Tech CEO hearings. Tougher AI and data center guardrails. Investigations of Elon Musk’s DOGE cuts. The gates are open for Democrats once they regain control of committee gavels come January after a historic win of majorities in both the House and Senate on Tuesday. “LAWYER UP,” the top Democrat on the House Oversight Committee wrote
Elon Musk’s newest political foe in Texas is extending the olive branch after the billionaire’s election bet misfired spectacularly. Newly elected Texas senator James Talarico said he was willing to work with Musk, despite the world’s richest man burning over $200 million to try and stop the state from turning blue. “Like I said, I’ll
A Democratic Congress may have less influence over markets than investors expect, an economist said. US stocks rose sharply Wednesday after Democrats won control of Congress in the midterms. The Dow jumped 3% in its best day in 18 months, the S&P 500 gained 1.6%, while the Nasdaq climbed 1.4%, as investors wagered that a
Agility Robotics is about to give Wall Street a reality check on the humanoid robot boom. The Oregon startup, whose two-legged robots carry heavy materials and sort goods in factories and warehouses, is expected to begin trading on Nasdaq on Thursday, becoming the first humanoid-focused company to go public in the US. Its financial disclosures
X is introducing a new version of its web app that it says is much faster than before, and it’s now rolling out the updated app “one country at a time” for signed-in users. “Open a profile on X.com over a slow connection,” principal engineer Yagiz Nizipli said in a blog post about the changes.
“The harm in this matter is difficult to overstate,” wrote a New Mexico judge who ordered tech giant Meta to pay one of the largest data privacy case penalties in American history. The US$25 billion fine came in a case about how Trump campaign firm Cambridge Analytica deceptively used data from Facebook users without their
