Author: Harper Lane
David Sacks, the White House crypto czar and a close associate of Elon Musk, recently shared insights on the All-In podcast regarding Musk’s management style. He noted that Musk’s reduced involvement at the White House DOGE office reflects his typical approach across his businesses. In the latest episode, Sacks recalled his experience during Musk’s acquisition of Twitter, highlighting that Musk initially immersed himself in the company, spending significant time learning its ins and outs. “For the first three months, he was basically full-time at Twitter HQ, learning the business down to the database level,” Sacks explained. Once Musk felt confident…
President Donald Trump stated that if the U.S. maintains high tariffs on foreign imports a year from now, he would view it as a “total victory.” This comment came during a recent interview with Time magazine, which focused on the first 100 days of his presidency, set to arrive on April 30. The interview took place at the White House. When asked if he would consider it a win if tariffs remained high—whether at 20%, 30%, or even 50%—Trump replied, “Total victory,” adding that the country would be “making a fortune.” He emphasized that while eliminating tariffs entirely would be…
Melinda French Gates has expressed that the negative comments from tech industry critics regarding her philanthropic endeavors don’t affect her. During an interview with Scott Galloway on his podcast, she was asked about the backlash faced by billionaires like herself and MacKenzie Scott for their charitable efforts. “I’m not bothered by it,” French Gates stated. “I understand who I am and what my purpose is, along with my values and the reasons I choose to give back.” She emphasized her active involvement in her philanthropic work, saying, “It’s easy for some to stand on the sidelines and criticize, but I’m…
President Donald Trump is employing a forceful approach in the early months of his second term, communicating to longstanding allies that they “don’t have the cards.” This declaration has ignited passionate discussions in capitals across Europe and beyond, focusing on the strategies they might adopt in response. Proposals on the table range from relatively minor adjustments to drastic measures that could jeopardize nearly a century of defense and economic alliances. Potential actions include sourcing military equipment from alternative suppliers, implementing heightened counter-tariffs, reducing intellectual property protections for U.S. firms, and diminishing reliance on American tech giants, according to insights from…
Tesla fell short of Wall Street’s expectations in its first-quarter earnings report released on Tuesday, highlighting the challenges facing the electric vehicle (EV) market amid dwindling sales and sector uncertainty. During the earnings call, the company aimed to address investor concerns stemming from what has proven to be a weak quarter. CEO Elon Musk announced plans to reduce his involvement with the White House’s DOGE office, noting, “Starting next month, I will be allocating far more of my time to Tesla,” as he feels the essential work of establishing the Department of Government Efficiency is mostly complete. He mentioned he…
Harvard University has initiated legal action against the Trump administration, recruiting a group of law firms and lawyers associated with the former president’s allies. The lawsuit, filed in federal court in Massachusetts, targets numerous executive agency officials and Trump appointees, including Health and Human Services Secretary Robert F. Kennedy Jr., Attorney General Pam Bondi, and Secretary of Defense Pete Hegseth. At the heart of the lawsuit is the assertion that the freeze on federal grants and contracts threatens critical research aimed at developing novel treatments for diseases like Parkinson’s and Alzheimer’s, creating protective nanofibers for first responders, supporting astronauts, and…
Warning: Major spoilers ahead for “The Last of Us” season two. In a shocking turn of events, “The Last of Us” season two just killed off a pivotal character in a heartbreaking manner, and it was precisely what the show required. When the second season was announced, fans of the game expressed concerns about how the HBO series would handle one of the franchise’s most controversial moments. Fortunately, the show addresses this moment faithfully in the second episode. For those who have avoided spoilers from the five-year-old game, Abby, played by Kaitlyn Dever, tortures and kills Joel Miller, portrayed by…
Canadian retailers are taking a firmer stance on US imports, moving beyond merely labeling goods as “made in Canada.” They’ve begun marking American-made products with a warning label “T” for “tariffs.” On March 10, Loblaw Companies Ltd., which operates approximately 2,400 stores across Canada, announced plans to implement the ‘T’ label on US-imported items that may have recently experienced price increases due to tariffs. Shoppers have noticed these labels, impacting their purchasing decisions. A recent poll by Leger, conducted on April 17, revealed that 76% of Canadians are increasingly buying locally made and sourced goods—marking the highest interest in Canadian…
The Internal Revenue Service (IRS) experienced another leadership change on Friday, marking the third turnover since the start of tax season and the fifth since Donald Trump took office in January. Treasury Secretary Scott Bessent announced the appointment of Michael Faulkender as acting commissioner of the IRS. Faulkender succeeds Gary Shapley, who held the position for only a few days after Melanie Krause’s departure earlier in the week. In his statement, Bessent emphasized the need to restore trust in the IRS and expressed confidence in Faulkender’s ability to lead. He praised Shapley’s dedication and insights for pursuing lasting reforms at…
President Donald Trump announced on Thursday that he anticipates a trade agreement with China “in the next three to four weeks” that could resolve the ongoing trade war. Speaking during an executive order signing in the Oval Office with Secretary of Commerce Howard Lutnick, Trump expressed confidence, stating, “I believe we’re going to have a deal with China. I think we have plenty of time.” However, there has been no immediate response from Beijing regarding the likelihood of a deal, and Trump refrained from addressing whether Chinese President Xi Jinping had initiated efforts to resolve the tariff conflict. This development…