A day after Anthropic sued the Trump administration over its supply chain risk designation, Google said it would introduce a new feature allowing civilian and military personnel to build custom AI agents for unclassified work on GenAI.mil, the Pentagon's enterprise AI portal. The tool - called Agent Designer - gives the Department of Defense's workforce of more than 3 million people a no-code o
United States Defence Secretary Pete Hegseth said Tuesday would mark the most aggressive phase yet of American military operations inside Iran. Speaking at a Pentagon press conference alongside Gen. Dan Caine, chairman of the Joint Chiefs of Staff, Hegseth said the day’s operations would significantly intensify the campaign. “Today will be yet again our most intense day of strikes inside Ira
Oracle Corporation shares surged after it reported a 27% increase in net income for the third quarter of the 2026 financial year (Q3 FY26) and forecast continued growth in revenue. The technology giant said net income was US$3.71 billion (A$5.2 billion) in the three months ended 28 February 2026 compared with $2.936 billion in the previous corresponding period. The company, best known for it
The Iran war could have “catastrophic consequences” for global oil markets, Saudi Aramco CEO Amin Nasser has said, after the company’s profits dipped last year amid low oil prices. Iran has largely closed the Strait of Hormuz, where around 20% of global oil flows would usually transit. Saudi Arabia has started cutting its oil output and is working to boost exports through an alternative Red Sea
With shipments of around 20 million barrels a day of crude and refined oil products through the narrow Strait of Hormuz waterway – which accounts for a fifth of the global consumption - at a choke point, two lesser-known pipelines in the region could end up derailing Iran’s plans to disrupt the global economy. There’s nothing like a good old-fashioned war to remind us that, despite the lurch to
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A federal judge has temporarily blocked Perplexity from using its Comet web browser agent to make purchases on behalf of shoppers from Amazon’s online marketplace. Amazon sued Perplexity last November, saying the startup took steps to “conceal” its AI agents so they could continue to scrape the online retailer’s website without its approval. Perplexity claimed that the lawsuit was a bullying
Meta has reportedly acquired Moltbook, a social network for artificial intelligence agents, as Meta bolsters its AI division. Moltbook’s creators Matt Schlicht and Ben Parr will join Meta Superintelligence Labs (MSL), the company’s recently-established AI arm, Axios reported. Meta has not disclosed the financial terms of the deal. “The Moltbook team joining MSL opens up new ways for AI agent
Swiss chocolatier, Lindt & Sprüngli, beat expectations despite passing higher cocoa prices to customers. The chocolate maker's organic sales for 2025 grew 12.4% to 5.92 billion Swiss francs (A$10.7 billion), which was helped along by a 19% price hike to pass off higher cocoa prices to customers. This was driven by a 15.3% rise in sales in Europe of 2.6 billion francs. The company also report
Germany’s Volkswagen has warned of another difficult year after reporting a steep fall in profits for 2025, with United States trade tariffs, intensifying competition in China, and a costly strategic shift at Porsche weighing on Europe’s largest carmaker. The German automotive group said operating profit fell to €8.9 billion in 2025, down 53% from the previous year, while net profit dropped 44%
Venture capital fund AO Ventures has increased its investment in the fast-growing sport of padel by pouring more funds into a company that provides “financing solutions”. The investment arm of Tennis Australia and the Australian Open lifted its unspecified stake in Mindspring Padel, which enables padel clubs and venue operators to build courts without significant upfront capital. AO Ventures
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