 Technology |
Technology |
|
|
'Trump Mobile' phone service announced |
The Trump Organization is launching a new mobile phone business, Trump Mobile, that plans to offer a $47 phone plan and gold smartphones. |
It's the Trump Organization's latest business venture in President Trump's second term in the White House, a dynamic that has raised various ethical concerns from his critics. Donald Trump Jr., the president's eldest son, announced the new initiative along with his brother Eric Trump, on the 10th anniversary of their father's first announcing he was running for president. Speaking from Trump Tower in New York City, Trump Jr. said "lackluster performance" in the mobile coverage sector created opportunity to provide services to "underserved" consumers. With Trump Mobile, Trump Jr. said "we're going to be introducing an entire package of products." He said at a press event that it would allow people to "get telemedicine on their phones for one flat monthly fee, roadside assistance for their cars," and "unlimited texting for 100 countries around the world." "We think we're going to be giving something unique to the American people," he said. While the Trump family business has traditionally been focused on real estate and hotels, it has more recently become involved in several tech-related businesses, from the Truth Social platform to cryptocurrency. The Hill's Ian Swanson has more here. |
Welcome to The Hill's Technology newsletter, we're Miranda Nazzaro and Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley. |
|
|
How policy will be impacting the tech sector now and in the future: |
|
|
The use of artificial intelligence (AI) in the workplace has nearly doubled over the past two years, according to a new survey. A Gallup study, released Monday, found the share of U.S. employees who say they have used AI in their role a few times a year nearly doubled from 21 percent to 40 percent in the past two years. More frequent use of AI at work, defined as a few times a week or more by Gallup, also increased from 11 … |
| |
|
The Washington Post was hit with a cyberattack targeting some of its journalists in recent days, a source familiar with the situation confirmed to The Hill on Monday. The attack, first reported by The Wall Street Journal over the weekend, impacted a small amount of reporters at the news outlet and has since been contained, the source said. Staffers whose email accounts were hit by the breach were notified by Post leadership … |
| |
|
Southwest Airlines has added a new cockpit safety tool to most of its fleet that could prevent the types of close runway calls that have raised concerns in recent years. The Honeywell-built “SmartLanding” and “SmartRunway” software will give verbal warnings and text alerts to pilots when they are about to use the wrong runways for taxiing, takeoff or landing. It also signals when planes are moving too … |
| |
|
News we've flagged from the intersection of tech and other topics: |
- Instagram users complain of mass bans, pointing finger at AI (TechCrunch)
- Tensions between OpenAI, Microsoft reaching a boiling point (Wall Street Journal)
|
|
|
Truth Social's latest crypto endeavor |
© Yuki Iwamura/Bloomberg via Getty Images |
Welcome to Crypto Corner, a daily feature focused on digital currency and its outlook in Washington. |
Truth Social is seeking approval to launch a new crypto-related asset. President Trump's social media platform moved Monday to begin offering a new asset invested in two major cryptocurrencies — Bitcoin and Ethereum. The Truth Social Bitcoin and Ethereum exchange traded fund (ETF) is expected to invest in about three times as much Bitcoin as Ethereum, according to a securities filing from Yorkville America Digital. Yorkville America Digital partnered with Truth Social's parent company Trump Media & Technology Group, as well as Crypto.com earlier this year to launch a series of ETFs. The latest filing comes less than two weeks after Truth Social took steps toward launching a Bitcoin ETF. Despite its origins as a social media company, Trump Media has increasingly moved into the crypto space. It unveiled a deal last month to raise $2.5 billion to create a Bitcoin reserve. Trump and his family have launched several ventures in the crypto space since the president first embraced the industry during his campaign last year. World Liberty Financial, a crypto venture from Trump and his sons, unveiled a stablecoin in March. The president and first lady Melania Trump also launched meme coins shortly before he took office. |
|
|
Two key stories on The Hill right now: |
|
|
Sen. Amy Klobuchar (D-Minn.) on Monday condemned social media posts from her colleague Sen. Mike Lee (R-Utah) spreading unfounded claims about the … Read more |
| The man accused of shooting two Democratic lawmakers and their spouses over the weekend will be charged with a slate of federal crimes, including stalking, … Read more |
|
|
Opinions related to tech submitted to The Hill: |
|
|
You're all caught up. See you tomorrow! |
400 N Capitol Street NW Suite 650, Washington, DC 20001 |
Copyright © 1998 - 2025 Nexstar Media Inc. | All Rights Reserved. |
|
|
|
If you believe this has been sent to you in error, please safely unsubscribe.
No comments:
Post a Comment