gsmudger/iStock Editorial via Getty Images A military transport aircraft operated by Colombia crashed shortly after takeoff Monday in the country’s southern Amazon region, Reuters reported Monday, citing authorities. More than 50 people were said to have survived. Defense Minister Pedro Sanchez said the aircraft went down near Puerto Leguizamo, close to the Peruvian border, while carrying troops. ...
gsmudger/iStock Editorial via Getty Images A military transport aircraft operated by Colombia crashed shortly after takeoff Monday in the country’s southern Amazon region, Reuters reported Monday, citing authorities. More than 50 people were said to have survived. Defense Minister Pedro Sanchez said the aircraft went down near Puerto Leguizamo, close to the Peruvian border, while carrying troops. The number of casualties and the cause of the crash were not immediately confirmed. Two military sources told Reuters that 57 individuals were pulled alive from the wreckage. Local media reported that about 110 soldiers had been on board and that the crash occurred a few kilometers from a populated area. Video from the scene showed heavy smoke rising from the site. President Gustavo Petro said he hoped there were no fatalities and criticized delays in military modernization efforts, warning that administrative obstacles were putting lives at risk. The aircraft involved was a Lockheed Martin ( LMT ) C-130 Hercules, a model in service since the 1950s and used by Colombia for decades, including through refurbished units obtained from the United States. Details about the specific plane involved were not immediately available. The incident follows a separate C-130 crash in Bolivia in February that killed more than 20 people. More on Lockheed Martin The Shahed Drone War Is Creating A Missile Defense Supercycle For Lockheed Martin Lockheed Martin: The Upside Is Already Priced In Lockheed Martin: Operationally Strong, Valuation Fully Priced - A Textbook Hold For 2026 U.S. Army receives Black Hawk variant equipped with autonomy system for testing Lockheed Martin, Polish firm to establish Apache sensor repair hub in Łódź
Adeia NASDAQ: ADEA CEO Paul Davis outlined the company’s evolution since its separation from Xperi in October 2022, highlighting a strategy centered on research and development, patent licensing, and what he described as an expanding opportunity set across both media and semiconductors. Davis spoke during a fireside chat with Roth analyst Scott Searle at the Roth 30th Annual Conference. Get Adeia ...
Adeia NASDAQ: ADEA CEO Paul Davis outlined the company’s evolution since its separation from Xperi in October 2022, highlighting a strategy centered on research and development, patent licensing, and what he described as an expanding opportunity set across both media and semiconductors. Davis spoke during a fireside chat with Roth analyst Scott Searle at the Roth 30th Annual Conference. Get Adeia alerts: Sign Up Business model and patent portfolio growth Davis described Adeia as a technology R&D company that primarily monetizes its inventions through patent licensing. He said the company’s portfolio is anchored in two main areas: media (with legacy roots from TiVo and Rovi) and semiconductors (stemming from technologies including Tessera and Ziptronix). He emphasized that invention is “at our core” and pointed to growth in the company’s patent holdings since the split. Davis said Adeia had about 9,500 patent assets at separation and has grown that figure to approximately 13,750 patent assets. Media remains the revenue base as mix shifts away from pay TV While much of the investor focus has shifted to semiconductors, Davis said media still represents “over 90%” of Adeia’s revenue today. Within media, he said the pay-TV portion has been shrinking and is projected to represent about 35%–40% of total revenue this year, down from being the bulk of media revenue at the time of separation. Davis said this shift was anticipated and that Adeia has been working to diversify media licensing into OTT and adjacent markets. He cited an Amazon OTT deal signed at the end of 2024 as a major “proof point,” adding that the company had smaller OTT licensees earlier, including Starz and DAZN. Davis also discussed a litigation-driven path to licensing in OTT, noting that Adeia filed litigation against Disney roughly a month before the Amazon deal and later reached a licensing agreement with Disney in December, about 13 months after filing. When asked for examples of media IP, Davis point...
Key Points A five-star Wall Street analyst just reiterated his Buy call on TeraWulf and his price target implies something investors may not be expecting.The bitcoin mining stock carries a consensus rating that virtually no analyst on Wall Street disagrees with right now.Here's why one top-ranked ...
Key Points A five-star Wall Street analyst just reiterated his Buy call on TeraWulf and his price target implies something investors may not be expecting.The bitcoin mining stock carries a consensus rating that virtually no analyst on Wall Street disagrees with right now.Here's why one top-ranked ...
