Coinbase CEO Brian Armstrong said Tuesday that the company will cut roughly 14% of its workforce, or about 700 employees, citing a combination of market volatility and AI quickly changing how the company operates. The move comes ahead of Coinbase’s first-quarter earnings, which the company is scheduled to report Thursday. Shares fell 3% midday, after…
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in…
The Justice Department has appealed to dismiss the cases against two of President Trump’s political opponents, former FBI Director James Comey and New York Attorney General Letitia James (D). The prosecution was dismissed when a federal judge found that Lindsey Halligan, the lawyer chosen by Trump to lead the office to prosecute him, was unlawfully…
Heartbreak in Murphy Canyon: Private Jet Crash Devastates San Diego Community In the early hours of May 22, 2025, a quiet morning in San Diego’s Murphy Canyon turned into a scene of devastation. Just before 4 a.m., a private jet crashed into the heart of this residential neighborhood, jolting families from their sleep and leaving…
President Trump called Governor Gavin Newsom (D-Calif.) a “racist” on Wednesday evening, continuing his long-running feud with California’s top official. The president responded to a comment Newsom made during a stop on his book tour last month in a Truth Social post, calling it “the most self-destructive interview ever.” “In… Source link
Rep. Delia Ramirez (D-Ill.), who is pushing for the impeachment of Homeland Security Secretary Kristi Noem, came face-to-face with her on Wednesday, demanding reforms within the Department of Homeland Security (DHS) as the agency remains shuttered. “Today, I met with Secretary Kristi Noem and again confronted her and held her accountable for her lawlessness and…
Google announced earlier this week that it was Building a new data center in Minnesota It will be powered by a mix of wind, solar and a very unique battery built by the startup form energy Which is capable of discharging for several days. Now we know the price of that feat of electrochemical engineering:…
Meta said Tuesday that it hired former Microsoft legal executive Curtis Joseph Mahoney to become its chief legal officer. Mahoney will replace Meta’s previous head lawyer, Jennifer Newstead, who announced in December that she would be leaving Meta to become Apple’s general counsel in March. He joins Meta at a time when the company is…
New information has emerged about Valor Equity Partners Fund VII, which last year filed paperwork With the US Securities and Exchange Commission to begin raising capital. bloomberg Reported on Wednesday The fund is targeting at least $2.5 billion of capital, a portion of which has already been set aside for further investment in SpaceX. This…
Chinese AI Lab Moonshot Open model Kimi went viral this week For reasons that had less to do with the model and more to do with How did the US AI industry react to this?. Meanwhile, an unreleased OpenAI model wandered out of its test environment and connected to a real security breach on hugging…
