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By CHRIS MEGERIAN and KEVIN FREKING, Associated Press WASHINGTON (AP) — Elon Musk is leaving his government role as a top adviser to President Donald Trump after spearheading efforts to reduce and overhaul the federal bureaucracy. The billionaire entrepreneur posted Wednesday about his decision on X, his social media website. “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending,” he wrote. “The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.” A White House official, who requested anonymity…
TechCrunch Sessions: AI takes over UC Berkeley’s Zellerbach Hall in just one week — join us June 5 for a full day of networking, learning sessions, satellite events, and more. And we’re adding another excellent speaker to our already packed lineup: Tkxel founder and CEO Umair Javed, who will be exploring the potency and potential for agentic AI to help small businesses. Getting a seat at the forefront of the AI industry has never been easier. For a limited time, save up to $300 on your pass — and get 50% off a second guest ticket. Register now before these…
Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots.Familiar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the world’s largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional uptake.It set a new all-time high of $111,970 on May 22 and has been trading near that level since, teasing investors with the possibility of a new ceiling.Here are some of the boldest Bitcoin price predictions from the first half of 2025 (so far).Bitcoin has stormed…
Telegram has struck a partnership with Elon Musk’s AI company, xAI, to distribute the latter’s chatbot, Grok, via Telegram and integrate it into apps available on the chat app’s platform for one year. xAI will pay $300 million in cash and equity to the chat app as part of the deal, Telegram’s CEO Pavel Durov said on Tuesday. Durov said Telegram will also earn 50% of the revenue from xAI subscriptions purchased through the app. Earlier this year, xAI made the Grok chatbot available to Telegram’s premium users. It seems Grok might now be made available to all users. A…
Tech companies are betting heavily that nuclear power can help deliver the electricity they need to realize their AI plans. But data centers need power tomorrow, and the nuclear industry isn’t known for its speed. Trey Lauderdale thinks AI can give nuclear the speed that it needs. Lauderdale’s obsession with nuclear started close to home. In San Luis Obispo, California, where he lives, he kept running into people who worked at the Diablo Canyon Power Plant. “They’re like the coaches of our flag football team,” he said. In talking with them, he learned that nuclear power plants are swimming in…
Check out the companies making headlines in premarket trading: Macy’s — The department store added more than 2% after the company reported earnings that beat estimates . Macy’s also slashed its profit outlook as a result of higher tariffs and more aggressive company promotions. Okta — The identity management software firm pulled back about 10% after standing by its guidance, citing macroeconomic uncertainty. The company did beat fiscal first-quarter expectations on the top and bottom lines, however. Freshpet — The pet food stock dipped nearly 2% following a downgrade to hold from buy at TD Cowen. The investment firm said…
Michael Saylor, executive chairman of Strategy, has stirred up the Bitcoin community with his recent comments on proof-of-reserves, calling it a “bad idea” that puts institutional security at risk. Speaking at a side event at the Bitcoin 2025 conference in Las Vegas, Saylor expressed strong concerns about the security implications of on-chain proof of reserves (PoR), a method used by many bitcoin companies to show they actually hold the assets they claim. “The conventional way of issuing proof of reserves today is actually insecure,” Saylor said. “It actually dilutes the security of the issuer, the custodians, the exchanges and the…
Summary Diablo Immortal’s anniversary brings events like Trial of True Evils and Battle Pass 40: Last Light’s Keepers. Players can also claim the 5-Star Blood Floe Legendary Gem gift and purchase the new Lineage of Beasts Cosmetic Set. A roadmap for 2025 promises new content with upcoming expansions: Prince of Freedom and The Flesh Harvest. Blizzard has revealed the exciting content being added to the MMORPG Diablo Immortal to celebrate the game’s third anniversary, outlining a host of events, updates, and gifts for the player base. Diablo Immortal was first released in 2022, developed by both Blizzard and mobile giant…
Scientific Games has officially been authorized as a lottery supplier in the United Arab Emirates by the General Commercial Gaming Regulatory Authority (GCGRA). This federal body, established in 2023, regulates all commercial gaming within the UAE, covering lottery, internet gaming, sports wagering, and land-based casinos, with a focus on integrity, innovation, and responsible operations.With an established global footprint, Scientific Games currently operates in 50 countries across five continents and serves over 150 lotteries worldwide. Its UAE licensing marks the company’s entry into the growing Middle Eastern gaming market, joining notable competitors such as Aristocrat and IGT. Novomatic has also obtained a…
Opera on Tuesday revealed a new browser, called Opera Neon, that will focus on AI workflows and performing tasks on your behalf, like shopping, filling out forms, and coding. The browser is currently behind a waitlist, but the company said users will have to subscribe to use it once it releases. Pricing details were not disclosed. Notably, Opera Neon browser features three new buttons on its sidebar: Chat, Do, and Make. Chat presents a chatbot interface with which you can search the web, get answers to your queries, and ask for more information about web pages you’re browsing. Do uses…