All posts tagged: Adobe Inc

Trump was big on tech stocks in early 2026, filings show

Trump was big on tech stocks in early 2026, filings show

President Donald Trump speaks during a law enforcement leaders dinner celebrating the start of National Police Week in the Rose Garden at The White House in Washington, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars — including large purchases and sales of tech giants Nvidia, Microsoft, Amazon and Meta — in the first three months of 2026, new disclosure forms reveal. Trump’s filings with the U.S. Office of Government Ethics show more than 3,700 transactions, with the total amount for each listed as a range rather than an exact figure. The transactions, which became public on Thursday, are valued at between $220 million and $750 million cumulatively, according to Reuters. Trump’s biggest purchases and sales skewed toward the tech sector, the filings showed. Among three dozen transactions valued between $1 million and $5 million in the first quarter of 2026, Trump bought securities of ServiceNow, Nvidia, Adobe, Microsoft, Oracle, Broadcom, Motorola, Amazon, Texas Instruments and Dell, the filings show. …

Senators tell ByteDance to ‘immediately shut down’ Seedance AI video app

Senators tell ByteDance to ‘immediately shut down’ Seedance AI video app

Jonathan Raa | Nurphoto | Getty Images Sens. Marsha Blackburn and Peter Welch are calling for a halt to the new version of ByteDance’s artificial intelligence app, Seedance, which generates videos of real people and licensed characters, raising copyright and intellectual property concerns. Seedance 2.0 “is the most glaring example of copyright infringement from a ByteDance product to date, and you must immediately shut down Seedance and implement meaningful safeguards to prevent further infringing outputs,” Blackburn, R-Tenn., and Welch, D-Vt., wrote in a letter to ByteDance CEO Liang Rubo that was first obtained by CNBC. Their letter is a sign of growing concerns on Capitol Hill about how AI companies are developing and using their models and whether proper protections are in place for those who generate the materials the models train from. “Responsible global companies follow the law and respect core economic rights, including intellectual property and personal likeness protections,” Blackburn and Welch wrote. They cited examples of Seedance 2.0 creations, made after the platform went live Feb. 12, that included actors Tom Cruise and Brad …