Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

DOGE cuts billions as federal spending overhaul continues

Published

on

Musk-Led Department slashes DEI grants while Transportation Secretary seeks tech innovation.

The Department of Government Efficiency (DOGE), spearheaded by Elon Musk, has eliminated over $370 million in diversity, equity, and inclusion (DEI) grants at the Department of Education within just 48 hours.

In a post on X, DOGE revealed that 70 DEI training grants were terminated, marking the latest move in its effort to cut federal spending.

This follows another major budget reduction last week when DOGE slashed $881 million in Department of Energy contracts, including more than $100 million allocated to DEI programs.

The sweeping cuts signal a broader initiative under the Trump administration to curb what it considers excessive government spending.

Meanwhile, Transportation Secretary Sean Duffy has announced that SpaceX workers will visit the Air Traffic Control System Command Center on Monday as part of an effort to modernize U.S. air travel.

Duffy, who has been vocal about the need for infrastructure reform, stated that President Trump has tasked him with developing a world-class air traffic control system.

He has also called on American tech developers and businesses to contribute their expertise to the initiative.

With DOGE rapidly restructuring federal expenditures and the administration emphasizing private-sector partnerships in public services, the coming months could see further policy shifts.

Critics argue that these moves may reduce funding for key programs, while supporters praise them as necessary steps toward fiscal responsibility.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

News

Russia bans WhatsApp and promotes state-backed messaging app

Kremlin blocks WhatsApp, urging citizens to use state-backed MAX; critics warn of surveillance, prompting protests in Moscow.

Published

on

Kremlin blocks WhatsApp, urging citizens to use state-backed MAX; critics warn of surveillance, prompting protests in Moscow.

The Kremlin has officially blocked WhatsApp, urging Russians to switch to MAX, a state-backed messaging app. This move comes after Meta refused to comply with local regulations, sparking debates over digital freedom in the country.

Critics warn that MAX could be used for government surveillance, though authorities deny these claims. The ban highlights Russia’s growing control over foreign tech platforms and its push for locally regulated alternatives.

Activists in Moscow have staged protests calling for an open and unregulated internet, while the public reacts with a mix of concern and resignation.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

News

U.S. secretly sent 6,000 Starlink terminals to Iran after protests

US covertly sent 6,000 Starlink terminals to Iran amid protests, aiding internet access despite government shutdowns and crackdown violence.

Published

on

US covertly sent 6,000 Starlink terminals to Iran amid protests, aiding internet access despite government shutdowns and crackdown violence.

U.S. officials report that the Trump administration covertly sent around 6,000 Starlink satellite internet terminals into Iran following widespread protests. The move was designed to bypass strict internet blackouts imposed by authorities in Tehran.

The terminals reportedly enabled activists and dissidents to reconnect with the outside world during periods of severe digital restriction, raising fresh questions about foreign involvement and cyber strategy.

As geopolitical tensions simmer, the revelation underscores how connectivity has become a powerful tool in modern conflict.

#Iran #Starlink #DonaldTrump #MiddleEast #GlobalPolitics #TechNews #InternetFreedom #BreakingNews


Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Download the Ticker app

Continue Reading

News

Anthropic secures 30 billion in fresh funding as valuation surges

Anthropic raises $30B, doubling valuation to $380B, boosting global AI race with support from GIC, Coatue, Microsoft, and Nvidia.

Published

on

Anthropic raises $30B, doubling valuation to $380B, boosting global AI race with support from GIC, Coatue, Microsoft, and Nvidia.

Anthropic has secured a staggering $30 billion in fresh funding, catapulting its valuation to $380 billion and cementing its place among the most valuable AI companies in the world. The raise marks the second-largest private technology funding round ever, trailing only OpenAI’s $40 billion deal.

Major backers in this latest round include Singapore’s GIC and Coatue Management, alongside existing heavyweight partners Microsoft and Nvidia. The scale of the investment underscores intensifying global competition in artificial intelligence as capital continues to flood into the sector.

Anthropic’s valuation has more than doubled in just five months, fuelled by rapid enterprise growth. The company now works with eight of the Fortune 10 and boasts more than 500 customers spending over $1 million annually, highlighting surging demand for advanced AI tools across corporate America.

#ArtificialIntelligence #AI #Anthropic #TechNews #VentureCapital #BigTech #Innovation #Startups

Download the Ticker app

Continue Reading

Trending Now