President Donald Trump reported more than $1 billion in cryptocurrency-related income in a 927-page financial disclosure for 2025. The filing lists major income from the $TRUMP meme coin and World Liberty Financial, while the White House denies conflict-of-interest allegations.
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The Supreme Court ruled 6-3 that geofence warrants seeking cellphone location data can violate Fourth Amendment privacy protections. The case arose from a Virginia bank robbery investigation that used Google location records to identify Okello Chatrie.
South Korea plans more than $1 trillion in investments to expand chipmaking, AI data centres and robotics infrastructure. President Lee Jae Myung says the effort is aimed at securing AI leadership and reviving regions beyond Seoul.
Two powerful earthquakes struck Venezuela within seconds, flattening buildings, cutting communications and forcing residents to sleep in streets and squares. More than 160 deaths have been reported by the BBC, while officials warned the toll could rise sharply as rescuers reach hard-hit areas.
Technology shares fell sharply worldwide as investors questioned whether massive AI spending can support lofty valuations. Chipmakers, Alphabet and newly public SpaceX were among the names hit as the sell-off spread to Asian markets.
California’s proposed billionaire wealth tax has qualified for the November ballot after supporters submitted enough signatures. Backers still have until June 25 to decide whether to proceed as opponents, including Gov. Gavin Newsom and major tech figures, mobilize against it.
SpaceX has agreed to buy Anysphere, the maker of AI coding assistant Cursor, for $60 billion in stock after its major Nasdaq debut. The deal expands Elon Musk’s company further into AI as it seeks to strengthen xAI and Grok against rivals including OpenAI and Anthropic.