Posts by Amelia Frost
The Crypto Industry Is Spending Big On The Midterms. Now A Coinbase-Backed Group Is Picking Its Candidates.
A Coinbase-backed crypto advocacy group has endorsed 32 House incumbents for the November midterms, adding an organized voter campaign to the nearly $200 million the industry has already poured into this year’s elections. Stand With Crypto said all 32 lawmakers backed the Clarity Act when it passed the House last year. The legislation, which would…
Read MoreLegendary Singer Dolly Parton Dies At 80
Iconic singer Dolly Parton has died at the age of 80, her family announced on Tuesday. Parton’s decades-long career and string of hits, as well as her philanthropic activity, turned her into a staple of American culture. Overall, she released almost 50 studio albums and sold more than 100 million records. She also won 10…
Read MoreTemu To Strengthen Governance, Upgrade Supply Chains As Trade Rules Shift
Temu parent PDD Holdings said it would step up investment in platform governance and compliance while working with logistics partners and sellers to keep affordable products available to consumers, as higher tariffs and new regulatory requirements reshape global e-commerce. The industry has been adjusting to higher tariffs and the suspension of duty-free de minimis treatment…
Read MoreSuccess Is Not the End of the Journey
Many people approach their vision of success like a destination to be reached, and that crossing that imaginary finish line will bring all of the rewards that they truly want. From our earliest memories, we are led to believe in a lie. “If I build the company, then I’ll be respected and admired.” “If I…
Read MoreCIA Director Ratcliffe Unexpectedly Traveled To Moscow For Meetings: Report
CIA Director Jim Ratcliffe made an unexpected trip to Russia to hold a series of meetings, according to a new report. CBS News detailed that a U.S. Air Force Boeing C-17A Globemaster III transport plane could be seen at a Moscow airport along with a U.S. diplomatic motorcade. Neither U.S. nor Russian officials commented on…
Read MoreSpaceX Pushed Up The Timeline To Launch Its First AI-powered Satellites. Its Stock Is Climbing.
SpaceX’s stock is climbing on Tuesday after CEO Elon Musk said the company is pushing up the timeline to launch an AI-powered satellite. “SpaceX, in partnership with Nvidia, has designed a space-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year, with significant scale in 2028,” Musk said in a social media…
Read MoreIranian State TV Appeared To Threaten Barron Trump. The Secret Service Says It Is Investigating
Iran’s state broadcaster IRIB aired the nearly three-minute video over the weekend, using an English-language graphic that explicitly referred to killing Barron Trump. Getty Images The U.S. Secret Service says it is investigating a video aired by Iranian state television that appeared to threaten the life of Barron Trump, the youngest son of President Donald…
Read MoreApple Goes Bigger on AI. New Mac Mini and Mac Studio Can Run Powerful Models On-Device.
Apple is upgrading two of its most powerful desktop computers as the company moves further in implementing artificial intelligence into its products, unveiling new Mac Mini and Mac Studio models designed to run increasingly sophisticated AI models directly on the device. The new computers, announced Tuesday, arrive just weeks before Apple is expected to introduce…
Read MoreTrump Administration Wants To Revoke 200,000 Visas From Asylum Seekers. It Would Be The Largest In History.
The U.S. government wants to revoke the visas of 200,000 foreigners who have applied for or are seeking asylum status, according to a new report. The revocation, which would be the largest ever according to the Associated Press, would target individuals who came to the U.S. on B1 or B2 visas and then subsequently sought…
Read MoreTrump Says Iran’s Economy Is Collapsing. The Rial, Inflation And Oil Revenues Paint The Picture.
Iran’s economic crisis continues to deepen after six months of war and mounting U.S. pressure, with its currency hitting a record low, inflation approaching 70% and oil revenues sharply reduced as President Donald Trump intensifies efforts to isolate Tehran. The rial fell to about 2.02 million to the U.S. dollar on Monday, compared with roughly…
Read MoreSK Hynix Workers Were Offered A 6.3% Pay Raise. They Rejected The Deal By Just 25 Votes.
SK Hynix workers narrowly rejected a tentative wage agreement that included a 6.3% salary increase and major changes to performance bonuses, with just 25 votes separating the two sides after two months of negotiations. Of the 15,045 union members who voted, 7,535, or 50.08%, opposed the agreement, while 7,510 supported it, Yonhap News Agency reported.…
Read MoreMilitary Activity In Hormuz Remains Subdued As U.S. Maintains Economic Pressure On Iran. Oil Drops Again.
Oil prices continue to fall on Tuesday after the chairman of the Iranian Parliament’s Foreign Relations Committee said the U.S. asked a Pakistani delegation to encourage Iran to return to peace talks. Brent crude, the international benchmark, dropped almost 3% at 9:52 a.m. on Tuesday and stood below $87.90 a barrel, while West Texas Intermediate,…
Read More