News Gist .News

Bankrupt electric vehicle maker Nikola Corp. has received court approval to auction its Arizona manufacturing facility, which could attract automakers looking to relocate production to the U.S. amid ongoing tariff uncertainties. The 691,000-square-foot plant in Coolidge is deemed a "turn-key" facility, potentially appealing to buyers interested in streamlining their operations stateside. This auction comes as the automotive industry grapples with the implications of fluctuating tariffs from the Trump administration, adding urgency to the sale of Nikola’s assets.

Robinhood Markets has agreed to pay $29.75 million to settle regulatory probes into its supervision and compliance practices, including a failure to implement reasonable anti-money laundering programs that caused it to miss suspicious or unauthorized trading. The brokerage regulator accused Robinhood of violating numerous rules, including failing to properly supervise social media influencers who promoted the company. The settlement will provide restitution to customers who were affected by Robinhood's practice of "collaring" market orders.

Intuitive Machines experienced a significant 22% drop in its stock price following the confirmation that its second moon lander, Athena, landed on its side, mirroring its previous mission's outcome. Despite achieving several mission milestones and collecting data for NASA, the sideways landing raises serious concerns about the viability and reliability of the company’s lunar exploration capabilities. The incident comes at a precarious time for the firm, which is already navigating the competitive landscape of private space exploration.

Xiaomi is positioning itself to transition into the luxury car market, fueled by the unexpected success of its SU7 Ultra electric vehicle (EV), which exceeded initial sales forecasts with over 10,000 reservations shortly after launch. The company plans to expand its lineup with more premium models, potentially including hybrid options, while CEO Lei Jun hints at even higher-priced vehicles in the pipeline. This strategic shift reflects Xiaomi's ambition to enhance its brand image and compete with established luxury automotive brands.

The Federal Reserve is waiting for further clarity before making any decisions on the potential impact of new tariffs on inflation. The net effect of these policies remains unclear, with firms and households experiencing high uncertainty about their future costs. Powell's comments suggest that a simple case of one-time tariffs may not require a response from the Fed, but more complex scenarios could lead to tighter monetary policy.

Officials involved in diversity, equality, inclusion and accessibility programs at the U.S. Office of the Director of National Intelligence have been ordered to resign or be fired, the lawyer for two of the officials said on Friday. This move has sparked concerns about the erosion of inclusivity and equity in the nation's top intelligence agency. The decision comes as part of a broader trend of rolling back diversity initiatives under President Donald Trump's administration.

The recent decline of Tesla's stock price serves as a test of the company's long-term viability, forcing its largest supporter on Wall Street to defend the firm. Despite this sharp drop, Wedbush analyst Dan Ives remains bullish on Tesla, citing the potential benefits of Elon Musk's involvement in politics. However, the impact of Musk's foray into politics on Tesla's sales is still a subject of debate.

U.S. stocks rose on Friday as investors weighed tariff policies against signs of economic relief, with the S&P 500 adding 0.5% and the Nasdaq 100 popping up 0.7%. The Dow Jones Industrial Average advanced 0.5%, while Broadcom's strong earnings report lifted Nvidia's shares after they slumped the previous day. Meanwhile, February's jobs report came in weaker than expected, with nonfarm payrolls rising by a seasonally adjusted 151,000.

The S&P 500 has experienced its worst weekly performance since September, influenced by market reactions to President Trump’s fluctuating trade policies and a disappointing jobs report revealing a rise in the unemployment rate to 4.1%. Although the Dow Jones and Nasdaq managed slight gains on Friday, the overall sentiment remains cautious as investors grapple with economic uncertainties and the potential impact of ongoing tariffs. Fed Chair Jerome Powell's remarks indicate a reluctance to expedite interest rate cuts, further complicating the market outlook.

