Some tech investors and executives have been trying to influence the incoming Trump administration to appoint Silicon Valley insiders for cabinet positions, The New York Times reported. Given Elon Musk’s strong relationship with Donald Trump, a significant portion of tech leaders’ persuasion efforts have been directed towards him. Friends of Musk, like Joe Lonsdale, the […]
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The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market. According to the Financial Times, the agency is looking into allegations that Microsoft imposed punitive licensing agreements to prevent customers from moving data off its platforms. Sources told FT that the FTC is
FTC reportedly begins investigating Microsoft’s cloud business practices Read More »
A first draft of a Code of Practice that will apply to providers of general-purpose AI models under the European Union’s AI Act has been published, alongside an invitation for feedback — open until November 28 — as the drafting process continues into next year, ahead of formal compliance deadlines kicking in over the coming
EU AI Act: Draft guidance for general purpose AIs shows first steps for Big AI to comply Read More »
The FBI raided the home of Polymarket CEO Shayne Coplan on Wednesday morning and seized his electronics, a company spokesperson confirmed to Axios. It’s not clear what the FBI was seeking. In particular, it’s unclear if Polymarket, Coplan, or both are the targets of an investigation. Polymarket, one of the most active prediction betting markets,
FBI raids home of Polymarket CEO Shayne Coplan Read More »
The Consumer Financial Protection Bureau (CFPB) has taken steps to place Google under formal federal supervision, a move that could subject the company to the same inspections the government imposes on major banks. According to The Washington Post, the CFPB has been in talks with Google for months about the supervision order, which hasn’t yet
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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,
What’s DOGE? Musk’s new political appointment under Trump is a crypto joke Read More »
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
Donald Trump announces Elon Musk will co-lead Department of Government Efficiency Read More »
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
NASA awards ‘sustainable’ aircraft concepts $11.5M Read More »
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
Trump expected to try to stop looming TikTok ban Read More »
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
Apple’s geoblocks on media services in EU draw consumer protection ire Read More »
