Evercore ISI senior managing director Mark Mahaney reacts to January’s jobs report and reveals his top tech stocks on ‘Varney & Co.’
Meta, the company that owns the popular social media apps Facebook and Instagram, announced plans for “Project Waterworth” a massive subsea cable project.
The project will cover more than 50,000 kilometers, which is more than 31,000 miles, a figure even longer than the circumference of the globe, the company noted.
“Once complete, the project will reach five major continents and span over 50,000 km (longer than the Earth’s circumference), making it the world’s longest subsea cable project using the highest-capacity technology available,” Meta’s announcement, by Gaya Nagarajan and Alex-Handrah Aimé, declares.
META ENDS FACT-CHECKING PROGRAM AS ZUCKERBERG VOWS TO RESTORE FREE EXPRESSION ON FACEBOOK, INSTAGRAM
Mark Zuckerberg is seen in attendance during the UFC 298 event at Honda Center on Feb. 17, 2024 in Anaheim, Calif. (Chris Unger/Zuffa LLC via Getty Images)
The internet infrastructure undertaking “will bring industry-leading connectivity to the U.S., India, Brazil, South Africa, and other key regions,” the company noted.
The endeavor will cost billions of dollars.
“Project Waterworth will be a multi-billion dollar, multi-year investment to strengthen the scale and reliability of the world’s digital highways by opening three new oceanic corridors with the abundant, high speed connectivity needed to drive AI innovation around the world,” the announcement says.
FACEBOOK OWNER INVESTING UP TO $65 BILLION TOWARD AI IN 2025
Rob Luna Enterprise CEO Rob Luna gives his take on Meta’s market success and gives investment advice on ‘Making Money.’
“We’ve driven infrastructure innovation with various partners over the past decade, developing more than 20 subsea cables. This includes multiple deployments of industry-leading subsea cables of 24 fiber pairs – compared to the typical 8 to 16 fiber pairs of other new systems,” the announcement reads.
“With Project Waterworth, we continue to advance engineering design to maintain cable resilience, enabling us to build the longest 24 fiber pair cable project in the world and enhance overall speed of deployment,” it also notes.
META CEO MARK ZUCKERBERG SAYS ‘EVERYTHING I SAY LEAKS’ FROM INTERNAL MEETINGS: ‘IT SUCKS’
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, arrives for the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Monday, Jan. 20, 2025. (Shawn Thew/EPA/Bloomberg via Getty Images)
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Meta founder, chairman and CEO Mark Zuckerberg attended President Donald Trump’s inauguration in January.
President Donald Trump touted the executive order he signed to keep biological males out of women’s sports earlier this week in his interview on Fox News Channel on Sunday.
Trump was asked in the interview by Bret Baier how he was going to bring the country together and find common ground with those who are against his policies.
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President Donald Trump waves as he boards Air Force One at Palm Beach International Airport in West Palm Beach, Fla., Sunday, Feb. 9, 2025.(AP Photo/Ben Curtis)
“I’d love to do it. But I would say this: We have to come together, but to come together, there’s only one thing that’s going to do it, and that’s massive success,” Trump said. “Success will bring the country together. But it’s hard. And I say it’s hard.
Trump then turned his attention to the executive order.
“I just signed a bill allowing for women not to have to be punished by men in sports. In other words, men are not going to be allowed to play in sports against women. It’s ridiculous,” he said.
TRUMP RELEASES STATEMENT AHEAD OF SUPER BOWL LIX
President Donald Trump speaks before signing an executive order barring transgender female athletes from competing in women’s or girls’ sporting events on Feb. 5, 2025.(AP Photo/Alex Brandon)
Trump signed the order earlier in the week as he was joined by several athletes in girls’ and women’s sports. His signature came on National Girls and Women’s Sports Day.
The NCAA responded to Trump’s executive order by changing its trans participation policy.
“A student-athlete assigned male at birth may not compete on a women’s team,” the new policy read.
