Mounting tensions between the US and Iran scuttled a second round of peace talks that were set to happen in Pakistan over the weekend. US President Donald Trump called off his envoys’ trip to Islamabad after saying Iran “offered a lot, but not enough.” Trump faces the choice of escalating ...
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AI stock enthusiasm heats back upAI stock enthusiasm heats back up
AI enthusiasm in equity markets roared back before a crucial week for Big Tech. Following months of underperformance and despite economic turmoil stemming from the Iran war, US tech stocks have rebounded in part because investors have “proved willing to buy anything with an AI label slapped on it,” The ...
Political violence reaches heart of US establishment with press gala shootingPolitical violence reaches heart of US establishment with press gala shooting
The gunman who tried to storm the White House Correspondents’ Dinner was targeting US administration officials, authorities said Sunday citing a manifesto, in the latest instance of political violence to hit Washington. The suspect was fired at and apprehended after sprinting past a security checkpoint, prompting a chaotic scene in ...
Key senator paves way to confirming Trump’s Fed pickKey senator paves way to confirming Trump’s Fed pick
The News US President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, is on track to be confirmed after a key Republican senator said on Sunday he will greenlight the nomination. North Carolina Sen. Thom Tillis’ move came after the the Department of Justice on Friday dropped a ...
‘Lone wolf’ gunman held after Trump evacuated from White House Correspondents’ Dinner‘Lone wolf’ gunman held after Trump evacuated from White House Correspondents’ Dinner
US President Donald Trump was evacuated from the White House Correspondents’ Dinner on Saturday, after witnesses heard multiple loud bangs in the ballroom of the Hilton Hotel in Washington, DC. The US Secret Service said it was investigating a shooting incident and that one individual was in custody. “The president ...
Google CEO says 75% of company’s new code is AI-generatedGoogle CEO says 75% of company’s new code is AI-generated
Google chief Sundar Pichai said 75% of the company’s new code is AI-generated. The trajectory is fast: In 2024 that figure was 25%, rising to 50% last fall. Meta targets similar levels by midyear. Perhaps more startlingly, Pichai said the workflow was now “truly agentic” — rather than engineers giving ...
AIs hunt for signs of intelligent lifeAIs hunt for signs of intelligent life
During a conversation at Los Alamos labs in 1950, physicist Enrico Fermi famously asked why, if the universe is so large, we have never seen any signs of extraterrestrial life. Well, maybe we just needed some GPUs. There is now so much data streaming in from powerful telescopes like the ...
Expect more tech layoffsExpect more tech layoffs
In the past, when tech companies laid off employees, the markets reacted approvingly. Cutting costs means more profit. But in the upside-down world we live in, Microsoft and Meta both suffered on Wall Street Thursday after news of their layoffs broke. Microsoft closed down nearly 4%, while Meta lost more ...
Musk pitches ‘universal high income’Musk pitches ‘universal high income’
Elon Musk wants to give everyone “universal high income.” The new spin on universal basic income is the least he can do, considering how much money AI will make him when his Optimus robots start replacing all human jobs. The concept: Robots and AI will mean a massive increase in ...
Department of Justice drops criminal probe into Fed chair PowellDepartment of Justice drops criminal probe into Fed chair Powell
The Department of Justice has ended its criminal investigation of Federal Reserve Chair Jerome Powell, a move likely to thaw the frozen nomination process of President Donald Trump’s nominee to replace Powell, Kevin Warsh. US Attorney for DC Jeanine Pirro said today the Fed’s inspector general has been asked to ...