A key congressional committee on Wednesday advanced a bipartisan bill that aims to develop a regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry. The bill passed by the House Financial Services Committee would define when a cryptocurrency Read more…
Lindsey Graham and Elizabeth Warren, writing at The New York Times: Enough is enough. It’s time to rein in Big Tech. And we can’t do it with a law that only nibbles around the edges of the problem. Piecemeal efforts to stop abusive and dangerous practices have failed. Congress is Read more…
n 2004, Congress passed a law that established a moratorium on federal safety regulations for commercial astronauts and space tourists riding to space on new privately owned rockets and spacecraft. The idea was to allow time for new space companies to establish themselves before falling under the burden of regulations, Read more…
The era of global warming has ended and “the era of global boiling has arrived,” the UN secretary general, Antonio Guterres, has said after scientists confirmed July was on track to be the world’s hottest month on record. From a report: “Climate change is here. It is terrifying. And it Read more…
The U.S. is concealing a longstanding program that retrieves and reverse engineers unidentified flying objects, a former Air Force intelligence officer testified Wednesday to Congress. The Pentagon has denied his claims. Retired Maj. David Grusch’s highly anticipated testimony before a House Oversight subcommittee was Congress’ latest foray into the world Read more…
Some of the world’s most advanced artificial intelligence companies have formed a group to research increasingly powerful AI and establish best practices for controlling it, as public anxiety and regulatory scrutiny over the impact of the technology increases. On Wednesday, Anthropic, Google, Microsoft and OpenAI launched the Frontier Model Forum, Read more…
