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Musk, Ramaswamy outline ‘drastic’ cuts as US gov’t efficiency tsars

Trump allies say they will ‘liberate individuals and businesses from illicit regulations never passed by Congress’. Elon Musk and Vivek Ramaswamy, United States President-elect Donald Trump’s incoming “efficiency” tsars, have outlined plans for a “drastic reduction” in regulations and “mass head-count reductions”. In an op-ed in the Wall Street Journal on Wednesday, Musk and Ramaswamy […]

US finalises restrictions on AI, semiconductor investments in China

Treasury Department says curbs will ensure US investment does not advance technologies that threaten national security. The United States has finalised rules that limit investments in critical technology sectors in China such as artificial intelligence on national security grounds, the Treasury Department has announced. The restrictions will bar US citizens and permanent residents, as well […]