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WASHINGTON, DC — US President Donald Trump says building formal relationships between Saudi Arabia and Israel will be a “dream,” but he wants the kingdom to do it “on his own time.” On Tuesday, the White House released a fuss about its economic and defense agreements with Saudi Arabia, including hundreds of millions of dollars, but Israel’s mentions were not notable from the announcement. The so-called “normalization” drive between Saudi Arabia and Israel dominated his predecessor, Joe Biden’s approach to the region, but the current US president has shifted his focus elsewhere, analysts say. “The Trump administration has made it…

It was May 13, 2025 and we are back to a daily snapshot of the biggest fundraising moves shaping the global startup scene. From next-generation solid rocket motors to AI finance copilot and EV battery intelligence, today’s funding slate shows the range of innovation investors are betting on. The chart’s topping is X-Bow Systems, which secures a $105 million Series B backed by aerospace heavyweights such as Lockheed Martin and Boeing, expanding rocket motor production. Meanwhile, Breathe Battery Technologies has landed $21 million to push the boundaries of optimizing battery performance since electric vehicles. But it wasn’t all defence and…

Finally, Digital Consumer Bank Chime moved forward with the IPO by submitting S-1 documents on Tuesday. Chime reportedly submitted paperwork for the Confidential S-1 in December. S-1 filings usually reveal all types of information covering financial, legal, and other risk factors. However, there are still many blank spaces in Chime’s S-1 documentation. I don’t know how many shares I want to sell, or what price I have. Chime may be aiming to raise $1 billion, IPO expert Renaissance Capital believes. We also don’t know how many shares the Insider will sell as part of the IPO. These include billionaire Yuri…

Western Port, Maryland (AP) — Floods in rural western Maryland forced primary school evacuation Tuesday afternoon as water began violating the second floor, local officials said. Downtown homes and businesses also flooded with floods following hours of heavy rain.Authorities have reassured the public that students and staff are safe, as concern parents and other community members posted on social media, wondering how long the emergency will last at Westernport Elementary School.Alleghany County spokesman Katy Kenney said responders will use rescuers to safely evacuate the school. Around 150 students and 50 adults were evacuated during the 15 boat trip. Kenny said…

Human rights groups say politicians have recently been forcibly disappearingThe Mali military government dissolved all political parties after accusations from rights groups that opposing figures were arrested. Assimi Gaita, who took power in two Army coups in 2020 and 2021, verified the decision after it aired to Marian in a statement aired on Tuesday. The parties disbanded after this month’s demonstration, demanding that the country return to democratic rule. Protesters gathered on May 3rd and 4th to carry placards, reading “dictatorship, long-lived democracy,” reading slogans, in the responsibilities of the military government’s rare public who had promised to hold elections…

The legendary startup investor and accelerator Y combinator have Google’s choice words in an Amicus brief just filed in a US monopoly case against the search giant. Simply put, YC accused Google of being the “monopoly” of “scattering” the US startup ecosystem by reluctantly searching for web and raising funds for AI startups called Google’s “kill zone.” “Google is chilling independent companies like YC from funding and acceleration to innovative startups that could challenge Google’s advantage,” YC wrote in the submission. “The result has been an artificially hampered and stagnant landscape.” According to YC’s brief, it is currently seeking to…

London, UK, May 13, 2025, Chain Wire Plutus became the first chain integration finance pioneer in 2015 to tokenize a real world asset (RWA) through its chain loyalty reward with Pluton (PLU). Today, Plutus announces new, timeless additions for PLU stackers looking to maximize savings on spending on Plutus cards. In addition to Ethereum Layer 2 incubated in Coinbase built on the base, it marks a new chapter in the evolution of traditional rewards, bringing them to the open and permitted decentralized financial world. Redefine how the value of loyalty is acquired, owned and used. What’s more, more than a…

Officials say the prison is almost twice as large as the capacity earlier this month.Iraq has released more than 19,000 prisoners under a wiped pardon law designed to ease pressure on the overcrowded prison system, including inmates convicted of being members of ISIL (ISIS). The move would provide legal reprieve to some individuals convicted of terrorist allegations, judicial authorities said Tuesday. The law also halted all executions, including former ISIL members. After cleaning the country in 2014, the group once ruled almost a third of Iraq’s territory, and acquired major cities including Mosul, Tikrit and Fallujah before being defeated in…

ExplainerThe evidence shows Jeffries’ statement that it is almost wrong to have about 20% of veteran households rely on food stamps.by Louis Jacobson PolicyfactReleased on May 13, 2025May 13, 2025Hakeem Jeffries, a Democratic leader in the U.S. House of Representatives, has denounced House Republicans considering cutting federal safety net programs, pointing to it affecting veterans. “Around 20% of veteran families rely on supplemental nutritional food aid,” a representative from New York’s 8th Congressional District said Thursday, referring to the Supplemental Nutrition Assistance Program (SNAP), known as Food Stamps. Jeffries’ statement followed news reports that House Republicans are restricting future SNAP…

WASHINGTON (AP) – President Donald Trump’s administration cuts another $450 million in grants to Harvard University the day after Ivy League schools I was pushed back It opposes the government’s claim that it is a hotbed of liberalism and anti-Semitism.In a letter to Harvard Tuesday, the Federal Anti-Semitism Task Force said Harvard will lose $2.2 billion plus eight federal agencies grants. It was previously frozen By the Trump administration.The letter stated that Harvard faced a “sudden, difficult battle” to restore its legacy as a “signal of virtue and a breeding ground for discrimination” and a place of academic excellence.”There is…