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CoreWeave commits $6 bn to Pennsylvania data centre amid Trump AI push
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The Hindu
3 minutes ago
- The Hindu
Watch: Trump's warnings Are India-U.S. ties in trouble?
The Trump administration bowls another googly with threats of Russia sanctions. Given differences over tariffs, Operation Sindoor and the ceasefire, immigration and deportations… is the India U.S. relationship in trouble and will a mini trade deal fix it? Last week, we spoke about the problem between BRICS and U.S. President Donald Trump. But this week, India is facing some more direct ire from the U.S. – as U.S. lawmakers prepare a bill that would sanction Russia's biggest energy buyers, China and India, also Brazil, with 500% tariffs. What are India's choices and what events should we look out for? Script & Presentation: Suhasini Haidar Production: Shibu Narayan & Nivedita V
Indian Express
3 minutes ago
- Indian Express
Stephen Colbert's The Late Show is cancelled by CBS
CBS is cancelling The Late Show With Stephen Colbert next May, shuttering a decades-old TV institution in a changing media landscape and removing from air one of President Donald Trump's most prominent and persistent late-night critics. CBS said Late Show was canceled for financial reasons, not for content. But the timing — three days after Colbert criticized the settlement between Trump and Paramount Global, parent company of CBS, over a 60 Minutes story — led two U.S. senators to publicly question the motives. Stephen Colbert told his audience at New York's Ed Sullivan Theater that he had learned Wednesday night that, after a decade on air, 'next year will be our last season. … It's the end of 'The Late Show' on CBS. I'm not being replaced. This is all just going away.' The audience responded with boos and groans. 'Yeah, I share your feelings,' the 61-year-old comic said. Three top Paramount and CBS executives praised Colbert's show as 'a staple of the nation's zeitgeist' in a statement that said the cancellation 'is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show's performance, content or other matters happening at Paramount.' In his Monday monologue, Stephen Colbert said he was 'offended' by the $16 million settlement reached by Paramount, whose pending sale to Skydance Media needs the Trump administration's approval. He said the technical name in legal circles for the deal was 'big fat bribe.' 'I don't know if anything — anything — will repair my trust in this company,' Colbert said. 'But, just taking a stab at it, I'd say $16 million would help.' Trump had sued Paramount Global over how 60 Minutes edited its interview last fall with Democratic presidential candidate Kamala Harris. Critics say the company settled primarily to clear a hurdle to the Skydance sale. The president — a longtime target of Colbert — on Friday said on Truth Social that 'I absolutely love' that Colbert was 'fired.' In his message, he insulted the late-night hosts on ABC, CBS and NBC. 'I hear (ABC's) Jimmy Kimmel is next,' Trump wrote. 'Has even less talent than Colbert. (Fox News Channel's) Greg Gutfeld is better than all of them, including the Moron on NBC who ruined the once great Tonight show.' Stephen Colbert took over The Late Show in 2015 after becoming a big name in comedy and news satire working on Comedy Central with Jon Stewart on The Daily Show and hosting The Colbert Report, which riffed on right-wing talk shows. The guests on his very first show in September 2015 were actor George Clooney and Jeb Bush, who was then struggling in his Republican presidential primary campaign against Trump. 'Gov. Bush was the governor of Florida for eight years,' Colbert told his audience. 'And you would think that that much exposure to oranges and crazy people would have prepared him for Donald Trump. Evidently not.' The most recent ratings from Nielsen show Colbert gaining viewers so far this year and winning his timeslot among broadcasters, with about 2.417 million viewers across 41 new episodes. On Tuesday, Colbert's Late Show landed its sixth Emmy nomination for outstanding talk show. It won a Peabody Award in 2021. David Letterman began hosting The Late Show in 1993. When Colbert took over, he deepened its engagement with politics. Alongside musicians and movie stars, Colbert often welcomes politicians to his couch. Democratic U.S. Sen. Adam Schiff of California was a guest on Thursday night. Schiff said on X that 'if Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.' Democratic U.S. Sen. Elizabeth Warren of Massachusetts released a similar statement. Colbert's counterpart on ABC, Kimmel, posted 'Love you Stephen' on Instagram and directed an expletive at CBS. 'I'm just as shocked as everyone,' NBC Tonight show host Jimmy Fallon said Friday on Instagram. 'Stephen is one of the sharpest, funniest hosts to ever do it. I really thought I'd ride this out with him for years to come.' 'They're trying to silence people, but that won't work. Won't work. We will just get louder,' actor Jamie Lee Curtis, who has previously criticized Trump and is set to visit Colbert's show in coming days, told the AP. Late-night TV has been facing economic pressures for years; ratings and ad revenue are down and many young viewers prefer highlights online, which networks have trouble monetizing. CBS also recently canceled host Taylor Tomlinson's After Midnight, which aired after The Late Show. Still, Colbert had led the network late-night competition for years. And while NBC has acknowledged economic pressures by eliminating the band on Seth Meyers' show and cutting one night of Jimmy Fallon's The Tonight Show, there had been no such visible efforts at The Late Show. Colbert's relentless criticism of Trump, his denunciation of the settlement, and the parent company's pending sale can't be ignored, said Bill Carter, author of The Late Shift. 'If CBS thinks people are just going to swallow this, they're really deluded,' Carter said. Andy Cohen, who began his career at CBS and now hosts Watch What Happens Live, said in an interview: 'It is a very sad day for CBS that they are getting out of the late-night race. I mean, they are turning off the lights after the news.'
