ToplineElon Musk took aim at Transportation Secretary Sean Duffy in a series of social media posts Tuesday, accusing the acting NASA administrator of having a “2 Digit IQ” and claiming he was “trying to kill” NASA—after Duffy suggested NASA might drop Musk’s SpaceX as a contractor for an upcoming manned moon mission. WASHINGTON, DC -…
ToplineApple overtook Microsoft as the world’s second-most-valuable- company Monday after a stock rally fueled by heightened demand for the iPhone 17, the tech giant’s latest flagship model, pushed the tech behemoth’s market cap near the $4 trillion mark for the first time ever. Apple shares traded up over 4% Monday. (Photo by Annice Lyn/Getty Images)Getty…
ToplineThe star-studded annual gala for the Academy Museum of Motion Pictures in Los Angeles brought an array of dazzling jewelry pieces and high-dollar watches to the red carpet, including a 41.93-carat Australian black opal necklace worn by actress Lucy Liu. Lucy Liu attends the 5th Annual Academy Museum Gala wearing the “Lillian” necklace by designer…
Chinese President Xi Jinping 2019 New Economy Forum in BeijingGetty ImagesLast month Chinese leader Xi Jinping gave a speech where he encouraged Chinese enterprises to ‘seize the opportunity’ in using and accelerating the development of blockchain technology. This was a significant event in China’s perspective of the technology and cemented several previous public statements regarding…
ToplineBrown University became the second high-profile university to turn down the Trump administration’s “Compact For Academic Excellence in Higher Education” — a deal that offers special funding advantages for schools that make policy changes aligned with President Donald Trump’s education agenda. Brown declined the compact Wednesday afternoon.Moment Editorial/Getty ImagesKey FactsBrown University president Christina H. Paxson…
Walking with Michl Binderbauer into his 2-acre laboratory feels a bit like taking a factory tour with Willy Wonka. In one corner Binderbauer, chief executive of TAE Technologies, shows off a new machine that blasts cancer tumors with a neutron beam. Engineers huddle in a control room. Beyond their window: Norman. That’s the name of…
The founder who runs a billion user company with 40 people (and no phone) Getty ImagesMost tech billionaires can’t function without their phones. Pavel Durov built a billion-user messaging app without one. Pavel Durov, the 41-year-old founder and CEO of Telegram, runs one of the world’s most valuable tech companies with just 40 engineers. His…
ToplineShares of companies producing rare earth minerals surged Monday as JPMorgan announced a decade-long $1.5 trillion “Security and Resilience Initiative” aimed at investing in industries like artificial intelligence, manufacturing and critical minerals—and surely to curry favor with President Trump, who has urged major entities to invest in his “America First” economic agenda. JP Morgan headquarters…
To purchase gold isn’t much different from hiding money in the proverbial coffee can. Yes, rising gold signals a little or a lot of economic decline. The yellow metal’s upward trajectory in dollars brings to mind a weekly gathering of old at Caltech. Professors wouldn’t talk about the experiments that worked, rather they’d revel in…
ToplineThe Massachusetts Institute of Technology turned down the Trump administration’s “Compact for Academic Excellence in Higher Education” on Friday, according to multiple reports, becoming the first school to reject the funding deal that looks to have a group of universities adhere to policy changes aligning with President Donald Trump’s agenda. MIT issued the letter Friday.…
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