Government & Policy

SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time

Government & Policy /

The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal […]

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Biden admin’s final rule banning Chinese connected cars also bars robotaxi testing on U.S. roads

Government & Policy /

The U.S. Department of Commerce announced a final rule Tuesday that would ban the sale or import of connected vehicles from China and Russia due to national security concerns. The rule would also bar Chinese car companies, such as WeRide and Pony AI, from testing self-driving cars on U.S. roads.  “China is trying to dominate

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Massachusetts senator seeks to extend deadline for TikTok ban

Government & Policy /

Senatory Ed Markey (D-Mass.) is planning to introduce legislation to extend the TikTok ban deadline by 270 days. TikTok has warned of a looming shutdown in just five days, but the new legislation, officially called the Extend the TikTok Deadline Act, would give TikTok more time to divest from its Chinese parent company ByteDance, if approved by Congress. TikTok

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China is reportedly open to Elon Musk acquiring TikTok US

Government & Policy /

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk

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The CIA’s first CTO, Nand Mulchandani, prepares for the Trump administration

Government & Policy /

In April 2022, the CIA decided to swipe right on Nand Mulchandani, appointing him as its first-ever Chief Technology Officer. It was a good look for the CIA. Mulchandani, who previously served as the CTO and acting director of the Defense Department’s Joint Artificial Intelligence Center, is something of a rare breed in Washington. Before

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OpenAI presents its preferred version of AI regulation in a new ‘blueprint’

Government & Policy /

OpenAI on Monday published what it’s calling an “economic blueprint” for AI: a living document that lays out policies the company thinks it can build on with the U.S. government and its allies. The blueprint, which includes a forward from Chris Lehane, OpenAI’s VP of global affairs, asserts that the U.S. must act to attract

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Biden administration proposes sweeping new restrictions on exporting AI chips

Government & Policy /

With a week left in office, President Joe Biden introduced a new set of guidelines and restrictions for exporting U.S.-made AI chips. On Monday the administration announced its Interim Final Rule on AI diffusion. This ruling is meant to “provide clarity to allied and partner nations about how they can benefit from AI” and streamline

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Apple board opposes proposal to abolish DEI programs

Government & Policy /

Apple’s board of directors has come out in opposition to a proposal seeking to end the company’s Diversity, Equity, and Inclusion (DEI) programs.  In a proxy filing, the company said the National Center for Public Policy Research (a conservative think tank) is submitting a proposal for Apple to “consider abolishing its Inclusion & Diversity program,

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