Day: April 26, 2025
Elon Musk’s xAI Holdings in talks to raise $20 billion, Bloomberg News reports
The X logo appears on a phone, and the xAI logo is displayed on a laptop in Krakow, Poland, on April 1, 2025. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Elon Musk’s xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported Friday, citing […]
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Chinese startup Leapmotor to supply EV platform to state-owned luxury carmaker’s Hongqi brand
Leapmotor has struck a deal with Chinese state-owned automaker FAW to deliver an electric vehicle platform that will be used to drive overseas sales for Hongqi, an emerging national champion, executives from both companies said. The deal brings together an unlikely pairing. Leapmotor, a profitable upstart automaker in China’s crowded EV market, will supply the […]
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Virginia Giuffre, one of Jeffrey Epstein’s most prominent abuse survivors, dies by suicide
Virginia Giuffre, one of the most prominent survivors of Jeffrey Epstein’s sexual abuse, has died by suicide, her family said Friday. Giuffre, 41, died in Neergabby, Australia, where she had been living for several years. Giuffre was one of the earliest and loudest voices calling for criminal charges against Epstein and his enablers. Other Epstein abuse survivors later […]
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UK’s Reeves talks trade with US’s Bessent after stressing EU ties
U.S. Treasury Secretary Scott Bessent takes questions from reporters at the Institute of International Finance (IIF) Global Outlook Forum on sidelines of the IMF and World Bank’s 2025 annual Spring Meetings in Washington, D.C., U.S., April 23, 2025. Elizabeth Frantz | Reuters British finance minister Rachel Reeves met U.S. Treasury Secretary Scott Bessent on Friday to discuss […]
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Administration is restoring international students’ legal statuses while ICE develops ‘framework’ for terminations
The Trump administration is restoring the legal status of international students who had their records terminated in recent weeks, a government attorney said Friday at a hearing. Elizabeth D. Kurlan, an attorney for the Justice Department, said during the hearing in the Northern District of California in Oakland that records for international students will be […]
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Yale classmates warn Trump Treasury Secretary Bessent he risks enabling descent ‘into fascism’
U.S. Treasury Secretary Scott Bessent takes questions from reporters at the Institute of International Finance (IIF) Global Outlook Forum on sidelines of the IMF and World Bank’s 2025 annual Spring Meetings in Washington, D.C., U.S., April 23, 2025. Elizabeth Frantz | Reuters A group of Treasury Secretary Scott Bessent’s classmates at Yale University urged him […]
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