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President Donald Trump signed an executive order barring transgender female athletes from competing in women’s or girls’ sporting events on Feb. 5, 2025.(AP Photo/Alex Brandon)
The previous policy, which had been in place in 2010, allowed biological males to compete in the women’s category after undergoing at least one year of testosterone suppression treatment.
Fox News’ Jackson Thompson contributed to this report.
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Ryan Gaydos is a senior editor for Fox News Digital.
‘Making Money’ host Charles Payne discusses the current state of global trade and The Fitz-Gerald Group principal Keith Fitz-Gerald analyzes Palantir on ‘Making Money.’
When asked whether the Elon Musk-led Department of Government Efficiency (DOGE) would serve as roadblocks to their business, Palantir’s CEO and chief technology officer were overwhelmingly optimistic about the check-and-balance foundation that DOGE is laying.
“Palantir’s real competition is a lack of accountability in government, these forever software projects that cost an insane amount that don’t actually deliver results. They’re sacred cows of the deep state,” CTO Shyam Sankar said in the fourth-quarter earnings webcast on Tuesday.
“And I think DOGE is going to bring meritocracy and transparency to government. And that’s exactly what our commercial business is,” he continued. “The commercial market is meritocratic and transparent, and you see the results that we have in that sort of environment. And that’s the basis of our optimism around this.”
The artificial intelligence-enabled data analytics firm reached its own milestone this week, as investors reacted positively to Palantir’s Q4 earnings and caused shares to surge as high as 28% before settling at a 24% gain by market close.
WHAT IS U.S.A.I.D. AND WHY IS IT IN TRUMP’S CROSSHAIRS?
Forbes reported that Palantir’s market capitalization jumped up to $240 billion, a company record, making it more valuable than popular names like McDonald’s, American Express and Disney.
Top Palantir executives reportedly have no fears about risks DOGE could pose to its government contract-led business. (Getty Images)
More than half of Palantir’s business comes from government contracts. During an appearance on FOX Business in December, its CEO Alex Karp shared his wholehearted support for DOGE, adding that there’s no “better person” than Musk to lead it.
Palantir CEO Alex Karp opens up about the company’s success and weighs in on DOGE on ‘The Claman Countdown.’
“We love disruption, and whatever is good for America will be good for Americans and very good for Palantir,” Karp said on Tuesday’s webcast. “Disruption, [at] the end of the day, exposes things that aren’t working. There’ll be ups and downs. There’s a revolution. Some people can get their heads cut off.”
“We’re expecting to see really unexpected things and to win, basically, that’s what we’re going to do,” he expanded. “And we’re pretty optimistic about the U.S. environment.”
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Palantir CTO Shyam Sankar warns that if the United States entered a war with a near-peer adversary, our weapons stockpile would last weeks — not years — on ‘The Claman Countdown.’
“The work that we’ve done in government, it’s deeply operational, deeply valuable, and we’re pretty excited about exceptional engineers getting in there under the hood and being able to see that for a change,” Sankar also said.
As of Wednesday’s opening bell, Palantir stock was down slightly from its all-time Tuesday high of $105.79.
The WWE on Monday touted historic numbers around the Royal Rumble, which saw Jey Uso and Charlotte Flair win the men’s and women’s marquee matches over the weekend.
The Royal Rumble took place at Lucas Oil Stadium in Indianapolis, transforming the home of the Indianapolis Colts into a pro wrestling spectacle. The company announced it was the “most-successful and highest-grossing Royal Rumble” in its history.
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Jey Uso points to the WrestleMania 41 sign.(WWE)
WWE said the 2025 event drew the largest gate for any single-night event in the promotion’s history. Around 70,342 fans attended the event. The attendance figure sits only behind WrestleMania 40’s Night 1 and 2 attendance at Lincoln Financial Field in Philadelphia.
The company added that viewership was up 14% in the U.S. from last year. Bayley and Cody Rhodes each won their Rumble matches and went to WrestleMania 40 to win their respective titles.
WWE said merchandise and sponsorship sales were also up.
