The Biden administration has said that companies receiving funds from the CHIPS subsidy will be required to pay the government if they do exceedingly well and accrue "excess profits".
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Singapore aims to win its "fair share" of semiconductor investments amidst growing trade tensions between China and the United States, focusing on semiconductor assembly and design.
Japan joins US and Netherlands in restricting chip exports to China. New regulation comes amid US efforts to boost domestic chip production, including subsidies for semiconductor manufacturing.
U.S. President Joe Biden has reportedly invited multiple big tech companies to the White House, purportedly to discuss cybersecurity matters. The meeting will apparently take place tomorrow.
The Chinese regime has denied any role in hacking Microsoft Exchange Server. In retaliation, China's foreign ministry spokesman, Zhao Lijian, has called the US the world's top "hacking empire".
The US, European Union, the UK, and NATO countries have expressed concerned over China's numerous cyberattacks on businesses, maritime, aviation, defense, education, and healthcare sectors.
Facebook today published a blog post outlining its efforts in encouraging COVID-19 vaccination and stopping misinformation spread after President Biden had recently blamed the social media giant.
Members of Parliament in the UK have written to President Biden during his trip to the country asking him to drop the computer intrusion charges levelled against Julian Assange for his Wikileaks work.
Uber has announced that those in the U.S. can get up to $25 off four trips to and from vaccination centers until July 4. President Biden is hoping 70% of people are fully vaccinated by that date.
Reports suggest President Biden will increase the capital gains tax to 39.6%. This has sent the price of bitcoin and other cryptocurrencies tumbling but it's too early to say what will happen next.
Microsoft has publicly announced that it is suspending PAC donations, because 20% of its donations in the past four years went to Congress members who voted against the Electoral College.
Facebook has emphasized that it made the right decision in banning Trump indefinitely but has referred the case to an independent body for review. A decision will be reached in less than 90 days.
Microsoft has reported increased activity from hacking groups based in Russia, China, and Iran targeting the U.S. presidential elections. Both Biden and Trump campaigns have been attacked.
Biden's campaign banned TikTok from its staffer's mobile devices citing the privacy and security concerns as the firm has been under suspicion that it might share data with the Chinese Government.
