WASHINGTON (AP) — The Senate is poised to pass Donald Trump’s request to cancel about $9 billion in foreign aid and public broadcasting spending, moving forward on one of the president’s top priorities despite concerns from several Republican senators. The legislation, which would go next to the House, would have a tiny impact on the nation’s rising debt but could …
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Meta investors, Zuckerberg square off in $8 billion trial over privacy settlements
WILMINGTON, Del. (AP) — An $8 billion class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former — began Wednesday, with claims stemming from the 2018 privacy scandal involving the Cambridge Analytica political consulting firm. Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users’ personal information would …
Read More »Trump rescinds $4 billion in US funding for California High-Speed Rail project – Reuters
Trump rescinds $4 billion in US funding for California High-Speed Rail project Reuters Trump rescinds $4bn in US funding for California high-speed rail project The Guardian Governor Newsom responds to Trump’s latest gift to China: Defunding America’s only high-speed rail Governor of California (.gov) Trump administration pulls billions in funding for high-speed rail project; state leaders call decision ‘illegal’ Los Angeles Times Trump pulls …
Read More »Couche-Tard scraps $47 billion takeover bid for Japan's Seven & i – Reuters
Couche-Tard scraps $47 billion takeover bid for Japan’s Seven & i Reuters Shares in Japan’s Seven & i plunge 7% after Couche-Tard withdraws $47 billion takeover bid CNBC Alimentation Couche-Tard drops its $46bn pursuit of 7-Eleven owner Financial Times Couche-Tard Abandons $46 Billion Bid to Buy 7-Eleven Owner Bloomberg Canadian Retailer Couche-Tard Abandons Its $47 Billion Bid to Buy 7-Eleven The New York Times Source …
Read More »Couche-Tard Abandons $46 Billion Bid to Buy 7-Eleven Owner – Bloomberg
Couche-Tard Abandons $46 Billion Bid to Buy 7-Eleven Owner Bloomberg Trading in Japan’s Seven & i halted after Couche-Tard withdraws $47 billion bid to acquire the retailer CNBC Couche-Tard scraps $47 billion takeover bid for Japan’s Seven & i Reuters Alimentation Couche-Tard drops its $46bn pursuit of 7-Eleven owner Financial Times Canada’s Couche-Tard drops offer to buy Japanese 7-Eleven convenience stores The Hill Source link
Read More »Scale AI Layoffs Hit GenAI Team After $14 Billion Meta Deal
Scale AI just laid off approximately 200 full-time employees (14% of its 1,400-person workforce) and 500 contractors, according to the company. This comes after Meta invested $14 billion into Scale AI last month as part of a blockbuster AI deal that included the hiring of Scale’s ex-CEO, Alexandr Wang, to lead its new Superintelligence group and the purchase of equity in almost …
Read More »President Trump Announces $92+ Billion in AI, Energy Powerhouse Investments – The White House
President Donald J. Trump’s visit to Pennsylvania yesterday — which showcased an unprecedented $92 billion commitment to cutting-edge AI and energy initiatives — ignited widespread acclaim for the Trump Administration’s vision as the catalyst for unparalleled growth and opportunity. Blackstone President and COO Jon Gray: “I want to start by thanking President Trump for recognizing the importance of American leadership …
Read More »OpenEvidence, the Fastest-Growing Application for Physicians in History, Announces $210 Million Round at $3.5 Billion Valuation
OpenEvidence also announces the wide release of OpenEvidence DeepConsult™—the first AI agent purpose-built for physicians CAMBRIDGE, Mass., July 15, 2025 /PRNewswire/ — OpenEvidence, the most widely used medical search and AI application among verified U.S. clinicians, today announced a $210 million Series B round at a $3.5 Billion valuation. Google Ventures and Kleiner Perkins co-led the Series B round. Sequoia …
Read More »“They’re Feeding It Everything!”: World’s Largest Imaging Project Uploads 1 Billion Scans to Supercharge the Next Generation of AI – Rude Baguette
“They’re Feeding It Everything!”: World’s Largest Imaging Project Uploads 1 Billion Scans to Supercharge the Next Generation of AI Rude Baguette Biggest human imaging study scans 100,000th UK volunteer BBC Full-body scans of 100,000 people could change way diseases are detected and treated | Medical research The Guardian World’s biggest human imaging project reaches new milestone after scanning 100,000th UK volunteer Sky News Husband …
Read More »Senate Republicans divided over looming vote to rescind $9 billion in spending – The Washington Post
Senate Republicans divided over looming vote to rescind $9 billion in spending The Washington Post WATCH LIVE: Senate convenes as Trump rescission package deadline looms PBS Rounds on board with rescissions Politico Will Congress cut funds to NPR/PBS and foreign aid this week? NPR Republicans may slash $9.4bn for public broadcasting and foreign aid in days The Guardian Source link
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