Boonchai Wedmakawand | Moment | Getty Images The founder of the company behind the IRL social media app was charged with defrauding investors of $170 million in the company’s 2021 funding round, the Department of Justice said Wednesday. A federal grand jury in the Northern District of California indicted Abraham Shafi, 38 of Hawaii, with…
A person walks past Banksy-style posters of a protester throwing a sandwich on August 21, 2025 in Washington, DC. Kevin Dietsch | Getty Images Prosecutors failed to obtain a grand jury indictment against a former Department of Justice employee who allegedly hurled a Subway sandwich at a federal officer whom President Donald Trump deployed in Washington,…
Officers set up barriers after a shooting at Annunciation Church, which is also home to a an elementary school, in Minneapolis, Minnesota, U.S. Aug. 27, 2025. Ben Brewer | Reuters A gunman killed two young children and injured 17 people gathered at Annunciation Catholic Church in Minneapolis for a service on Wednesday to mark the…
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House in Washington, D.C., U.S., August 4, 2025. Jonathan Ernst | Reuters President Donald Trump’s top economic adviser, Kevin Hassett, said Wednesday that Federal Reserve Board of Governors member Lisa Cook should go on leave from the central…
Any day now, a federal judge is expected to issue a landmark ruling that could upend some of the most lucrative deals in Silicon Valley: Google’s default search contracts. At stake is more than $26 billion a year, $20 billion of which goes to Apple. That’s nearly a quarter of Alphabet’s operating income. For decades,…
Brad Smith, president of Microsoft Corp., at the Web Summit conference in Vancouver, British Columbia, Canada, on Wednesday, May 28, 2025. The annual conference gathers key industry figures in technology. James MacDonald | Bloomberg | Getty Images Microsoft asked police to remove people who improperly entered a building at its headquarters in protest of the…
A woman looks at the jewelry displayed at a jewelry shop. Pankaj & Insy Shah | Gulfimages | Getty Images India’s exports to the U.S. will invite a steep 50% tariff from Wednesday, as U.S. President Donald Trump’s additional 25% levies on New Delhi over its Russian oil purchases take effect. Analysts are warning that…
Jerome Powell, chairman of the US Federal Reserve, left, and Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve on Tuesday said it would abide by any court decision on…
NASA administrator Sean Duffy visits the Neil A. Armstrong Operations and Control Building at the Kennedy Space Center for Space Launch Complex 39A before the NASA and SpaceX Launch Crew-11 mission to the International Space Station on July 31, 2025 in Cape Canaveral, Florida. Miguel J. Rodriguez Carrillo | Getty Images Transportation Secretary Sean Duffy…
Taylor Swift (L) and Travis Kelce are seen in SoHo on October 11, 2024 in New York City. TheStewartofNY | GC Images | Getty Images Pop superstar Taylor Swift is engaged to NFL star Travis Kelce, according to Instagram posts on their official accounts on Tuesday. The couple has dated for the past two years….
