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The Latest Breaking News from International Business Times

IBT Exclusive: Is Zcash The New Bitcoin? ZEC Potential In 2026

Zcash Has Rallied More Than 1,200% in 2026. Its Winklevoss-Backed Advisor Calls That "Background Noise."

International Business Times

U.S. Factory Output Picks Up In April As Auto Production Surges Amid Supply Risks

Factory production posted a solid monthly increase in April, underscoring resilience in the U.S. industrial sector even as external risks weigh on the outlook.

International Business Times

Kash Patel Took 'VIP Snorkel' Trip Around USS Arizona Memorial While In Hawaii On Official Business: Report

FBI Director Kash Patel snorkeled around the sunken USS Arizona while on a trip to meet with local law enforcement last year, according to an new report.

International Business Times

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Trump Expected To Drop $10 Billion IRS Lawsuit For $1.7 Billion Fund For Allies

President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for a proposed $1.7 billion compensation fund for allies who say the Biden administration wrongfully targeted them.

International Business Times

China Has Agreed To Buy U.S. Oil, Trump Says: 'We Have Unlimited Energy'

China has agreed to buy U.S. oil, President Donald Trump said, as a substantial amount of Iranian exports to the Asian giant continue to be blocked by Washington's blockade of the key waterway.

International Business Times

Kevin O'Leary's Wild Spy Theory Mocked by Data Center Opponents

Utah activists mock Kevin O'Leary after he accuses their group of being Chinese operatives opposing his $100 billion data center project.

International Business Times

Oil Prices Climb As Strait Of Hormuz Remains Closed, Iran Says It 'Cannot Trust The Americans At All'

Oil prices are rising again on Friday as the Strait of Hormuz remains closed and a top Iranian official said the country "cannot trust the Americans at all."

International Business Times

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Starbucks To Cut Hundreds Of Corporate Jobs As Part Of Push To 'Return The Company to Durable Profitable Growth'

Starbucks announced on Friday that it will cut 300 corporate jobs in the U.S. and shut down some regional support offices as part of a push to "return the company to durable, profitable growth."

International Business Times

Oklahoma Sues Roblox, Claims It's A 'Hunting Ground For Child Predators'

Oklahoma filed a lawsuit against Roblox, the popular online game used by millions of children, claiming it is a "hunting ground for child predators."

International Business Times

Global Economy Faces Nearly $1 Trillion Hit From Extreme Weather

A new global analysis highlights significant financial exposure tied to extreme weather across corporate and public systems, with major losses concentrated in key industries and infrastructure networks.

International Business Times

UAE To Speed Up Construction Of a New Pipeline As Hormuz Strait Remains Closed

The UAE will speed up the construction of a new oil pipeline to bypass the Strait of Hormuz, which remains closed as hostilities between the U.S. and Iran continue.

International Business Times

U.S. Cancels Plan To Deploy Thousands Of Additional Troops To Poland

The Pentagon has cancelled plans to deploy 4,000 additional troops to Poland while moving forward with the withdrawal of thousands more from Germany.

International Business Times

Vitalik Buterin Moves ETH Holdings As On-Chain Transfers Continue

On-chain tracking shows repeated ETH movements linked to Buterin-controlled wallets as Ethereum markets and DeFi metrics reflect uneven liquidity trends.

International Business Times

CIA Director Travels To Cuba As Washington Continues To Put Pressure On Havana

CIA Director John Ratcliffe traveled to Cuba to meet with intelligence officials and Raul Rodriguez Castro, grandson of former leader Raul Castro.

International Business Times

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International Business Times

Cuba's Raúl Castro Could Face U.S. Charges Over 1996 Brothers To The Rescue Attack: Report

The reported indictment effort centers on the deaths of four men after Cuban fighter jets shot down two civilian aircraft near Cuban airspace in 1996.

International Business Times

Trump, Xi Wrap Up Beijing Summit With Few Breakthroughs As Iran War Overshadows Trade Talks

Trump described the summit as productive and said the two governments had made progress on trade and security discussions. Xi, meanwhile, used the visit to present China as a central diplomatic power.

International Business Times

OpenAI Jury To Begin Deliberations Monday as Judge Weighs Altman Removal and $500B Restructure Reversal

A nine-person jury in Oakland will begin deliberating Monday on whether OpenAI CEO Sam Altman and president Greg Brockman violated charitable-trust law when they converted the nonprofit AI lab they co-founded with Elon Musk into a $500-billion for-profit corporation.

International Business Times

Who Is Gautam Adani, India's Richest Man? Billionaire Accused in $265 Million Bribery Case Now Nearing DOJ Deal

Indian billionaire Gautam Adani may soon see US fraud and bribery charges dropped, as federal authorities consider dismissing the case. The Adani Group denies wrongdoing, citing jurisdictional issues.

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International Business Times

Kash Patel's 'VIP Snorkel' Scandal Erupts After Leaks Allege He Joined Luxury USS Arizona Tour While on Duty

Kash Patel's extended stay in Hawaii, involving a controversial VIP snorkel at the USS Arizona, has sparked scrutiny over his use of official travel and government resources.

International Business Times

Meta Launches Incognito AI Chat Days After Removing Instagram Encryption

Meta launched Incognito Chat with Meta AI on May 13, 2026, five days after quietly removing end-to-end encryption from Instagram direct messages — a sequence that digital-rights group the Electronic Frontier Foundation called a broken promise.

International Business Times

OpenAI Launches Daybreak the Same Day Google Confirmed the First AI-Built Zero-Day Attack

On May 11, the same day Google's Threat Intelligence Group disclosed the first confirmed case of attackers using AI to build a zero-day exploit, OpenAI launched Daybreak, a new agentic cybersecurity platform that embeds its GPT-5.5 models and Codex Security engine directly into the software development lifecycle.

International Business Times

Pentagon Gatekeeper's Name Inside the DoD Finally Exposed as Congress Blocked From UFO Facility

A researcher claims a Pentagon official acts as a 'gatekeeper' for UFO information, sparking debate over transparency and control within the US government.

International Business Times

Cisco Eliminates 4,000 Jobs on the Same Day It Reports $15.8B Record Revenue, Blaming AI Pivot

Cisco CFO Mark Patterson said the restructuring was "not a savings-driven" exercise, calling it instead a rapid reallocation of resources toward silicon, optics, security, and AI.

International Business Times

Trump Aggressively Buys the Dip in Q1 With Over 3,600 Trades; $1M+ Positions in Nvidia, Apple, Oracle

US President Donald Trump strategically executed 3,642 stock trades in Q1, achieving significant returns. Explore his investments in major companies like Nvidia, Microsoft, and Amazon amidst market fluctuations.

International Business Times

POET Technologies and Lumilens Secure $50M Deal to Replace Copper Wires With Light Inside AI Data Centers

Under the deal, the two companies will co-develop wafer-level photonic modules that replace electrical signals with light, promising lower power draw and higher bandwidth density for the AI facilities that train and run the models consumers use daily.

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