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Malaysia will require trade permits for U.S. AI chips

Malaysia is taking on a bigger role in helping the U.S. prevent advanced AI chips from ending up in China. The Malaysian Ministry of Investment, Trade and Industry announced new restrictions on exporting AI chips of U.S. origin out of its country on Monday. Individuals and companies are now required to notify Malaysian authorities at … Read more

xAI gets permits for 15 natural gas generators at Memphis data center

County regulators yesterday granted xAI permits to operate 15 natural gas turbines at its data center outside Memphis, despite the threat of a lawsuit. Elon Musk’s AI company has been operating as many as 35 generators without permits, the Southern Environmental Law Center (SELC) said. Altogether, they’re capable of producing up to 421 megawatts of … Read more

xAI is facing a lawsuit for operating over 400 MW of gas turbines without permits

The Colossus data center operated by xAI outside of Memphis is facing a lawsuit for operating a fleet of natural gas turbines without permits. “Over the past year, xAI has installed and operated at least 35 combustion turbines and other sources of air pollution at the Colossus site without ever obtaining the necessary preconstruction or … Read more

SEC permits Dell to dismiss shareholder Bitcoin proposal

Key Takeaways Shareholders want Dell to embrace Bitcoin, but the SEC rules proposal can be dropped. Dell argued the proposal concerned ordinary business operations and should remain under management’s control. Share this article The US SEC has granted multi-billion dollar tech firm Dell Technologies permission to exclude a shareholder proposal that would have required the … Read more

UK says transfer of deep-sea mining permits could prompt security review

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The UK government is pushing for a domestic buyer to take over the deep-sea mining exploration licences it sponsors in the Pacific Ocean, as it seeks to get ahead in the global race … Read more

Trump revokes permits for oil companies in Venezuela to pressure Maduro

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration is revoking a number of permits and licences that enable western oil companies to do business in Venezuela, as it ratchets up economic and diplomatic pressure on President Nicolás Maduro. … Read more

US court permits Three Arrows Capital to expand claim against FTX, rejects FTX’s objections

A U.S. bankruptcy court has allowed the liquidators of the defunct crypto hedge fund Three Arrows Capital to substantially increase its claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion. In a March 13 ruling by the US Bankruptcy Court for the District of Delaware, the judge ruled that FTX is … Read more

Airbnb is suing New Orleans over new rules requiring platforms to verify owners have permits for short-term rentals

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