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Showing posts from May 4, 2025

Inside the White House's effort to pull India, Pakistan back from the brink of war https://ift.tt/td9UTaF

As officials in the White House became increasingly concerned about the escalation in the conflict between Pakistan and India, it was decided Friday morning that Vice President JD Vance would call Indian Prime Minister Narendra Modi.  Twenty-four hours before President Donald Trump announced on social media Saturday morning that a ceasefire had been reached, the scramble in the White House began.  Senior officials began to fear that the situation could spiral out of control with neither side seriously considering options for de-escalation after Pakistan hit back at Indian military sites on Friday following an Indian missile attack on Pakistan.  The strikes mark the latest escalation between the nuclear-armed rivals, a move triggered by a mass shooting for which India blames Pakistan. PAKISTAN SAYS IT HAS STRUCK MILITARY TARGETS INSIDE INDIA IN SERIES OF NEW ATTACKS In his noon phone call with Modi, Vance made it clear that the U.S. believed that there was a high ...

The FTC pushes the enforcement of its "click-to-cancel" rule requiring businesses to make canceling subscriptions as easy as signing up, from May 14 to July 14 (Cheyenne MacDonald/Engadget) https://ift.tt/bqVUB6z

Cheyenne MacDonald / Engadget : The FTC pushes the enforcement of its “click-to-cancel” rule requiring businesses to make canceling subscriptions as easy as signing up, from May 14 to July 14   —  The Federal Trade Commission has delayed the start of a rule that aims to make the process of canceling subscriptions less of a nightmare.

Source: Tel Aviv-based AI21 Labs, which is building its own LLMs and launched an AI orchestration system in March, is raising a $300M Series D (Ben Bergman/Business Insider) https://ift.tt/9vVfHaB

Ben Bergman / Business Insider : Source: Tel Aviv-based AI21 Labs, which is building its own LLMs and launched an AI orchestration system in March, is raising a $300M Series D   —  - AI21 Labs is raising a $300 million Series D funding round to build its own LLMs.  — It aims to reduce hallucinations in generative AI, which would enhance reliability for companies.

Ramp AI index: 32.4% of US businesses had OpenAI subscriptions in April, up from 28% in March; Google AI subscriptions fell from 2.3% in Feb. to 0.1% in April (Kyle Wiggers/TechCrunch) https://ift.tt/McKGPmr

Kyle Wiggers / TechCrunch : Ramp AI index: 32.4% of US businesses had OpenAI subscriptions in April, up from 28% in March; Google AI subscriptions fell from 2.3% in Feb. to 0.1% in April   —  OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises' AI spend, according to transaction data from fintech firm Ramp.

Trump's tax hike proposal is 'déjà vu' of George H. W. Bush's 'read my lips' moment, experts say https://ift.tt/4Ao16sd

Americans lambasted President George H. W. Bush for infamously vowing on stage at the 1988 Republican National Convention not to raise taxes on Americans, then supporting a tax hike as president two years later.  History could repeat itself as President Donald Trump this week signaled his support for congressional Republicans raising taxes to accomplish the ambitious goals of his "big, beautiful bill," according to experts. "My opponent won't rule out raising taxes, but I will. And the Congress will push me to raise taxes, and I'll say no. And they'll push and I'll say no. And they'll push again, and I'll say to them: ‘Read my lips: no new taxes,’" then-Vice President Bush vowed at the 1988 convention, before raising taxes two years later with the Omnibus Budget Reconciliation Act of 1990 .  While acknowledging the political backlash his fellow Republican faced, Trump signaled in a Truth Social post on Friday his own willingness to rais...

