In a major resolution to years of intense regulatory scrutiny and national security debates, TikTok has finalized a transformative agreement…
Tag: Trump administration
Apple assembler Pegatron targets end-of-March completion for first American factory in Texas
Pegatron, a key supplier to Apple and other tech giants, has announced that construction of its first American factory in Texas is on track…
U.S. State Department halts issuing immigrant visas for 75 countries, including Somalia, Iran, Russia
The U.S. State Department has announced it is indefinitely suspending immigrant visa processing for applicants from 75 countries…
Apple and Big Tech could win big with potential American takeover of Greenland
As renewed talks of a U.S. acquisition of Greenland intensify under President Donald Trump, tech investors — including Magnificent Seven…
Apple free of U.S. tariffs on chips imported from China through June 2027
Apple has gained extra time to adjust to potential tariffs on chips imported from China, as any cost impact has been delayed until June 2027…
Apple to participate in Trump admin’s U.S. Tech Force to modernize government technology
The Trump administration has launched the U.S. Tech Force, a White House-backed program in which Apple will participate…
Developer of ICE tracking app ‘ICEBlock’ sues Trump administration after Apple’s App Store pulls it
On Monday, Joshua Aaron, creator of the widely used ICEBlock app — which allowed users to share real-time alerts about federal immigration…
Trump admin plans 1:1 chip production rule to curb overseas reliance
The Trump administration aims to encourage chipmakers to produce semiconductors domestically at volumes matching their customers’…
Trump admin examines equity stakes in other chip makers that received CHIPS Act funds
The Trump administration is exploring the possibility of the government acquiring equity stakes in Intel and other chipmakers in exchange…
Apple backs President Trump’s rare earth minerals push, invests $500 million in American mine
Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States…
U.S. opens first rare earths mine in over 70 years, backed by Trump administration
The U.S. opened its first new rare earths mine in over 70 years with the Brook Mine in Wyoming, which held its ribbon-cutting ceremony…
Apple supplier Texas Instruments to make historic investment of more than $60 billion across seven American semiconductor fabs
Texas Instruments on Wednesday announced its plans to invest more than $60 billion across seven American semiconductor fabs, the largest…
TSMC breaks ground on third Arizona chip fab marking 100th day of Trump admin
Major Apple supplier TSMC on Tuesday hosted U.S. Secretary of Commerce Howard Lutnick in Phoenix where the company broke ground…
Trump officials enlisted to pass legislation to bolster American semiconductor competition with China
The Commerce Secretary Gina Raimondo is enlisting former Trump officials on Monday to convince Congress to pass legislation bolstering…
China’s Xiaomi devices added to U.S. military blacklist, shares plunge
The shares of China’s Xiaomi, the world’s third-largest maker of smartphones, plunged in Hong Kong trade on Friday after the U.S. DOJ…
Market gains confidence as Trump admin sees U.S. end to COVID-19 crisis in Q2
The Trump admin’s chief of vaccine development, Dr. Moncef Slaoui, has said he believes the entire U.S. population could be inoculated by June
Trump administration grants ByteDance 15-day extension on order to divest TikTok
The Trump administration granted ByteDance a 15-day extension of a divestiture order that had directed the Chinese company to sell TikTok…
Apple lobbies White House for lower taxes to boost U.S. chip production
Apple has been lobbying the U.S. government on tax breaks to support domestic chip production. The company lobbied the White House…
Trump administration presses tech supply chain to cut ties with China
The Trump administration is making a concerted effort to press non-U.S. suppliers to move production out of China …
SCOTUS Justice Gorsuch: Apple’s didn’t need to copy anyone to invent iPhone, so why did Google?
