Author: OMN AI

A trillion-euro space and AI giant emerges Elon Musk’s SpaceX has surged to a valuation of $1.25 trillion (€1.06tn) after merging with his artificial intelligence venture xAI, dramatically narrowing the gap with Tesla and reshaping the balance of his business empire. Tesla’s market value now sits at about $1.58 trillion (€1.34tn), only around a quarter higher than SpaceX’s latest private valuation. On paper, Musk now derives more of his personal wealth from rockets and satellites than from electric cars. The timing highlights a shift in momentum. Tesla stumbled at the start of 2026, with its shares down roughly 6% for…

Netflix faced tough questioning in Washington over its $82bn (£61bn) bid to acquire Warner Bros Discovery. Lawmakers questioned whether the deal would benefit consumers or workers. Senators from both parties expressed concern during an antitrust hearing. Senators warn deal could weaken competition and raise prices Members of the Senate antitrust subcommittee said the merger could reduce competition across entertainment markets. Several senators warned subscription costs might increase. Others questioned whether cinemas could survive if regulators approve the merger. The Department of Justice is reviewing the proposed transaction. Approval would give Netflix control of Warner Bros film and television studios. The…

Toto Wolff dismissed rival claims about Mercedes’ 2026 engine legality.He insisted the power unit complies fully with regulations and FIA procedures.Wolff said rivals missed opportunities and should “get their shit together”.The row centres on engine compression ratios increasing under thermal expansion.Rivals Ferrari, Audi and Honda raised concerns with the FIA.Mercedes and Red Bull Racing deny any rule breach.Wolff accepted rivals may still protest after the Australian Grand Prix.

Conflicting Details Emerge From Zintan Libyan media outlets have reported that Saif al-Islam Gaddafi has been killed near the city of Zintan in western Libya. According to the reports, he was attacked and killed by four individuals, although no further details about the incident or the attackers were immediately available. Adviser and Lawyer Confirm Death The news was confirmed by Abdullah Othman, Saif al-Islam’s political adviser, who acknowledged the death in a brief Facebook post without elaborating on how it occurred or who was responsible. His French lawyer, Marcel Ceccaldi, also confirmed the killing to AFP, saying the identities of…

A new miniaturized ultrasound could make early breast cancer detection easier. The portable technology allows frequent screenings, helping identify tumors sooner and improving chances of successful treatment. Experts say this innovation could transform routine breast health checks. Traditional breast imaging, like mammograms, can be costly, time-consuming, or uncomfortable. The new portable ultrasound is small, easy to operate, and could be used more often, allowing earlier identification of abnormalities. Frequent monitoring may detect cancers at earlier stages when they are most treatable. The device works by sending sound waves into breast tissue to create images that highlight unusual growths. Its compact…

China has banned hidden door handles on electric vehicles amid growing safety concerns. The country becomes the first to prohibit the design. Regulators acted as electric vehicles face rising scrutiny worldwide. Several deadly accidents prompted action from authorities. Two fatal crashes in China involved electric cars made by Xiaomi. Investigators suspected power failures prevented passengers from opening the doors. Mechanical Door Access Required The new rules allow sales only for cars with mechanical door releases inside and outside. State media reported the full requirements. Authorities want to guarantee access during accidents and power failures. Regulators aim to prevent passengers from…

Scientists believe cosmic dust helped deliver life’s building blocks to early Earth.At the University of Sydney, researchers now recreate this dust in the laboratory.PhD researcher Linda Losurdo produces cosmic dust from scratch using plasma physics.She simulates dying stars by energising gas mixtures inside a vacuum chamber.The process creates carbon-rich dust containing organic CHON molecules.These compounds form the chemical foundations of life.Studying lab-made dust may explain why meteorites carry organic material.The work could clarify whether life’s ingredients formed in space or on Earth.The findings appear in the Astrophysical Journal.*

President Donald Trump says the United States will lower tariffs on Indian goods to 18%, down from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil. Trump also claimed India would slash import taxes on U.S. products to zero and commit to purchasing $500 billion worth of American goods. The announcement follows months of pressure from Washington on New Delhi to curb its reliance on discounted Russian crude, which India has continued to buy since Russia’s 2022 invasion of Ukraine. Trump framed the move as a step toward ending the war, arguing that cutting Russia’s oil…

Gold and silver prices plunged sharply as investors rushed to exit positions that had driven metals to historic peaks. Losses accelerated on Monday after a heavy sell-off on Friday, signaling a sudden reversal in market sentiment. In Asian trading, spot gold fell more than nine percent to around $4,403 per ounce. Silver slid roughly 15 percent to below $72 per ounce. Both metals had surged earlier this year amid heightened geopolitical uncertainty. Fed nomination eases investor fears The rally had reflected worries over geopolitics and US monetary policy. Traders also feared political pressure on the Federal Reserve. Those concerns eased…

The Chartered Institute of Procurement and Supply warned soaring shipping costs could push up consumer prices in 2026.Procurement leaders see growing cracks in global supply chains affecting computers, machinery, and transport equipment.A late-2025 survey showed supply disruption concerns at a two-year high.Shipping and logistics recorded the sharpest increases, with 22% reporting costs rising over 10%.Computer and electrical equipment prices have already climbed, hitting brands like Lenovo and Dell.CIPS said price volatility may become permanent amid geopolitical tensions and rising tariffs.