President Donald Trump is throwing his support behind the idea of creating a federal reserve of cryptocurrency assets — he specifically mentioned XRP, Solana, and Cardano, but not Bitcoin or Ethereum. In January, Trump issued an executive order calling for the formation of a working group that would study and make recommendations around crypto policy, […]
Trump calls for creation of a ‘crypto strategic reserve’ Read More »
Billionaire investor Mark Cuban waded into the latest government tech shake-up on Saturday, posting an unexpected offer of support for newly laid-off federal workers on the social network Bluesky. His message, which quickly gained traction, urged the displaced engineers and designers to turn the upheaval to their advantage. “If you worked for 18F and got
Mark Cuban offers to fund government tech unit that was cut in the middle of the night Read More »
Almost two weeks after The New York Times reported that Airbnb co-founder Joe Gebbia had joined Elon Musk’s “Department of Government Efficiency,” Gebbia clarified his role on Thursday, announcing on X that as a starting point, he’ll be leveraging his design expertise as part of an effort to overhaul the government’s notoriously slow, paper-heavy retirement
Airbnb co-founder Joe Gebbia takes wraps off his first assignment for DOGE Read More »
The Securities and Exchange Commission issued guidance on Thursday saying it does not view most meme coins, which are crypto tokens that originated from memes, as securities under United States federal law. As a result, the SEC says it does not believe people who purchase or hold meme coins are protected by federal securities law,
SEC says meme coins are not securities Read More »
In a newly issued executive order (EO), the Trump Administration has instructed the Department of Government Efficiency (DOGE), the Elon Musk-advised initiative to reduce federal spending, to create a “centralized technological system” in every agency to record contract and grant awards. As part of the ramp-up of these systems, agency employees who approved individual contract
Trump signs executive order to expand DOGE’s spending review powers Read More »
Companies around America have started cutting DEI programs and eliminating DEI commitments from public documents in response to legal and political threats from the Trump administration. Just a few weeks ago, Attorney General Pam Bondi instructed the Department of Justice to “investigate, eliminate, and penalize,” DEI programs deemed illegal in private sector companies that receive
Here are all the tech companies rolling back DEI or still committed to it — so far Read More »
Apple will be able to resume its iPhone 16 smartphone sales in Indonesia after the two sides came to an agreement, the Industry Ministry said during a press conference Wednesday, per a Reuters report. The ban was lifted five months after Indonesia blocked the U.S. iPhone maker from selling its iPhone 16 phones in Indonesia
Indonesia, Apple reach agreement to end iPhone 16 sales ban Read More »
Amy Gleason has been named as the acting administrator of DOGE, the ostensible head of the Trump Administration team of Elon Musk advisors and associates known as the Department of Government Efficiency, TechCrunch has confirmed. The news, first reported by Semafor, is the first time the White House has confirmed who is overseeing the team
The U.K.’s antitrust authority has given the go-ahead to IBM’s planned multibillion acquisition of infrastructure software company HashiCorp. In a brief case update published today, the Competition and Markets Authority (CMA) said it had “cleared the anticipated acquisition by IBM of HashiCorp,” and it would publish the full rationale for its decision in due course.
IBM’s $6.4B HashiCorp acquisition cleared by UK Read More »
The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in line. On Monday, Apple laid out its own plans in that area: it will spend $500 billion over the next four years in areas like high-end manufacturing, engineering, and
Apple commits $500B to US manufacturing, including a new AI server facility in Houston Read More »
