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President-elect Donald Trump’s Trump Media & Technology Group is in advanced talks to buy Bakkt, the crypto marketplace backed by the parent company of the New York Stock Exchange, in an all-share deal, the Financial Times reported. Shares of Bakkt surged 162% on Monday after the ...
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The team working at the Social Security Administration appears to be among the largest DOGE units deployed to any government agency. Read more ›
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Tesla said Trump's tariffs could increase costs to manufacture and lead other countries to counter with tariffs on cars and parts. Read more ›
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Dollar General shoppers "have had to sacrifice, even on the necessities," CEO Todd Vasos said Thursday. Read more ›
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Musk’s loyalists at DOGE have infiltrated dozens of federal agencies, pushed out tens of thousands of workers, and siphoned millions of people’s most sensitive data. The next step: Unleash the AI. Read more ›
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Yale University has suspended a law scholar and pro-Palestinian activist after an AI-generated article from Jewish Onliner falsely linked her to a terrorist group. Gizmodo reports: Helyeh Doutaghi, the scholar at Yale Law School, told the New York Times that she is a "loud and proud" supporter of Palestinian rights. "I am not a member of any organization that would constitute a violation of U.S. law." The article that led... Read more ›
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America’s favorite low poly electric truck is facing a new set of problems that don’t have anything to do with people spray painting swastikas or crude comments about Elon Musk on them. Deliveries of the Tesla Cybertruck are on hold while the company addresses issues with reports that the trim is becoming detached and flying […] Read more ›
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Chinese start-up to concentrate resources on building machines with humanlike cognitive capabilities Read more ›
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In late 2023, the FBI alerted the Littleton Electric Light and Water Departments (LELWD) that it had been breached by a Chinese-state-sponsored hacking group for over 300 days. With the help of cybersecurity firm Dragos and Department of Energy-funded sensors, LELWD confirmed the intrusion, identified the hackers' movements, and ultimately restructured its network to remove them. PCMag reports: At the time, LELWD had been installing sensors from cybersecurity firm Dragos... Read more ›
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Sarah Wynn-Williams' memoir "Careless People" uncovers Meta's alleged misconduct, sparking legal action. She shares more detail in a BI interview. Read more ›
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Most of North America has a fantastic chance to view the total eclipse of tonight's full "Worm Moon." Read more ›
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Ben Affleck and Matt Damon have been friends and collaborators for decades. "The Accountant 2" star said he doesn't have that many friends. Read more ›
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Once again, the country is on the brink of a government shutdown. Unless the Republican-controlled Senate passes a spending bill, the government will shut down on Friday at midnight, when last year’s appropriations run out. The House has already passed a bill to fund the government through September on a nearly complete party-line vote. The […] Read more ›
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Trump's threat is the latest escalation in a tit-for-tat exchange of tariffs between the US and the European Union. Read more ›
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President Donald Trump announced recently that roughly half of the Education Department's staff was being cut, amid his contentious plans to axe the department altogether. Read more ›
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The mRNA technology behind coronavirus vaccines is now being used to create bespoke vaccines for cancer patients. Read more ›
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The assignments are the latest twist in the White House's crusade against death-related skullduggery. Read more ›
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While the Tesla Cybertruck is marketed as an off-road monster, real-world tests show it coming up short over and over. Here's why it's not the best option. Read more ›
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On the barren outskirts of Abilene, Texas, traffic had snarled to a crawl: It was shift-change time at Project Stargate, and as several hundred workers drove off the 800-acre site that contains the debut Stargate data center, plumes of dust from the red clay dirt followed the caravan of pickup trucks out of sight. Even without the oxidized haze, no one would’ve had their windows open. On this early evening... Read more ›
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In the new Trump era, Washington and Silicon Valley are increasingly merged together, with scores of the top tech talent decamping for the capital. And in this upended landscape, a new wave of think tanks has emerged as a critical player. Many of them have direct ties to tech through funding and board members, and all are assembling research and policy proposals that would deeply affect the tech industry in... Read more ›
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In early 2023, Nvidia was seeing near-endless demand for its artificial intelligence chips. Cloud computing giants such as Amazon Web Services, Microsoft Azure and Google Cloud were increasing their orders, sending Nvidia’s revenue to new heights. Developers were scrambling to access the chips, which were hard to come by. Then Nvidia made a curious move: It agreed to spend $1.3 billion over four years to rent its own chips from... Read more ›
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Anthropic’s year is off to a good start. Its annualized revenue—a measure of the past month's revenue multiplied by 12—has grown from $1 billion at the end of last year to $1.4 billion as of earlier this month, according to a person who has seen the numbers. In other words, Anthropic is generating more than $115 million a month. That’s roughly the same revenue pace its rival OpenAI reached in... Read more ›
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Mustafa Suleyman wasn’t getting the answers he wanted. Last fall, during a video call with senior leaders at OpenAI and Microsoft, Suleyman—who leads Microsoft’s in-house artificial intelligence unit—wanted OpenAI staffers to explain how its latest model, o1, worked, according to someone present for the conversation and two other Microsoft employees who were briefed on it. He was peeved that OpenAI wasn’t providing Microsoft with documentation about how it had programmed... Read more ›
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ServiceNow is buying AI startup Moveworks for $2.85 billion, the enterprise software firm announced first thing this morning, an effort by ServiceNow to get a jump on agent-powered services. We included Moveworks in our Generative AI Takeover List, which you can see here. And now on to the rest of the column…We’ve written a lot about how investors have warmed to AI applications businesses, in part because of how much... Read more ›
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Uber and Lyft dominate ride-hailing in North America, a position that has helped them turn cash-burning operations into moneymakers. Now Bolt, an Uber rival in Europe and Africa, is trying to undercut the two ride-hailing companies in their home markets. Earlier this year, Bolt started offering ride-hailing services in Toronto and scooter rentals in Washington through the Hopp app. Bolt is using the same playbook that it uses for its... Read more ›
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Manus, a new artificial intelligence agent that has gone viral on social media, announced that it is teaming up with Alibaba Group to offer its service to users in China. Manus, launched last week on an invitation-only basis, has attracted a lot of attention based on a demo video that impressed ... Read more ›
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BNY, the nation’s oldest bank, is expanding the services it handles for stablecoin giant Circle, the latest sign that U.S. banking access for the crypto industry is easing under a friendlier regulatory environment. The bank will allow some clients to send money to and from Circle through BNY for purchase or sale of Circle’s stablecoins, people with knowledge of the development said. Previously, Circle’s clients had to use smaller banks... Read more ›
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President Donald Trump signed an executive order Thursday to establish a U.S. bitcoin reserve and a digital asset stockpile for non-bitcoin tokens, ahead of the first-ever White House crypto summit on Friday. But crypto prices dropped following the announcement, because the stockpile will only ... Read more ›
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13.03.2025 23:38
Last update: 23:15 EDT.
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