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Ana María Careaga was just 16 when she was kidnapped, stolen by the regime then running Argentina. To her mother, Esther Ballestrino de Careaga, it was as if she had vanished.

It was an event that would change not just the lives of both the women and the daughter Ana María was carrying, but the future of Argentina. And it was something a priest named Jorge Bergoglio would never forget.

It was 1977 and Argentina was under the grip of a military dictatorship following a coup the year before. Those who opposed the regime were abducted, tortured, and killed – victims of what would become known as the “Dirty War.”

There was no notification or public record of the detentions, and families had no idea what had happened to their loved ones.

By the time Ana María was seized, her brother-in-law had already disappeared. Soldiers took her to the clandestine detention center known as El Atlético, where she was tortured – even after she told her captors she was three months pregnant.

Although the extrajudicial kidnappings were becoming increasingly common, families did not speak of them — until mothers took a stand.

On April 30, 1977, a dozen or so women, each the mother of a missing child, gathered in Plaza de Mayo, the grand square in front of the Casa Rosada presidential palace in Buenos Aires. They were ordered to disperse, but instead linked arms and continued to walk slowly around the square.

Each Sunday, more women would come to join in, soon to include Esther who became one of the leaders of Las Madres de Playa de Mayo (the Mothers of Playa de Mayo.)

Mothers of the Plaza de Mayo hold a banner as they walk in front of the Casa Rosada in 1980.
The protesters hold pictures of their loved ones. Thousands upon thousands of people were killed or disappeared.

Esther knew Bergoglio long before he had even joined the priesthood. She had been his boss while he was a high schooler working a technical internship at a laboratory.

‘The disappeared are my children’

While Ana María was detained — always chained and blindfolded, she said — her mother and other members of the movement met in a back room at the Santa Cruz Church in downtown Buenos Aires.

Ana María turned 17 while still in captivity, and she was released on September 30, 1977, by then seven months pregnant.

Within days of a medical check arranged by her mother, she left for Sweden, where she was granted asylum.

“That was the last time we saw each other,” Ana María said. “We wrote letters to each other, and in one letter she tells me that when I was kidnapped, she was like an automaton, thinking about (me) the whole time. She left in the morning and came back at night, out all day with the mothers searching, searching, searching.”

Even when her daughter was safe, Esther kept campaigning for those who had become known as the “disappeared.”

To Ana María, and perhaps to the priest who’d befriended her mother, it was a reflection that “the struggle wasn’t just individual, but a collective one.”

Months after her daughter’s release, in December 1977, Esther and others met as usual at Santa Cruz when they were betrayed. Stepping out of the church, she and others were abducted.

“They had been taken to … a clandestine center for torture and extermination, and then they were thrown alive from the ‘death flights,’ which was the final solution they (the regime) boasted of having found to get rid of the bodies,” Ana María said. The “death flights” where prisoners were killed by being tossed from a plane over land or sea is now a documented horror of the Dirty War.

Many bodies were never recovered, but days after she disappeared, the remains of Esther washed up on land.

“What the Mothers say is that the sea did not want to be an accomplice and returned the bodies,” Ana María said.

Esther’s remains were unidentified though and buried in a mass grave.

Ana María did not know of her mother’s disappearance until she called to tell her of the birth of her granddaughter, the baby carried while she was detained.

“She was born on December 11, and we called on December 11, 1977, to say that she had been born, and that’s when we found out that my mom had been kidnapped three days earlier,” she said. “My mom didn’t know that she had been born safely.”

‘I did what I could’

As Archbishop of Buenos Aires, Bergoglio testified about Esther during a 2010 trial related to Dirty War atrocities. In an excerpt posted on YouTube by journalist Uki Goñi, he said he had known her for more than 20 years.

“It caused me great pain,” Bergoglio said of learning of her abduction. “I tried to get in touch with relatives, I wasn’t able to. They were mostly … in hiding.”

He said he had tried to speak to people who could help but had not approached the authorities. His actions or lack thereof during the Dirty War hung around him as unanswered questions, even as the Vatican dismissed allegations against him.

“I did what I could,” he told the trial. “I remember her as a great woman.”

Decades later, long after the fall of the military regime in 1983, the remains from the oceanside mass grave were identified, and found to include Esther.

Families petitioned Bergoglio to allow them to be buried not in a cemetery, but outside the Church of Santa Cruz — the last place they had walked free.

“He said it was an honor,” Ana María told us. “He remembered his friend Esther and said it was an honor and authorized it so we could, as the faithful of this church say, sow them in the last free land that their feet trod.”

To commemorate her mother and all the others who challenged the regime, April 30 is now recognized as the founding of the Mothers of the Plaza de Mayo.

The Vatican publicized a message then Pope Francis sent to Ana Marìa in 2018 to play on a radio show she hosts. “I very much remember your mother,” he said then. “She worked hard, she was a fighter and together with her many women who fought for justice, both because they had lost their children or simply because mothers who, seeing the drama of so many missing children, came together to fight for this as well.”

Standing just off the main altar inside Santa Cruz Church, Ana María calmly pulled out her replacement phone — her original had been recently stolen. Fortunately, her WhatsApp messages had been backed up, preserving the Pope’s words, and her memories.

