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Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 2d -
Trump Plans to Send $8 Billion in Arms to Israel, Bypassing Some Lawmakers
President Biden announced the arms sales at the end of his administration, and President Trump is pushing it soon after his meeting with Prime Minister Benjamin Netanyahu of Israel.The New York Times - 2d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 3d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 3d -
Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid
The Congressional Budget Office last month released Pell Grant program projections, which now estimate a $2.7 billion funding shortfall later this year.CNBC - 3d -
This HR Company Valued at $12 Billion Just Announced Plans to IPO. Here’s Why Other Companies Are Watching Closely
Human Resources startup Deel recently hit an annual revenue run rate of $800 million.Inc. - 3d -
3 Baltic states disconnect from the Soviet-era grid to merge with the European energy system
The flow of electricity between the Baltic countries of Estonia, Latvia and Lithuania and Russia has been officially severedABC News - 3d -
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A.I. Military Start-Up Anduril Close to Deal That Would Value It at $28 Billion
The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.The New York Times - 3d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 3d -
From Dad Energy to Pickleball Hustlers and AI, Super Bowl Advertising Promises Entertainment
From nostalgic reboots to AI-driven innovations, Super Bowl ads offer small businesses a masterclass in humor, engagement, and cultural relevance. Here’s what brands can learn from the high-stakes ...Inc. - 3d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 3d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 4d -
Lawmakers question Musk’s ‘infiltration’ into Education Dept. and student loan borrower data
Senators expressed concern that Elon Musk's DOGE had "infiltrated" the U.S. Department of Education and possibly gained access to federal student loan data.CNBC - 4d -
If the UK has more renewable energy, why aren't bills coming down?
The government has pledged to reduce energy bills by using more renewables, but bills are currently rising.BBC News - 4d -
Elon Musk's DOGE staffers don't have access to U.S. nuclear secrets, Energy secretary says
Secretary of Energy Chris Wright said three DOGE staffers are working at the department.CNBC - 4d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 4d -
Small Businesses Will Be Subjected to ‘the Fury of Debt Collectors’ for Covid Loans, According to Senate Dems
Proposed legislation could hurt struggling small businesses, Senator Ed Markey warns.Inc. - 4d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 4d -
Green Energy Ambitions of European Companies Take a Beating
Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.The New York Times - 5d