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Vance says Musk making a ‘huge mistake’ in going after Trump but also tries to downplay the attacks
Vice President JD Vance said Elon Musk was making a “huge mistake” going after President Donald Trump in a storm of bitter and inflammatory social media posts after a falling out between the two men. But the vice president, in an interview released Friday after the very public blow up between the world’s richest man […]
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Trump announces U.S.-China trade talks in London next week
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, Li Chenggang, China’s International Trade Representative and Vice Minister of Commerce and Chinese Vice Premier He Lifeng, prepare to discuss during a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 11, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott […]
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Omada shares open at $23 in Nasdaq debut after health-tech company’s IPO
Omada Health shares popped more than 30% in their Nasdaq debut on Friday after the virtual chronic care company priced its stock at $19 per share in its IPO. The stock opened at $23 and quickly hit $25. The company said in a press release late Thursday that it sold 7.9 million shares in the […]
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Trump says Musk went ‘CRAZY,’ suggests cutting government contracts for his companies
President Donald Trump and Elon Musk (R) speak before departing the White House on his way to his South Florida home in Mar-a-Lago in Florida on March 14, 2025. Roberto Schmidt | Afp | Getty Images President Donald Trump on Thursday called Tesla CEO Elon Musk “CRAZY” and threatened to cut his companies’ government contracts […]
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Anduril raises funding at $30.5 billion valuation in round led by Founders Fund, chairman says
The Anduril Industries headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023. Kyle Grillot | Bloomberg | Getty Images Defense tech startup Anduril Industries has raised $2.5 billion at a $30.5 billion valuation, including the new capital, Chairman Trae Stephens said on Thursday. “As we continue working on building a company that has […]
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After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | Afp | Getty Images Days after his nomination for […]
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Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’
Mateusz Slodkowski | Lightrocket | Getty Images Reddit is suing artificial intelligence startup Anthropic for what it’s calling a breach of contract and for engaging in “unlawful and unfair business acts” by using the social media company’s platform and data without authority. The lawsuit, filed in San Francisco on Wednesday, claims that Anthropic has been […]
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Republican FCC commissioner Simington will step down this week
Nathan Simington, Commissioner at the Federal Communications Commission (FCC) testifies during a House Energy and Commerce Committee Subcommittee hearing on March 31, 2022 in Washington, DC. The subcommittee held a hearing on oversight of the FCC. Kevin Dietsch | Getty Images Republican Federal Communications Commission member Nathan Simington said Wednesday he plans to resign this […]
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Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company
Uber said Monday that Pierre-Dimitri Gore-Coty, one of the company’s longest-tenured top executives and the head of is delivery business is leaving after almost 13 years. Gore-Coty joined Uber as a general manager in France in 2012, and worked his way up to become vice president of mobility for the Europe and Middle East region […]
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Meta and Anduril defense startup partner on VR, AR project intended for U.S. Army
Palmer Luckey, Founder @ Oculus VR Andutil Industries, during day two of Collision 2019 at Enercare Center in Toronto, Canada. Stephen McCarthy | Sportsfile | Getty Images Meta and Anduril, the defense-tech startup founded by Palmer Luckey, announced Thursday that they’ve formed a partnership to create virtual and augmented reality devices intended for use by […]
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