She still has that recording on her phone. In it, the Pope tells her: “I’m glad you follow these footsteps of your mother and that you broadcast it to others in your radio show. So today, in a special way, I pray for mothers, I pray for you, I pray for your mother Esther, and I pray for all the men and women of good will who wish to carry forward a project of justice and fraternity among all. May God bless you all.”

Esther Ballestrino de Careaga never met her granddaughter. But Pope Francis did, spending about an hour with her last year when she visited Rome, her mother said, proudly showing a video of the two together. “He knew the whole story because my mom told him everything they had done to me, the torture, everything,” Ana María said.

As another April 30 anniversary approaches, Ana María has only memories now of her mother and the Pope.

Of her mother, she said: “I have a very vivid memory of a very loving, hard-working, and committed person. I feel she left me with many values, and she’s present in our history because disappearance generates that — disappearance is the permanent presence of an absence.”

She carries a directive from the Pope as well.

“When my daughter went to see him last year, he told her that we had to continue bearing witness,” she said. “We, right now in Argentina, are going through a very difficult time, and I say … we need to remember again.”

“Everything that happened, the 30,000 disappeared, and how the Mothers created a civilizing pact in this country, a social contract of ‘never again.’ And that’s why it’s so important to preserve memory, which was also what the Pope said: that memory had to be preserved.”

This post appeared first on cnn.com

Fatalities have been confirmed after a car plowed into a crowd at a street festival celebrating Filipino heritage in Vancouver on Saturday night, according to officials in the Canadian city.

“A number of people have been killed and multiple others are injured after a driver drove into a crowd at a street festival,” the Vancouver Police Department wrote in a statement on X.

The driver of the vehicle is in custody, according to police.

Prime Minister Mark Carney mourned the dead and wounded, calling the ramming “horrific” in a statement on X.

“I offer my deepest condolences to the loved ones of those killed and injured, to the Filipino Canadian community, and to everyone in Vancouver. We are all mourning with you,” he wrote.

Vancouver’s mayor also offered condolences.

“I am shocked and deeply saddened by the horrific incident at today’s Lapu Lapu Day event,” Ken Sim wrote on X.

“Our thoughts are with all those affected and with Vancouver’s Filipino community during this incredibly difficult time.”

Sim said he would provide more information on the incident.

This is a developing story and will be updated.

This post appeared first on cnn.com

Pope Francis had a great sense of humor. When I met him once at the back of the papal plane, I cracked a joke with him that was a little bit close to the line. Luckily, he roared with laughter and told me “Sei cattivo!” (“You’re naughty!”). Every day, he used to say, he prayed the words of St. Thomas More: “Lord, give me a sense of humor.”

Francis took what he did seriously. But he never took himself too seriously.

One thing that struck me about him was his intuition and pastoral instincts. Whatever the situation, he always seemed to find the right words to say. When I met him with my family one time, my youngest child was crying.

“Whenever they see a man in white, they think I’m a doctor and about to give them some medicine!” he joked.

His ability to read people was also vital in his leadership. When he met bishops, he would get them into a circle and ask which one wanted to start speaking. It allowed him to understand the dynamics of a group, which helped him make appointments and decisions in the future.

Francis liked to make himself accessible. He would say his door was always open – but that same door also had a sign on it that read “no whining.”

There was never a dull moment covering his pontificate. As pope, he gave more media interviews than anyone else, but he never had a spokesperson or media advisers. Predicting his next move was notoriously difficult, and when it came to appointing new cardinals, no one knew in advance who he’d be choosing or when. New cardinals would talk about their phones blowing up in the middle of a Mass as people tried to contact them to tell them the news.

Francis wasn’t naïve, however. He was a politically savvy pope, very decisive and often stubborn. He wanted to stay true to himself and not become scripted. My enduring memory is of a very human pope who was full of surprises. He leaves big shoes to fill.

This post appeared first on cnn.com

Here’s a quick recap of the crypto landscape for Wednesday (April 23) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$93,529.14 as markets closed for the day, up 2.2 percent in 24 hours. The day’s range has seen a low of US$92,078.75 and a high of US$94,122.31.

Bitcoin performance, April 23, 2025.

Bitcoin performance, April 23, 2025.

Chart via TradingView.

Fueledby the re-entry of institutional investment, the crypto markets appear to be headed towards a robust recovery; however, the long-term trajectory remains to be seen.

Ethereum (ETH) ended the day at US$1,785.14, a 5.2 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,767.67 and a high of US$1,815.24.

Altcoin price update

  • Solana (SOL) ended the day valued at US$150.05, up four percent over 24 hours. SOL experienced a low of US$149.31 and peaked at $153.47.
  • XRP traded at US$2.22, reflecting a three percent increase over 24 hours. The cryptocurrency recorded an intraday low of US$2.20 and reached its highest point at US$2.29.
  • Sui (SUI) was priced at US$2.98, showing an increaseof 21 percent over the past 24 hours. It achieved a daily low of US$2.89 and a high of US$3.06.
  • Cardano (ADA) was trading at US$0.6981, up 6.3 percent over the past 24 hours. Its lowest price on Wednesday was US$0.6873, with a high of US$0.7138.