Alphabet’s Google got a mixed reception at the U.S. Supreme Court as it sought to overturn a ruling that could force the company to pay…
U.S. judge temporarily blocks Trump admin’s ban on new TikTok downloads
A U.S. judge has temporarily blocked a Trump administration order that was set to bar Apple’s App Store from offering TikTok for download at…
China would rather see TikTok U.S. close than a forced sale
Beijing opposes a forced sale of TikTok’s U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut…
Trump administration: TikTok buyer will not be able to transfer data from American soil to Chinese servers
As the deadline looms for Chinese technology company ByteDance to sell off its popular video platform TikTok to an American company…
Walmart is teaming up with Microsoft in bid to acquire TikTok’s U.S. business
Walmart has confirmed it’s teaming up with Microsoft in a bid for ByteDance’s TikTok service.On August 14, U.S. President Trump ordered…
S&P 500 nears record high as U.S. stimulus bets climb
The S&P 500 closed in on its February peak on Tuesday on hopes for more U.S. stimulus., returning to levels prior to the reaction to COVID-19…
Trump administration announces U.S. spectrum auction to fuel 5G growth
In order to ramp up 5G network coverage in the United States, the Trump administration on Monday unveiled plans to auction off spectrum…
U.S. Treasury Sec. Mnuchin: Democrats now ‘willing to compromise’ on COVID-19 stimulus package
Treasury Secretary Steven Mnuchin said Monday that he believes Democrats are “willing to compromise” on a fourth COVID-19 stimulus package…
Apple denies reported interest in acquiring TikTok
Apple has denied interest in acquiring TikTok after an Axios story from earlier Tuesday reported that Apple was looking into a potential deal. The Trump…
EU imposes sanctions on China, moving closer to Trump administration’s tougher stance
On Tuesday, the European Union imposed sanctions on China over its treatment of Hong Kong moving the bloc closer to the Trump administration’s tougher…
Apple CEO Tim Cook and Ivanka Trump to tout job training
Apple CEO Tim Cook and IBM Chairman Ginni Rometty will join Ivanka Trump, a senior aide to and a daughter of President Donald Trump, to launch…
New U.S. government development agency could loan billions for reshoring, official says
U.S. government financing for reshoring projects to return critical supply chains to the United States as part of coronavirus response efforts could…
TSMC secures government subsidies and picks site for $12 billion U.S. plant
TSMC (Taiwan Semiconductor Manufacturing Co. Ltd.) has secured government subsidies for a planned $12 billion U.S. chip plant to be built in…
Apple set to break out in coronavirus market rally as Dow futures jump on vaccine hopes
Dow futures jumped Tuesday morning, along with S&P 500 and Nasdaq futures, amid continued coronavirus vaccine hopes. The coronavirus stock market rally …
Stock futures jump on Memorial Day as coronavirus stock market rally rolls on
On Monday morning, Dow Jones stock futures rose solidly, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day…
Doctor testing Moderna’s COVID-19 vaccine says it’s ‘mind-boggling’ that it may be ready this year
Emory University medicine professor Dr. Carlos del Rio told CNBC on Friday, “I am cautiously optimistic” that a COVID-19 vaccine could be ready this year…
Some Americans spend $1,200 stimulus checks on non-essentials including electronics
There’s evidence that some Americans are spending their $1,200 stimulus checks on non-essentials including electronics, video games, sporting goods…
U.S.-China fight over chipmaker TSMC rattles tech industry
On Friday, the Trump administration banned TSMC and rival chipmakers using American equipment from supplying China’s Huawei Technologies Co. without …
TSMC expands U.S. manufacturing with $12 billion chip fabrication plant
Last week, TSMC announced last week that is expanding its manufacturing footprint within the U.S. The new facility will be built in Arizona…
President Trump launches ‘Operation Warp Speed’ to find COVID-19 vaccine
President Trump announced “Operation Warp Speed” — a new initiative that is aimed at developing an effective COVID-19 vaccine …
Apple supplier TSMC to build multibillion-dollar chip plant in Arizona with Trump admin backing
In a potential realignment of global trade, TSMC is planning to build a multibillion-dollar chip plant in Arizona with Trump administration backing…
Trump administration lays the groundwork for quantum internet in the US
The Trump administration’s 2021 budget request contains $237 million in funding to support quantum information research. Quantum information science…
Trump Administration aims to send $2,000 to many Americans in coronavirus stimulus
Trump administration officials are working with congressional Republicans on an emergency stimulus package that could send a total of $2,000…
