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Trump takes aim at Elon Musk for forming a new political party

Tesla CEO Elon Musk and U.S. President Donald Trump at the Oval Office of the White House on May 30, 2025. Kevin Dietsch | Getty Images U.S. President Donald Trump lashed out against Elon Musk after he formed a new political party, calling the move “ridiculous,” and saying the tech billionaire had gone “completely off … Read more

Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says

Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025.  Gonzalo Fuentes | Reuters Meta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, the founder and … Read more

is a new bullish trend forming?

XRP is currently holding firm at a critical technical zone, defying broader market weakness. With volume poised to return and support levels stacking up, could this mark the beginning of a bullish continuation? Despite market-wide consolidation and uncertainty, XRP (XRP) has maintained its footing at a crucial support level. A combination of high-timeframe support, trend … Read more

The backbone of the US economy flashes stagflation warnings as uncertainty spikes on tariffs and layoffs — ‘storm clouds are forming’

Small businesses are the backbone of the American economy as they employ the vast majority of workers, and they are flashing warnings on stagflationary pressure. On Tuesday, the NFIB Small Business Optimism Index fell by 2.1 points in February to 100.7 while the reading on uncertainty rose 4 points to 104, the second highest level … Read more

Microsoft is forming a new unit to study AI’s impacts

Microsoft says that it’s creating a new unit, the Advanced Planning Unit (APU), within its Microsoft AI business division that will help the company understand the societal, health, and work implications of AI the company hopes to build. Microsoft AI, which encompasses Microsoft’s Copilot, Bing, and Edge products, is becoming core to Microsoft’s growth strategy … Read more

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