Sources: the US Treasury asked Benchmark whether its Manus AI funding is covered by restrictions on investments in tech destined for "countries of concern" (Reed Albergotti/Semafor) https://ift.tt/OwDM01R

Reed Albergotti / Semafor : Sources: the US Treasury asked Benchmark whether its Manus AI funding is covered by restrictions on investments in tech destined for “countries of concern”   —  THE SCOOP  —  The US Treasury Department is reviewing a Benchmark Capital-led $75 million investment in Chinese startup Manus AI …

Trump considers tax hike on Americans making $2.5 million or more per year https://ift.tt/GdCxwQi

President Donald Trump is considering a small tax increase for wealthy Americans to help pay for his priorities to boost the middle and working classes. A source familiar with Trump's thinking told Fox News Digital that Trump is considering allowing the rate on individuals making $2.5 million or more to increase by 2.6%, from 37% to 39.6%. He quietly pushed Speaker Mike Johnson, R-La., on the idea in a phone call on Wednesday, two people familiar with conversations told Fox News Digital. It comes as Republicans work on a massive piece of legislation advancing Trump's priorities on taxes, border security, immigration, energy, defense and the national debt, which the president has dubbed his "big, beautiful bill." MEET THE TRUMP-PICKED LAWMAKERS GIVING SPEAKER JOHNSON A FULL HOUSE GOP CONFERENCE Differing projections show the bill is likely to add trillions of dollars to the country's deficit over the next 10 years, so fiscal hawks are looking for ways to miti...

Meta says it will start testing video ads on Threads with a "small number" of advertisers, and "Reels trending ads", which will be shown next to trending Reels (Sarah Perez/TechCrunch) https://ift.tt/gXiRPJc

Sarah Perez / TechCrunch : Meta says it will start testing video ads on Threads with a “small number” of advertisers, and “Reels trending ads”, which will be shown next to trending Reels   —  Instagram Threads will begin testing video ads, Meta announced on Thursday.

Pivotal trade talks with Beijing loom as Trump swears in new US ambassador to China: 'What timing' https://ift.tt/EQFpj3x

Former Georgia Republican Sen. David Perdue was sworn in as U.S. ambassador to China Wednesday, with President Donald Trump remarking on the timing of the ceremony as trade talks between the two nations are set to kick off.  "We're swearing in our next ambassador to the People's Republic of China. What timing, David. What timing? Only you could have picked this timing," Trump quipped as Secretary of State Marco Rubio prepared to swear Perdue in.  The Senate confirmed Perdue April 29 in a 67–29 vote. His swearing-in ceremony comes as China and the U.S. are set to begin trade talks following Trump's tariffs on the nation in recent months.  "Our new ambassador brings to this position a lifetime of experience at the highest levels of business and politics," Trump said. "And he is at the highest level. Over four decades in business, he rose to lead several major American corporations, including as the president and CEO of the footwear giant Reebok,...

Sources: Meta is once again considering facial recognition for its smart glasses and other devices, after abandoning the idea over ethical concerns in 2021 (The Information) https://ift.tt/vauXFrc

The Information : Sources: Meta is once again considering facial recognition for its smart glasses and other devices, after abandoning the idea over ethical concerns in 2021   —  Back in 2021, Mark Zuckerberg and other top Facebook executives were dreaming big about how to design the company's first generation of smart glasses.

Newark mayor takes fight to the gates of ICE detention center amid legal battle over alleged safety violations https://ift.tt/1zUWwmX

The Democrat mayor of Newark, New Jersey, on Tuesday continued his crusade to stop Immigration and Customs Enforcement (ICE) activities inside a previously vacant prison that is being converted into an immigrant detention center. Mayor Ras Baraka arrived at the gates of Delaney Hall this morning alongside activists to demand entry into the facility that he claims GEO Group, the building’s new owner, is unlawfully preventing from being inspected. A lawsuit filed on behalf of the City of Newark on April 1 alleges that GEO Group failed to permit entry to safety inspectors and violated city construction code, including by conducting electrical and plumbing renovations without proper oversight. Fox News Digital reached out to the mayor's office for comment on the ongoing litigation and Baraka's visit to the facility. 'BOGUS CLAIMS': BLUE CITY MAYOR UNDER FIRE FOR TRYING TO HALT REOPENING OF ICE FACILITY In a press conference on Monday, Baraka said GEO Group is "fol...

