Reading List
The most recent articles from a list of feeds I subscribe to.
Trump signs the annual defense bill with provisions authorizing the president to screen and restrict US financing of Chinese tech companies (Anvee Bhutani/Wall Street Journal)
Anvee Bhutani / Wall Street Journal:
Trump signs the annual defense bill with provisions authorizing the president to screen and restrict US financing of Chinese tech companies — Trump signs annual National Defense Authorization Act into law with provisions meant to cut off capital for military and surveillance projects
Q&A with Sam Altman on OpenAI's "code red" call, enterprise strategy, product ambitions, IPO plans, ChatGPT's personalization plans, and more (Alex Kantrowitz/Big Technology)
Alex Kantrowitz / Big Technology:
Q&A with Sam Altman on OpenAI's “code red” call, enterprise strategy, product ambitions, IPO plans, ChatGPT's personalization plans, and more — OpenAI's CEO joins Big Technology for a candid discussion covering OpenAI's strategy, its product ambitions …
ByteDance Signs Deal to Divest US TikTok App
David Shepardson, reporting for Reuters:
TikTok’s Chinese owner, ByteDance, said Thursday it signed binding agreements with three major investors to form a joint venture to operate TikTok’s U.S. app led by American and global investors in a bid to avoid a U.S. government ban, a significant step toward ending years of uncertainty.
The craziest aspect of this whole saga is that TikTok has been operating illegally since Trump took office. Not some sort of nitpicking technicality. The whole point of the PAFACA act was to ban TikTok in the US until and unless they were sold to American owners. No cloud service. No app store downloads. Trump directed the Justice Department simply not to enforce the law … and the biggest companies in the world just said OK, sure.
The US Senate confirms FDIC acting chairman Travis Hill to lead the agency, which regulates stablecoin issuers and impacts how the crypto industry is banked (Jesse Hamilton/CoinDesk)
Jesse Hamilton / CoinDesk:
The US Senate confirms FDIC acting chairman Travis Hill to lead the agency, which regulates stablecoin issuers and impacts how the crypto industry is banked — In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.
The US Senate confirms Trump pick Michael Selig as chairman of the CFTC, as lawmakers consider legislation to give the agency more control over digital assets (Lydia Beyoud/Bloomberg)
Lydia Beyoud / Bloomberg:
The US Senate confirms Trump pick Michael Selig as chairman of the CFTC, as lawmakers consider legislation to give the agency more control over digital assets — The US Senate on Thursday night confirmed Michael Selig as chairman of the Commodity Futures Trading Commission and Travis Hill …