GoKawiil
Tech News
Startup Modal Motors, founded by Michael Van Steenburg, is developing electric motors that avoid rare-earth magnets altogether, aiming to manufacture in the U.S. rather than rely on Chinese supply chains. The company is preparing two products—a small drone motor and a flat 'Hybrid Enigma Drive' motor—ahead of its appearance in Startup Battlefield 200 at TechCrunch Disrupt next month.
President Trump begins two days of meetings with Chinese President Xi Jinping this week, even as years of tariffs, tech restrictions and pressure on allies have failed to isolate Beijing. China's global trade surplus is on track to hit a record $1.2 trillion in 2025, and it has expanded trade ties and rare-earth leverage worldwide while exports to the U.S. fell. Meanwhile, Trump's disputes with traditional U.S. allies over tariffs and defense spending have left some countries more hesitant to align firmly with Washington against China.
China dominates global processing of rare earth elements, materials essential to consumer electronics and US military hardware including F-35 jets and Virginia-class submarines. In 2025 China issued export controls on these materials, then agreed to suspend enforcement until at least November 10, 2026, according to the report.
Ahead of a Washington summit between Trump and Xi, analysts say the trade truce reached in May is being fulfilled unevenly across its three main commitments: China's soybean purchases, its pledge to buy 200 Boeing jets, and the resumption of rare earth magnet exports after a 12-month suspension of export controls. Delivery on some commitments remains difficult to verify, according to analysts tracking the deal.
Microsoft has restructured its Xbox game studios, placing Halo Studios (formerly 343 Industries), Rare and Age of Empires developer World's Edge under Activision's control. The move accompanies 268 additional layoffs, with the remaining Halo team reduced to a small community-support unit while Activision assembles a new team to lead the franchise's future.
Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in New York to discuss economic and trade issues, including AI, tariffs and rare earths, ahead of a planned summit between President Trump and Chinese President Xi Jinping in Washington. U.S. Trade Representative Jamieson Greer also joined the discussions, which Bessent described as laying the groundwork for the leaders' meeting.
Rare Beauty, the cosmetics brand founded by Selena Gomez in 2020, directs 1% of its sales revenue to the Rare Impact Fund. The fund is pursuing a goal of raising $100 million to broaden access to mental health resources for young people.
Investors are reportedly re-entering rare-disease drug stocks after the departure of stricter FDA regulators under the Trump administration. The shift in agency leadership has reduced concerns about tougher approval hurdles that had previously discouraged investment in this biotech segment.
Google DeepMind released AlphaGenome Atlas, a genome-wide dataset predicting the functional consequences of nearly every possible single-letter DNA change. Academic partners, including researchers from the Broad Institute working with the GREGoR Consortium, used the tool's AVI scoring system to identify a previously overlooked variant in the DNM1 gene linked to epileptic encephalopathy, showing it creates a faulty splice site that abnormally extends the resulting protein. The prediction was later confirmed through lab experiments.