A bipartisan ethics proposal within the crypto market structure bill being pitched to President Donald Trump could create a significant tax benefit for the president by allowing him to defer taxes on his cryptocurrency holdings rather than requiring immediate divestment.
A Bloomberg investigation revealed that state health insurance marketplaces, including those in Virginia and Washington, D.C., shared users' personal information including citizenship and race data with advertisers through embedded ad trackers. Virginia and D.C. paused the data collection and sharing following the report.
China has halted the issuance of new autonomous vehicle licenses following incidents involving Baidu's Apollo Go robotaxi service, according to Bloomberg sources. The suspension represents a significant regulatory intervention in China's autonomous vehicle rollout.
OpenAI's chief revenue officer Denise Dresser sent employees a memo outlining five strategic priorities including a new model codenamed 'Spud' that will make all products 'significantly better,' while directly challenging Anthropic's claimed revenue figures and market position.
AI firm Anthropic registered 'AnthroPAC,' an employee-funded political action committee, while facing a growing dispute with the Pentagon over AI use and questions about political balance with the Trump administration.
Morgan Stanley priced its proposed spot Bitcoin ETF (MSBT) at 14 basis points, undercutting all existing competitors and potentially launching in early April. Bloomberg analysts called it a 'big move' that could drive significant inflows given the bank's 16,000 financial advisors managing $6.2 trillion in client assets.
