Djelics | E+ | Getty Images If you’ve inherited an individual retirement account, you may have big plans for the balance — but costly mistakes can quickly shrink the windfall, experts say. Many investors roll pre-tax 401(k) plans into traditional IRAs, which trigger regular income taxes on future withdrawals. The tax rules are complicated for […]
Elon Musk says xAI has acquired X, in deal valuing X at $33 billion
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion. “xAI and X’s futures are intertwined,” Musk, the world’s richest person, wrote in a post on X. “Today, […]
Patrick Schwarzenegger, ‘White Lotus’ cast lead tributes for Thailand earthquake
In the wake of a devastating earthquake that struck Thailand and Myanmar (Burma), “The White Lotus” cast, including Patrick Schwarzenegger, are coming together to pray for the victims impacted by the disaster. The deadly 7.7-magnitude earthquake has rocked Southeast Asia and officials announced that the death toll exceeded 1,000 as search and rescue operations continue. […]
Elon Musk’s xAI Acquires X, Because of Course
Elon Musk’s artificial intelligence firm xAI has acquired his social media platform X in an all-stock transaction that values the company at $33 billion, including $12 billion worth of debt, the centibillionaire announced Friday. The sale comes just weeks after Musk reportedly raised an additional roughly $1 billion in debt financing for X that valued […]
Potential Bitcoin price fall to $65K ‘irrelevant’ since central bank liquidity is coming — Analyst
Bitcoin’s (BTC) 7% decline saw the price drop from $88,060 on March 26 to $82,036 on March 29 and led to $158 million in long liquidations. This drop was particularly concerning for bulls, as gold surged to a record high at the same time, undermining Bitcoin’s “digital gold” narrative. However, many experts argue that a […]
Late student loan bills can drop credit scores by 171 points, Fed reports
A student works in the library on the campus of American University in Washington, D.C., U.S., March 20, 2025. Nathan Howard | Reuters The more than 9 million student loan borrowers who are estimated to be late on their payments could experience “significant drops” in their credit scores during the first half of 2025, the […]
Intel announces three board members will retire following CEO shake-up
A sign is posted in front of Intel headquarters in Santa Clara, California, on Aug. 1, 2024. Justin Sullivan | Getty Images News | Getty Images Three members of Intel’s board of directors will not stand for reelection in May, the company said in a filing on Thursday. Omar Ishrak, former CEO of Medtronic; Risa Lavizzo-Mourey, […]
Pat Sajak set to return to ‘Celebrity Wheel of Fortune’ next month
After decades behind the iconic wheel, followed by his 2024 retirement, Pat Sajak is preparing for his “Final Spin” on “Celebrity Wheel of Fortune.” Sajak, who stepped down from his hosting duties in June 2024, will make one last appearance on the beloved spinoff series beginning on April 30, according to a press release. A […]
Anthropic’s Claude Is Good at Poetry—and Bullshitting
The researchers of Anthropic’s interpretability group know that Claude, the company’s large language model, is not a human being, or even a conscious piece of software. Still, it’s very hard for them to talk about Claude, and advanced LLMs in general, without tumbling down an anthropomorphic sinkhole. Between cautions that a set of digital operations […]
Terraform Labs to open loss claims portal on March 31
Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022. The move follows a Delaware court’s approval for Terraform […]