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Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023. Jonathan Ernst | Reuters The share price of Palantir fell by as much as 12.5% Wednesday after news that CEO Alex Karp had adopted a new stock trading plan, and a report that the Pentagon has been … Read more
The Department of Defense has received a list of DOGE officials tasked with cutting 8% from next year’s budget. “We welcome DOGE to the Pentagon,” said Secretary Pete Hegseth. “And I hope to welcome Elon to the Pentagon very soon.” The Pentagon employs 3.7 million personnel with a budget exceeding $850 billion, but it has … Read more
U.S. President Donald Trump sits next to a map that shows the Gulf of Mexico, that he renamed Gulf of America, in the Oval Office of the White House in Washington, U.S., February 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested that the United States could … Read more
“The tools to change this—most notably software and artificial intelligence—lie at hand.” Read More
DeepSeek’s terms of service explicitly states it stores user data on Chinese servers and that it governs that data under Chinese law — which mandates cooperation with the country’s intelligence agencies. But that didn’t stop U.S. Department of Defense workers from getting caught up in the DeepSeek hype this week and connecting their work computers … Read more
Sen. Mitch McConnell, R-Ky., was one of three Republicans to vote on Friday against Pete Hegseth, who was narrowly confirmed as defense secretary in the new Trump administration. The other Republican “no” votes came from moderates Lisa Murkowski, R-Alaska, and Susan Collins, R-Maine, forcing Vice President JD Vance to break the 50-50 tie to confirm … Read more
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