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In an effort to increase decentralization, the Solana Foundation aims to cut “validators in name only,” which rely solely on the Foundation’s stake. Solana (SOL) is bringing changes that aim to overhaul how its staking delegation program works. On Wednesday, April 23, Ben Hawkins, head of the staking ecosystem at the Solana Foundation, revealed that … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese ecommerce giants Temu and Shein have slashed their US spending on advertising platforms and said they will raise prices later this month, as they wrestle with the end of tax exemptions that have helped … Read more
The U.S. Army is quietly considering slashing up to 90,000 active-duty troops — a massive reduction that could bring the force down to as few as 360,000 soldiers, according to a report from Military.com. The move comes as Defense Secretary Pete Hegseth pushes for an 8% cut to the Pentagon’s budget and as the military … Read more
When British doctor Ahmed Kerwan began working as a physician, the paperwork burden shocked him. On some days, he would spend only three hours actually caring for patients, with the rest of his workday spent on things like dealing with insurance claims. There are already dozens, perhaps hundreds, of startups using AI to reduce the … Read more
President Donald Trump signed an executive order that would dissolve the U.S. Department of Education (DOE). While the agency cannot be shuttered without congressional approval, Trump signed the order saying that it would “begin eliminating the federal Department of Education once and for all.” The order states taxpayers spend $60 billion annually on federal school … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration has slashed almost half the workforce of the US education department, in a step towards the president’s pledge to abolish the agency. The education department said on Tuesday it was … Read more
Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters HOUSTON — Alphabet is aiming to slash the cost of building new nuclear reactors by deploying a series of small reactors through its deal with developer … Read more
The software company with close ties to the U.S. military saw its stock plummet by double digits in less than two days. Read More
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U.S. Representative Marjorie Taylor-Greene, Republican from Georgia, attends a House Oversight Subcommittee on Delivering on Government Efficiency hearing on “The War on Waste: Stamping Out the Scourge of Improper Payments and Fraud,” on Capitol Hill in Washington, DC, February 12, 2025. Alex Wroblewski—AFP via Getty Images
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