SBS News

Bloomberg: Apple in Talks to Purchase Chips from China's CXMT and YMTC for use in devices sold within China. However, the sources added that negotiations are ongoing and nothing has been finalized. SBS Jul 2, 2026 10:38 AM

Russia Plans to Expand Land Tourism with North Korea via New Bus Route Russia plans to launch a bus route connecting Vladivostok and the Rason Special Economic Zone in North Korea within this year, the U.S.-based North Korea-focused media outlet NK News reported on July 1 , citing Russia's state-run RIA Novosti news agency. SBS Jul 2, 2026 10:37 AM

Warsh: 'Greatest Economic Transformation of Our Lifetime… We Are in the 1st or 2nd Inning of AI Revolution' The European Central Bank annual forum, which concluded in Sintra, Portugal, on July 1 , saw AI emerge as the overwhelming theme that permeated all agendas, including immigration, climate, and supervision, Reuters reported. SBS Jul 2, 2026 9:55 AM

San Francisco Rents Surge 22% Annually as AI Boom Draws Wealthy Residents Housing rents in San Francisco are skyrocketing in the wake of the artificial intelligence boom and a series of major initial public offerings by related companies. SBS Jul 2, 2026 9:55 AM

Meta Explores Cloud Business to Sell Surplus Computing Resources Meta has launched an internal project called Meta Compute and is conceptualizing a cloud business model that utilizes its data center infrastructure, Bloomberg reported on July 1 , citing multiple sources. SBS Jul 2, 2026 9:55 AM

U.S.-Iran End-of-War Talks Stall; Discussions Limited to Maintaining Existing Agreements The two sides, which did not meet face-to-face, limited their discussions to ensuring that previously agreed-upon terms were not violated. SBS Jul 2, 2026 9:36 AM

Artificial Cell Created: Capable of Eating, Growing, Replicating, and Competing Researchers at the University of Minnesota announced the results of their artificial cell system, dubbed SpudCell, on July 1 through BioTick, a U.S.-based non-profit open-source research organization. SBS Jul 2, 2026 8:58 AM

Warsh: "Greatest Economic Transformation of Our Lifetime… We Are in the 1st or 2nd Inning of the AI Revolution" According to a Reuters report, AI was the overwhelming theme that permeated all agendas, including immigration, climate, and supervision, at the European Central Bank Annual Forum on Central Banking, which concluded in Sintra, Portugal, on July 1 . SBS Jul 2, 2026 8:23 AM

"Thinner Than an iPhone": SpaceX Develops AI Device Prototype The Wall Street Journal reported on July 1 that SpaceX showcased a prototype of an AI device in the form of a handset to some investors ahead of a potential initial public offering . SBS Jul 2, 2026 8:19 AM

A Unique Fashion Show Amidst a Heatwave? "Incredible" Captures Attention In Paris, France, where record-breaking heatwaves continue, a unique fashion show that seems to blow the heat away has been captured. SBS Jul 2, 2026 8:13 AM