Tech Giants Brace for AI Revamp in Trump 2.0
1 month, 2 weeks ago

Tech Giants Brace for AI Revamp in Trump 2.0

Deccan Chronicle  

Silicon Valley is bracing for a vastly different relationship with the US government as Donald Trump returns to the White House with promises to undo many of his predecessor’s policies and Elon Musk poised to play an influential role. Trump may seek to preserve Biden’s recent memorandum making AI a national security priority and pressing agencies to maintain US leadership by keeping the technology that underpins it away from adversaries like China. It’s not yet clear who Trump would appoint to lead AI policy, however Vice President-elect JD Vance could play a major role, given his Silicon Valley experience. The Justice Department’s top antitrust officials including Biden appointee Jonathan Kanter will also step aside, leaving the agency in the hands of career staff until Trump’s picks take the helm. While the first Trump administration challenged some high-profile transactions, such as Visa’s move to buy fintech startup Plaid Inc., it generally took a friendlier approach, often allowing major deals to move forward with conditions.

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History of this topic

What does Big Tech hope to gain from warming up to Donald Trump?
5 days, 23 hours ago

What does Big Tech hope to gain from warming up to Donald Trump?

India Today  

NEW YORK: In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple's Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank's Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes office …

What does Big Tech hope to gain from warming up to Trump?
6 days, 4 hours ago

What does Big Tech hope to gain from warming up to Trump?

Associated Press  

NEW YORK — In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple’s Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank’s Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes …

Trump’s Antitrust Trio Heralds Big-Tech Crackdown to Continue
1 week, 4 days ago

Trump’s Antitrust Trio Heralds Big-Tech Crackdown to Continue

Live Mint  

President-elect Donald Trump’s antitrust picks are likely to take a hard-line on the tech giants, and a harder line on corporate consolidation than the average Republican. Mike Davis, a key outside adviser to the president-elect and head of anti-big tech organization Internet Accountability Project, said Trump selected “serious antitrust reformers” for the three key enforcement roles. “Biden’s antitrust law enforcers …

Tech CEOs sell out Democrats in rush to curry favor with Trump
4 weeks ago

Tech CEOs sell out Democrats in rush to curry favor with Trump

Salon  

Democrats made a strategic alliance with Silicon Valley during Barack Obama’s presidency that they would be wise to shake in the face of a second Donald Trump term. Since the Obama era, Big Tech CEOs have portrayed themselves as champions for climate action and social justice, defenders of reproductive rights and fundamental freedoms, and thus allies to Democrats and progressives. …

U.S. gathers allies to talk AI safety as Trump’s vow to undo Biden’s AI policy overshadows their work
1 month ago

U.S. gathers allies to talk AI safety as Trump’s vow to undo Biden’s AI policy overshadows their work

The Hindu  

President-elect Donald Trump has vowed to repeal President Joe Biden's signature artificial intelligence policy when he returns to the White House for a second term. Biden signed a sweeping AI executive order last year and this year formed the new AI Safety Institute at the National Institute for Standards and Technology, which is part of the Commerce Department. Trump promised …

US gathers allies to talk AI safety as Trump’s vow to undo Biden’s AI policy overshadows their work
1 month ago

US gathers allies to talk AI safety as Trump’s vow to undo Biden’s AI policy overshadows their work

Associated Press  

SAN FRANCISCO — President-elect Donald Trump has vowed to repeal President Joe Biden’s signature artificial intelligence policy when he returns to the White House for a second term. And let’s not let our ambition blind us and allow us to sleepwalk into our own undoing.” Hong Yuen Poon, deputy secretary of Singapore’s Ministry of Digital Development and Information, said that …

Will the antitrust showdown launched under Biden turn into ‘Let’s Make A Deal’ under Trump?
1 month ago

Will the antitrust showdown launched under Biden turn into ‘Let’s Make A Deal’ under Trump?

