Author: TheNewsIntel

Cryptocurrency Investment Firm Founder Sentenced to Five Years in Prison for Defrauding Investors in $9.4M Ponzi Scheme | Office of Public Affairs

TheNewsIntelLeave a Comment on Cryptocurrency Investment Firm Founder Sentenced to Five Years in Prison for Defrauding Investors in $9.4M Ponzi Scheme | Office of Public Affairs

An Oklahoma man was sentenced yesterday to 60 months in prison and ordered to pay over $1 million in forfeiture and over $170,000 in restitution for his leading role in a cryptocurrency investment fraud conspiracy. According to court documents and admissions, Travis Ford, 36, of Glenpool, Oklahoma, was the CEO, co-founder, and head trader of […]

Continue Reading

Cursor Secures $2.3 Billion Funding, Valued at $29.3 Billion

TheNewsIntelLeave a Comment on Cursor Secures $2.3 Billion Funding, Valued at $29.3 Billion

Summary: AI coding platform Cursor has closed a $2.3 billion funding round, achieving a $29.3 billion post-money valuation. The company has surpassed $1 billion in annualized revenue and grown to more than 300 employees since its 2023 launch, underscoring the lucrative potential of AI-powered developer tools. Cursor, developed by startup Anysphere, has emerged as one […]

Continue Reading

Thinking Machines Lab in Talks for $50 Billion Valuation Funding Round

TheNewsIntelLeave a Comment on Thinking Machines Lab in Talks for $50 Billion Valuation Funding Round

Summary: AI startup Thinking Machines Lab is in early discussions to raise new financing at a valuation of around $50 billion, a figure that would more than quadruple its worth since July. The deal, still under negotiation, underscores the company’s rapid ascent in the artificial intelligence sector and its ambition to reshape human-AI collaboration across […]

Continue Reading

TB cases fall for first time since pandemic

TheNewsIntelLeave a Comment on TB cases fall for first time since pandemic

Cases are on a downward trajectory for the first time since the COVID-19 pandemic of 2020. But a new report reveals while progress has been made in the global fight against the disease, funding gaps endanger hard-won gains. Funding gap threatens progress  “Declines in the global burden of TB, and progress in testing, treatment, social […]

Continue Reading

China’s Economic Slowdown Deepens in October Amid Property Slump and Weak Demand

TheNewsIntelLeave a Comment on China’s Economic Slowdown Deepens in October Amid Property Slump and Weak Demand

Summary: China’s economy showed renewed signs of weakness in October 2025, as soft consumer demand, a worsening property downturn, and reduced factory activity during the long holiday period weighed on growth. Official data revealed sharper declines in investment and real estate, underscoring mounting challenges for Beijing’s efforts to stabilize the economy. China’s economic slowdown intensified […]

Continue Reading

Boeing Defense Workers End Three-Month Strike With New Contract

TheNewsIntelLeave a Comment on Boeing Defense Workers End Three-Month Strike With New Contract

Summary: Boeing defense workers in the Midwest have voted to approve a new five-year contract, ending a three-month strike that disrupted production of fighter jets and weapons systems. The deal includes a 24% wage increase and a $6,000 signing bonus, marking a significant victory for union members. After more than three months on the picket […]

Continue Reading

Sustainable Investments Surge 49% in Two Years, ESG Gains Global Momentum

TheNewsIntelLeave a Comment on Sustainable Investments Surge 49% in Two Years, ESG Gains Global Momentum

Summary: Sustainable investments have grown by 49% over the past two years, reaching US$16.7 trillion globally, according to the Global Sustainable Investment Alliance (GSIA). The sharp rise reflects a fundamental shift in investor priorities, with environmental, social, and governance (ESG) factors moving from niche practice to mainstream strategy azzet.com GSIA. Sustainable investing is experiencing unprecedented […]

Continue Reading

Ireland Unveils Climate-Resilience Plan for Communications Networks

TheNewsIntelLeave a Comment on Ireland Unveils Climate-Resilience Plan for Communications Networks

Summary: The Irish government has unveiled a new Sectoral Adaptation Plan (SAP) for communications networks, designed to safeguard essential services against extreme weather. The plan, published on November 14, 2025, outlines measures to strengthen resilience in the face of climate change, following recent storms that exposed vulnerabilities in national infrastructure. The Department of Culture, Communications […]

Continue Reading

SNAP Benefits to Be Fully Restored Next Week, Agriculture Secretary Confirms

TheNewsIntelLeave a Comment on SNAP Benefits to Be Fully Restored Next Week, Agriculture Secretary Confirms

Summary: US Agriculture Secretary Brooke Rollins announced that Supplemental Nutrition Assistance Program (SNAP) benefits will be fully restored by next week, following the end of the record-breaking 43-day government shutdown. The move promises relief for millions of Americans who rely on food assistance, though officials caution that distribution may vary across states. Agriculture Secretary Brooke […]

Continue Reading

US Federal Judge Orders Release of Hundreds From ICE Detention

TheNewsIntelLeave a Comment on US Federal Judge Orders Release of Hundreds From ICE Detention

Summary: A federal judge in Chicago has ordered the release of hundreds of immigrants held in ICE detention, ruling that their arrests likely violated a longstanding consent decree. The decision delivers a major setback to the Trump administration’s immigration crackdown and raises questions about the legality of recent enforcement operations. A US District Court in […]

Continue Reading