Search results for "TED"
23:26

Trump signs resolution to abolish encryption tax rules

According to the Gate.io News bot, TheBlock reported that US President Trump signed a resolution to abolish encryption tax rules. This rule was established by the Biden administration at the end of its term, stipulating that "accomplice brokers" must collect and report user transaction data to the IRS, while also distributing 1099 forms to users for reporting non-employment income. This repeal resolution was introduced by Republican members Ted Cruz and Mike Carey and has been passed by both houses of Congress. The U.S. Department of the Treasury previously made it clear that the rule applies to front-end service providers that interact directly with users and operate access to the main websites of decentralized protocols, rather than the protocols themselves.
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22:57

Republican Senator Cruz questions Trump's tariffs, warns of potential disastrous losses to the Democrats in the midterm elections.

Golden Finance reports that Republican Senator Ted Cruz, who has always firmly supported Trump, issued a warning regarding the U.S. government's increased tariffs, stating that it will bring "great risks" to the U.S. economy and could lead to a "disastrous defeat" for the Republican Party in next year's midterm elections. Cruz stated in a podcast released on Friday that long-term trade tariffs will drive up inflation and severely impact the market, and the related economic consequences could help the Democrats reclaim the House of Representatives, and even potentially flip the Senate to gain majority status, although the odds are low.
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04:11
US Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week to overturn a controversial IRS rule that requires certain Decentralized Finance brokers to report total earnings and provide user data, including names and Address. The IRS's rule was finalized last December, requiring Decentralized Finance brokers to submit a 1099 form, similar to traditional securities brokers. Critics, including Cruz, argue that this rule stifles innovation, damages privacy, and complicates the tax reporting of the crypto industry's decentralized nature. (The Street)
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06:47

Animoca Brands Co-founder: Metaverse has generated over 30 billion USD in economic activity

Golden Finance reported that Yat Siu, co-founder of Animoca Brands, revealed in a TED talk that the rise of the open Metaverse has exceeded common understanding. According to Siu, the Metaverse has generated over 30 billion dollars of economic activity, close to the fiscal reserves of New Zealand and surpassing the GDP of more than 100 countries including Cyprus and Iceland.
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20:25
Golden Finance reported that US Senator Ted Cruz said he purchased three Bitcoin mining rigs and started mining in Texas.
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18:39
Golden Ten Data on May 5, when asked about the distribution of power and responsibilities between him and two investment deputies, Todd and Ted, when Abel took over Berkshire, Buffett said that the decision will be handed over to Berkshire's board of directors, and when he is gone, he may try to "come back and see if they have a different approach." But Buffett stressed that if he had been on the board at that time, he might have left the responsibility for capital allocation to Abel based on what he knew about him, because he knew the company very well. Warren Buffett said that if you know a business, you know about stocks, and if you really know how a business works, you're an investment manager. Warren Buffett said that the responsibility that he bears now should be entirely borne by the next CEO, that is, Abel.
05:08

