#AI companies upped their federal lobbying spend in 2024 amid regulatory uncertainty

#AI companies upped their federal lobbying spend in 2024 amid regulatory uncertainty

Companies spent significantly more lobbying AI issues at the U.S. federal level last year compared to 2023 amid regulatory uncertainty. According to data compiled by OpenSecrets, 648 companies spent on AI lobbying in 2024 versus 458 in 2023, representing a 141% year-over-year increase. Companies like Microsoft supported legislation such as the CREATE AI Act, which…

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#Trump pardons Silk Road creator Ross Ulbricht

#Trump pardons Silk Road creator Ross Ulbricht

President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. Trump’s post on Truth…

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#President Trump signs exec order to make Musk’s DOGE commission more official

#President Trump signs exec order to make Musk’s DOGE commission more official

The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts to federal agencies, could soon become more official, should an executive order signed by President Donald Trump pass legal muster. On Monday evening, Trump signed an order that renames the U.S. Digital Service (USDS), which was created in…

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#TikTok says it’s restoring service in the US

#TikTok says it’s restoring service in the US

Barely more than 12 hours after TikTok went dark in the United States, the video-sharing app is coming back online. “In agreement with our service providers, TikTok is in the process of restoring service,” the company said in a statement. “We thank President Trump for providing the necessary clarity and assurance to our service providers…

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