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Intel Warns US Equity Stake Could Trigger 'Adverse Reactions'

Intel Warns US Equity Stake Could Trigger 'Adverse Reactions'

msmash, Slashdot.org

Intel said Monday that converting $8.87 billion in federal chip subsidies into a 10% equity stake creates unprecedented complications and potential "adverse reactions" for a company deriving 76% of revenue internationally. The arrangement transforms Biden-era…

Economy & FinanceTechnology RegulationForeign Policy & International

Aug 25, 2025, 6:45 PM

Intel's New Funding Came From Already-Awarded Grants. So What Happens Next?

Intel's New Funding Came From Already-Awarded Grants. So What Happens Next?

EditorDavid, Slashdot.org

The U.S. government's 10% stake in Intel "is a mistake," writes the Washington Post's editorial board, calling Intel "an aging also-ran in critical markets" that "has spent recent years stumbling on execution and missing one strategic opportunity after anothe…

Economy & FinanceTechnology Regulation

Aug 23, 2025, 10:34 PM

4chan Refuses To Pay UK Online Safety Act Fines

4chan Refuses To Pay UK Online Safety Act Fines

BeauHD, Slashdot.org

An anonymous reader quotes a report from the BBC: A lawyer representing the online message board 4chan says it won't pay a proposed fine by the UK's media regulator as it enforces the Online Safety Act. According to Preston Byrne, managing partner of law firm…

Media & CommunicationsLegal & JusticeTechnology Regulation

Aug 22, 2025, 9:00 PM

Intel Has Agreed To a Deal For US To Take 10% Equity Stake, Trump Says

Intel Has Agreed To a Deal For US To Take 10% Equity Stake, Trump Says

msmash, Slashdot.org

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker and is planning more such moves, the latest extraordinary intervention by the White House in corporate America. Reuters: The development …

Economy & FinanceTradeTechnology Regulation

Aug 22, 2025, 6:50 PM

US Strips Ocean and Air Pollution Monitoring From Next-Gen Weather Satellites

US Strips Ocean and Air Pollution Monitoring From Next-Gen Weather Satellites

msmash, Slashdot.org

An anonymous reader shares a report: The National Oceanic and Atmospheric Administration is narrowing the capabilities and reducing the number of next-generation weather and climate satellites it plans to build and launch in the coming decades, two people fam…

EnvironmentClimate PolicyTechnology Regulation

Aug 22, 2025, 4:12 PM

Trump Confirms US Is Seeking 10% Stake In Intel

Trump Confirms US Is Seeking 10% Stake In Intel

BeauHD, Slashdot.org

An anonymous reader quotes a report from Ars Technica: After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator Bernie Sanders (I-Vt.) came forward Wednesday to voice support for the highly unusua…

Economy & FinanceTradeTechnology Regulation

Aug 20, 2025, 10:02 PM

China Urges Firms To Avoid Nvidia H20 Chips After Trump Resumes Sales

China Urges Firms To Avoid Nvidia H20 Chips After Trump Resumes Sales

BeauHD, Slashdot.org

An anonymous reader quotes a report from Bloomberg: Beijing has urged local companies to avoid using Nvidia's H20 processors, particularly for government-related purposes, complicating the chipmaker's return to China after the Trump administration reversed an…

Foreign Policy & InternationalTechnology RegulationEconomy & Finance

Aug 12, 2025, 8:40 PM

Ex-NSA Chief Paul Nakasone Has a Warning for the Tech World

Ex-NSA Chief Paul Nakasone Has a Warning for the Tech World

msmash, Slashdot.org

Former NSA and Cyber Command chief Paul Nakasone told the Defcon security conference this month that technology companies will find it "very, very difficult" to remain neutral through 2025 and 2026. Speaking with Defcon founder Jeff Moss in Las Vegas, Nakas…