Today’s crypto news to know

Bitcoin becomes fifth largest global asset, overtakes Google

Bitcoin has climbed to a market capitalization of US$1.86 trillion, overtaking Alphabet (NASDAQ:GOOGL) to become the world’s fifth-largest asset by market value. The price of Bitcoin surged past US$94,000, helped by easing trade tensions between the US and China and renewed bullish sentiment across tech and risk-on assets.

This marks a symbolic milestone for the cryptocurrency, which has now outpaced several of the world’s most valuable tech giants. Analysts point to Bitcoin’s increasing correlation with macroeconomic tailwinds — such as falling bond yields and speculative interest in risk assets — as drivers of the recent price action.

Its breakout relative to the Nasdaq also suggests growing investor confidence in crypto as a parallel to tech. If Bitcoin maintains this trajectory, some believe it could soon challenge silver’s position as the fourth-largest global asset.

Brandon Lutnick forms new Bitcoin investment vehicle

Brandon Lutnick, son of Howard Lutnick, US secretary of commerce and former Cantor Fitzgerald chair, will launch a listed Bitcoin investment vehicle through a reverse merger with Cantor Equity Partners, a special purpose acquisition company. This is according to a Tuesday (April 22) report from the Financial Times.

The newly established entity, purportedly named Twenty One Capital, will be led by co-founder Jack Mallers, CEO of Bitcoin-focused payments app Strike, and majority owned by Tether (USDT) and cryptocurrency exchange Bitfinex. SoftBank Group (TSE:9984) will also own a ‘significant minority’ stake.

Financial Times sources said Tether will contribute at least US$1.5 billion worth of Bitcoin.

The company will also raise US$385 million through a convertible bond and US$200 million via a private equity placement, which it will use to acquire more Bitcoin. Eventually, SoftBank, Tether and Bitfinex’s investments will be converted from Bitcoin into shares in Twenty One Capital, with a price of US$13 per share for the private placement and US$10 per share for the convertible bond.

According to the report, Twenty One Capital will launch with 42,000 BTC, making it the world’s third-largest Bitcoin reserve. “With a visionary leader at the helm and backing from two renowned industry leaders, Twenty One is designed to help investors capture value from Bitcoin’s growing global demand and increasing institutional adoption,” Lutnick said in a press release on Wednesday. The deal values the new company at US$3.6 billion based on an approximate US$85,000 Bitcoin valuation. As of writing, Bitcoin is valued at US$93,808.31.

Trump backs crypto regulation, Trump Media eyes retail crypto products

During a public appearance, US President Donald Trump called for regulatory certainty in the crypto industry and vowed to provide ‘clear rules of the road’ for digital asset innovation.

His statement coincided with Trump Media & Technology Group’s announcement that it will partner with Crypto.com and Yorkville America Digital to launch retail investment products, including crypto-focused ETFs aligned with Trump’s “America First” platform. The planned offerings aim to capitalize on the president’s growing presence in the digital asset space following prior ventures like Trump NFTs and crypto-affiliated partnerships.

While no official ETF filings have been submitted yet, the initiative signals Trump’s commitment to making crypto a policy priority as part of his economic strategy.

Trump to host dinner for $TRUMP token holders

Trump will host a dinner for the top 220 holders of his $TRUMP token in Washington, DC, on May 22.

News of the event sent $TRUMP’s valuation up by over 55 percent in under an hour. $TRUMP reached US$14.44 at around midday on Wednesday, its highest valuation since mid-February. As of writing, $TRUMP is valued at US$13.46.

Top token holders are required to link their wallets for holding verification. The top 25 holders will gather for a private reception with the president before dinner.

Around 40 million $TRUMP tokens, or roughly 20 percent of the tokens’ circulating supply, were unlocked on April 17; they were valued at slightly above US$300 million at the time.

$TRUMP reached an all-time high of US$75.35 on January 19, according to data from CoinMarket Cap. This was followed by an abrupt reversal and steady decline in Q1 to valuations between US$9 to US$7 in April.

Tesla reports US$951 million in Bitcoin holdings despite earnings miss

Tesla (NASDAQ:TSLA) revealed it continues to hold $951 million worth of Bitcoin on its balance sheet, despite posting weaker-than-expected quarterly revenue of US$19.34 billion.

The automaker’s Bitcoin holdings, totaling 11,509 BTC, remained unchanged during the quarter, with no buy or sell activity recorded. This comes as Bitcoin’s price dipped from late December highs, impacting Tesla’s valuation of its digital asset portfolio under the new Financial Accounting Standards Board rules.

These rules now require corporations to mark digital assets to market on a quarterly basis, increasing transparency but also exposing earnings to crypto market volatility. Tesla’s crypto exposure, while relatively small compared to its core business, still makes it one of the top public holders of Bitcoin globally.

Riot Platforms secures US$100 million credit facility backed by Bitcoin

Riot Platforms (NASDAQ:RIOT) secured a US$100 million credit facility from Coinbase Global (NASDAQ:COIN) on Wednesday using a massive Bitcoin stockpile as collateral.

