$1B Funding Set for AI Tools for Frontline Workers

A coalition of funders, including the Gates Foundation and Ballmer Group, is committing $1 billion over 15 years to develop artificial intelligence tools for frontline workers such as public defenders, parole officers, social workers, and others who help Americans in precarious situations. The fund, called NextLadder Ventures, will offer grants and investments to nonprofits and … Read more

Lilo & Stitch Becomes First $1 Billion Hit of 2025

Disney’s live-action remake of “Lilo & Stitch” has become the first Hollywood film to gross over $1 billion at the worldwide box office, marking a successful theatrical debut for the family comedy. After eight weekends in theaters, the movie has earned $416.1 million in North America and $584.8 million internationally, for a global total of … Read more

Santa Monica’s Revitalized Bagel Deli & Bakery

After a quiet transformation, NY Bagel & Deli on Wilshire Boulevard has emerged as New York Bagel Deli & Bakery. The husband-and-wife team, Lenny Rosenberg and Adaeze Nwanonyiri, have revamped the space with redesigned booths, warm lighting, and a vibrant bakery case showcasing rainbow cookies and chocolate rugelach. The couple, who purchased the deli in … Read more

Tariffs May Not Be As Effective as Expected, Experts Say

US President Donald Trump’s tariffs may not be having the desired effect on the economy. The US producer price index (PPI) remained flat in June, suggesting that wholesale prices remain stagnant. However, this might be misleading. The PPI measures prices at the level of manufacturers in the US, excluding imports. On the other hand, the … Read more

Wall Street Hits Records Amid Tech and Soda Stocks Rally

Wall Street has reached new records as the S&P 500 index climbed 0.5% to its all-time high, while the Dow Jones Industrial Average rose 229 points and the Nasdaq composite added 0.7%. The boost was driven by strong profit reports from companies like PepsiCo and Taiwan Semiconductor Manufacturing Co., which saw a surge in demand … Read more

Apple Unveils Multilingual Foundation Language Models

Apple has introduced two new multilingual foundation language models that power its Intelligence features across various devices and services. The models are designed to optimize performance on Apple silicon and the Private Cloud Compute platform. The first model, built for on-device use, is approximately 3 billion parameters and utilizes novel architectural innovations such as KV-cache … Read more

Google Announces Pixel 10 and Watch 4 Launch on August 20

Google has confirmed its upcoming launch event, scheduled for August 20 in New York City, where it will unveil the Pixel 10 and Pixel Watch 4. The event, which is taking place just a month before Apple’s expected iPhone 17 release date, marks Google’s shift away from October’s flagship device launches. The Pixel 10 series … Read more

EU Proposes $2.3-Triillion Budget, Faces Resistance from Germany and Farmers

The European Union executive has proposed a two-trillion-euro long-term budget focused on tackling overseas competition and Russian aggression. However, Germany, the bloc’s largest member, has swiftly rejected the plan, calling it “unable to accept” due to concerns over national budgets. Farmers unions have also expressed opposition to proposed reforms to agriculture subsidies. The EU plans … Read more