Supreme Court to hear Texas and Florida social media cases

Lorenzo Di Cola | Nurphoto | Getty Images The Supreme Court on Friday said it will decide whether it’s constitutional for Texas and Florida to prevent social media companies from banning users over potentially harmful rhetoric. The states have both passed legislation that many Republican lawmakers say will stop tech companies including Facebook parent Meta; … Read more

Biden’s pro-competition agenda gets tested with net neutrality, trials

U.S. President Joe Biden delivers remarks prior to signing an executive order on “promoting competition in the American economy” during an event in the State Dining Room at the White House in Washington U.S., July 9, 2021. Evelyn Hockstein | Reuters Joe Biden has positioned himself as a pro-competition president, delighting progressives by installing their … Read more

Fugitive founder of 3AC crypto hedge fund arrested in Singapore

Sopa Images | Lightrocket | Getty Images Authorities have arrested crypto fugitive Su Zhu, co-founder of bankrupt digital asset hedge fund Three Arrows Capital, who was apparently attempting to flee Singapore. Liquidators handling the bankruptcy estate of the collapsed fund, known as 3AC, said in a statement on Friday that Zhu was apprehended at Changi … Read more

‘AI is transformative for the geopolitical order,’ political scientist Ian Bremmer says

Artificial Intelligence will have significant impacts on geopolitics and globalization, Ian Bremmer told CNBC. Leigh Vogel | Getty Images Entertainment | Getty Images Artificial Intelligence will have a significant impact on both geopolitics and globalization, according to Ian Bremmer, political scientist and president of the Eurasia Group. “I think that AI is transformative for the … Read more

China’s chip firms see revenue surge as Beijing seeks self-reliance

A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023.  Florence Lo | Reuters Revenue from China’s top chip equipment makers surged in the first half of the year, research released Thursday showed, as Beijing continues … Read more