Author: OMN AI

Strong demand for the iPhone 17 boosted Apple’s revenue in the July–September quarter, closing its fiscal year with record profits. The company reported higher-than-expected results despite trade tensions and fierce competition in artificial intelligence. Apple CEO Tim Cook announced a record September-quarter revenue of $102.5 billion, including all-time highs for iPhone and Services. Driven by iPhone sales, Apple earned $27.5 billion in profit, nearly double last year’s figure. Investors responded quickly, sending shares up 2% in extended trading. Apple refreshed its iPhone design with a “liquid glass” display while keeping prices stable despite $1.1 billion in tariffs on U.S.-bound devices…

US President Donald Trump and Chinese leader Xi Jinping met for the first time in six years, reviving hopes that the world’s two largest economies might ease their strained relationship. Trump described the talks in South Korea as “amazing,” while Beijing said both sides had reached a consensus to address “major trade issues.” Relations have been tense since Trump began imposing tariffs on Chinese imports, prompting Beijing’s swift retaliation. Although a temporary truce was agreed in May, friction between the two powers remained strong. The meeting ended without a formal trade deal but suggested fresh movement toward compromise. Behind the…

Human Rights Watch urged Friedrich Merz to denounce Turkey’s repression of the opposition and the detention of Istanbul Mayor Ekrem İmamoğlu. During his first official visit to Ankara, German Chancellor Merz called for a deeper strategic alliance between Europe and Turkey to face global challenges. He spoke beside Turkish President Recep Tayyip Erdoğan, days after Turkey and the UK sealed a multibillion-euro deal for 20 Eurofighter Typhoon jets. Germany, part of the consortium that produces the jets, recently ended its long opposition to exporting them to Turkey. Reports also indicated German support for Turkey’s involvement in the €150 billion Security…

A rare spider thought to be extinct in the UK has been rediscovered on the Isle of Wight, delighting conservationists. The Aulonia albimana, now nicknamed the white-knuckled wolf spider for its pale leg joints and the tense search that found it, was spotted at the National Trust’s Newtown national nature reserve — an area only reachable by boat. The tiny orange-legged spider, last seen in 1985, was discovered by entomologists Mark Telfer and Graeme Lyons with just minutes left before their pickup. “To find a species thought lost for 40 years is thrilling,” said Telfer. The rediscovery was made in…

Millions dependent on SNAP could lose aid as legal dispute unfolds. The Trump administration has informed a federal court that, despite having billions of dollars available, it cannot deploy those funds to prevent impending reductions to the Supplemental Nutrition Assistance Program. Officials explained that roughly $5 billion remains in a Department of Agriculture contingency account but claimed that budget rules restrict its use to natural disasters, not to covering routine SNAP payments, which total about $9 billion monthly. The statement came as a prolonged government shutdown raises fears of a nationwide halt in food aid. States Challenge the Administration’s Position…

A recent report shows that U.S. business activity, including manufacturing and services, expanded in October at the second-fastest pace this year. Analysts say this reflects ongoing economic resilience. The growth comes amid steady consumer demand, increased investment, and technology adoption across industries. Companies are responding positively to market conditions, driving both production and service expansion. Manufacturing output rose, fueled by higher orders for goods and improving supply chains. The services sector also showed solid growth, led by technology, healthcare, and professional services. Experts note that simultaneous growth in manufacturing and services indicates balanced economic momentum. Businesses are not only producing…

A major Microsoft outage on Wednesday sent shockwaves through the digital world, knocking offline some of the most used websites and services. Platforms including Heathrow Airport, NatWest, and Minecraft went dark for several hours before technicians restored them later that evening. Millions of users were left unable to work, bank, or play online. Thousands report breakdowns worldwide Outage tracker Downdetector recorded a surge of reports as websites froze and apps failed to load. Users struggled to send emails, log into accounts, or complete online transactions. Microsoft confirmed that its Microsoft 365 users experienced serious delays with Outlook and other services.…

Los Angeles FC star Son Heung-min has become Major League Soccer’s second-highest-paid player, earning $10.4m in salary and $11.2m in total compensation, according to new figures. The South Korean forward joined LAFC in August after 10 years at Tottenham and quickly impressed with nine goals in 10 matches. Only Lionel Messi earns more, with $12m in salary and $20.4m in total compensation from Inter Miami. Messi’s teammate Rodrigo De Paul earns $1.5m annually, while other top summer arrivals include Hirving “Chucky” Lozano ($7.6m total), Jonathan Bamba ($5.6m), Wilfried Zaha ($2.8m), and Thomas Müller ($1.4m).

Several U.S.-based technology companies announced new products, certifications, and partnerships on October 28, highlighting progress in AI and digital innovation. Press releases from multiple firms detailed launches ranging from Edge AI platforms to AI workflow tools. These product announcements show that companies are actively moving forward, not just planning future initiatives. Industry experts say this signals confidence in the tech sector and a commitment to delivering real-world solutions. The Edge AI platforms introduced focus on processing data closer to devices, which can reduce latency, improve performance, and enhance security. Companies believe this technology will support industries such as manufacturing, healthcare,…

More than 300 stakeholders are backing a “clean” Continuing Resolution (CR) to reopen the U.S. federal government. A clean CR is a short-term funding bill without policy riders, designed to maintain government operations while avoiding partisan disputes. The coalition includes advocacy groups, business leaders, and policy experts. Their support demonstrates broad non-partisan agreement on the importance of stable government funding. Lawmakers hope the measure will reduce the risk of a shutdown and improve confidence in federal operations. Continuing Resolutions are essential when annual appropriations bills are delayed. Without a CR, agencies may face closures, staff furloughs, and interruptions in essential…