The $44 billion deal Mr. Musk made to purchase Twitter is expected to close by Oct. 28. This is a way for the company to reassure employees about their jobs and their compensation. Twitter is trying to calm employees’ fears about Elon Musk’s imminent takeover of the company. This raises concerns about a seismic overhaul of …
Twitter tries to call employees as a deal with Elon Musk Read More »
Delaware judge gave Musk until October 28th to close the deal. Although the trial was scheduled to begin in less than a week it could still take place in November. The surprise return of Elon Musk to the bargaining table at Twitter this week might have been just the beginning of the long-running struggle for …
Judge grants Elon Musk’s request to delay his trial with Twitter Read More »
After trying to cancel a $44 million deal to buy the company, the billionaire made a surprise move. The drama and scale of the months-long battle to get Twitter bought by Elon Musk were immense. It is one of the most significant deals in the tech industry and has captured the imagination of the public …
Elon Musk suggests that Twitter be bought at its original price Read More »
Concerned over fears about Chinese threats to Taiwan The U.S. and others have attempted to increase their share of Taiwan’s semiconductor manufacturing. As Chinese warships practiced the blockade in Taiwan in March, they practiced the scenario that global politicians and leaders have been worried about not war, but the slowing down of the supply chains of electronic …
Taiwan Is Caught in the middle of a war over Microchips Read More »
The industrial policy debate is back in Washington and a massive semiconductor and science bill grants the government new authority over a strategically important industry. WASHINGTON Amid an escalating shortage of semiconductors and while lawmakers debated the need to increase U.S.-based manufacturing of chips, Intel went to the Biden administration with a plan that some …
Congress Is Giving Billions to the Chip Industry. The strings Are Attached. Read More »
The Commerce Department issued guidelines for companies that are seeking federal funds aimed at strengthening the industry of semiconductors in the US. WASHINGTON – The Department of Commerce on Tuesday revealed its plan to distribute $50 billion to build the U.S. semiconductor industry and fight China in what is likely to be the largest U.S. …
Biden Administration Releases Plan for $50 Billion Investment in Chips Read More »
While Congress was debating how and when to help American chipmakers as well as research into other technologies, China was surging ahead. In the months prior to when the House and Senate concluded 13 months of debate and approved the $ 280 billion CHIPS and Science Act, China’s largest, state-owned chip maker jumped a significant …
Chine is overtaking the U.S. in key technologies Read More »
A chip-making machine worth $150 million made by a Dutch company has turned into an instrument in the U.S.-Chinese battle. It also shows how ingrained the supply chain in the world is. President Biden and several members of Congress in Washington are concerned about computers and China’s plans to use the technology that is at the core …
Dutch supremacy in chip making. U.S. and China battling over the technology Read More »
Under review is a draft agreement between the Biden administration and China to ensure that the video app, which is owned by China, continues to be available in the United States. This could lead to more negotiations. Four people familiar with the discussions indicated that the TikTok and the Biden administration have reached a preliminary agreement to address …
TikTok Seems to Be Moving Toward U.S. Security Deal. But Hurdles Remain Read More »
British regulators sent a warning note to the company. This is the first major case under the new rules that protect minors online. TikTok, a popular video-sharing app could face a fine in excess of PS27 Million or $29 Million for failing to protect children’s privacy in the United Kingdom. The first major case under …
TikTok may be subject to a $29 million fine for failing to protect children’s privacy Read More »
