A Recap of Latest Developments in the Tech Industry

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A Recap of Latest Developments in the Tech Industry

In a significant move, President Donald Trump annulled Joe Biden's AI executive order, which required developers of AI systems with potential security threats to report safety test results to the U.S. government. This action marks one of Trump's initial acts in office regarding technology policy.

CEO of OpenAI, Sam Altman, has shown support for President Trump, a change from his previous commendation of Reid Hoffman for intervening in Trump's re-election. Additionally, Electronic Arts Inc. (EA) shared preliminary financial results, anticipating a decrease in live services net bookings due to a slowdown in Global Football, projecting revenue lower than expected.

Meanwhile, there have been bids to merge Perplexity with TikTok, with speculation that Elon Musk's X might outbid competitors. Ross Gerber, a prominent Tesla Inc. bull, expressed skepticism about the efficacy of an executive order in bypassing existing laws related to the TikTok ban.

Renowned investor Bill Ackman expressed admiration for Elon Musk's X and voiced concerns about the influence of TikTok on society. Premium users of Microsoft-owned LinkedIn have accused the platform of sharing private data for AI training purposes without permission.

Apple Inc. is set to include AI capabilities in the Mac's Mail app through the upcoming macOS 15.4 update. Additionally, Samsung Electronics Co. and Google are collaborating to develop augmented reality glasses, showing a promising future for AR technology.