Latest in Government Spent Billions
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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 -
Elon Musk Brings His Playbook From Twitter to the Government
Ryan Mac and Kate Conger, two New York Times technology reporters who together wrote a book about what happened when Elon Musk bought Twitter, explain some of his tactics.The New York Times - 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 -
Matisse’s muse: new exhibition dedicated to the illegitimate daughter he spent a lifetime painting
Marguerite, who survived diphtheria and torture by the Gestapo, is the focus of Musée d’Art Moderne showcase. Throughout his career, Henri Matisse would return repeatedly to paint his favourite ...The Guardian - 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 -
President Trump continues attacks on government agencies as he prepares for funding bill
President Trump hosted a group of Republican senators on Friday night at his Florida resort, trying to build Congressional support for a massive funding bill. Meanwhile, he continues to attack the ...CBS News - 4d -
War-torn Lebanon forms its first government in over 2 years
Lebanon’s new prime minister haa formed the country’s first full-fledged government since 2022ABC News - 4d -
Who is helping Elon Musk gut the US government?
The billionaire’s cost-cutting ‘Doge’ staff includes wealthy executives, far-right ideologues and young engineers. Elon Musk’s rapid attempt to defund and depopulate the federal government has ...The Guardian - 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. - 4d -
Now more than ever, AI needs a governance framework
It is possible to develop a model with the best intentions, and for that model to be misused later onFinancial Times - 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 -
Inside Elon Musk's government takeover
A tech-focused media outlet has become a premiere source for breaking news on Elon Musk, his inner circle and their efforts to reshape the federal government. Katie Drummond, global editorial ...CBS 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 -
‘It’s Pure Chaos.’ Government Contractors Chart an Uncertain Path After Trump’s Sweeping Anti-DEI Orders
Government contractors worry that running afoul of Donald Trump’s executive orders on DEI will cost them funding, which could have disastrous results.Inc. - 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 -
Harvard Law’s Innovation Lab Scrambles to Save Government Data
The unit is saving more than 300,000 data sets from Trump’s purges.Inc. - 5d -
Can anyone stop Elon Musk’s hostile takeover of the US government?
The billionaire’s aggressive efficiency drive has critics warning of a constitutional crisis. Allies say he’s just getting startedFinancial Times - 5d -
Judge slams Ofwat and government for not attending Thames Water hearing
Court will decide whether to approve emergency £3bn loan for UK’s biggest water utilityFinancial 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 -
The US draws a 'red line' over including Hezbollah in Lebanon's government
A newly appointed U.S. envoy says she hopes Lebanese authorities are committed to making sure that the Hezbollah militant group is not a part of the new government in any formABC News - 5d -
The US Government Is Not a Startup
Elon Musk and DOGE are moving fast and breaking things that can’t afford to be broken.Wired - 5d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 5d -
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Trump promotes misleading claims about federal government’s media subscriptions
Federal government payments for subscriptions to media outlets have become the latest target of President Donald Trump's spending hawksABC News - 6d -
Government Agencies Cancel Politico Pro Subscriptions
The U.S.D.A. said Thursday that it had canceled its subscriptions to Politico Pro, a news and information service aimed at policy professionals.The New York Times - 6d -
Judge temporarily blocks Trump's federal government employee buyout
Just hours before the deadline for federal employees to accept the Trump administration's deferred resignation offer, a judge has temporarily blocked the buyout offer.ABC News - 6d -
Why Does Elon Musk Think He Can Treat the U.S. Government Like Twitter?
My latest five-whys looks at Musk’s motivations.Inc. - 6d -
Nebraska government system shutdown disrupts the Legislature, DMV and other offices
A systemwide outage of state government computers shut down everything from the work of the Legislature to driver’s licensing offices for several hoursABC News - 6d -
House lawmakers push to ban AI app DeepSeek from US government devices
Lawmakers in the House are proposing to ban the Chinese artificial intelligence app DeepSeek from U.S. government devicesABC News - 6d -
Google scraps its diversity hiring goals as it complies with Trump's new government contractor rules
Google is scrapping some of its diversity hiring targets, joining a lengthening list of U.S. companies that have been abandoning or scaling back their diversity, equity and inclusion programsABC News - Feb. 5