Trump Administration

Trump says he’ll announce semiconductor and chip tariffs

Enterprise /

The semiconductor industry’s rollercoaster year continues with another major development. President Donald Trump said on CNBC’s Squawk Box on Tuesday that his administration is planning to announce tariffs on semiconductors and chips as soon as next week. However, the specifics of these tariffs remains unclear. Such tariffs could cause quite a disruption for U.S. hardware […]

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Serial spyware founder Scott Zuckerman wants the FTC to unban him from the surveillance industry

Security /

The founder of a spyware company who was banned from the surveillance industry following an earlier data breach is now seeking to undo the ban, according to the Federal Trade Commission.  In a notice on Friday, the federal watchdog said Scott Zuckerman sought to rescind or modify the 2021 ban imposed by the FTC on

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Trump administration to spend $1 billion on ‘offensive’ hacking operations

Security /

The Trump administration, through the Department of Defense, plans to spend $1 billion over the next four years on what it calls “offensive cyber operations.”  The provision in Trump’s landmark One Big Beautiful Bill does not say what those “offensive cyber operations” are, nor what specific tools or software would qualify. The budget does note

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Elmo’s X account hacked to publish racist and antisemetic posts

Security /

In case it wasn’t obvious, no, that’s not the real Elmo that posted racist and antisemetic posts on Elon Musk’s X. Someone had hacked into the Sesame Street character’s X account. On Sunday, Elmo’s official account published several abusive posts, since removed. It’s not clear how the account was compromised, but the nonprofit Sesame Workshop

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US chipmakers could see bigger tax credits if Trump’s spending bill passes

Enterprise /

The semiconductor industry could see a big tax benefit if the Trump administration is able to pass the current version of its spending bill. The latest draft of the Trump administration’s “Big, Beautiful Bill,” which already passed in the Senate, will raise the tax credit for chipmakers building manufacturing plants in the U.S. from 25%

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Trump administration to claw back $3.7B in clean energy and manufacturing awards

Climate /

The Department of Energy announced today that it would be clawing back $3.7 billion worth of awards made under the Biden administration for clean energy and manufacturing. Large corporations and growing startups were caught up in the decision. Energy secretary Chris Wrights said the moves were “due diligence” on the part of the Trump administration.

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White House investigating how Trump’s chief of staff’s phone was hacked

Security /

The White House is investigating after one or more people reportedly accessed the contacts from the personal phone of White House chief of staff Susie Wiles, and used the information to contact other top officials and impersonate her.  Wiles reportedly told people that her phone was hacked. The Wall Street Journal first reported the hack

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Trump administration may sell deep-sea mining leases at startup’s urging

Climate /

The U.S. Department of the Interior said Tuesday it’s beginning the process of selling deep sea mining leases after a request from startup Impossible Metals. The agency said the process would “evaluate a potential mineral lease sale in the waters offshore American Samoa.” The administrative procedure requires a publication in the federal register and the

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