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The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly, per the WSJ. Chatter about making the 50-plus-year-old quarterly requirement optional has picked up steam in the past year, as companies lament the cost and burden of preparing for quarterly earnings. The requirement is…
The guests sipped prosecco and chattered away while dessert was served at the third annual Project Health Minds Gala on Thursday night in New York. The evening was winding down, but there was still one big award to give out: Humanitarian of the Year, which this year would be honoring Prince Harry and Meghan, the Duke and Duchess of Sussex, for creating…
Top tech names were on the guest list for the banquet thrown for President Trump during his second state visit to the U.K. on Wednesday. The banquet seating chart included Nvidia CEO Jensen Huang; Apple CEO Tim Cook; venture capitalist and White House AI and crypto czar David Sacks; Alphabet and Google president Ruth Porat;…
On Thursday, House Judiciary Chair Jim Jordan (R-OH) sent letters to 16 American technology firms, including Google and OpenAI, asking for past communications with the Biden administration that might suggest the former president “coerced or colluded” with companies to “censor lawful speech” in AI products. The Trump administration’s top technology advisers previously signaled it would pick…
Social media is a threat to our children. A bipartisan Congress is now stepping up to make Big Tech products safe for our children; but the social media companies are putting their incredible lobbying power behind efforts to break the momentum. U.S. Surgeon General Vivek Murthy’s May 2023 advisory warning found “ample” evidence that social media use presents…
On Tuesday, a bipartisan coalition of 41 state attorneys general established it is time to hold Big Tech accountable for the tragedy social media has created concerning our children. If the evidence supporting kids’ online safety is so strong that it can bring together states that rarely agree on anything, why are all legislative efforts stymied? The…
Elon Musk’s rebranding of Twitter is off to a rocky start. On Sunday, the eccentric billionaire announced the rebrand of the company formerly known as Twitter — which he purchased in October for $44 billion — to X. But the switch has been caught up in more hurdles for Musk and the changing platform. Musk…
Generative artificial intelligence (AI) tools are testing a provision that protected the tech industry for decades from lawsuits over third-party content. As applications like ChatGPT and rival products rise in popularity, experts and stakeholders are split on whether and how Section 230 of the Communication Decency Act — a liability shield for internet companies over third-party…
Sen. Rand Paul (R-Ken.) blocked a move Wednesday by Sen. Josh Hawley (R-Mo.) to pass his bill that would ban the embattled social media platform TikTok in the U.S., saying the legislation violated First Amendment rights. “The company has bent over backwards to work with our government,” Paul said on the Senate floor. “I will…
Five things to know about the Silicon Valley Bank collapse Regulators shut down Silicon Valley Bank on Friday, marking the biggest bank failure since the 2008 recession and sending shockwaves across the tech world. The Federal Insurance Corporation (FDIC) created a National Bank of Santa Clara to hold deposits and other assets of the failed…