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President-elect Donald Trump on Wednesday tapped Gail Slater, an antitrust veteran and economic adviser for JD Vance, to lead the Department of Justice’s antitrust division and take charge of a full docket of blockbuster monopoly cases against companies including Google, Visa and Apple.

Slater is expected to continue the department’s crackdown on Big Tech, including cases brought during Trump’s first term in the White House, Trump wrote in a post on his social media platform.

“Big Tech has run wild for years, stifling competition in our most innovative sector and, as we all know, using its market power to crack down on the rights of so many Americans, as well as those of Little Tech!” Trump said.

Slater served on the White House’s National Economic Council in 2018, where she worked on Trump’s executive order on national security concerns over Chinese telecommunications equipment.

Before joining Vance’s office, Slater worked at Fox Corp. and Roku.

Vance, the vice president-elect, has said antitrust officials should take a broader approach to antitrust enforcement, and praised the work of Federal Trade Commission Chair Lina Khan.

Slater grew up in Dublin, Ireland, and began her law career in London at Freshfields Bruckhaus Deringer, which brought her to Washington.

She spent 10 years at the FTC, first as an antitrust attorney where she brought cases to block mergers including Whole Foods’ acquisition of organic grocer Wild Oats, and later as an adviser to then-commissioner Julie Brill, who later became an executive at Microsoft.

Slater also represented Big Tech companies including Amazon and Google at a now-defunct trade group called the Internet Association.

She is still viewed as an antitrust hawk among Washington tech skeptics, who welcomed her appointment.

Garrett Ventry, a former adviser to Republicans in Congress and founder of GRV Strategies, said Slater’s nomination shows Trump is “serious about taking on Big Tech.”

“Antitrust enforcement is here to stay,” Ventry said.

The Tech Oversight project, a group that backed the work of Biden’s DOJ antitrust chief, Jonathan Kanter, said the nomination shows antitrust has staying power as a bipartisan political issue.

“Gail Slater is a strong candidate to continue that work,” said Sacha Haworth, the group’s executive director.

Slater will take over a number of high-profile cases in which some of the world’s largest companies are accused of illegally building and protecting monopolies.

Trump said Slater will “ensure that our competition laws are enforced, both vigorously and FAIRLY, with clear rules that facilitate, rather than stifle, the ingenuity of our greatest companies.”

The appointment would put Slater in charge of the DOJ’s bid to make Google sell off its Chrome browser and take other measures to curb its dominance in online search.

The DOJ filed the case in 2020, during the first Trump administration. But the proposals for fixes came under Kanter.

The judge overseeing the case has said Trump officials will not get extra time to reevaluate the proposals ahead of an April trial.

Google faces a second battle with the DOJ over its online advertising technology, while Apple faces allegations that it monopolized the US smartphone market.

Kanter also filed the DOJ’s first case alleging algorithmic price fixing against property management software company RealPage.

In another case, the DOJ is seeking to break up LiveNation and TicketMaster over practices that prosecutors say harm eventgoers and artists.

Slater would have wide latitude over the cases, though most are also being pursued by bipartisan state coalitions.

A case the DOJ brought in September alleging Visa unlawfully dominates the market for debit card payment processing does not involve state antitrust regulators.

Slater would also be in a position to continue or end probes, such as an investigation into Nvidia, the chip company that rode the artificial intelligence boom to become one of the world’s most valuable companies.

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Crypto rules for mortgages must reflect self-custody reality

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Crypto rules for mortgages must reflect self-custody reality

Crypto rules for mortgages must reflect self-custody reality

The FHFA directive on crypto in mortgage risk assessments risks excluding self-custodied assets, potentially increasing counterparty risk for homebuyers.

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Technology

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares

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Nvidia CEO Jensen Huang sells an additional .94 million worth of shares

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025.

I-hwa Cheng | Afp | Getty Images

Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission. 

Friday’s sale is part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company. Earlier this week, Huang sold 225,000 shares of the chipmaker, totaling about $37 million, according to a separate SEC filing. The CEO began trading stock per the plan last month.

Surging demand for AI and the graphics processing units that power large language models has significantly boosted Huang’s net worth and pushed Nvidia’s market capitalization beyond $4 trillion, making it the world’s most valuable company.

Nvidia announced this week that it expects to resume sales of its H20 chips to China soon, following signals from the Trump administration that it would approve export licenses. Earlier this year, U.S. officials had stated that Nvidia would require special permission to ship the chips, which are specifically designed for the Chinese market.

“The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon,” the company said in a statement on Tuesday. Huang said during a news conference on Wednesday in Beijing that he wants to sell chips more advanced than the H20 to China at some point.

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Science

Hubble Uncovers Multi-Age Stars in Ancient Cluster, Reshaping Galaxy Origins

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Hubble Uncovers Multi-Age Stars in Ancient Cluster, Reshaping Galaxy Origins

Astronomers call ancient star clusters like NGC 1786 “time capsules” for their galaxy, preserving some of its oldest stars. A new image from NASA’s Hubble Space Telescope offers an unprecedented close-up of this dense cluster 160,000 light-years away in the Large Magellanic Cloud. Hubble’s data show that NGC 1786 contains stars of different ages – a surprising find, since such clusters were once thought to hold a single stellar generation. This multi-age discovery is reshaping our view of how galaxies built their first stars, and suggests more complex early history.

Mixed-Age Stars in a Galactic Time Capsule

According to the official source, this Hubble image shows the globular cluster NGC 1786, a ball of densely packed stars in the Large Magellanic Cloud about 160,000 light-years from Earth. Astronomers captured this picture as part of a program comparing ancient clusters in nearby dwarf galaxies (like the LMC) with clusters in our own Milky Way. The surprising discovery is that NGC 1786 hosts stars of multiple ages. In fact, astronomers expected all stars in such a cluster to form at the same time, so finding multiple stellar generations was unexpected. This suggests even ancient clusters in other galaxies have more complex, layered histories than scientists expected.

Clues to Galaxy Evolution

For astronomers, the discovery provides clues to galaxy formation. Each globular cluster is like a snapshot of its galaxy’s past, so finding multiple stellar generations implies the Large Magellanic Cloud built its stars in stages rather than all at once. By comparing NGC 1786 to clusters in the Milky Way, researchers can retrace how both galaxies assembled their oldest stars. As one NASA scientist notes, this study “can tell us more not only about how the LMC was originally formed, but the Milky Way Galaxy, too”. Overall, the discovery supports a picture of gradual galactic growth through multiple waves of star formation and mergers, rather than a single early burst.

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