Government & Policy

What’s DOGE? Musk’s new political appointment under Trump is a crypto joke

Government & Policy /

President-elect Donald Trump announced on Tuesday that one of his top donors, Elon Musk, will co-lead the newly created Department of Government Efficiency, or DOGE. It’s a not-even-thinly-veiled nod to the popular Doge meme, depicting a cute Shiba Inu, which is also the inspiration behind the meme cryptocurrency Dogecoin. The commission, which will advise Trump, […]

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Donald Trump announces Elon Musk will co-lead Department of Government Efficiency

Government & Policy /

President-elect Donald Trump announced on Tuesday that Elon Musk will co-lead the Department of Government Efficiency, the acronym of which spells out DOGE, Musk’s favorite cryptocurrency. The CEO of Tesla, SpaceX, xAI, Neuralink, and owner of X, will lead the department alongside biotech entrepreneur and former presidential hopeful, Vivek Ramaswamy, to pave the way for

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NASA awards ‘sustainable’ aircraft concepts $11.5M

Government & Policy /

The future of aircraft may look very similar to today’s superficially — but under the hood (or sitting next to the tailfins) they will likely be quite different. That’s the future NASA is hoping to nurture with five research awards worth $11.5 million. The Advanced Aircraft Concepts for Environmental Sustainability 2050 (AACES) program is an

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Trump expected to try to stop looming TikTok ban

Government & Policy /

President-elect Donald Trump will try to prevent TikTok from getting banned in the United States, The Washington Post reported on Tuesday. During his campaign, Trump promised voters that he would save the popular social media app if elected. Former Trump adviser and campaign manager Kellyanne Conway told the Post that the president-elect “appreciates the breadth and

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Apple’s geoblocks on media services in EU draw consumer protection ire

Government & Policy /

Apple’s pile of regulatory woes in the European Union has ticked up again: the iPhone maker is being accused of unlawfully discriminating against consumers by applying restrictions on how several of its media services can be accessed around the bloc. Consumer protection authorities in three EU Member States have been investigating the geoblocking measures (access

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FTX bankruptcy estate sues Anthony Scaramucci, FWD.us, others

Government & Policy /

Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations including Crypto.com and the Mark Zuckerberg-backed lobbying group Fwd.us. These lawsuits are an attempt to claw back money for FTX’s creditors following the company’s collapse. FTX claims that the money targeted in these suits

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Anthropic teams up with Palantir and AWS to sell its AI to defense customers

Government & Policy /

Anthropic today announced it’s teaming up with Palantir, the data-mining company, and Amazon Web Services (AWS) to provide U.S. intelligence and defense agencies access to Anthropic’s Claude family of AI models. The news comes as a growing number of AI vendors, for strategic and revenue-related reasons, look to ink deals with U.S. defense customers. Meta

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‘Prediction markets’ set to pay out $450M to election bettors

Government & Policy /

Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online betting sites, says Reuters. As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race.  Talking with

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