NDTV
13 minutes ago
- NDTV
Trump Gets Approval For $9 billion Cut To Public Broadcasting, Foreign Aid
WASHINGTON: The House gave final approval to President Donald Trump's request to claw back about $9 billion for public broadcasting and foreign aid early Friday as Republicans intensified their efforts to target institutions and programs they view as bloated or out of step with their agenda. The vote marked the first time in decades that a president has successfully submitted such a rescissions request to Congress, and the White House suggested it won't be the last. Some Republicans were uncomfortable with the cuts, yet supported them anyway, wary of crossing Trump or upsetting his agenda. The House passed the bill by a vote of 216-213. It now goes to Trump for his signature. "We need to get back to fiscal sanity and this is an important step," said House Speaker Mike Johnson, R-La. Opponents voiced concerns not only about the programs targeted, but about Congress ceding its spending powers to the executive branch as investments approved on a bipartisan basis were being subsequently canceled on party-line votes. They said previous rescission efforts had at least some bipartisan buy-in and described the Republican package as unprecedented. No Democrats supported the measure when it passed the Senate, 51-48, in the early morning hours Thursday. Final passage in the House was delayed for several hours as Republicans wrestled with their response to Democrats' push for a vote on the release of Jeffrey Epstein files. The package cancels about $1.1 billion for the Corporation for Public Broadcasting and nearly $8 billion for a variety of foreign aid programs, many designed to help countries where drought, disease and political unrest endure. The effort to claw back a sliver of federal spending came just weeks after Republicans also muscled through Trump's tax and spending cut bill without any Democratic support. The Congressional Budget Office has projected that measure will increase the U.S. debt by about $3.3 trillion over the coming decade. "No one is buying the the notion that Republicans are actually trying to improve wasteful spending," said Democratic leader Hakeem Jeffries. The cancellation of $1.1 billion for the CPB represents the full amount it is due to receive during the next two budget years. The White House says the public media system is politically biased and an unnecessary expense. The corporation distributes more than two-thirds of the money to more than 1,500 locally operated public television and radio stations, with much of the remainder assigned to National Public Radio and the Public Broadcasting Service to support national programming. Democrats were unsuccessful in restoring the funding in the Senate. Lawmakers with large rural constituencies voiced particular concern about what the cuts to public broadcasting could mean for some local public stations in their state. Sen. Lisa Murkowski, R-Alaska, said the stations are "not just your news - it is your tsunami alert, it is your landslide alert, it is your volcano alert." As the Senate debated the bill Tuesday, a 7.3 magnitude earthquake struck off the remote Alaska Peninsula, triggering tsunami warnings on local public broadcasting stations that advised people to get to higher ground. Sen. Mike Rounds, R-S.D., said he secured a deal from the White House that some money administered by the Interior Department would be repurposed to subsidize Native American public radio stations in about a dozen states. But Kate Riley, president and CEO of America's Public Television Stations, a network of locally owned and operated stations, said that deal was "at best a short-term, half-measure that will still result in cuts and reduced service at the stations it purports to save." Among the foreign aid cuts are $800 million for a program that provides emergency shelter, water and family reunification for refugees and $496 million to provide food, water and health care for countries hit by natural disasters and conflicts. There also is a $4.15 billion cut for programs that aim to boost economies and democratic institutions in developing nations. Democrats argued that the Republican administration's animus toward foreign aid programs would hurt America's standing in the world and create a vacuum for China to fill. "This is not an America first bill. It's a China first bill because of the void that's being created all across the world," Jeffries said. The White House argued that many of the cuts would incentivize other nations to step up and do more to respond to humanitarian crises and that the rescissions best served the American taxpayer. "The money that we're clawing back in this rescissions package is the people's money. We ought not to forget that," said Rep. Virginia Foxx, R-N.C., chair of the House Rules Committee. After objections from several Republicans, Senate GOP leaders took out a $400 million cut to PEPFAR, a politically popular program to combat HIV/AIDS that is credited with saving millions of lives since its creation under Republican President George W. Bush. Democrats say the bill upends a legislative process that typically requires lawmakers from both parties to work together to fund the nation's priorities. Triggered by the official rescissions request from the White House, the legislation only needed a simple majority vote to advance in the Senate instead of the 60 votes usually required to break a filibuster. That meant Republicans could use their 53-47 majority to pass it along party lines. Two Republican senators, Murkowski and Sen. Susan Collins of Maine, joined with Democrats in voting against the bill, though a few other Republicans also raised concerns about the process. "Let's not make a habit of this," said Senate Armed Services Committee Chairman Roger Wicker of Mississippi, who voted for the bill but said he was wary that the White House wasn't providing enough information on what exactly will be cut. Russ Vought, the director of the Office of Management and Budget, said the imminent successful passage of the rescissions shows "enthusiasm" for getting the nation's fiscal situation under control. "We're happy to go to great lengths to get this thing done," he said during a breakfast with reporters hosted by the Christian Science Monitor. In response to questions about the relatively small size of the cuts -- $9 billion -- Vought said that was because "I knew it would be hard" to pass in Congress. Vought said another rescissions package is 'likely to come soon."