Bayer informed several brokerages of its intention to seek shareholder approval for a substantial share issue just one day prior to its formal announcement, which caused a notable decline in its stock price. The proposed increase of approximately 35% in shares outstanding is aimed at covering potential U.S. litigation costs, leading to a drop of up to 10% in share value following the news. Analysts expressed surprise at the market reaction, suggesting that the cash call could have been interpreted positively as a step towards resolving ongoing legal challenges.

Google has introduced a native Linux Terminal application in its March 2025 Pixel Feature Drop, allowing users to access a shell interface directly on their Android device. The Linux Terminal runs on top of a Debian Linux virtual machine, enabling users to download, configure, and run Debian. This move marks a significant shift towards Google's goal of turning Android into a proper desktop operating system.

The Samsung Galaxy Z Fold 6 is a testament to Samsung's design prowess, offering a near-perfect blend of form and functionality that justifies its premium pricing. With its advanced features, improved display, and polished design, the Z Fold 6 has raised the bar for foldable smartphones, making it a compelling choice for those willing to invest in this innovative technology. The phone's ability to seamlessly transition between phone and tablet modes has also made it an essential tool for productivity and entertainment.

The levies could hit virtually every ship calling at U.S. ports, foist up to $30 billion of annual costs on American consumers and double the cost of shipping U.S. exports, according to the World Shipping Council (WSC), which represents the liner shipping industry. Trump's administration aims to pay for an American shipbuilding comeback with help from potentially hefty port fees on Chinese-built vessels as well as ships from fleets with China-made vessels. This policy could have far-reaching consequences for global trade and consumer prices.

Walgreens Boots Alliance will be taken private by private equity firm Sycamore Partners in a $10 billion deal, ending nearly a century of public trading for the second-largest U.S. pharmacy chain. The acquisition reflects Walgreens' struggles with declining prescription margins, increasing debt, and competition from bigger stores. The purchase price represents a 90% drop from the company's $100 billion value in 2015.

The Samsung Galaxy S25 Ultra boasts a slimmer, lighter design, enhanced processor, and suite of Galaxy AI features that make it more powerful than ever. However, despite its numerous upgrades, the camera hardware remains largely unchanged, leaving some to be desired. The device's premium Android experience is further elevated by its durable display and upgraded camera lens with handy editing tricks.

Signal President Meredith Whittaker warned Friday that agentic AI could come with a risk to user privacy. Speaking onstage at the SXSW conference in Austin, Texas, she referred to the use of AI agents as “putting your brain in a jar,” and cautioned that this new paradigm of computing — where AI performs tasks on users’ behalf — has a “profound issue” with both privacy and security. Whittaker explained how AI agents would need access to users' web browsers, calendars, credit card information, and messaging apps to perform tasks.

Bong Joon-Ho's film Mickey 17 presents a unique blend of dark comedy and science fiction, following the journey of a space colonist who becomes an "expendable" in a colonization mission. The film explores themes of identity and consciousness through the character of Mickey, who is repeatedly reprinted after dying, leading to intriguing dynamics when faced with his own duplicates. Despite a chaotic third act that detracts from its initial brilliance, Mickey 17 remains an imaginative cinematic experience that invites viewers to ponder deeper philosophical questions.

The Lenovo ThinkPad T14s 2-in-1 marks a significant departure from its predecessors, as it introduces a metal chassis and pen features previously exclusive to the X series. This move signals a shift in design strategy for Lenovo's convertible ThinkPads, allowing them to better compete with industry giants like Apple. The ThinkPad T14s 2-in-1 also boasts improved performance and a more robust build quality compared to its predecessor.

The Xiaomi RedmiBook Pro 16 (2025) has been released for global import, featuring an Intel processor and a high-resolution 3K IPS display with a 165Hz refresh rate. The laptop comes with configurations that include up to 32GB of RAM and a 1TB SSD, while offering connectivity options such as HDMI, Thunderbolt 4, and USB Type-C. However, potential buyers should consider the challenges of warranty claims and limited keyboard layout options when importing.