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John Cena raises Jey Uso’s hand.(WWE)
Social media appeared to be interested in streamer IShowSpeed’s appearance in the men’s Rumble match. He took the place of Akira Tozawa who wasn’t able to compete in the match at the last second. IShowSpeed entered the ring and did a backflip to hype of the fans.
But the streamer’s time was short-lived. Bron Breakker bounced off the ropes at full speed and nearly broke IShowSpeed in half with a spear. WWE Chief Content Officer Paul “Triple H” Levesque applauded IShowSpeed for his willingness to take the spear.
The moment generated more than 300,000,000 views across social media platforms in less than 24 hours.
The 2025 Royal Rumble took place at Lucas Oil Stadium in Indianapolis.(WWE)
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The Royal Rumble is the first premium live event on the road to WrestleMania 41. Uso and Flair are guaranteed world title matches. It’s up to them to pick who they will face.
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Ryan Gaydos is a senior editor for Fox News Digital.
Taylor Swift is set to be a focal point at the Super Bowl for the second consecutive year as she will very likely be in a suite at the Caesars Superdome cheering on Travis Kelce.
There is a lot less uncertainty around her appearance than there was last year. Swift was in the midst of the Asian leg of her “Eras Tour” and needed the conditions to be just right for her to fly back to Las Vegas to watch the Kansas City Chiefs take on the San Francisco 49ers.
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Taylor Swift embraces Kansas City Chiefs tight end Travis Kelce after the AFC Championship NFL football game against the Buffalo Bills on Sunday, Jan. 26, 2025 in Kansas City, Missouri.(AP Photo/Ashley Landis)
This time, the tour is finished, and Swift has her sights set on New Orleans. While the broadcast cameras were not necessarily on her every move during the playoffs so far, the impact she has made on fans – specifically young female fans – has been indelible.
Former New England Patriots star Julian Edelman underscored that point during his appearance on “Fox & Friends” on Tuesday.
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Taylor Swift started showing up at Chiefs games last season.(David Eulitt/Getty Images)
“Honestly, it’s been an awesome thing because my daughter does talk about football,” Edelman told Fox News Channel’s Ainsley Earhardt. “You know, playing for the New England Patriots, it’s terrible to hear your daughter say Chiefs all the time.
“It gives us a conversation point. She loves learning about it.”
Edelman will be a part of FOX’s coverage for Super Bowl LIX with Charissa Thompson, Charles Woodson, Michael Vick, Peter Schrager, Kristina Punk and Cooper Manning.
FOX’s coverage of Super Bowl LIX will begin at 1 p.m. ET. Coverage can also be streamed live on Tubi for the first time ever.
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Super Bowl LIX will be streamed on Tubi.(Tubi)
The Chiefs will take on the Philadelphia Eagles.
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Ryan Gaydos is a senior editor for Fox News Digital.
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The Trump administration rolled out a social media thread on Sunday highlighting the “worst criminals” arrested by Immigration and Customs Enforcement (ICE) since President Donald Trump was sworn-in as the nation’s 47th president last week.
“Under President Trump’s leadership, ICE agents are working tirelessly to protect our communities. From illegal alien child rapists to gang members and individuals with suspected ties to ISIS, here are some of the worst criminals arrested,” the White House X thread reads.
The post shows nine different illegal immigrants who have already been convicted of vicious crimes, such as child rape, or have alleged links to gangs and terrorists organizations and other serious crimes. The nine illegal immigrants highlighted in the thread include their photos, as well as short biographies explaining their crimes.
“MAKE AMERICA SAFE AGAIN: Edgar De La Cruz-Manzo, a convicted child rapist and Mexican national, was arrested by ICE Seattle on January 25, 2025,” one post reads.
ICE ARRESTS 3 TREN DE ARAGUA GANG MEMBERS IN MASS DEPORTATION PUSH
Compilation photo of illegal immigrants arrested by ICE under Trump administration. (White House )
Another explains: “MAKE AMERICA SAFE AGAIN: A Mexican national wanted for murder with an active INTERPOL Red Notice was arrested by ICE Los Angeles on January 24, 2025.”
