USA

Exclusive-Biden to Hit China With Broader Curbs on U.S. Chip and Tool Exports Sources

The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to three U.S. companies — KLA Corp, Lam […]

Compass Minerals Picks Lithium Extraction Technology to Supply Ford, Others

Compass Minerals International Inc said on Wednesday it will use a lithium extraction technology developed by EnergySource Minerals LLC to produce the electric vehicle battery metal for Ford Motor Co and others. Washington has been pressing for U.S. companies to find greener ways https://www.reuters.com/business/sustainable-business/new-lithium-technology-can-help-world-go-green-if-it-works-2022-04-07 to boost domestic production of battery metals and lessen the country’s […]

U.S. Investments in Foreign Chip Firms a Potential Concern, White House Says

U.S. investment in foreign chip companies is a potential concern for the Biden administration, a White House official said on Wednesday, but he stressed it has not yet made a final decision on a potential mechanism regulating U.S. investments in China. National Security Council official Peter Harrell heralded the administration’s efforts to kick-start U.S. chipmaking […]

U.S. to Discuss New Chips Bill with Taiwan Next Month

The United States will hold talks with Taiwan next month to discuss new U.S. legislation designed to boost the American semiconductor industry, the top U.S. diplomat in Taipei said on Wednesday. Last month, U.S. President Joe Biden signed into law the Chips and Science Act, which authorised about $52 billion in government subsidies for U.S. […]

U.S. Signs Deal with Google to Develop Chips for Researchers

The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s Google to produce chips that researchers can use to develop new nanotechnology and semiconductor devices. The deal was signed between the Commerce Department’s National Institute of Standards and Technology (NIST) and Google. The chips will be manufactured by semiconductor […]

California's Newsom Signs Bill Requiring Social Media Firms Transparency

California Governor Gavin Newsom said on Tuesday he had signed a bill into law requiring transparency of social media companies, a move that could draw criticism from tech firms and industry groups. The law, AB-587, will require social media companies to publicly post their policies regarding hate speech, disinformation, harassment and extremism on their platforms, […]

Exclusive: Biden to Hit China with Broader Curbs on U.S. Chip and Tool Exports

The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to three U.S. companies — KLA Corp, Lam […]

U.S. Tech Companies Yank Job Offers, Leaving College Grads Scrambling

One by one, over the last week of May, Twitter Inc rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate product manager living in Toronto, […]

Big Tech Bill Advocates and Critics Keep Pressure on U.S. Lawmakers

Supporters of a U.S. bill aimed at reining in Big Tech platforms like Amazon.com and Alphabet’s Google have flooded lawmakers with nearly 4,000 phone calls, while critics of the legislation sent a letter telling senators it would “harm consumers.” Versions of the bill have progressed further than any previous Big Tech antitrust legislation, with strong […]

Apple's Cook Urges U.S. Lawmakers to Pass Federal Privacy Law

Apple Inc Chief Executive Tim Cook on Friday sent a letter to a group of U.S. lawmakers asking them to pass federal privacy legislation, according to a copy of the letter seen by Reuters. “We strongly urge you to advance comprehensive privacy legislation as soon as possible, and we stand ready to assist in this […]