US Eyes Restrictions on Chinese AI
The US government is considering limits on American companies using Chinese-made AI models, citing national security and censorship concerns. Officials...
Business
Coverage of acquisitions, investments, partnerships, IPOs, and corporate strategy.
Supreme Court Allows Texas Age Verification Law
The Supreme Court has declined to block Texas from enforcing its age verification law for mobile apps. The mandate requires...
OpenAI Proposes 5% Government Stake
OpenAI CEO Sam Altman has reportedly discussed giving the US government a 5% equity stake in the company. The proposal...
Ford Recalls Veteran Engineers After AI Quality Failures
Ford has rehired over 350 veteran engineers, internally dubbed "gray beards," to address persistent issues with its automated quality-control systems....
Visa, Mastercard, and Coinbase back new Open USD stablecoin
A consortium of over 140 companies, including Visa, Mastercard, and Coinbase, has launched Open Standard to introduce a new dollar-pegged...
Rocket Lab to Acquire Iridium for $8 Billion
Rocket Lab has entered a definitive agreement to acquire satellite communications provider Iridium in a cash and stock transaction valued...
Polestar to exit US market for new models
Polestar will stop selling new vehicle models in the US starting with the 2027 model year. The US Department of...
Apple Seeks Approval for Blacklisted Chip Supplier
Apple is lobbying the Trump administration for permission to purchase memory chips from ChangXin Memory Technologies (CXMT). The Chinese manufacturer...
Hasbro faces backlash over child voice actor contracts
The Agents of Young Performers Association (AYPA) published an open letter signed by over 1,000 people condemning contracts that require...
Google Play Store Opens to Alternative Billing
Starting June 30, developers in the US, UK, and Europe can offer alternative payment systems or link users to external...
