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Showing posts from July 27, 2025

Sources: the researcher who declined Zuckerberg's offer of a $1.5B+ package over six years is Thinking Machines co-founder and ex-Meta staffer Andrew Tulloch (Wall Street Journal) https://ift.tt/SB1cHtD

Wall Street Journal : Sources: the researcher who declined Zuckerberg's offer of a $1.5B+ package over six years is Thinking Machines co-founder and ex-Meta staffer Andrew Tulloch   —  The loyalties and larger-than-life figures prompting some people to turn down insanely lucrative offers in Silicon Valley right now

Sen. Rick Scott endorses Trump-backed Florida gubernatorial candidate https://ift.tt/H1mdY7i

Sen. Rick Scott , R-Fla., has endorsed fellow Republican Rep. Byron Donalds' Florida gubernatorial bid. Scott served as governor of the Sunshine State prior to current Gov. Ron DeSantis . "I am proud to stand with President Trump and endorse Byron Donalds for Governor of Florida. Byron is a principled conservative who will lead with courage and conviction and fight on behalf of every Floridian," Scott noted . "I’ve been proud to work with him on critical legislation to make flood insurance more affordable and help Floridians rebuild and recover from catastrophic hurricanes. And during my time as Governor, he was a critical partner in securing billions of dollars in tax relief for Florida families. REP. DONALDS: DEMOCRATS HAVE ‘BETRAYED THE TRUST’ OF THE AMERICAN PEOPLE "As Governor, Byron will strengthen our economy, fight for seniors and veterans, protect our communities, and above all, make Florida more affordable for every family." Donalds thanked ...

How Palantir has benefited since President Trump took office, securing new and expanded government contracts and becoming the S&P's top-performing stock of 2025 (Washington Post) https://ift.tt/RoNvBJc

Washington Post : How Palantir has benefited since President Trump took office, securing new and expanded government contracts and becoming the S&P's top-performing stock of 2025   —  From warfighting and tracking deportations to writing State Department cables with AI, the company is benefiting …

Fundamental Research Labs, which is working on AI applications in different fields, including a general-purpose consumer assistant, raised a $30M Series A (Ivan Mehta/TechCrunch) https://ift.tt/KX0thWP

Ivan Mehta / TechCrunch : Fundamental Research Labs, which is working on AI applications in different fields, including a general-purpose consumer assistant, raised a $30M Series A   —  Applied AI research company Fundamental Research Labs (formerly known as Altera) announced today that it has raised $30 million …

Trump backs stock trading ban so lawmakers like Pelosi can’t continue ‘ripping off' constituents, WH claims https://ift.tt/zIuXRwr

The White House made digs at former House Speaker Nancy Pelosi at a Thursday press briefing, saying she's the reason Congress is eyeing a measure to ban all lawmakers from trading stocks.  On Wednesday, President Donald Trump accused Pelosi of accruing her wealth "by having inside information" in stock trading. "The reason that this idea to put a ban on stock trading for members of Congress is even a thing is because of Nancy Pelosi," White House press secretary Karoline Leavitt told reporters Thursday. "I mean, she is rightfully criticized because she makes $174,000 a year. Yet she has a net worth of approximately $413 million. In 2024, Nancy Pelosi's stock portfolio, this was a fascinating statistic to me, grew 70% in one year in 2024."  STEVE HILTON SLAMS PAUL PELOSI'S STOCK PURCHASE: 'THIS IS SO ENDEMIC IN WASHINGTON' "I think the president stands with the American people on this," Leavitt said. "He doesn't...

Figma opens at $85 on the NYSE, after selling shares at $33 in its IPO, hitting a ~$50B valuation, more than a year after Adobe's $20B failed acquisition (Jordan Novet/CNBC) https://ift.tt/4rlfCwS

Jordan Novet / CNBC : Figma opens at $85 on the NYSE, after selling shares at $33 in its IPO, hitting a ~$50B valuation, more than a year after Adobe's $20B failed acquisition   —  Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.

