Quantum Space to go public via $1.2B SPAC deal
Quantum Space, a spacecraft developer led by Trump's former NASA administrator, plans to go public through a $1.2 billion SPAC merger, marking a significant capital raise for the aerospace startup.
economy
Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
HIGH confidence
Coverage (4869 articles)
Early-onset colon cancer in young women linked to ultra-processed foods, experts warn
An AIIMS-trained gastroenterologist identifies six factors driving increased colorectal cancer diagnoses in women under 40, with ultra-processed foods and specific dietary fats emerging as key contributors.
Incyte Acquires Vega Therapeutics for Up to $2B to Bolster Bleeding Disorder Pipeline
Incyte is acquiring Vega Therapeutics for up to $2 billion to expand its hematology portfolio into bleeding disorders, positioning itself ahead of patent expiration for its flagship drug Jakafi.
Astronomers detect remnants of ancient galaxy Loki hidden within Milky Way
Astronomers have detected remnants of an ancient galaxy called Loki hidden within the Milky Way, revealing new insights into galactic merger history and composition.
BitGo MENA Launches Regulated Electronic Trading Under Dubai Authority
BitGo MENA launches regulated electronic trading services in the Middle East and North Africa under Dubai's Virtual Assets Regulatory Authority oversight, combining OTC and institutional-grade execution with custody solutions.
Oasis Pushes for KADOKAWA CEO Ouster, Citing 89% EPS Decline Under Natsuno
Oasis Management, holding 13.76% of KADOKAWA, is calling for shareholders to vote against CEO Takeshi Natsuno's reappointment at the June 2026 AGM, citing five years of deteriorating financial performance and strategic failures.
Moonshot AI Seeks $20B Funding Round, Valuation Could Hit $300B
Moonshot AI, developer of the Kimi chatbot, is pursuing a $20 billion funding round that could value the company at $300 billion, marking its third major funding round in six months as competition intensifies in China's AI sector.
NSFW AI Startup Receives 100K+ Applications for Unusual 'Masturbation Consultant' Role
Joi AI's unconventional job posting for 10 'masturbation consultants' to test audio features went viral, attracting over 100,000 applications and highlighting growing concerns about AI companionship platforms.
Cuba's Failed Revolution: Why the Left Must Abandon Socialist Utopias
El País opinion piece argues Cuba's revolutionary model has catastrophically failed, demonstrating socialism lacks viable alternatives to capitalism at national scale and forcing Latin American left to reckon with ideological bankruptcy.
Subsea7 Secures Major Gulf of Mexico Contract for Delta House Complex
Subsea7 wins $50-150M contract from Murphy Exploration for String Music field development in Gulf of Mexico, including subsea pipeline and Delta House complex infrastructure connection at 1,850m depth.
NetEase Debuts 'Sea of Remnant' Marine RPG Trailer at Summer Game Fest
NetEase Games unveiled a new trailer for 'Sea of Remnant,' an open-world marine fantasy RPG from subsidiary Joker Studio, at Summer Game Fest 2026, showcasing diverse pirate crews ahead of its PC and PS5 launch later this year.
Asthma Australia calls for national phase-out of woodfire heaters
Asthma Australia is urging governments to phase out woodfire heaters nationally, citing research showing wood heater pollution causes annual deaths comparable to the 2019-20 Black Summer bushfires.
Woman's Pre-Pandemic Tattoo Becomes Unintended Time Capsule of COVID Era
A woman's tattoo obtained just before COVID-19 lockdowns deteriorated rapidly, becoming a humorous reminder of pandemic timing and its unexpected consequences.
Argentine biotech firm Kheiron leads global equine cloning, impresses U.S. delegation
Kheiron, an Argentine biotech pioneer, hosted a U.S. Department of Agriculture delegation to showcase its cloning and genetic editing breakthroughs in horses and pigs, positioning Argentina as a global leader in equine biotechnology.
Scientists Identify Giant Meter-Long Scorpion From 415 Million Years Ago
Researchers reclassified a 1-meter-long prehistoric specimen as a giant scorpion rather than a crustacean, revealing it lived 415 million years ago during the Early Devonian period when Earth's ecosystems were still developing.
3D-Printed Eggs Could Help Resurrect Extinct Species, Scientists Say
Colossal Biosciences developed 3D-printed artificial eggs with semi-permeable membranes that successfully hatched chickens, potentially enabling de-extinction efforts for species like the dodo and moa.
Xbox marks 25 years with limited-edition Series X in translucent green
Microsoft unveiled a limited-edition Xbox Series X with translucent green casing honoring the original console, launching November 2026. The company also previewed Project Helix, its next-generation console arriving in 2027 with AMD-powered ray tracing improvements.
Blankfein's 'Streetwise': From Brooklyn Streets to Goldman's Top
Lloyd Blankfein's autobiography 'Streetwise' chronicles his rise from Brooklyn poverty to Goldman Sachs CEO, emphasizing street intelligence and outsider perspective that shaped his leadership through the 2008 financial crisis.
Sleep Science Challenges the 8-Hour Myth as Industry Oversells Solutions
Sleep researchers debunk the universal eight-hour sleep recommendation, revealing age-appropriate sleep needs vary significantly. The 'sleep industrial complex' may be profiting from misleading guidance that worsens public health outcomes.
The Executive Leading SpaceX Beyond Elon Musk
A female executive at SpaceX plays a significant operational leadership role independent of Elon Musk's direct involvement, highlighting the company's management structure.
NASA to Select New Headquarters Building by Year-End
NASA plans to select a new headquarters building by year-end, marking a significant administrative transition for the space agency.
US Gaming Industry Rebounds as Player Base Ages to Average 37
The average American video game player is now 37, up from 29 two decades ago, as the industry rebounds to pre-pandemic revenue levels. The shift challenges stereotypes while the ESA emphasizes self-regulation as a model for safety amid regulatory pressure.
Pokemon Company Posts Record Profits on 29% Sales Surge
The Pokemon Company achieved record-breaking financial results with net sales of 531 billion yen (up 29%) and net profit of 120 billion yen (up 70%), driven by strong video game and trading card sales.
Pet Nooks Go Mainstream as Owners Spend Thousands on Dedicated Animal Spaces
UK pet owners increasingly design dedicated nooks and rooms for their animals, from cat bathrooms to rabbit setups costing thousands. The trend, driven by social media and pet behaviorists' advice, reflects how owners treat pets as family members deserving their own spaces.