Categories biden

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Biden taps Google critic to lead the DOJ’s antitrust division

The Biden administration tripled down on its commitment to reining in powerful tech companies Tuesday, proposing committed Big Tech critic Jonathan Kanter to lead the Justice Department’s antitrust division. Kanter is a lawyer with a long track record of representing smaller companies like Yelp in antitrust cases against Google. He […]

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Tech antitrust crusader Lina Khan is confirmed as FTC commissioner

The Senate confirmed big tech critic and prominent antitrust scholar Lina Khan as FTC Commissioner Tuesday, signaling a new era of scrutiny for the tech industry. Khan was confirmed in a 69-28 vote, with Republicans joining Democrats in a rare show of bipartisan support for Khan’s ideas on reining in […]

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US Treasury calls for stricter cryptocurrency rules, IRS reporting for transfers over $10K

President Biden’s vision for an empowered, expanded IRS is poised to have a big impact on cryptocurrency trading. According to a new report from the U.S. Treasury Department, the administration wants to put new requirements in place that would make it easier for the government to see how money is […]

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ByteDance CFO assumes role as new TikTok CEO

Eight months after former TikTok CEO Kevin Mayer quit in the midst of a full-court press from the Trump administration against the Chinese-owned social media giant, TikTok finally has a new permanent leader. ByteDance’s recently hired CFO Shouzi Chew will be assuming the role as TikTok CEO while still holding […]

Crypto market takes a dive with Bitcoin leading the way

Cryptocurrency prices continued to tumble Friday with Bitcoin leading the charge, with prices for the internet currency dipping below $50,000 for the first time since early March. Bitcoin is down roughly 20% week-over-week, around 30% from its all-time-high of nearly $65,000 early last week. The market cap of the coin […]

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The Department of Defense is establishing a working group to focus on climate change

The U.S. Department of Defense is setting up a working group to focus on climate change. The new group will be led by Joe Bryan, who was appointed as a special assistant to the Secretary of Defense focused on climate earlier this year. The move is one of several steps […]

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Pfizer-BioNTech’s COVID-19 vaccine just got a lot easier to transport and distribute

The COVID-19 vaccine developed by Pfizer and BioNTech now has less stringent and extreme transportation requirements than when it debuted. Originally, the mRNA-based vaccine had to be maintained at ultra-low temperatures throughout the transportation chain in order to remain viable — between -76°F and -112°F. New stability data collected by […]

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Notable Health seeks to improve COVID-19 vaccine administration through intelligent automation

Efficient and cost-effective vaccine distribution remains one of the biggest challenges of 2021, so it’s no surprise that startup Notable Health wants to use their automation platform to help. Initially started to help address the nearly $250 billion annual administrative costs in healthcare, Notable Health launched in 2017 to use […]

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Biden Commerce nominee Raimondo sees no reason to remove Huawei from entity list

Huawei’s status in the U.S. has been one of many question marks hovering over the newly minted Biden administration. The smartphone maker was one of a number of Chinese companies added to the Department of Commerce’s “entity list” during Trump’s four years in office. Gina Raimondo, Joe Biden’s nominee for […]