Data from Bitcoin Treasuries indicates that Riot holds 19,223 BTC valued at approximately US$1.8 billion, making the company the third-largest corporate Bitcoin treasury behind Michael Saylor’s Strategy and MARA Holdings.

“Riot has entered into its first bitcoin-backed facility, which provides us with non-dilutive funding at an attractive cost of financing,” said Jason Les, CEO of Riot, in a press release. “This credit facility is a key part of our efforts to diversify sources of financing to support our operations and strategic growth initiatives, with a view towards long-term stockholder value creation.”

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (April 25) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$95,030.17 as markets closed for the day, up 1.8 percent in 24 hours. The day’s range has seen a low of US$94,367.25 and a high of US$95,563.75.

Bitcoin performance, April 25, 2025.

Bitcoin performance, April 25, 2025.

Chart via TradingView.

As the crypto market stages its comeback after weeks below its key resistance level, ARK Invest increased its most optimistic Bitcoin price forecast for 2030 from US$1.5 million to US$2.4 million. The firm attributes this upward revision to growing interest from institutional investors and Bitcoin’s expanding role as ‘digital gold.’ Cointelegraph’s market analysis cites five technical indicators pointing to valuations above US$100,000 by May.

Ethereum (ETH) ended the day at US$1,796.65, a two percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,772.18 and a high of US$1,819.79.

Altcoin price update

  • Solana (SOL) ended the day valued at US$151.24, down 0.1 percent over 24 hours. SOL experienced a low of US$150.90 and peaked at $155.18.
  • XRP traded at US$2.19, reflecting a 0.6 percent decrease over 24 hours. The cryptocurrency recorded an intraday low of US$2.19 and reached its highest point at US$2.22.
  • Sui (SUI), this week’s outperformer, was priced at US$3.60, showing an increaseof 8.8 percent over the past 24 hours. It achieved a daily low of US$3.56 and a high of US$3.73. Sui is up by over 67 percent for the week.
  • Cardano (ADA) was trading at US$0.7127, down 1.7 percent over the past 24 hours. Its lowest price on Friday was US$0.7099, with a high of US$0.7268.

Today’s crypto news to know

ARK Invest sees Bitcoin hitting US$2.4 million by 2030

Cathie Wood’s ARK Invest has revised its already-optimistic bitcoin forecast, now projecting the asset could reach as high as US$2.4 million by 2030 in its most bullish scenario.

The firm’s April 24 report outlines three trajectories: a bear case of US$300,000, a base case of US$710,000, and a sky-high scenario that factors in growing institutional allocations and rapid expansion of on-chain financial services.

The US$2.4 million target assumes bitcoin captures 6.5 percent of the US$200 trillion global investable asset pool, with sustained 60 percent annual growth in BTC-driven financial infrastructure. National reserves, corporate treasuries, and rising adoption in emerging markets also play critical roles in the model, but ARK identifies institutional capital as the most transformative force.

While skeptics still cite volatility and regulatory uncertainty, ARK argues that BTC’s asymmetric upside—especially amid global monetary shifts—makes it a once-in-a-generation investment thesis.

Saylor predicts BlackRock ETF will eclipse all ETFs within a decade

MicroStrategy Chairman Michael Saylor declared that BlackRock’s iShares Bitcoin Trust (IBIT) will become the largest ETF in the world within 10 years, following a record-breaking week where U.S. bitcoin ETFs drew US$2.8 billion in net inflows.

IBIT led the pack with US$1.3 billion, lifting its total assets to roughly US$54 billion and driving daily trading volumes above US$1.5 billion. For context, the current largest ETF, Vanguard’s VOO, commands a market cap over US$593 billion—nearly ten times IBIT’s current size.

Bloomberg ETF analyst Eric Balchunas acknowledged Saylor’s claim wasn’t farfetched, but said IBIT would need to consistently attract US$3 billion US$4 billion per day to overtake VOO within a decade.

The bold prediction reflects mounting institutional appetite for BTC exposure, but also underlines the extraordinary capital movement that would be required for such a paradigm shift in ETF rankings.

$ TRUMP meme coin rallies after president offers private dinner

Donald Trump’s $TRUMP meme coin surged over 70 percent after the president promised an exclusive gala dinner for the token’s top 220 holders, including a VIP reception at his Washington DC golf club for the top 25.

Launched just before Trump’s January inauguration, the coin has exploded in both market cap—now estimated around US$2.5 billion—and political intrigue, reflecting the former president’s aggressive expansion into crypto.

This latest move aims to blend campaign optics with digital asset hype, positioning Trump not just as a “crypto president,” but as an active participant in speculative retail culture.

Critics have slammed the dinner-for-holders gimmick as a political stunt and potential conflict of interest, while others say it signals a new model of decentralized donor engagement.

Regardless, the announcement caused a major pump and reignited interest across meme coin forums and pro-Trump financial channels.

