Author: IQ TIMES MEDIA
Want a discount on electric vehicles? Better act fast.Drivers in the US have until September 30 to qualify for federal EV tax credits, which President Donald Trump axed as part of his “Big Beautiful Bill.” The tax and spending bill, passed by Congress in July, eliminated a $7,500 tax credit for new EVs and a $4,000 tax credit for used EVs.The decision is a blow to American EV manufacturers like Tesla, which could see a drop in sales as drivers reconsider the higher cost. However, some automakers say they expect a temporary boost in EV sales as people race to…
NEW YORK (AP) — Tennis great Björn Borg reveals in the last chapter of his upcoming memoir, “Heartbeats,” that he was diagnosed with an “extremely aggressive” prostate cancer, and he told The Associated Press that it is in remission after an operation in 2024.“I have nothing right now. But every six months I have to go and check myself. The whole process, it’s not a fun thing,” Borg, 69, said in a recent video interview with the AP from his home in Stockholm. “But I’m OK. I’m fine. And I’m feeling very good.”Borg won 11 Grand Slam singles titles —…
Joe Lonsdale, the cofounder of Palantir and founding partner of Austin-based venture capital firm 8VC, said Thursday he was “uncomfortable” with the government’s $8.9 billion investment in Intel.”It’s very weird, of course, for the government to be taking a stake in something,” Lonsdale said on CNBC’s Squawk Box. “It’s also a little bit weird for the government to be giving $9 billion to a company, too.””It’s cronyism in some form,” he added. Cronyism, the milder cousin of nepotism, is the practice of giving jobs and benefits to friends.The funds are coming in part from the US CHIPS and Science Act,…
HENDERSON, Nev. (AP) — Five-time Pro Bowl wide receiver Amari Cooper retired Thursday, a little more than a week after signing a one-year contract to return to the Las Vegas Raiders.Raiders offensive coordinator Chip Kelly said Cooper called coach Pete Carroll on Thursday morning and gave him the news.“It’s unfortunate because I think the world of him,” Kelly said. “I think he’s a heck of a football player. He’s had a heck of an NFL career, but he knows in his heart what he wants to do, so I wish him the best. I’ve always been a big fan of…
Google’s latest video-generation model, Veo 3, is coming to Google Photos. The new model, available on the mobile app’s Create tab, will allow users in the U.S. to turn their still images into video clips. Google Photos already offers video generation through its recently added “Photo to video” feature, but the company says the addition of Veo 3 enhances that functionality with higher-quality video. The launch also represents how the company is working to bring its latest AI tech to consumers through its products — Google Photos, for instance, had over 1.5 billion monthly active users as of May 2025.…
On Thursday evening, President Donald Trump will dine with some of the most powerful business leaders in the newly renovated Rose Garden.Elon Musk, who didn’t score an invite, will be eating elsewhere.The dinner is Trump’s first official event in the garden since its much-publicized renovation, and it’s expected to feature a who’s who of CEOs and tech founders. The invite list boasts two dozen business leaders, including Apple CEO Tim Cook, Meta CEO Mark Zuckerberg, and OpenAI CEO Sam Altman.A White House spokesperson confirmed the invitees for the Rose Garden dinner to Business Insider, which was first reported by The…
Captions, an AI-powered video creation and editing app for content creators that has secured over $100 million in venture capital to date at a valuation of $500 million, is rebranding to Mirage, the company announced on Thursday. The new name reflects the company’s broader ambitions to become an AI research lab focused on multimodal foundational models specifically designed for short-form video content for platforms like TikTok, Reels, and Shorts. The company believes this approach will distinguish it from traditional AI models and competitors such as D-ID, Synthesia, and Hour One. The rebranding will also unify the company’s offerings under one…
CHARLOTTE, N.C. (AP) — Chip Ganassi has only one business — he’s not a car dealer, he’s not backed by private equity money — the Pittsburgh native focuses only on racing.And in 35 years, he’s proved to be good at his chosen profession.Alex Palou closed the IndyCar season with his fourth championship — the first driver since Dario Franchitti to win three in a row, he actually won four titles in five seasons — to give Chip Ganassi Racing its 17th championship.The 17 titles tie Ganassi with Team Penske for the series record. But for statistical purposes, Ganassi did it…
DAKAR, Senegal (AP) — Congo’s health ministry on Thursday announced a new Ebola outbreak, the 16th in the central African country, after a case was confirmed in the southern Kasai province.“To date, the provisional report shows 28 suspected cases and 15 deaths, including 14 in Boulapé and 1 in Mweka, as well as four healthcare workers,” said Samuel-Roger Kamba, Congo’s health minister.He added that the case fatality rate, estimated at 53.6%, showed the gravity of the situation.He said that the figures were provisional and research was ongoing. The suspected cases and deaths presented symptoms such fever, vomiting, diarrhoea and haemorrhage.The…
WASHINGTON (AP) — LSD reduced symptoms of anxiety in a midstage study published Thursday, paving the way for additional testing and possible medical approval of a psychedelic drug that has been banned in the U.S. for more than a half century.The results from drugmaker Mindmed tested several doses of LSD in patients with moderate-to-severe generalized anxiety disorder, with the benefits lasting as long as three months. The company plans to conduct follow-up studies to confirm the results and then apply for Food and Drug Administration approval.Beginning in the 1950s, researchers published a flurry of papers exploring LSD’s therapeutic uses, though…