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Trump administration reportedly negotiating an Oracle takeover of TikTok
<p>The Trump administration is negotiating a deal that would see Oracle take over TikTok alongside new U.S. investors, according to a report by NPR. Lawmakers passed a bill last year forcing Chinese parent company ByteDance to either sell TikTok or see it banned in the U.S. The app briefly went dark before the law took […]</p>
Rahul Patil
Jan 251 min read
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Will states lead the way on AI regulation?
<p>Last year was a busy time for lawmakers and lobbyists concerned about AI — most notably in California, where Gavin Newsom signed 18 new AI laws while also vetoing high-profile AI legislation. And 2025 could see just as much activity, especially on the state level, according to Mark Weatherford. Weatherford has, in his words, seen […]</p>
Rahul Patil
Jan 258 min read
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Paul McCartney calls on UK government to protect artists from AI
<p>Legendary musician Paul McCartney is warning against proposed changes to U.K. copyright law that would allow tech companies to freely train their models on online content unless the copyright holders actively opt out. In excerpts of an interview with the BBC, McCartney said the government needs to do more to protect musicians and other artists. […]</p>
Rahul Patil
Jan 251 min read
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AI companies upped their federal lobbying spend in 2024 amid regulatory uncertainty
<p>Companies spent significantly more lobbying AI issues at the U.S. federal level last year compared to 2023 amid regulatory uncertainty. According to data compiled by OpenSecrets, 648 companies spent on AI lobbying in 2024 versus 458 in 2023, representing a 141% year-over-year increase. Companies like Microsoft supported legislation such as the CREATE AI Act, which […]</p>
Rahul Patil
Jan 243 min read
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The EU wants to talk to US tech companies ahead of Germany’s upcoming election
<p>The European Union will give tech and social media companies a “stress test” to see how they handle misinformation ahead of Germany’s election next month. European Commission officials have invited tech companies, including X, Meta, Snap, TikTok, Google, Microsoft, and LinkedIn, to a meeting on January 31, according to multiple news outlets. During this meeting, […]</p>
Rahul Patil
Jan 242 min read
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OpenAI’s Stargate project reportedly doesn’t have the money it needs
<p>Stargate — the massive infrastructure project to build data centers for OpenAI in the U.S. — lacks a fully developed plan and hasn’t secured funding yet, according to a report from the Financial Times. Backed by OpenAI, SoftBank, Middle East AI fund MGX, and others, Stargate would funnel around $100 billion — and upward of […]</p>
Rahul Patil
Jan 241 min read
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Google commits to combating fake reviews in the UK after 5-year probe
<p>The U.K.’s antitrust regulator has reached an agreement with Google to counter the scourge of fake online reviews. The internet giant has committed to several remedies. Bogus endorsements have blighted the web since the creation of user reviews, which is why regulators around the world have been upping the ante on tech companies to put […]</p>
Rahul Patil
Jan 243 min read
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Trump orders formation of working group to evaluate crypto stockpile
<p>President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for “digital assets” — including cryptocurrencies, digital tokens, and stablecoins — and evaluate a national crypto stockpile. Ex-PayPal COO and founder of VC firm Craft Ventures David Sacks, Trump’s pick for crypto and AI “czar,” will lead the working […]</p>
Rahul Patil
Jan 233 min read
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Fitbit fined $12M over Ionic smartwatch burns
<p>Fitbit has settled with the U.S. Consumer Product Safety Commission (CPSC) over a long-standing defect that caused some wearers to sustain burns. The deal finds the Google-owned fitness company paying a $12.25 million penalty for the issues surrounding its Ionic smartwatch. The issue dates back to 2018, continuing on into 2020. Fitbit agreed to recall […]</p>
Rahul Patil
Jan 231 min read
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Trump’s not happy with how EU regulators have treated US tech giants
<p>President Donald Trump isn’t happy with how European Union regulators have treated U.S.-based tech companies, including Google, Meta, and Apple. Onstage at the World Economic Forum in Davos, Trump put EU regulators on blast. He said that the EU’s cases against these U.S. tech companies are “a form of taxation,” according to Bloomberg reporting. Trump […]</p>
Rahul Patil
Jan 231 min read
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Canoo craters and Trump comes for EVs
<p>Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! We’re just a few days into a new Trump administration, and it’s already a firehose of executive orders, declarations, and even pardons. A few have crossed into […]</p>
Rahul Patil
Jan 235 min read
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Quantum VC QDNL hits €25M first-close on new fund
<p>VC investment into quantum computing declined by 50% last year according to the “State of Quantum 2024” report, dropping from $2.2 billion in 2022 to $1.2 billion, with funds switching in favor of generative AI. However, government spending on quantum was predicted to hit $40 billion over the next decade. Now a new VC European […]</p>
Rahul Patil
Jan 232 min read
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UK probes Apple and Google over ‘mobile ecosystem’ market power
<p>The U.K.’s Competition and Markets Authority (CMA) is launching “strategic market status” (SMS) investigations into the mobile ecosystems of Apple and Google. The investigations constitute part of the new Digital Markets, Competition and Consumers (DMCC) Act that passed last year and came into effect in January. The Act includes new powers for the CMA to […]</p>
Rahul Patil
Jan 234 min read
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Trump open to Elon Musk or Larry Ellison buying TikTok
<p>President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of a joint venture with the U.S. government. Trump was asked at a press conference on Tuesday if he was open to “Elon buying TikTok.” He responded that he would be, and […]</p>
Rahul Patil
Jan 221 min read
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Trump open to Elon Musk or Larry Ellison buying TikTok
<p>President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of a joint venture with the U.S. government. Trump was asked at a press conference on Tuesday if he was open to “Elon buying TikTok.” He responded that he would be, and […]</p>
Rahul Patil
Jan 221 min read
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Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system
<p>Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let […]</p>
Rahul Patil
Jan 222 min read
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Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system
<p>Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let […]</p>
Rahul Patil
Jan 222 min read
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UK appoints ex-Amazon executive Doug Gurr as interim chair of antitrust body
<p>The U.K.’s Competition and Markets Authority (CMA) has a new interim chairman: former Amazon executive Doug Gurr (pictured above). The announcement comes as the U.K. seeks to position itself as a pro-growth, pro-tech nation by cutting red tape and bureaucracy, with artificial intelligence (AI) taking center stage. The country is also nearing the end of […]</p>
Rahul Patil
Jan 223 min read
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UK appoints ex-Amazon executive Doug Gurr as interim chair of antitrust body
<p>The U.K.’s Competition and Markets Authority (CMA) has a new interim chairman: former Amazon executive Doug Gurr (pictured above). The announcement comes as the U.K. seeks to position itself as a pro-growth, pro-tech nation by cutting red tape and bureaucracy, with artificial intelligence (AI) taking center stage. The country is also nearing the end of […]</p>
Rahul Patil
Jan 223 min read
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Trump pardons Silk Road creator Ross Ulbricht
<p>President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. In 2015, a federal […]</p>
Rahul Patil
Jan 211 min read
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