Swiss central bank rejects Bitcoin in reserves

Swiss National Bank Chairman Martin Schlegel flatly rejected proposals to include bitcoin in the country’s currency reserves, stating it ‘cannot currently fulfil the requirements’ needed for official holdings.

At the SNB’s annual meeting in Bern, Schlegel cited bitcoin’s extreme volatility and insufficient liquidity as major concerns, making it unsuitable for maintaining the stability and convertibility of the national reserve portfolio.

This comes as activists behind the ‘Bitcoin Initiative’ mount a constitutional referendum campaign that would legally compel the SNB to hold BTC alongside gold. Luzius Meisser, one of the movement’s leaders, argued bitcoin could prove invaluable in a future marked by declining trust in government debt.

The SNB’s resistance, however, signals continued institutional reluctance to enshrine bitcoin as a strategic monetary asset, even in one of the world’s most financially progressive nations.

CME Group to launch XRP futures

The Chicago Mercantile Group (CME) announced plans to launch XRP futures contracts, according to an announcement by the derivatives marketplace on Thursday (April 24).

“As innovation in the digital asset landscape continues to evolve, market participants continue to look to regulated derivatives products to manage risks across a wider range of tokens,” said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. “Interest in XRP and its underlying ledger (XRPL) has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to provide a capital-efficient toolset to support clients’ investment and hedging strategies.”

Pending regulatory approval, participants will be able to trade micro-sized contracts comprising 2,500 XRP and/or large contracts of 50,000 XRP starting on May 19.

Nasdaq calls for consistent digital asset regulation

A letter to the US Securities and Exchange Commission (SEC) from the Nasdaq exchange on Friday (April 25) called on regulators to apply the same regulatory standards to digital assets as they do to securities, particularly if these assets function as ‘stocks by any other name.’

Nasdaq asserted that the SEC needs to develop a more distinct classification system for cryptocurrencies, suggesting that some digital assets should be categorized as ‘financial securities.’ The exchange contended that these tokens should continue to be regulated in the same manner as traditional securities, irrespective of their tokenized format.

“Whether it takes the form of a paper share, a digital share, or a token, an instrument’s underlying nature remains the same and it should be traded and regulated in the same ways,” the letter said.

The letter also proposed categorizing some cryptocurrencies as “digital asset investment contracts,” which would still be overseen by the SEC, but subject to “light touch regulation”.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Keep reading…Show less
This post appeared first on investingnews.com

This week brought major developments in the tech space as interest rate speculation impacted the market and Alphabet (NASDAQ:GOOGL) saw developments in its high-stakes antitrust battle.

Meanwhile, Motorola Solutions (NYSE:MSI) made waves with new artificial intelligence (AI) integrations, and earnings reports impacted shares of Tesla (NASDAQ:TSLA), IBM (NYSE:IBM) and Intel (NASDAQ:INTC).

Meanwhile, the EU continued its regulatory push against Apple (NASDAQ:APPL) and Meta Platforms (NASDAQ:META).

Read on to dive deeper into this week’s top stories.

1. DOJ pushes for radical remedies in Google’s antitrust trial

This week, federal attorneys presented possible remedies before Judge Amit Mehta in the Google search antitrust case, following his August 2024 ruling that Google is illegally monopolizing the search market.

The US Department of Justice (DOJ) recommended that Google be forced to share its user data with rivals and advocated for the sale of Google’s Chrome business, arguing that the divestiture would give other companies a fighting chance in the search engine market. As the week progressed, executives from OpenAI, DuckDuckGo, Perplexity and Yahoo said they would consider acquiring Chrome if Mehta were to force a sale.

“Google can compete, but they simply don’t want to compete on a level playing field,” DOJ attorney David Dahlquist said during his opening remarks on Monday (April 21). He added, “Google is now fearful of competing against rivals who will only get stronger with the proposed remedies in place.” Dahlquist also called for forward-looking remedies that would prevent future monopolization in the burgeoning field of AI-powered search and related AI services, proposing that Google be banned from making deals with phone manufacturers that make Google Search the default search.

Google’s attorney, John Schmidtlein, said the proposal is “fundamentally flawed” and argued that it is a “wishlist” for competitors that would immediately benefit from technology that Google has spent years developing.

In a blog post on Sunday (April 20), Lee-Anne Mulholland, Google’s vice president of regulatory affairs, wrote, “At trial, we will show how DOJ’s unprecedented proposals go miles beyond the Court’s decision, and would hurt America’s consumers, economy, and technological leadership.” Mulholland contends that the DOJ’s antitrust proposals would hinder user access to preferred services, raise costs, slow innovation, jeopardize privacy, impede AI development and undermine the functionality and security of key platforms like Chrome and Android.

Illustrating the challenge that Google’s competitors face, Dmitry Shevelenko, head of product for Perplexity AI, said that on on Android devices, the process of setting Perplexity AI as the default AI assistant over Google’s pre-set Gemini is like navigating a “jungle gym.’ However, he also expressed concern that forcing Google to sell Chrome to a competitor, like OpenAI, could lead to the discontinuation of Chrome’s open-source model, which many developers rely on.

