Meta Turns Right-Wing By Ending Fact-Checks And DEI Initiatives To Woo Trump
Meta scraps DEI programs and US fact-checking to shift toward conservative priorities as Trump's second term approaches.
US Job Opportunities Remain Strong In Healthcare, Government, But Not In Retail Or Tech
US job growth is expected to slow in December with 160,000 new jobs, only led by the healthcare and government sectors, while unemployment remains steady at 4.2%.
Free Speech Vs. National Security: US Supreme Court To Hear TikTok's Appeal As Looming Ban Nears
The US Supreme Court will hear TikTok's case to block a January 19 law requiring its sale or ban, amid debates over free speech and national security.
UK Debt Pressure Rises As Borrowing Costs Soar To 16-Year Record Levels
Global bond market pressures, including UK bonds and US inflation concerns, cause stock declines and weakened the pound as investors await the US payroll report.
Editor's Pick
Elon Musk Success Story: What He Did During His Teen Years That Made Him A Billionaire
Now known as the world's richest man, the success story of Elon Musk started earlier than most; during his teen years.
Delta, United, Alaska Airlines Rank As North America's Most On-Time Airlines In 2024
Delta Air Lines led North America in punctuality for 2024 with 83.46% on-time arrivals, marking its fourth consecutive year of operational excellence.
Year In Review: The Best Of VCPost 2024
VCPost's 2024 year in review highlights key business and policy stories that shaped global industries, from gas price legislation and corporate strikes to personal business issues.
Investors
Most Read
Regions
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
China has banned Taiwan’s fruit, seafood, and vegetables imports, escalating tensions over trade and military issues.
Meta Bans Russia State Media Amid Growing Concerns Over Propaganda: Here's How Kremlin Responds
Global Stocks Drop as Japan's Nikkei Falls 13% and European Shares Hit Six-Month Lows
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Regulators have approved a £4.3 billion subsea cable project between Scotland and England, designed to enhance renewable energy transfer and boost energy security.
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
Deals
Funding
Godmother of AI' Fe-Fei Li Secures $1B Valuation for New Startup, World Labs
Fei-Fei Li’s AI startup, World Labs, raised $230 million in funding, valuing the company at over $1 billion as it prepares to develop AI models for 3D interaction by 2025.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds in Just 1 Day
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
People
Employee Forced to Eat Fire in 'Team-Building' Stunt by a Chinese Company
A Chinese company in Liaoning forced employees to eat fire during a team-building event, leading to outrage, with one worker considering legal action for the unsafe practice.
Zuckerberg to Reconnect With Trump, Placing UFC President Dana as New Meta Board Member
Meta's new board appointments, including UFC's Dana White, signal efforts to rebuild ties with Trump and strengthen its presence in tech and politics ahead of the upcoming inaugural.
Businessman Faces Charges for Soliciting Investments From Florida Residents to Fund Lavish Lifestyle
Paul Wright faces fraud and perjury allegations in Florida, accused of misusing over $10M in client funds, including private jet rentals and buying a house.
