Author: Editor-In-Chief
The launch tower of the SpaceX launch facility on Launch Pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, USA, April 6, 2026. Brendan McDiarmid | ReutersSpaceX is reserving up to 5% of the shares it sells in the initial public offering for purchase by “certain employees and individuals” in a direct stock program, according to an amended filing Monday. The deal is expected to bring in a record value in the $75 billion range since Elon Musk valued SpaceX at $1.25 trillion when he merged it with artificial intelligence startup xAI earlier this year. Facebook and Alibaba…
The Trump administration plans to withdraw the Justice Department’s $1.8 billion anti-weaponization fund in the face of legal and political backlash, reports said Monday.The fund was established as part of President Donald Trump’s $10 billion settlement of a lawsuit against the Internal Revenue Service. It aims to compensate alleged victims of prosecutorial overreach by the Justice Department under the Biden administration.Reports that the fund was being frozen came after House Speaker Mike Johnson (R-Louisiana) met with President Trump at the White House about the fund.”I think the best way to deal with this is for the administration to decide on…
by Reuters and Associated PressPublished June 1, 2026June 1, 2026Former Colorado official Tina Peters, who was convicted of allowing election machines to be tampered with, has been released from state prison following a pressure campaign by President Donald Trump.After Peters was released from state prison on Monday, Colorado Secretary of State Jenna Griswold issued a statement opposing his release.Recommended stories list of 3 itemsend of list”This sends a dangerous message about the responsibility of those who seek to attack elections,” Griswold wrote.”Peters’ release will also energize the election denial movement. Since she was granted clemency, she has continued to spread…
budapest, hungaryReuters — Hungarian Prime Minister Péter Magyar said on Monday that his government would begin legal proceedings to remove President Tamás Słyok, who was appointed by the previous nationalist government, if he refuses to resign. The center-right Magyar Tisza party ousted Prime Minister Viktor Orbán in April’s election and vowed to remove several people he had appointed to key public offices over the past 16 years, including mostly ceremonial heads of state. The Magyar president has repeatedly called for Sulyok, who was elected in early 2024 by lawmakers from Orban’s Fidesz party, to resign, accusing him of failing to…
LONDON — European stocks closed lower on Monday as investors assessed recent violations of the increasingly fragile ceasefire between the United States and Iran and the possibility of a British takeover bid. easyjet.pan-european Stocks 600 The stock closed the first session of the new month down about 1%. Most sectors closed in negative territory, with major bourses in London, Frankfurt, Paris and Milan all falling.The decline comes as hopes for a ceasefire agreement between the US and Iran appear to have faded.On Monday afternoon, Iran’s state-run Tasnim news agency reported that Iran’s negotiating team had “ceased exchanging messages” with the…
summary American streamer Hasan Piker and his uncle Cenk Uyghur claim Britain has banned them from entering the country. The Home Office canceled his travel permit ahead of a scheduled appearance at a London festival and Oxford University. According to British media, British officials cited potential risks to British society and concerns about worsening anti-Semitism. AI-generated summaries were reviewed by CNN editors. Pro-Palestinian American streamer Hasan Piker and his uncle say the British government has banned them from entering the country because of their criticism of Israel. Piker, 34, and Cenk Uyghur, a Turkish-American broadcaster and lawyer, were scheduled to…
A new AI weather forecasting tool released today by startup WindBorne Systems provides more frequent and accurate predictions for key variables than the world-leading system developed by European governments, thanks to advances in the way sensor readings are fed into deep learning models. Founded in 2019 by a group of Stanford University students, WindBorne started by building better weather balloons with the idea of selling weather data. However, with the advent of deep learning weather forecasting models in 2022, the team realized they could capture more value by building their own models. WindBorne says the new version of its model…
Jerome Powell, the 16th Chairman of the Board of Governors of the Federal Reserve System, speaks after receiving the 2026 John F. Kennedy Courage Award in Boston, Massachusetts on May 31, 2026. Kevin Warsh took over as Fed Chairman on May 22, replacing Powell. Scott Eisen Getty Images News | Getty ImagesFormer Federal Reserve Chairman Jerome Powell warned that any attempt by the U.S. government to exert greater political pressure on the central bank would undermine public confidence in its independence.Powell, whose term as Fed chair ended on May 15, said the Fed, along with other institutions such as courts…
MicroStrategy Chairman and CEO Michael Saylor pauses during his speech at the Bitcoin 2022 Conference at the Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Imagesmichael saylor’s strategy Last week, I sold my Bitcoin for the second time in history, as geopolitical uncertainty continues to weigh on Bitcoin prices and the overall cryptocurrency market.Strategy sold 32 coins for $2.5 million between May 26 and May 31, at an average price of $77,135 per coin, according to Monday’s filing. The company also sold 801,994 shares of its common stock during the period, raising $128.3…
President Donald Trump dismissed the possibility of peace talks with Iran collapsing on Monday, telling CNBC, “Honestly, I don’t care if they end.””I really don’t care. I can’t really care,” Trump told CNBC’s Eamon Javers in a phone interview at noon Monday, adding that he thought the drawn-out talks were “starting to get very boring.” President Trump was asked about reports that Iranian negotiators have suspended communications with the United States and that Iran is moving to “completely close” the Strait of Hormuz because of Israel’s military operation against the Iranian-backed militia Hezbollah in Lebanon.“When it’s over, it’s over… To…