Business

PARIS (AP) — French prosecutors have launched a police investigation into alleged data tampering and fraud involving X, Elon Musk’s social media platform. The Paris prosecutor’s office, in a statement Friday, announced the opening of the investigation, and said that a branch of the French gendarmerie is conducting the inquiry. The investigation is looking into two alleged offenses “in particular” …

This week, bitcoin hit a new all-time-high (above $118K) on the back of strong ETF flows and at least $280 million in new bitcoin treasury investments. Treasury projects are also cropping up for Ethereum and Solana. Notably, Joseph Lubin’s SharpLink ETH treasury bought 10,000 ETH for that project, and Bitmine announced plans to raise $2 billion for more ETH buying. …

OpenAI’s deal to buy Windsurf is off, and Google will instead hire Windsurf CEO Varun Mohan, cofounder Douglas Chen, and some of Windsurf’s R&D employees and bring them onto the Google DeepMind team, Google and Windsurf announced Friday. Mohan and the Windsurf employees will focus on agentic coding efforts at Google DeepMind and work largely on Gemini. Google will not …

S.E.C. Accuses Prominent Georgia Republican of Running Ponzi Scheme  The New York Times SEC accuses GOP-linked Georgia lender of $140M Ponzi scheme  AJC.com Georgia Republican apologizes for $140M Ponzi scheme as judge freezes assets  AP News Georgia man accused by SEC of perpetrating Ponzi scheme says he takes ‘full responsibility’ for his actions  Fox News SEC charges Georgia lending firm in $140M Ponzi scheme  FOX …

By GERMANIA RODRIGUEZ POLEO, CHIEF U.S. REPORTER Published: 19:26, 11 July 2025 | Updated: 20:37, 11 July 2025 The Pentagon has sparked fears of an upcoming World War after it bought $400million in rare earth materials stock that are key to military weapons. The purchase means the Defense Department will now be the largest shareholder in MP Materials, America’s only …

Key takeaways BNB chain burnt 1.59 million tokens and has removed over 30% of the supply since 2022. But is it enough to push the BNB price to $800?  BNB chain has burned 1,595,599.78 Binance [BNB] tokens worth $1 billion as part of its quarterly disinflation program.  Per the network, this was the 32nd burn, and over 60.7 million tokens …

What two new market moves say about U.S. rare earth minerals  Axios The Pentagon is taking a big stake in a rare earth mining company, sending the stock up 60%  Business Insider Pentagon to become rare earth mining company’s largest stockholder  Washington Technology Australian rare earth stocks soar on MP Materials’ multi-billion US deal  Reuters Pentagon to Take Stake in Rare-Earth Company, Challenging China’s …

If you’re over seeing what you could buy on Amazon but still want to shop good sales, this is the story for you. We’ve hunted the web for all the sales going on with small businesses we love, ranging from outdoor pizza ovens to the best iPhone accessories, and even some local bookstores. Shop all the sales below that are …

A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023.  Kevin Lamarque | Reuters The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday. With government red ink swelling throughout the year, last month saw …

Cognition’s AI coding agent Devin has scored a major customer: Goldman Sachs, the bank’s CIO, Marco Argenti, told CNBC. “We’re going to start augmenting our workforce with Devin, which is going to be like our new employee,” Argenti told the outlet, adding that it plans to roll out hundreds of instances of Devin, potentially growing to thousands. The bank currently …