Cathie Wood S Internet Fund Make Its First Microsoft Purchase
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Tesla’s stock keeps getting cheaper — and Cathie Wood’s ETFs keep buying it
ARK Invest ETFs bought roughly $26 million of Tesla stock in the past three days, and more than $100 million in April.MarketWatch - Business -
Microsoft Makes High-Stakes Play in Tech Cold War With Emirati A.I. Deal
Microsoft said it would invest $1.5 billion in G42, an Emirati company with ties to China, as Washington and Beijing maneuver to secure tech influence in the Persian Gulf.The New York Times - Tech - Microsoft -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
Lawmakers want to make China pay its trillion-dollar debt to Americans
When the People's Republic of China won recognition as China's rightful government, it also inherited its predecessor government's debtsThe Hill - Politics - China -
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.The Wall Street Journal - World - China -
Trump vows to make his voice heard in court as first week of trial draws to a close. Here's what you missed on Day 4.
The former president, who has largely sat silently in the courtroom during a week's worth of court proceedings, told reporters that he will take the stand.NBC News - Top stories - Donald Trump -
Choctaw artist Jeffrey Gibson confronts history at US pavilion as its first solo Indigenous artist
Jeffrey Gibson’s takeover of the U.S. pavilion for this year’s Venice Biennale contemporary art show is a celebration of color, pattern and craftABC News - World -
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel's strike against Iran before retreating, closing up 0.2%.
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel’s strike against Iran before retreating, closing up ...The Wall Street Journal - World -
Microsoft Games Are Having A Major Moment On The PS5 Best-Seller Charts
Microsoft courted controversy earlier this year when it announced it would start bringing formerly Xbox console-exclusive titles to PlayStation, but if the current PSN charts are anything to go by, the strategy seems to be working.A look at the ...GameSpot - Tech - Microsoft -
‘We Are So Back’ Is an Internet Meme for Our Time
The phrase has become ubiquitous online as a way to celebrate life’s small pleasures — at least until “it’s so over.”The New York Times - Lifestyle -
Microsoft Ups Ante in AI Race With China Through Stake in Abu Dhabi Firm
The $1.5 billion deal between the U.S. tech firm and Abu Dhabi-based G42 signals a pivot for the Gulf state toward WashingtonThe Wall Street Journal - Tech - China -
Scottish Police Charge Sturgeon’s Husband in SNP Funds Probe
Yahoo News - World -
Boris Johnson broke rules over hedge fund behind Venezuela trip, says watchdog
Former UK prime minister accused of being ‘evasive’ about relationship with Merlyn AdvisorsFinancial Times - Business - United Kingdom -
Private-Fund Lobbyists Push Back on Expanding Money-Laundering Checks
Industry says worries about dirty money flowing through private-equity and hedge funds are overblown.The Wall Street Journal - World -
Delays to OFR funds recognition scheme leaves UK out in the cold
Post-Brexit overseas funds regime has yet to be implemented, depriving UK investors of some of latest innovative fundsFinancial Times - World - United Kingdom -
Hedge fund pushes for power firm to be excluded from Ukraine debt deal
London-based VR Capital is part of bondholder group that does not want Ukrenergo debt to be part of sovereign restructuringFinancial Times - World - Ukraine -
Bezos Earth Fund Commits to Continue Financing Climate Targets Group
Philanthropic body denies accusations of exerting influence over Science Based Targets initiativeThe Wall Street Journal - World - Climate -
Want to Remember More? Make More Mistakes
A neuroscientist explains why errors in learning help forge our memories.The Wall Street Journal - World -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
R.F.K. Jr.’s Environmental Colleagues Urge Him to Drop Presidential Bid
Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental nonprofit group will run ads calling on him to “Honor our planet, drop out.”The New York Times - Top stories -
Murphy fires back at Trump Jr. on Mayorkas vote: 'Republicans are full of s‑‑‑'
Sen. Chris Murphy (D-Conn.) fired back at Donald Trump Jr. on Friday for calling out three Senate Democrats who voted to end the impeachment case against Homeland Security Secretary Alejandro Mayorkas. “Your Friday morning reminder that ...The Hill - Politics - Donald Trump -
Can a Brewery Make Good Wine? These Beer Makers Say Yes.
