President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow […]
The European Commission announced this week that it’s fining Google €2.95 billion (just under $3.5 billion). The commission found that Google had violated European Union antitrust rules by favoring its own advertising services. Specifically, the commission said Google “abused” its “dominant positions” by favoring its ad exchange AdX in both its publisher ad server and
EU fines Google $3.5B over adtech ‘abuse’ Read More »
Intel officially announced an agreement with President Donald Trump’s administration on Friday afternoon, following Trump’s statement that the government would be taking a 10% stake in the struggling chipmaker. While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds. Instead,
The Trump administration’s big Intel investment comes from already awarded grants Read More »
The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up more than 7%. Trump said Intel has agreed to the proposal. Intel declined to comment. The news comes during a pivotal — and
US government plans to take a 10% stake in Intel Read More »
During the first few months of the new Trump administration, the White House slashed cybersecurity budgets, staff, and initiatives. And some, including cybersecurity experts and legislators, are not happy about it. One of them is Colin Ahern, the chief cyber officer for the state of New York. In a recent interview with TechCrunch, Ahern said
New York state cyber chief calls out Trump for cybersecurity cuts Read More »
The Department of Government Efficiency hopes to use a new AI tool to eliminate half of the federal government’s regulatory mandates, according to The Washington Post. Citing a PowerPoint presentation dated July 1, The Post reports that the DOGE AI Deregulation Decision Tool is supposed to analyze around 200,000 federal regulations and identify the ones
DOGE has built an AI tool to slash federal regulations Read More »
The big AI companies seem to be in a celebratory mood after President Donald Trump unveiled his AI Action Plan — not surprising, perhaps, since the plan was shaped by Trump’s Silicon Valley allies. Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff, and Anthony Ha look at how the Trump administration plans to
Should Silicon Valley celebrate Trump’s AI plans? Read More »
The Trump administration, through the Department of Defense, plans to spend $1 billion over the next four years on what it calls “offensive cyber operations.” The provision in Trump’s landmark One Big Beautiful Bill does not say what those “offensive cyber operations” are, nor what specific tools or software would qualify. The budget does note
Trump administration to spend $1 billion on ‘offensive’ hacking operations Read More »
A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump. “We have a buyer for TikTok, by the way,” Trump said in a Fox News interview on Sunday morning. “I think I’ll need probably China’s approval. I think President Xi [Jinping] will probably do it.” Trump
Trump says he’s found a buyer for TikTok Read More »
A Republican effort to prevent states from enforcing their own AI regulations cleared a key procedural hurdle on Saturday. The rule, as reportedly rewritten by Senate Commerce Chair Ted Cruz in an attempt to comply with budgetary rules, would withhold federal broadband funding from states if they try to enforce AI regulations in the next
Moratorium on state AI regulation clears Senate hurdle Read More »
