AI
OpenAI and Amazon Sign $38 Billion Deal for AI Computing Power
OpenAI signed a $38 billion deal with Amazon to access massive computing power through AWS, reducing its reliance on Microsoft.
Social Media
China Says it Will Work with U.S. to Resolve Issues Related to TikTok
Trump and Xi Jinping met but did not finalize an expected deal on TikTok's ownership, leaving the app's fate in the U.S. uncertain.
China
U.S. Government Helped U.S. Firms Sell Tech Used for Surveillance in China: AP
Tech companies have successfully lobbied against restrictions on selling advanced technology to China despite national security and human rights concerns.
Social Media
EU Accuses Meta and TikTok of Breaching Transparency Rules
The European Union says Meta and TikTok have breached transparency obligations under the Digital Services Act.
Data Center
Group Including Nvidia, BlackRock Buying Aligned Data Centers in $40 Billion Deal
The acquisition comes amid a flurry of recent deals involving top AI developers for electricity and infrastructure needed to support AI data centers.
Social Media
Instagram Says It's Limiting Teens to PG-13 Content
Meta announced that Instagram will restrict teenagers to PG-13 content by default, requiring parental permission to change settings.
AVs
Tesla Hit With Probe After Crashes Involving Self-Driving Feature Musk Boasted About
Federal regulators are investigating dozens of incidents in which the Teslas ran red lights or drove on the wrong side of the road.
Briefs
Verizon Teams With AST SpaceMobile on Space-Based Cellular Service
Verizon has signed a deal with AST SpaceMobile to provide cellular service from space beginning next year.
Free Speech
CBS Buys The Free Press Website, Installs Founder Bari Weiss as CBS News Editor-in-chief
Some at CBS News worry the move signals a shift toward coverage more friendly to President Donald Trump.
Energy
Fears of Massive Battery Fires Spark Local Opposition to Energy Storage Projects
Despite assurances of safety from proponents, some places in New York are enacting moratoriums on these systems.
AI
California Gov. Gavin Newsom Signs Landmark Bill Creating AI Safety Measures
The law requires AI companies to disclose safety protocols for their most advanced models and report safety incidents to the state within 15 days.
Data Center
Private Equity Sees Profits in Power Utilities as Big Tech Seeks More Energy
Private investment firms that are helping finance America’s AI race and the huge buildout of energy-hungry data centers are getting interested in the utilities that deliver electricity.
FTC
Amazon to Pay $2.5 billion to Settle FTC Allegations it Duped Customers
Amazon settled with the FTC after being accused of tricking customers into Prime memberships and making them hard to cancel.
Social Media
Chair of House China Committee Demands Urgent White House Briefing on TikTok Deal
The request by John Moolenaar, Chairman of Select Committee on the Chinese Community Party, comes after Trump signed an executive order supporting the arrangement.
Social Media
Framework Deal on TikTok Reached Between U.S. and China: Sec. Bessent
Bessent says the objective of the deal would be to switch to U.S. ownership; Trump and Xi to speak Friday, possibly to finalize the deal.
Social Media
FTC Launches Inquiry Into AI Chatbots Acting as Companions and Their Effects on Children
The FTC said Thursday it sent letters to tech companies to understand what steps companies have taken to evaluate the safety of their chatbots when acting as companions.
