Technology
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Technology
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Trump media merger wins extension
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The blank-check company attempting to take former President Trump’s social media platform public will get another year to finalize the merger.
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Shareholders in the Digital World Acquisition Corp. (DWAC) voted to grant the company a one-month extension to close the deal with Trump Media & Technology Group, according to multiple reports.
“Thank you for all of the outstanding support,” DWAC CEO Eric Swider said in a Truth Social post Tuesday.
“Please understand my silence. We remain focused on the task at hand and are watching every word we say.”
The extension came just days before the Sept. 8 deadline and is the company’s second yearlong extension.
The agreement is the latest chapter in the ongoing troubled merger between DWAC and Truth Social’s parent company, my colleague Julia Shapero reported.
Read more in a full report at TheHill.com.
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Welcome to The Hill’s Technology newsletter, I’m Rebecca Klar — tracking the latest moves from Capitol Hill to Silicon Valley.
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How policy will be impacting the tech sector now and in the future:
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A famed hacker and former Twitter employee who alleged widespread security deficiencies at the company is joining the Biden administration via a job with the Cybersecurity and Infrastructure Security Agency (CISA). The whistleblower, Peiter “Mudge” Zatko, will be joining in a part-time position at the agency, CISA announced Tuesday. The news was first reported by The Washington Post. CISA Director Jen Easterly …
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The attorneys general in all 50 states are calling on Congress to look into how artificial intelligence (AI) can exploit children through pornography and put forward legislation to address it. “We are engaged in a race against time to protect the children of our country from the dangers of AI,” the prosecutors wrote in a Tuesday letter to Congressional leadership. “Indeed, the proverbial walls of the city have already …
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Tech billionaire Elon Musk accused the Anti-Defamation League (ADL) of “trying to kill” X, the platform formerly known as Twitter, and threatened a lawsuit against the group, whose stated purpose is to fight antisemitism and hate speech. In a series of X posts Monday, Musk — the owner of the social media platform — accused the hate-speech watchdog group of “falsely accusing” him of being antisemitic, resulting in what he claimed …
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News we’ve flagged from the intersection of tech and other topics:
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Zoom makes AI tool available for paid users
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Zoom is making its artificial intelligence feature, AI Companion, available to users with paid accounts after first launching it as a free trial feature, Mashable reported.
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How Twitter users are warning of junk ads
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Twitter users are warning others about junk ads through community notes features, Motherboard reported.
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Branch out with other reads on The Hill:
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Cluster munition deaths in Ukraine pass Syria, fueling rise in a weapon the world has tried to ban
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AIN SHEEB, Syria (AP) — More than 300 people were killed and over 600 wounded by cluster munitions in Ukraine in 2022, according to an international watchdog, surpassing Syria as the country with the highest number of casualties from the controversial weapons for the first time in a decade. Russia’s …
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BUENOS AIRES, Argentina (AP) — If a baby was taken from their parents four decades ago during Argentina’s military dictatorship, what would that person look like today? Argentine publicist Santiago Barros has been trying to answer that question using artificial intelligence to create images …
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Two key stories on The Hill right now:
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New York Attorney General Letitia James (D) in a new filing asked a state judge to sanction former President Trump, his two adult sons and their legal … Read more
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A three-judge panel struck down Alabama’s new congressional map Tuesday, finding the GOP-led state fell short of complying with the Supreme Court’s … Read more
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Opinions related to tech submitted to The Hill:
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You’re all caught up. See you tomorrow!
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