The live stream of Natasha Jonas vs Lauren Price will headline an all-women card at the Royal Albert Hall, London, with the WBC, IBF, and WBA welterweight world titles on the line. Both fighters made weight, but controversy over the accuracy of the scales remains a concern. The event is part of an impressive all-female card featuring Caroline Dubois defending her title.

U.S. job growth showed signs of acceleration in February, with nonfarm payrolls increasing by 151,000, yet underlying challenges in the labor market are becoming apparent amid chaotic trade policies and significant government spending cuts. The unemployment rate has risen to 4.1%, reflective of a decrease in household employment and a notable increase in the number of individuals working part-time due to economic necessity. This volatility in the labor market raises concerns about the overall economic stability as businesses struggle to adapt to shifting trade dynamics.

Brother has denied allegations that it locked down third-party printer ink cartridges via forced firmware updates, with the company stating that such claims are "false" and "misleading". The company argues that variations in third-party toner quality could be responsible for print quality issues. However, users have reported degraded print quality when using non-OEM toner, leading to concerns about the company's intentions.

xAI is expanding its AI infrastructure with a 1-million-square-foot purchase in Southwest Memphis, Tennessee, as it builds on previous investments to enhance the capabilities of its Colossus supercomputer. The company aims to house at least one million graphics processing units (GPUs) within the state, with plans to establish a large-scale data center. This move is part of xAI's efforts to gain a competitive edge in the AI industry amid increased competition from rivals like OpenAI.

Oil prices posted a weekly loss amid efforts to end the war in Ukraine and tariff uncertainty. The Organization of Petroleum Exporting Countries' decision to increase production in April has raised concerns about a potential supply boost, while US tariffs on Russia's trading partners have sparked fears of a trade war. Despite President Trump's threat of further sanctions against Russia, oil prices remained below $70 per barrel at the end of the week.

The development of generative AI has forced companies to rapidly innovate to stay competitive in this evolving landscape, with Google and OpenAI leading the charge to upgrade your iPhone's AI experience. Apple's revamped assistant has been officially delayed again, allowing these competitors to take center stage as context-aware personal assistants. However, Apple confirms that its vision for Siri may take longer to materialize than expected.

The U.S. FAA reported that a recent explosion of a SpaceX Starship spacecraft disrupted approximately 240 flights, with space debris concerns requiring more than two dozen planes to divert. The incident resulted in significant delays and diversion of aircraft, highlighting the risks associated with space exploration. The FAA issued ground stops for four Florida airports and required SpaceX to perform a mishap investigation into the loss of the Starship vehicle.

Reddit users are debating the merits of American Express and Wealthfront savings accounts, particularly in light of declining interest rates. While Wealthfront offers a higher interest rate at 4% APY compared to American Express's 3.7% APY, the distinction lies in the account types, as Wealthfront provides a cash management account with higher FDIC insurance coverage through partner banks. The discussion highlights the importance of considering factors beyond interest rates, such as account features, fees, and insurance limits when choosing a savings account.

Anthropic appears to have removed its commitment to creating safe AI from its website, alongside other big tech companies. The deleted language promised to share information and research about AI risks with the government, as part of the Biden administration's AI safety initiatives. This move follows a tonal shift in several major AI companies, taking advantage of changes under the Trump administration.

Intuitive Machines' Athena lunar lander has ceased operations just a day after its landing at the moon's south pole, where it tipped over and could not recharge its batteries due to adverse conditions. Despite this setback, the company reported that several key experiments were successfully deployed, including NASA’s Polar Resources Ice Mining Experiment. This incident marks another challenge for Intuitive Machines, following a similar outcome with its previous moon lander, Odysseus, raising questions about the reliability of their lunar missions.

The U.S. Department of Defense is shifting its approach to buying software, aiming to increase access to commercial and non-traditional providers in an effort to rapidly modernize its weapons and business systems. The new direction, directed by Secretary of Defense Pete Hegseth, seeks to adapt to the reality of software-defined warfare and overhaul acquisition processes to keep pace with commercial technology advancements. By adopting a more streamlined approach, the Pentagon hopes to enhance the lethality of the U.S. military.

