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JD Vance says US should use bitcoin as an advantage in rivalry with China

Economic Times

Economic Times · 3m ago

JD Vance says US should use bitcoin as an advantage in rivalry with China

JD Vance advocates for the U.S. to leverage Bitcoin to gain a strategic advantage over China, which bans crypto trading and mining. He suggests China's opposition to Bitcoin should prompt the U.S. to embrace it. Vance praises former President Trump's efforts to enhance America's crypto policies, including creating a Bitcoin reserve. The U.S. has seen increased crypto interest, with Congress working on regulatory frameworks, amid significant lobbying from the crypto industry.

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Work on TikTok deal is 'in a good place,' US vice president says

Economic Times

Economic Times · 4m ago

Work on TikTok deal is 'in a good place,' US vice president says

The Trump administration is progressing in securing an American buyer for TikTok before the April 5 deadline, according to Vice President JD Vance. With mounting bids, Vance expressed optimism about finalizing a deal for non-Chinese ownership of the short-video social media platform. He conveyed confidence in the process during an interview with Fox News, stating that efforts will continue to ensure completion before the deadline.

Chinese hackers are said to have targeted phones used by Trump and Vance

Economic Times

Economic Times · 10m ago

Chinese hackers are said to have targeted phones used by Trump and Vance

Chinese hackers targeted data from phones used by former President Donald Trump and his running mate, Sen. JD Vance, as part of a wider intelligence-collection effort, according to anonymous sources. The investigation aims to determine what communications data was taken or observed. Access to this information, such as call history and contact frequency, could be highly valuable to an intelligence agency like China. Trump and Vance were among the individuals whose phone numbers were targeted, alongside Democrats and staff members of Vice President Kamala Harris' campaign. The hacking attack, believed to be conducted by a group called Salt Typhoon, has raised concerns about compromised data and potential victims.

JD Vance says Donald Trump doesn't want long-term feud with Elon Musk

Economic Times

Economic Times · 2m ago

JD Vance says Donald Trump doesn't want long-term feud with Elon Musk

U.S. President Donald Trump is reportedly frustrated with Elon Musk but is not seeking a prolonged dispute with the entrepreneur, according to Vice President JD Vance. The Trump team appreciates Musk's early efforts in enhancing government efficiency. Musk expressed regret over some past social media posts about Trump, which Trump described as a positive gesture. This development suggests a possible reconciliation between Trump and Musk, who is also a significant campaign donor.

China opposes 'politicising' technology after JD Vance's AI warning

Economic Times

Economic Times · 6m ago

China opposes 'politicising' technology after JD Vance's AI warning

China opposes politicizing technology and trade issues, following U.S. VP JD Vance's warning about authoritarian regimes using AI for citizen control. At a Paris AI summit, many nations called for regulation for ethical AI, but the U.S. and UK did not sign. Vance warned against AI cooperation with authoritarian regimes. China's foreign ministry emphasized AI security and openness, opposing ideology-based divisions and politicization of trade and technology, advocating for open-source AI tech and service accessibility.

Trump ‘frustrated’ with Elon Musk but ‘doesn't want a long-term feud’, says JD Vance

Economic Times

Economic Times · 2m ago

Trump ‘frustrated’ with Elon Musk but ‘doesn't want a long-term feud’, says JD Vance

Former President Donald Trump is reportedly frustrated with Elon Musk but does not wish to escalate it into a long-term feud, according to Vice President JD Vance. He mentioned discussions with both Musk and Trump to ensure Musk's support for Trump's administration. Despite the frustration, Trump values Musk's contributions towards improving governmental efficiency early in his presidency. Trump seems keen on maintaining a harmonious relationship with the influential entrepreneur and significant campaign donor.

US President Donald Trump "acknowledged" Musk's apology, says White House Press Secy

Economic Times

Economic Times · 2m ago

US President Donald Trump "acknowledged" Musk's apology, says White House Press Secy

Tesla CEO Elon Musk expressed regret over his critical social media posts about President Donald Trump, following a recent conflict between them. Musk conveyed his apology during a brief phone call with Trump, facilitated by Vice President JD Vance and White House Chief of Staff Susie Wiles. White House Press Secretary Karoline Leavitt confirmed that President Trump acknowledged Musk’s apology and emphasized their continued focus on serving the American people. No review of Musk's government contracts has begun.

Elon Musk’s Grok 3 AI names him ‘most harmful’ to America— Donald Trump and JD Vance also on the list | Mint

Livemint

Livemint · 6m ago

Elon Musk’s Grok 3 AI names him ‘most harmful’ to America— Donald Trump and JD Vance also on the list | Mint

Elon Musk's xAI recently launched Grok 3, a language model aimed at competing with market leaders like ChatGPT. Despite claiming real-time updates, a user's query to Grok about America's most harmful figures listed Musk himself, Donald Trump, and JD Vance. This raises questions about Grok's reliability. Grok 3 is presented as an advanced tool with features like Deep Search and reasoning abilities to potentially revolutionize AI usage, although its performance is under scrutiny.

Chinese hackers preparing for conflict, US cyber official says

Economic Times

Economic Times · 9m ago

Chinese hackers preparing for conflict, US cyber official says

Chinese hackers are strategically infiltrating US critical infrastructure IT networks, with the potential for a future conflict with the US, according to a cybersecurity official. These cyber operations are aimed at gaining an advantage in case of a major conflict. US officials have warned about Chinese hackers compromising IT networks and preparing for disruptive attacks, including manipulating systems in server rooms or disrupting energy and water controls. This follows the revelation of a suspected China-linked hack on US telecommunications firms, which the FBI has dubbed "Salt Typhoon." The US government has implemented synchronized activities to degrade and disrupt Chinese cyber operations.

Roche chairman calls industrial subsidies a ‘waste of money’

Livemint

Livemint · 11m ago

Roche chairman calls industrial subsidies a ‘waste of money’

Roche's Chairman, Severin Schwan, has criticised the recent surge in industrial subsidies provided by governments in the US and Europe, calling them a waste of money. Schwan believes that these subsidies distort competition and hinder a level playing field. The US and the European Union have accused China of giving its companies an unfair advantage through subsidies. While Schwan did not comment on China's subsidy policies, he suggested that the country should not try to match Western subsidy initiatives, urging them to focus on investing in basic research instead.

JD Vance has a TikTok problem. Can he find a solution?

Economic Times

Economic Times · 6m ago

JD Vance has a TikTok problem. Can he find a solution?

Vice President JD Vance is exploring Frank McCourt's bid to buy TikTok as part of efforts, initiated by former President Donald Trump, to relocate TikTok ownership to a non-Chinese entity due to security concerns. Although TikTok remains popular in the U.S. with around 170 million users, challenges persist, such as gaining approval from TikTok's Chinese owner, ByteDance. Potential bids for TikTok are underway, but Vance's involvement could enhance negotiation credibility.

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