The Hindu  

The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden's administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. Given grocery prices remain a hot-button issue among consumers still feeling shell shocked from post-pandemic inflationary spikes, Allensworth believes the Trump administration …

Will the antitrust showdown launched under Biden turn into ’Let’s Make A Deal’ under Trump?
1 month ago

Will the antitrust showdown launched under Biden turn into ’Let’s Make A Deal’ under Trump?

Live Mint  

SAN FRANCISCO — The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden's administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. One of the biggest reasons underlying the anticipated pivot stems from the widespread belief that the chief architects of …

Will the antitrust showdown launched under Biden turn into ‘Let’s Make A Deal’ under Trump?
1 month ago

Will the antitrust showdown launched under Biden turn into ‘Let’s Make A Deal’ under Trump?

Associated Press  

SAN FRANCISCO — The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden’s administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. “I won’t be surprised if they find ways to reach some accommodations and we end up seeing more negotiated …

More Spyware, Fewer Rules: What Trump’s Return Means for US Cybersecurity
1 month, 1 week ago

More Spyware, Fewer Rules: What Trump’s Return Means for US Cybersecurity

Wired  

For American companies grousing about new cybersecurity rules, spyware firms eager to expand their global business, and hackers trying to break AI systems, Donald Trump’s second term as president will be a breath of fresh air. “There will be a national security focus, with a strong emphasis on protecting critical infrastructure, government networks, and key industries from cyber threats,” says …

From AI to hardware costs: Enterprise tech leaders prepare for Trump 2.0
1 month, 1 week ago

From AI to hardware costs: Enterprise tech leaders prepare for Trump 2.0

Live Mint  

With President-elect Donald Trump preparing to take office, business technology leaders say they are bracing for immediate and long-term impacts from policies he will likely institute. “The way AI affects a CIO’s job is primarily around strategic planning," said Suvajit Basu, the former CIO of Goya Foods. “The real change will be to put AI regulation back in the hands …

How Trump’s triumph will turbocharge America’s Left-leaning tech giants
1 month, 1 week ago

How Trump’s triumph will turbocharge America’s Left-leaning tech giants

The Telegraph  

The hope of an antitrust shake-up under Trump was one of the reasons for US technology stocks ticking higher following his victory on Wednesday, as bosses predict the government’s regulatory stance will soften during his administration. Andreessen said the treatment of the cryptocurrency industry by the Biden White House had been “intolerable”, while Horowitz said the US under Biden was …

Donald Trump Isn’t the Only Chaos Agent
1 month, 2 weeks ago

Donald Trump Isn’t the Only Chaos Agent

Wired  

Eight years ago, the November US election results profoundly shocked the small staff at Backchannel, the boutique tech publication I headed. If you lose your health care, or your reproductive rights, or find yourself in a deportation camp or a prison cell because of the policies of our returning president, the knowledge that AI, mixed reality, and quantum computers might …

What Donald Trump's Win Will Mean for Big Tech
54 years, 11 months ago

What Donald Trump's Win Will Mean for Big Tech

Wired  

On Wednesday, the chief executives of the leading Big Tech companies congratulated the US president-elect. Trump has shown disdain for Big Tech companies, and he’s been vocal about pursuing policies that increase the cost of doing business for Big Tech and subject them to more unfavorable regulations. And now, with Elon Musk as his biggest supporter, “this might be a …

Trump may block Google's breakup, antitrust legislation likely to take a backseat
Trending News
1 month, 2 weeks ago

Trump may block Google's breakup, antitrust legislation likely to take a backseat

Firstpost  

Trump has shown a reluctance to break up Google, despite ongoing cases brought up during Biden’s term. His comments have hinted at preferring adjustments that promote fairness rather than dismantling the tech giant entirely While Trump may ease rules around mergers, antitrust action against Big Tech isn’t vanishing completely. A softer stance on mergers While Trump may ease rules around …

Trump expected to shift course on antitrust, stop Google breakup
Trending News
1 month, 2 weeks ago

