{"id":17833,"date":"2025-02-22T12:37:30","date_gmt":"2025-02-22T11:37:30","guid":{"rendered":"http:\/\/costops.com\/index.php\/2025\/02\/22\/crypto-and-big-techs-backing-pays-off-as-trump-makes-tech-friendly-moves\/"},"modified":"2025-02-22T12:37:30","modified_gmt":"2025-02-22T11:37:30","slug":"crypto-and-big-techs-backing-pays-off-as-trump-makes-tech-friendly-moves","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/02\/22\/crypto-and-big-techs-backing-pays-off-as-trump-makes-tech-friendly-moves\/","title":{"rendered":"Crypto and big tech\u2019s backing pays off as Trump makes tech-friendly moves"},"content":{"rendered":"<p>Flurry of directives relaxes regulations and drop lawsuit \u2013 and billionaires who donated to Trump are ready to benefit<\/p>\n<p>The millions that US tech companies invested in currying favor with Donald Trump seemed to pay off this week as the new administration issued a flurry of directives that relaxed regulations and dropped lawsuits previously aimed at holding the industry to account. Crypto, AI and social media companies, many of which made donations to Trump, are all expecting to benefit.<\/p>\n<p>At the center of the administration\u2019s moves is Elon Musk, the world\u2019s richest man. Over the past week, federal agencies under the president\u2019s authority dropped legal fights against his rocket company and the US\u2019s biggest cryptocurrency exchange. The White House also issued a \u201cderegulatory initiative\u201d aimed at loosening tech-sector regulation by empowering Musk\u2019s Doge.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2025\/feb\/22\/crypto-big-tech-trump\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/67e07398d816ce1b8641f3af9a3e6936f211e2da\/0_213_6429_3857\/master\/6429.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=6168f5970a040ef9a0813ec19f0bed49\" title=\"Crypto and big tech\u2019s backing pays off as Trump makes tech-friendly moves\" \/>Flurry of directives relaxes regulations and drop lawsuit \u2013 and billionaires who donated to Trump are ready to benefit<br \/>\nThe millions that US tech companies invested in currying favor with Donald Trump seemed to pay off this week as the new administration issued a flurry of directives that relaxed regulations and dropped lawsuits previously aimed at holding the industry to account. Crypto, AI and social media companies, many of which made donations to Trump, are all expecting to benefit.<br \/>\nAt the center of the administration\u2019s moves is Elon Musk, the world\u2019s richest man. Over the past week, federal agencies under the president\u2019s authority dropped legal fights against his rocket company and the US\u2019s biggest cryptocurrency exchange. The White House also issued a \u201cderegulatory initiative\u201d aimed at loosening tech-sector regulation by empowering Musk\u2019s Doge. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flurry of directives relaxes regulations and drop lawsuit \u2013 and billionaires who donated to Trump are ready to benefit The millions that US tech companies invested in currying favor with Donald Trump seemed to pay off this week as the new administration issued a flurry of directives that relaxed regulations and dropped lawsuits previously aimed &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2025\/02\/22\/crypto-and-big-techs-backing-pays-off-as-trump-makes-tech-friendly-moves\/\"> <span class=\"screen-reader-text\">Crypto and big tech\u2019s backing pays off as Trump makes tech-friendly moves<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":17834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17833"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=17833"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/17834"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=17833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=17833"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=17833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}