SpaceX’s $2 Trillion IPO Asks Investors to Bet on Musk’s Rockets, Starlink and AI Ambitions
SpaceX’s planned initial public offering is shaping up as one of the most ambitious market debuts in history, with investors being asked to value Elon Musk’s company at close to $2 trillion. The IPO would require buyers to believe SpaceX can grow far beyond its already powerful rocket and satellite businesses, turning Starlink profits, reusable […]
Young Americans Sue Trump Administration to Stop Major Climate Pollution Rollbacks
A group of 18 young Americans is asking a federal court to immediately block the Trump administration from dismantling some of the country’s most important climate pollution protections. The lawsuit, Venner v. EPA, challenges the administration’s repeal of the 2009 endangerment finding, the landmark Environmental Protection Agency determination that greenhouse gases endanger public health and […]
Trump Administration Targets Raúl Castro in Miami Case Tied to Deaths of Four Americans
The United States has indicted former Cuban President Raúl Castro over the 1996 downing of two civilian planes operated by the exile group Brothers to the Rescue, a dramatic legal move that sharply escalates Washington’s pressure campaign against Cuba’s government. The Guardian reported that charges were filed in federal court in Miami against the 94-year-old […]
NASA’s Mars Rover Approaches 26-Mile Mark While Searching for Clues to Ancient Life
NASA’s Perseverance rover is close to completing a symbolic “Martian marathon,” having traveled nearly 26.22 miles, or 42.2 kilometers, across the surface of Mars since landing in Jezero Crater on February 18, 2021. The milestone highlights how far the rover has exceeded its original mission expectations, both literally and scientifically. What began as a mission […]
Intuit Cuts 3,000 Jobs as It Restructures Around AI and Faster Growth
Intuit is cutting about 17% of its global workforce, equal to roughly 3,000 employees, as the maker of TurboTax and QuickBooks tries to simplify its structure and sharpen its focus on major growth priorities, especially artificial intelligence. CEO Sasan Goodarzi announced the layoffs in an internal memo, saying that reducing complexity would help the company […]
Young Workers Push Back as AI Anxiety Grows Over Jobs, Creativity and the Future of Work
The artificial intelligence revolution is no longer being greeted only with excitement. Among many young people entering the workforce, it is increasingly being met with fear, frustration and open resistance. Former Google CEO Eric Schmidt was booed during a commencement speech at the University of Arizona after telling graduates that AI’s impact would be “larger, […]
