Sitting beneath a portrait of Abraham Lincoln, more than two dozen of the most powerful figures in the U.S. cryptocurrency industry, together worth many billions of dollars, gathered in the White House on Friday for an audience with President Trump. When Mr. Trump entered the ornate State Dining Room after a short wait, the executives … Read more
In a sign that President Trump is following the Biden administration’s lead in reining in Google, the Justice Department on Friday reiterated its demand that a court break up the search giant. The request followed a landmark ruling last year by Judge Amit P. Mehta of the U.S. District Court for the District of Columbia … Read more
The U.S. power grid added more capacity from solar energy in 2024 than from any other source in a single year in more than two decades, according to a new industry report released on Tuesday. The data was released a day after the new U.S. energy secretary, Chris Wright, strongly criticized solar and wind energy … Read more
For a decade, Eric Schmidt ran Google as chief executive and as the “adult” in the room, mentoring the internet company’s young founders, Larry Page and Sergey Brin. In 2011, Mr. Schmidt handed control of Google back to Mr. Page. He has not taken another C.E.O. job since. But on Monday, Mr. Schmidt told employees … Read more
The social media platform X, formerly Twitter, was experiencing intermittent outages on Monday, mostly on its app, according to Downdetector, which tracks reports of problems from users on websites. The first outages on X, which Elon Musk bought for $44 billion in 2022, were reported before 6 a.m. Eastern time, after which the site and … Read more
Amazon is deepening its relationship with President Trump. Amazon Prime Video announced on Monday that multiple seasons of “The Apprentice,” the 2000s reality series that helped raise Mr. Trump’s profile on a national stage, would soon be available on the streaming service. The show’s first season, which premiered in 2004, is available on Prime Video … Read more
Consulting with a lawyer who has ties to President Trump. Reaching out to Washington lobbyists. And sitting for a jailhouse interview with Tucker Carlson. Sam Bankman-Fried, the disgraced cryptocurrency mogul who was once a top Democratic donor, has embarked on a long-shot campaign to secure a pardon from the Trump administration, six people with knowledge … Read more
Figma, a cloud-based design platform, has met with investment banks in recent weeks to discuss an initial public offering that could come as soon as this year, two people with knowledge of the matter said. In 2023, European and U.S. regulators stymied an effort by the software giant Adobe to buy Figma for $20 billion. … Read more
For SpaceX, 2025 should have been the best year yet. Elon Musk, the founder of the private space company, is one of the most influential people in the Oval Office, and President Trump has endorsed his vision of sending humans to Mars. But so far, it has not been a great year for the rocket … Read more
President Trump signed an executive order on Thursday to create a national stockpile of Bitcoin and other digital currencies, an audacious idea that has been widely criticized as a scheme to enrich crypto investors. The basis of the stockpile will be a stash of Bitcoin, estimated to be worth as much as $17 billion, that … Read more