Latest in Big Tech Funds
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Why Cathie Wood may have the best fund to play Trump 2.0
Exposure to crypto, Musk and defense is bolstering this ETFMarketWatch - 2d -
Democrats fear more IRS cuts in funding fight with GOP
The White House and congressional Democrats are fighting to protect $20 billion in funds for the IRS as the tax collection agency faces significant changes next year. As bipartisan funding talks ...The Hill - 2d -
FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’
Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of InfowarsFinancial Times - 2d -
Qatar’s $500bn wealth fund targets bigger deals as LNG windfall looms
New chief says QIA will deploy cash ‘more aggressively’ as it conducts investment review ahead of huge influxFinancial Times - 3d -
General Motors Cuts Funding to Cruise, Nixing Its Robotaxi Plan
The automaker has sunk billions into making a self-driving car service work. Now it says it will focus on “personal” autonomous vehicles instead.Wired - 3d -
GM to stop funding troubled Cruise autonomous vehicle unit
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division that originated as a San Francisco start-up.CBS News - 3d -
Evening Report — Clock ticks toward government funding deadline
{beacon} Evening Report © The Hill, Greg Nash 10 days: Congress speeds toward government funding deadline THE LAME-DUCK CONGRESS is barreling toward a Dec. 20 deadline to fund the government. ...The Hill - 3d -
US gives $20bn to Ukraine funded by seized Russian assets
The move means Russia is being forced to "bear the costs of its illegal war", the US Treasury said.BBC News - 3d -
We're booking big profits in a tech stock popping on news that seems too theoretical
It's unclear what business case and monetization strategy can come from this development.CNBC - 3d -
EU’s new agriculture chief seeks more funds for small farmers
Christophe Hansen seeks changes to bloc’s multibillion-euro farm subsidy schemeFinancial Times - 4d -
How a Realtors’ Nonprofit Quietly Funds Conservative Advocacy Groups
The National Association of Realtors has created a nonprofit that gives more heavily to one side of the political aisle and to groups that have little to do with real estate and housing.The New York Times - 4d -
BoE warns that hedge funds bring ‘vulnerabilities’ to gilt market
Deputy governor Ramsden says leverage and concentration in certain funds could lead to ‘system-wide risks’Financial Times - 4d -
The Best Ad, Tech Product, Design, and Comeback of the Year
An admittedly incomplete and selective look at the best of 2024, from the writers and editors of ‘Fast Company’ and ‘Inc.’Inc. - 4d -
Social Security beneficiaries at risk of delays amid GOP funding fight
Social Security beneficiaries could face longer wait times for service next year unless Congress agrees to the White House budget office’s request to increase funding for the Social Security ...The Hill - 4d -
Taking on the Tyranny of the Tech Bros
Coalitions between feminist movements, minorities, and labor activists will help keep the Silicon Valley moguls in check.Wired - 4d -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - 6d -
Romanian prosecutors conduct raids linked to funding of Georgescu's campaign
Romanian prosecutors have conducted raids linked to an man suspected of illegally financing a campaign to promote Calin Georgescu’s presidential runABC News - 6d -
The aging U.S. power grid is slowing Big Tech’s data centers and AI’s future
The Trump administration and state policymakers should ease regulations on utilities.MarketWatch - 6d -
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Tech, Media & Telecom Roundup: Market Talk
Find insight on Rubrik , Vodafone U.K.’s merger with Three and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - Dec. 6 -
Big Crypto | Sunday on 60 Minutes
Rarely in American politics has a new industry spent so much money, with such apparent impact, as the cryptocurrency business did in the last election. This Sunday, Margaret Brennan reports on the ...CBS News - Dec. 6 -
World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - Dec. 6 -
Investors pour $140bn into US stock funds after Trump election victory
Bets incoming administration will enact ‘pro growth’ agenda spur rush into Wall Street equitiesFinancial Times - Dec. 6 -
Women's health research needs funding boost, report says
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Women's health research needs funding boost, report says Roughly 9 percent of the National Institutes of ...The Hill - Dec. 5 -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - Dec. 5 -
What are Social Security's trust funds? New debate emerges on program's financing
As Social Security's trust funds run low, one politician is questioning the way the program is financed.CNBC - Dec. 5 -
Europe races to set up €500bn defence fund
Initiative is open to UK and would tap bond markets to boost spending for Trump’s White House returnFinancial Times - Dec. 5 -
Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant
Starboard Value's Jeff Smith knows his firm sold its Nvidia stake way too soon, Tae Kim writes in "The Nvidia Way: Jensen Huang and the Making of a Tech Giant."CNBC - Dec. 5 -
AI Hits a Wall: What This Means for the Tech Industry
AI commercialization is a game of musical chairs and the music has stopped. For now.Inc. - Dec. 5 -
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 24% after announcing a contract with a top tier hyperscaler.CNBC - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
Emergence’s AI orchestrator launches to do what big tech offerings can’t: play well with others
It aims to sit above the fray and work well with any application and vendor that the enterprise uses, uniting them all with its orchestrator.VentureBeat - Dec. 3 -
Funding issues and ‘over-optimism’ behind UK failures on jobs data
Statistics agency review reveals flaws that left policymakers without a reliable unemployment figure for a yearFinancial Times - Dec. 3 -
These are the most in-demand tech jobs hiring right now
According to LinkedIn’s latest report, software engineer, full stack engineer and application developer are in the top 10 roles.VentureBeat - Dec. 3 -
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Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
54 Best Cyber Monday Tech Deals (2024)
All cords lead to WIRED. Come gather to find the best Cyber Monday tech deals before they're gone.Wired - Dec. 2