Former NYC Mayor Eric Adams has come under fire after his new cryptocurrency token crashed just hours following its launch on Monday. As reported by CoinDesk, Adams’ “NYC Token” hit a $580 million market capitalization at its peak before plummeting to around $130 million at this time of writing. Data from the blockchain analysis platform, […]
The UK is bringing a law into force that makes creating nonconsensual intimate deepfake images, like the ones that have proliferated on X because of the Grok AI chatbot, a criminal offense, as reported by the BBC. “The Data Act, passed last year, made it a criminal offence to create – or request the creation […]
New York Gov. Kathy Hochul is making kids’ online safety a cornerstone of her administration, and she’s eyeing a platform that has often flown under the radar: Roblox. As progress in Congress has stagnated, states have become the primary drivers of internet reforms meant to protect kids, including age verification laws and new requirements for […]
The path forward for the Democratic party after its 2024 defeat includes less tech influence and more populist policies, according to Sen. Elizabeth Warren (D-MA). Warren delivered this message in a speech at the National Press Club in Washington, DC on Monday, where she charted a vision for the future of a party that’s still […]
This week’s Current Climate newsletter also looks at the AI boom’s water problem and stabilized funding for the California High-Speed Rail project.
The Trump administration approached Microsoft for its donation to fund the White House’s $300 million ballroom, documents released by Sen. Elizabeth Warren’s (D-MA) office reveal. In response to a Democrat-led letter questioning Big Tech’s involvement in the ballroom’s construction, Microsoft counsel Karen Christian writes that the company “was contacted by a fundraiser for the effort […]
This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on the action (and inaction) of lawmakers seeking to rein in tech platforms, follow Lauren Feiner. The Stepback arrives in our subscribers’ inboxes at 8AM ET. Opt in for The Stepback here. How it started In the […]
X is suing music publishers and their trade group, the National Music Publishers’ Association (NMPA), accusing them of attempted coercion in their ongoing battle over licensing, as reported earlier by The Hollywood Reporter. The Elon Musk-owned platform accuses music publishers of colluding with the NMPA to “coerce X into taking licenses to musical works from […]
Since X’s users started using Grok to undress women and children using deepfake images, I have been waiting for what I assumed would be inevitable: X getting booted from Apple’s and Google’s app stores. The fact that it hasn’t happened yet tells me something serious about Silicon Valley’s leadership: Tim Cook and Sundar Pichai are […]
On Thursday evening in Manhattan’s Financial District, hundreds of protesters braved the cold to protest US Immigration and Customs Enforcement (ICE), after an agent fatally shot a woman at close range on Wednesday. Earlier that day, Department of Homeland Security Secretary Kristi Noem’s visit to One World Trade Center in Lower Manhattan sparked protests outside […]