DOJ assists Musk's xAI in NAACP air pollution suit, asks court to toss case
US Top News and AnalysisThe DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk's xAI, now owned by SpaceX.
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From TikTok's unprecedented $10 billion government fee and Google's landmark antitrust verdict to the FTX collapse and Boeing's whistleblower scandal, Trill News covers the corporate and business stories that determine how the global economy is shaped. We report on Big Tech, Wall Street, startups, antitrust litigation, and the boardroom decisions that affect everyone.
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Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options
FinanceBurry argued the company's market capitalization had reached levels that dwarf many established businesses and fortunes.
Read article →The Complete Calvin and Hobbes is a great last-minute Father’s Day gift
The VergeFather’s Day is nearly here. Hopefully, you already got a gift for dads you care about, but if not, here’s a quick, easy recommendation for anyone who enjoys a good comic strip. The Complete Calvin and Hobbes contains...
Read article →Novig wins CFTC approval as competition intensifies in sports prediction markets
US Top News and AnalysisNovig is building a peer-to-peer sports trading platform that allows users to trade directly against one another rather than bet against the house.
Read article →Fed Chair Warsh expected to withhold 'dot' from central bank's interest rate outlook
FinanceThe central bank's Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.
Read article →US approval of Paramount/Warner Bros. deal surprised DOJ lawyers, report says
Ars Technica - All contentTrump admin green-lighting $111B deal "reeks of corruption," Sen. Warren says.
Read article →SpaceX's blistering start still faces key tests that will determine the stock's true value
US Top News and AnalysisSpaceX's stock has yet to face true price discovery.
Read article →The new oil? Inside the effort to turn AI computing power into a tradeable commodity
FinanceAI compute futures could eventually rival some of the world's largest commodity markets, Silicon Data's Carmen Li believes.
Read article →All the latest news on Android 17, Wear OS 7, and Android XR
The VergeGoogle’s Android 17 update includes highlights like new floating “Bubble” app windows for easier multitasking, a Screen Reaction recording mode, and a 50/50 split gaming mode for foldable phones. Meanwhile, Wear OS 7 ...
Read article →SpaceX rises 4% to leapfrog Amazon in market cap, closes short of Microsoft
US Top News and AnalysisCEO Elon Musk said Sunday that the company "might be able to reach approximately" $1 trillion revenue in 2030.
Read article →Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach
FinanceTraders think it's more likely than not that access is restored by July 1.
Read article →Pentagon boasts of using AI to write reports mandated by Congress
Ars Technica - All contentPentagon also claims 1.5 million personnel are using generative AI tools.
Read article →Technical factors are adding fuel to SpaceX's meme stock fire
US Top News and AnalysisOptions, leveraged ETFs and index arbitrage are likely boosting the stock ahead of its inclusion in some benchmark stock indexes.
Read article →SpaceX IPO leaves retail investors with too few shares and a tough hold-or-sell decision
FinanceThose who did receive stock are taking different approaches, with some selling into the company's market debut while others holding for the long haul.
Read article →Android 17 starts hitting Pixel phones and watches today
Ars Technica - All contentPixels will get their OTA in the coming weeks, but don't expect monumental changes.
Read article →Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets
US Top News and AnalysisOdds that a proposed billionaire tax is on California's ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.
Read article →People in China are watching the World Cup differently this time
FinanceA 12-hour-plus time difference and various streaming options are influencing how people in China watch the World Cup.
Read article →Android 17 arrives on Pixel phones today
The VergeFollowing its official debut last month, Google is now rolling out Android 17 to compatible Pixel phones, alongside additional exclusive features as part of the June Pixel Drop. Not every feature announced alongside t...
Read article →Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
US Top News and AnalysisCarvana has bought seven new vehicle franchises since last year that primarily sell Stellantis' Chrysler, Dodge, Jeep and Ram brands.
Read article →CFTC chair Selig defends decision to approve ‘perps’ in U.S.
FinanceMichael Selig said that incumbents will always fear the future, but it's important to develop the new asset class domestically rather than only offshore.
Read article →Google launches Wear OS 7 with Live Updates and a battery life boost
The VergeGoogle's Wear OS 7 update is starting to roll out today for the Pixel Watch 2, 3, and 4 , adding a new Live Updates feature that tracks live events from your Android smart watch. Live Updates will now sync with Wear O...
Read article →Wall Street's fear gauge tumbles as traders bid up SpaceX shares
US Top News and AnalysisThe biggest IPO has been digested without a hiccup, and Wall Street's so-called "fear gauge" is back below its long-term average.
Read article →Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor
FinanceThe yellow metal is at its lowest level of the year as potential interest rate increases and faltering technical signals weigh on prices.
Read article →Verizon’s ‘Simplicity’ flat-rate plan starts at $30 per month for new customers
The VergeVerizon is launching a new Simplicity plan that starts at $30 / month for new customers, or $45 / month for existing ones. In its announcement, Verizon says the plan drops activation and upgrade fees, while offering o...
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