Amazon's Zoox says it temporarily paused all driverless vehicle operations after a crash in Las Vegas on April 8 and issued a software recall for 270 robotaxis (Annie Palmer/CNBC) https://ift.tt/CNjK94q

Annie Palmer / CNBC : Amazon's Zoox says it temporarily paused all driverless vehicle operations after a crash in Las Vegas on April 8 and issued a software recall for 270 robotaxis   —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices

White House says 'no final decisions' made on foreign moviemaking tariffs as Trump weighs 'national security' https://ift.tt/duLs67a

The White House said Monday "no final decisions" have been made regarding the Trump administration's planned tariffs on foreign moviemaking, as one expert welcomed the potential action as a reprieve for the American film industry.  "Although no final decisions on foreign film tariffs have been made, the Administration is exploring all options to deliver on President Trump’s directive to safeguard our country’s national and economic security while Making Hollywood Great Again," White House spokesperson Kush Desai said in a statement to Fox News Digital.  President Donald Trump first announced in a Truth Social post on Sunday that he was authorizing the Department of Commerce and the U.S. trade representative "to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands." Commerce Secretary Howard Lutnick responded on X, "We're on it."  ACTORS GO BEHIND-T...

Apple files an appeal with the US Ninth Circuit, challenging last week's ruling that prevents it from charging devs fees on purchases made outside the App Store (Sarah Jeong/The Verge) https://ift.tt/XqofGAF

Sarah Jeong / The Verge : Apple files an appeal with the US Ninth Circuit, challenging last week's ruling that prevents it from charging devs fees on purchases made outside the App Store   —  Epic Games' stunning victory blocks Apple from imposing fees on purchases made outside the App Store.

Several Senate Democrats, key to the passage of a landmark stablecoin bill, withdraw support for the bill "as it currently stands" (Zack Abrams/The Block) https://ift.tt/Rid4Vur

Zack Abrams / The Block : Several Senate Democrats, key to the passage of a landmark stablecoin bill, withdraw support for the bill “as it currently stands”   —  - The future of the U.S. Senate's stablecoin bill has been thrown into jeopardy after nine pro-crypto Democrats, including four who supported the bill …

A hacker breaches TeleMessage, which offers modified versions of apps like Signal used by US officials including Mike Waltz, Tulsi Gabbard, JD Vance, and others (Joseph Cox/404 Media) https://ift.tt/HWSNlc9

Joseph Cox / 404 Media : A hacker breaches TeleMessage, which offers modified versions of apps like Signal used by US officials including Mike Waltz, Tulsi Gabbard, JD Vance, and others   —  A hacker has breached and stolen customer data from TeleMessage, an obscure Israeli company that sells modified versions of Signal …

Here's what happened during Trump's 15th week in office https://ift.tt/1xR9bY7

President Donald Trump officially crossed the finish line of his first 100 days in office this week, signing executive orders cracking down on immigration and advancing religious liberty.  Among the most consequential events marking the week was a major staff shakeup where he announced that National Security Advisor Mike Waltz would depart his post at the White House. Hours later, Trump unveiled plans to tap Waltz to represent the U.S. at the United Nations.  "I am pleased to announce that I will be nominating Mike Waltz to be the next United States Ambassador to the United Nations," Trump posted to Truth Social Thursday.  "From his time in uniform on the battlefield, in Congress and, as my National Security Advisor, Mike Waltz has worked hard to put our Nation’s Interests first. I know he will do the same in his new role. In the interim, Secretary of State Marco Rubio will serve as National Security Advisor, while continuing his strong leadership at the State Depar...

Zeki: the US risks losing its edge as the top destination for AI talent, as the 12-month rolling average of AI talent entering in 2025 equals the number leaving (Rachyl Jones/Semafor) https://ift.tt/5Nm0Oqg

Rachyl Jones / Semafor : Zeki: the US risks losing its edge as the top destination for AI talent, as the 12-month rolling average of AI talent entering in 2025 equals the number leaving   —  The US risks losing its edge as the best place in the world to work in tech, according to new reports.