BusinessEnergy Policy

Australia Considers US Critical Minerals Deal with $777 Million Rare-Earth Fund

Australia is exploring minimum prices for critical minerals and a A$1.2 billion strategic fund as part of potential US partnership. The proposal includes government-backed loans and direct investment in rare-earth projects to strengthen supply chains.

Australia is actively considering establishing minimum prices for critical minerals and investing in new rare-earth projects as part of a potential comprehensive resources agreement with the United States, according to a leaked government brief reported by The Age. The proposed partnership includes creating a A$1.2 billion ($777 million) strategic minerals reserve and implementing price floors to protect Australian producers from market volatility while securing essential supply chains for both nations.

Strategic Minerals Partnership Details

Assistive TechnologyDefense

US Defense Tech Leaders Push Reindustrialization Amid China Competition

Defense technology executives from Anduril, Palantir, and Vannevar emphasize the urgent need for American reindustrialization to compete with China. The discussion comes as President Donald Trump threatens fresh tariffs on Chinese imports. Industry leaders see rebuilding US manufacturing as critical for national security.

Defense technology leaders are calling for urgent reindustrialization of America’s manufacturing base as competition with China intensifies and the Trump administration considers new tariffs. During a special broadcast from Costa Mesa, California, Bloomberg Tech hosts Caroline Hyde and Ed Ludlow spoke with executives from leading defense firms about the strategic imperative to rebuild domestic production capabilities.

Anduril Leadership on Defense Technology Competition

Assistive TechnologyDesktop CustomizationDigital Video

Apple Discontinues Clips Video Editing App Support

Apple has officially discontinued support for its Clips video editing application, removing it from the App Store and ceasing future updates. The app will remain functional for existing users until at least October 2025. Users should preserve their videos directly to their Photos library to prevent potential data loss.

Apple has officially ended support for its Clips video editing application, marking the conclusion of an eight-year run for the social media-focused creative tool. The company has removed the app from the App Store and confirmed it will no longer receive updates, though existing installations will continue to function for the time being. This decision reflects Apple’s evolving strategy in the competitive video editing software landscape.

Clips App Development Timeline and Features

AppleAssistive TechnologyHandhelds

** Apple Seeks Default Judgment Against Jon Prosser in iOS 26 Leak Lawsuit

** Apple has requested a default judgment against Jon Prosser for failing to respond to its lawsuit over iOS 26 trade secret leaks. Meanwhile, co-defendant Michael Ramacciotti’s deadline to respond has been extended to October 17. Learn the details. **CONTENT:**

In a significant development in the Apple lawsuit against Jon Prosser over iOS 26 leaks, Apple’s legal team has filed for a default judgment after Prosser failed to respond to the complaint. The case, which also involves Michael Ramacciotti, centers on alleged theft of trade secrets related to Apple’s upcoming operating system, including the Liquid Glass design revealed months before its official announcement.