Elon Musk’s SpaceX sues California commission that blocked launches, accusing it of ‘unconstitutional overreach’

Elon Musk has formally filed suit against the California Coastal Commission. Elon Musk made good Tuesday on an earlier vow to sue the California Coastal Commission. In the lawsuit, filed in the US District Court for the Central District of California, Musk’s SpaceX accused the commission of ‘”unconstitutional overreach” after members criticized his political leanings…

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Elon Musk has spent nearly $75 million on his pro-Trump super PAC

Elon Musk contributed nearly $75 million to his pro-Trump super PAC, “America PAC,” according to newly filed documents. Elon Musk has contributed nearly $75 million of his own money in the latest period to “America PAC,” a super PAC that the billionaire businessman established to support former President Donald Trump, according to a document filed…

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New dating apps and social-networking startups are emerging. Read the pitch decks 6 used to raise millions of dollars.

A new generation of consumer-social startups is emerging. From social networks focused on getting people to meet IRL to dating apps taking on Tinder or Hinge, some startups are disrupting the digital social scene. Founders of these startups are tackling problems like loneliness, dating app fatigue, and general dissatisfaction with the current social-media incumbents. Meet…

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Trump says Google has ‘a lot of power’ and he would do ‘something’ about it — but stops short of favoring a break-up

Trump said Google has a lot of power, but also said the US wants to “have great companies.” Former President Donald Trump weighed in on Google’s antitrust challenges, criticizing the company while saying it was important for the US to have “great companies.” The US Department of Justice is weighing asking a federal judge to…

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Stock market today: Indexes fall from records as chip rout drags tech shares lower

A drop in chipmaker shares on Tuesday hit pause on the latest rally, yanking indexes from the record highs achieved in the previous session. The tech-heavy Nasdaq dropped 1% as Tuesday’s session delivered a double-whammy to the semiconductor industry. Europe’s largest tech firm, ASML, set off sector-wide gloom when it posted disappointing earnings and slashed…

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As a warning, China sent warplanes and warships, including its first aircraft carrier, to practice assaulting Taiwan

China said its “Joint Sword-2024B” exercises have concluded and successfully tested integrating joint military operations. In a warning, China’s military surrounded Taiwan during a military exercise on Monday, demonstrating its ability to blockade key ports, execute strikes, and assault positions. The drill, a follow-up to a massive exercise earlier this year, included warplanes and naval…

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China has built a giant Osprey-like drone that engineers say can carry 10 passengers and fly at 340 mph

United Aircraft’s team standing before the Lanying R6000 prototype with a sign that says the drone was just rolled off the assembly lines. A Chinese aviation firm has built the first prototype of a large tilt-rotor drone that can carry a 2-ton load, according to a local report in Anhui province. Dubbed the Lanying R6000,…

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