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California Governor Gavin Newsom signed a landmark bill on Monday that regulates AI companion chatbots, making it the first state in the nation to require AI chatbot operators to implement safety protocols for AI companions. The law, SB 243, is designed to protect children and vulnerable users from some of the harms associated with AI…
This is not California state Senator Scott Wiener’s first attempt at addressing the dangers of AI. In 2024, Silicon Valley mounted a fierce campaign against his controversial AI safety bill, SB 1047, which would have made tech companies liable for the potential harms of their AI systems. Tech leaders warned that it would stifle America’s…
Rowland Marcus Andrade was sentenced to seven years in prison for making the cryptocurrency AML Bitcoin, which defrauded investors out of $10 million. The founder of a crypto token called AML Bitcoin has been sentenced to seven years in prison after being found guilty earlier this year of wire fraud and money laundering. The US…
California State Senator Scott Wiener on Wednesday introduced new amendments to his latest bill, SB 53, that would require the world’s largest AI companies to publish safety and security protocols and issue reports when safety incidents occur. If signed into law, California would be the first state to impose meaningful transparency requirements onto leading AI…
As Rivian starts accepting orders for its 2026 Quad-Motor pickup truck and SUV, customers may initially be enticed by the power and tricks the four motors in these rebooted EVs can unleash. After all, four motors delivering a combined 1,025 horsepower and 1,198 pound-feet of torque — and the ability to accelerate from a standstill…
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate. California has taken a step closer toward embracing crypto after a bill allowing state departments to accept digital currencies sailed through the state’s lower house with…
California is preparing to sue the federal government to recover its right to set vehicle emissions standards, Rob Bonta, the state’s attorney general, told TechCrunch in a statement. Senate Republicans voted on Thursday 51 to 44 to overturn a waiver that allowed California to set stricter air pollution standards for vehicles. The state has received…
Senate Republicans have voted 51 to 44 to overturn a waiver that allowed California to set stricter air pollution standards for vehicles. The state has received waivers more than 100 times since federal laws granted the right some 50 years ago. Sixteen other states and the District of Columbia follow California’s emissions standards, and most…
For all the turmoil these days, the U.S. stock market remains extremely attractive to investors around the world, simply because of its sheer size and liquidity. But it’s still quite difficult for investors in other parts of the globe to trade stocks on U.S. exchanges. A San Mateo-based startup called Alpaca has quietly capitalized on…
California Democrat Avelino Valencia has amended a money transmission bill to make Bitcoin and crypto rights a major focus, potentially benefitting the state’s 39.4 million residents. A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state’s nearly 40…