Chipmaking startup Rain AI, supported by Sam Altman, considers sale after unsuccessful $150M fundraising, according to sources
Rain AI Seeks Buyers Amid Funding Struggles A chip startup in San Francisco, supported by Sam Altman, is exploring potential sales following unsuccessful efforts to raise $150 million from private investors. Rain AI claims to be working on chips that are not only more powerful but also more energy-efficient than those offered by industry leaders […]
Renewable Sources May Soon Add to National Energy Shortage, Regulatory Agency Cautions
Power supplies in the US might face instability during the summer, particularly if energy consumption rises and solar and wind generation struggles to keep up, according to a reliability report released on Wednesday. The North American Energy Reliability Corporation (NERC) indicated in its Summer Reliability Assessment that if solar and wind fail to fulfill energy […]
CBS News reduces staff in anticipation of widespread job cuts at Paramount Global, according to sources.
CBS News has recently made some quiet cuts, letting go of three key positions ahead of significant layoffs expected at its parent company, Paramount Global, this summer. The network, which has seen its ratings decline for both its morning show and evening news, is also facing a hefty $20 billion lawsuit from former President Trump […]
Apple India iPhone production update, Trump and Cook discourage building in India, Apple’s reply from Indian sources
In his recent remarks, President Donald Trump suggested that Apple CEO Tim Cook should reconsider plans for construction in India. Insiders claim that expanding production in India could offer substantial advantages for major tech companies like Apple, which is looking to boost local manufacturing in order to produce a significant portion of its iPhones domestically. […]
Bridgewater founder Ray Dalio plans to establish an office in Saudi Arabia, according to sources
Ray Dalio, the billionaire founder of Bridgewater Associates, which is known as the largest hedge fund globally, has plans to establish a new family office in Saudi Arabia. Born in New York, Dalio’s wealth is estimated at around $14 billion by Forbes. This new family office, based in Riyadh, is intended to help manage investments […]
Air traffic controllers’ union disrupts Sean Duffy’s efforts to increase hiring, sources say.
Challenges for Air Traffic Controllers Amid Retirement Policies In Washington, the leading association of air traffic controllers is complicating the transportation secretary’s initiative to increase workforce numbers by discouraging older employees from working beyond retirement age, according to recent reports. Transportation Secretary Duffy is proposing cash bonuses of up to 20% of the Federal Aviation […]
Equality authority in the UK to prolong consultation on gender guidance, according to sources.
Backlash Surrounds EHRC’s Temporary Guidance on Gender Issues The UK Equality and Human Rights Commission (EHRC) is likely poised to respond to a significant backlash from staff and stakeholders regarding its recent temporary guidance following the Supreme Court’s ruling on gender matters. Insiders suggest that the EHRC may reconsider its initial stance, given the strong […]
Chuck Todd Says Journalists Unquestioningly Trusted Sources Regarding Biden’s Mental Weakness
Chuck Todd seems to acknowledge that reporters often accept information about Joe Biden’s mental state without skepticism. Initially, this contradicts his statement from ten days ago when he asserted—without any supporting evidence—that the media had not covered Biden’s declining mental abilities. Just last month, he reacted strongly to the idea that the media overlooked this […]
Meta sought assistance from Big Tech critic Media Research Center right before the FTC trial, according to sources.
Meta seems to be reaching out to influential critics in the tech sphere, presumably to win favor with Zuckerberg and sidestep a significant antitrust trial looming on the horizon. The Federal Trade Commission has accused Zuckerberg of employing a “buy or bury” tactic to maintain its monopoly status, which led to Meta selling off Instagram […]
Mayor Adams sought a meeting with Trump’s team to gain an advantage for NYC amid his narrow reelection chances, according to sources.
Mayor Eric Adams has managed to arrange a meeting with President Trump, aiming to strengthen his position in New York City and solidify his long-term plans at City Hall, according to sources. This past Friday, Adams made an unplanned visit to a pier in Washington, D.C., where he is expected to discuss significant initiatives, including […]