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Trevor Milton's Nikola case dropped by SEC following Trump pardon

news.ycombinator.com Matilde Is A Law-Backed Writer Who Joined Carba In April As A Junior Reporter. 2025-09-20 05:43:29

The US Securities and Exchange Comission (SEC) has dropped its fraud case against Nikola‘s founder and former CEO Trevor Milton, after Trump’s pardon six months ago. Trevor Milton, who had been convicted of securities fraud, received a pardon from the US President Donald Trump in March, a month after the Phoenix-based electric and hydrogen truck maker Nikola filed for bankrupcy. The full and unconditional presidential pardon overturned a four-year prison sentence, imposed in December 2023, for

Topics: company milton nikola pardon president

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So… is there a TikTok deal or not?

theverge.com Adi Robertson 2025-09-20 08:35:20

is a senior tech and policy editor focused on VR, online platforms, and free expression. Adi has covered video games, biohacking, and more for The Verge since 2011. Posts from this author will be added to your daily email digest and your homepage feed. China and the US have “made progress” on granting permission for ByteDance to sell TikTok to an American consortium, fulfilling a nine-months-overdue legal requirement. After saying a tentative deal had been reached Monday and that approval woul

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Trump and ByteDance tout TikTok deal approval, but no official details yet

techcrunch.com Sarah Perez 2025-09-20 13:20:53

President Trump on Friday announced that the TikTok deal, which would potentially see the video platform controlled by a consortium of U.S. investors, had been approved by President Xi of China. TikTok owner ByteDance also issued a public statement saying the company would work to ensure that TikTok “remains available to American users through TikTok U.S.” No further details about the deal were offered at the time. The two countries have been working on a way to save TikTok’s U.S. business, af

Topics: deal president social tiktok trump

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Trevor Milton's Nikola Case Dropped by SEC Following Trump Pardon

news.ycombinator.com Matilde Is A Law-Backed Writer Who Joined Carba In April As A Junior Reporter. 2025-09-20 20:43:29

The US Securities and Exchange Comission (SEC) has dropped its fraud case against Nikola‘s founder and former CEO Trevor Milton, after Trump’s pardon six months ago. Trevor Milton, who had been convicted of securities fraud, received a pardon from the US President Donald Trump in March, a month after the Phoenix-based electric and hydrogen truck maker Nikola filed for bankrupcy. The full and unconditional presidential pardon overturned a four-year prison sentence, imposed in December 2023, for

Topics: company milton nikola pardon president

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Trump Says TV Networks That Criticize Him Should Lose Their Licenses

gizmodo.com Matt Novak 2025-09-21 09:45:47

ABC suspended the show Jimmy Kimmel Live indefinitely on Wednesday under pressure from FCC Chairman Brendan Carr, setting off a national discussion about whether the president should be able to dictate what Americans see on TV. And Trump made his threats against free speech even more explicit Thursday, telling reporters that any TV channel that was critical of him should lose its broadcasting license. Trump was asked on Air Force One about Carr, who had made threats against ABC while speaking

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Trump's Biggest Fans Furious at His Embrace of AI

futurism.com Unknown 2025-09-26 19:55:57

Partisan politics in the United States makes for a generally contentious atmosphere But these days, the mainstream rift isn't just between blue and red — even some of president Donald Trump's most diehard fanatics have become openly belligerent over the president's obsession with AI. Following the release this summer of president Trump's "AI Action Plan" — a sweeping blueprint outlining the white house's strategy to ramp up AI development while slashing regulation — a number of far-right stalwa

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Eli Lilly to Build $5 Billion Drug Manufacturing Plant in Virginia

gizmodo.com Matt Novak 2025-09-26 21:00:38

Eli Lilly announced plans on Tuesday to build a $5 billion drug manufacturing facility in Virginia. The announcement comes amid pressure from President Donald Trump to bring more drug manufacturing to the U.S. and threats to slap heavy tariffs on pharmaceuticals coming from overseas. The new manufacturing plant will be built west of Richmond, Virginia, in Goochland County, according to a press release from the company. Eli Lilly says it expects the project to be completed in five years and clai

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Google to invest £5 billion in UK AI as Trump heads for state visit

cnbc.com Sam Meredith 2025-09-28 15:59:51

General view of the Google headquarters in King's Cross as the tech giant faces a 5 billion pound lawsuit in the UK for allegedly abusing its online search dominance. Google owner Alphabet on Tuesday announced a £5 billion ($6.8 billion) investment in the U.K.'s artificial intelligence development, just as the country prepares for U.S. President Donald Trump's state visit this week. The U.S. president is scheduled to arrive in Britain on Tuesday evening, before the pomp and pageantry gets unde

