The head of the European Commission called on incoming U.S. president Joe Biden to work with European lawmakers in reining in the power of America’s largest tech companies. In a speech on the floor of the European parliament on Wednesday, Commission President Ursula von der Leyen sought to reset the continent’s transatlantic relationship after a tumultuous four years with the Trump...
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Musk’s Counterproductive Moves
What a time to be a tech business reporter! Even as Sam Bankman-Fried’s fraud trial gets underway, our scoop yesterday about AI startup Anthropic’s rising valuation suggests that the disgraced FTX founder may have scored at least one home run with his Anthropic investment. Yes, that’s right: The fast-evolving story about AI startups has converged with the SBF drama. The big question is how much...
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