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The Trump administration’s investment in Intel appears to be paying off, but the once-mighty chipmaker has a long way to climb back to industry dominance. In August, the US government announced it was converting about $9 billion in federal grants that Intel had been issued during the Biden administration into a roughly 10 percent equity … Read more
While the U.S. government remains in limbo during a shutdown, the White House grounds have been busy this week. Construction workers have begun demolition on the White House’s East Wing, which will be replaced by a 90,000-square-foot ballroom that’s estimated to hold up to 1,000 guests. Taxpayers are not funding President Donald Trump’s $250 million … Read more
American Express reported record third-quarter 2025 results on Friday, driven by the spending power and loyalty of younger affluent consumers. Chief Executive Steve Squeri hailed millennial and Gen Z Platinum members as “very comfortable paying for its exceptional value and highly engaged in the product,” underscoring the company’s successful push to attract a new generation … Read more
If the wait time for an Uber seems longer than usual, perhaps your driver is in a parking lot uploading a Spanish-language menu as part of the new “digital tasks” program the ride-share giant announced yesterday, which pays drivers to train its AI models. As part of a pilot program, US-based drivers who opt in will be … Read more
Share this article A new chapter: From asset to currency For years BTC was treated mainly as digital gold, stored and traded but rarely spent. In 2025, this perception is shifting, as crypto transactions are becoming part of daily life. Families in the UK can now cover tuition with digital currency, while real estate buyers … Read more
On Thursday, Andreessen Horowitz released its first AI Spending Report in partnership with the fintech firm Mercury. Using transaction data from Mercury, the report analyzes the top 50 AI-native application layer companies that startups are spending money on, similar to the previously published Top 100 Gen AI Consumer Apps. a16z partners Olivia Moore and Seema … Read more
Airbnb has launched a new feature called “Reserve Now, Pay Later” that lets users in the U.S. reserve a property without paying up front, potentially allowing people to cancel their bookings with less hassle if their plans change. The feature is applicable to properties that have a “flexible” or “moderate” cancellation policy. Flexible policies let … Read more
Airbnb has launched a new feature called “Reserve Now, Pay Later” that lets users in the U.S. reserve a property without paying upfront, potentially allowing people to cancel their bookings with less hassle if their plans change. The feature is applicable to properties that have a “flexible” or “moderate” cancellation policy. Flexible policies let users … Read more
Apple CEO Tim Cook (R) shakes hands with U.S. President Donald Trump during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images Top tech executives are at the forefront of a recent swathe of unprecedented deals with U.S. President Donald Trump. In … Read more
Gen Z graduates are stepping out of college with prestigious degrees, only to be met with a sluggish job market, making it feel nearly impossible to land a gig. The situation has gotten so bad in China that young professionals are even paying to work in a mock office to pass the time. Young adults … Read more
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