Donald Trump has said he is postponing strikes on Iranian power plants for a five-day period, extending a deadline he gave the regime to open the strait of Hormuz. The US president had threatened to ‘obliterate’ Iran’s power plants, while Tehran said in return it would ‘irreversibly destroy’ essential infrastructure across the Middle East, including vital water systems, in the conflict’s latest es...
Donald Trump has said he is postponing strikes on Iranian power plants for a five-day period, extending a deadline he gave the regime to open the strait of Hormuz. The US president had threatened to ‘obliterate’ Iran’s power plants, while Tehran said in return it would ‘irreversibly destroy’ essential infrastructure across the Middle East, including vital water systems, in the conflict’s latest escalation. The war in the Middle East is now in its fourth week as Trump declares the US and Iran had ‘good and productive conversations’, but what could come next? Lucy Hough speaks to the Guardian’s diplomatic editor, Patrick Wintour Continue reading...
What Happened? Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 4.4% in the afternoon session after the Pentagon designated its Maven AI system as a 'program of record' and the company secured a new trial contract with the UK's Financial Conduct Authority. The 'program of record' designation was a significant step, moving the AI weapons-targeting platform from a pilot pr...
What Happened? Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 4.4% in the afternoon session after the Pentagon designated its Maven AI system as a 'program of record' and the company secured a new trial contract with the UK's Financial Conduct Authority. The 'program of record' designation was a significant step, moving the AI weapons-targeting platform from a pilot program to a permanent, budget-backed fixture across all U.S. military branches. This change formalized the long-term adoption of the system, ensuring dedicated funding and embedding Palantir's technology deeper into core defense operations. Further boosting investor confidence, the UK's Financial Conduct Authority awarded Palantir a three-month contract to apply its Foundry platform to improve fraud detection. The development reinforced the view that Palantir continued to widen its footprint with government customers. Positive commentary from Wedbush, which reiterated its 'outperform' rating, also contributed to the bullish sentiment. After the initial pop the shares cooled down to $157.17, up 4.3% from previous close. Is now the time to buy Palantir Technologies? Access our full analysis report here, it’s free. What Is The Market Telling Us Palantir Technologies’s shares are extremely volatile and have had 33 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 21 days ago when the stock gained 6.9% on the news that investor appetite for defense-linked artificial intelligence companies grew amid escalating geopolitical tensions in the Middle East. The conflict involving the U.S. and Iran turned attention toward companies with significant government and defense operations. As a key supplier of AI software to the U.S. government, Palantir was viewed as a potential beneficiary of increa...
Under his government's new measures, the nationwide restrictions are to be policed by the petrol stations themselves, with employees required to make sure that customers do not stock up on more than the allowed amount of fuel.
Under his government's new measures, the nationwide restrictions are to be policed by the petrol stations themselves, with employees required to make sure that customers do not stock up on more than the allowed amount of fuel.
Sankey Research President and Oliver Wyman Oil and Gas Adviser Paul Sankey discusses energy prices and the risks of a Strait of Hormuz disruption amid the Iran war with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
Sankey Research President and Oliver Wyman Oil and Gas Adviser Paul Sankey discusses energy prices and the risks of a Strait of Hormuz disruption amid the Iran war with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
Apple Inc. announced plans to hold its annual Worldwide Developers Conference from June 8 to June 12, when the company is poised to unveil a make-or-break collection of AI features. “WWDC26 will spotlight incredible updates for Apple platforms, including AI advancements and exciting new software and developer tools,” the company said in a statement Monday. An in-person keynote event will kick off ...
Apple Inc. announced plans to hold its annual Worldwide Developers Conference from June 8 to June 12, when the company is poised to unveil a make-or-break collection of AI features. “WWDC26 will spotlight incredible updates for Apple platforms, including AI advancements and exciting new software and developer tools,” the company said in a statement Monday. An in-person keynote event will kick off the conference on June 8 at Apple’s headquarters in Cupertino, California. This year’s WWDC will be a pivotal one: The iPhone maker needs to stage a comeback in artificial intelligence, and that effort will begin with the introduction of the iOS 27 operating system that week. As part of the push, Apple is revamping its Siri voice assistant to provide a more chatbot-like interface, Bloomberg News has reported . The company also is preparing an under-the-hood cleanup of its operating systems, which in some cases have become bloated and buggy. Read More: Apple iOS 27 to Be No-Frills ‘Snow Leopard’ Update, Other Than New AI The WWDC gathering is typically a software-focused showcase, but the company has used the event to debut new hardware in the past. In 2023, for instance, Apple unveiled the Vision Pro headset. This year’s event isn’t expected to include any blockbuster new device announcements, though. The company typically follows up on WWDC with launches of new hardware in the fall, including iPhone introductions in September and new types of Macs or other products in October. Later this year, Apple plans to debut a foldable iPhone, the iPhone 18 Pro line and an upgraded MacBook Pro with a touch screen, Bloomberg has reported. Read More: Apple’s Foldable iPhone to Have iPad-Like Interface When Opened While Apple used to hold in-person sessions for developers to get deep dives on new features, the company moved to an online setup in 2020 due to Covid-19. That approach will continue this year, allowing Apple to reach more software creators. “WWDC is one of the most exciting ...
