US Has No Plan To Renew Iranian, Russian Oil Waivers, Bessent Says

META Delays AI Rollout Because It Sucks, May License Gemini; Musk Reboots xAI 'From The Foundations Up' Mark Zuckerberg bet the farm on AI supremacy, and this year's crop is infested with bugs. According to a new report, Meta has quietly pushed back the launch of its next-generation foundational AI model, internally code-named Avocado, from this month until at least May. The reason? Internal tests showed it underperforming on key benchmarks for reasoning, coding, and writing - trailing rivals like Google's Gemini 3.0, even as it beat Meta's own prior efforts and...

Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened In retrospect, if only Cantor Fitzgerald was called PolyCantor, none of this would have happened. Ever since September, the upstart online betting marketplace PolyMarket has been offering traders the opportunity to make money by betting whether the US Supreme Court would rule in favor or against Trump's tariffs, with millions of bets placed for either outcome (of course, we learned the outcome at 10am ET on Friday, when a 6-3 majority - including two Justices selected by Trump - voted against the...

Two 17-year-old civilians, identified as Hussein Shakroun and Ahmad Roumani, were killed yesterday in the southern Lebanese town of Kfar Roumine when an Israeli drone attacked the vehicle on which they were riding. The attack happened on Sunday, but the bodies weren’t able to be recovered until Monday. Details are still emerging on the incident […]