Search results for "trump admin"

Microsoft’s CEO says trying to buy TikTok was “the strangest thing”

During an interview with journalist Kara Swisher at the Code conference, Microsoft’s CEO Satya Nadella came forward with new information regarding the negotiations that happened while trying to acquire TikTok.  “It was the strangest thing I’ve ever worked on,” Nadella Said, describing his attempt to save the TikTok app in the U.S. and elsewhere after Donald Trump’s administration threatened to ban it.  If you haven’t heard about Trump’s efforts in banning TikTok from the […]

U.S. advises against Brazil’s usage of Huawei 5G equipment

The U.S. has expressed its support toward Brazil’s proposal of becoming a NATO partner but stressed its concerns regarding the Latin American country’s business with Chinese telecoms titan Huawei within its 5G telecoms network, White House officials told reporters on Monday.  During a trip to Brazil last week, U.S. National Security Advisor notified President Jair Bolsonaro of the state’s concerns in partnering with Huawei citing cybersecurity […]

FCC Executes Program to rip Chinese Telco Equipment from U.S.

The FCC voted unanimously on Tuesday on a $1.9 billion program to pull and substitute telecommunications equipment from Chinese telecom companies Huawei and ZTE for national security purposes. Chinese telecom titan Huawei announced later on Wednesday its acute disappointment over the FCC’s decision to remove and alternate its telecommunications equipment in the U.S. Huawei continued […]

From Biden to Congress, Big Tech is under mounting pressure

Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties. Biden last week elevated a fierce critic of Big Tech, antitrust legal scholar Lina Khan, to […]

Facebook, Twitter, and Google sue Florida over new social media law

Two tech trade groups consisting of Facebook, Twitter, and Google have filed a lawsuit against the state of Florida over a new law that would fine social media companies that bar political candidates, citing a violation of free speech. The lawsuit – which highlighted that the bill was signed by Republican Florida Governor Ron DeStantis […]

Biden plan would pick winners, losers in move to green jobs

In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan, Ford plans to produce an all-electric version of its F-150 pickup truck. Both companies are looking to President Joe Biden’s $2.3 trillion infrastructure proposal to help transform the automotive sector as electric vehicles […]

TikTok names exec at Chinese parent ByteDance as new CEO

The hit video app TikTok said Friday that an executive at its Chinese parent company, ByteDance, will now also serve as TikTok CEO. The new CEO, Shouzi Chew, is the chief financial officer of ByteDance. He is based in Singapore, where TikTok has an office. Vanessa Pappas, based in Los Angeles, has been interim head […]

Summit shows Biden's big vision on fighting climate change

What did the world learn at Joe Biden’s global summit about his vision of the battle to save the world’s climate? For two days, Biden and his team of climate experts pressed his case that tackling global warming not only can avert an existential threat, but also benefit the U.S. economy — and the world’s […]

Scrutiny of Tesla crash a sign that regulation may be coming

The fiery crash of a Tesla near Houston with no one behind the wheel is drawing scrutiny from two federal agencies that could bring new regulation of electronic systems that take on some driving tasks. The National Highway Traffic Safety Administration and the National Transportation Safety board said Monday they would send teams to investigate […]

Huawei to invest more than $1 billion to develop electric vehicles

Chinese tech titan Huawei is aiming to invest one billion dollars to research self-driving and electric vehicles (EV) technologies, as the company aims to take on market leader Tesla Inc. and rival Xiaomi. Speaking to industry analysts in Shenzhen earlier this week, rotating chairman Eric Xu said that the telecom giant will team up with […]