Markets
Anthropic’s announcement that the Trump Administration ordered it to block foreign access to Fable 5 and Mythos 5 — prompting the company to completely cut off access to those AI models — sent a shock wave across the tech world.Here are some reactions on social media to the latest skirmish…
Anthropic said it plans to disable access to its latest top AI models, Fable 5 and Mythos 5, following a government export control that would bar foreign individuals and entities from using the products.The company said in a blog post on Friday evening that it had received a letter from…
Sialkot, Pakistan produces most of the world’s footballs, but only a select group of manufacturers hold FIFA licenses. To earn certification, factories must pass a series of demanding performance tests and pay high licensing fees. We visited Bola Gema to see what it takes to meet FIFA standards, and why…
Though the crowd was generally pretty bullish on SpaceX, Bryan Winter, an architect who stopped by on his way to work, said that this is “just another bubble.” We were, he said, watching “cult behavior.”Winter, who said he planned to buy some shares nonetheless, told me it wasn’t his first…
Elon Musk’s rocket company went public in a blockbuster IPO, skyrocketing the CEO’s net worth above $1 trillion. How will the SpaceX IPO impact markets? Where does the company go from here? Business Insider’s Dan DeFrancesco and Joe Ciolli have the answers to these questions and more in a live…
Ford announced a recall covering more than a quarter million Ford Focus vehicles over an issue that may cause the engine to stall unexpectedly. The recall affects 255,404 Focus vehicles from the 2012-18 model years due to an issue with the canister purge valve (CPV). These vehicles were covered by…
David Ellison’s Paramount Skydance just got the official green light to buy Warner Bros. Discovery from President Donald Trump’s Department of Justice.The US government signed off on Paramount’s $111 billion mega-deal on Friday, removing a major obstacle for Ellison’s media company as it tries to build a Hollywood superpower. However,…
SpaceX’s record-setting IPO is creating a financial windfall for thousands of the company’s current and former employees who received stock as part of their compensation. Workers who hold stock in non-public companies are subject to restrictions that can keep them from selling those shares under most circumstances before an IPO…
New York City Mayor Zohran Mamdani used SpaceX’s historic IPO — and founder Elon Musk’s newly minted status as a trillionaire — to push policy.”Reason #1,000,000,000,000 why we should tax the rich,” Mamdani wrote on X in response to Musk becoming the world’s first trillionaire on Friday.Musk reached the financial…
A SpaceX-branded tomahawk steak carving station.That’s the kind of extravagant detail JPMorgan put into a celebration for Elon Musk’s rocket-making company’s record-breaking public debut.JPMorgan is set to host around 250 SpaceX employees at its new Park Avenue headquarters for an intergalaxy-inspired evening with dinner and cocktails Friday, a source familiar…
