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Tag: Trump administration

Trump officials enlisted to pass legislation to bolster American semiconductor competition with China

Monday, March 21, 2022 9:14 am80 Comments

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

Friday, January 15, 2021 9:06 am19 Comments

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

Tuesday, December 8, 2020 1:27 pm42 Comments

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

Friday, November 13, 2020 6:01 pm46 Comments

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

Thursday, October 22, 2020 3:06 pm29 Comments

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

Thursday, October 8, 2020 11:01 am24 Comments

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?

Wednesday, October 7, 2020 4:27 pm25 Comments

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

Monday, September 28, 2020 8:47 am100 Comments

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

Friday, September 11, 2020 2:30 pmFriday, September 11, 202027 Comments

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

Friday, August 28, 2020 12:15 pm9 Comments

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

Thursday, August 27, 2020 12:42 pmThursday, August 27, 20204 Comments

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

Tuesday, August 11, 2020 12:32 pm7 Comments

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

Monday, August 10, 2020 11:25 pm8 Comments

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

Monday, August 10, 2020 1:02 pm33 Comments

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

Tuesday, August 4, 2020 2:52 pmTuesday, August 4, 20204 Comments

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

Wednesday, July 29, 2020 12:53 am4 Comments

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

Tuesday, July 14, 2020 10:07 am13 Comments

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

Wednesday, June 24, 2020 9:03 am1 Comment

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

Tuesday, June 9, 2020 10:24 am6 Comments

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

Tuesday, May 26, 2020 8:56 amTuesday, May 26, 20201 Comment

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

Monday, May 25, 2020 11:09 amTuesday, May 26, 20205 Comments

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

Friday, May 22, 2020 5:37 pm14 Comments

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

Thursday, May 21, 2020 12:27 pmThursday, May 21, 202024 Comments

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

Monday, May 18, 2020 10:20 am2 Comments

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

Sunday, May 17, 2020 1:59 pm7 Comments

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

Friday, May 15, 2020 3:35 pmFriday, May 15, 2020140 Comments

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

Thursday, May 14, 2020 4:14 pm21 Comments

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

Monday, April 27, 2020 11:03 amMonday, April 27, 202030 Comments

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

Wednesday, March 18, 2020 3:07 pm4 Comments

Trump administration officials are working with congressional Republicans on an emergency stimulus package that could send a total of $2,000…

Trump administration plans to send all Americans money amid COVID-19 pandemic

Wednesday, March 18, 2020 12:08 pmWednesday, March 18, 202044 Comments

On Tuesday, U.S. Treasury Secretary Steve Mnuchin said that the Trump administration plans to send money to Americans immediately…

Dow rebounds by 1,000 points as President Trump reportedly seeks $1 trillion coronavirus stimulus package

Tuesday, March 17, 2020 3:33 pmTuesday, March 17, 20203 Comments

Stocks surged in volatile trading Tuesday as Wall Street cheered reports of White House coronavirus stimulus plans and new actions by the Fed…

U.S. postpones April 15 tax payments for 90 days for most Americans

Tuesday, March 17, 2020 3:07 pm1 Comment

In an unprecedented move, the U.S. government will postpone the April 15 deadline for tax payments for millions of individuals, giving Americans…

U.S. Apple Retail Stores closed ‘until further notice’

Tuesday, March 17, 2020 12:40 pmNo Comments

Apple’s retail stores are closed ‘until further notice,’ according to a notice posted on Apple.com on Tuesday. Last Friday, Apple announced…

Stocks surge as President Trump declares national emergency to speed U.S. coronavirus response

Friday, March 13, 2020 4:40 pmFriday, March 13, 202033 Comments

Stocks rallied Friday after President Trump said leaders of many large companies in the United States had agreed to help with widespread efforts to test…

Trump administration discusses coronavirus response with tech firms

Thursday, March 12, 2020 9:29 am20 Comments

Trump administration officials, including U.S. Chief Technology Officer Michael Kratsios who led the call, discussed the response to the coronavirus…

Trump administration to meet with Apple, others to discuss ways to control coronavirus outbreak

Tuesday, March 10, 2020 8:24 pmWednesday, March 11, 202036 Comments

Trump administration officials will meet reps from Apple and other large tech companies on Wednesday to coordinate efforts over the coronavirus outbreak…

Trump administration got Apple Retail Stores into India

Monday, March 2, 2020 9:43 am22 Comments

Apple CEO Tim Cook said that the Trump administration successfully lobbied the Indian government to get Apple Retail Stores into India …

Apple CEO Tim Cook signs statement urging the U.S. to stay in the Paris Agreement

Monday, December 2, 2019 5:21 pmMonday, December 2, 201927 Comments

Despite having a seemingly cordial relationship with President Trump, Apple CEO Tim Cook reiterated one grave area of disagreement on Monday…

Dow, S&P 500, and Nasdaq hit record highs after White House economic advisor Kudlow signals U.S.-China trade deal getting close

Friday, November 15, 2019 10:02 amFriday, November 15, 20193 Comments

The Dow Jones Industrial Average hit a new record high today after the Trump administration’s National Economic Council director Larry Kudlow said…

Can Apple avoid U.S. import tariffs again?

Tuesday, October 8, 2019 4:39 pm3 Comments

Apple will soon face another big test in the Trump administration’s continuing trade war. With sales of its latest device lineup in full swing…

Made in America: Apple to build new, insanely powerful Mac Pro in Texas after securing tariff relief

Monday, September 23, 2019 2:02 pmMonday, September 23, 201917 Comments

As part of its commitment to US economic growth, Apple today confirmed that its newly redesigned Mac Pro will be manufactured in Austin, Texas. Apple CEO Tim Cook said, “We believe deeply in the power of American innovation. That’s why every Apple product is designed and engineered in the U.S.”

Apple CEO Tim Cook has met with President Trump five times in past year

Saturday, August 17, 2019 10:40 am9 Comments

Apple CEO Tim Cook has met with U.S. President Donald Trump at least five times over the past year…

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