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Trump's willingness to let TikTok go dark motivated China to make deal, says Bessent

cnbc.com Chris Eudaily 2025-09-28 18:48:49

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer hold a press conference, following a meeting with Chinese Vice Premier He Lifeng, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Treasury Secretary Scott Bessent said Tuesday that President Donald Trump was willing to let TikTok go dark, and it was "what turned the tide" in the deal framework with China. "President Trump made it clear that he

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A TikTok deal may finally be happening

engadget.com Unknown 2025-09-30 01:04:49

US Treasury Secretary Scott Bessent has said that the United States and China have reached a framework deal on TikTok. Speaking to reporters in Madrid after two days of talks with his Chinese counterparts, Bessent said, “It’s between two private parties, but the commercial terms have been agreed upon.” President Trump said in a Truth Social post that he will be speaking with Xi Jinping this Friday regarding the potential deal, among other things. This breakthrough comes after the Trump administ

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Trump Admin Says ‘Framework’ Reached for U.S. Owners to Take Control of TikTok

gizmodo.com Matt Novak 2025-09-30 01:20:34

Treasury Secretary Scott Bessent said Monday that the U.S. has “a framework for a TikTok deal,” suggesting that some kind of agreement is imminent to allow the social media platform to continue operating in the U.S. despite a law passed in 2024 that sought to ban the app or force a sale. The comments from Bessent came as he and U.S. trade representative Jamieson Greer took questions from reporters after two days of meetings with Chinese officials in Madrid. “We believe we have an agreement. It

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US, China reach ‘framework’ deal for TikTok

techcrunch.com Ivan Mehta 2025-09-30 13:24:49

In Brief The U.S. has reached a “framework” deal with China for social media platform TikTok, CNBC reported, citing Treasury Secretary Scott Bessent. “It’s between two private parties, but the commercial terms have been agreed upon,” CNBC quoted Bessent as saying on the sidelines of a meeting between the two countries in Madrid on Monday. The news comes barely an hour after U.S. President Donald Trump hinted on his social media platform Truth Social that a deal for the short-video app had bee

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NASA found intriguing rocks on Mars, so where does that leave Mars Sample Return?

arstechnica.com Unknown 2025-10-03 13:21:03

NASA's interim administrator Sean Duffy was fired up on Wednesday when he joined a teleconference to talk about new scientific findings that concerned the potential for life to have once existed on Mars. "This is exciting news," said Duffy about an arrow-shaped rock on Mars found by NASA's Perseverance rover. The rock contained chemical signatures and structures that could have been formed by ancient microbial life. The findings were intriguing, but not conclusive. Further study of the rocks in

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Brazil's Supreme Court finds Bolsonaro guilty of plotting military coup

news.ycombinator.com Tom Phillips 2025-10-03 21:28:44

A majority of Brazil’s supreme court judges have voted to convict the country’s former president Jair Bolsonaro of plotting a military coup, leaving the far-right populist facing a decades-long sentence for leading the criminal conspiracy. Justice Cármen Lúcia Antunes Rocha ruled on Thursday that Bolsonaro – a former paratrooper who was elected president in 2018 – was guilty of seeking to forcibly cling to power after losing the 2022 election, meaning three of the five judges involved in the t

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‘Here We Go!’: Trump Weighs in After Russian Drones Shot Down Over Poland

gizmodo.com Matt Novak 2025-10-06 09:40:24

NATO fighter jets shot down at least three Russian drones in Polish airspace overnight after more than a dozen entered its eastern border, according to several reports. It was a historic action, the first time that NATO forces have shot down a Russian aircraft in a NATO country. But President Donald Trump didn’t offer much clarity about what the U.S. plans to do about it, writing a confusing Truth Social post on Wednesday that could be read several different ways. “What’s with Russia violating

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Zuckerberg caught on hot mic telling Trump 'I wasn't sure' how much to promise to spend on AI in the US

engadget.com Unknown 2025-10-11 17:28:19

US President Donald Trump jokes with Meta CEO Mark Zuckerberg (L) as he hosts tech leaders for a dinner in the State Dining Room of the White House in Washington, DC, on September 4, 2025. (Photo by SAUL LOEB/AFP via Getty Images) Mark Zuckerberg has certainly come a long way in his relationship with President Donald Trump. Almost exactly a year after the president threatened the Meta CEO with imprisonment, the two sat side-by-side at a White House dinner, alongside numerous other tech CEOs. T

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A Sitting President Is Making Billions Off Crypto, Which Feels Like a Bit of an Outrage

futurism.com Unknown 2025-10-11 21:00:34

Before his first presidential bid, TV personality and real estate tycoon Donald Trump was doing just fine, financially speaking. The benefactor of a $5.5 million trust fund, adjusted for inflation — not to mention a $20 million inheritance from his father, split with his siblings — Trump's actual net worth has always been a hazy target for estimates. As he left office in 2021, Trump's net worth seemed to be around $2.3 billion, according to Forbes, thanks to legal fallout and a real estate port

