Technology
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Musk losing feud to Trump, at least in terms of the value of his companies
Thursday alone wiped out approximately $150 billion of Tesla’s market valuation as Musk's personal net worth drops below $400 billion.
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Musk thanks President Trump as he leaves government service
Musk was designated a "special government employee" on Inauguration Day, which allows civilians to work for the federal government for 130 days a year. The status is expected to expire on May 30.
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Trump Media announces $2.5 billion Bitcoin deal
The deal would see the company trade $1.5 billion in stock and $1 billion in convertible notes for $2.5 billion in Bitcoin.
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Bitcoin hits new all-time high ahead of Trump cryptocurrency dinner
Bitcoin, which officially launched as a form of online currency in 2009, set its new record at around 3:30 a.m. Eastern, when it reached $111,875, per CoinDesk. Its previous record was $109,000.
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Norquist warns Europe trying to push U.S. firms out of digital economy
"This is not regulation; it’s non-tariff protectionism disguised as principle," he declared.
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Portal opens for consumers to file claims against Apple as part of $95 settlement over Siri
The settlement will be available to any person who owned a Siri-enabled iPhone or other Apple devices between Sept. 17, 2014, and Dec. 31, 2024, and "experienced an unintended Siri activation during a confidential or private communication."
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Florida congresswoman files bill to help third-party app developers access Apple’s App Store
U.S. Rep. Kat Cammack, R-Florida, introduced the App Store Freedom Act.
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Big tech giants battle over competing age verification bills
In Louisiana, for instance, a bill passed committee which would require Google and Apple to verify the age of users and confirm parental consent for anyone under age 18, which would alleviate app developers — such as Meta — of some responsibility.
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Missouri attorney general announces rule to let social media users choose their own moderators
"With this rule, Missouri becomes the first state in America to take real, enforceable action against corporate censorship," Missouri Attorney General Andrew Bailey said.
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As Trump ramps up tariffs, TikTok boosts pro-China trade content
A new study shows the social media app appears to be a vector for Chinese propaganda aimed at undercutting Trump’s trade war. The company was given an extension of time to complete a sale, but its owner, ByteDance, said that any agreement will be subject to approval under Chinese law.
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Truth Social parent company leaves Delaware for Florida
The move follows Department of Government Efficiency (DOGE) head Elon Musk battling a challenge to his compensation package as Tesla CEO in the state.
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Zuckerberg defends Facebook's acquisition of Instagram, Whatsapp, in first day of FTC trial
The trial centers on the FTC's allegations that Meta has illegally monopolized the social media market by purchasing up-and-coming apps instead of competing against them, which Zuckerberg denied.
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Technology company to manufacture AI tools worth up to $500 billion over next four years
Nvidia announced that it would be building Blackwell chips in Arizona and AI supercomputers in Texas.