Author: GT

NEW YORK (AP) — The Trump family is licensing its name to a new mobile phone service, the latest in a string of ventures announced while Donald Trump is in the White House despite ethical concerns that the U.S. president could mold public policy for personal gain. Eric Trump, the president’s son running The Trump Organization in his absence, announced a new venture Monday called Trump Mobile. The plan is to sell phones that will be built in the U.S., and the phone service will maintain a call center in the country as well.The announcement of the new mobile phone…

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020.Calvin Sit | Bloomberg | Getty ImagesJustin Sun’s crypto company Tron is set to hit the public market through a reverse merger with a manufacturer of custom toys and souvenirs for the world’s biggest theme parks.SRM Entertainment, a Nasdaq-listed merchandise supplier that has licensing deals with Disney, Universal Studios (owned by CNBC parent NBC Universal) and SeaWorld, said on Monday that it will raise $100 million from a private investor to buy TRON tokens, and will issue preferred shares and warrants that value the…

A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Steve Nesius | ReutersUnited Launch Alliance on Monday was forced to delay the second flight carrying a batch of Amazon’s Project Kuiper internet satellites because of a problem with the rocket booster.With roughly 30 minutes left in the countdown, ULA announced it was scrubbing the launch due to an issue with “an elevated purge temperature” within its Atlas…

After years of providing free services without any bells attached, WhatsApp is now going to start showing ads on the popular chat app. To be clear, users will only see ads on the Status screen — the app’s take on Instagram’s Stories. So just like you see an ad after watching a few stories on Instagram, you will see ads on WhatsApp after you’ve scrolled through a few Status updates. The company said that its ad mechanism uses signals like users’ country or city, language, and the channels they’re following, as well as data from ads that users interact with.…

Throughout her years working in technology, Jenny Wang, 28, always found herself stumbling back to one idea — a personal styling agent to help users decide what to wear and buy based on their budget, lifestyle, weather, and calendar.  She has tried to build such a product numerous times in the past, “but the AI technology was not yet mature enough,” she told TechCrunch. That’s changed, so a few months ago she announced the launch of her dream company, Alta, followed by the announcement today of an $11 million seed round led by Menlo Ventures.  The product, which feels straight…

LONDON (AP) — WhatsApp said Monday that users will start seeing ads in some parts of the app, as owner Meta Platforms moves to cultivate a new revenue stream by tapping the billions of people that use the messaging service. Advertisements will be shown only in the app’s Updates tab, which is used by as many as 1.5 billion people each day. However, they won’t appear where personal chats are located, developers said. “The personal messaging experience on WhatsApp isn’t changing, and personal messages, calls and statuses are end-to-end encrypted and cannot be used to show ads,” WhatsApp said in…

Ericsson’s Cognitive Network Solutions has joined forces with AWS to develop AI technologies for self-healing mobile networks.Behind every text message and video call lies a complex system that telecom companies spend billions maintaining. This partnership between Ericsson and AWS aims to make those networks not just smarter, but virtually self-sufficient.Jean-Christophe Laneri, VP and Head of Cognitive Network Solutions at Ericsson, said: “This collaboration marks a pivotal milestone in network optimisation technology.“AWS’ global infrastructure and AI, alongside Ericsson’s unique cross-domain telecom experience and insights, will assist communication service providers in adapting to changing business conditions with predictable costs and enhanced operational…

The Israel-Iran conflict escalated over the weekend — not that you could tell by looking at the financial markets on Monday. The major U.S. stock benchmarks opened higher. Oil prices fell. Gold, the ultimate safe-haven asset, also edged lower. Abroad, the pan-European Stoxx 600 was slightly higher and stock indexes in the Asia-Pacific region climbed, too. It is basically the mirror opposite to Friday’s action, as Israel’s first round of strikes on Iran’s nuclear facilities coursed through global markets, sending equities lower, oil surging and gold gaining. Investors following the news over the weekend might’ve expected more of the same…

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re tracking layoffs in the tech industry in 2025 so you can see the trajectory of the cutbacks and understand the impact on innovation across all types of companies. As businesses continue to embrace AI and automation, this tracker serves as a reminder of the human…

KOGE MARINA, Denmark (AP) — From a distance they look almost like ordinary sailboats, their sails emblazoned with the red-and-white flag of Denmark. But these 10-meter-long (30-foot-long) vessels carry no crew and are designed for surveillance.Four uncrewed robotic sailboats, known as “Voyagers,” have been put into service by Denmark’s armed forces for a three-month operational trial. Built by Alameda, California-based company Saildrone, the vessels will patrol Danish and NATO waters in the Baltic and North Seas, where maritime tensions and suspected sabotage have escalated sharply since Russia’s full-scale invasion of Ukraine on Feb. 24, 2022.Two of the Voyagers launched Monday…