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Zuckerberg caught on hot mic telling Trump ‘I wasn’t sure’ how much to promise to spend on AI in the US

engadget.com Unknown 2025-10-12 08:19:15

US President Donald Trump jokes with Meta CEO Mark Zuckerberg (L) as he hosts tech leaders for a dinner in the State Dining Room of the White House in Washington, DC, on September 4, 2025. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) Mark Zuckerberg has certainly come a long way in his relationship with President Donald Trump. Almost exactly a year after the president threatened the Meta CEO with imprisonment, the two sat side-by-side at a White House dinner, alongside n

Topics: meta president trump year zuckerberg

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At White House dinner, Tim Cook praises Trump’s ‘leadership and focus on innovation’

9to5mac.com Marcus Mendes 2025-10-14 07:02:50

Yesterday, news broke that Apple CEO Tim Cook was one of many tech CEOs who had been invited for a “White House event on AI hosted by first lady Melania Trump.” Now, The Wall Street Journal has a few details of how the event went. Taking turns to praise Trump As reported by the WSJ, the list of tech CEOs at tonight’s dinner included OpenAI CEO Sam Altman, Meta CEO Mark Zuckerberg (who sat alongside Trump), Microsoft founder and ex-CEO Bill Gates, Alphabet CEO Sundar Pichai, and IBM CEO Arvind

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Trump to host tech CEOs over dinner for inaugural event in renovated Rose Garden

cnbc.com Dylan Butts 2025-10-16 20:48:12

U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural event in the White House's renovated Rose Garden on Thursday. Invitees include Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates and OpenAI founder Sam Altman, according to a lis

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Appeals court reinstates fired Democratic FTC commissioner

engadget.com Unknown 2025-10-18 17:45:49

Rebecca Kelly Slaughter can resume her work as a commissioner for the FTC, a federal appeals court has ruled. Slaughter, who was one of the two Democratic commissioners for the FTC that President Trump fired back in March, filed a lawsuit for her reinstatement. "Your continued service on the FTC is inconsistent with my administration’s priorities," a letter to the commissioners said. In July, US District Judge Loren AliKhan ruled that her removal from the agency was "unlawful and without legal e

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Trump Blames AI for Weird Video of Stuff Being Tossed Out White House Window

gizmodo.com Matt Novak 2025-10-19 13:00:36

A very strange video appearing to show large objects being thrown out of a window at the White House went viral over Labor Day weekend. President Donald Trump was asked about it during a press conference on Tuesday, and he insisted it must be AI. Curiously, White House staff told Time magazine it was just regular maintenance. The video appears to have been first posted to Instagram on Aug. 31 by an account called WashingtonianProbs. “One of our community members noticed some things being throw

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The Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong Kong

cnbc.com Dylan Butts 2025-10-25 18:04:36

Eric Trump and Donald Trump Jr during the Bitcoin 2025 conference in Las Vegas, Nevada, US, on Wednesday, May 28, 2025. Bloomberg | Bloomberg | Getty Images Eric Trump said Friday he is certain bitcoin will eventually hit a $1 million valuation as he spoke at a Hong Kong conference, marking the first of a series of Asian crypto events that will feature U.S. President Donald Trump's sons. Speaking at Hong Kong's Bitcoin Asia 2025 conference, Eric Trump discussed his strong involvement in the cry

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As Health Questions Swirl, Weird Spot Appears on Trump’s Hand

futurism.com Unknown 2025-11-02 23:08:00

Image by Andrew Caballero-Reynolds / AFP via Getty / Futurism Treatments Over the past few months, a small media circus has ignited after the White House announced that 79-year-old president Donald Trump, who had been photographed with swollen ankles, had been diagnosed with a disorder called chronic venous insufficiency that causes blood to pool in the extremities. Now, amid the increasing scrutiny about those "cankles," it appears the president or his aides are obfuscating another visible ai

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It's the Economy, Donald

wired.com Jake Lahut 2025-11-12 03:30:00

For months, the mantra inside the White House has been a MAGA version of “Keep calm and carry on.” President Donald Trump’s inner circle and more junior aides have embraced the term “No panicans”—specifically around tariffs—to signal there is no room to panic over, and certainly no room for dissent from, the president’s economic policies. The administration’s areas of focus—deporting immigrants whose labor powers key sectors like agriculture and construction, levying tariffs, and cutting social

