Sriram Krishnan, senior policy adviser for artificial intelligence at the White House, is departing the Trump administration at the end of June after 18 months shaping US AI policy from inside the executive branch. Krishnan, a former product leader at Microsoft, Twitter, Facebook, and Snap, and most recently a partner at Andreessen Horowitz, was among […]
US embassy came out against UK’s proposed under-16 social media ban, which would affect American firms
White House displeasure over the prospect of an under-16 social media ban will not deter the UK from cracking down on tech platforms, the British government has said.
The technology secretary, Liz Kendall, told the Guardian she was not concerned “in the slightest” by the Trump administration’s intervention in the debate over restrictions, after the US embassy in London posted a notice warning against a ban.
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The White House's intervention highlights the fragile geopolitical balance, impacting market perceptions of regional stability and peace prospects.
The post White House halts Israeli airstrikes on Iran, averting escalation appeared first on Crypto Briefing.
The expanded partnership accelerates enterprise AI integration, enhancing governance and operational efficiency, crucial for digital transformation.
The post Microsoft and KPMG extend global tie-up to power agentic AI for enterprises appeared first on Crypto Briefing.
Microsoft AI head Mustafa Suleyman is walking back his statement about AI automating jobs done by white-collar workers, including lawyers, accountants, and project managers. During an episode of Decoder on Monday, Suleyman says he meant AI will help these workers complete tasks, rather than do their jobs:
Sending an email, having a conversation with a colleague, putting together a PowerPoint - sub-tasks will increasingly become digitized, automated, and we can basically generate more and more of them. That does not necessarily mean that the role goes away at all. It just means that the work can be done faster and more efficiently, which is …
Read the full story at The Verge.
A US federal judge has ruled that the Trump administration’s $100,000 fee on new H-1B visa petitions was unlawful, giving technology companies temporary relief from a policy that threatened to raise the cost of hiring foreign skilled workers.
The decision removes, at least for now, a major cost burden for employers that use the H-1B program to fill roles in domains including software development, cloud computing, data science, and AI.
US District Judge Leo Sorokin in Boston found that the fee functioned as a tax that the administration did not have authority to impose without congressional approval. The ruling came in a lawsuit brought by 20 Democratic state attorneys general challenging the fee.
Standard employer costs for H-1B petitions typically range from about $2,000 to $5,000, making the proposed $100,000 payment a sharp increase for companies seeking foreign talent.
The ruling is unlikely to end uncertainty for employers, with the Trump administration expected to appeal. But it
Phinergy's collaboration with tech giants could revolutionize sustainable energy solutions, potentially transforming data center power systems globally.
The post Phinergy partners with Google, Microsoft for clean backup power systems appeared first on Crypto Briefing.
Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived a major question: was last Friday’s drop to $59,000 the bottom for BTC? Seeking to answer that, market analyst Ali Martinez released a new technical note on X (formerly Twitter), arguing that Bitcoin appears poised to reach a market bottom while a “major macro accumulation cycle” begins to form. Why The Sell-off Could Signal A Bottom In Martinez’s view, BTC’s decline to its lowest level since 2024 served as an important cleansing function for the market—effectively shaking out “overleveraged premiums” across the board. That type of flush, Martinez argues, is often what makes bottoms possible: it removes leverage stress and forces late and speculative positions to unwind. Related Reading: Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals A central part of his explanation is the role of long-term holders. Martinez claims that long-term investors distributed more than $3.25 billion worth of spot
