Australia’s richest woman buys stake worth $1 billion in SpaceX
SpaceX's historic IPO has propelled its market value to $2.5 trillion, attracting a significant investment of over $1 billion from Australia's richest person, Gina Rinehart. Through Hancock Prospecting, Rinehart lauded Elon Musk's vision and SpaceX's groundbreaking achievements in space technology and connectivity, predicting its continued influence across multiple industries.
IAF to indigenously produce Kamikaze drones with domestic partners
The Indian Air Force is developing indigenous long-range kamikaze drones. This project aims for self-reliance in drone technology. The Air Force has invited bids from Indian companies for this significant initiative. This move prepares the force for future drone-centric warfare. Another major contract for 87 long-range UAVs is also underway.
EasySim: Revolutionizing Connectivity with eSIM Technology
France to ditch AI data tools from Palantir for domestic provider
Switch to ChapsVision announced by PM comes amid concern about reliance on US-controlled technologyFrance’s domestic intelligence service is to ditch AI data tools from the US tech giant Palantir in favour of a domestic provider in an effort to avoid “strategic dependency”, the prime minister, Sébastien Lecornu, has said.“We must use our own AI models; we cannot accept new strategic dependencies in the digital sphere,” Lecornu posted on social media. “We cannot rely on tools developed by foreig...
SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation
Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisationElon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn and has moved ahead of Amazon in valuation days after its stock market debut.The company has agreed to buy Anysphere, which has capitalised on AI’s success as a coding technology. Continue reading...
What Can Hackers Do With Your Phone Number? What To Know
InnovationWhat Can Hackers Do With Your Phone Number? What To KnowByJoe McKendrick,Senior Contributor.Edited bySophia Acevedo,Associate Editor.for TechnologyFollow AuthorsJun 16, 2026, 06:30am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SummaryYour phone number is a significant cybersecurity risk. Experts warn that while a number alone isn't direct access, it's a critical gateway for fraud, identity theft and account t...
Google CEO Sundar Pichai cracked an 'AI' joke during his Stanford University speech
Stanford graduates received unexpected advice from Google CEO Sundar Pichai, who intentionally omitted AI from his commencement speech. He emphasized that timeless wisdom is technology-agnostic, focusing instead on personal choices and building a fulfilling life. Pichai shared his three guiding principles: optimism, tackling challenges, and pursuing passions, to help graduates navigate life's pressures.
Unveiling the Bugatti Tourbillon: The $4 Million Hypercar That Redefines Luxury and Speed
Prepare to be blown away by the Bugatti Tourbillon—the hypercar that marries cutting-edge technology with jaw-dropping aesthetics. With a staggering price tag of $4 million, this masterpiece isn't just a car; it's a statement of pure automotive excellence.
Anthropic Set to Discuss AI Tool Suspension with White House Amid Growing Regulatory Scrutiny
In a significant move reflecting the escalating concerns over artificial intelligence safety, Anthropic is scheduled to meet with White House officials to address the temporary suspension of its AI tools. This meeting underscores the broader implications of AI technology on society and the urgent need for regulatory frameworks.
Morgan Stanley becomes first major Wall Street bank to open wealth platform to AI agents
Morgan Stanley is pioneering direct AI access to its trillion-dollar wealth management systems for corporate clients. This groundbreaking move allows autonomous AI agents to interact with stock administration platforms, bypassing traditional human interfaces. The bank anticipates this will significantly scale services like client onboarding and support, marking a major shift in how financial institutions engage with technology.
Samsung Just Gave Hackers A Roadmap: Update Your Galaxy Now
InnovationConsumer TechSamsung Just Gave Hackers A Roadmap: Update Your Galaxy NowByJanhoi McGregor,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Janhoi McGregor (jan-eye) is a reporter who covers technology news.Follow AuthorJun 15, 2026, 04:04pm EDTJun 15, 2026, 04:06pm EDTSummarySamsung's June 2026 security update is rolling out now to Galaxy S25 and S26 series devices in Europe, India and South Korea, patching vulnerabilities in the Galaxy's photo e...
Social media ban - bold and blunt, but no silver bullet
The BBC's technology editor Zoe Kleinman on the big changes coming down the line for young people online.
AMD CIO raises a $900 million AI spending point many CEOs cutting jobs are missing
AMD CIO Hasmukh Ranjan has flagged a hidden AI cost most CEOs are ignoring: employee token usage that could run up a $900 million annual bill. As companies lay off staff citing AI, the technology meant to replace workers is racking up huge expenses of its own. After a year of pushing "tokenmaxxing," firms like Meta, Uber and Microsoft are now scrambling to cap AI spending.
AI In ERP Implementation: Accelerating Transformation Without Compromising Strategy
InnovationAI In ERP Implementation: Accelerating Transformation Without Compromising StrategyByAnand Gupta,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 08:00am EDTAnand Gupta is Senior Partner at Wipro, helping enterprises transform through AI-powered, ERP cloud-enabled Finance, Sales & Supply Chain. gettyEnterprise resource plannin...
The Next Evolution Of Supply Chains: Turning Disconnected Data Into Structured Intelligence With Agentic AI
InnovationThe Next Evolution Of Supply Chains: Turning Disconnected Data Into Structured Intelligence With Agentic AIByMark Burstein,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 07:45am EDTMark Burstein, SVP at Inspectorio, transforming how brands manage supply chain risk, quality and compliance through an AI-powered platform. gettyM...
How And Why SaaS Must Turn Market Disruption Into Opportunity
InnovationHow And Why SaaS Must Turn Market Disruption Into OpportunityByDan Faulkner,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 07:15am EDTDan Faulkner is the CEO of SmartBear, helping teams build, test, and ship quality software. gettySaaS stocks have been under pressure as investors weigh the impact of an AI-driven "SaaSpocalyp...
Four Questions Before Pursuing Digital Sovereignty For Your Business
InnovationFour Questions Before Pursuing Digital Sovereignty For Your BusinessByKlaudia Zaika,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 06:45am EDTKlaudia Zaika is the CEO of Apriorit, a software development company that provides engineering services globally to tech companies. gettyFor global software companies and the engineeri...
Physical Retail Will Survive—But Only If It Stops Being Just A Store
InnovationPhysical Retail Will Survive—But Only If It Stops Being Just A StoreByDarko Pavic,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 06:15am EDTDarko Pavic, Founder & CEO of Fiscal Solutions, Retail Technology & Global Fiscalization Expert with 28+ Years of Experience. gettyFor more than 25 years, I've worked in retail and retai...
Football-Shaped Tracker And Power Bank Launch In Time For FIFA World Cup
InnovationConsumer TechFootball-Shaped Tracker And Power Bank Launch In Time For FIFA World CupByMark Sparrow,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Technology journalist specializing in audio, computing and Apple Macs.Follow AuthorJun 15, 2026, 06:00am EDTUgreen kicks of the FIFA World Cup season with two new trackers and a power bank aimed at soccer fans attending the tournament.UGREENFor many people, the FIFA World Cup is a celebration of the...
The Ouroboros Effect: What Happens When AI Trains On Insecure AI-Generated Code?
InnovationThe Ouroboros Effect: What Happens When AI Trains On Insecure AI-Generated Code?ByAnshu Bansal,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 06:00am EDTAnshu Bansal is the founder/CEO of CloudDefense AI — a CNAPP that secures both applications and cloud infrastructure. gettyAs the world of artificial intelligence (AI) evolv...