Trump expected to shift course on antitrust, stop Google breakup

The Hindu  

Donald Trump will likely dial back some of the antitrust policies pursued under the administration of President Joe Biden, potentially including a bid to break up Alphabet's Google over its dominance in online search, experts said. That gives Mr. Trump and the DOJ time to change course if they choose, said William Kovacic, a law professor at George Washington University. …

From Tesla to prison companies: These stocks are soaring off the Trump victory
1 month, 2 weeks ago

From Tesla to prison companies: These stocks are soaring off the Trump victory

CNN  

New York CNN — Former President Donald Trump’s projected return to the White House made many shareholders of publicly traded companies a lot richer on Wednesday. Thibaut Durand/Hans Lucas/AFP/Getty Images Credit card companies and banks Trump’s victory is expected to result in looser banking regulation. Meanwhile, shares of Discover Financial Services popped nearly 20% Wednesday on the expectation that its …

From Tesla to prison companies: These stocks are soaring off the Trump victory
1 month, 2 weeks ago

From Tesla to prison companies: These stocks are soaring off the Trump victory

CNN  

New York CNN — Former President Donald Trump’s projected return to the White House made many shareholders of publicly traded companies a lot richer on Wednesday. Thibaut Durand/Hans Lucas/AFP/Getty Images Credit card companies and banks Trump’s victory is expected to result in looser banking regulation. Meanwhile, shares of Discover Financial Services popped nearly 20% Wednesday on the expectation that its …

A Trump Win Could Unleash Dangerous AI
2 months ago

A Trump Win Could Unleash Dangerous AI

Wired  

If Donald Trump wins the US presidential election in November, the guardrails could come off of artificial intelligence development, even as the dangers of defective AI models grow increasingly serious. Trump’s election to a second term would dramatically reshape—and possibly cripple—efforts to protect Americans from the many dangers of poorly designed artificial intelligence, including misinformation, discrimination, and the poisoning of …

Opinion: Elon Musk and Peter Thiel backed Trump and Vance. What would their ticket do for tech?
4 months, 3 weeks ago

Opinion: Elon Musk and Peter Thiel backed Trump and Vance. What would their ticket do for tech?

LA Times  

Vance’s ascendance to vice presidential candidate on the Republican ticket, with ardent backing by tech investor and megadonor Peter Thiel, may seem improbable given the tech sector’s longstanding role in Democratic Party fundraising. Yet Thiel’s support of Vance reflects a larger backlash against the power of legacy tech firms in the United States. As some pro-tech Democrats chafe against the …

Antitrust crackdown looms over Big Tech: How Apple, Google are likely staring at break-up orders in US and EU
8 months, 4 weeks ago

Antitrust crackdown looms over Big Tech: How Apple, Google are likely staring at break-up orders in US and EU

Live Mint  

Antitrust regulators on both sides of the Atlantic are tightening their grip on Big Tech, raising the spectre of potential break-up orders for industry titans such as Apple and Alphabet's Google, as per a Reuters report. Regulators have accused companies like Apple and Google of erecting insurmountable barriers around their products, creating what is termed as "walled gardens," thus hindering …

Red-tape Wishlist: Biden’a AI executive getting backlash from tech companies and researchers alike
1 year, 1 month ago

Red-tape Wishlist: Biden’a AI executive getting backlash from tech companies and researchers alike

Firstpost  

US President Joe Biden’s Executive Order on AI is getting a lot of backlash from both, tech companies and researchers working to make AI safer. The Executive Order, AI companies believe is bringing a lot of unnecessary red-tape into the process and is very vague to be effective US President Joe Biden signed an executive order that immediately set some …

In San Francisco, Biden says AI has ‘enormous promise’ but comes with risks
1 year, 6 months ago

