U.S.

Republican Rubio Slams U.S. Approval of Chip Deal with China Ties

Republican Senator Marco Rubio on Monday blasted U.S. regulatory approval of a bid by chip intellectual property company Alphawave to purchase U.S.-based OpenFive, over alleged national security risks posed by the buyer’s ties to China’s Wise Road Capital. On Friday, the Toronto and London-based Alphawave, which licenses its technology to chipmakers, said it had received […]

Meta's Facebook Agrees to Settle Data Privacy Lawsuit

Meta Platforms Inc’s Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties including Cambridge Analytica access the private data of users, a court filing showed. The financial terms were not disclosed in the filing on Friday that asked the judge to put the class […]

Biden Signs Order on $52 Billion Chips Law Implementation

President Joe Biden on Thursday signed an executive order on implementation of the $52.7 billion semiconductor chips manufacturing subsidy and research law, the White House said. Earlier this month, Biden signed the bill to boost efforts to make the United States more competitive with China’s science and technology efforts. By subsidizing U.S. chip manufacturing and […]

U.S. Lawmakers Unveil Bill to Help News Media Negotiate with Google, Facebook

A bipartisan group of U.S. lawmakers on Monday released a revised version of a bill aimed at making it easier for news organizations to negotiate collectively with platforms like Google and Facebook. The Journalism Competition and Preservation Act “removes legal obstacles to news organizations’ ability to negotiate collectively and secure fair terms from gatekeeper platforms […]

Taiwan Touts 'Democracy Chips' in Meeting with U.S. State Governor

Taiwan wants to ensure its partners have reliable supplies of semiconductors, or “democracy chips”, President Tsai Ing-wen told the governor of the U.S. state of Indiana on Monday, saying China’s threats mean fellow democracies have to cooperate. Governor Eric Holcomb is making the third trip to Taiwan this month by a U.S. delegation after U.S. […]

S.Korea to Attend Preliminary Meeting of U.S.-Led Chipmaker Group

South Korea is expected to attend a preliminary meeting for a U.S.-led chipmaker group of major microchip manufacturers including Taiwan and Japan, South Korea’s foreign minister said on Thursday. Seoul’s participation in the preliminary meeting for the so-called “Chip 4” group could heighten the stakes for South Korea as it seeks to navigate the contest […]

Boeing, Northrop to Join White House-backed Advanced Manufacturing Program

Boeing Co and Northrop Grumman are joining a White House-backed compact to help smaller U.S.-based suppliers increase the use of 3D printing and other advanced manufacturing technologies. The voluntary program, unveiled by President Joe Biden in May, seeks to boost suppliers’ use of additive manufacturing (AM). Driven by 3D printing, the technology allows complex shapes […]

U.S. Hits the EV Accelerator to Cut Chinese Metals Ties

The Inflation Reduction Act (IRA) includes the “largest investment ever in combating the existential crisis of climate change”, according to President Joe Biden, who will sign the bill into law later on Tuesday. Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar […]

Cloud Hangs Over U.S. Chipmakers on Worries Data Center Growth Could Slow

Cloud and data centers, the chip industry’s strongest sector, may be its next problem: Signs are showing growth could slow in what has been a pillar during the COVID era as consumers signed up for cloud-based entertainment and companies retooled their offices. Analysts say the cloud market has rarely had to weather a prolonged economic […]