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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.

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Google News · Jul 03, 2026

Kroger's $1.65B Giant Eagle deal raises competitive concerns

Kroger's proposed $1.65 billion acquisition of Giant Eagle has sparked scrutiny over potential impacts on grocery prices and market competition in the Midwest, with Pittsburgh and Cleveland emerging as focal points of industry consolidation concerns.

The Straits Times · Jul 03, 2026

TikTok cuts trust and safety jobs for second consecutive year

TikTok has reduced its trust and safety workforce for the second consecutive year, impacting content moderation globally. The company cited reorganization and operational efficiency but did not disclose affected employee numbers.

The Watchers - Watching the world evolve and transform · Jul 02, 2026

Gravitational waves favor lower cosmic expansion rate in Hubble tension debate

Astronomers using gravitational-wave data from a 2017 neutron star merger have produced an independent measurement of cosmic expansion that favors the lower rate predicted by early Universe observations, potentially resolving a decade-long cosmological debate.

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