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AI industry-backed super PAC targets New York Democrat in opening shot of midterms

Assemblymember Alex Bores from Assembly District 73 speaks on the State Capitol Wednesday, May 29, 2025, in Albany New York. Kena Betancur | AP A bipartisan super PAC launched by a slew of artificial intelligence leaders has picked its first target: a Democratic congressional candidate who helped lead an effort to put safety measures on […]

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Celestica CEO explains the company’s role in the AI boom

Technology News

Celestica CEO Rob Mionis explained how his company designs and manufactures infrastructure that enables artificial intelligence in a Tuesday interview with CNBC’s Jim Cramer. “If AI is a speeding freight train, we’re laying the tracks ahead of the freight train,” Mionis said. He pushed back against the notion that the AI boom is a bubble,

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X lawsuit vs. Apple and OpenAI stays in Fort Worth, Texas; judge suggests they move there

Technology News

A judge ordered that X and xAI’s lawsuit accusing Apple and OpenAI of trying to maintain monopolies in artificial intelligence markets must remain in federal court in Fort Worth, Texas, despite “at best minimal connections” to that geographic area by any of the companies. Judge Mark Pittman, in a sharply ironic four-page order on Thursday,

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Crypto super PAC Fairshake reports 1 million war chest

Crypto super PAC Fairshake reports $141 million war chest

Technology News

Jakub Porzycki | Nurphoto | Getty Images Fairshake, the cryptocurrency industry’s most powerful political action committee, announced Tuesday that it now holds more than $141 million in cash on hand, underscoring the sector’s growing influence as Congress takes up landmark legislation this week. The total, which includes liquid assets like crypto, stock, and cash, reflects

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OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

Finance News

OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” as the Democratic party is no longer aligned with encouraging a

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Elon Musk’s X down for tens of thousands of users

Finance News

Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters The Elon Musk-owned social media platform X experienced outages on Saturday morning, with tens of thousands of users reportedly unable to

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Jeff Bezos orders Washington Post opinion pages to support ‘personal liberties and free markets’; top editor resigns

Business News

(L-R) Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images Jeff Bezos, the

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Crypto super PAC Fairshake has 6 million on hand to grow industry’s influence in 2026 election

Crypto super PAC Fairshake has $116 million on hand to grow industry’s influence in 2026 election

Finance News

Fairshake, the super PAC bankrolled by crypto’s biggest players, announced Thursday it has $116 million in cash on hand, a war chest aimed at the 2026 midterm election cycle. The fundraising total, which includes $11 million in new contributions, cements Fairshake as one of the most influential political forces in the country. “With the midterms

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Goldman Sachs CEO Solomon says IPO market is ‘going to pick up’ along with dealmaking

Technology News

David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco

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Why Meta had to ‘bend the knee to Trump’ ahead of his inauguration

Finance News

Jakub Porzycki | Nurphoto | Getty Images Mark Zuckerberg’s announcement this week that Meta would pivot its moderation policies to allow more “free expression” was widely viewed as the company’s latest effort to appease President-elect Donald Trump. More than any of its Silicon Valley peers, Meta has taken numerous public steps to make amends with

Why Meta had to ‘bend the knee to Trump’ ahead of his inauguration Read More »

AI industry-backed super PAC targets New York Democrat in opening shot of midterms

Celestica CEO explains the company’s role in the AI boom

X lawsuit vs. Apple and OpenAI stays in Fort Worth, Texas; judge suggests they move there

Crypto super PAC Fairshake reports $141 million war chest

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

Crypto super PAC Fairshake has $116 million on hand to grow industry’s influence in 2026 election

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