Biden
Returning the favour? Biden revokes Trump’s social media order
US President Biden has officially revoked an executive order by President Donald Trump that had directed regulators to limit liability protections for social media businesses.
US will remove Xiaomi from blacklist, reversing Trump decision
The US Defense Department will remove China’s Xiaomi Corp from a government blacklist, a court filing showed, marking a reversal by the Biden-Harris White House of one of Pre...
Amazon wins $303 million court fight in blow to EU tax crusade
Amazon won its fight against an EU order to pay about 250 million euros (approximately $303 million) in back taxes to Luxembourg in a blow to competition chief Margrethe Vestager&#...
Tech giants join call for funding US chip production
Some of the world’s biggest chip buyers, including Apple, Microsoft and Google, are joining top chip-makers such as Intel Corp to create a new lobbying group to press for gov...
Ethereum jumps to record high on report of EIB digital bond issuance
Ethereum, the number two cryptocurrency in terms of market capitalization, rose to an all-time peak, with market participants citing media reports about the European Investment Ban...
Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans
Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that President Biden plans to raise capital gains taxes will curb investments in digital assets.
US lawmakers back $100 billion science push to compete with China
A bipartisan group of US lawmakers have introduced legislation calling for $100 billion in government spending over five years on basic and advanced technology research and science...
US China hawks seek to cut sales of chip-making tools to Beijing
Congressional China hawks are urging the Biden-Harris administration to restrict sales of chip-making tools to Chinese companies, similar to an action taken against telecommunicati...
Supreme Court brings end to Trump Twitter fight
The US Supreme Court brought an end to a legal fight over former President Trump’s effort to block critics from following his now-frozen Twitter account, deciding the dispute...
US Senator speaks to Biden White House about key internet law
US Senator Mark Warner has said he has been talking to President Biden’s staff about Section 230 – a law protecting platform businesses – and expects his recent l...
Bitcoin falls after weekend record high as India considers a ban
Bitcoin dropped on Monday, falling from a record high above $60,000 over the weekend, as investors digested a potential ban from India on cryptocurrencies.
US government to respond to SolarWinds hackers in weeks
The Biden White House will respond “in weeks, not months” to the perpetrators of the SolarWinds hack, who used the US tech company as a springboard to compromise a raft...
The Biden administration adds new limits on Huawei’s suppliers
The Biden administration this week amended licenses for companies to sell to China’s Huawei Technologies, further restricting companies from supplying items that can be used ...
White House says closely tracking Microsoft’s emergency patch
The White House is closely tracking an emergency patch Microsoft has released, US national security adviser Jake Sullivan has said, after an unknown hacking group recently broke in...