D-Wave Quantum Inc. has collaborated with Staque to develop a hybrid-quantum system designed to optimize the movements of autonomous agricultural vehicles at scale, streamlining farming operations and enhancing efficiency in large-scale farming. The application, built with support from Canada's DIGITAL Global Innovation Cluster and Verge Ag, aims to address the challenge of real-time route optimization in complex environments. By leveraging D-Wave's annealing quantum computing capabilities, the technology seeks to accelerate autonomy in agriculture and provide real-time optimization solutions.

A federal judge on Friday seemed deeply skeptical of a Trump administration lawyer's claim that she lacks the power to reverse President Donald Trump's removal of a Democratic member from a federal labor relations board. U.S. District Judge Sparkle Sooknanan expressed frustration with claims by Alexander Resar of the U.S. Department of Justice that the constitutional separation of powers bars courts from forcing the president to reinstate someone even if they find that a firing was illegal. The FLRA, which was created by Congress to be independent from the White House, hears disputes between federal agencies and their employees' unions.

RBC has laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year. The layoffs were reported to have started earlier this week, affecting various teams including technology and operations, personal banking, and commercial banking. The restructuring aims to better position RBC for future growth opportunities.

The iPhone 17 series is expected to feature four distinct models, with the Pro and Pro Max variants showcasing significant design changes. Although Apple has not officially announced any new iPhones, 3D-printed dummy units have revealed the rumored designs of all four models. These dummy units were produced in collaboration with Majin Bu and showcase minimal visual differences between the iPhone 16 and iPhone 17.

The highly anticipated AMD Radeon RX 9070 and 9070 XT GPUs have sparked controversy over alleged price increases following their release. However, in a surprising move, AMD has denied rumors of MSRP hikes, citing efforts to replenish stock at retailers. This decision suggests that supply and demand will ultimately determine GPU pricing for the RX 9070 line-up.

Abbott's Lingo is a continuous glucose monitor that provides accurate glucose levels for $50. It lasts for 14 days and helps users understand the relationship between their diet and its effects on their body. The app needs more active coaching to provide deeper insights into implementing healthier choices.

A broad overview of the four stages shows that nearly 1 million Windows devices were targeted by a sophisticated "malvertising" campaign, where malware was embedded in ads on popular streaming platforms. The malicious payload was hosted on platforms like GitHub and used Discord and Dropbox to spread, with infected devices losing login credentials, cryptocurrency, and other sensitive data. The attackers exploited browser files and cloud services like OneDrive to steal valuable information.

President Donald Trump has reaffirmed his commitment to the cryptocurrency sector by hosting key industry figures and announcing the establishment of a strategic bitcoin reserve, a move aimed at positioning the U.S. as a global leader in digital currency. During a White House summit, Trump emphasized the importance of holding bitcoin as a valuable asset, while his administration claims this initiative will not burden taxpayers. The reserve, described as a 'digital Fort Knox,' is intended to signal confidence in bitcoin's future, despite some political opposition regarding potential conflicts of interest.

LG has released a new 4K UltraGear gaming monitor in the US, sold as the UltraGear 32G810SA. The monitor's pricing is unclear, but it can be found for $500 less than advertised on Amazon. LG's UltraGear 32G810SA features a 31.5-inch panel based on In-Plane Switching (IPS) technology that resolves natively at 3,840 x 2,160 pixels (4K).

DJI has started rolling out new updates to its various FPV headsets, bringing a more immersive flight experience with Navigation-enabled flight control software (INAV) support. The new firmware packages can only be installed if the DJI Fly app is v1.16.0 or higher, and users must restart their drone, goggles, and remote after the update process is completed. The updates also introduce real-time telemetry data and the option to create flight plans without taking off.

