Tesla (TSLA.O) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.
Democrats have regained a majority at the Federal Trade Commission, enabling Chairwoman Lina Khan to advance an aggressive and liberal anti-monopoly and consumer protection agenda focusing on Big Tech and major oil companies.
The GOP attorneys general of 17 states have filed a lawsuit against the Environmental Protection Agency (EPA) for reinstating California’s exemption from the 1970 Clean Air Act, a federal law that regulates air emissions from mobile and stationary sources.
EU antitrust regulators charged Apple on Monday with restricting rivals' access to its NFC chip technology in a move that could result in a hefty fine for the iPhone maker and force it to open its mobile payment system to competitors.
A group of former intelligence and national security officials on Monday issued a jointly signed letter warning that pending legislative attempts to restrict or break up the power of Big Tech monopolies — Facebook, Google, and Amazon — would jeopardize national security because, they argue, their centralized censorship power is crucial to advancing U.S. foreign policy.