Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced yesterday, quadrupling its valuation to $4 billion from its last round. Investor Elad Gil led the round, with General Catalyst joining existing investors Andreessen Horowitz, 8VC, and Caffeinated Capital, among others. That should
Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial far-right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertook an analysis of social media content displayed to new users via algorithmically
Key Takeaways Palantir shares plunged from their all-time highs Wednesday following a report the Trump administration has directed the Pentagon to make sizable cuts to the U.S. defense budget. The Washington Post reported Wednesday that Defense Secretary Pete Hegseth ordered Pentagon officials to cut the U.S. defense budget by 8% annually for the next five
Key Takeaways Mountain America Credit Union unveiled a sweetheart of a CD offer on Valentine’s Day last week, lifting the top nationwide CD rate to 5.00%. Anyone nationwide can join Mountain America, and its new certificate guarantees the 5% rate for a generous 18 months. Whether the Fed will cut interest rates this year is
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Bodies of Bibas family, symbol of hostage horrors, to be returned, Hamas says The Washington Post Israeli hostage families forum receives ‘heart-shattering’ news of Bibas deaths CNN Hamas’s youngest Israeli hostage Kfir Bibas, brother and mother confirmed dead The Independent Two red-headed babies are symbols in Oct. 7 attacks. Hamas says their bodies coming home. USA TODAY Israelis Gird
The Pope’s health has shown a “slight improvement” on his sixth day in hospital, the Vatican has said. Pope Francis, aged 88, was admitted to Rome’s Gemelli hospital last week with a respiratory infection. He has been diagnosed with pneumonia in both lungs. On Wednesday, he was visited by Italy’s Prime Minister Georgia Meloni, who
Egyptologists have discovered the first tomb of a pharaoh since Tutankhamun’s was uncovered over a century ago. King Thutmose II’s tomb was the last undiscovered royal tomb of the 18th Egyptian dynasty. A British-Egyptian team has located it in the Western Valleys of the Theban Necropolis near the city of Luxor. Researchers had thought the
News Defense Forget about NATO and the EU. Western leaders are building a new diplomatic framework to deal with the White House’s alignment with Moscow. As host of Wednesday’s talks, Macron pushed back against Trump and insisted that Russia started the war, rather than Zelenskyy, as Trump claimed. | Amaury Cornu/Hans Lucas/AFP via Getty Images
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