Politics Archive

We already reported that Geely, which also owns Volvo and Polestar, is the Chinese automaker best positioned to sell its vehicles in the US. Now the company is reportedly in talks with Ford about that exact possibility — though it seems that negotiations have already stalled. Ford is considering licensing Geely’s tech for its own cars, but there are heavy restrictions on Chinese software in US vehicles.

The criminal inquiry into Federal Reserve Chair Powell is widely perceived as retaliatory. The DOJ’s decision to end the investigation is also potentially politically motivated, as Senator Thom Tillis was blocking a vote on Trump’s choice to succeed Powell, Kevin Warsh, unless it was dropped.

He threatened to “put a big tariff on the UK” if it doesn’t drop its tax on the revenue of tech giants, despite the Supreme Court ruling that he can’t actually do that. The president still thinks the tax, which brought in £944m ($1.3bn) last year, unfairly targets US companies.

As first reported by ABC News and now confirmed by the DOJ, federal investigators believe special forces soldier Gannon Ken Van Dyke put down $33k on prediction market bets about Venezuelan president Nicolas Maduro being removed from office, just before Trump announced his capture in January, profiting over $400,000.

RFK Jr. has declared that AI could make the FDA “irrelevant,” with entirely predictable effects on The Verge’s long-suffering health and wearable expert Victoria Song.

The prediction market took action against a handful of congressional candidates: Ezekiel Enriquez (a Republican running in Texas); Mark Moran (an Independent in Virginia, who says he meant to get caught); and Matt Klein (a Democrat in Minnesota) for betting in markets related to their political races. Each was banned from the platform for five years and fined modest amounts ranging from several hundred to several thousand dollars.