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Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states...
Jason Ma -
Venture capitalist David Sacks, who is President Donald Trump’s AI and crypto czar, warned of potentially catastrophic consequences if the U.S.-Israel war on Iran continues.In an episode of the All-In podcast on Friday, he said “we should probably find...
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U.S. lifts sanctions on Russian oil already loaded onto tankers, about 5-6 days’ worth of normal shipments through the Strait of Hormuz | Fortune
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war.The move, intended to soothe jittery markets over the disruption of Middle Eastern...
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The Lululemon founder who invented athleisure is now the company’s harshest gadfly | Fortune
Lululemon Athletica founder Dennis “Chip” Wilson left the company’s board in 2015, but he has been a thorn in the activewear giant’s side for months, resuming last autumn a years-long campaign in which he has frequently and publicly accused...
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The $265 billion private credit meltdown: How Wall Street’s hottest investment craze turned into a panic | Fortune
It was a glorious time to make money. From early summer 2023 to the close of January 2025, private equity stocks staged what may rank as the single biggest surge, over a tight time frame, in the annals of...
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U.S. hits military targets on Iran’s Kharg Island as war escalates | Fortune
President Donald Trump said the US had bombed military targets on a critical Iranian outpost in the Persian Gulf and threatened additional strikes targeting oil infrastructure if Tehran continued to block energy flows, in the latest escalation of the...
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Palantir CEO Alex Karp says there was ‘never a sense’ AI products would be used for domestic surveillance in Anthropic-DoD feud | Fortune
Right in the middle of the ongoing feud between the Silicon Valley AI company Anthropic and the U.S. Department of Defense over whether the military will use—or not use—Anthropic’s large language models is yet another company: Palantir.Palantir, the Miami-based...
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Judge quashes Fed subpoenas, saying DOJ has ‘produced essentially zero evidence’ against Powell, who hints at future as board governor | Fortune
A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.The investigation into testimony last June by Chair Jerome Powell...
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U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns | Fortune
Jason Ma -
This rom-com formula is now a staple of holiday TV programming: a busy professional from the big city goes back home for Christmas and falls for a local guy after admitting her current boyfriend wasn’t her true soul mate.According...
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Flagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war | Fortune
On Friday morning, the flashy crypto conference Token2049 Dubai, scheduled for late April, announced that it would not take place until 2027 amid war in the Middle East, according to a statement. On March 6, organizers had told Fortune...
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More people will own a humanoid robot than a car by 2060, BofA predicts | Fortune
The robot revolution won’t be driven by science fiction, according to Bank of America. It will be driven by demographics.In a detailed research note, BofA Global Research projects that the global humanoid robot population will reach 3 billion units by...
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LNG: Will the Iran war squeeze India’s piped gas next?
"No disruption is expected for homes and vehicles . The government has given priority to these two sectors," says...