The United Nations Is About to Tax You

Trump vs UN global tax

Tech divided over SF crime

UK’s censorship push

Trump urged defections, warning of retaliatory tariffs, visa bans, and port fees on supporters; the U.S. delegation, backed by Saudi Arabia, lobbied aggressively for abstentions from over 50% of global tonnage-representing states.

Targeting ships over 5,000 gross tons (85% of emissions), it mandates annual GHG intensity reductions via "Z-factors," with excess emissions offset by $100–$380/ton permits feeding a fund for green fuels.

Many Western governments, especially in Europe, support the IMO plan.

Rubio, Wright, and Duffy's joint statement decried it as an "unaccountable UN carbon tax" burdening Americans, hinting at WTO challenges.

⭐ Editor’s Pick: Wall Street banks notched one of their most lucrative quarters on record, fueled by steadfast consumer spending and surging equities. (TNND)

U.S. homebuilder sentiment surges to a six-month high of 37 in October, buoyed by easing mortgage rates and price cuts. (INV)

Amid a government shutdown, the Trump administration will pay over 70,000 DHS law enforcement agents, including ICE and Border Patrol. (RTS)

⭐ Editor’s Pick: Tesla's stock is poised for significant upside, driven by robust Cybercab robotaxi prospects and projected $2 trillion revenue by 2035, Seeking Alpha says. (SA)

IBM is emerging as the premier quantum computing stock for the next decade, amid a market poised to reach $100 billion by 2035, according to Motley Fool. (MF)

Eli Lilly and AstraZeneca stand out as premier pharmaceutical growth stocks for long-term holding, propelled by blockbuster GLP-1 drugs, according to Motley Fool. (MF)

LPL Financial trades 36% below its $504 fair value estimate, positioning it as a prime buy in the overvalued financial-services sector, Morningstar reports. (MS)

⭐ Editor’s Pick: The Justice Department indicted voting-technology firm Smartmatic in Miami federal court for conspiring to bribe Philippine officials. (WSJ)

A study uncovers unsafe lead levels in over two-thirds of 23 popular protein powders, with plant-based brands like Naked Nutrition and Huel exceeding daily safety thresholds by up to 1,600%. (FBN)

NBA Commissioner Adam Silver faces a growing managerial crisis from Clippers owner Steve Ballmer amid a league probe into alleged salary cap circumvention via a sham endorsement deal for Kawhi Leonard. (BBG)

⭐ Editor’s Pick: U.S. LNG export capacity is poised to more than double to 28.7 billion cubic feet per day by 2029, fueled by robust U.S. project expansions. (RTS)

India plans to ramp up U.S. LPG imports in a bid to advance a bilateral trade pact amid escalating tariffs over New Delhi's Russian crude purchases. (OP)

Texas lawmakers unveiled plans to crown the state the world's nuclear capital through a $350 million fund and new office. (TCS)

Gold soared to an all-time high of $4,300 per ounce, with analysts eyeing a climb to $4,500 by year-end. (FE)

⭐ Editor’s Pick: Paxos, PayPal's crypto partner, erroneously minted $300 trillion in PYUSD stablecoins in a brief technical glitch swiftly rectified. (CNBC)

BlackRock plans to launch a GENIUS Act-compliant money-market fund tailored for stablecoin reserves. (TB)

Tokenized gold is the fastest-growing category of tokenized assets as physical gold prices continue to break records. (CN)

Ripple Labs plans to launch a fundraising effort to purchase $1 billion worth of its XRP token to hold in a digital asset treasury. (CD)

Conservative news outlet Newsmax will establish a $5 million crypto reserve, allocating funds to Bitcoin and Trump Coin. (NM)

Conway, founder of SV Angel and early backer of Google, Airbnb, and Stripe, cited misaligned values in an email to Benioff, slamming his call for a “federal invasion”; a Democrat donor with $500K tied to Kamala Harris’ 2024 campaign, he served over a decade on the board.

