources. Cannon’s team helped finalize rules barring nearly all Chinese passenger cars from the U.S. Her departure follows Commerce’s decision to drop plans restricting Chinese-made drones. The administration plans to replace her with a political appointee.
January 23, 2026
Sberbank jumps into Russia’s chip race with Element stake — and Rostec won’t sell
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Sberbank jumps into Russia’s chip race with Element stake — and Rostec won’t sell

Sberbank bought a 41.9% stake in microelectronics maker Element for 27 billion roubles ($355.7 million), surpassing Rostec’s 41.6% holding. The deal sets up a control struggle between the state-owned bank and the defense conglomerate. Sberbank acquired the shares from Sistema and other minority holders and plans a buyout offer. All three firms face Western sanctions over the Ukraine war.
January 23, 2026
TikTok avoids U.S. ban with Oracle-led joint venture deal — here’s who owns what now
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TikTok avoids U.S. ban with Oracle-led joint venture deal — here’s who owns what now

ByteDance said Friday it will shift TikTok’s U.S. operations to a new joint venture, with Oracle, Silver Lake, and MGX each taking 15% stakes and ByteDance retaining 19.9%. The venture will control U.S. user data on Oracle’s cloud and oversee TikTok’s algorithm security. Adam Presser was named CEO. Both U.S. and Chinese officials approved the deal.
January 23, 2026
Autodesk’s 1,000-job cut: Why the AutoCAD maker is shrinking sales to fund AI and cloud
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Autodesk’s 1,000-job cut: Why the AutoCAD maker is shrinking sales to fund AI and cloud

Autodesk will cut about 1,000 jobs, or 7% of its workforce, mostly in customer-facing sales, as part of a sales overhaul. The company expects $135 million to $160 million in pre-tax restructuring charges and raised its outlook above prior guidance. CEO Andrew Anagnost told staff the cuts are not tied to AI replacement. Shares rose over 3% after the announcement.
January 22, 2026
OpenAI’s Altman shops for $50 billion in Middle East funding as $830 billion valuation talk surfaces
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OpenAI’s Altman shops for $50 billion in Middle East funding as $830 billion valuation talk surfaces

OpenAI CEO Sam Altman is seeking at least $50 billion from Middle East investors in a new funding round, Bloomberg reported Wednesday. The talks value OpenAI between $750 billion and $830 billion. Altman has met with state-backed funds in Abu Dhabi, but discussions remain preliminary. OpenAI’s CFO said annualized revenue could top $20 billion by 2025.
January 22, 2026
India puts Apple’s iPhone App Store on the clock as $38 billion antitrust fine risk looms
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India puts Apple’s iPhone App Store on the clock as $38 billion antitrust fine risk looms

India’s antitrust regulator warned Apple it will proceed with its App Store probe next week if the company fails to respond. Apple says potential fines could reach $38 billion if calculated on global revenue. New Delhi is also weighing a rule requiring phone makers to share source code with the government, raising privacy concerns. The case stems from complaints by Match Group and Indian startups over Apple’s app policies.
January 15, 2026
Anthropic lands Travelers deal: insurer rolls out Claude AI assistants to nearly 10,000 staff
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Anthropic lands Travelers deal: insurer rolls out Claude AI assistants to nearly 10,000 staff

The Travelers Companies is deploying Anthropic’s Claude AI assistants to nearly 10,000 staff, aiming to accelerate software and analytics work by integrating the tools with internal data and systems. Early results show productivity gains, according to Travelers. Anthropic also announced leadership changes and released a report showing Claude is mainly used for coding, with success rates dropping on complex tasks.
January 15, 2026
OpenAI’s $10B Cerebras bet is about one thing: making ChatGPT faster
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OpenAI’s $10B Cerebras bet is about one thing: making ChatGPT faster

OpenAI will buy up to 750 megawatts of computing power from Cerebras Systems over three years in a deal exceeding $10 billion, a source said. The agreement aims to speed up AI inference as demand for fast responses grows. Cerebras claims its processors can deliver outputs up to 15 times faster than GPUs. Analysts warn mixing chip types could increase data center costs and complexity.
January 15, 2026
Trump Mobile’s $499 Gold T1 Phone Still Hasn’t Shipped: Latest Updates and Refund Questions (Jan. 13, 2026)
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Trump Mobile’s $499 Gold T1 Phone Still Hasn’t Shipped: Latest Updates and Refund Questions (Jan. 13, 2026)

