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The Trump administration is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app’s global operations, according to two people with direct knowledge of the talks, NPR reported. Under the deal now being negotiated by the White House, TikTok’s China-based owner ByteDance would retain
Dressed in ball gowns, tuxedos and “Make Bitcoin Great Again” baseball caps, a crowd of some of the country’s most powerful cryptocurrency executives gathered a few blocks from the White House for a lavish party three days before President Trump’s inauguration, toasting an incoming administration that had vowed to promote the industry’s interests, The New York Times reported. But crypto
Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company’s position against rivals OpenAI and Google in the race to dominate the technology., Reuters reported. As part of the investment, Meta will ramp up hiring for artificial intelligence roles and build a
The Verge reported: OpenAI is releasing a “research preview” of an AI agent called Operator the can “go into the web to perform tasks for you,” according to a blog post. “Using its own browser, it can look at a webpage and interact with it by typing, clicking, and scrolling,” OpenAI says. It’s launching first in the US for subscribers of OpenAI’s says. It’s launching first in the US for subscribers of OpenAI’s $200 per month ChatGPT Pro Tier.
President Trump signed an executive order on Monday seeking to hit pause on a law banning TikTok and to provide a liability shield to business partners of the popular video app, NPR reported. According to the order, the law will be paused for 75 days and companies that work with TikTok will not be liable for doing so. The text
President-elect Donald Trump and his family are using the final days before he is sworn in a the 47th president to launch a new cryptocurrency products. It isn’t welcome news to everyone in the crypto industry, Politico reported. The digital assets business is poised to be a big winner in the second Trump administration, with Republicans vowing to advance policy
TikTok has announced that, after going away for about half a day, it’s service is coming back on in the US. The Verge reported. The company posted on X that it is “in the process of restoring service” and thanked President Trump for “providing the necessary clarity to do so.” TikTok wrote: “In agreement with our service providers, TikTok is