live U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Don...
Microsoft is reportedly in advanced negotiations to revise its agreement with OpenAI, aiming to maintain access to the startup’s cutting-edge AI technology even if OpenAI achieves artificial general intelligence (AGI), according to Bloomberg News, which cited sources familiar with the matter.
Under the current contract, Microsoft could lose certain rights to OpenAI’s most advanced tools once AGI is declared. The two companies are now working on updated terms that would allow Microsoft continued use of OpenAI’s latest models and innovations regardless of that milestone.
Talks have been ongoing for months and are progressing, with a potential agreement expected within weeks. Both Microsoft and OpenAI declined to comment when contacted by Reuters.
The discussions also relate to OpenAI’s shift toward becoming a public-benefit corporation, a move that requires Microsoft’s approval. Negotiations have included a review of Microsoft’s future equity stake in the AI firm. Reports from The Information last month highlighted tensions between the two companies over the AGI clause.
Meanwhile, OpenAI is also facing legal action from co-founder Elon Musk, who accuses the company of abandoning its original nonprofit mission in favour of commercial interests.
The timing is notable, as Microsoft is set to announce its earnings for the June quarter on Wednesday. Its partnership with OpenAI remains a major focus, especially as OpenAI seeks additional cloud resources from rivals such as Google, Oracle, and CoreWeave.
The 4th Shusha Global Media Forum will bring together nearly 160 media leaders, experts and officials from 54 countries in Azerbaijan's historic city of Shusha on 13-14 July, to discuss journalism’s role in peacebuilding, restoring public trust and tackling challenges.
Typhoon Bavi, the strongest storm to hit the eastern coast of mainland China this year, brought heavy rain, strong winds, flooding and landslides after making landfall in Zhejiang province on Sunday. More than 2.8 million people were evacuated to safety ahead of the storm.
President Ilham Aliyev is holding his annual question-and-answer session with international journalists at the 4th Shusha Global Media Forum in Azerbaijan.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13th of July, covering the latest developments you need to know.
China has approved fast-fashion retailer Shein's long-awaited initial public offering (IPO) in Hong Kong, clearing the way for the company to pursue a stock market listing after previous attempts in the U.S. and London failed.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
A Swedish court has ordered Alphabet-owned Google to pay about $1.5 billion in antitrust damages to price comparison platform PriceRunner, in one of Europe's largest competition-related awards against a major technology company.
U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
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