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The Latest Breaking News from David Sacks

David Sacks Calls Universal Basic Income A Leftist Fantasy. As Trump's AI Czar, He Says 'Everyone On Welfare' Just Isn't Realistic

Investor David Sacks, President Donald Trump's artificial intelligence czar, is back in the spotlight after blasting the idea of universal basic income and warning against global efforts to regulate AI. He says the growing enthusiasm for UBI is more political fiction than serious policy.

Benzinga

X CEO Yaccarino Splits With Elon Musk After Two Years, Says 'Best Is Yet To Come' For Social Platform

Linda Yaccarino is moving on from social media platform X, two years after joining the company, which is owned by billionaire Elon Musk.

Benzinga

Big Tech is racing to build AI data centers—just as Accenture warns carbon emissions could surge 11x

Accenture says AI’s carbon surge can be avoided—but as Big Tech races to build ever-larger data centers, the question is whether anyone’s really trying.

Fortune

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Peter Thiel’s Palantir poses a grave threat to Americans

Working with the Trump administration, the data company could be used to target the president’s opponents

The Guardian - US

Trump's Crypto Advisor David Sacks Says July Will Be A 'Big Month' — Says President Supports Legislation On Market Structure And Stablecoins

President Donald Trump's crypto and AI advisor, David Sacks, praised on Thursday the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.

Benzinga

White House crypto and AI adviser warns China catching up to the U.S. — 'Before DeepSeek, people thought that Chinese AI models were years behind and we realized that they are only months behind'

White House crypto and AI czar David Sacks shared his concerns over Chinese chipmakers getting too close to U.S. tech capabilities for comfort. Sacks estimates Huawei's growth has been helped by overly strict computer hardware export rules, making international customers less likely to buy American.

Tom’s Hardware

Trump's AI czar echoes Jen-Hsun, says China's AI models are 'maybe three to six months' behind the US—while also arguing for ever fewer AI regulations in the US

AI anxieties laid bare.

PC Gamer

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JD Vance silence on Musk may be the most Game of Thrones tactic ever — and Trump might not even notice

ANALYSIS : ANALYSIS: The vice president is usually the first to rush to the defense of his boss, but he has remained conspicuously quiet in the face of a barrage of abuse from the man who could make him king, writes Richard Hall

The Independent UK

Who you will and who you won’t see at Donald Trump Jr’s DC private members’ club

Executive Branch will have no media, likely no Bush-era Republicans, and not just ‘any Saudi businessman,’ report says

The Independent UK

Peter Thiel’s protégés: a common thread runs through Trump’s tech team

Vice President J.D. Vance and Elon Musk are among Thiel's Silicon Valley collaborators that now find themselves in Trump's D.C. circle.

Fortune

White House drops Biden-era export rules aimed at curbing China's chip access

The White House is dropping a Biden-era export rule that was affecting many more countries than just those targeted.

TechRadar

The 141 executive orders Trump signed in his first 100 days

100 days of Trump

The Guardian - US

Trump Praises Musk As Chief Disruptor Eyes Exit

US President Donald Trump on Wednesday said Tesla boss Elon Musk could stay working for the White House as long as he wanted but understood the tycoon wanted to get back to his businesses.

International Business Times

Donald Trump Jr launches ‘Executive Branch’ membership club with $500k fees

The club’s founding members include entrepreneur David Sacks and the Winklevoss twins

The Independent UK

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International Business Times

Bitcoin Conference 2025: Top Speakers Include Trump-Pardoned Ross Ulbricht, White House's David Sacks

Bitcoin 2025 is drawing near, and this time, some quite interesting characters are due to grace the event as speakers, including Silk Road's Ross Ulbricht, Miss Universe El Salvador 2022 Alejandra Guajardo, and American HODL.

Fortune

Trump’s senior crypto advisor donated $1M in campaign advertisements to top Trump Super PAC one week before election

Bo Hines also served as the CEO of an “anti-woke,” Gen Z-focused digital news platform that partnered with a Trump-affiliated memecoin.

Fortune

Donald Trump’s 29-year-old crypto guru lays out the president’s plans for regulating crypto and rolling back a Biden-era crackdown

Since his appointment, Bo Hines has become a mini-celebrity in the crypto world—with CEOs, billionaire investors, and lobbyists vying for face time.

Fortune

Inside the crypto industry’s Faustian bargain with President Trump

29-year-old Bo Hines is leading crypto policy at the White House. But will economic volatility upend the sector’s progress?

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The Guardian - US

US stocks fall again as ex-Fed chair decries ‘self-inflicted wound’ of Trump’s tariffs

Sell-off comes amid anger from Democrats over retreat that rattled markets, while Republicans praise Trump’s ‘art of the deal’ in action

inkl

Crypto Power Play: Trump’s Executive Order and the Future of Digital Assets

On March 6, 2025, U.S. President Donald Trump issued an executive order to establish a Strategic Bitcoin Reserve alongside a stockpile of other cryptocurrencies—including Ethereum, XRP, Solana, and Cardano—both managed by the Treasury Department. This move represents a significant shift in the United States' approach to digital currencies, as the…

International Business Times

Trump's Bitcoin Reserve A 'Digital Fort Knox'

The creation of a "Strategic Bitcoin Reserve" in the United States is further proof of President Donald Trump's support for the cryptocurrency sector.

Fortune

U.S. crypto czar's $200 million portfolio held Bitcoin, Coinbase, and Robinhood

The AI and crypto czar divested a substantial portfolio of crypto holdings before he entered the White House, according to a memo.

The Guardian - US

US rise of cryptocurrency and fall of regulation pose ‘profound risks’ – report

Center for Political Accountability, which advocates for corporate disclosure, warns of fallout from Trump’s efforts

The Independent UK

Trump tells crypto leaders at White House summit he's committed to helping their industry

President Donald Trump said Friday that he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration

Fortune

Trump holds long-awaited crypto summit, calls for bill 'on his desk' before August

"Never sell your Bitcoin. That's a little phrase that they have," Trump said during a Friday press conference. "I don't know if that's right or not."

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