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Lina Khan is out of the government, but she hasn’t given up her crusade against big tech. The former Federal Trade Commission chair has written an opinion piece for The New York Times suggesting the success of China’s artificial intelligence firm DeepSeek is a sign that “there isn’t enough competition” in the tech industry. Perhaps Lina Khan is living on a different planet. In the U.S., aside from ChatGPT parent OpenAI, Elon Musk’s xAI, Anthropic, Meta Platforms, Google and Amazon have each developed their.
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The Information
Sources tell WIRED that the ability of DOGE's Marko Elez to alter code controlling trillions in federal spending was rescinded days after US Treasury and White House officials said it didn't exist. Read more ›
6,464 fresh
Huawei’s revenue hit $118.3 billion in 2024, a 22% year-over-year increase amid US sanctions. Consumer business and smart car solutions drive impressive performance. Profit margins show pressure from R&D investments. Chinese tech giant Huawei shattered market expectations on Wednesday, announcing a staggering 860 billion yuan ($118.3 billion) in revenue for 2024 – its fastest growth... Read more » Read more ›
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Some evangelical leaders are pushing back against President Donald Trump's push to dismantle USAID and cut foreign aid. Read more ›
2,237 fresh
USAID faces a slashing of its workforce to 290 employees. A lawsuit filed Thursday seeks injunctive relief to halt the cuts. Read more ›
2,205 fresh
The US government’s primary foreign aid organization is losing the vast majority of its staff, forcing the agency's lifesaving work to screech to a halt. Read more ›
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Marko Elez â the 25-year-old Department of Government Efficiency (DOGE) staffer who has reportedly been combing through the Treasury Departmentâs payment systems â resigned from his position after the Wall Street Journal uncovered an old social media account linked to him with numerous posts promoting racism and eugenics. â99% of Indian H1Bs will be replaced […] Read more ›
1,790 fresh
The company is leaning into hybrids and EVs that incorporate small gas engines that extend their range. Read more ›
1,664 fresh
It's not yet clear what Elon Musk and DOGE will be doing. But Ted Cruz, the head of the Senate committee overseeing the FAA, is on board. Read more ›
1,538 fresh
The massive insurer hired a lawfirm that specializes in defamation to force a public apology from a doctor in Texas following a post on social media. Read more ›
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Elon Musk’s Department of Government Efficiency is moving fast and breaking the law — lots of laws. The scope of Trump and Musk’s sweeping effort to purge the federal workforce and slash government spending has shocked the political world — in part for its ambition, but also in part because of its disregard for the […] Read more ›
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E-commerce group anticipates $2.1bn blow to revenues from an ‘unusually large’ hit from strong dollar Read more ›
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Experts question whether Edward Coristine, a DOGE staffer who has gone by “Big Balls” online, would pass the background check typically required for access to sensitive US government systems. Read more ›
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Elon Musk has no access to the Treasury's tax and Social Security data, a government lawyer said. Treasury agreed to keep it that way. Read more ›
1,058 fresh
The US government has ordered states to retract their plans to build hundreds of federally funded EV charging stations, according to a memo obtained by WIRED. Read more ›
1,035 fresh
Trump's order targeted "radical gender ideology" in the US military. Advocates and troops are bracing for a harsh ban without regard to readiness. Read more ›
937 fresh
Rep. Alexandria Ocasio-Cortez won plaudits from critics for saying her congressional salary is her only income and she doesn't trade stocks. Read more ›
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Old ICE press releases have a little piece of new HTML that’s doing a lot of work. Read more ›
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Watch the fan-beloved animated show online or streaming on Disney+. Read more ›
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The Information
Texas Republican Gov. Greg Abbott has banned the use of the Chinese AI software Deepseek on government-owned devices to protect the state’s critical data, intellectual property, and other assets from being accessed by the Chinese government, his office said in a statement. The Texas ... Read more ›
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Lina Khan is out of the government, but she hasn’t given up her crusade against big tech. The former Federal Trade Commission chair has written an opinion piece for The New York Times suggesting the success of China’s artificial intelligence firm DeepSeek is a sign that “there isn’t enough competition” in the tech industry. Perhaps Lina Khan is living on a different planet. In the U.S., aside from ChatGPT parent... Read more ›
34
Hugging Face, a repository for open-source artificial intelligence, has laid off about 10 people from its sales team, according to a person with direct knowledge of the cuts. That’s around 4% of the 250-person company. The cuts impacted Hugging Face’s consulting business, “Expert Support ... Read more ›
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The tech industry’s project to build out artificial intelligence is proving even more capital intensive than the peak of the last investment supercycle by oil and gas firms in the mid-2010s. Microsoft, Meta Platforms, Amazon and Alphabet spent an estimated average of 17.2% of their revenues on capital expenditures in 2024, up from 12.7% in 2021, with the figure expected to rise further in 2025. Read more ›
22
When selecting the venue for next weekend’s Super Bowl between the Kansas City Chiefs and Philadelphia Eagles, the NFL went with a traditional choice: New Orleans. It’ll be the 11th time the Big Easy has hosted the Big Game, tying it with Miami for hosting the most Super Bowls ever. Recently, however, the world’s richest professional sports league has hinted it may be ready to dispense with tradition: A Super... Read more ›
16
Republican Senator Bill Hagerty on Tuesday introduced a bill to create a regulatory framework on stablecoins, representing the first push in Congress to pass a crypto legislation under the new Trump administration. Stablecoins—crypto tokens pegged to dollars and backed by U.S. treasuries and ... Read more ›
14
Is Mark Zuckerberg auditioning for the role of Elon Musk’s Mini-Me? We’re kidding, but it is uncanny how much Zuckerberg seems to be following Musk’s lead lately. In the latest example, The Wall Street Journal reported on Friday that Meta Platforms is considering moving its legal incorporation to Texas, out of Delaware, just as Tesla did last year. This follows Zuckerberg’s recent decision to adopt a “community notes” feature for... Read more ›
14
Paid subscribers to ChatGPT nearly tripled to 15.5 million last year from 5.8 million a year earlier, OpenAI recently told some shareholders, despite competition from chatbots made by Google, Anthropic and Meta Platforms. Based on what OpenAI charges for the chatbot subscriptions, the increase means ChatGPT was likely generating at least $4 billion in annualized revenue around the end of last year, or $333 million per month, just two years... Read more ›
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SoftBank said on Monday it would spend $3 billion per year on technology from OpenAI for itself and its affiliates, including electronic payment service PayPay and chip designer Arm, of which it is the majority owner. The Japanese telecom conglomerate and OpenAI said they will also ... Read more ›
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As Meta Platforms sets about turning its massive investment in artificial intelligence into ways to make money, it’s asking ad agencies for help. Meta has been sending its engineers to work with ad agencies on developing AI tools designed to do everything from tweaking videos and static images in ads to evaluating the effectiveness of such images in ads, ad agency executives said. Read more ›
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Most popular sources
Gizmodo
|
36% 15 |
Business Insider
|
13% 2 |
Wired
|
12% 5 |
Tech Wire Asia
|
9% 6 |
Vox
|
6% 2 |
| View sources » | |
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06.02.2025 22:44
Last update: 22:35 EDT.
News rating updated: 05:31.
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