On July 4, Will You be Celebrating the Founders or the Status Quo?

China Abruptly Blocks Meta's $2 Billion Takeover Deal Of Manus AI With just weeks to go before the Trump-Xi meeting in Beijing, China's National Development and Reform Commission unexpectedly blocked Meta Platforms' acquisition of the AI-agent startup Manus on Monday morning, signaling that Beijing has no problem with tightening control over high-value AI assets ahead of high-level talks. Bloomberg reports that China's NDRC has blocked Meta's $2 billion takeover of Manus, a Singapore-based AI-agent startup originally founded in China. Manus has been described as a general AI agent capable of automating...

Newsom Signs Laws Banning Shock Gloves And Taxing Immigration Detention Centers Authored by Chase Smith via The Epoch Times, California Gov. Gavin Newsom signed 21 bills on Sept. 29 aimed at limiting federal immigration enforcement in the state, including a ban on officers using shock gloves and a new 25 percent tax on private detention centers. California Gov. Gavin Newsom speaks in Los Angeles on Sep. 25, 2024. John Fredricks/The Epoch Times"California is taking action to strengthen transparency, accountability, and oversight around immigration enforcement in our state," Newsom said in a statement. "This...

Comcast Plunges As CFO Warns Broadband Subscriber Bleeding Won't Stop Comcast shares tumbled after CFO Jason Armstrong warned at the Goldman Sachs Communacopia + Technology Conference that broadband subscriber losses would not improve this quarter from a year earlier. Bloomberg first reported Armstrong's comments, which sent shares down as much as 8.1% around 11:16 a.m. ET, their largest decline in months. Armstrong told the audience at the conference in San Francisco, California, today that he still expects broadband subscriber losses to improve for the full year, although quarterly results will vary. He...