Unidentified Aerial Phenomena (UAP) whistleblower and former Air Force intelligence officer David Grosch accused intelligence agencies on Tuesday of hiding billions of dollars in secret government spending from Congress, as lawmakers renewed demands for records they say federal officials continue to withhold. His investigation uncovered what he described as “illicit funds” — pools of money … Read more
Gwen Shotwell, SpaceX’s No. 11 employee, could see her stake worth about $3 billion if the company’s value reaches $2 trillion. Joe Raedle/Getty Images SpaceX has finally opened the books. In its long-awaited IPO filing released on Wednesday (May 20), Elon Musk’s rocket and satellite company revealed new details about its finances, spending and insiders … Read more
Andrew Feldman co-founded Cerebras in 2016 with four former colleagues from SeaMicro, a server company he founded and sold to AMD. Getty Images for Village Glo Cerebras Systems didn’t just go public this week; It has successfully minted billionaires and made one of the largest venture payouts in years. The artificial intelligence chip startup priced … Read more
California pays billions annually through a little-known state employee compensation program for conditions including impotence, allergies and other chronic diseases, leaving Gov. Gavin Newsom and state lawmakers scrambling to revamp the troubled program. The program, called the Subsequent Injury Benefits Trust Fund, provides additional benefits to employees covered by State Employees’ Compensation who are injured … Read more
AUSTIN (Nexstar) – Gov. Greg Abbott signed a school funding package into law that he believes will put Texas on the path of being ranked number one in the country for education. “Texas is number one in so many categories. Texas should be number one in educating our children,” Abbott said before signing the bill. … Read more
NexStar – legislation to support water supply in our state is directed to the office of the governor of Greg Abbott. But the final decision regarding the bill of dollars is in the hands of Texas. Friday night, the Senate in Texas, the House of Representatives amendments Senate Bill 7. The bill will devote a … Read more