“MAKE AMERICA SAFE AGAIN: A Jordanian national with suspected ties to ISIS was arrested by ICE Buffalo/Rouses Point on January 24, 2025,” another post reads.
TRUMP’S ICE NABS CHILD SEX OFFENDERS AMONG 530+ ILLEGAL IMMIGRANTS CAUGHT IN SINGLE DAY
Trump’s 2024 campaign prominently focused on the immigration crisis under the Biden administration, vowing to deport illegal immigrants, including those with long rap sheets in other nations, cartel members and others with alleged ties to terrorism.
Less than a week back in the Oval Office, Trump touted that he is keeping his campaign promises with a series of directives and policies to secure the border.
President Donald Trump speaks about the economy during an event at the Circa Resort and Casino in Las Vegas, Saturday, Jan. 25, 2025. (AP Photo/Mark Schiefelbein)
BORDER ENCOUNTERS DROP SHARPLY AS TRUMP LAUNCHES CRACKDOWN ON ILLEGAL IMMIGRATION
“Within hours of taking the oath of office, I declared a national emergency at our southern border. I sent active duty troops on the border to help repel the invasion. Tom Homan is leading the charge. You know that. We like Tom Homan. Doing a great job. We immediately halted all illegal entry and began sending every border trespasser and violator back to the places from which they came. I signed an order that will designate the cartels as foreign terrorist organizations. It’s a big deal, it’s a big deal. Biden didn’t want to do that,” he said from Las Vegas during a rally on Saturday. “Biden didn’t know he was alive. He didn’t want to do it.”
A senior GOP strategist who spoke to Fox Digital about efforts to secure the border and remove dangerous illegal immigrants, remarked that the Biden administration could have done the same, but “did nothing about it.”
INDIANA ATTORNEY GENERAL FILES LAWSUIT AGAINST SHERIFF FOR DEFYING FEDS ON ILLEGAL IMMIGRATION
“The most absurd part of all of this is that it’s clear the Biden administration knew EXACTLY where these pedophiles, murderers, and rapists were and did nothing about it,” the strategist said. “President Trump was given a mandate to execute his America First agenda and that starts with restoring the rule of law, securing our borders, and punishing known criminals.”
Other illegal immigrants arrested by ICE include a convicted sex offender from Ethiopia who was arrested in New Orleans on Friday; a Brazilian national convicted of vehicular manslaughter who was arrested by ICE Boston; and a Honduran national arrested by ICE Seattle who was found with cocaine, fentanyl, and a gun.
A group of over 100 migrants attempting to enter the US illegally rush a border wall Thursday, March 21, 2024. In the process the migrants knock down Texas National Guardsmen before they are halted by the border wall.(James Breeden for New York Post / Mega)
Law enforcement agencies stretching from ICE, to the DEA and U.S. Marshals, have been on an arresting blitz since Trump’s first day in office on Jan. 20. The Trump administration deputized thousands of federal agents on Thursday evening to aid agencies such as ICE and U.S. Customs and Border Protection in efforts to arrest illegal immigrants.
White House press secretary Karoline Leavitt reported that on Thursday alone, law enforcement nationwide arrested more than 500 illegal immigrants, and deported hundreds of others.
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“The Trump Administration arrested 538 illegal immigrant criminals including a suspected terrorist, four members of the Tren de Aragua gang, and several illegals convicted of sex crimes against minors,” she posted to X last week.
“The Trump Administration also deported hundreds of illegal immigrant criminals via military aircraft. The largest massive deportation operation in history is well underway. Promises made. Promises kept,” Leavitt added.
Actor Matthew McConaughey showed off his lifelong Washington Redskins fandom on Sunday as the team, now known as the Commanders, got set to play in the NFC Championship.
McConaughey posted a photo of a tiny letterman jacket with the Redskins logo on the left side.
