Trump’s budget bill touts ‘no tax on overtime.’ But he just made it harder for millions to earn overtime in the first place

Trump’s Department of Labor ‘walked away from’ a rule that expanded overtime to 4 million workers, according to the former agency head. One of the most notable features of President Donald Trump’s “big beautiful bill” passed by the House early Thursday is a series of tax cuts exempting tips, overtime, and Social Security from taxes. The…

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X is down | The Verge

Elon Musk’s X appears to be in the midst of a significant outage. Feeds aren’t loading, and reports indicate that neither are DMs. A quick check of Downdetector shows a spike in reports that appeared to start shortly after 8AM ET and rise sharply before beginning to fall. Elsewhere on social media, people have already…

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Khosla Ventures among VCs experimenting with AI-infused roll-ups of mature companies

Venture capitalists have always focused on investing in companies that leverage technology to either disrupt established industries or create entirely new business categories. But some VCs are starting to flip the script on their investing styles. Rather than funding startups, they are acquiring mature businesses — such as call centers, accounting firms, and other professional…

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