Trump Mobile’s $499 “T1” gold smartphone remains unavailable as of Jan. 13, 2026, despite months of pre-orders and $100 deposits. No firm shipping date has been announced. Media reports highlight growing refund concerns and unverified claims about preorder numbers. The company continues to accept deposits while offering only vague shipping estimates.
January 13, 2026
Apple’s Record iPhone 17 Sales Set to Power 2025 Smartphone Growth, IDC Warns of 2026 Slowdown
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Apple’s Record iPhone 17 Sales Set to Power 2025 Smartphone Growth, IDC Warns of 2026 Slowdown

Apple is projected to ship over 247 million iPhones in 2025, marking its highest annual total and driving global smartphone shipments to 1.25 billion units, according to IDC. The firm raised its 2025 market growth forecast to 1.5%, citing surging iPhone 17 demand, especially in China. IDC expects shipments to contract 0.9% in 2026 amid rising memory prices and supply constraints.
December 3, 2025
AWS Outage Sends Shockwaves Through Payments, Apps and Even Smart Mattresses
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AWS Outage Sends Shockwaves Through Payments, Apps and Even Smart Mattresses

A major Amazon Web Services outage on Oct. 19-20, 2025, disrupted thousands of websites and apps worldwide, including Snapchat, Netflix, and UAE banking platforms. Amazon traced the failure to a DNS automation bug in its DynamoDB system, which broke connectivity until engineers manually restored records. UAE banks reported payment failures and double charges, urging customers to check statements.
October 26, 2025
Apple Stock Rockets to Record High as iPhone 17 Demand Explodes
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Apple Stock Rockets to Record High as iPhone 17 Demand Explodes

Apple’s iPhone 17 series is outselling last year’s models by 14% in the first 10 days after launch in China and the U.S., according to Counterpoint Research. Apple shares jumped 4% to a record high near $264 on Oct. 20, pushing its market cap close to $4 trillion. Wall Street analysts upgraded the stock, citing surging iPhone demand. The iPhone Air sold out in China but faces weaker global demand, with production cuts expected.
October 21, 2025
Global GSM Shake-Up: 2G & 3G Fade as 4G Expands – Key Developments (Sept 12–13, 2025)
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Global GSM Shake-Up: 2G & 3G Fade as 4G Expands – Key Developments (Sept 12–13, 2025)

Governments and operators in 75 countries have shut down 169 2G and 3G networks as of 2024, according to GSMA. Namibia launched its first private 4G network, while South Africa plans to retire 2G/3G by 2027. The Philippines and New Zealand are phasing out legacy networks. In Nigeria, T2 gained 290,000 subscribers after a roaming deal with MTN.
September 13, 2025
6G network
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6G Revolution: Blazing Speeds, Global Tech Rivalries, and the Next Wireless Frontier

China launched a 6G test satellite and achieved a 100 Gbps laser link from space to ground. South Korea’s ETRI demonstrated a 200 Gbps wireless 6G prototype in January 2025. Japan’s SoftBank began outdoor 6G trials in Tokyo with Nokia in July 2025. Ten countries signed a White House-backed pledge in February 2024 for secure, open, and resilient 6G networks.
August 18, 2025
Asteroid Classifications and Their Mining Potential
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Asteroid Minerals: Mining C-Type, S-Type & M-Type Space Rocks Worth Trillions

C-type asteroids make up over 75% of known asteroids and are rich in water and organics, while S-types contain significant metals including platinum and gold. M-type asteroids, though rare, hold vast iron-nickel and platinum-group metals. NASA's Psyche mission launched in 2023 to study asteroid 16 Psyche, and OSIRIS-REx returned Bennu samples in 2023. Launch costs have dropped below $2,000 per kilogram.
August 17, 2025
Inside the Race to Scout and Mine Space’s Richest Rocks
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Asteroid Gold Rush: Inside the Race to Scout and Mine Space’s Richest Rocks

NASA’s OSIRIS-REx returned 250 grams of carbon- and water-bearing soil from Bennu in September 2023. The Psyche probe launched in October 2023 to a metal-rich asteroid valued at $10 quadrillion, with arrival set for 2029. China’s Tianwen-2 will attempt a sample return from Kamoʻoalewa by 2027. Private ventures and international agreements are shaping the future of asteroid resource extraction.
August 16, 2025
Deep-Water Wind - Floating Turbines
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Deep-Water Wind Revolution: Floating Turbines Set to Transform Offshore Energy

Hywind Scotland, the world’s first floating wind farm, began operation in 2017 with five spar-buoy turbines totaling 30 MW and a 54% capacity factor. By mid-2025, global floating wind capacity reached about 200–250 MW, with Europe accounting for 208 MW by late 2023. Industry forecasts expect 6–7 GW operational worldwide by 2030. Current costs exceed $200/MWh but are projected to drop sharply by 2050.
August 16, 2025
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