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As cattle herds shrink and beef prices rise, investors back AI cow collars

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As cattle herds shrink and beef prices rise, investors back AI cow collars

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A startup putting high-tech collars on cows could soon be worth more than $2 billion, as investors bet the technology could help farmers cut costs and cope with labor shortages.

Halter, a New Zealand-based company, is in talks to raise new funding in a deal expected to be led by billionaire Peter Thiel’s Founders Fund, according to a Bloomberg report. The round is attracting heavy investor interest and is close to being filled, though final details are still being negotiated.

THE SINGLE CRUSHING PROBLEM AMERICAN CATTLE RANCHERS WISH TRUMP WOULD FIX INSTEAD

A ranch hand rounds up cattle by horseback and drive them into the pens at the Adams Ranch Inc. in St. Lucie County, Florida on July 9, 2013. (Ty Wright/Bloomberg/Getty Images)

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Farmers are increasingly looking for ways to lower expenses and boost efficiency — changes that could eventually affect food prices for consumers.

Beef prices are already soaring, and economists warn Americans shouldn’t expect relief anytime soon as the U.S. cattle herd has shrunk to its smallest size in 75 years.

The decline has been driven by years of drought, rising costs and an aging ranching workforce. Experts say rebuilding herds will take years, meaning beef prices are likely to remain elevated. 

According to U.S. Department of Agriculture data, the average price of beef in grocery stores climbed from about $8.60 per pound in February 2025 to $10.12 per pound a year later — a roughly 18% increase.

THE COST OF THIS GROCERY STAPLE IS NEARING RECORD HIGHS — AND AMERICANS CAN’T GET ENOUGH

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Against that backdrop, Halter is pitching technology aimed at helping farmers do more with less.

The company’s solar-powered, artificial intelligence-driven collars let ranchers herd cattle without fences, using GPS, sound and vibration signals controlled through a smartphone app. The system also tracks livestock health and movement in real time, giving farmers a way to manage herds remotely.

The goal is straightforward — fewer workers, lower costs and more efficient land use.

THE SURPRISING REASON WHY AMERICANS COULD FACE HIGH BEEF PRICES FOR YEARS

Cattle are shown in pens at the Cattlemen’s Columbus Livestock Auction in Columbus Wednesday, Oct. 8, 2025. (Melissa Phillip/Houston Chronicle/Getty Images)

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Halter is part of a broader push toward “precision agriculture,” where technology is used to modernize farming. But that sector has struggled in recent years, with a wave of startups collapsing and investors pulling back amid high costs and slow adoption.

The company has also expanded into the U.S., opening an office in Colorado and targeting American ranchers as a key growth market.

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If the latest round closes as expected, it would signal renewed confidence that AI can succeed in farming — an industry where many tech bets have fallen short.

Halter did not immediately respond to Fox News Digital’s request for comment.

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Embattled Rep Tony Gonzales announces plans to resign amid sexual misconduct allegations

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Embattled Rep Tony Gonzales announces plans to resign amid sexual misconduct allegations

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Rep. Tony Gonzales, R-Texas, abruptly announced his decision to resign from Congress Monday evening amid calls for him to step aside after admitting to sexual misconduct with a staffer earlier this year.

The embattled lawmaker was facing an anticipated expulsion vote that could have occurred as early as this week. 

“There is a season for everything and God has a plan for us all. When Congress returns tomorrow, I will file my retirement from office,” Gonzales wrote on social media. “It has been my privilege to serve the great people of Texas.”

It is currently unclear when Gonzales will formally resign. A spokesperson for Gonzales did not immediately respond to a request for comment.

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His announcement came just an hour after Rep. Eric Swalwell, D-Calif., said he planned to resign after facing allegations of sexual misconduct and rape.

This is a developing story. Check back for updates.

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Commentary: Trump says in his social media post he was a doctor, not Jesus. A Catholic school alum weighs in

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Commentary: Trump says in his social media post he was a doctor, not Jesus. A Catholic school alum weighs in

The general consensus is that President Trump’s social media post of himself dressed in robes, after a busy weekend in which he blasted Pope Leo and attended a prizefight while an Iran peace plan fell apart, was an attempt to cast himself as a Jesus-like figure.

But Trump says we have it wrong.

“It’s supposed to be me as a doctor, making people better,” he said.

As a graduate of St. Peter Martyr grade school in the San Francisco East Bay area, and as someone who has seen a lot of doctors for various ailments, I feel uniquely qualified to weigh in.

