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Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter. Nikola filed for Chapter 11 bankruptcy protection in February and has said it hopes to sell […]

At 11 a.m. in California last Thursday, the day after President Donald Trump declared sweeping new tariffs under what he dubbed “Liberation Day,” Ryan Petersen was live on camera, fielding questions from a virtual room packed with more than 2,300 anxious customers. The founder and CEO of Flexport, a now 12-year-old global logistics and customs […]

A Meta exec on Monday denied a rumor that the company trained its new AI models to present well on specific benchmarks while concealing the models’ weaknesses. The executive, Ahmad Al-Dahle, VP of generative AI at Meta, said in a post on X that it’s “simply not true” that Meta trained its Llama 4 Maverick […]

Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses.  “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our […]