Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public. Musk said in a post on X that the move will…… MORE
NEW YORK (AP) — A federal judge has halted the Trump administration’s efforts to dismantle the Voice of America, the eight-decade-old U.S. government-funded international news service. The judge calls the move a “classic case of arbitrary and capricious decision making.” Judge James Paul Oetken blocked the U.S. Agency for Global Media, which runs Voice of…… MORE
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt. Americans’ spending rebounded in February after a fall last month and incomes increased. Friday’s report from the Commerce Department showed that consumer prices increased 2.5% in February from a…… MORE
NEW YORK (AP) — The founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid has been convicted of defrauding JPMorgan Chase out of $175 million. Prosecutors said Charlie Javice tricked the bank by saying her company, Frank, had more than 4 million customers when it actually…… MORE
HOUSTON (AP) — The woman who has served nearly three decades in prison for killing Tejano music legend Selena Quintanilla-Pérez, has been denied parole by a Texas board. A three-member panel of the Texas Board of Pardons and Paroles announced Thursday that it voted to not release Yolanda Saldívar from prison. The panel says her…… MORE