All posts tagged: Alphabet Class A

Dems plan Trump investigations instead of impeachment: Reuters

Dems plan Trump investigations instead of impeachment: Reuters

House Democratic Leader Hakeem Jeffries, of New York, at center, speaks as Senate Democratic Leader Chuck Schumer, of New York, listens during an event with congressional Democrats on the U.S. Senate steps, in Washington, May 21, 2026. Win McNamee | Getty Images U.S. House Democrats preparing for a possible return to power are developing a broad investigative strategy targeting companies and financial firms surrounding President Donald Trump, instead of trying to impeach him immediately, according to four people familiar with the discussions. Senior Democrats in the U.S. House of Representatives and committee aides have discussed using hearings, subpoenas and document requests to obtain records from entities tied to Trump’s political and business orbit, the sources said. It is a bet that investigating private companies and outside financial players will prove more fruitful than directly confronting a White House they expect to resist oversight, they said. The approach reflects both Democratic caution and a lesson many in the party say they learned during Trump’s first term: that impeachment proceedings can consume Congress while allowing Trump to …

Rep. Jim Jordan raises alarms over new South Korean fake news law

Rep. Jim Jordan raises alarms over new South Korean fake news law

Rep. Jim Jordan (R-OH) speaks to reporters as he arrives for a House Republican conference meeting on Capitol Hill on March, 6 2024 in Washington, DC. Kent Nishimura | Getty Images House Judiciary Committee Republicans sent a letter to the South Korea’s Media and Communications Commission on Thursday expressing their concern over recently adopted online regulations they say could allow the government to censor free speech and attack opposing viewpoints. The letter, reported first by CNBC, calls for a briefing from South Korean officials on their plans to enforce an amendment to the country’s existing data privacy law, which took effect in July and has been dubbed the “fake news” law. It allows the government to issue fines to media outlets and content publishers with more than 100,000 subscribers if they intentionally spread false information. “This amendment serves as a major threat to online speech and expression and would allow the KMCC to punish American companies and their users for exercising their constitutionally protected rights,” the lawmakers, including House Judiciary Committee Chair Jim Jordan, R-Ohio, …

White House to host AI companies to review new model-testing framework

White House to host AI companies to review new model-testing framework

US President Donald Trump (R) and Open AI CEO Sam Altman (L) react during a working lunch meeting of G7 members, partner countries, and artificial intelligence business leaders as part of the G7 summit, in Evian, eastern France, on June 17, 2026. Julia Demaree Nikhinson | Afp | Getty Images The White House will host artificial intelligence companies Tuesday to discuss a newly completed framework for reviewing the cybersecurity capabilities of the industry’s most advanced models, a White House official confirmed to CNBC. The meeting will focus on the voluntary framework President Donald Trump ordered in June, the official said, speaking on condition of anonymity to talk about the unannounced meeting. The Information first reported the planned meeting. Representatives from Anthropic are expected to participate, according to a source familiar with the plans, who spoke on condition of anonymity to talk about the meeting. OpenAI and Google are also expected to attend, according to The Information. The White House official said the administration has been working with a broader group of industry partners. Choose CNBC …

ChatGPT accounts for 80% of identifiable House AI spending

ChatGPT accounts for 80% of identifiable House AI spending

OpenAI CEO Sam Altman speaks with reporters following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn Hockstein | Reuters OpenAI is dominating the first visible wave of artificial intelligence spending inside Congress. The maker of ChatGPT accounted for roughly $9 out of every $10 spent on identifiable AI tools by House offices, committees and institutional accounts during the year ending March 31, according to a CNBC analysis of House disbursement records. The records offer only a partial view of Congress’ AI adoption because they exclude free accounts, AI bundled into broader software contracts and most Senate use. Even so, they show at least a sixth of House member offices — and likely many more — are already using AI tools as lawmakers shape the industry’s future. CNBC identified at least $113,740 in spending on named AI vendors between April 1, 2025, and March 31, 2026, the most recent data available. ChatGPT accounted for $100,580 of that total across 798 transactions — about 88% of the dollars and 96% of the transactions reviewed. Anthropic’s …

Trump defends DOJ subpoenas of NY Times reporters; Google also was targeted

Trump defends DOJ subpoenas of NY Times reporters; Google also was targeted

U.S. President Donald Trump speaks during an announcement on American nuclear innovation in the Oval Office at the White House on July 24, 2026 in Washington, DC. Eric Lee | Getty Images President Donald Trump on Friday defended his Department of Justice’s issuance of subpoenas to New York Times reporters, as it was revealed that Google also received a subpoena in the same criminal investigation of the leak of information about the president’s new Air Force One plane. Trump’s comments on the subpoenas came a day after the DOJ told a New York federal judge it was withdrawing those subpoenas for grand jury testimony by Times reporters and their phone records. The DOJ is investigating the leak of concerns about the security measures on the president’s Qatari-donated plane, which the Times wrote about earlier in July. Judge Arun Subramanian had warned prosecutors on Thursday that if they did not voluntarily withdraw the subpoenas, he would quash them. “We’re not after journalists,” Trump told reporters in the Oval Office on Friday. “We’re after leakers. We’re after …

