U.S. Customs and Border Protection is on track to process around $85 billion in potential and certified refunds for invalidated tariffs through the agency’s dedicated portal, the CBP said in a court filing on Tuesday.
As of May 22, about $20.6 billion in certified refunds with interest have been completed through Consolidated Administration and Processing of Entries, or CAPE, which launched on April 20. The refunds have been transmitted to the Treasury Department for disbursement.
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The Trump administration is removing some tariffs on imports from Taiwan to implement parts of a previously agreed trade deal with the US. The US will remove derivative aluminum, steel and copper duties from aircraft components imported from Taiwan, according to a notice posted in the Federal Register.
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Canadian Prime Minister Mark Carney will make an early visit to Paris ahead of the Group of Seven leaders summit next month to meet with French President Emmanuel Macron.
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"But we will like to have them join Abraham records it will be historic if they do it. They owe that to us. That really would be a tremendous sign," — Trump said.
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CrowdStrike, working with Google and Shadowserver, a nonprofit organization that scans and monitors the internet for cyberattacks, took down a botnet that cybercriminals used to push malware and steal passwords from open-source software developers.
In the end, the hackers were able to poison — as CrowdStrike put it — more than 300 GitHub code repositories.
The command-and-control servers relied on the Solana blockchain, the BitTorrent peer-to-peer network, Google Calendar, and virtual private servers, according to CrowdStrike.
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The Atacama desert in northern Chile is emerging as a magnet for investment in energy storage that allows vast solar plants to extend supply after sundown.
The latest project comes from KKR-backed ContourGlobal, an independent power producer that on Wednesday inaugurated a nearly $500 million solar-and-storage facility designed to store daytime solar energy and supply electricity at night. The company bills the project as Latin America’s longest-duration utility-scale battery system.
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An app allowing parents to manage Trump Accounts for their children will be available Thursday, ahead of the program’s July 4 launch, Treasury Secretary Scott Bessent said Wednesday at the White House.
“It will place the American dreams into the palms of the hands of parents and children,” — Bessent said during a cabinet meeting.
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Starcloud has ordered optical terminals from SpaceX to use Starlink as a global data-relay network for its future orbital data centers, deepening ties with the company it is counting on to launch full-size spacecraft.
The Redmond, Washington-based startup announced a contract for more than 50 Starlink Mini Lasers, enough to equip at least 25 satellites with two terminals each as part of a constellation that ultimately envisions 88,000 orbital data centers.
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China's official technology security bodies certified nine domestically designed AI processors for state procurement, creating a brand-new "AI training and inference chips" category under the country's Anke security certification framework.
Their approvals function as a de facto procurement catalog for government agencies, central state-owned enterprises, and other entities covered by Beijing's Xinchuang initiative, the long-running campaign to replace Western hardware and software across sensitive Chinese IT systems.
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"America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong. Under my Leadership, we will codify a FUTURE-PROOF Digital Asset Market Structure that cannot be undone by the Crypto Haters. The new Frontier of Finance is being Built in America, and “TRUMP” will NEVER let Crypto down!" — Trump wrote on Truth Social.
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"The near impossible is becoming possible. The Golden Age of lunar exploration has begun," — Isaacman wrote.
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Researchers at the University of Rochester have developed a new solar-thermal desalination process that converts ocean water into fresh water using only sunlight. Even better, it solves the environmental crisis plaguing existing water plants: toxic waste.
This novel method eliminates the need for chemical pre-treatments and completely avoids the creation of toxic liquid brine. The system was tested on actual water samples from the Pacific, Atlantic, and Indian Oceans. It successfully extracted fresh water while continuously shifting the remaining salts into a passive zone for later collection, maintaining peak panel efficiency throughout.
Using water samples from the Great Salt Lake, the team successfully extracted about 50% of the available lithium from the post-desalination residues.
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After a heart attack or other cardiovascular insult, hearts can’t regenerate weakened muscles, leaving them less able to pump blood throughout the body. While medications to manage symptoms of heart failure — including newer obesity drugs — have been improving outcomes, many people ultimately face only two solutions: a heart transplant or heart device implant.
Now a small new study reports progress with a novel method. After people received patches of heart muscle engineered from induced pluripotent stem cells, their re-muscularized heart walls thickened, revving up pumping ability and modestly improving quality of life.
The biological ventricular assist tissue in a patch, called BioVAT for short, was conceived as a bridge to either transplant, where wait times are long, or to implantation of a left ventricular assist device, or LVAD, in end-stage heart failure. A larger trial will help determine who might be the best candidate for this approach and how durable it might be.
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Cloud data storage giant Snowflake has signed a new $6 billion five-year agreement with Amazon Web Services. Snowflake has been offering its AI building tool, Cortex AI, for a couple of years now. It’s a tool that makes sense: Snowflake is where much of an enterprise’s data lives.
Of particular note is that Snowflake is signing this contract for more access to AWS’s home-grown ARM-based CPU chip, Graviton. As AI moves from training to daily usage to automation via agents, CPU usage skyrockets. While GPUs handle training and reasoning, CPUs handle most of the rest of the tasks associated with AI, particularly agents.
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