Month: April 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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
Trump’s memecoin dinner contest earns insiders $900,000 in two days
WASHINGTON – President Donald Trump and his allies have raked in nearly $900,000 in trading fees over the past two days from the president’s $TRUMP cryptocurrency token, according to Chainalysis, a blockchain data company. The surge came after a Wednesday announcement in which the top 220 holders of the token were promised dinner with the […]
Read More
U.S. Education Dept investigates UC Berkeley’s foreign funding disclosures
Demonstrators at UC Berkeley rally to support the Freedom to Speak, Freedom to Teach, and Freedom to Learn, For Everyone, at Sproul Plaza in Berkeley, Calif. on Wednesday, March 19, 2025. Santiago Mejia | Hearst Newspapers | Getty Images The U.S. Department of Education launched an investigation into the University of California, Berkeley’s foreign funding […]
Read More
SEC Chair Atkins says crypto innovation ‘has been stifled’ as regulators push for change
Securities and Exchange Commission Chairman Paul Atkins speaks to reporters after giving opening remarks at a roundtable with the SEC’s Crypto Task Force at the Securities and Exchange Commission headquarters on April 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images WASHINGTON — SEC Chair Paul Atkins said on Friday that innovation in the […]
Read More
Trump meme coin insiders have to wait additional 90 days before they can sell
A cartoon image of US President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 displayed at a Coinhero store in Hong Kong, China, on in Hong Kong, China, on Thursday, Dec. 5, 2024. Justin Chin | Bloomberg | Getty Images WASHINGTON — President Donald Trump will have to wait another […]
Read More