The U.S. government launched an initiative to counter China's dominance in the supply of critical minerals, essential for manufacturing smartphones, weapons, and other technologies, according to BBC Technology. The State Department hosted the first Critical Minerals Ministerial event on Wednesday, attended by representatives from countries and organizations including the UK, European Union, Japan, India, South Korea, Australia, and the Democratic Republic of Congo.
Delegates at the ministerial discussed the availability of and access to these crucial minerals. The U.S. aims to establish a trade zone for these materials, BBC Technology reported.
In other news, social media company Pinterest recently laid off approximately 15% of its workforce, impacting about 700 roles, as part of a shift towards an "AI-forward approach," according to a memo from CEO Bill Ready posted on LinkedIn, BBC Technology reported. Following the layoffs, Pinterest terminated two engineers for writing scripts to identify the locations and names of dismissed employees, improperly accessing confidential company information, according to BBC Technology.
Meanwhile, in the world of professional sports, the NBA trade deadline passed on Thursday with Milwaukee Bucks superstar Giannis Antetokounmpo remaining with the team. ESPN reported that the Bucks informed other teams of their decision to retain the two-time MVP, despite reported interest from the Minnesota Timberwolves and Golden State Warriors. Antetokounmpo had previously expressed openness to a change of scenery, according to Fox News.
The Dallas Cowboys are facing potential salary cap challenges, with Dak Prescott and CeeDee Lamb already accounting for a significant portion of the team's cap space, Fox News reported. This situation has led to speculation about the future of other key players, similar to the trade of Micah Parsons last year. CeeDee Lamb and Michael Irvin have publicly advocated for a substantial contract extension for another Cowboys star, according to Fox News.
The impact of Name, Image, and Likeness (NIL) deals continues to be felt in college and professional sports. Former NFL agent Ben Dogra told Fox News Digital that NIL deals are influencing college athletes' decisions about entering the NFL Draft. Dogra cited Oregon quarterback Dante Moore's decision to return to college as an example of a choice potentially influenced by NIL opportunities. "I think you're seeing, based on what happened wi," Dogra said, according to Fox News.
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