Crypto
Bitcoin Soars to New All-Time High as US Lawmakers Focus on Pro-Crypto Legislation
Bitcoin has hit a new all-time high, surpassing $123,000 on Monday.
Associated Press
The Associated Press is a not-for-profit news agency based in New York City. Established in 1846, it is one of the world’s leading news agencies. It has earned more than 50 Pulitzer Prizes.
AI
EU Unveils AI Code of Practice to Help Businesses Comply with Bloc’s Rules
EU code is voluntary, and complements the EU's AI Act
Supreme Court
Supreme Court Clears the Way for Trump's Plans to Downsize the Federal Workforce
The high court action continued a remarkable winning streak for Trump
AI
How a GOP Rift Over Tech Regulation Doomed a Ban on State AI Laws in Trump's Tax Bill
'I think everyone in the conservative movement agrees we need to beat China.... I just think we have different prescriptions for doing so.'
Donald Trump
Trump Signs His Tax and Spending Cut Bill at the White House July 4 Picnic
The legislation amounts to a repudiation of the agendas of the past two Democratic presidents, including Joe Biden’s tax credits for renewable energy.
Congress
House Gives Final Approval to Trump's Big Tax Bill and Sends it to Him to Sign
The bill will become a defining measure of Trump's return to the White House
Justice Department
U.S. Judge Says Huawei Must Face Criminal Case for Racketeering and Other Charges
In January 2019, the U.S. Justice Department accused Huawei of using a Hong Kong shell company called Skycom to sell equipment to Iran in violation of U.S. sanctions.
Advanced Energy
Senate GOP Removes Tax on Solar and Wind Energy but Dismantles Climate Law Passed by Democrats
Clean energy advocates were deeply disappointed by the bill
Donald Trump
Senate Passes Trump's Big Tax Breaks and Spending Cuts Bill
Vice President JD Vance broke a 50-50 tie, with 3 Republican senators joining all Democrats in voting against the measure.
Congress
Senate Spent 16 Hours to Read Trump's 940-Page, Foot-high Bill Aloud
Now the long debate begins: Renewed pressure to oppose the bill came from Elon Musk, who criticized it as 'utterly insane and destructive.'
Social Media
Tech Industry Group Sues Arkansas Over New Social Media Laws
The measure also would require social media companies to ensure their platform 'does not engage in practices to evoke any addiction or compulsive behavior.'
Free Speech
Supreme Court Upholds Texas Law Aimed at Blocking Kids from Seeing Pornography Online
Article about Supreme Court decision includes explainer about age verification laws generally
Copyright
Judge Dismisses Authors' Copyright Lawsuit Against Meta Over AI Training
Although Meta prevailed in its request to dismiss the case, it could turn out to be a pyrrhic victory
Meta
Anthropic Wins Ruling on AI Training in Copyright Lawsuit
But must face trial on pirated books
EVs
Would You Hail a 'Robotaxi'? Musk Bets Cabs Will Give Tesla a Lift After Boycotts
Musk vowed service will quickly spread to other cities, reaching hundreds of thousands of vehicles by next year
Mid East
Internet Outage in Much of Gaza Disrupts Humanitarian Operations, Deepens Isolation
The Gaza Strip has experienced at least 10 communications partial and full outages since the war began in October 2023.
