President Joe Biden wants to change the way the U.S. uses energy by expanding renewables, but he will need to navigate a host of challenges — including the coronavirus pandemic and restoring hundreds of thousands of lost jobs — to get it done. The wind and solar industries have managed to grow despite a less-than-supportive […]
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President Joe Biden’s choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade more. Gary Gensler, who was a chair of the Commodity Futures Trading Commission during the Obama administration, […]
President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gary Gensler, a chairman of the Commodity Futures Trading Commission during the Obama administration, has experience as […]
President Joe Biden’s pick to be the top U.S. trade envoy is promising to work with America’s allies to combat China’s aggressive trade policies, indicating a break from the Trump administration’s go-it-alone approach. In a written testimony for her confirmation hearing Thursday before the Senate Finance Committee, Katherine Tai, Biden’s choice for U.S. trade representative, […]
A federal judge on Tuesday ruled that California can for the first time enforce its tough net neutrality law, clearing the way for the state to ban internet providers from slowing down or blocking access to websites and applications that don’t pay for premium service. Former Gov. Jerry Brown signed the bill in 2018, making […]
Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch (20-centimeter) -wide screen Monday to show off its tech prowess but said it will be sold only in China. The Mate X2 highlights the challenges for Huawei Technologies Ltd. after Washington cut off access to U.S. processor chips and Google services. Last year, […]
China’s top diplomat called Monday for new U.S. President Joe Biden’s administration to lift restrictions on trade and people-to-people contacts while ceasing what Beijing considers unwarranted interference in the areas of Taiwan, Hong Kong, Xinjiang and Tibet. Foreign Minister Wang Yi’s comments at a Foreign Ministry forum on U.S.-China relations come as Beijing presses the […]
Founder and CEO of Chinese tech-titan Huawei, Ren Zhengfei, has called on the newly elected Biden administration to lessen the severity of the restrictions made on Chinese firms by his predecessor Donald Trump. While addressing a local media roundtable, Ren admitted that it is rather unlikely that U.S. President Joe Biden would overturn or drastically […]
Budget smartphone manufacturer Xiaomi has filed a lawsuit against the U.S. government, seeking its removal from Washington’s blacklist of alleged Chinese Military companies. The company’s designation on the list places it under an executive order that restricts U.S. investors from purchasing any shares or stakes from it. In response, Xiaomi filed a lawsuit on Friday […]
Many of Big Tech’s expected future regulatory challenges are a result of their own making – as in the case of Facebook, Google, and Amazon. These companies are being charged by some countries with monopolistic tendencies, prompting some of the regulators in states to send warnings to these firms so they can get their act […]