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30.05.2025 22:55
Builder.ai Faked Business With Indian Firm VerSe to Inflate Sales, Sources Say Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy, faked business with the Indian social-media startup VerSe Innovation for years to falsely inflate its sales, according to documents reviewed by Bloomberg and people with direct knowledge of the practice.The two companies routinely billed one another for roughly the same amountsbetween 2021 and 2024, documents reviewed by Bloomberg show, as part of an alleged practice known as "round-tripping" th

30.05.2025 23:06
Jamie Dimon Warns Crack in Bond Market Is Going to Happen JPMorgan CEO Jamie Dimon expects that a crack in the bond market is going to happen after the US government and Federal Reserve massively overdid spending and quantitative easing. Dimon also said, yeah, when asked if bond vigilantes are back during comments Friday at the Reagan National Economic Forum. (Source: Bloomberg)

30.05.2025 23:17
30.05.2025 23:24
Democrats Slam Hegseths Plan to Cut Weapons-Testing Office The top Democrat on the Senate Armed Services Committee slammed Pentagon plans to slash staffing at the office that oversees tests of major weapons systems, after Defense Secretary Pete Hegseth claimed the cuts would save the government $300 million.