Google presented ongoing arguments that users choose Google Search because of its high-quality results, not as a result of anticompetitive practices. The defense also presented evidence that OpenAI, Microsoft (NASDAQ:MSFT) and Meta have sought deals with Samsung Electronics (KRX:005930) to put their AI chatbots onto Samsung phones.

This week’s proceedings laid bare starkly contrasting visions for the future of the search market. The result of the trial will be a pivotal moment and could lead to a major shake-up in the tech world.

2. Motorola to enhance smartphones with multi-partner AI integration

Motorola announced a strategic move on Thursday (April 24) to enhance its smartphones through key partnership agreements with Google, Meta, Microsoft and Perplexity. The company’s new deal takes a “best-of-breed” approach by integrating specialized technologies from each partner into Moto AI.

The Perplexity app will be pre-installed on the new Razr series, allowing users to access Perplexity’s search and assistant capabilities directly within Moto AI. Other Motorola devices launched after March 3, 2025, will receive this feature via a future update. The deal will make Motorola the first smartphone brand to fully integrate Perplexity.

Besides Perplexity, Motorola’s partnership with Google integrates Gemini and Gemini Live models for on-device AI features. Meta’s Llama model will enhance on-device processing, providing notification summaries and enabling mixed-reality notifications and app viewing. Microsoft’s Copilot serves as another option for a conversational chatbot.

Motorola introduced its newest lineup of Razr phones on Thursday. They are equipped with four new features that leverage the specific strengths of each partner: Next Move for recommendations, Playlist Studio for curated music, Image Studio for text-to-image generation and Look and Talk (exclusive to Razr 60 Ultra) for hands-free AI activation.

3. Tesla, IBM, Intel and Alphabet release results

This week brought Q1 earnings releases from prominent tech firms Tesla, IBM and Intel.

The market’s reaction to these reports often sets the tone for the broader market sentiment and trading activity, underscoring the intense scrutiny these updates now hold.

Tesla released its report after markets closed on Tuesday (April 22), showing lower-than-expected revenue and earnings. Despite that news, the company’s share price moved upward on Wednesday. During an earnings call, CEO Elon Musk said that he will begin reducing his time spent at the White House overseeing the Department of Government Efficiency and spend more time at Tesla, news that likely contributed to this upward momentum.

Musk also highlighted a focused approach to bringing robotaxis to Austin by June, with more cities to follow, alongside piloting automated Cybercab production for next year. While 2025 delivery targets were unspecified, he reaffirmed the affordable vehicle’s development and ongoing Full Self-Driving progress.

Conversely, IBM’s stock price fell by over 6 percent on Thursday after the company reported its results after Wednesday’s closing bell; the decline came even after it beat analysts’ estimates for both revenue and earnings. This negative reaction has been attributed to a slowdown in IBM’s consulting businesses, sparking concerns about the company’s future growth. Cautious language regarding the economic outlook may have also weighed on investor sentiment.

Tesla and IBM performance, April 22 to 25, 2025.

Tesla and IBM performance, April 22 to 25, 2025.

Chart via Google Finance.

Meanwhile, Intel’s Thursday release of its Q1 results revealed flat revenue and lower earnings per share alongside a lower-than-expected outlook for Q2. The report resulted in a decline in Intel’s stock price, erasing earlier gains that followed a Fortune report that the company planned to lay off 20 percent of its workforce.

Intel and Alphabet performance, April 22 to 25, 2025.

Intel and Alphabet performance, April 22 to 25, 2025.

Chart via Google Finance.

Finally, Alphabet shares rose in after-hours trading following its earnings release on Thursday, closing higher on Friday (April 25) as investors reacted positively to a strong report that revealed increases across the board.

4. EU hits Apple and Meta with DMA fines

The European Union fined Apple and Meta on Wednesday on the grounds that the companies have breached the Digital Markets Act (DMA). Apple was fined 500 million euros after the European Union found that the company imposed restrictions that prevented app developers from informing users about offers available outside of Apple’s App Store, thereby breaching the DMA’s “anti-steering” obligation. Additionally, the European Commission issued a cease-and-desist order to Apple, giving the iPhone maker 60 days to comply with the DMA.

Meta was fined 200 million euros for allegedly violating the DMA’s rules on user consent for data usage with its “pay or consent” model, which requires either personalized advertising or a subscription for ad-free service.

Both companies have said they plan to appeal.

“We have spent hundreds of thousands of engineering hours and made dozens of changes to comply with this law, none of which our users have asked for. Despite countless meetings, the Commission continues to move the goal posts every step of the way,” a representative for Apple told CNN.

Meanwhile, Meta told the Wall Street Journal that the penalties amount to “a multibillion-dollar tariff on Meta while requiring us to offer an inferior service.”

5. Apple plans iPhone manufacturing shift

Apple is reportedly planning a significant shift in its iPhone manufacturing strategy, aiming to move the assembly of iPhones destined for the US market from China to India as early as next year, according to a Thursday report in the Financial Times. This potential move signals a considerable departure from Apple’s longstanding dependence on China as its primary iPhone production hub. The impetus behind this strategic realignment is largely attributed to the escalating trade tensions between the US and China, which have compelled numerous multinational corporations to re-evaluate and diversify their global supply chains to mitigate risks.

