Temu and Shein plan to raise prices for U.S. customers starting next week on April 25th, due to President Donald Trump’s tariffs on goods shipped from China, the Associated Press reports. The 145% tariff on products made in China, along with Trump’s decision to end a customs exemption that had allowed goods under $800 to […]
Shein and Temu to raise prices for US shoppers in response to tariffs Read More »
The Trump administration has made no secret that it dislikes disbursing money authorized by Congress under the Inflation Reduction Act and the Bipartisan Infrastructure Law. But on Tuesday, a federal judge issued an order “requiring the agencies to turn the funding spigots back on.” Under President Donald Trump, federal agencies have used his executive orders
Trump-appointed judge orders Trump admin to ‘turn the funding spigots back on’ Read More »
AMD says that the U.S. government’s license control requirement for exporting AI chips to China and certain other countries may impact its earnings materially. If AMD doesn’t successfully obtain a license, the company could be on the hook for roughly $800 million in inventory, purchase commitments, and related reserves charges, the company said in a
AMD estimates $800M charge on US license requirement for AI chips Read More »
Google on Wednesday said it suspended 39.2 million advertiser accounts on its platform in 2024 — more than triple the number from the previous year — in its latest crackdown on ad fraud. By leveraging large language models (LLMs) and using signals such as business impersonation and illegitimate payment details, the search giant said it could suspend
Google used AI to suspend over 39M ad accounts suspected of fraud Read More »
Elon Musk says it’s his duty to “make new humans.” Now, a WSJ investigation suggests he may have fathered more than the 14 children already known, with sources claiming the real number could be significantly higher. The report also describes how Musk keeps those details under wraps. At the center of it all, per the
How Musk manages his growing family: WSJ Read More »
Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.” X’s current owner Elon Musk quickly replied, “I agree.” It’s not clear what exactly brought these comments on, but they come at
Jack Dorsey and Elon Musk would like to ‘delete all IP law’ Read More »
Tech company Yahoo has removed several pages and other sections from its corporate website in recent months relating to its diversity, equity, and inclusion (DEI) policies, TechCrunch has learned. A section of Yahoo’s website that was previously dedicated to DEI no longer loads and instead redirects to the company’s executive leadership page. A previous version
Yahoo removes DEI pages from its website Read More »
Sarah Wynn-Williams, Facebook’s former Head of Global Public Policy, testified before the U.S. Senate today about the company’s relationship with China. According to Wynn-Williams, the company now known as Meta worked directly with the Chinese Community Party (CCP) to “undermine U.S. national security and betray American values,” she said. She alleges that Facebook created custom-built
Whistleblower Sarah Wynn-Williams accuses Meta of colluding with China Read More »
Taiwan Semiconductor Manufacturing Company (TSMC) may have to pay a fine of $1 billion or more to resolve a U.S. export control investigation related to a chip it made that was used in a Huawei AI processor, according to a report by Reuters. TSMC did not provide any further comments as it is now “in
US may fine TSMC $1B over chip allegedly used in Huawei AI processor Read More »
On Monday, Microsoft reportedly terminated the roles of two software engineers, Ibtihal Aboussad and Vaniya Agrawal, who protested the company’s reported dealings with the Israeli military during Microsoft’s Copilot and 50th anniversary event last week. According to an internal message viewed by CNBC, Microsoft wrote that Aboussad could have raised concerns “confidentially with your manager,
Microsoft reportedly fires staff whose protest interrupted its Copilot event Read More »
