Author: Kanika Sharma

Trump Appoints Airbnb Co-founder to Lead New National Design Studio US President Donald Trump has appointed Airbnb co-founder Joe Gebbia to lead the newly formed National Design Studio. This new agency aims to make digital services across federal departments more efficient and user-friendly, according to two officials familiar with the decision. The move follows Trump’s signing of an executive order on Thursday that formally creates the National Design Studio. One official described it as a streamlined version of the now-defunct Department of Government Efficiency (DOGE), which was previously led by Elon Musk. Focus on IRS and Retirement Services Gebbia, who…

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India Successfully Tests Agni-5 Ballistic Missile, Strengthening Strategic Deterrence India has conducted a successful test of its nuclear-capable intermediate-range ballistic missile, Agni-5, from the Integrated Test Range in Chandipur, Odisha. The launch took place on 20th August 2025 and was carried out by the Strategic Forces Command. According to the Ministry of Defence, the missile met all operational and technical benchmarks, confirming its combat readiness. Agni-5: A Key Component of India’s Nuclear Arsenal Developed by the Defence Research and Development Organisation (DRDO), Agni-5 is one of India’s most advanced long-range ballistic missiles. With a range of over 5,000 kilometres, it…

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U.S. Court Rules NLRB Structure Likely Unlawful in SpaceX Case A U.S. court has sided with Elon Musk’s SpaceX and two other companies, ruling that the structure of the U.S. National Labor Relations Board (NLRB) is likely unconstitutional. The decision blocks the agency from pursuing cases against them while legal challenges continue. The ruling, delivered by the New Orleans-based 5th U.S. Circuit Court of Appeals, is the first by an appellate court to find that the NLRB’s protections shielding its administrative judges and five board members from being removed at will by the president are likely unlawful. Presidential Power at…

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Claude Opus 4 Can Now End Harmful Conversations Anthropic, the AI company behind the Claude chatbot, has introduced a new feature allowing its model to exit chats that become harmful or distressing. The move is intended to protect the model’s welfare, despite ongoing debate over whether AI systems can possess moral status or consciousness. Claude Opus 4, and its latest version Opus 4.1, are advanced language models capable of understanding and generating human-like responses. During testing, the chatbot consistently rejected requests involving violence, abuse, or other harmful content. As a result, Anthropic decided to give Claude the autonomy to end…

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ESA New Satellite to Boost Forecast Accuracy The European Space Agency (ESA) has successfully launched its next-generation polar-orbiting weather satellite, marking a significant step in enhancing global climate monitoring. The spacecraft, equipped with six advanced instruments, lifted off early Wednesday from the Kourou Space Centre in French Guiana and entered orbit without issue. The new satellite will improve weather forecasting accuracy and strengthen atmospheric monitoring, including the tracking of air quality incidents and volcanic ash spread. ESA officials say the technology will play a crucial role in understanding and addressing the impacts of climate change. Collaboration Key to Understanding Climate…

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Bullish Shares More Than Double on First Trading Day Cryptocurrency exchange operator Bullish saw its market value surge to about $13.16 billion after a strong debut on the New York Stock Exchange (NYSE) on Wednesday, 13 August. Its shares more than doubled in value, highlighting growing investor confidence in the sector and improving prospects for future US listings of other digital asset companies. The parent company of crypto news site CoinDesk raised $1.11 billion in its initial public offering (IPO), which initially valued Bullish at $5.4 billion. This listing is another sign of the growing mainstream adoption of cryptocurrencies, in…

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Golden Dome Missile Defence Plan Unveiled with Four-Layer Shield Across the US The Trump administration’s Golden Dome missile defence project will feature four integrated layers, including one space-based system and three on land. According to a US government presentation first reported by Reuters, the land network will include 11 short-range batteries spread across the continental US, Alaska, and Hawaii. The slides, marked “Go Fast, Think Big!”, were shown last week to 3,000 defence contractors in Huntsville, Alabama. They reveal the project’s unprecedented scale and an ambitious 2028 completion goal set by US President Donald Trump. Cost and Funding Challenges The…

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Elon Musk to Sue Apple Over App Store Antitrust Claims Billionaire Elon Musk has announced that his artificial intelligence startup, xAI, will take legal action against Apple, accusing the tech giant of breaching antitrust rules through its management of App Store rankings. Musk alleged that Apple’s actions make it impossible for any AI company other than OpenAI to reach the top position in the App Store — a move he called an “unequivocal antitrust violation.” He said xAI would “take immediate legal action” in response. Musk Targets Apple Over App Rankings In a post on his social media platform X,…

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Trump-Backed World Liberty Financial Targets $1.5 Billion Fundraising World Liberty Financial, a cryptocurrency venture backed by US President Donald Trump’s family, is in talks with potential investors to raise $1.5 billion, Bloomberg News reported on Friday. The fundraising would establish a public company to hold the platform’s WLFI tokens. Fundraising Plans Still Taking Shape According to the report, the structure of the deal has not yet been finalised. Sources familiar with the matter said major investors from the crypto and technology sectors had been approached. Reuters was unable to independently verify the Bloomberg report. World Liberty Financial declined to comment…

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Authorities Urge Stablecoin Brokers and Think Tanks to Halt Endorsements Chinese regulators have reportedly instructed local brokerages and research institutions to stop publishing studies and hosting events that promote stablecoins. According to Bloomberg News, the move is part of a broader effort to contain risks linked to the asset class and prevent potential financial instability. The guidance, issued in late July and early August, urged firms to cancel planned seminars and stop distributing research materials on stablecoin. Sources familiar with the matter told Bloomberg that the aim is to curb the rising influence of these digital assets. Concerns Over Fraud…

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