Trump admin sanctions Brazilian judge overseeing Bolsonaro coup-plot probe https://ift.tt/dhZTujb

The Treasury Department announced Wednesday that it would be officially imposing sanctions on Brazilian Supreme Federal Court Justice Alexandre de Moraes, the jurist leading a criminal investigation against former right-wing President Jair Bolsonaro.  News of the sanctions comes after President Trump threatened a 50% tariff on products from Brazil unless the country stopped what Trump has described as an "unjust" and politically motivated case against Bolsonaro that is charging the former Brazilian president with organizing an attempted coup. A notice announcing the sanctions from the Treasury Department alleged De Moraes has been using his position to authorize "arbitrary" pre-trial detentions, suppress freedom of speech and target political opponents.  "Alexandre de Moraes has taken it upon himself to be judge and jury in an unlawful witch hunt against U.S. and Brazilian citizens and companies," Secretary of the Treasury Scott Bessent. "De Morae...

Dropbox says it will discontinue Dropbox Passwords, launched in 2020, on October 28 to focus on its core product, and recommends 1Password as a replacement (Richard Speed/The Register) https://ift.tt/S47UD2M

Richard Speed / The Register : Dropbox says it will discontinue Dropbox Passwords, launched in 2020, on October 28 to focus on its core product, and recommends 1Password as a replacement   —  Dropbox has given users of its password manager until the end of October to extract their data before pulling the plug on the service.

'Critical' closed-door congressional huddle focuses on growing antisemitism in US, Mamdani’s rise https://ift.tt/gF5DtGn

EXCLUSIVE:  Lawmakers on the House Homeland Security Committee met with stakeholders and law enforcement to address the rise of antisemitic violence in the U.S., during a closed-door congressional roundtable on July 22, Fox News Digital has learned.  The roundtable comes amid growing concerns about antisemitic violence months after recent attacks in Boulder, Colorado, and Washington, D.C., along with growing fears surrounding the potential election of Zohran Mamdani , who has espoused anti-Israel viewpoints, as New York City mayor.  "Jewish communities across the country are living in fear, and I am committed to standing with them. This roundtable comes at a critical moment: a far-left activist who has defended the phrase ‘globalize the intifada’ is inching closer to leading a city home to one of the world’s largest Jewish populations," Rep. August Pfluger, the chairman of the Homeland Security Committee’s counterterrorism and intelligence subcommittee, said in his ope...

Runway and Luma AI say they are talking to robotics and self-driving car companies about their video models and expect these revenue sources to eclipse studios (Rocket Drew/The Information) https://ift.tt/QkdfWiC

Rocket Drew / The Information : Runway and Luma AI say they are talking to robotics and self-driving car companies about their video models and expect these revenue sources to eclipse studios   —  Imax on Monday announced that it would screen the winning films from Runway's AI-generated film festival at some of its theaters.

'Dangerous and illegal': Democrat AGs sue Trump over effort to use SNAP to locate migrants https://ift.tt/3ebfipm

New York Attorney General Letitia James on Monday said she is helping lead a group of 20 Democratic attorneys general in suing the Trump administration over its demands that they turn over information about food stamp recipients and applicants in their state—an effort she excoriated as a "dangerous and illegal overreach" by the administration to unlawfully locate and track down illegal immigrants. The lawsuit, led by James, California Attorney General Rob Bonta, and Michigan Attorney General Dana Nessel, comes after the Trump administration demanded states turn over detailed personal information related to recipients and applicants of the Supplemental Nutrition Assistance Program, or SNAP, before July 30.  The Trump administration has threatened to withhold SNAP funding from states who fail to comply with the July 30 deadline—teeing up a high-stakes, eleventh-hour court clash between Trump officials and leaders from 20 Democratic-led states. Speaking to reporters on a pre...

Faculty and students on Chinese campuses are enthusiastically embracing AI, and the level of public excitement for AI in China is far greater vs. the US and UK (Caiwei Chen/MIT Technology Review) https://ift.tt/amIP1R6

Caiwei Chen / MIT Technology Review : Faculty and students on Chinese campuses are enthusiastically embracing AI, and the level of public excitement for AI in China is far greater vs. the US and UK   —  Just two years ago, Lorraine He, now a 24-year-old law student, was told to avoid using AI for her assignments.

