Tech is building in the ruins again

Every 15 years or so, it seems, the US economy rolls into a ditch — and the tech industry pulls something remarkable out of its labs. Here we are again! Silicon Valley's favorite bank has failed, while its top firms continue to lay off hordes of workers — but, at the same time, industry leaders foresee vast new growth spurred by artificial intelligence (AI).

Democrats fear Biden's FCC nominee Gigi Sohn won't be confirmed

President Biden’s nominee for an open seat on the Federal Communications Commission, Gigi Sohn [Senior Fellow and Public Advocate at the Benton Institute for Broadband & Society], appears stalled in committee and is in danger of failing to reach the full Senate floor for a vote. If Sohn's nomination falters, the FCC will remain deadlocked with two Republican and two Democratic commissioners — hindering the Biden administration’s effort to implement key parts of the president’s agenda. After a contentious Commerce Committee hearing, Chair Maria Cantwell (D-WA) has yet to schedule a vote