Donald Trump

Silicon Valley hitters take over Trump transition team: “a dozen Musk allies”

About a “dozen Musk allies” have put a pin in their daily routines to serve as unofficial advisers to the Trump transition effort, says the New York Times.  Among them, reports the outlet: Jared Birchall, the head of Elon Musk’s family office, has interviewed a few candidates for jobs at the State Department; Marc Andreessen […]

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Elon Musk donated more than $260 million to elect Donald Trump

Fresh campaign financing data shows that Elon Musk poured more than $260 million into political groups in 2024 that helped Donald Trump win the presidential election and, consequently, secured a position for himself as the co-head of government efficiency, according to the Federal Election Commission. The New York Times reported that Musk and the entities he

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Ex-PayPal COO David Sacks is Trump’s new crypto and AI ‘czar’

Incoming President Donald Trump has a new crypto and AI “czar”: ex-PayPal COO David Sacks. Trump announced Sacks’ appointment Thursday in a post on Truth Social, Trump’s social networking platform. “[Sacks] will work on a legal framework so the Crypto [sic] industry has the clarity it has been asking for, and can thrive in the

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LinkedIn co-founder Reid Hoffman warns against Elon Musk’s ‘conflict of interest’ in setting AI policies

Reid Hoffman, co-founder at LinkedIn and Inflection AI, shared his expectations for the incoming Trump administration in an opinion piece for the Financial Times. And while he appears hopeful that President-Elect Donald Trump could clear the way for more competition and faster innovation in the technology industry, Hoffman also expressed concerns around Trump providing certain

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Trump’s FCC pick has said he wants to ban TikTok, challenge Section 230

Though president-elect Donald Trump has been expected to stop the looming ban on TikTok, his political appointments suggest otherwise. Trump announced on Sunday that he selected Brendan Carr to chair the Federal Communications Commission (FCC), which regulates the internet, news media, and other forms of communication. Carr, whom Trump appointed to the FCC in 2017,

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Tech leaders recommend colleagues for Trump’s cabinet

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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Trump expected to try to stop looming TikTok ban

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

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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