Benioff told the New York Times he’s “all for” troops as cops due to SF’s “defunded” police, citing Dreamforce security costs; he later clarified on X that safety is a local responsibility.

Trump called San Francisco a “mess” and floated National Guard deployment, while Elon Musk labeled downtown a “drug zombie apocalypse.”

Benioff previously routed $27.4 million via the Tides Foundation to activist groups fueling the "protest-industrial complex."

⭐ Editor’s Pick: AI-generated "workslop" is saddling workers with billions in lost productivity and fraying workplace trust, new research shows. (CON)

OpenAI suspends Sora’s ability to generate videos of Martin Luther King Jr. at the request of his estate, citing “disrespectful depictions.” (TC)

Kayak rolled out AI Mode, a ChatGPT-powered chatbot on its website that lets U.S. users query travel options, compare deals, and book flights, hotels, and cars. (YN)

OpenAI recruited black-hole physicist Alex Lupsasca as its inaugural hire for the "OpenAI for Science" initiative to leverage GPT-5 to accelerate frontier research in theoretical physics. (AX)

⭐ Editor’s Pick: Tesla targets production of its first "legion" of 5,000 to 12,000 Optimus humanoid robots in 2025. (TES)

AheadForm Technology unveiled Elf V1, a hyperrealistic bionic humanoid robot with lifelike silicone skin, expressive actuators, and real-time emotional AI. (IDR)

Waymo partnered with DoorDash to deploy autonomous Jaguar SUVs for food and grocery deliveries in Phoenix. (VER)

Starfront Observatories in rural Texas has amassed over 550 robot telescopes, enabling amateur astronomers worldwide to remotely capture the cosmos. (NYT)

⭐ Editor’s Pick: Trump announced a second summit with Putin in Budapest after a "very frank" phone call yielding "great progress" to end the Ukraine war. (DN)

U.S. B-52 bombers conducted a show-of-force patrol off Venezuela's coast amid Trump administration escalation against Maduro's regime. (TWZ)

Anduril CEO Palmer Luckey revealed to Joe Rogan that he urged Trump to run for president in a 2009 letter at age 15, cementing his status as an early "Trump OG." (FOX)

The U.S. Army tapped Anduril to modernize its counter-drone fire control system, supplanting Northrop Grumman's FAAD C2 with advanced sensor fusion. (BD)

⭐ Editor’s Pick: Aboon, an AI-driven platform streamlining 401(k) launches for financial advisors and business owners, secures $17.5 million in seed funding led by Bain Capital Ventures. (WM)

a16z Crypto deployed $50 million in a private token sale for Solana infrastructure leader Jito. (TB)

Seattle startup Brook.ai raises $28 million in Series B funding led by UMass Memorial Health and Morningside to scale its AI-powered remote care platform. (GW)

Israeli startup Second Nature secured $22 million Series B, led by Sienna VC, to scale its AI-driven sales training platform. (CALT)

Ofcom sent enforcement letters to U.S.-based 4chan, Kiwi Farms, and others, threatening £20,000 ($26,500) fines plus £100 ($130) daily penalties for non-compliance with the Online Safety Act, citing their 7% UK user base as jurisdiction.

Byrne, representing the firms, filed a lawsuit arguing they are “entirely American” with no UK ties, and Ofcom’s demands bypass the US-UK Mutual Legal Assistance Treaty (MLAT) required for cross-border enforcement.

Ofcom’s response dismissed the First Amendment’s relevance but claimed UK law’s extraterritorial reach, a stance Byrne calls “asinine” and contradictory to UK pledges not to target U.S. citizens.

⭐ Editor’s Pick: CBS News' "woke" standards chief Claudia Milne exits amid Bari Weiss's overhaul as new editor in chief, marking the first high-profile scalp in a bid to curb liberal bias under owner David Ellison. (NYP)

NBC eliminated its DEI-focused news teams amid a broader corporate retreat from diversity initiatives. (SKY)

The Pentagon denounces Netflix’s gay military drama "Boots" as a “woke garbage” and vows to withhold filming support. (ET)