Trump administration
Trump administration business and news from across the web.
OpenAI GPT-5.6 access will be approved on a customer by customer basis by the Trump administrationThe Trump administration has requested OpenAI to stagger the release of its new GPT-5.6 model, approving access on a customer-by-customer basis during the preview period. This decision comes amid ongoing concerns about artificial intelligence security and follows the White House's release of stricter AI guidelines. OpenAI and Microsoft are also facing a lawsuit from newspaper publishers over alleged copyright infringement.
White House takes aim at internet anonymity while stripping states of powerThe Trump administration is reportedly negotiating with senators to advance bills that could impact internet anonymity and online privacy, including the Kids Online Safety Act and the NO FAKES Act. The administration also aims to implement age-verification mandates and establish federal precedent for regulating AI data centers, potentially overriding state-level control.- The Trump administration is reportedly in talks about taking a stake in OpenAIThe Trump administration is reportedly in discussions regarding a potential investment in the artificial intelligence company OpenAI. Specific details of the proposed deal have not yet been finalized.
- Minnesota passes ban on prediction markets, Trump Administration suesMinnesota has enacted a new law that prohibits the advertisement and operation of prediction markets within the state. The Trump Administration has filed a lawsuit in response to this legislation.
- Apple (AAPL) & Intel (INTC) reach preliminary chip-making deal with Trump administration's backingApple and Intel have reached a preliminary agreement for chip manufacturing, with the backing of the Trump administration. This deal signifies a potential collaboration in the semiconductor industry.
- Trump administration is paying more companies to abandon offshore wind projectsThe Trump Administration has brokered deals with Bluepoint Wind and Golden State Wind, paying them $885 million combined to abandon their offshore wind leases and invest in oil and gas projects instead. These agreements, which also involve Global Infrastructure Partners and Ocean Winds, signal a rejection of clean energy in favor of fossil fuels, despite ongoing challenges to claims about climate change and renewable energy costs.
Feature: Nintendo May Win Its Case Against The US Government, But Tariffs Are Here To StayNintendo is pursuing legal action against the US government to reclaim tariffs paid on imported consoles and accessories, following a Supreme Court ruling that found the tariffs unlawfully imposed. Despite this potential victory, the company faces the prospect of new tariffs being implemented under different legal authorities, which could negate any refunds and lead to continued price increases for consumers. Experts suggest that companies should prepare for ongoing tariff challenges.- States are suing the EPA for relinquishing its role as a greenhouse gas emissions regulatorTwenty states, led by California, are suing the US Environmental Protection Agency for rescinding its authority to regulate greenhouse gas emissions. The lawsuit challenges the agency's decision to withdraw a 2009 study that linked greenhouse gases to public health risks, which was a basis for emissions regulations. This legal action aims to restore the EPA's ability to combat climate change, though Congress could also pass new legislation.
- Saturday Legal BriefsNintendo is seeking the return of tariff money from the Trump administration. The company is involved in a legal dispute regarding import duties.
Nintendo sues Trump administrationNintendo of America is suing the Trump administration and several US government agencies in the US Court of International Trade, seeking refunds for tariffs that the Supreme Court later deemed unconstitutional. The company claims these tariffs, amounting to over $200 billion collectively, negatively impacted its business, including causing delays in Nintendo Switch 2 pre-orders and increasing accessory costs.
The Pokémon Company criticises Trump administration's use of its imagery in political memes, says Pokémon is apolitical, Trump spokesman uses decade-old Clinton post to accuse them of biasThe Pokémon Company International has criticized the Trump administration for using its imagery in political memes without permission, stating the brand is apolitical. In response, a White House spokesman accused the company of bias by referencing past instances of Hillary Clinton's campaign using Pokémon Go for voter registration.