When President Trump announced the new $500 billion Stargate AI venture from OpenAI, Softbank and Oracle on Tuesday, he promised it would ensure "the future of technology" in the U.S. So far, Wall Street appears to agree, with some analysts speculating about its potential to transform the tech industry.
With the U.S. government's TikTok ban set to kick in on Sunday, Americans have been flocking to an alternative social media platform, but it's another Chinese app, and experts say it could present the same, if not even more issues. There's been a surge in U.S. downloads of the Chinese-owned application Xiaohongshu, or "RedNote" as many users call it.
As deadly wildfires engulf swaths of Los Angeles County, forcing nearly 200,000 people from their houses, a still-to-be known number of residents will be contending with insurance claims to recoup losses and rebuild or repair their homes. For those looking to be treated fairly and paid for damage and destruction to their property, speaking up and doing advance research is crucial, experts and consumer advocates say.
In helping instigate a heated debate over H-1B visas, Elon Musk is speaking both from personal experience and as a business owner. That's because his company, electric car maker Tesla, is among the U.S. companies that bring thousands of foreign engineers and other skilled workers into the U.S. each year.