EU slammed over multi-billion AI infrastructure splurge plan
The EU faces accusations of wasting €20 billion on AI gigafactories, as lawmakers and experts warn there is no demand for the infrastructure
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Day: May 4, 2026
GOP senator scolded online for ‘disgusting’ comparison of Dem colleague to OJ Simpson
Sen. Mike Lee (R-UT) faced backlash after he used the death of Nicole Brown Simpson to mock Sen. Elizabeth Warren (D-MA) over the abrupt shutdown of Spirit Airlines.In a Monday post on X, Lee shared a photo of O.J. Simpson and Brown Simpson, suggestin…
Katie Haun raises $1B for two funds split between early and later-stage investments, looking at startups blending financial services, AI, and alternative assets (Natasha Mascarenhas/Bloomberg)
Natasha Mascarenhas / Bloomberg:
Katie Haun raises $1B for two funds split between early and later-stage investments, looking at startups blending financial services, AI, and alternative assets — Katie Haun, a former Andreessen Horo…
President Trump and the First Lady Welcome King Charles III and Queen Camilla for State Visit Honoring 250 Years of Shared Heritage
By R Anil Kumar Washington/Bengaluru, May 3, 2026. President Donald J. Trump and First Lady Melania Trump hosted His Majesty King Charles III and Her Majesty Queen Camilla at the White House this week for the first state visit by a British monarch in n…
Iran War Live Updates: Uncertainty in Strait Escalates as U.S. and Iran Trade Threats
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Bret Taylor’s Sierra, which sells AI customer service agents, raised a $950M Series E led by Tiger and GV at a $15.8B post-money valuation, up from $10B in 2025 (Kate Rooney/CNBC)
Kate Rooney / CNBC:
Bret Taylor’s Sierra, which sells AI customer service agents, raised a $950M Series E led by Tiger and GV at a $15.8B post-money valuation, up from $10B in 2025 — Artificial intelligence startup Sierra is raising…
Circle jumps 16% on Clarity Act compromise that preserves stablecoin rewards
Lawmakers over the weekend reached a compromise on the market structure bill known as the CLARITY Act that keeps stablecoin reward programs intact.
Louisiana Republicans eliminate elected office won by Democratic exoneree
Future of Calvin Duncan’s position as the clerk of New Orleans’ criminal district courthouse remains unclearLouisiana Republicans eliminated an elected position days before a Democratic exoneree who overwhelmingly won the New Orleans-based post was set…
GameStop makes $55.5bn takeover offer for eBay
GameStop’s boss Ryan Cohen says he sees potential to make eBay a much bigger rival to Amazon.
Europeans Prepare for a More Dangerous World in a Time of Economic Upheaval
A stalwart on defense spending, Poland is training its citizens in civil defense while balancing their jobs and families.