In an effort to reach an increasingly diverse customer base, brewers are turning over some of their equipment to producing wine.The New York Times - Business -
Sandbox VR will make social VR game for Zack Snyder’s Rebel Moon
Sandbox VR announced it has teamed up with Netflix again to create an immersive social virtual reality experience based on Rebel Moon.VentureBeat - Tech -
Unruly Gut Fungi Can Make Your Covid Worse
An infection can upset your microbiome, and if certain gut fungi run riot, this can kick the immune system into overdrive.Wired - Tech - Covid -
E.P.A. Will Make Polluters Pay to Clean Up Two PFAS Compounds
The step follows an extraordinary move that requires utilities to reduce the levels of carcinogenic PFAS compounds in drinking water to near-zero.The New York Times - Top stories -
Dragon's Dogma 2 Update Will Make Dragonsplague Less Annoying
Capcom plans to scale back the infection rate of Dragonsplague in Dragon's Dogma 2 later this month. In addition, it will become more obvious when Pawns have fallen ill with the disease.On X (formerly known as Twitter), the official Dragon's Dogma ...GameSpot - Tech -
EPA moves to make US polluters pay for cleanup of two forever chemicals
Superfund law requires industries responsible for PFOA and PFOS contamination in water or soil to pay for cleanup. The Environmental Protection Agency on Friday designated two forever chemicals that have been used in cookware, carpets and ...The Guardian - World -
'A great problem': Could Caitlin Clark make the U.S. Olympic team?
Before even playing a WNBA game, Caitlin Clark has become a key figure in the U.S. Olympic roster discussion.Yahoo Sports - Sports -
FedEx to fund $25 million for Memphis NIL in what's believed to be largest corporate partnership with athletes
The investment will cover $5 million in NIL contracts for Memphis athletes for five straight yearsCBS Sports - Sports -
Web3 Funding Spiked 58 Percent Last Quarter, but It Isn't Exactly Roaring Back Yet
Startups building cryptocurrency and blockchain tech are helping revive an embattled category.Inc. - Business -
West Virginia will not face $465M COVID education funds clawback after feds OK waiver, governor says
West Virginia will not face a clawback of $465 million in COVID-19 money from the federal government, alleviating concerns raised by state lawmakers during the legislative session in MarchABC News - Top stories - Covid -
Netflix Dealt With the Freeloaders. Its Next Act Will Be Tougher.
The decision to stop reporting subscriber numbers will put a greater focus on revenue growth—and advertising.The Wall Street Journal - World - Netflix -
The Mayorkas impeachment was quickly dismissed, but its politics may not be
However you viewed the Mayorkas impeachment articles, its politics was brutal for Senate Democrats.The Hill - Politics -
Columbia Fails to Protect Its Jewish Community
A toothless task force and other measures haven’t stopped antisemitism from flourishing on campus.The Wall Street Journal - World -
Google Revamps Its Corporate Structure Around AI
The tech giant is making a series of transformers-like organizational changesto streamline its divisions around AI, moves evenOptimus Prime would envy.Inc. - Business - Google -
RFK Jr.'s sister dismisses his candidacy: 'Let's talk about reality'
Kerry Kennedy is brushing off her brother, Robert F. Kennedy Jr.'s, independent presidential bid, arguing it is clear only President Biden or former President Trump will be able to secure the Oval Office in November. Kennedy was speaking with CNN ...The Hill - Politics -
U.S. measles cases reach 125 this year, topping 2022's large outbreaks
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.CBS News - Top stories -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - Business - Israel