The CFTC has appointed Dr. Ted Kaouk as Chief Artificial Intelligence Officer

On May 1, 2024, the Commodity Futures Trading Commission (CFTC) appointed Dr. Ted Kaouk as its first Chief AI Officer to strengthen regulation and enforcement in the derivatives market. In his current role as Chief Data Officer, Dr. Kaouk will be responsible for designing and implementing data and AI strategies. Previously, he successfully implemented data analytics and artificial intelligence platforms in government agencies. On the same day, the CFTC Technical Advisory Committee will hold an "AI Day" event to discuss the responsible use of AI in the financial sector.
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09:18
Odaily Due to concerns that the digital dollar will invade personal privacy, US Republican lawmakers have once again introduced legislation to block efforts to introduce Central Bank Digital Money (CBDCs) in the United States. On Monday, U.S. Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd, and Mike Braun jointly filed legislation titled "CBDC Anti-Surveillance State Act." Former President Donald Trump, the leader in the Republican leadership race, has pledged to ban the creation of CBDCs. (CoinDesk)
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13:42
PANews reported on February 26 that, according to Fox Business Channel, Republicans in the U.S. Senate are determined to limit the Federal Reserve's ability to create Central Bank Digital Money, which lays the groundwork for the debut of the digital dollar as an issue in the 2024 presidential campaign. Senator Ted Cruz, Republican of Texas, a senior member of the Senate Commerce Committee, said he and four Senate colleagues, including Bill Hagerty, Republican of Tennessee, Rick Scott, Republican of Florida, Ted Budd, Republican of North Carolina, and Mike Braun, Republican of Indiana, will introduce a new bill called the Central Bank Digital Money Anti-Surveillance State Act. The legislation, which Cruz will introduce in the Senate on Monday, says the Fed has no authority to issue CBDCs to Americans without congressional authorization. The new bill, which is also supported by organizations such as Legacy Action America, the Blockchain Association and the American Bankers Association, will serve as collateral legislation to the Central Bank Digital Money Anti-Surveillance State Act of House Long multi-party whip Tom Emmer, which was reintroduced in the House of Representatives in September. It has 75 MPs as co-sponsors. Cruz's bill, like Emmer's, aims to stop the Federal Reserve and its member banks from issuing CBDCs and use them to implement monetary policy and gain broader control over the economy. It is reported that although the Federal Reserve has not yet made a decision on the implementation of CBDC, the Biden administration has made CBDC research a top priority.
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06:55
PANews reported on February 21 that the House of Representatives of the United States Congress announced on February 20 local time that a bipartisan task force centered on artificial intelligence (AI) will be established. U.S. House Speaker Johnson reportedly said in a press release that he and Minority (Democratic) leader Jeffries each appointed 12 members to the working group. The study panel will be chaired by Republican Rep. O'Bernott and Democratic Rep. Ted. The panel will produce a report that includes recommendations for the future and bipartisan policy proposals related to AI.
06:06
According to TechCrunch, on November 28, Dataminr, a big data startup valued at $4.1 billion, announced a 20% layoff, or about 150 employees. According to a memo provided by founder and CEO Ted Bailey, the reasons for the layoffs include the economic environment, operational efficiency, and the recent rapid development of its AI platform. In the memo, Bailey noted that the restructuring measures would "put Dataminr's financial footing on a stronger footing." The company will look to further develop its AI platform and products, particularly with the launch of a new AI platform in Q1 that combines predictive AI with generative AI. It is reported that Dataminr has raised more than $1 billion in capital and has more than 100 investors, including companies such as Fidelity and Morgan Stanley, as well as Venrock, IVP, and others.
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09:02
U.S. Senator Ted Budd formally introduced the "Keep Your Coins Act" bill in the Senate on November 7. If approved, the bill would allow crypto users to directly custody their digital assets through personal self-custody wallets without the need for intermediaries, which would allow crypto users to retain "independent control" over their assets while preventing third parties from overstepping their authority. "As consumers face new challenges and risks associated with the use of digital currencies, we should empower individuals to maintain control of their digital assets," Budd said in a statement. This approach will promote financial freedom and a more decentralized cryptocurrency ecosystem. ”(Cryptonews) Previously, on July 8, it was reported that the Financial Services Committee of the U.S. House of Representatives has passed the "Payment Stablecoins Transparency Act" (Clarity for Payment Stablecoins Act of 2023), the "Keep Your Coins Act of 2023" and five other finance-related bills. The bills are designed to regulate the issuance of payment stablecoins and ensure that cryptocurrency users are allowed to keep their assets in self-custody wallets.
20:02
U.S. Senator Ted Budd has introduced a new bill, Keep Your Coins Act, to protect citizens' right to self-custody of Bitcoin and other cryptocurrencies. The bill wants to protect the rights of individuals to use cryptocurrency assets for trading without having to utilize third-party intermediaries. In addition, Ted Budd said that the bill aims to prevent third-party risks for consumers during the FTX crash. "As consumers face new challenges and risks associated with using digital currencies, we should empower individuals to maintain control of their digital assets," Budd said in a statement. This approach will promote financial freedom and a more decentralized cryptocurrency ecosystem. ”
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07:46
The Screen Actors Guild of Hollywood responded to the latest offers from major studios and streaming services on Monday, saying that the two sides have not yet reached an agreement on several projects, including the use of artificial intelligence, as reported by Reuters on November 6. The SAG-AFTRA union said its negotiating committee was determined to reach the best possible agreement to end the four-month-long strike in a responsible manner. It is reported that SAG-AFTRA members went on strike in July of this year and demanded higher pay in the era of streaming TV, as well as protections around the use of artificial intelligence (AI) and other earnings. The Alliance of Motion Picture and Television Producers (AMPTP), which represents Disney, Netflix and others, made an offer last Saturday that the studios called "the last, the best and the final." And Netflix co-CEO Ted Sarandos said in an interview on Monday that negotiations for a solution are still ongoing. It was previously reported that Hollywood screenwriters reached a "tentative" agreement on AI and compensation.
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22:30
