Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X. The all-stock deal values xAI at a staggering $80 billion, while X is valued at $33 billion. Both companies, privately owned and controlled by Musk, share a roster of high-profile investors, including Andreessen Horowitz, Sequoia Capital, Fidelity…
Carlo Ancelotti, the legendary coach of Real Madrid, is set to stand trial next week in Spain for alleged tax fraud. Prosecutors are seeking a prison sentence of four years and nine months, accusing the 65-year-old Italian of failing to declare over one million euros ($1.1 million) in income from image rights between 2014 and…
Mark Zuckerberg, CEO of Meta, has officially secured a spot among the world’s top three billionaires for the first time, with an astonishing net worth of $242 billion. According to the Hurun Global Rich List 2025, the 40-year-old tech mogul saw his fortune skyrocket by 53%, adding $84 billion over the past year. This surge…
Russian President Vladimir Putin has suggested placing Ukraine under a form of temporary administration to facilitate new elections and sign key agreements toward resolving the war. His remarks, reported by Russian news agencies early Friday, came during a visit to the northern port of Murmansk. Putin’s idea stems from his long-standing assertion that Ukraine’s current…
Asian stocks slumped on Friday, with sharp declines in South Korea and Japan, as investors reacted to the latest tariff move from U.S. President Donald Trump. Meanwhile, gold soared to a record high, reflecting the growing unease in global markets. Trump has pressed ahead with a 25% tariff on imported automobiles, set to take effect…
The U.S. Department of Justice (DOJ) has seized approximately $201,400 in cryptocurrency linked to Hamas as part of an ongoing effort to disrupt terrorist financing networks. This operation is part of a larger crackdown on illicit financial activities, with authorities revealing that over $1.5 million in virtual currency has been laundered through these channels since…
As the summer transfer window approaches, Liverpool appear to be positioning themselves at the forefront of the race to sign Bayer Leverkusen’s Jeremie Frimpong. According to reports from the PA News Agency, the Premier League giants have identified the Dutch full-back as a serious target, though negotiations remain in the early stages. Frimpong’s rise to…
The European Union has ramped up its pressure on Belarus, imposing fresh sanctions on 25 individuals and seven entities accused of undermining democracy and the rule of law in the country. The latest measures, announced on Thursday, underscore the EU’s ongoing condemnation of Belarusian leader Alexander Lukashenko’s grip on power. Among the newly sanctioned entities…
Brazilian winger Antony has found a new lease on life since making the switch to La Liga, rediscovering the form that once made him a sought-after talent. After a challenging spell at Manchester United, the 24-year-old has impressed with his performances for Real Betis, contributing four goals and four assists in just 11 appearances across…
In a move set to escalate global trade tensions, President Donald Trump is expected to announce tariffs on auto imports this Wednesday, according to the White House. The decision comes as part of his administration’s broader strategy to impose levies on major trading partners, including Canada, Mexico, and China, in a bid to rectify what…
