Los Angeles County's proposed budget for next year is about $1.4 billion smaller than the previous year's but adds more mental health workers and increases funding to address homelessness. County Chief Executive Fesia Davenport said at Tuesday's Board of Supervisors meeting that her budget of $45.4 billion ensures that the county can provide crucial safety net services while remaining financially solvent. The budget recommends spending $728.2 million in Measure H funding to hire more homeless...
The goal of Telegram, which has now 900 million active users, is to remain a 'neutral platform' and not a 'player in geopolitics,' founder Pavel Durov says
In a rare interview, Pavel Durov told U.S. journalist Tucker Carlson that the Dubai-based free cloud-based app that allows users to send and receive messages, calls and other files, is spreading like a "forest fire". "We'll probably cross 1 billion monthly active users within a year now," Durov, who fully owns Telegram, told Tucker, according to the video interview posted on Tucker's account on the X social media platform.
Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides After suffering a historic collapse at the end of 2021, when in the span of five months Netflix lost 75% of its value, and when Ackman first bought then immediately dump the stock just around the generational bottom, the company has enjoyed a stellar recovery over the past two year when it rose by nearly 300%, from a low of $166 to a recent high of price of...
Biden's New Student Debt Relief Will Add Up To $750 Billion To The Budget Deficit By The Committee for A Responsible Federal Budget The Biden Administration recently announced a new plan to cancel student debt for up to 30 million borrowers and released a preliminary rule this morning detailing parts of this plan. The proposal, which is being introduced through the rule making process, would replace the Administration’s initial proposal to cancel between $10,000 and $20,000 per...
SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.
The new approach proposes a financing structure change to use city-issued revenue bonds to pay for its new stadium instead of creating a community development authority that would issue revenue bonds to finance it.
The Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday. In a rare interview, Pavel Durov told U.S. journalist Tucker Carlson that the Dubai-based free cloud-based app that allows users to send and receive messages, calls and other files, is spreading like a "forest fire". "We'll probably cross 1 billion monthly active users within a year...
WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Join our WhatsApp group Subscribe to our Daily Roundup Email Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately
The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho.
Schumer says US will provide $6.1 billion to Micron Technology for chip plants in NY, Idaho
WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately be a set of four chip factories near Syracuse in […]