In Catholic school, holy cards are a big deal. You’ve seen a couple hundred of them by the time you hit second or third grade, so you become familiar with the muted ethereal glow, the heavenly gaze and the look of piety. A standard feature is the halo, a clearly defined sphere that sits like a buttered bonnet on the head of the saint.

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Let the record show that in his post on his very own Truth Social, which is not always truthful, Trump does not have a halo.

So in total fairness, it’s possible the president was not lying when he said he was supposed to be a doctor.

On the other hand, having seen a good number of cardiologists and surgeons and orthopedic specialists, I don’t recall any doctors who wore flowing robes while bathed in heavenly light, with a flock of eagles coming out of their ears and a team of Navy SEALs busting through the hospital ceiling.

And then there’s the fireball emanating from Trump’s right hand. All of which poses the question: If Trump thinks this is what a doctor looks like, what ailment is he being treated for, and shouldn’t the public be advised?

There’s also the question of creation — not of human life but of the very existence of a social media post like this from the president of the United States in wartime. It was described as an AI-generated image, but who was at the computer?

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Did the president sit down at the end of a long day and churn out an image of himself playing doctor, if not Jesus Christ? Or does he have a team of staffers who do this sort of thing, and if so, how could Elon Musk have missed them when he said the government was bloated and set out to fire half the federal workforce?

You’d at least hope the president would have the courage of his convictions. But as criticism of his post mounted, Trump deleted it Monday morning.

I think he should have stuck with the story — he was portraying himself as a doctor because he’s a healer. The next day, he could have been in a New York Jets uniform and told us he’s a quarterback. Then he could have released an image of himself in the Artemis space capsule and told us he’s an astronaut and he’s thinking of building a string of Trump hotels on the moon. Ask yourself this: Would anyone have been surprised?

A guy who only knows how to go for broke, and always doubles down when things go wrong, has to stick to his guns or the whole shtick unravels. I’d have respected Trump more if he had traipsed around the White House with a stethoscope for a week or two, or maybe performed brain surgery on Pete Hegseth, just to see what’s going on in there.

What’s going on in Trump’s head, if I might volunteer a bit of armchair psychoanalysis, is that failure triggers a sense of grandeur rather than humility.

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Things are not going well at the moment, so he’s lashing out. The prices of things were supposed to come down on Day One, but thanks to his upheaval of the world economy, prices went up, and now they’re soaring because he helped start a war that made no sense.

A war that has been criticized by Pope Leo, who has pointed out that while the Trump administration has ascribed a religious imperative to the assault on Iran, and Trump promised to blow the country all the way back to the “Stone Ages,” Jesus would probably not be on board.

Trump, who said last year that he wants to “try and get to heaven, if possible,” now realizes he’s not going to get an endorsement from the pontiff.

And so the man who once issued a national call to prayer, said the Bible was his favorite book, joked after the death of Pope Francis that he wanted to be the next pontiff, and has now issued his own holy card, has attacked Pope Leo for being too liberal as well as “weak on crime and terrible for foreign policy.” He has, in effect, anointed himself as holier than the pope himself.

Even staunch supporters of Trump have worked themselves into a lather over this. They’re lashing out at Trump, as if his criticism of the pope and depiction of himself as Jesus Christ are shocking.

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My fellow Americans, certain words have been rendered meaningless in describing the current state of affairs. Among them are shocking, surreal, unbelievable, unprecedented and unexpected.

If indeed Trump thinks he’s Jesus, let his penance begin with 100 Our Fathers, 500 Hail Marys and 1,000 Acts of Contrition.

If indeed he thinks he’s a doctor:

Physician, heal thyself.

steve.lopez@latimes.com

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Video: Eric Swalwell Suspends Campaign for California Governor

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Video: Eric Swalwell Suspends Campaign for California Governor

new video loaded: Eric Swalwell Suspends Campaign for California Governor

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Eric Swalwell Suspends Campaign for California Governor

In a social media post, Representative Eric Swalwell announced that he was suspending his campaign for California governor after two news outlets published accusations of sexual assault and misconduct against him.

I do not suggest to you in any way that I’m perfect or that I’m a saint. I have certainly made mistakes in judgment in my past, but those mistakes are between me and my wife, and to her, I apologize deeply for putting her in this position. I also apologize to you if in any way you have doubted your support for me.

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In a social media post, Representative Eric Swalwell announced that he was suspending his campaign for California governor after two news outlets published accusations of sexual assault and misconduct against him.

By Monika Cvorak

April 13, 2026

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