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SEC's lawsuit against Binance and CEO Zhao was a matter of 'when, not if,' industry players say

The SEC hit Binance, the world's largest crypto exchange, and its CEO Changepng Zhao with 13 charges in a suit on Monday, including allegations of lying to regulators about its operations.Much of the ...

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Jun 2023

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Neuralink says it has the FDA's OK to start clinical trials

In December 2022, founder Elon Musk gave an update on his other, other company, the brain implant startup Neuralink. As early as 2020, the company had been saying it was close to starting clinical tri...

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May 2023

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Politicians Need to Learn How AI Works--Fast

[photo1]Will KnightThis week, US senators heard alarming testimony suggesting that unchecked AI could steal jobs, spread misinformation, and generally "go quite wrong," in the words of OpenAI CEO Sam ...

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May 2023

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Tesla wins Autopilot crash case in California

Tesla scored a victory Friday after a California jury determined the automaker was not to blame for a 2019 crash that involved its advanced driver assistance system, known as Autopilot.The jury awarde...

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Apr 2023

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Silicon Valley Bank's chief risk officer is out, months after taking the job

When Silicon Valley Bank's collapse was first unfolding, a belated disclosure colored some of the chaos: The bank spent most of last year without a chief risk officer, and the one who left sold more t...

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Apr 2023

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Amazon's $1.7B iRobot acquisition scrutinized by UK on competition grounds

The U.K.'s Competition and Markets Authority (CMA) has confirmed that it's assessing Amazon's proposed acquisition of robot vacuum maker iRobot.The case is still at its earliest possible stage, where ...

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Apr 2023

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Report: China increasingly uses merger reviews to make demands of US companies

China's antitrust regulator "is holding back its required green light for mergers that involve American companies as a technology war with Washington intensifies," according to a Wall Street Journal r...

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Apr 2023

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Crypto market cap unaffected on the week amid more US lawsuits

To get a roundup of TechCrunch's biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here.Welcome back to Chain Reaction.If you t...

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Mar 2023

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OK, what is going on with SVB?

Welcome to Startups Weekly, a nuanced take on this week's startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.Writer's note: We...

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Mar 2023

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Netflix fights attempt to make streaming firms pay for ISP network upgrades

Netflix co-CEO Greg Peters spoke out against a European proposal to make streaming providers and other online firms pay for ISPs' network upgrades."Some of our ISP partners have proposed taxing entert...

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Mar 2023

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NHTSA requests info after Tesla crashes into fire truck

The National Highway Traffic Safety Administration (NHTSA) said Monday it has asked Tesla to provide more information after one of its vehicles crashed into a fire truck in California, Bloomberg repor...

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Feb 2023

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Can the UK's approach to AI regulation give it an edge over the EU?

The EU's landmark AI Act is moving closer to reality, as a rival rulebook forms across the English Channel.The union aims to agree on draft rules for the world-first AI statute next month, Reuters rep...

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Feb 2023

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After $414M fine, Meta tries to avoid seeking user consent for personalized ads

For four years, Meta has been battling European Union regulators over how its apps, Facebook and Instagram, collect user data to personalize ads. The key question for regulators was whethe...

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Jan 2023