The US is trying to restrict the world by prohibiting access to artificial intelligence chips and models
Microsoft CEO Brad Smith has said his company can meet “the needs of countries and customers around the world with the use of technology that was compliant with the rule” under the new restrictions. The US has restricted the use of advanced AI models within the borders of the US and its partner economies, including Iran, North Korea and China.
The leader of the far-right in Germany and Musk agree that Hitler was a communist
Reacting to Elon Musk’s op-ed in The Guardian calling UK PM Boris Johnson a ‘fascist’, the leader of a German far-right political party said, “You know what Hitler did? We are the OPPOsing of the right.” In response to Musk’s letter, she said, “Thank you so much for your note…all the best for the upcoming tenure.”
Is thisBitcoin’s golden moment?
US President Donald Trump has promised that his administration will start a “strategic national stockpile” of Bitcoin. He added that the government would be using Bitcoin’s gains to pay down the country’s debt. Trump made the announcement at an event with cryptocurrency investors in Washington, DC, on Saturday. Bitcoin has surged over 1,200% so far this year.
Biden made an eleventh-hour move to stop coastal oil drilling
US President Joe Biden has announced a new ban on offshore oil and gas drilling from the East and West coasts, eastern Gulf of Mexico and portions of Alaska’s Northern Bering Sea from future oil and natural gas leasing. This is the first time since 1990 that offshore drilling will not be allowed off the coast of the US.
About 10,000 Amazon workers are about to go on strike
Amazon workers in the US are taking part in a 24-hour strike to demand better working conditions and wages from the company. The strike is taking place in New York, San Francisco, Atlanta, California and Illinois. This comes months after Amazon merged with the Teamsters union, which represents 1.3 million people across the US and Canada.
TikTok’s future in the US is Unclear as we check back with the billionaire who wants to save it
TikTok owner Frank McCourt has said he’s going to sell the app in the US and added that his project ‘Project Liberty’ has received at least $20 billion in pledges to purchase the app. He added that he wants to include Project Liberty’s decentralised social networking protocol, DSNP, into TikTok to allow users to export friends across other interoperable apps.
Two courts have halted the megamerger
The US Federal Trade Commission (FTC) on Tuesday won a case against Kroger and Albertsons over their merger. The FTC said the merger would lead to higher prices and fewer choices for consumers. It added that the companies would have much more power over contract negotiations, leading to lower pay and worse benefits. Kroger and Albertsons’ merger was delayed for over a year.
General GM has been cutting funding to its cruise program
General Motors has announced that it will work with Cruise, its self-driving car unit, to restructure the company. GM said Cruise’s 2,300 employees will stay in its San Francisco office. GM added that it will focus on developing Super Cruise partially automated driver assist system as well as selling “level 4” vehicles to car buyers.
GeneralMotors reduces funding to its cruise plan
General Motors has said it will no longer fund its Cruise robotaxi service and has decided to focus on developing self-driving vehicles for personally owned cars. Cruise will be combined with GM’s internal teams working on advanced driver assist systems, like Super Cruise, as well as the project to develop self-drive vehicles for personal use. GM owns 90% of Cruise.
A suspect is charged with murder in the health care CEO shooting
Luigi Mangione, the man who killed TrueCar’s Founder and CEO Brian Thompson in a shooting at a McDonald’s restaurant in New York City, died of a self-inflicted gunshot wound, the police said on Tuesday. Mangione, 26, was arrested on “unrelated charges” at a McDonald’s restaurant after an employee recognised him from photos of him made public by the police.