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Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China

cnbc.com Annie Palmer Chris Eudaily 2025-11-14 04:48:25

Nvidia said Tuesday that it is evaluating several products following a report that the company is working on a new artificial intelligence chip for China that is more powerful than the currently available H20. The new product, tentatively called the B30A, is expected to be based on Nvidia's Blackwell chip architecture, Reuters reported, citing people familiar with the company's plans. Nvidia hopes to deliver sample units to Chinese clients for testing as soon as next month, according to Reuters

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Apple reportedly ups iPhone production in India as country's Russia ties roil White House

cnbc.com Samantha Subin 2025-11-14 04:55:49

Apple has reportedly boosted iPhone production in India as the country faces pressure from the White House over its Russian oil purchases. "We have planned to up the tariffs on India," Treasury Secretary Scott Bessent told CNBC's "Squawk Box" on Tuesday. "These are secondary tariffs for buying the sanctioned Russian oil." Bessent accused India of "profiteering" by purchasing cheap Russian oil and reselling it during the Ukraine war, "which is unacceptable." Earlier this month, President Donal

Topics: india oil president russian tariffs

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‘Are You Surprised?’: Trump Shrugs Off New Suspected Hack of Documents by Russia

gizmodo.com Matt Novak 2025-11-24 03:52:23

President Donald Trump was asked on Wednesday about the recent hack of a computer system that holds highly sensitive federal court documents. Russia is suspected to be behind the attack, as the New York Times first reported on Tuesday. But Trump doesn’t seem to think it was a big deal, even as the president prepares to meet with Russia’s President Vladimir Putin. Trump was asked by a reporter if he would bring up the hack when he meets Putin in Alaska on Friday. “I guess I could,” Trump replied

Topics: hack president putin russia trump

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Why AI Shouldn’t Replace Historians Anytime Soon

gizmodo.com Matt Novak 2025-11-27 12:20:59

Microsoft recently released a study about the types of jobs most likely to be augmented by AI in the future. It led many people to assume those are the jobs that will soon be replaced by machines, and since “historian” ranked second highest on the list, it raised more than a few eyebrows among historians on social media. But after I tested generative AI tools with some historical facts, it seems like historians shouldn’t worry too much about the robots taking over just yet. At the very least, th

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Sequoia's Moritz backs Intel CEO Lip-Bu Tan after Trump's 'artless bullying'

cnbc.com Samantha Subin 2025-11-30 08:18:39

Renowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week. "Trump's assault has no modern precedent," Moritz wrote, calling the attack a "vindictive political sideshow." Moritz, who spent decades at Sequoia Capital and has known Tan for nearly four decades, highlighted the CEO's previous turnaround of Cadence Design Systems . Moritz said there is "no one better equipped to transform Intel's fortunes." "No

Topics: decades intel moritz president tan

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Latest Tech News

Trevor Milton's Nikola case dropped by SEC following Trump pardon

So… is there a TikTok deal or not?

Trump and ByteDance tout TikTok deal approval, but no official details yet

Trevor Milton's Nikola Case Dropped by SEC Following Trump Pardon

Trump Says TV Networks That Criticize Him Should Lose Their Licenses

Trump's Biggest Fans Furious at His Embrace of AI

Eli Lilly to Build $5 Billion Drug Manufacturing Plant in Virginia

Google to invest £5 billion in UK AI as Trump heads for state visit

Trump's willingness to let TikTok go dark motivated China to make deal, says Bessent

A TikTok deal may finally be happening

Trump Admin Says ‘Framework’ Reached for U.S. Owners to Take Control of TikTok

US, China reach ‘framework’ deal for TikTok

NASA found intriguing rocks on Mars, so where does that leave Mars Sample Return?

Brazil's Supreme Court finds Bolsonaro guilty of plotting military coup

‘Here We Go!’: Trump Weighs in After Russian Drones Shot Down Over Poland

Zuckerberg caught on hot mic telling Trump 'I wasn't sure' how much to promise to spend on AI in the US

A Sitting President Is Making Billions Off Crypto, Which Feels Like a Bit of an Outrage

Zuckerberg caught on hot mic telling Trump ‘I wasn’t sure’ how much to promise to spend on AI in the US

At White House dinner, Tim Cook praises Trump’s ‘leadership and focus on innovation’

Trump to host tech CEOs over dinner for inaugural event in renovated Rose Garden

Appeals court reinstates fired Democratic FTC commissioner

Trump Blames AI for Weird Video of Stuff Being Tossed Out White House Window

The Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong Kong

As Health Questions Swirl, Weird Spot Appears on Trump’s Hand

It's the Economy, Donald

Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China

Apple reportedly ups iPhone production in India as country's Russia ties roil White House

‘Are You Surprised?’: Trump Shrugs Off New Suspected Hack of Documents by Russia

Why AI Shouldn’t Replace Historians Anytime Soon

Sequoia's Moritz backs Intel CEO Lip-Bu Tan after Trump's 'artless bullying'

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