the news bizz

Andreessen Horowitz’s plan to push its agenda in Washington shows no sign of slowing down, with the firm reporting $1.49 million in federal lobbying so far this year, according to lobbying records filed with Congress. a16z is even narrowly outspending its own industry trade group, the National Venture Capital Association. The pace of lobbying appears … Read more

Months before a jury awarded a $242.5 million verdict against Tesla over its culpability in a 2019 fatal crash, the automaker had a chance to settle for $60 million. Instead, Tesla rejected that offer, according to new legal filings that were first reported by Reuters. The settlement proposal, which was made in May, was disclosed … Read more

Elon Musk’s X and xAI filed a lawsuit against Apple and OpenAI on Monday, alleging that the two companies are colluding to stifle competition. “In a desperate bid to protect its smartphone monopoly, Apple has joined forces with the company that most benefits from inhibiting competition and innovation in AI: OpenAI, a monopolist in the … Read more

Meta’s former policy chief Nick Clegg seems to be walking a tightrope as he promotes his upcoming book, “How to Save the Internet.” Unlike certain other Meta employee memoirs, “How to Save the Internet” doesn’t sound like a tell-all or a scathing critique. And in an interview with the Guardian, Clegg (who previously led the … Read more

Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law. In a blog post published on Friday, the company explains that, as a small team, it doesn’t have the resources to make the substantial technical changes this … Read more