2025-05-02
Apple says tariffs will cost it a whopping $900 million this quarter
Tariffs are about to hit Apple (AAPL) — and hard. As Big Tech and other firms continue to grapple with the Trump administration’s shifting tariff policies, Apple CEO Tim Cook said during the company’s latest earnings call that tariffs could cost it $900 million this quarter [...]
2025-05-02
A DOGE Recruiter Is Staffing a Project to Deploy AI Agents Across the US Government
A startup founder told a Palantir alumni Slack group that AI agents could do the work of tens of thousands of government employees. He was met with emojis of clowns and a man licking a boot. [...]
2025-05-02
Kuwait cracks down on crypto miners to cut down on electricity usage
Kuwait is cracking down on cryptocurrency miners throughout the country, as reported by Reuters. Officials have blamed the practice for blackouts and for causing stress on its power grid. The country started this crackdown just before the onset of summer, which experts say could [...]
2025-05-02
TikTok hit by a €530 million fine in the EU for illegally sending Europeans' data to China
The EU Data Protection Commission (DPC) has found TikTok in breach of GDPR for not fulfilling its obligations concerning data transfers to China and transparency. TikTok has rejected the decision and plans to appeal. [...]
