GREY Journal Daily News Podcast

A high school student developed an AI app, Cal AI, which generated thirty million dollars in its first year. Zach Yadegari, the eighteen-year-old creator, received rejections from fifteen of the eighteen colleges he applied to, including Harvard and Princeton, despite having a 4.0 GPA and a 34 ACT score. The app allows users to photograph meals to track calories and macronutrients, achieving over...

Texas startups attract increased funding in 2025, largely driven by interest in cybersecurity, defense technology, robotics, and de-extincting species. Venture investors contribute nearly $2.9 billion in the first quarter, marking the largest quarterly total in over two years. Two-thirds of this investment targets five companies. Saronic, an autonomous vessel developer, secures $600 million, while...

President Trump reaffirmed his commitment to tariffs on imports unless other countries improve trade practices with the United States. He does not intend to withdraw tariffs despite market fluctuations and considers them necessary to address trade imbalances. Increased tariffs are scheduled to take effect Wednesday, raising uncertainty in the global economy. Treasury Secretary Scott Bessent indica...

Venture funding for crypto and blockchain startups reached $3.8 billion in the first quarter of 2025, an increase of 138% from the previous quarter, which saw $1.6 billion raised. This funding occurred across 220 deals, boosted by easing regulations and increased market interest. A major contributor to this funding surge was a $2 billion investment in Binance, the largest investment in a crypto co...

President Trump reported a positive outlook following a significant drop in the stock market, where the Dow Jones Industrial Average fell over 1,600 points due to his tariff announcement. He set a minimum tariff of 10% on numerous imports, including higher rates on specific goods from China and the European Union. Despite the market's negative reaction, Trump indicated this response was anticipate...

Private startup valuations face adjustments as market trends change due to recent tariff decisions. On April 3, 2025, the Nasdaq Composite Index dropped 4.8% following new tariffs on imports, which could increase consumer prices and reduce demand. Major companies such as Amazon, Apple, Nike, and Wayfair experienced declines of up to 25%. Valuations for private startups typically adjust during fund...

President Trump implemented a 10% baseline tax on imports from all countries, with higher rates for nations running trade surpluses with the U.S. This action seeks to reduce the trade gap caused by tariffs on U.S. goods by other nations. Economists warn these tariffs may lead to increased costs for consumers. Tariffs generate around $80 billion in revenue annually, which Congress allocates for gov...

The rise of artificial intelligence raises questions regarding creative ownership and intellectual property rights. Recent events surrounding Studio Ghibli highlight concerns over how AI can replicate and distribute a creator's unique style without permission. Copyright law is designed to protect original works from unauthorized reproduction, yet rapid technological advancements challenge this fra...

Barbara Corcoran provides strategies for negotiating salary increases. Individuals should prepare by listing expected responsibilities and actual contributions to highlight their value. She advises requesting a specific percentage or monetary figure for the raise, such as “I want a 10% raise,” to strengthen the negotiation position. The 2025 Compensation Best Practices Report shows that engineerin...

The future of libraries and museums faces challenges under the current administration. Funding cuts impact their operations and programming. Many institutions explore new revenue streams and partnerships to sustain services. Digital technology adoption increases, allowing for greater access to resources. The role of libraries and museums evolves as they pivot to community engagement and educationa...

The FDA removed its chief tobacco regulator, Brian King, amid significant cuts across the agency. King, disappointed by his placement on administrative leave, saw multiple employees in the FDA’s tobacco center also receive termination notices. His tenure included actions against flavored e-cigarettes, contributing to a decline in teen vaping rates. This leadership change follows the ousting of vac...

Amazon reinstitutes metal detector screenings for warehouse employees in the U.S., affecting over 750,000 workers. Employees must register their phones with security teams and provide the last six digits of their phone's serial number to receive an identifier sticker. Metal detectors will screen employees exiting warehouses to prevent theft. This policy is being implemented gradually, starting wit...

A survey conducted by Tubi and The Harris Poll indicates that 84% of employed Gen Z workers stream content during work hours. Of the 2,502 U.S. adults surveyed, 48% admit to misleading colleagues about their streaming activities. This behavior affects productivity, as 53% of Gen Z respondents have prioritized binge-watching over work tasks. More than half, 52%, of Gen Z prefers remote work to cont...

