Ex-Google CEO: China is 6 months behind US on AI and has 'infinite energy'

The Hill - Oct 28, 2026

Former Google CEO Eric Schmidt said China is now just six months behind the U.S. in the global race to develop AI, warning that China has a major advantage when it comes to energy. In an interview with Fast Company released Wednesday, Schmidt said the gap between the two countries has narrowed dramatically over the...

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Treasury sanctions North Koreans, Russians for alleged IT fraud

Oct 28, 2026

Treasury sanctions North Koreans, Russians for alleged IT fraud

The Treasury Department on Wednesday sanctioned 10 individuals and one entity involved in an alleged scheme to defraud American businesses to benefit the North Korean military. The department’s Office of Foreign Assets Control (OFAC) sanctioned eight North Korean nationals and two Russian nationals, accusing them of facilitating a government-run information technology (IT) scheme to generate...

Kalshi defends Platinum program against scrutiny from Democrats

Oct 28, 2026

Kalshi defends Platinum program against scrutiny from Democrats

Kalshi argued Tuesday that its VIP program and platform are "fundamentally different" from those offered by sportsbooks, after several Democratic lawmakers expressed concerns over loyalty programs at both prediction markets and sportsbooks. In a letter shared first with The Hill, the company suggested Kalshi Platinum has no "predatory incentives" because of its distinct business model....

KISS's Gene Simmons on AI in music industry: 'Learn how to use it, otherwise it will use you'

Oct 28, 2026

KISS's Gene Simmons on AI in music industry: 'Learn how to use it, otherwise it will use you'

Gene Simmons of KISS fame is urging the music world to get on board with artificial intelligence. The "Rock and Roll All Nite" singer was asked about his stance on AI on NewsNation's "The Hill with Blake Burman" on Tuesday, and whether the technology will be "good or bad" for music. The Hill and NewsNation...

Silicon Valley braces for firestorm of Dem scrutiny in 2027

Oct 28, 2026

Silicon Valley braces for firestorm of Dem scrutiny in 2027

Silicon Valley is bracing for a firestorm of scrutiny should Democrats take control of Congress next year, underscoring how the industry’s efforts to get on President Trump’s good side last year became a political liability. After two years of a GOP-controlled House and Senate, Democratic lawmakers are expected to bring the heat on tech firms,...

Guardrails Alliance hits Husted over ties to Marc Andreessen in new ad

Oct 27, 2026

Guardrails Alliance hits Husted over ties to Marc Andreessen in new ad

Super PAC Guardrails Alliance will launch a digital ad campaign Wednesday seeking to tie Ohio Sen. Jon Husted (R)'s past support for data centers to campaign donations he received from tech executives like venture capitalist Marc Andreessen. The 30-second ad, first shared with The Hill, highlights Andreessen's past donations to Husted's Senate run against former...

Democrats prep for election interference as Trump administration makes moves

Oct 27, 2026

Democrats prep for election interference as Trump administration makes moves

Democrats are preparing for potential election interference after a series of remarks from President Trump and actions from his administration targeting a swath of states. The Department of Justice (DOJ) preemptively filed a lawsuit last week in Alaska that could block certification of results if Republican Sen. Dan Sullivan loses reelection, arguing that a win...

McCain predicts Elizabeth Holmes will get a Trump pardon

Oct 27, 2026

McCain predicts Elizabeth Holmes will get a Trump pardon

Meghan McCain, former Sen. John McCain’s (R-Ariz.) daughter, predicts that convicted Theranos founder Elizabeth Holmes will get a pardon from President Trump. “One of my hottest, hot takes is that Elizabeth Holmes will eventually get a Trump pardon,” McCain wrote on the social platform X. She shared her thoughts in another post, asking comedian and...

CFTC sues to block Utah from enforcing gambling laws against prediction markets

Oct 27, 2026

CFTC sues to block Utah from enforcing gambling laws against prediction markets

The Commodity Futures Trading Commission (CFTC) announced on Tuesday that it has filed a lawsuit against the state of Utah to stop the state’s efforts to shut down CFTC-registered contract markets. The lawsuit follows a lengthy battle the state has been fighting against prediction markets. In August, a federal judge in Utah ruled that the...

FEC electronic filing system hit with hours-long outage

Oct 27, 2026

FEC electronic filing system hit with hours-long outage

The Federal Election Commission's electronic filing system has been down for hours on Tuesday, according to a spokesperson who confirmed the agency's IT teams are working to restore the service. According to the FEC's incident update page, the agency said Monday night it is "investigating this issue," stating the FEC filing system is down. An...

DCCC pushes for ads targeting GOP on AI, data centers in dozens of key House races

Oct 27, 2026

DCCC pushes for ads targeting GOP on AI, data centers in dozens of key House races

The Democratic Congressional Campaign Committee (DCCC) is pushing for advertising targeting Republican candidates over their record on AI and data centers in dozens of key House races, as technology-related issues take on new significance in the midterm elections. In a report shared first with The Hill, the Tech Oversight Project noted that House Democrats' official...

Kalshi expands protections for users aged 18-20

Oct 27, 2026

Kalshi expands protections for users aged 18-20

Prediction market platform Kalshi is expanding protections for young traders aged 18-20, which includes a new monthly deposit limit.   Accounts in the age range will now have a $2,500 monthly deposit limit, Kalshi announced in a press release Tuesday. They will be automatically placed into “special accounts” that will have extra protections and built-in...

Trump says he will ban the term artificial intelligence

Oct 27, 2026

Trump says he will ban the term artificial intelligence

President Trump said Tuesday that he was banning the term artificial intelligence “in all relevant documents and everything else.” “In short order, we will be officially BANNING the term, ‘AI/Artificial Intelligence,’ in all relevant documents, and everything else, due to its inaccuracy,” he wrote on Truth Social. Trump hit on The Wall Street Journal for...

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