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[ad_1] CNN  —  Will Elon Musk finally make good on six years of robotaxi promises? Musk said in a social media post this week that Tesla’s long-awaited robotaxi service will roll onto the streets of Austin, Texas on June 22. The Tesla CEO is betting the company’s future on autonomous vehicles (AV) and a robotaxi service – which will hopefully inject much-needed cash just as the company’s sales and profits are slumping. While Musk is championing the promise of robotaxis – self-driving cars without a driver than can ferry around paying passengers – there are concerns about both safety and their viability as…

[ad_1] Howard Schultz, the former chair and CEO of Starbucks, enthusiastically lauded Brian Niccol’s turnaround plan for the coffee chain at a company event on Wednesday.Schultz was speaking at “Starbucks Leadership Experience 2025,” an event which saw over 14,000 North American store managers gather in Las Vegas, when he praised Niccol’s work. The former and current CEOs of Starbucks discussed the company’s future during a fireside chat on Wednesday.”I want to say, when I heard you speak for the first time about ‘Back to Starbucks,’ I did a cartwheel in my living room,” Schultz told Niccol.”First of all, it was…

[ad_1] To get hired at Cursor, an AI coding assistant built by Anysphere, you can’t use AI in your interview.”We actually still interview people without allowing them to use AI, other than autocomplete, for first technical screens,” said Michael Truell, the cofounder and CEO of Anysphere, on an episode of Y Combinator’s podcast published Wednesday.”Programming without AI is still a really great time-boxed test for skill and intelligence,” Truell said, adding that those are core qualities he looks for in a teammate.There’s another reason behind the rule: fairness.”We’ve hired lots of people who are fantastic programmers who actually have no…

[ad_1] Defense tech company Voyager Technologies closed its first day of trading 82% higher than its initial public offering price.Voyager, which provides software for space and defense tech companies, priced its New York Stock Exchange debut at $31 per share on Tuesday. It offered 12.4 million shares and closed at $56.48 per share on Wednesday. Shares continued climbing after hours.Voyager plans to use the cash injection from the offering to fund investment in research and development programs and buy assets needed for growth, the company said in a statement on Tuesday. A portion of the proceeds may also be used…

[ad_1] A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York CNN  —  Welcome back (if you ever left) to the President Trump Show. This week, America’s reality-TV-star-in-chief nursed a messy public feud with the world’s richest man, deployed hundreds of Marines and the National Guard to downtown LA, touted a trade “deal” with China, and threatened “heavy force” against anyone who dares to pooh-pooh his birthday parade. (Eat your heart out, “Real Housewives” producers.) The Trump Show, like all manufactured drama, is formulaic and at…

[ad_1] Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe Trump administration has authorised dependants of American military personnel to leave the Middle East amid rising tensions between the US, Israel and Iran over the Islamic republic’s expanding nuclear programme. After the Pentagon announced the decision on Wednesday, US President Donald Trump said they were “being moved out because it could be a dangerous place”.“We’ll see what happens,” Trump told reporters. “They [Iran] can’t have a nuclear weapon, very simple.”The US has held several rounds of talks with…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Investors are pouring into silver and platinum as they seek “gold alternatives” and hedges against the US dollar, sending prices for both metals soaring.With the US dollar’s status as a safe haven for global capital under threat, gold has enjoyed a historic rally, surging 25 per cent since the beginning of the year as investors use it as a hedge against uncertainty.However, amid concerns that gold may now be overvalued, other precious metals such as silver and platinum are starting to…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Western companies say China is demanding sensitive business information to secure rare earths and magnets, raising concerns about potential misuse of data and exposure of trade secrets.Beijing’s commerce ministry is asking for production details and confidential lists of customers as part of its export approval process for critical minerals and magnets, according to multiple companies and official guidelines.China dominates the processing of rare earths and manufacturing of the magnets in which they are used.These magnets are widely used in electronics, electric…

[ad_1] President Donald Trump said he would send letters to trading partners in about two weeks, informing them that the US was imposing unilateral tariffs on them.Speaking to reporters at the Kennedy Center in Washington, D.C., on Wednesday, the president said he did not think extending the deadline for trade talks with countries was necessary, as he had already made a “great deal with China,” and one with the UK.”Now, at a certain point, we’re just going to send letters out, and I think you understand that, saying this is the deal. You can take it, or you can leave…

[ad_1] In late 2021, Bree and Wes Moss started mapping out a year of travel with their 8-year-old daughter, Sailor.Times hadn’t been easy for the family. Wes’ father had died suddenly, and as they tried to process their grief, they were ready to take a break from their hometown of Punta Gorda, Florida.They spent a few months traveling around Thailand, visiting places like Phuket, Chiang Mai, and Bangkok. But eventually, they began looking for somewhere they could stay longer.”I’d read something about Koh Samui being like a little Hawaii, and I thought we should go and try it,” Wes, 44,…