Isomorphic Labs raised $600 million in its initial external funding round to enhance artificial intelligence applications in drug development. Thrive Capital led this round, supported by Google Ventures and existing investor Alphabet. Isomorphic Labs, formed from Google DeepMind in 2021, aims to advance its AI drug design engine and clinical programs. This funding follows significant raises in the...

The French Competition Authority fined Apple 150 million euros (about 162 million dollars) due to the implementation of its App Tracking Transparency feature. This feature, launched in April 2021, requires apps to obtain user consent before collecting data for personalized advertising. The authority found the rollout overly complex, overwhelming users with numerous consent requests and adversely a...

Seven startups raised over $100 million in funding during the week of March 28, 2025. Fleetio, a fleet management software provider, secured $450 million, valuing it at over $1.5 billion. Mercury, a fintech company, raised $300 million, increasing its valuation to $3.5 billion. Island raised $250 million for its enterprise browser, reaching a valuation of $4.8 billion. Aura, focused on consumer cy...

President Trump announced new tariffs on auto imports, aiming to reshape labor politics and influence voter loyalty ahead of future elections. The proposed 25% tariffs on imported vehicles and additional tariffs on products from Canada, Mexico, and China have received mixed reactions. A prominent auto worker union leader, previously critical of Trump, shifted support based on these tariffs, while...

President Trump proposed tariff reductions on Chinese goods in exchange for cooperation on a deal regarding TikTok, as the April deadline approaches. He suggested that the current 20% tariff could lower if it aids in resolving the TikTok sale. TikTok must find a new owner or face a potential ban; the deadline was initially set for January but extended to April 5. Various parties, including Kevin O...

The U.S. economy showed a growth rate of 2.4% in the fourth quarter of 2024, driven by increased consumer spending. The Commerce Department revised its previous growth estimate for this quarter. For context, the economy grew at 3.1% in the third quarter of 2024. The overall growth for the entire year of 2024 reached 2.8%, reaffirming the U.S. as the largest economy globally. Learn more on this new...

The U.S. Education Department reopened applications for income-driven repayment plans for student loan borrowers after a court ruling previously halted them. The ruling blocked the Biden administration’s Savings on a Valuable Education Plan, complicating renewals for borrowers. The American Federation of Teachers filed a lawsuit to expedite processing. These delays impacted the relief available to...

Warren Buffett's Berkshire Hathaway announced the winner of their March Madness bracket contest after over a decade. This individual predicted the outcomes of all 63 NCAA tournament games, a first in the contest's history. The contest highlights the blend of sports and financial incentives, attracting numerous participants each year. The $1 million prize generates excitement for basketball fans an...

Dollar Tree sold its Family Dollar chain to Brigade Capital Management and Macellum Capital Management for over $1 billion, marking a shift to private ownership. The sale is set to close in the upcoming quarter, separating Family Dollar from the public Dollar Tree company. Dollar Tree acquired Family Dollar for $8.81 billion a decade ago but encountered challenges in integrating the two businesses...

The U.S. has added over 50 Chinese companies to its export control list due to military concerns, targeting firms involved in supercomputing, artificial intelligence, and quantum technology. In total, around 80 companies from various countries, including Taiwan, Iran, Pakistan, South Africa, and the UAE, are affected. The Inspur Group and the Beijing Academy of Artificial Intelligence are among th...

Craigslist, known for its influence in online classifieds, celebrates its 30th anniversary. Founder Craig Newmark moved to San Francisco in 1993 and utilized the Internet to connect with the community. In 1995, he began emailing updates about local events to a small group, which grew rapidly by word of mouth. This evolution led to the establishment of Craigslist, which maintains a minimalistic des...

Developing creativity is essential for entrepreneurs in the age of AI. Snap CEO Evan Spiegel highlights creativity as a key trait that distinguishes individuals in a competitive landscape. He encourages entrepreneurs to explore their creative sides, noting that everyone possesses this skill, which can be nurtured despite common hesitations. Spiegel provides an example of his son, Flynn, who engage...