London Daily
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Tuesday, Jul 01, 2025
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Elon Musk Critiques Senate Budget Proposal Over Job Losses and Strategic Risks
Musk expresses concerns about the potential impacts on employment and innovation in response to the latest Senate draft bill.
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Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
The Chinese tech giant Xiaomi sees unprecedented demand for its new SUV, the YU7, as it enters the competitive automotive sector.
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Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Company aims to raise $4.3 billion in equity and $5 billion in debt
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Elon Musk’s xAI Burning Through $1 Billion Monthly as It Seeks Funding
AI startup pushing $9.3 billion raise amid high cash burn
UK Launches National Inquiry into Grooming Gangs
Prime Minister Keir Starmer orders statutory investigation following audit findings and public pressure
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Year these companies were founded:
Time is flying
Scientist Returns Royal Society Prize in Protest Over Elon Musk's Fellowship
Andrea Sella criticizes academy's refusal to address concerns about Musk
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Musk’s xAI Pursues $113 Billion Valuation in New Share Sale
AI startup seeks $300 million in fresh funding
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Trump Cancels NASA Nominee Over Democratic Donations
President Donald Trump has withdrawn his nomination of billionaire Jared Isaacman to head NASA after learning Isaacman previously donated to Democratic politicians and the party. The private astronaut and founder of Shift4 Payments had b...
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Major Global Events: Ukraine-Russia Prisoner Exchange, Nuclear Talks, and Other Developments
Significant incidents from Ukraine, Iran, France, Germany, Lebanon, the UK, and South Africa.
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BYD Surpasses Tesla in European Electric Vehicle Sales
Chinese car group achieves milestone with higher registrations of fully electric cars in Europe compared to Tesla
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US Billionaires' Wealth Surges by $365 Billion Amid Tax Cut Debate
The richest 10 Americans have seen their wealth increase by $365 billion over the past year, with Elon Musk accounting for over half of the gains, as lawmakers debate a tax bill that could further widen the wealth gap
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President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
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Elon Musk Joins Trump Meeting in Saudi Arabia
High-profile meeting brings together business leaders and politicians to discuss global economic initiatives
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OpenAI's Flip-Flop: No Longer Going Commercial, Back to Nonprofit, After Musk Lawsuit and Backlash
After a storm of internal chaos, legal threats, and public criticism, OpenAI—the company behind ChatGPT—has announced it is abandoning its plan to become a fully commercial company. Instead, it will remain under the control of the nonpro...
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DOGE: Reimagining Government Operations with AI
The U.S. government's Department of Government Efficiency (DOGE), spearheaded by Elon Musk, is embarking on an ambitious initiative to modernize federal operations through the deployment of AI agents. This strategy aims to enhance servic...
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Amazon Launches Satellite Internet Service Amidst Competition with SpaceX
The first 27 satellites for Amazon's Project Kuiper have been launched, marking a significant step in the global race for satellite internet access.
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Elites vs. America: How Democrats Lost the Plot and the People
As voters reject radical agendas, Democrats double down on cultural wars, open borders, and elite arrogance — while Trump’s connection with voters grows stronger.
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Peter Navarro: The Man Behind Trump’s Tariff Madness
How one man’s dogmatic trade war turned a roaring economic comeback into strategic drift, undermined Trump's Second-Term Momentum: He sat in prison for Trump, fabricated investigators in books he published, and is considered the presiden...
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Canadian Federal Election: Candidates' Positions on US-Canada Relations and Donald Trump
Leading contenders for prime minister articulate distinct stances on Trump's policies and rhetoric ahead of the April 28, 2025, federal election
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Elon Musk Reports $150 Billion in Projected Government Savings Amid Fraud Investigations
Department of Government Efficiency identifies fraudulent unemployment claims; Musk announces anticipated fiscal savings
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Global Financial Markets Show Signs of Recovery Following Stock Market Turmoil
Stocks rebound after significant losses attributed to escalating trade tensions initiated by the U.S. administration.
China's Strategic Trade Realignment Amid U.S. Tariffs
In response to significant tariff hikes from the United States, China is forging new trade partnerships while facing economic pressures.
Trump Declares TikTok Sale Near as Deadline Approaches
President Trump announces potential buyers for TikTok amid looming ban deadline
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Robots Compete in Football Tournament in China Amid Injuries
Trump Administration Considers Withdrawal of Funding for Hospitals Providing Gender Treatment to Minors
Texas Enacts Law Allowing Gold and Silver Transactions
China Unveils Miniature Insect-Like Surveillance Drone
OpenAI Secures Multimillion-Dollar AI Contracts with Pentagon, India, and Grab
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Elon Musk Critiques Senate Budget Proposal Over Job Losses and Strategic Risks
Los Angeles Riots ended with Federal Investigations into Funding
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
Jeff Bezos and Lauren Sanchez's Lavish Wedding in Venice
Russia Launches Largest Air Assault on Ukraine Since Invasion
Education Secretary Announces Overhaul of Complaints System Amid Rising Parental Grievances
Massive Anti-Government Protests Erupt in Belgrade
Trump Ends Trade Talks with Canada Over Digital Services Tax
UK Government Softens Welfare Reform Plans Amid Labour Party Rebellion
Labour Faces Rebellion Over Disability Benefit Reforms Ahead of Key Vote
Jeff Bezos and Lauren Sánchez Host Lavish Wedding in Venice Amid Protests
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
North Korea to Open New Beach Resort to Boost Tourism Economy
UK Labour Party Faces Internal Tensions Over Welfare Reforms
Andrew Cuomo Hints at Potential November Comeback Amid Democratic Primary Results
Curtis Sliwa Champions His Vision for New York City Amid Rising Crime Concerns
Federal Reserve Proposes Changes to Capital Rule Affecting Major Banks
EU TO HUNGARY: LET THEM PRIDE OR PREP FOR SHADE. ORBÁN TO EU: STAY IN YOUR LANE AND FIX YOUR OWN MESS.
Trump Escalates Criticism of Media Over Iran Strike Coverage
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
Big Four Accounting Firms Fined in Exam Cheating Scandal
NATO Members Agree to 5% Defense Spending Target by 2035
Australia's Star Casino Secures $195 Million Rescue Package Amid Challenges
UK to Enhance Nuclear Capabilities with Acquisition of F-35A Fighter Jets
Russian Shadow Payments via Cryptocurrency Reach $9 Billion
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
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