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Matthew McConaughey attends the game between the Washington Redskins and the Pittsburgh Steelers at FedEx Field in Landover, Maryland, Sept. 12, 2016.(Brad Mills-USA Today Sports)
“Hailing since 1974,” he captioned the post on X.
While it appeared to surprise fans of the “Interstellar” star that he would be a fan of Washington, McConaughey talked about his support for the NFL team in 2014.
He told GQ magazine he became a fan because of old Western movies. He said he “rooted for the Indians” and that because he liked hamburgers, he liked the Redskins because of their linebacker Chris Hanburger.
At the time, he also expressed support for keeping the Redskins nickname. Then-team owner Daniel Snyder had vowed not to change the name but did in 2020 amid a summer of racial tension in the U.S.
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Matthew McConaughey smiles before the Washington Redskins play the Pittsburgh Steelers at FedEx Field on Sept. 12, 2016.(Brad Mills-USA Today Sports)
“What interests me is how quickly it got pushed into the social consciousness,” he told the magazine at the time. “We were all fine with it since the 1930s, and all of a sudden we go, ‘No, gotta change it?’ It seems like when the first levee breaks, everybody gets on board. I know a lot of Native Americans don’t have a problem with it, but they’re not going to say, ‘No, we really want the name.’ That’s not how they’re going to use their pulpit.
“It’s like my feeling about gun control: ‘I get it. You have the right to have guns. But look, let’s forget that right. Let’s forget the pleasure you get safely on your range, because it’s in the wrong hands in other places.’”
The Redskins name is still a hot-button issue for fans of the franchise. It appeared the old logo will be honored in some way as the franchise looks to build a new stadium on the old RFK site.
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Stream Super Bowl LIX for free on Tubi.(Tubi)
Now as the Commanders, McConaughey still supports the team and will be watching closely as Washington looks to make the Super Bowl for the first time since the 1991 season.
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Ryan Gaydos is a senior editor for Fox News Digital.
Trump AI and ‘crypto czar’ David Sacks discusses the administration’s crypto policies and future ambitions for the digital currency during an exclusive interview on ‘The Evening Edit.’
President Donald Trump’s cryptocurrency czar, David Sacks, is celebrating after the president signed an executive order seeking to clarify regulations in the industry on Thursday, hailing his embrace of the industry while slamming the Biden administration for driving it away.
In an exclusive interview with FOX Business’ “The Evening Edit” on Friday, Sacks said Trump’s actions showed he is following through on his campaign promise to make the U.S. the “crypto capital” of the world.
Sacks said that Trump’s crypto EO directs his working group to produce a regulatory framework to encourage innovation and crypto in the U.S., rather than driving the industry to other countries.
PROMINENT PRIVATE SECTOR INVESTMENTS MOUNT AMID TRUMP’S RETURN TO THE WHITE HOUSE
“For the last four years, the Biden administration has basically prosecuted and persecuted crypto companies, really driving them offshore,” Sacks told host Edward Lawrence. “I’ve heard so many outrageous stories by founders, by entrepreneurs, the Biden administration would not tell them what the rules of the road were, and they would then get prosecuted. And what the industry wants more than anything else is regulatory clarity.”
David Sacks, CEO of Zenefits, speaks during 2016 TechCrunch Disrupt in San Francisco, California, U.S. September 13, 2016. (REUTERS/Beck Diefenbach / Reuters)
“They’re saying, just tell us what the rules are. We will abide by them,” Sacks said. And the Biden administration would never do that. And because of that, all the innovation was basically moving offshore, and America was about to lose this technology of the future.”
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Trump’s order establishes the Presidential Working Group on Digital Asset Markets, which will develop a federal regulatory framework for digital assets, including stablecoins, and evaluate the creation of a strategic national digital assets stockpile. It will be chaired by the White House AI and crypto czar and include the treasury secretary, the chairman of the Securities and Exchange Commission (SEC), as well as other relevant department and agency heads.