According to the official website of U.S. Senator Ted Cruz, he has officially started accepting bitcoin as his Senate campaign contribution, with Bitcoin payments company OpenNode facilitating transactions, according to Golden Finance. Event payments can be made via on-chain or Lightning Network transactions. Cruz has been a strong supporter of Bitcoin in the Senate for the past few years, particularly in the energy sector, saying that the Bitcoin industry "is delivering tremendous benefits to the state of Texas and the nation."
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03:53
Odaily Planet Daily News The Avalanche Foundation announced the launch of the Ted Yin Funding Program to commend computer scientist Yin Maofan “Ted” Yin for his contribution to the Avalanche public chain ecosystem. The Ted Yin Funding Program will advocate and fund the development of open source software projects based on the Avalanche public chain, contribute to the ecosystem related to the Avalanche public chain, and benefit various permissionless public chains in other ways.
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19:10
Golden Finance reports that the Avalanche Foundation announced the launch of the Ted Yin Funding Program in recognition of Yin Maofan “Ted” Yin’s contribution to the Avalanche public blockchain ecosystem as a computer scientist. The Ted Yin Grant Program will advocate for and fund the development of open source software projects based on the Avalanche public blockchain, contribute to the ecosystem surrounding the Avalanche public blockchain, and/or otherwise enable public, permissionless blockchains Benefit.
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01:31
According to a report by the Associated Press on September 19, U.S. Senator Ted Cruz claimed that the United States may lose its advantage in the field of artificial intelligence if Congress implements the "tough" regulations sought by Democrats and some Republicans. "I think it's an odd suggestion to have the federal government step in with a heavy-handed regulatory regime," Cruz said in an interview Monday night.
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12:27
According to IT House news on September 18, Apple CEO Tim Cook confirmed in an interview with CBS Sunday Morning that the company’s new and highly anticipated Vision Pro headset will be released as planned and will be released as planned. Revealed that he has used this headset to watch the third season of "Ted Lasso". Vision Pro is an augmented reality device that Apple says allows apps to "free themselves from the constraints of a display" and marks a shift toward "spatial computing." Apple released this headset in June this year, priced at $3,499, and will be available in the United States early next year.
10:03
Golden Finance reported that U.S. Republican Senator Ted Cruz said on social media that Texas is a center of employment, innovation and freedom, making it a natural oasis for Bitcoin mining. These operations increase the resiliency of our grid because they can shut down during severe weather and release power to heat or cool homes. Cruz believes that Bitcoin is more attractive because of its uncontrollable nature and its security network. Because the Bitcoin network relies on a proof-of-work consensus mechanism, it involves a decentralized network of computers around the world that work together to solve cryptographic puzzles to verify transactions. Likewise, in exchange for the computing power a node contributes to the Bitcoin network, it is rewarded with newly released Bitcoins. Additionally, validators who confirm transactions in the network receive BTC as rewards. Cruz said that the Bitcoin network is open source code. Anyone from anywhere in the world can participate and make money. This method serves as a fair mechanism for the network to use the computing power of the world’s computers to issue new Bitcoins. It is believed that Bitcoin could prove to be a valuable asset for the energy industry.
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16:19
Golden Finance reported that U.S. Republican Senator Ted Cruz said in an interview with Forbes: "I am optimistic about Bitcoin. This innovation has benefited the Texas economy and power grid."
06:31
According to IT House citing a Bloomberg report on August 15, Hollywood film companies have proposed a new plan to the screenwriters on strike, including making concessions on issues such as artificial intelligence and access to audience data. The report quoted people familiar with the matter as saying that the Union of Film and Television Producers has agreed to ensure that the writers of the scripts are human beings, rather than being replaced by artificial intelligence. Studios will also share watch-time data on streaming services with writers, the report said. Among other elements of the package, a writer's remaining payment will increase by more than 20% when his show appears on a network other than his original one. According to reports, Netflix co-CEO Ted Sarandos has become a powerful force in pushing for a deal, and Disney CEO Bob Iger has joined him in recent weeks to seek an agreement with the writer.
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23:58
PANews news on July 12, according to the Wall Street Journal, former FTX executive Ryan Salame is being investigated by Manhattan federal prosecutors for possible violations of campaign finance laws. It is reported that Bond participated in his girlfriend Michelle Bond's 2022 congressional election. One source said the investigation, going back at least to April, was looking into money Salame gave to Bond and loans to fund her campaign. Bond raised more than $660,000 in donations, including $54,000 from Salame. She has the support of Donald Trump Jr. and Sen. Ted Cruz of Texas. The investigation into the financial relationship between Saleme and Bond is separate from the case against FTX co-founder SBF, who is accused of misappropriating customer deposits. Salame has not been charged in the case.
02:30

AI fuels tech hiring recovery in San Francisco

Tech firms in San Francisco boosted hiring in May after months of job losses, a new report showed, fueled by a boom in the artificial intelligence field. "The stock market, especially the big tech stocks, has been strong this year. It tends to be a leading indicator of hiring starts, especially in San Francisco," said Ted Egan, chief economist in San Francisco. The popularity of the AI field is an important source of employment growth in the technology industry.
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01:04
According to Jinshi’s report on June 21, the website of the U.S. House of Representatives showed that Democratic Rep. Ted Liu, Anna Esh, and Republican Rep. Ken Buck jointly submitted the National Artificial Intelligence Commission Act. Meanwhile, Democratic Senator Brian Schatz is set to introduce a parallel bill in the Senate. According to the outline of the bill provided by lawmakers, the proposed "National AI Commission" will ensure that the risks and possible harm caused by artificial intelligence are mitigated through regulation, and play a leading role in establishing necessary long-term AI regulations. The committee will be responsible for providing 3 reports to Congress and the President of the United States, the first is an interim report 6 months after its establishment, which will contain urgently needed legislative proposals; the final report will be submitted 1 year after its establishment, which will contain a comprehensive legislative framework suggestion.
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