FBI's controversial Trump-Russia actions predicted with 'alarming specificity' by foreign actors: Sources https://ift.tt/BtY52lh

EXCLUSIVE: U.S. intelligence had credible foreign sources indicating that the FBI would play a role in spreading the salacious Trump-Russia collusion narrative—before the bureau ever launched its controversial Crossfire Hurricane probe, sources familiar with the intel told Fox News Digital. CIA Director John Ratcliffe is expected to declassify the underlying intelligence, including a classified annex, related to former Special Counsel John Durham’s investigation into the origins of the Trump-Russia probe. EXCLUSIVE: BRENNAN DIRECTED PUBLICATION OF 'IMPLAUSIBLE' REPORTS CLAIMING PUTIN PREFERRED TRUMP IN 2016, HOUSE FOUND A source familiar with the contents of the classified annex told Fox News Digital that while it may not have been exactly clear in the moment what the intelligence collection meant, with the benefit of hindsight, it predicted the FBI’s next move "with alarming specificity." "Ultimately, the release of the classified annex will lend more cre...

AIUC, which offers enterprises insurance policies and audits for AI agents, emerges from stealth with a $15M seed led by Nat Friedman at NFDG (Sharon Goldman/Fortune) https://ift.tt/lX6hKy9

Sharon Goldman / Fortune : AIUC, which offers enterprises insurance policies and audits for AI agents, emerges from stealth with a $15M seed led by Nat Friedman at NFDG   —  Today, the Artificial Intelligence Underwriting Company (AIUC) is emerging from stealth with a $15 million seed round led by Nat Friedman at NFDG …

Rubio downplays 2028 talk, touts Vance as Trump's successor https://ift.tt/GlnWYM6

Secretary of State Marco Rubio dismissed speculation that he could be the Republican Party’s 2028 presidential nominee, instead throwing his support behind Vice President JD Vance . "I think JD Vance would be a great nominee if he decides he wants to do that," Rubio said during an interview with Lara Trump that aired on the Fox News Channel Saturday. Rubio also described Vance as one of his "closest friends in politics." RUBIO REFLECTS ON REMARKABLE POLITICAL JOURNEY FROM TRUMP CRITIC TO TRUSTED CABINET MEMBER He went on to commend Vance’s performance as vice president during the segment on "My View with Lara Trump" and made clear he is satisfied with his current role in President Donald Trump’s Cabinet. "I want to do this job as long as the president allows me to," Rubio added.  Trump appointed Rubio to serve as the nation's top diplomat shortly after defeating then–Vice President Kamala Harris in the 2024 election. Rubio, previously...

Freedom Caucus lawmaker Ralph Norman vows to 'shake things up' in South Carolina governor bid https://ift.tt/W3bGf20

A lawmaker in the conservative House Freedom Caucus is launching his campaign to be governor of South Carolina. Rep. Ralph Norman, R-S.C., who came to Congress in 2017, kicked off his Palmetto State bid with a Rock Hill campaign rally on Sunday. "I am running for governor to shake things up, clean up Columbia, and finally take down the corrupt political establishment once and for all," Norman is telling voters, according to prepared remarks obtained by Fox News Digital. "I owe nothing to the lobbyists. I owe nothing to the Columbia bureaucratic elite. My allegiance is to you, the people of South Carolina." As part of his campaign platform, Norman is promising to establish a Department of Government Efficiency (DOGE) "commission" in the state "that roots out waste, fraud, and abuse." THOM TILLIS ANNOUNCES RETIREMENT FROM SENATE AFTER CLASH WITH TRUMP Norman is also running on the promise of fixing South Carolina’s infrastructure, implementin...

Berlin-based Buena, which is building AI-powered software to automate property management tasks, raised $58M, including a Series A led by GV (Cate Lawrence/Tech.eu) https://ift.tt/mRuXJhG

Cate Lawrence / Tech.eu : Berlin-based Buena, which is building AI-powered software to automate property management tasks, raised $58M, including a Series A led by GV   —  Buena has acquired 20+ firms since 2023, with triple-digit growth and a product-first approach targeting 30,000 under-digitised players.