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Tech News
The $6.2 billion Revolution Wind offshore project is now fully operational, generating enough electricity to power over 350,000 homes, according to Canary Media. The milestone comes despite attempts by the Trump administration to halt its development.
President Trump announced on Truth Social that Stephen Miller, previously deputy chief of staff for policy and homeland security adviser, will become his new White House chief of staff starting Monday. The move follows Susie Wiles' resignation on Thursday, after Republicans suffered sweeping midterm losses in the House and Senate. Sources say Trump had privately blamed Wiles for the election results and had also considered Steve Witkoff and Jay Clayton for the role.
New federal borrowing limits took effect this fall under Trump's spending law, capping how much graduate students and parents can borrow for education and leaving some programs' professional status uncertain until shortly before classes began. Students like Chloe Frabotta have had to supplement smaller federal loans with private loans, often requiring a cosigner. Private lenders SoFi and Sallie Mae reported sharp increases in student loan originations this quarter, with SoFi's volume nearly doubling and Sallie Mae's graduate loans up 119% year-over-year.
U.S. District Judge Tanya Chutkan issued a temporary restraining order blocking construction of Trump's planned memorial arch in Washington, D.C., just hours after the National Capital Planning Commission approved the project 8-4. The order came in response to a lawsuit from Virginia and D.C., which argued the arch would disrupt traffic patterns and emergency response coordination. Chutkan has ordered the administration to submit a compliance status report by Monday.
A White House directive has told federal agencies to replace the term 'artificial intelligence' with 'Super Intelligence' or 'SI' in official communications and procurement documents, arguing AI systems now amplify rather than imitate human ingenuity. Government websites, including the NIH's, have begun swapping in the new terminology, with some adding banners noting the transition, while other agencies like the Pentagon have slipped and used the old term.
Democrats on the Senate Foreign Relations Committee released a report finding that women hold fewer top national security positions under the Trump administration, noting only four women currently serve in Cabinet roles. The report compiles data on senior appointments across national security agencies to highlight the gender makeup of the administration.
Intel stock suffered its worst one-day drop since 1974 on Friday, falling nearly 30 percent after the company's fourth-quarter revenue outlook missed Wall Street expectations despite beating Q3 earnings estimates. The slide shrank the value of the US government's 9.9 percent equity stake, acquired in August for $8.9 billion as part of a $100 billion semiconductor initiative, from almost $40 billion to under $30 billion.
US Coast Guard-contracted Saildrone autonomous vessels, equipped with 360-degree cameras, have begun patrolling the Great Lakes border between the US and Canada since May, funded by $15.5 million from Trump's 'One Big, Beautiful Bill Act.' Sarnia Mayor Mike Bradley says he spotted one on the St Clair River and was never notified by US authorities, and is unsure whether Canada's federal government was informed or consented.
Intel stock fell about 28% on Friday after the company projected fourth-quarter revenue of $15-16 billion, below analyst expectations of roughly $17 billion, and warned gross margins would drop to 37% from 43% with no positive cash flow expected. The decline cut roughly $12 billion from the value of the US government's 10% stake in Intel, acquired over a year ago, and also dented Nvidia's shares along with the wider chip sector.
Crypto exchange Binance and prediction market Polymarket both suspended trading after suffering hacks, according to a Wall Street Journal risk report roundup. The same report notes the Trump administration offered tariff relief during talks to secure a U.S. Audi factory, and that Cleveland-Cliffs will retain Stelco amid a jobs dispute with Canada's government.
The New York Times reports that Alice Huang, who presents herself as CEO of chip buyer Megaspeed and was briefly listed as its managing director before being removed from that role, is suspected by US officials of acting as a Chinese government intelligence asset. She was photographed sitting close to NVIDIA CEO Jensen Huang in 2024 around the time Megaspeed began making large chip purchases, and the Times says she remains under surveillance. According to the report, Jensen Huang was never given a standard 'defensive briefing' warning him he may have been targeted.
Voters go to the polls on 3 November in elections that could flip Republican control of the House and possibly the Senate. The outcome follows Trump-administration moves that cut thousands of research grants, reduced the federal science workforce, and sought greater political oversight of agencies like the NIH and NSF, while Congress has so far resisted proposed budget cuts exceeding 50% for the NSF.