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President Donald Trump declared Friday that he will impose a 100% tariff on all imports from China, while also imposing export controls on “any and all critical software” from the United States. This is the latest move in what looks like an escalating trade conflict between the United States and China. In a Truth Social…
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…
Marc Benioff has long been San Francisco’s liberal-leaning billionaire, the tech executive who funded homeless services, donated to the city’s public schools, and hosted Hillary Clinton fundraisers. But in a new, wide-ranging phone interview with the New York Times from his private plane, Benioff revealed a political transformation that seemed to surprise even his own…
The U.S. Department of Homeland Security is reassigning hundreds of employees across several of its agencies to assist in the Trump administration’s broad immigration crackdown, and will dismiss staffers who refuse to comply, according to news reports. Bloomberg reported Wednesday that the department moved staffers from the U.S. cybersecurity agency CISA, many of whom focus…
The United Kingdom’s Competition and Markets Authority (CMA) on Friday designated Google with a special status in the market for online search that would enable the regulator to enforce stricter regulations. The CMA has designated Google as having “strategic market status” in the search and search advertising markets, which means the company has such “a…
In a development born of the government shutdown, the SEC announced Thursday that companies can proceed with IPOs using an obscure automatic approval process, now with the added bonus of skipping pricing information entirely. What’s happening is that with 90% of SEC staff furloughed, startups can file their paperwork and have it automatically become effective…
The Department of Energy is looking to cut billions more in federal funding, and many promising startups as well as automakers Ford, General Motors, and Stellantis could be affected by the Trump administration’s decision. The proposed cuts would cancel more than $500 million of contracts awarded to more than a dozen startups, according to a…
California has passed a new law aimed at quieting blaring advertisements on streaming platforms like Netflix, Hulu, and Prime Video, requiring commercial volumes to match the audio levels of the content being streamed. California Governor Gavin Newsom signed the law on Monday. Starting July 1, 2026, streaming services won’t be allowed to “transmit the audio…
SB 53, the AI safety and transparency bill that California Gov. Gavin Newsom signed into law this week, is proof that state regulation doesn’t have to hinder AI progress. So says Adam Billen, vice president of public policy at youth-led advocacy group Encode AI, on today’s episode of Equity. “The reality is that policy makers themselves know that we have to do something, and…
The tie between startups and the U.S. government have strengthened in recent years, a shift buoyed by an interest in using AI, automation, space, robotics, and climate tech for defense. And while that has provided another welcome path to capital, the relationship is getting complicated. A growing share of startups have the U.S. government as…