In San Francisco, Biden says AI has ‘enormous promise’ but comes with risks

LA Times  

President Biden joins California Gov. President Biden said Tuesday that artificial intelligence has “enormous promise” but that it also comes with risks such as fueling disinformation and job losses — dangers his administration wants to tackle. Biden, meeting in San Francisco with AI experts, researchers and advocates, said the technology is already driving “change in every part of American life, …

House panel pushes legislation targeting Big Tech’s power
3 years, 5 months ago

House panel pushes legislation targeting Big Tech’s power

Associated Press  

WASHINGTON — A House panel pushed ahead Wednesday with ambitious legislation that could curb the market power of tech giants Facebook, Google, Amazon and Apple and force them to sever their dominant platforms from their other lines of business. Many state attorneys general have pursued antitrust cases against big tech companies, and many states joined with the U.S. Justice Department …

Biden elevates energetic critic of Big Tech as top regulator
3 years, 6 months ago

Biden elevates energetic critic of Big Tech as top regulator

Associated Press  

WASHINGTON — President Joe Biden on Tuesday installed an energetic critic of Big Tech as a top federal regulator at a time when the industry is under intense pressure from Congress, regulators and state attorneys general. The selection of legal scholar Lina Khan to head the Federal Trade Commission is seen as signaling a tough stance toward tech giants Facebook, …

Big Tech’s outsized influence draws state-level pushback
3 years, 8 months ago

Big Tech’s outsized influence draws state-level pushback

Associated Press  

New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a project that would bring 25,000 jobs and $2.5 billion in construction spending to his district in Queens. “Traditional antitrust enforcement doesn’t work because Big Tech has become too big and too powerful.” Tech companies aren’t content …

For Big Tech, Biden brings a new era but no ease in scrutiny
4 years ago

For Big Tech, Biden brings a new era but no ease in scrutiny

Associated Press  

WASHINGTON — The Obama-Biden administration was a charmed era for America’s tech companies — a moment when they were lionized as innovators, hailed as job creators and largely left alone. He said he wants to see quickly crimped the social media companies’ long-held legal protections for speech on their platforms. And he singled out Facebook CEO Mark Zuckerberg for scorn, …

Big Tech shouldn’t breathe a sigh of relief over Biden
4 years, 1 month ago

Big Tech shouldn’t breathe a sigh of relief over Biden

CNN  

CNN Business — Don’t expect Joe Biden to go any easier on Big Tech than President Donald Trump has. But, policy analysts say, Biden’s approach to large tech platforms is driven by the bipartisan outcry over Silicon Valley’s dominance — and reflects how dramatically the political environment has changed for the industry since 2016. That’s the same today.” On the …

What’s ahead under Joe Biden, industry by industry
4 years, 1 month ago

What’s ahead under Joe Biden, industry by industry

Live Mint  

Now that the campaigning is over, the work begins for Joe Biden to start making good on the policy changes he promised. -- David Welch Cannabis: Biden’s win may hasten federal legalization, helping cannabis companies get more access to capital from banks and letting marijuana businesses accept credit cards and have checking accounts. -- Brendan Case Restaurants: Biden’s goal to …

Five things to know about the Big Tech antitrust report
4 years, 2 months ago

Five things to know about the Big Tech antitrust report

Associated Press  

After years of calling Big Tech too big, Democratic lawmakers are calling for Congress to rein in Facebook, Google, Amazon and Apple by breaking them up, limiting future mergers and blocking self-dealing that could hurt competitors. BYE BYE, BUY BUY BUY The report attributes the “significant and durable market power” of the companies in large part to “a high volume …

US tech giants too powerful, antitrust panel chair warns
4 years, 4 months ago

US tech giants too powerful, antitrust panel chair warns

Live Mint  

Amazon, Apple, Google and Facebook are too powerful and will likely emerge from the coronavirus pandemic even stronger, the head of a US congressional antitrust committee said Wednesday at a high-stakes hearing featuring the CEOs of the four US tech giants. "Simply put, they have too much power," Representative David Cicilline said in his opening remarks at the hearing expected …

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