Apple’s efforts to establish a manufacturing footprint in India have been underway for several years, with a gradual increase in iPhone production in the South Asian nation. However, the latest reports suggest a much more ambitious plan. Insiders familiar with the matter have indicated to the Financial Times that Apple’s ultimate objective is to transfer its entire iPhone production capacity for the US market to India by the end of 2026.

This would represent a complete overhaul of Apple’s current manufacturing arrangement and a major boost to India’s aspirations of becoming a global electronics manufacturing center.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Russian authorities say they have detained a man described as a “Ukrainian special services agent” in connection with a car explosion that killed Russian General Yaroslav Moskalik on Friday.

The suspect allegedly purchased the car that exploded in Balashikha, less than 20 miles east of Moscow, according to TASS citing Russia’s Federal Security Service. The suspect’s nationality is unclear; according to the FSB, he has a residence permit in Ukraine.

The FSB also accused him of planting an explosive device in the car, but said that it was detonated from Ukraine. Video published by TASS on Saturday appeared to show charred electronics and parts of the car. Russia’s Investigative Committee had previously said the blast was caused by an improvised explosive device packed with shrapnel.

Photos released by Russian authorities appear to show the suspect driving a dark green Volkswagen with license plates that match those purportedly found at the site of the blast.

TASS video also showed the man being put into a van, and included footage of him apparently in custody describing his alleged recruitment by Ukraine’s special services. It’s unclear if he was under duress during the confession.

Moskalik was killed on the same day US special envoy Steve Witkoff met with Russian President Vladimir Putin at the Kremlin to discuss efforts to end Russia’s war on Ukraine.

After the three-hour meeting, US President Donald Trump initially voiced optimism that both sides were “very close to a deal.”

But the next day, Trump questioned whether Putin wants a peace deal shortly after meeting with Ukrainian President Volodymyr Zelensky at the Vatican for Pope Francis’ funeral.

In a Truth Social post sent as he returned from Rome after the meeting, Trump raised the prospect of applying new sanctions on Russia after its assault on Kyiv last week.

“There was no reason for Putin to be shooting missiles into civilian areas, cities and towns, over the last few days,” Trump wrote. “It makes me think that maybe he doesn’t want to stop the war, he’s just tapping me along, and has to be dealt with differently, through ‘Banking’ or ‘Secondary Sanctions?’ Too many people are dying!!!”

This is a developing story and will be updated.

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A senior Hamas delegation arrived in Cairo early Saturday for talks with Egyptian officials aimed at brokering a ceasefire agreement, according to a statement by Hamas.

The delegation, led by Chairman of the Hamas Leadership Council Muhammad Darwish, includes other key leaders, among them Khaled Meshaal, Khalil al-Hayya, Zaher Jabarin, and Eng. Nizar Awadallah.

“The delegation began meetings with Egyptian officials to discuss Hamas’s vision for a ceasefire and an end to the war and a prisoner exchange based on a comprehensive deal,” Hamas said in the written statement on Saturday.

According to the statement, the talks will also address the impact of what Hamas describes as Israel’s “starvation tactics” against Palestinians in Gaza and the urgent need to deliver humanitarian aid, food, and medical supplies to the besieged territory. Israel imposed a complete humanitarian blockade on Gaza on March 2, stopping food, medicine, and more from entering the besieged enclave.

“Israel only reacts to offers passed on by the mediators,” the source said.

The head of Mossad, David Barnea, was in Doha, Qatar, earlier this week, for ceasefire talks. So far, there has been no clear indication of a significant breakthrough.

On Friday, US President Donald Trump said he had told Israeli Prime Minister Benjamin Netanyahu, “We’ve got to be good to Gaza.” Taking questions on the way to Italy, Trump said, “there’s a very big need for medicine, food and medicine. We’re taking care of it.”

The president, whose administration has unapologetically backed Israel, offered no details about what steps the US was taking to allow humanitarian aid into Gaza.

“The coming days are going to be critical,” said Jonathan Whitall on Saturday from the UN Office for the Coordination of Humanitarian Affairs in Gaza. “Today, people are not surviving in Gaza. Those that aren’t being killed by bombs and bullets are slowly dying.” One day earlier, the World Food Programme said it had run out food stocks in Gaza.

Netanyahu and other Israeli officials have made clear that the humanitarian blockade is part of a pressure campaign against Hamas, along with Israel’s increased bombardment of Gaza in order to destroy Hamas and bring back the remaining 59 Israeli hostages.

Earlier this month, Israel put forward a ceasefire proposal that called for a disarmament of Gaza without guaranteeing an end to the war, which violates two of Hamas’ red lines.

Since Israeli resumed its war in Gaza on March 18, more than 2,111 Palestinians have been killed, according to the Palestinian Ministry of Health.

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Five people have been killed and more than 700 injured in a huge explosion at the port of Bandar Abbas in southwestern Iran, according to official Iranian media.

The head of the Iranian emergency services said four people had died in the blast. A spokesperson for the emergency services earlier said 516 had been injured.

