Judge wrestles with far-reaching remedy proposals in US antitrust case against Google
WASHINGTON (AP) — The fate and fortunes of one of the world’s most powerful tech companies is now in the hands of a U.S. judge wrestling with whether to impose far-reaching changes upon Google in the wake of its dominant search engine being declared an illegal monopoly. U.S. District Judge Amit Mehta heard closing arguments Friday from Justice Department lawyers who argued that a radical shake-up is needed to promote a free and fair market. Their proposed remedies include a ban on Google paying to lock its search engine in as the default on smart devices and an order requiring the company to sell its Chrome browser.
Think your return to the office was rough? Musk faces some big challenges
NEW YORK (AP) — Elon Musk is leaving Washington after a short but turbulent stint in government and getting back to his numerous businesses, each with their own set of issues for the billionaire to address. While how much Musk accomplished in his role as President Donald Trump’s chief cost-cutter is up for debate, it’s clear his association with right-wing politics damaged Tesla’s brand and tanked sales. Musk’s social media platform X, formerly Twitter, needs to rebuild its advertising base. His aerospace company SpaceX appears to be financially promising but has seen some recent setbacks. And it’s unclear if his satellite business Starlink can keep striking deals without Trump nearby.
States are rolling out red carpets for data centers. But some lawmakers are pushing back
HARRISBURG, Pa. (AP) — The explosive growth of the data centers needed to power America’s fast-rising demand for artificial intelligence and cloud computing has spurred states to dangle incentives in hopes of landing an economic bonanza. It’s also eliciting pushback in places where an influx of data centers has caused friction with neighboring communities. Activity in state legislatures — and competition for data centers — has been brisk. Many states are offering financial incentives or tax breaks worth tens of millions of dollars. In some cases, those incentives are winning approval only after a fight or efforts to attach riders that require data centers to pay for their own electricity or meet energy efficiency standards.
US supercomputer named after Nobel laureate Jennifer Doudna to power AI and scientific research
BERKELEY, Calif. (AP) — A new supercomputer named after a winner of the Nobel Prize in chemistry will help power artificial intelligence technology and scientific discoveries from a perch in the hills above the University of California, Berkeley, federal officials said Thursday. U.S. Energy Secretary Chris Wright is scheduled to announce the project Thursday alongside executives from computer maker Dell Technologies and chipmaker Nvidia. The new computing system at the Lawrence Berkeley National Laboratory will be called Doudna after Berkeley professor and biochemist Jennifer Doudna, who won a Nobel in 2020 for her work on the gene-editing technology CRISPR. It’s due to switch on next year.
Czech justice minister resigns over a donated bitcoin scandal
PRAGUE (AP) — Czech Republic Justice Minister Pavel Blažek has resigned from his post over a bitcoin-related scandal. Blažek has been under fire from the opposition after his ministry accepted a donation of bitcoins and sold them for about 1 billion Czech koruna or more than $45 million earlier this year. Blažek said Friday that he wasn’t aware of any wrongdoing. The bitcoins were donated to the ministry by a person who was previously convicted of drug dealing and other crimes and it wasn’t clear where the bitcoins came from. The opposition has accused Blažek of possible money laundering. Police are investigating.
Crypto crime spills over from behind the screen to real-life violence
HARTFORD, Conn. (AP) — An alleged kidnapping in New York is the latest instance in which authorities say cryptocurrency-related crimes have involved real-world violence. Kidnappings for ransom in France have rattled the crypto industry there, including one where a crypto entrepreneur’s father had a finger cut off. Experts believe the increase in violence could be linked to cryptocurrencies’ surging values, violent groups adding crypto thefts to their repertoire and the ease of shielding your identity in crypto transactions. “Things that might clearly be outside of social norms in other spaces — like robbing a bank — are somehow just part of the game here,” said John Griffin, a finance professor at the University of Texas in Austin.
CEO pay rose nearly 10% in 2024 as stock prices and profits soared
NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply. The increase for those who occupy the corner office again outpaced the wage gains for the median worker at their company. At half the companies in AP’s annual pay survey, it would take the worker at the middle of the company’s pay scale 192 years to make what the CEO did in one. Rick Smith, the founder and CEO of Axon Enterprises, the maker of Tasers, topped the survey with a pay package valued at $164 million.
Elon Musk came to Washington wielding a chain saw. He leaves behind upheaval and unmet expectations
WASHINGTON (AP) — Elon Musk arrived in the nation’s capital with the chain saw-wielding swagger of a tech titan who had never met a problem he couldn’t solve with lots of money, long hours or a well-calibrated algorithm. Now that’s over. Musk said this week that he’s leaving his job as a senior adviser, an announcement that came after he revealed his plan to curtail political donations and he criticized the centerpiece of Trump’s legislative agenda. It’s a quiet exit after a turbulent entrance, and he’s trailed by upheaval and unmet expectations.
Big Ocean breaks new ground as K-pop’s first deaf group
SEOUL, South Korea (AP) — Big Ocean, the world’s first K-pop group composed entirely of deaf and hard-of-hearing artists, is breaking barriers with high-tech tools and inclusive performances. Since debuting in 2024, the trio has toured Europe while promoting their second mini-album, “Underwater.” Using vibrating smartwatches, visual metronomes, and AI voice tech, they stay in sync while overcoming visual and audio challenges onstage. Their global fanbase, PADO, has embraced their mission—some even learning sign language to connect. The group hopes to collaborate with stars like Justin Bieber and continues to champion inclusion in K-pop.
Texas lawmakers fail to pass ban on social media for those under 18
AUSTIN, Texas (AP) — A push in Texas to ban children under 18 years old from social media platforms has failed at the state Capitol. Lawmakers on Wednesday night did not take a key vote on creating one of the nation’s toughest restrictions aimed at keeping minors off the platforms. The bill aimed to go further than Florida’s ban on social media for minors under 14. The bill was opposed by tech trade groups and critics who called it it an unconstitutional limit on free speech. The sponsor of the measure blamed pushback from unnamed “billionaires” as a key reason for its failure.