World’s first half-trillionaire: Elon Musk surpasses $500 billion net worth with Tesla, SpaceX, and xAI shaping the tech future | World News

Source: The Wall Street Journal Tech entrepreneur Elon Musk has made history as the first person ever to surpass a net worth of $500 billion, highlighting his unrivaled influence in the global technology and business arena. This unprecedented milestone is driven largely by the soaring value of Tesla, his electric vehicle company, whose shares have […]

Over my dead body, says Soros’ son as Trump admin focuses on $23 billion charity

During a panel discussion featuring world leaders and philanthropists in New York on Thursday afternoon, Alex Soros said the $23 billion philanthropic organisation he leads would not cave to pressure from President Trump.Soros, the son of billionaire investor and Democratic megadonor George Soros, defiantly told attendees that the organisation had done nothing wrong and would […]

Trump admin proposes $6 billion arms sale to ally; package includes Apache helicopters, assault vehicles – report

FILE – President Donald Trump, left, stands with Israel’s Prime Minister Benjamin Netanyahu at the West Wing of the White House, April 7, 2025, in Washington. (AP Photo/Mark Schiefelbein, File) In a renewed show of support for Israel, which faces growing global isolation over the Gaza war, the Donald Trump administration has notified Congress of […]

‘No basis’: Judge dismisses Trump’s $15 billion NYT lawsuit; gives 28 days to refile

US President Donald Trump (Leon Neal, Pool via AP) A federal judge on Friday threw out US President Donald Trump’s $15 billion defamation lawsuit against The New York Times, ruling that the complaint was not “legally sufficient.” US district judge Steven Merryday of Florida said the filing “failed to provide a proper basis” for the […]

Elon Musk buys Tesla shares worth $1 billion! Stock surges in pre-market trading; 2.5 million shares bought

Tesla Chief Executive Officer Elon Musk purchased about more than 2.5 million shares worth $1 billion, according to a regulatory filing, reported news agency AP.The billionaire bought the stock indirectly through a trust on September 12, the filing showed. Tesla shares jumped as much as 7.3% before the start of regular trading, putting the stock […]

Who is Larry Ellison: Richest man in the world with more than $393 billion net worth | World News

“When people start telling you that you’re crazy, you just might be on to the most important innovation in your life,” Larry Ellison said in 2016. Fast forward to 2025, he is at the most important position in the billionaires’ world—the richest man on Earth with a staggering net worth of $393 billion. The 81-year-old […]

‘Self-preferencing practices’: EU fines Google $3.5 billion over ad services; faces global antitrust pressure

Google hit with $3.5 billion EU fine (AP) European Union regulators on Friday fined Google 2.95 billion euros ($3.5 billion) for breaching competition rules by favoring its own digital advertising services. The penalty marks the fourth antitrust fine the tech giant has faced in the EU.The European Commission, the bloc’s executive branch and top antitrust […]

UAE: Etihad to launch 100 Mbps in-flight wi-fi across fleet in three years; reports AED 1.1 billion profit in H1 2025 | World News

In July 2025, Etihad added five new aircraft, including its first A321LR, in its largest monthly delivery ever/ Image: Etihad Etihad Airways has outlined bold ambitions for the near future, announcing plans to deliver high-speed 100 Mbps Wi-Fi across its entire fleet within two to three years, while posting a solid first-half 2025 profit of […]

Saudi Arabia and Syria sign historic $24 billion in investment deals across 12 sectors at first joint forum | World News

Saudi Arabia and Syria signed $24 billion in investment deals across 12 sectors during their first joint forum in Riyadh/Image: SPA In a significant step toward rebuilding diplomatic and economic bridges, Saudi Arabia and Syria have launched their first private-sector-led investment forum. Held in Riyadh, the Saudi-Syrian Partnership and Investment Forum brought together over 450 […]

‘Admit the mistake’: Donald Trump urges Cracker Barrel to ditch new logo; calls it ‘billion dollar opportunity’

Cracker Barrel (left), Donald Trump (AP) US President Donald Trump has weighed in on the Cracker Barrel logo controversy, urging the company to revert to its old branding, admit its mistake, and use the situation as a business opportunity. In a post on his social media platform Truth Social, on Tuesday, Trump advised the restaurant […]