MPs have urged the government to halt its latest contract with Palantir, after the Guardian revealed the US spy-tech company is to gain access to a trove of highly sensitive UK financial regulation data. The Financial Conduct Authority, the watchdog for thousands of financial bodies from banks to hedge funds, has hired Palantir to apply its AI systems to two years’ worth of internal intelligence d...
MPs have urged the government to halt its latest contract with Palantir, after the Guardian revealed the US spy-tech company is to gain access to a trove of highly sensitive UK financial regulation data. The Financial Conduct Authority, the watchdog for thousands of financial bodies from banks to hedge funds, has hired Palantir to apply its AI systems to two years’ worth of internal intelligence data to help it tackle financial crime. But the Liberal Democrats on Monday called for a government investigation into the contract, which the party said could be “a huge error of judgment”, while the Green party said it should be blocked over Palantir’s links to Donald Trump. Questioned on whether the UK was becoming “dangerously overreliant” on US tech companies including Palantir, the prime minister, Keir Starmer, told parliament he would prefer to have more domestic capability but added: “I don’t think we’re overreliant.” Palantir was founded by the Donald Trump-backing billionaire Peter Thiel and it supports the US and Israeli militaries and the ICE immigration crackdown. In the UK it has built up more than £500m in contracts including with the NHS, police and Ministry of Defence. Insiders at the FCA, where security-cleared Palantir staff are to gain access to FCA data in a 12-week trial, have questioned if there are sufficient safeguards to prevent its “data lake” from being exploited in unintended ways. There are concerns about the potential for data about sensitive FCA investigations into high-profile figures to be accessed during Palantir’s work. These have recently included the banker Jes Staley, who was an associate of Jeffrey Epstein, and the hedge fund boss Crispin Odey. The FCA has insisted that Palantir will be a “data processor”, not a “data controller” – meaning that it could only act on instruction from the regulator. The FCA said it would retain exclusive control over the encryption keys for the most sensitive files and the data would be hosted and stored ...
This article first appeared on GuruFocus. Elon Musk is taking a more aggressive step toward controlling the AI supply chain, outlining plans for a new semiconductor facility in Austin that could reshape how Tesla (NASDAQ:TSLA) sources critical chips. Speaking at an event in Texas, Musk said the proposed Terafab would be jointly operated with SpaceX, starting as an advanced technology fab capable o...
This article first appeared on GuruFocus. Elon Musk is taking a more aggressive step toward controlling the AI supply chain, outlining plans for a new semiconductor facility in Austin that could reshape how Tesla (NASDAQ:TSLA) sources critical chips. Speaking at an event in Texas, Musk said the proposed Terafab would be jointly operated with SpaceX, starting as an advanced technology fab capable of producing and testing a wide range of chips before potentially scaling further. Musk framed the move as a response to what he sees as a gap between accelerating demand for AI compute and the pace of industry supply, suggesting that without building internally, the companies may struggle to secure enough chips for robotics, autonomous driving and broader AI initiatives. The plan, however, remains early and without a defined timeline, highlighting both the ambition and execution risk. Semiconductor fabs typically take years to become operational and require tens of billions of dollars, and Musk has previously indicated the effort would begin at a smaller scale before expanding. Tesla continues to rely on existing partners including Taiwan Semiconductor Manufacturing (NYSE:TSM) and Micron Technology (NASDAQ:MU), alongside an agreement with Samsung (SSNLF) near Austin, but Musk indicated those relationships may not fully meet future demand. The Terafab is expected to eventually target advanced nodes such as 2-nanometer chips and support large-scale compute output, including 100 to 200 gigawatts annually on Earth, with additional ambitions tied to space-based systems. That broader strategy extends beyond Earth. Musk said the facility would produce two categories of chips: edge and inference processors for vehicles, robotaxis and Optimus humanoid robots, and higher-powered chips designed for space applications linked to SpaceX and xAI, which operates as a wholly owned subsidiary following its acquisition. He also outlined a vision for AI data center satellites, including a prot...