Musk is set to be questioned under oath about his 2022 acquisition of Twitter Inc. in an investor lawsuit alleging that his on-again off-again move to purchase the social media platform was a ruse to lower its stock price. The case, Pampena v. Musk, involves claims by investors that Musk's statements gave an impression materially different from the state of affairs that existed, ultimately resulting in significant losses for Twitter shareholders. Musk completed the $44 billion buyout after facing multiple court challenges and rebranding the company as X Corp.

Aquiles Larrea, Founder and CEO of Larrea Wealth Management, has identified Caterpillar (CAT) and Altria (MO) as attractive blue-chip stocks for investors seeking stability in the current market environment. Larrea believes CAT presents a solid entry point for investment, predicting nearly 10% returns over the next 12 to 18 months, while highlighting MO's consistent profitability and 6% dividend yield as key factors in its appeal. Both stocks are positioned to weather market volatility better than many competitors, making them enticing options for cautious investors.

Canada has unveiled a significant aid package worth over C$6.5 billion to support businesses and individuals affected by U.S. tariffs, providing financial assistance, loan options, and modified employment insurance rules. The relief measures aim to help companies tap into new international markets, absorb losses, and prevent layoffs, addressing the potential economic impact of the trade dispute. These moves demonstrate Canada's efforts to mitigate the effects of the tariffs on its economy.

US President Donald Trump has halted all federal funding to South Africa, but the country has responded by refusing to engage in "megaphone diplomacy" and instead remains committed to building a mutually beneficial bilateral relationship. The move is seen as a significant escalation of tensions between the two nations, particularly over South Africa's land policy and genocide case at the International Court of Justice against Israel. Trump's executive order aims to pressure the South African government into revising its policies.

The PGA Tour is making a significant investment in an effort to reunify the golfing world, as a deal with Saudi Arabia-backed LIV Golf could potentially bring back some of the top players who have defected to the rival league. The proposed $1.5 billion deal would not only address the talent drain but also help to revitalize the game by increasing purses and offering more competitive opportunities for golfers. This move is a response to the growing influence of LIV Golf, which has disrupted the traditional golf landscape with its lucrative offers and innovative approach.

My tested picks are sleep headphones equipped with flat speakers, active noise canceling technology, and a long-lasting battery life that can be a game changer for a good night's rest, especially if noise is your number one nightmare. The best earbuds for sleep offer a more compact, subtle, and personal approach that won't wake the partner sleeping across from you. I've found sleep headphones with different price ranges and form factors, from a headphone sleep mask to sleep earplugs, that stack up on this list -- and on your pillow.

The Internet Archive's preservation of old 78s has sparked a heated debate between music labels and the platform. Music labels are seeking to limit the project's scope, citing the availability of similar recordings on streaming services. However, experts argue that these recordings face significant risks of being lost or forgotten due to their rarity and lack of commercial availability.

Telo, a Silicon Valley company co-founded by autonomous driving expert Jason Marks and ex-Tesla battery engineer Forrest North, has launched an electric pickup truck that aims to challenge Tesla's dominance in the market. The MT1 features a compact footprint, yet boasts Toyota Tacoma levels of practicality and load-lugging ability, with a range of up to 350 miles and a towing capacity of up to 6,600lbs. With its prices starting at $41,520 for the single motor variant, Telo is positioning itself as a more accessible alternative to Tesla's Cybertruck.

As of early 2025, the U.S. has seen a surge in AI-related legislation, with 781 pending bills, surpassing the total number proposed throughout all of 2024. This increase reflects growing concerns over the implications of AI technology, leading states like Maryland and Texas to propose regulations aimed at its responsible development and use. The lack of a comprehensive federal framework has left states to navigate the complexities of AI governance independently, highlighting a significant legislative gap.

Instagram is testing a new Community Chat feature that enables up to 250 people in a group, allowing users to form chats around specific topics and share messages. The feature includes built-in moderation tools for admins and moderators, enabling them to remove messages or members to keep the channel safe. Additionally, Meta will review Community Chats against its Community Standards.