CALIFORNIA

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Sep 06 2024BUSINESS

Robinhood's Cryptic Crypto Controversy: Lessons in Transparency for Traders and Regulators

It seems Robinhood (HOOD) got caught with its hand in the crypto cookie jar! The trading app giant reached a $3.9 million settlement with California over allegations that from 2018 to 2022, it failed to let customers withdraw their cryptocurrency purchases to external wallets. Instead, Robinhood (HO

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Aug 28 2024TECHNOLOGY

Elon Musk Takes a U-Turn: Backs California's AI Regulation Bill

In a surprising turn of events, Elon Musk, the CEO of Tesla and SpaceX, has endorsed a California bill that aims to regulate artificial intelligence (AI) technology. The billionaire entrepreneur, who has previously been critical of California's policies, expressed his support for SB 1047 on Monday

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