Day: June 19, 2025
Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO
When Meta CEO Mark Zuckerberg poached Scale AI founder Alexandr Wang last week as part of a $14.3 billion investment in the artificial intelligence startup, he was apparently just getting started. Zuckerberg’s multibillion-dollar AI hiring spree has now turned to Daniel Gross, the CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat […]
Read More
US judge blocks Trump plan to tie states’ transportation funds to immigration enforcement
US President Donald Trump speaks to the press as workers install a large flag pole on the South Lawn of the White House in Washington, DC on June 18, 2025. Brendan Smialowski | Afp | Getty Images A federal judge on Thursday blocked President Donald Trump’s administration from forcing 20 Democratic-led states to cooperate with […]
Read More
Oil prices rise about 3% as Israel vows to intensify attacks on Iran
Smoke blankets the sky above Tehran, Iran, following explosions in the capital after the Israeli army hit Iranian targets, on June 18, 2025. Anadolu | Anadolu | Getty Images Oil prices rose by about 3% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran and investors watched for signs […]
Read More
Trump administration puts new limits on Congress visits to immigration centers
U.S. Department of Homeland Security Secretary Kristi Noem speaks at the Border Security Expo at the Phoenix Convention Center in Phoenix, Arizona, U.S. April 8, 2025. Rebecca Noble | Reuters The U.S. Department of Homeland Security has put new restrictions on visits by members of Congress to immigration enforcement field offices after several episodes where […]
Read More
Canada to address unfair trade in steel and aluminum sectors, Carney says
Canada’s Prime Minister Mark Carney welcomes U.S. President Donald Trump,as he arrives for the G7 Leaders’ Summit in Kananaskis, Alberta, Canada, June 16, 2025. Chris Helgren | Reuters Canada will soon adopt tariff measures to address risks associated with persistent global overcapacity and unfair trade in steel and aluminum, Prime Minister Mark Carney told reporters […]
Read More
Ex-Janus Henderson analyst found guilty of insider dealing in UK
Janus Henderson Group PLC rings the opening bell at the NYSE in New York. Michael Nagle | Bloomberg | Getty Images A former Janus Henderson analyst was on Thursday found guilty of using confidential information on companies including Daimler, Jet2 and THG to make nearly 1 million pounds ($1.3 million) after a London court trial. […]
Read More
Trump extends TikTok ban deadline by another 90 days
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump has extended the deadline for TikTok’s parent company ByteDance to sell the short form video app to an American owner. On Thursday, Trump signed an executive order granting a third extension for the Chinese company to sell its video platform so it can continue […]
Read More
Google is using YouTube videos to train its AI video generator
Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google is using its expansive library of YouTube videos to train its artificial intelligence models, including Gemini and the Veo 3 video and audio generator, CNBC has learned. The tech company is turning […]
Read More
Trump rips into ‘too late’ Jerome Powell after Fed holds rates steady
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters President Donald Trump ripped into Federal Reserve Chair Jerome Powell on Thursday, calling him “destructive,” after the central bank kept interest rates steady on Wednesday. […]
Read More
Airbus orders dominate Paris Air Show as Boeing takes backseat — again
An Airbus A350-1000 passenger aircraft performs during the 55th edition of the International Paris Air Show (Salon international de l’aeronautique et de l’espace – SIAE) at the ParisLe Bourget Airport, in Le Bourget, north of Paris, France on June 18, 2025. Anadolu | Anadolu | Getty Images Airbus orders and new models have taken center-stage […]
Read More