Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company " it was valued at about $21 million at Tuesday's close " by 582%. The shares, which were under $3 a day ago, jumped to about $17. The company announced that it's pivoting its business to AI compute infrastructure in a release posted to its investor relations page. The company, which according to the release will be called NewBird AI, announced a deal to raise up to $50 million in funding, expected to close in the second quarter of 2026.
President Donald Trump on Monday accused Democrats of trying to weaken America's hand in talks with Iran, calling them "traitors" who are undermining military gains and pushing for a quick deal. Read more
We and others have talked a lot about a potential blue wave, where the Democrats win dozens of House seats. Currently, the House is 214D, 218R, and three vacancies (LaMalfa, Swalwell, and Gonzales). But remember, there is no giant House election, like Hungary had last week. There are 435 separate House elections. To pull off a blue wave, Democrats have to flip a substantial number of Republican-held districts, nearly all of them with a PVI of R+x.
President Donald Trump's often conflicting or inconsistent statements regarding the U.S. war in Iran have not only left American critics confused, but foreign officials as well, including those of a key U.S. ally, who behind the scenes have been left baffled by the president's remarks. "A senior Israeli official admitted that it is impossible to gain a full read on Trump's intentions, saying, If we put Trump's statements into ChatGPT, it will implode,'" a report from The Times of Israel published Monday reads, citing an unnamed senior Israeli official.
The Trump administration on Monday launched a new system to begin refunding $166 billion in tariffs to U.S. importers after the Supreme Court ruled the levies unlawful earlier this year. The system, known as CAPE, will allow U.S. Customs and Border Protection to issue consolidated electronic payments to importers, streamlining what would otherwise be a complex, entry-by-entry refund process. "It's essentially a fast track for processing refunds," said Reed Smith partner Michael Lowell, adding that importers will need to file claims, but the process should be straightforward. "Customs is estimating that refunds will be processed within 60 to 90 days after submission," he added. "If importers file as soon as the system opens, refunds could begin flowing by mid-June to mid-July." The rollout marks the first phase of the refund effort, meaning not all importers or tariff categories will be eligible right away.
President Donald Trump is said to be desperate for Joe Rogan not to give up on their faltering bromance after the right-wing podcaster turned on him over Iran. The president's aides are "working aggressively behind the scenes" to repair Trump's relationship with Rogan, who propelled the president back into office but has increasingly emerged as a staunch critic of the second MAGA administration, Axios reports. Those overtures appear to be gaining some traction after the UFC commentator put in an appearance at the Oval Office Saturday, when Trump signed an executive order accelerating a Food and Drug Administration review on the use of psychedelic drugs as treatment for mental illness.
Patel in the 19-page suit also says the Atlantic Monthly Group LLC and Fitzpatrick are "of course free to criticize the leadership of the FBI, but they crossed the legal line by publishing an article replete with false and obviously fabricated allegations designed to destroy" his reputation and drive him from office. He seeks $250 million in damages The suit also states Fitzpatrick "could not get a single person to go on the record in defense of these outrageous allegations, instead relying entirely on anonymous sources she knew to be both highly partisan with an ax to grind and also not in a position to know the facts."
"Israel never talked me into the war with Iran, the results of Oct. 7th, added to my lifelong opinion that IRAN CAN NEVER HAVE A NUCLEAR WEAPON, did. I watch and read the FAKE NEWS Pundits and Polls in total disbelief. 90% of what they say are lies and made up stories, and the polls are rigged, much as the 2020 Presidential Election was rigged. Just like the results in Venezuela, which the media doesn't like talking about, the results in Iran will be amazing " And if Iran's new leaders (Regime Change!) are smart, Iran can have a great and prosperous future!"
Israeli PM Benjamin Netanyahu and bloodthirsty AIPAC warmonger US Senator Lindsey Graham (R-SC) played Dummkopf Trumpf like a fiddle
Gov. Greg Abbott (R) has threatened to cut state funding to three of Texas' largest cities if they fail to change policies that the governor says limit police cooperation with ICE. Around $200 million in public safety funding is at risk for Houston, Dallas, and Austin, with Houston facing the biggest potential loss of state funding.
The Lone Star State
Mark Carney says that after decades of partnership with the United States, close economic ties between the two countries have become a "weakness" that must be corrected. Read more
Spanish Prime Minister Pedro Snchez on Sunday urged the EU to end its association agreement with Israel. In an escalation of his criticism against Israel, he said during a rally in Andalusia that "a government that violates international law or the principles of the EU cannot be its partner." Spain will formally propose the termination of the agreement at a meeting of EU foreign ministers on Tuesday in Luxembourg.
The United States has proposed plans to rebuild Rafah, a city in southern Gaza that was flattened by two years of Israeli bombardment. It has been touted as the centrepiece of a US-Israeli vision for a post-war Gaza, but satellite images suggest the project has stalled before even breaking ground. An Al Jazeera Digital Investigations Unit examination of Planet Labs and Sentinel Hub satellite imagery revealed that Israeli military fortifications are expanding at a relentless pace across Gaza, particularly in Rafah. Read more
Hundreds of thousands are weighing whether to return to homes in southern Lebanon that may no longer exist, even as Israeli forces remain and the risk of renewed violence lingers.
For years, the Democratic establishment appeared to have known enough about Eric Swalwell to worry, whisper and warn. But not enough, apparently, to do anything. As people recount it now, allegations about his behavior toward women have long circulated among Hill staff, California Democrats, Alameda County political figures, and reporters " some dating back to 2013, when he was first elected to Congress " yet none of this ever materialized into actual consequences for the now-disgraced former lawmaker
Rep. Lauren Boebert (R-Colo.) slammed comedian Dave Chapelle for saying she "weaponized" his jokes about transgender people. "I felt like they were doing a weaponized version of what I was doing. That's not what I was doing," Chappelle told NPR.
Ruling in the case of a Black pastor who was arrested while watering his neighbor's flowers, the Alabama Supreme Court said police can demand to see identification during a stop if they are dissatisfied with a person's verbal answers.
