Search results for "us government"

Exclusive-US to Build $300 Million Database to Fuel Alzheimer’s Research

The U.S. National Institute on Aging (NIA) is funding a 6-year, up to $300 million project to build a massive Alzheimer’s research database that can track the health of Americans for decades and enable researchers to gain new insights on the brain-wasting disease. The NIA, part of the government’s National Institutes of Health (NIH), aims […]

Tech Startups: Boosting US DoD Innovation or Fueling Global Tensions? 

The US Department of Defense (DoD) has turned to tech startups to modernize its operations, leading to cutting-edge technologies such as AI, cybersecurity, and unmanned systems. However, concerns have been raised about the implications of such partnerships, particularly in terms of compromising national security and fueling a new arms race with global powers like China […]

US Manufacturing Near Three-Year Low; Casts a Shadow over Economy

U.S. manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline further due to tighter credit conditions. The Institute for Supply Management (ISM) survey on Monday showed all subcomponents of its manufacturing PMI below the 50 threshold for the first time since […]

Will TikTok Ever Move Out of the Gun Sights of Governments?

TikTok has been making headlines ever since it debuted and went viral. Is “viral” even the right word to describe the cultural reset it triggered? Unfortunately, most of these headlines are not in the app’s favor, including adding to the mental health crisis among U.S. teens AND United Arab Emirates (UAE) teens and spreading misinformation […]

White House to Midsized Banks: Boost Liquidity, Capital, Testing

The White House on Thursday issued a plan officials say would substantially reduce the risk of another crisis in the banking industry, after U.S. banks failed and a Swiss lender needed a government rescue earlier this month. The plan, which can be accomplished by regulators with their existing powers, mostly would put stricter requirements on […]

China Calls U.S Debt Trap Accusation ‘Irresponsible'

 China on Thursday called remarks by U.S. Treasury Secretary Janet Yellen “irresponsible” and “unreasonable” after Yellen said Beijing’s lending activities leave developing countries “trapped in debt.” Yellen on Wednesday said she was concerned by some of China’s activities globally, particularly its lending to developing countries. She told U.S. lawmakers in a hearing that Washington was […]

US, Partner Countries Call for Controls to Counter Misuse of Spyware

The United States and some of its partner countries on Thursday called for strict domestic and international controls to counter the proliferation and misuse of commercial spyware. The joint statement was issued by the governments of Australia, Canada, Costa Rica, Denmark, France, New Zealand, Norway, Sweden, Switzerland, the United Kingdom, and the United States. The […]

S.Korea, Taiwan Chipmakers Express Concern about US Subsidy Criteria

The criteria for new U.S. semiconductor subsidies is worrying companies such as Samsung Electronics Co Ltd and SK Hynix Inc, South Korean President Yoon Suk Yeol said on Thursday, a concern shared by the world’s leading contract chipmaker in Taiwan. Conditions include sharing excess profit with the U.S. government, and three industry sources said the […]

Exclusive - Ex-CEO of Binance’s US Firm Has Enlisted Lawyer for US Investigations

A former chief executive of Binance’s de-facto U.S. subsidiary has enlisted a former federal prosecutor and top cop at the Commodity Futures Trading Commission to represent her in the U.S. government’s investigations into the giant cryptocurrency exchange, a person with direct knowledge told Reuters. Catherine Coley, who launched Binance.US in 2019 and left suddenly two […]