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White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - 2d -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - 2d -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - 1d -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - 1h -
‘Gut punch’: Democrats decry Trump's plan to cut 80,000 at Veterans Affairs
Democrat lawmakers and veterans' groups are fuming over the Department of Veterans Affairs' (VA) plans to cut roughly 80,000 employees in the coming months, decrying the lack of transparency and ...The Hill - 11h -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - 8h -
Hugging Face co-founder Thomas Wolf just challenged Anthropic CEO’s vision for AI’s future — and the $130 billion industry is taking notice
Hugging Face co-founder Thomas Wolf challenges Anthropic CEO Dario Amodei's "compressed 21st century" vision, arguing AI systems are building "yes-men on servers" rather than the revolutionary ...VentureBeat - 3d -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - 3d -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - 3d -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - 12m -
Federal Grant Program Opens Door to Elon Musk’s Starlink
Under new rules from President Trump’s Commerce Department, a $42 billion high-speed internet effort will no longer favor fiber-optic cable.The New York Times - 3d -
Paramount says Trump's CBS '60 Minutes' lawsuit seeks to 'punish' network
Paramount on Thursday asked a federal judge in Texas to dismiss the $20-billion lawsuit. The media company separately has agreed to have a mediator look at the case.Los Angeles Times - 3d -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - 2d -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - 1d