Donald Trump

China is rolling back rare earth mineral restrictions, White House says

Government & Policy /

The White House released more details Saturday about a trade deal reached between U.S. President Donald Trump and Chinese President Xi Jinping in a meeting earlier this week. Among other things, the White House said China will suspend the restrictions on exporting rare earth minerals that it announced in October, and it will resume issuing […]

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Trump and Xi will ‘consummate’ TikTok deal on Thursday, treasury secretary says

Government & Policy /

The United States and China are ready to move forward on a TikTok deal, according to Treasury Secretary Scott Bessent. Bessent had already said last month that the two countries reached a “framework” on a deal during discussions in Madrid, and President Donald Trump subsequently signed an executive order to facilitate the transaction. In a

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Trump pardons Binance founder Changpeng Zhao

Government & Policy /

President Donald Trump has pardoned Binance founder Changpeng “CZ” Zhao, as first reported by CNBC. Zhao previously pleaded guilty to enabling money laundering while running the cryptocurrency exchange, and served four months in prison last year. “President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden

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Salesforce CEO Marc Benioff apologizes for saying National Guard troops needed in San Francisco

Government & Policy /

Marc Benioff, co-founder and CEO of Salesforce, appears to be walking back comments calling for the National Guard to patrol San Francisco. “Having listened closely to my fellow San Franciscans and our local officials, and after the largest and safest Dreamforce in our history, I do not believe the National Guard is needed to address

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Trump fires back at China’s rare earth mineral restrictions by threatening 100% tariffs

Hardware /

President Donald Trump declared Friday that he will impose a 100% tariff on all imports from China, while also imposing export controls on “any and all critical software” from the United States. This is the latest move in what looks like an escalating trade conflict between the United States and China. In a Truth Social

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Trump demands Microsoft fire global affairs head Lisa Monaco

Government & Policy /

President Donald Trump declared Friday that Microsoft needs to fire Lisa Monaco, the company’s president of global affairs. Citing her roles as “a senior National Security aide under Barack Hussein Obama, and a Lawfare and Weaponization obsessed Deputy Attorney General under Crooked Joe Biden and Lisa’s Puppet ‘Boss’ Attorney General Merrick Garland,” Trump posted on

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Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram

Government & Policy /

President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow

Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram Read More »

Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram

Government & Policy /

President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow

Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram Read More »

EU fines Google $3.5B over adtech ‘abuse’

Government & Policy /

The European Commission announced this week that it’s fining Google €2.95 billion (just under $3.5 billion). The commission found that Google had violated European Union antitrust rules by favoring its own advertising services. Specifically, the commission said Google “abused” its “dominant positions” by favoring its ad exchange AdX in both its publisher ad server and

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The Trump administration’s big Intel investment comes from already awarded grants

Hardware /

Intel officially announced an agreement with President Donald Trump’s administration on Friday afternoon, following Trump’s statement that the government would be taking a 10% stake in the struggling chipmaker. While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds. Instead,

The Trump administration’s big Intel investment comes from already awarded grants Read More »