
Synthesia CEO Riparbelli on Tech Opportunities in Europe
Synthesia CEO Victor Riparbelli says ongoing political tension has created better opportunities for entrepreneurs to build companies as focus shifts away from regulation and into the technology and defense sectors. He speaks with Bloomberg's Tom Mackenzie at the Founders Forum in Oxfordshire. (Source: Bloomberg)

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Bloomberg
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Iranian Missiles Intercepted Over Tel Aviv
Iranian missiles intercepted over Tel Aviv in the early hours of Saturday, June 21, 2025. (Source: Bloomberg)

Engadget
an hour ago
- Engadget
Apple is reportedly considering the acquisition of Perplexity AI
Apple's executives are thinking of acquiring Perplexity AI both to get more talent and to be able to offer an AI-based search engine in the future, according to Bloomberg . Adrian Perica, Apple's head of mergers and acquisitions, has reportedly already talked about the idea with services SVP Eddy Cue and the company's top decision-makers with it comes to its AI efforts. It's early stages, however: Apple has yet to talk to Perplexity about a bid, and the internal talks may not even lead to a formal offer. The executives also reportedly discussed an alternative, wherein instead of buying Perplexity outright, it'll team up with the AI company instead. Either way, the idea is to develop an AI search engine powered by Perplexity and to integrate Perplexity's technology into Siri. While Apple has yet to make a formal offer, Bloomberg says it met several times with Perplexity over the past few months. In May, Cue revealed that Apple discussed a possible Safari-integration with Perplexity while on the stand for Google's ongoing Search antitrust case. Cue took the stand due to Apple's long-standing deal with Google to make its search engine the default on the iPhone. (In turn, Apple gets billions of dollars a year — $18 billion in 2021 — from the arrangement.) Cue didn't share any definitive plans, however, including the possibility of an acquisition. If regulators order Apple to end its partnership with Google, purchasing Perplexity would make it easier for the company to develop an AI-based search engine. In addition, it would allow the company to acquire talent needed to be able to catch up with other companies when it comes to artificial intelligence. Apple, like Meta, has been scouting for new AI talent. Bloomberg says it's even competing against the Facebook owner to hire Daniel Gross, the founder of AI company Safe Superintelligence Inc. The company does seem to need help to be able to release the AI features it wants to provide its users. A few months ago, for instance, Apple delayed the rollout of a more powerful Siri that was a key component of its original pitch for Apple Intelligence.


New York Post
4 hours ago
- New York Post
Why Trump's ‘Big Beautiful Bill' is failing the migrant crisis
The violent anti-ICE riots that erupted in Los Angeles last week were the inevitable result of years of Washington's failure to enforce immigration law. As masked mobs torched government property and assaulted officers tasked with upholding the rule of law, one thing became clear: the border crisis isn't just at the border. 4 The US needs upwards of 1,000 additional immigration judges to tackle the migrant crisis effectively. But the funding is currently lacking. Bloomberg via Getty Images President Trump vowed to restore order through mass deportations — and he can, but only if Congress does its part. That means recognizing the core problem that's too often ignored: without a functioning immigration court system, no one can actually be deported. Right now, more than 4 million migrant cases are languishing in limbo, inviting new waves of illegal immigration. The message this sends is to cross the border and work freely for up to 10 years while waiting for a hearing until it is inhumane to be deported. Advertisement Congress is starting to notice. Buried in the House's 'One Big Beautiful Bill' is $1.25 billion in funding to hire 250 immigration judges and their staff. Extra judges is welcome news, but the appropriation is insufficient. According to my estimates, we need 1,000 more immigration judges to eliminate the court backlog by the end of President Trump's term. Although the bill allocates over $100 billion for border security, it almost entirely ignores the greatest obstacle to deportations: the underfunded immigration court system. 4 President Trump has allocated $1.25 billion for new judges, but that number will barely dent the problem ALLISON DINNER/EPA-EFE/Shutterstock What would it really cost to get the immigration court system back on track? Hiring 250 judges annually carries a price tag of $4.7 billion over five years, about three dollars per American. This would give every immigrant due process and help send home the millions who are legally deportable. That is scarcely a rounding error in the federal budget, yet it is the difference between enforcing the law and surrendering to chaos. The OBBB as it stands offers only a quarter of what is required. Yet immigration courts are only half the story. US Citizenship and Immigration Services (USCIS) is sitting on 1.4 million affirmative asylum applications — cases filed by people who arrive in the US on a visa. Because asylum-seekers pay no filing fee, the backlog is funded almost entirely by jacking up costs on high-skilled immigrants, who now shoulder a $600 surcharge every time their employers file paperwork. This is unfair and insufficient. Advertisement 4 The Department of Homeland Security has offered illegal migrants $1,000 to help them 'self-deport.' Ron Sachs – CNP On this issue, Congress is doing exactly what it should and is proposing a $1,000 asylum filing fee. Under current conditions, such a fee would raise $400 million in annual revenue — enough to hire hundreds of asylum officers. Legitimate asylees already spend thousands on legal assistance, so costs are not a new barrier. Rather, the costs ensure that those who benefit from asylum bear the burden of processing applications, instead of other legal immigrants. The Republican-proposed fee also ensures that fraudulent asylum applications are a less attractive path for illegal immigrants. To further dissuade fraudulent asylum, Trump's USCIS and Executive Office for Immigration Review should revive the last-in, first-out rule they implemented in his first term. This rule would process the most recent asylum filings before older ones. The policy proved effective since would-be border crossers and visa overstayers learned that bogus asylum claims would be denied quickly, thus shrinking the inflow. Reinstated alongside a surge of judges and asylum officers, last-in-first-out would end future illegal immigration while working through the backlog of current illegal immigrants. 4 Until sufficient resources are provided to adequately process both new and backlogged migrant cases, protests such as the anti-ICE riots will continue. Advertisement Critics scoff that nearly $5 billion is too much and argue for scrapping the deportation court process in favor of broader executive authority. Yet one court ruling after another proves that any rewrite of asylum law still needs 60 votes in the Senate. The quickest and most practical solution is to hire more immigration judges and deport those ordered to leave. The president and the Department of Homeland Security also wisely help migrants self-deport by paying for their flight home and giving them $1,000, saving the much larger cost of deportation. President Trump has promised mass deportations; his allies in Congress say they want that. The irony is that the price tag for making good on that pledge is shockingly small, but only if lawmakers write a bigger number into the bill currently on the floor. If Republicans are serious about restoring order at the border and in the cities the radical left is rioting, they should prove it by signing the check and hiring immigration judges. Daniel Di Martino is a fellow at the Manhattan Institute and a PhD candidate in Economics at Columbia University.