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Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports

Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports June 5 : Morgan Stanley is projecting that SpaceX's revenue could reach $3.4 trillion in 2040, the Wall Street Journal reported on Friday, citing people familiar with the matter. The Wall Street giant is anticipating that revenue from SpaceX's AI business will dramatically grow in the coming years, the report said. Elon Musk's SpaceX began meeting with investors on Thursday in its IPO roadshow.

Channel News Asia 4d ago

Meta repeatedly pushes back new AI model release for developers, WSJ says

Meta repeatedly pushes back new AI model release for developers, WSJ says June 3 : Meta has repeatedly pushed back plans to release its new Muse Spark AI model API to developers, and as of Tuesday, had no scheduled launch date, the Wall Street Journal reported, citing people familiar with the matter. A Meta spokesperson told Reuters on Wednesday that the company is already testing the Application Programming Interface (API) with some early partners and is looking forward to releasing it this...

Channel News Asia 6d ago

Trump refiles $10bn lawsuit against WSJ over report on alleged Epstein ties

Donald Trump's legal team has refiled a lawsuit against the Wall Street Journal concerning a report alleging he sent a "bawdy" letter to Jeffrey Epstein in 2003. The lawsuit claims the newspaper tarnished his reputation by describing a card to Epstein as bearing his signature. This action restarts a high-profile legal dispute between Trump and the media outlet.

The Guardian UK 13d ago

Trump refiles $10bn lawsuit against WSJ over report on alleged Epstein ties

Donald Trump has refiled a defamation lawsuit against the Wall Street Journal, seeking at least $10 billion in damages. The suit claims the newspaper tarnished his reputation by reporting on a card allegedly bearing Jeffrey Epstein's signature. This action follows a previous lawsuit that was dismissed by a judge due to legal deficiencies.

The Guardian World 13d ago

Trump refiles $10bn defamation suit against WSJ over report on Epstein ties – US politics live

Donald Trump has refiled a defamation lawsuit against the Wall Street Journal, seeking at least $10 billion in damages over its reporting concerning his connections to Jeffrey Epstein. Separately, Jill Biden expressed concern over her husband's performance during the 2024 debate against Donald Trump. Additionally, two House Democrats plan to introduce legislation to prohibit the construction of a proposed "triumphal arch" outside Arlington National Cemetery.

The Guardian World 13d ago

Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ

President Donald Trump reportedly said Friday that he wants incoming acting director of national intelligence Bill Pulte to "start the process" of firing large numbers of employees in the DNI's office. The Wall Street Journal reported that Trump, in an interview, said those firings would be part of a shakeup of the U.S. intelligence community. The office of DNI oversees 18 U.S. intelligence agencies, including the CIA and the National Security Agency.

CNBC 4d ago

Trump introduced her to Epstein. Then she dated Bill Gates...

It begins, as so many Jeffrey Epstein stories do, in a room where power recognised power. In this case, the room was reportedly the Plaza Hotel in New York in the early 1990s. A young woman from Texas, Melanie Starnes, later Dr Melanie Walker, has told people that she was introduced there to Epstein by Donald Trump.

Times of India 1d ago

Americans lost nearly $900 million to AI-generated scams last year. It will likely only get worse

Americans lost nearly $900 million to AI-generated scams last year. It will likely only get worse From fake romances with soap opera stars to fictional FBI agents and MAGA influencers, AI has made it easier than ever for scammers to steal Americans’ money - Bookmark Americans lost close to a billion dollars to AI scams in one year - and cybersecurity experts fear this is only the beginning. Nearly $900 million was stolen in scams that incorporated AI in 2025, according to the first report of...

The Independent World 3d ago

Anthropic CEO, who warns of AI-led mass layoffs, calls them a necessity

Anthropic CEO Dario Amodei has spent the better part of 2026 telling anyone with a microphone that AI is about to wipe out half of all entry-level white-collar jobs. Now, at the World Economic Forum in Davos, the man whose company is selling that very AI is no longer just warning about the layoffs. He's calling the policy response to them a necessity that will eventually steamroll partisan politics in the United States.

Times of India 9d ago