A video distributed by the Mehr news agency showed surveillance footage of the moment of the explosion, which appears to have occurred in a warehouse at the port. Other footage showed helicopters dropping water at the site of the fire ignited by the explosion.

Debris was spread over a wide area and many buildings at the port complex were badly damaged, according to state media. Windows within a radius of several kilometers were shattered, they said.

Some reports said people were trapped in the wreckage of a building that was reduced to rubble.

The region’s governor, Mohammad Ashouri Taziani, said injured people were being transferred to Bandar Abbas medical centers and the fire had been contained. The port has been closed and maritime operations suspended, according to state media.

Iranian President Masoud Pezeshkian has ordered an investigation into the causes of the incident. He wrote on X that the interior minister had been sent to the region to “examine the dimensions of the accident.”

State broadcaster IRIB said the explosion took place in the chemical and sulfur area of the port.

A government spokeswoman, Fatemeh Mohajerani, said it would take some time to establish the cause of the explosion – “but so far what has been determined is that containers were stored in a corner of the port that likely contained chemicals which exploded. But until the fire is extinguished, it’s hard to ascertain the cause.”

Shahid Rajaee is a large facility for container shipments, covering 2,400 hectares (around 5,900 acres). It handles 70 million tons of cargo annually, including oil and general shipping. It has nearly 500,000 square meters (5.4 million square feet) of warehouses and 35 shipping berths.

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The funeral of Pope Francis gave Catholics across the globe the chance to bid farewell to a beloved pontiff – and for world leaders to rub shoulders at a fraught time for international diplomacy.

More than 250,000 people packed into St. Peter’s Square for Saturday’s service, the Vatican said, with members of the public there to mourn along with 55 heads of state.

The day’s most extraordinary meeting came just minutes before the service began. Presidents Donald Trump and Volodymyr Zelensky held what American and Ukrainian officials described as a “productive” discussion in St. Peter’s Basilica, as Francis’ coffin was about to be brought into the square.

So, what was said, who met who, and where did everyone sit?

What was the seating plan?

St. Peter’s Square was split into quarters. Dignitaries, cardinals and bishops were at the front, nearest the basilica, while clergy and the general public were a little further back. The coffin was placed in front of the central altar.

Behind the seated sections, thousands more had packed into the square, standing for more than two hours in the Italian heat.

In the dignitaries’ section, politicians sat in alphabetical order in French, the traditional language of diplomacy.

This meant that Trump – president of “États-Unis d’Amerique” – sat between the presidents of Finland and Estonia, two nations that share borders with Russia, and which will be especially wary of a reduced US military footprint in Europe.

Finland’s President, Alexander Stubb, played a round of golf with Trump in March during an unofficial trip to Florida. Trump said Stubb was a “very good player.” The Finnish presidency said the pair discussed European security, including Ukraine.

During Saturday’s “Sign of Peace,” a rite where members of the congregation shake hands with their neighbors and say “peace be with you,” Trump was seen shaking hands with several world leaders, including French President Emmanuel Macron.

The only dignitaries not sat in alphabetical order were those from Italy – the host nation – and Argentina – Francis’ birthplace. Italian Prime Minister Giorgia Meloni and Argentinian President Javier Milei were sat near the front, with a cluster of other officials.

What happened at the Trump-Zelensky meeting?

In what was their first meeting since the explosive Oval Office meeting in February, Trump and Zelensky huddled in close discussion without aides in the ornate surroundings of St. Peter’s Basilica, shortly before the service began.

Both the White House and Ukrainian presidency said the talk lasted around 15 minutes, describing it as positive. Zelensky said the meeting was “symbolic,” with the “potential to become historic, if we achieve joint results.” The crowd in the square broke into applause when Zelensky stepped into the square.

“We discussed a lot one on one. Hoping for results on everything we covered. Protecting lives of our people. Full and unconditional ceasefire. Reliable and lasting peace that will prevent another war from breaking out,” Zelensky wrote on X.

The US president and First Lady Melania Trump left Rome swiftly after the service, meaning the two leaders did not hold further discussions. Zelensky later met with Macron and British Prime Minister Keir Starmer. The four leaders were pictured together in the basilica, after Trump and Zelensky’s one-to-one.

Who else was there?

Britain’s Prince William was among a string of royals in Saturday’s crowd. William, next in line to the British throne, sat next to Olaf Scholz, the outgoing chancellor of Germany. Spain’s King Felipe and Queen Letizia, as well as Queen Mary of Denmark, were also in attendance.

Polish President Andrzej Duda and Hungarian Prime Minister Viktor Orban were among several other European leaders in attendance. The South American leaders there included Brazil’s President Luiz Inácio Lula da Silva – who had a close relationship with Francis – and Ecuador’s recently re-elected president Daniel Noboa.

The heads of several supranational institutions were also there, including Tedros Adhanom Ghebreyesus – head of the World Health Organization, from which Trump withdrew the US in January – and UN Secretary-General Antonio Guterres.

Julian Assange also made what was a rare public appearance since his release from Britain’s Belmarsh prison last year. The Wikileaks founder was seen with his wife, Stella, and their two children, at the Vatican.

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