Government & Policy

Shutdown silver lining? Your IPO review comes after investors buy in

Government & Policy /

In a development born of the government shutdown, the SEC announced Thursday that companies can proceed with IPOs using an obscure automatic approval process, now with the added bonus of skipping pricing information entirely. What’s happening is that with 90% of SEC staff furloughed, startups can file their paperwork and have it automatically become effective […]

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Apple prepares to comply with Texas age assurance law, but warns of privacy risks

Government & Policy /

Apple on Thursday shared how it’s making changes to comply with a Texas state law, SB2420, which introduces age assurance requirements for app stores and app developers. Although Apple already rolled out its own age assurance technology and tools earlier this year in anticipation of a regulatory crackdown, the tech giant called out the Texas

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A break down of the H-1B changes — and why more changes could come

Government & Policy /

A few weeks ago, President Trump announced the application fee for an H-1B visa would increase to $10,000. The price tag sent shock waves through, especially the tech ecosystem, which heavily utilizes the visa to bring talent in from other countries.  On this week’s Equity, we sat down with Jeremy Neufeld, the director of immigration

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Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups

Government & Policy /

The Department of Energy is looking to cut billions more in federal funding, and many promising startups as well as automakers Ford, General Motors, and Stellantis could be affected by the Trump administration’s decision. The proposed cuts would cancel more than $500 million of contracts awarded to more than a dozen startups, according to a

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Newsom signs bill giving Uber and Lyft drivers in California the right to unionize

Government & Policy /

Drivers for ride-hailing apps like Uber and Lyft will soon have the right to unionize in California as independent contractors, thanks to a bill signed Friday by Governor Gavin Newsom. This is part of a larger deal between lawmakers, unions, and ride-hailing companies, resulting in the passage of separate bills supporting lower insurance requirements for

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Leaked doc reveals the chaotic politics behind Trump Energy Department cuts

Government & Policy /

This week, the Department of Energy canceled nearly $8 billion worth of awards — a move touted by the Trump administration as an effort to protect fossil fuels at the expense of renewables. But documents obtained by TechCrunch show that the reality is more complex than that simple message. The agency has not released a

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Department of Energy cancels $7.5B of clean energy projects in mostly blue states

Government & Policy /

The Department of Energy said Wednesday night it was canceling 321 awards worth $7.56 billion that were largely focused on clean energy. The agency hasn’t publicly released a list of the affected projects and, at the time of publication, it had not provided one to TechCrunch. According to E&E News and Heatmap, which have obtained

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Department of Energy cancels $7.5B of clean energy projects in Harris-voting states

Government & Policy /

The Department of Energy said Wednesday night it was canceling 321 awards worth $7.56 billion that were largely focused on clean energy. The agency hasn’t released a list of the 223 affected projects and, at the time of publication, it had not provided one. California Gov. Gavin Newsom said one of the canceled projects included

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Why California’s new AI safety law succeeded where SB 1047 failed

Government & Policy /

California just made history as the first state to require AI safety transparency from the biggest labs in the industry. Governor Newsom signed SB 53 into law this week, mandating that AI giants like OpenAI and Anthropic disclose, and stick to, their safety protocols. The decision is already sparking debate about whether other states will

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