Follow live updates on the Trump administration here. During his first term in office, President Trump described the European Union “as a foe,” established “to hurt the United States on trade.” He repeated the charge at a cabinet meeting on Wednesday, but in more vulgar terms: “The European Union was formed in order to screw … Read more
The cryptocurrency exchange Coinbase said on Friday that the Securities and Exchange Commission had agreed to drop its lawsuit against the company, lifting a legal cloud over the global crypto industry and signaling a broader retreat by federal regulators. Coinbase, in a post on its website and in a regulatory filing, said it had reached … Read more
In 2017, China watched in awe — and shock — as AlphaGo, an artificial intelligence program backed by Google, defeated a Chinese prodigy at a complex board game, Go. The decisive loss to a foreign computer program, which had similarly trounced a South Korean player, was a sort of Sputnik moment for China. That year, … Read more
The Trump family’s new crypto token surged in just two days to become one of the most valuable forms of digital currency in the world, creating the potential for a multibillion-dollar payout to the family but also generating a storm of questions about the conflicts of interest the new venture creates. President-elect Donald J. Trump … Read more
TikTok said late Friday that its service would “go dark” for its 170 million American users on Sunday because of a ban in the United States over fears that its Chinese ownership poses a threat to national security. The company said in a statement that “unfortunately TikTok will be forced to go dark on January … Read more