Trump threatens EU tariffs over U.S. tech giant fines

Trump threatens EU tariffs over U.S. tech giant fines

President Donald Trump on Friday said his administration will launch a trade probe into the European Union that will cancel hefty fines levied against U.S. tech giants and likely result in a “substantial” tariff on the 27-member bloc. Trump, in a lengthy Truth Social post, accused the EU of “‘ROBBING’ American Companies and, in turn, the American Taxpayer” as he raged over its recent $1 billion fine on Google for allegedly giving search priority to its own services. “The European Union is at it again and, as usual, taking direct aim at GREAT American Companies!” Trump wrote in the post, which also railed against prior European fines against Apple, Meta and Amazon. Trump claimed the latest penalty against Google was issued “without explanation.” But the European Commission, the EU’s executive branch, said in a press release Wednesday that the fines totaling 890 million euros were due to Google’s alleged noncompliance with the bloc’s Digital Markets Act, which aims to scrutinize Big Tech’s practices. Trump claimed the EU’s behavior is “not going to continue during the Trump …

The Fed rang the alarm about Anthropic’s Mythos AI — but went without it

The Fed rang the alarm about Anthropic’s Mythos AI — but went without it

Federal Reserve Chairman Kevin Warsh testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen building on Wednesday, July 15, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images In April, the Federal Reserve and Treasury Department convened an extraordinary meeting with the CEOs of the nation’s top banks. Officials rang the alarm bell about an advanced new artificial intelligence model that could pose an unprecedented cybersecurity threat to the nation’s top financial institutions.  Anthropic, the company behind the AI model, Claude Mythos Preview, said the offering excelled at identifying weaknesses and security vulnerabilities within software. The company released it to a select group of banks and other institutions as part of a cybersecurity initiative called Project Glasswing.  For at least three months afterward, the Fed itself didn’t have access to Mythos, leaving arguably the most systemically important global financial institution vulnerable, even as other institutions began to patch their weaknesses. The Fed was still trying to get access to Mythos as …

OpenAI, Anthropic boost lobbying as legacy tech, defense spending slips

OpenAI, Anthropic boost lobbying as legacy tech, defense spending slips

A visitor watches an AI sign on an animated screen at the Mobile World Congress, the telecom industry’s biggest annual gathering, in Barcelona. Josep Lago | Afp | Getty Images OpenAI and Anthropic increased their federal lobbying spending to record levels in the second quarter of 2026 as the artificial intelligence industry poured millions into influencing Washington ahead of the midterm elections and ahead of their highly anticipated IPOs. Together, the two leading AI developers spent $3.17 million during the quarter, up 23% from the first three months of the year, according to federal lobbying disclosures. Anthropic spent $1.97 million from April through June, up 26% from the first quarter. OpenAI spent $1.2 million, an increase of nearly 18%. The companies reported lobbying on issues including cybersecurity, copyright, cloud computing and defense procurement. Monitoring lobbying spending, which companies must report quarterly to Congress, is a way to gauge which companies and industries are most active in influencing the federal government. Companies with interests in shaping legislation or regulation often ramp up their spending. Established technology …

Social media influencers Andrew and Tristan Tate arrested in Miami

Social media influencers Andrew and Tristan Tate arrested in Miami

Andrew Tate (R) and his brother Tristan (2R) speak to the media as they arrive in Romania back from U.S., in Bucharest on March 22, 2025. Self-described misogynist influencer Andrew Tate return to Romania, where he is facing rape and human trafficking charges, after a trip to the U.S. The British-American figurehead of the online masculinist movement traveled to Florida, together with his brother, last month, marking the first time he had been out of the eastern European country since his 2022 arrest. Daniel Mihailescu | Afp | Getty Images Influencer brothers Andrew and Tristan Tate, whose social media empire promoting wealth, male dominance and misogyny has made them among the world’s most polarizing internet personalities, were arrested Saturday in Miami as British authorities sought their extradition on rape and sex trafficking charges. The brothers were taken into custody by the U.S. Marshals Service on a sealed warrant, agency spokesperson Brady McCarron told The Associated Press, placing the United States at the center of an international legal saga that has stretched from Romania to Britain. …

Trump teleprompter operator suspend amid Kalshi bets probe

Trump teleprompter operator suspend amid Kalshi bets probe

President Donald Trump’s longtime teleprompter operator is under investigation by federal regulators in connection with bets they allegedly made on the prediction market platform Kalshi related to statements made by Trump. The operator allegedly made more than $90,000 in profits on the trades, but most of that money was frozen by Kalshi after the bets on the platform’s “Mentions” market were flagged as suspicious, according to the company. That market includes contracts on words or phrases that Trump will say during a scheduled speech. A person familiar with the investigation of the trades by the Commodity Futures Trading Commission, who spoke on the condition of anonymity, identified the operator as Gabriel Perez, who has handled teleprompters for Trump speeches since the 2016 presidential campaign. FILE PHOTO: Gabriel Perez checks a teleprompter before Republican presidential nominee and former U.S. President Donald Trump arrives to speak following early results from the 2024 U.S. presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida, U.S., Nov. 6, 2024. Carlos Barria | Reuters White House Press …