Billion Layoffs - QuikReader

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 - 4d

Meta Plans Layoffs for Monday

Meta is planning to trim about 5 percent of its lowest performers.

Inc. - 4d

Trump amends CBS '60 Minutes' lawsuit and demands $20 billion

President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.

Los Angeles Times - 4d

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 - 4d

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 - 4d

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 - 4d

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. - 5d

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 - 5d

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 - 5d

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 - 5d

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 - 5d

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 - 5d

LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?

Something smells fishy.

Inc. - 6d

Jobless Benefit Claims Rose, But Layoffs Remain Relatively Low

The Labor Department said jobless claims rose by 11,000 last week to 219,000, a bit higher than expected.