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 »
Palantir co-founder and CEO Alexander Karp opens his new book with a provocative declaration: “Silicon Valley has lost its way.” Over the past decade or so, as the data analytics company rose to prominence with its work for U.S. military and intelligence, Karp has largely stayed out of the limelight. Last year, in a rare
Palantir CEO’s new book says Silicon Valley has ‘lost its way’ Read More »
The General Services Administration, the agency that manages buildings owned by the federal government, is planning to shut down its entire network of electric vehicle chargers, according to a report in The Verge. The GSA reportedly operates a network of hundreds of EV chargers with a total of 8,000 plugs that can be used to
Trump administration reportedly shutting down federal EV chargers nationwide Read More »
Two years ago, oil and gas company Occidental bought carbon capture startup Carbon Engineering. The transaction was hailed as a win-win: A climate tech company scored a significant exit, and a fossil fuel company gained a foothold in a sector that could be worth up to $150 billion by 2050. Now we have a better
The real reason why oil and gas companies are bullish on carbon capture Read More »
