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  • Trump picks Andrew Ferguson to replace Lina Khan as FTC chair

Dec 11, 2024

Trump picks Andrew Ferguson to replace Lina Khan as FTC chair

Bay Area Times
Bay Area Times

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Top stories today:

  1. Trump picks Andrew Ferguson to replace Lina Khan as FTC chair
  2. WordPress parent Automattic must stop blocking WP Engine: court
  3. Apple’s next Ultra Watch said to enable text messages via satellite
  4. Alphabet stock +5% following Willow quantum chip announcement
  5. GM shuts down robotaxi business Cruise, citing high costs
  6. OpenAI updates ChatGPT’s Canvas, expands it to all users

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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of the few hallucinations):

1. Trump picks Andrew Ferguson to replace Lina Khan as FTC chair

  • Ferguson is currently a Republican member of the FTC.

  • He has ā€œa proven record of standing up to Big Tech censorship,ā€ Trump said.

  • Additionally, Mark Meador was selected as an FTC commissioner (3 out of 5 will be Republicans). He was previously a staffer to Utah Senator Mike Lee.

  • Jacob Helberg will be the next Under Secretary of State for Economic Growth, Energy, and the Environment.

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3. WordPress parent Automattic must stop blocking WP Engine, court rules

  • California court ordered Automattic to restore WP Engine’s WordPress.org access.

  • Stop interfering with WP Engine’s plugins, the judge ruled.

  • The injunction follows WP Engine’s lawsuit against Automattic and CEO Matt Mullenweg for ā€œirreparable harm.ā€

  • Automattic will also have to remove its site for tracking WP Engine customers.

4. Apple’s next Ultra Watch said to enable text messages via satellite

Apple Watch Ultra 2 (2024 version).

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