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President Donald Trump issues executive order for college sports

President Donald Trump officially issued his expected college sports executive order on Thursday. According to the White House, the executive order “prohibits third-party, pay-for-play payments to collegiate athletes.” However the order “does not apply to legitimate, fair-market-value compensation that a third party provides to an athlete, such as for a brand endorsement.” Advertisement Additionally, the…

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Tesla stock dips as second-quarter earnings reduce investor confidence

Tesla stock dips as second-quarter earnings reduce investor confidence

Tesla shares tumbled Thursday after its latest earning results knocked the wind out of investors’ confidence in Elon Musk’s electric vehicle maker. The company has been facing intense competition, cooling consumer interest and a reduction of the government incentives that made buying EVs more affordable. Musk, the chief executive, broadcast that the tough times could…

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Opinion | Where US jealously guards tech, China offers a collaborative ecosystem

Opinion | Where US jealously guards tech, China offers a collaborative ecosystem

Windsurf was a rising artificial intelligence (AI) start-up – until it wasn’t. Days after OpenAI’s US$3 billion acquisition deal collapsed, Windsurf’s founders and top researchers joined Google DeepMind under a non-exclusive licensing agreement. What remained was sold to another company. Windsurf, as an independent innovator, ceased to exist. This is how many AI start-ups today…

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