TNW News : Business

Won-Jin Lee, a marketing veteran, takes over the Visual Display business after a quarter of declining TV profits. His predecessor moves to AI and robotics. Samsung Electronics has changed the head of its television business for the first time in more than two years, an unusually direct admission that something is not quite right at […]

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Skydio, the largest American drone manufacturer, announced in late April that it would invest $3.5 billion over five years to expand US drone production, open a factory five times larger than its current facility, create more than 2,000 direct jobs and 3,000 supplier jobs, and build a domestic component supply chain through an initiative it […]

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  Sam Altman posted on X at 2:33 a.m. on 2 May: “you can sign in to openclaw with your chatgpt account now and use your subscription there! happy lobstering.” The announcement, delivered with the casual register of a founder pushing a minor product update, is anything but minor. OpenAI has made its ChatGPT subscription […]

TNW News : Politics

Tesla is now selling Chinese-made Model 3 sedans in Canada at the lowest price the car has ever been offered in the country. The Model 3 Premium RWD, manufactured at Giga Shanghai, starts at C$39,490, roughly US$29,000. Two months ago, the cheapest Model 3 available in Canada was the Long Range AWD built at Tesla’s […]

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The Academy of Motion Picture Arts and Sciences announced new eligibility rules on 2 May for the 99th Academy Awards, and the two that matter most are about seven words each. Acting nominations will be limited to roles “demonstrably performed by humans with their consent.” Screenplays must be “human-authored.” Producers will be required to sign […]

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The Grok iOS app now contains a placeholder that reads “Grok Voice mode coming soon to CarPlay.” It is a single line of interface text, and it means that Elon Musk’s AI chatbot is about to follow ChatGPT and Perplexity onto the car dashboards of every iPhone user in the world. The car, it turns […]

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At 2:59 a.m. Eastern Time on 3 May, a SpaceX Falcon 9 rocket launched from Vandenberg Space Force Base carrying 45 satellites, three of which belonged to Planet Labs. Pelicans 7, 8, and 9 are the latest additions to Planet’s next-generation constellation of high-resolution Earth observation satellites, bringing the Pelican fleet to nine spacecraft. Each […]

TNW News : Business

On the morning of 1 May, staff at DJI’s flagship retail store in Beijing’s Guomao business district began clearing drones from the shelves. The Neo, the Mavic, the Mini, every model that had made DJI the most dominant consumer electronics brand in its category, all of it pulled from display. The store was not closing. […]

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Kennan Frost dropped out of college, worked as an engineer at Pinterest, had a panic attack, quit, applied to Y Combinator in 2020, and by his own account failed his way through the programme until a pivot to subscription payments changed everything. Five years later, on 30 April 2026, the company he built, Skio, was […]

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Amazon reported first-quarter 2026 net sales of $181.5 billion, a 17 per cent increase year on year that exceeded analyst estimates by more than $4 billion. Net income reached $30.3 billion, nearly doubling from $17.1 billion in the same period last year. Earnings per share came in at $2.78, crushing the $1.64 consensus. AWS revenue […]