Author: GT

A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, January 30, 2020.Steve Marcus | ReutersThe rare-earth miner MP Materials will enjoy growing strategic value to the U.S., as geopolitical tensions with China make the supply of critical minerals more uncertain, according to Morgan Stanley.The investment bank upgraded MP Materials to the equivalent of a buy rating with a stock price target of $34 per share, implying 32% upside from Friday’s close.MP Materials owns the only operating rare earth mine in the U.S. at Mountain Pass, California. China dominates the…

The recently pardoned founder of Nikola, Trevor Milton, has been fighting a subpoena from the creditors of his bankrupt electric trucking company. The official committee of unsecured creditors in the bankruptcy case sent the subpoena to Milton’s lawyers on April 1, according to a recent filing. Milton owed Nikola nearly $100 million before it filed for bankruptcy in February, which followed an arbitration case with the company in 2023 related to his criminal conviction that he lost. The committee says Milton still hasn’t paid, and is trying to use the subpoena to determine the current state of his financial affairs.…

Representatives Yvette Clarke (D-NY) and Beth Van Duyne (R-TX) launched the bipartisan Congressional Creators Caucus on Thursday, which aims to support the creator economy. Though it once seemed like a pipe dream to make a living on the internet, this industry has become a reality — Oxford Economics estimates that YouTube’s ecosystem alone powered over 390,000 full-time equivalent jobs in 2022, while Goldman Sachs estimates that the creator economy could be worth half a trillion dollars by 2027. But the U.S. government doesn’t have much regulatory oversight or understanding of the creator economy as it stands, leaving creator businesses in…

LONDON (AP) — Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a judge has said — warning that attorneys could be prosecuted if they don’t check the accuracy of their research.High Court justice Victoria Sharp said the misuse of AI has “serious implications for the administration of justice and public confidence in the justice system.”In the latest example of how judicial systems around the world are grappling with how to handle the increasing presence of artificial intelligence in court, Sharp and fellow judge Jeremy Johnson chastised lawyers in two recent cases in a ruling…

WWDC 2025, Apple’s annual developers conference, starts at 10 a.m. PT / 1 p.m. ET. Monday. Last year’s event was notable for its focus on AI, and this year, there is considerable pressure on the company to build on its promises. As in previous years, the company will focus on software updates and new technologies, including the next version of iOS, which is rumored to have the most significant design changes since the introduction of iOS 7. But iOS 19 (or 26, if other rumors about the new naming system are true) isn’t the only thing the company will announce…

As Apple prepares to unveil iOS 19 at WWDC 2025 on Monday, several rumors have surfaced, including a potential new name for the operating system, an entirely new design inspired by the Vision Pro, and more.   Here’s a roundup of the most notable features rumored to be coming to iOS 19.  New name Sources told Bloomberg that Apple plans to rename its operating systems to reflect the release year rather than using version numbers. This means that iOS 19 will be renamed iOS 26, similar to how car model years are designated. This name change will also apply to…

OpenAI’s head of marketing, Kate Rouch, has announced she’s stepping away from her role for three months while she undergoes treatment for invasive breast cancer. In a post on LinkedIn, Rouch says that Gary Briggs, Meta’s former CMO, will serve as interim head of marketing during her leave. “Earlier this year — just weeks into my dream job — I was diagnosed with invasive breast cancer,” wrote Rouch. “For the past five months, I’ve been undergoing chemo at UCSF while leading our marketing team. It’s been the hardest season of life — for me, my husband, and our two young…

Of all the words in the dictionary, Sarah Franklin says “balance” is perhaps her favorite — especially when it comes to companies embracing AI. Franklin leads the Jack Altman-founded employee performance software company Lattice, which is now worth $3 billion. Both onstage at SXSW London and in conversation with TechCrunch, she spoke a lot about balance — the opportunities in finding it, and the risks of not having it during this AI revolution.  “We put people first,” Franklin told TechCrunch, referring to Lattice, which has started to adopt more AI and automation features.  Although some companies are touting AI as…

The world is set to invest nearly twice as much in clean energy as fossil fuels this year, according to a new International Energy Agency report. While fossil fuel outlays are still significant — about $1.15 trillion this year — they’ll be dwarfed by clean energy, which is expected to receive $2.15 trillion in 2025.  But the real takeaway is that the energy transition doesn’t show signs of slowing. Plotting the two investment trends is revealing. Over the last decade, fossil fuel investment has been relatively steady, if declining slightly. There has been an uptick since a drop that coincided with…

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. From acquiring stealth startups to larger ones, and from funding Series A to Series G rounds, buyers and investors made for a busy news cycle. Most interesting startup stories from the week Image Credits:Paco Freire/SOPA Images/LightRocket via Getty Images This week must have seemed like the perfect time for companies to announce their latest startup acquisitions. Unlocked: Israeli phone unlocking firm Cellebrite acquired mobile testing startup Corellium for $170 million in cash,…