Security & IntelligenceTechnology Regulation

Aug 11, 2025, 4:50 PM

Trump Vows 100% Tariff On Chips, Unless Companies Are Building In the US

Trump Vows 100% Tariff On Chips, Unless Companies Are Building In the US

BeauHD, Slashdot.org

Without providing specifics, President Trump said on Wednesday that he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are "building in the United States." CNBC reports: "We're going to be putting a very large tari…

TradeEconomy & Finance

Aug 6, 2025, 11:00 PM

Trump, Apple To Announce New $100 Billion Commitment To Manufacturing in US

Trump, Apple To Announce New $100 Billion Commitment To Manufacturing in US

msmash, Slashdot.org

President Trump and Apple are expected to announce a new $100 billion commitment by Apple to boost manufacturing in the U.S. CBS News: The new investment would increase Apple's commitment to U.S. manufacturing to $600 billion over the next four years, accordi…

Economy & FinanceTradeTechnology Regulation

Aug 6, 2025, 2:48 PM

NASA Satellites That Scientists and Farmers Rely On May Be Destroyed On Purpose

NASA Satellites That Scientists and Farmers Rely On May Be Destroyed On Purpose

BeauHD, Slashdot.org

The Trump administration has reportedly directed NASA to draw up plans to shut down its Orbiting Carbon Observatory satellite missions, which provide vital climate and agricultural data for scientists, oil and gas companies and farmers who need detailed infor…

EnvironmentHealth & Science

Aug 6, 2025, 7:00 AM

'No One Cares' About Elite Degrees at Palantir, CEO Tells Investors

'No One Cares' About Elite Degrees at Palantir, CEO Tells Investors

msmash, Slashdot.org

Palantir chief executive Alex Karp has told analysts and investors that the company treats Harvard, Princeton and Yale graduates the same as those without college degrees, calling employment at the data analytics firm "a new credential independent of class an…

Economy & FinanceSocial Issues & Culture

Aug 5, 2025, 5:25 PM

SEC Debuts 'Project Crypto' To Bring US Financial Markets 'On Chain'

SEC Debuts 'Project Crypto' To Bring US Financial Markets 'On Chain'

BeauHD, Slashdot.org

The SEC has launched "Project Crypto" to overhaul outdated securities regulations for a blockchain-based future, aiming to support tokenized assets, crypto trading, and "super apps." "To achieve President Trump's vision of making America the crypto capital …

Economy & FinanceCryptocurrencyPolicy & Legislation

Jul 31, 2025, 11:20 PM

UK Backing Down on Apple Encryption Backdoor After Pressure From US

UK Backing Down on Apple Encryption Backdoor After Pressure From US

msmash, Slashdot.org

Sir Keir Starmer's government is seeking a way out of a clash with the Trump administration over the UK's demand that Apple provide it with access to secure customer data, Financial Times reported Monday, citing two officials. From the report: The officials b…

Jul 21, 2025, 4:44 PM

Chinese Firms Rush For Nvidia Chips As US Prepares To Lift Ban

Chinese Firms Rush For Nvidia Chips As US Prepares To Lift Ban

BeauHD, Slashdot.org

An anonymous reader quotes a report from Ars Technica: Chinese firms have begun rushing to order Nvidia's H20 AI chips as the company plans to resume sales to mainland China, Reuters reports. The chip giant expects to receive US government licenses soon so th…

TradeTechnology RegulationEconomy & Finance

Jul 16, 2025, 1:00 PM

A Marco Rubio Impostor is Using AI Voice To Call High-Level Officials

A Marco Rubio Impostor is Using AI Voice To Call High-Level Officials

msmash, Slashdot.org

An impostor pretending to be Secretary of State Marco Rubio contacted foreign ministers, a U.S. governor and a member of Congress by sending them voice and text messages that mimic Rubio's voice and writing style using AI-powered software, Washington Post rep…

Security & IntelligenceLegal & JusticeMedia & Communications

Jul 8, 2025, 4:05 PM

BRICS Demand Wealthy Nations Fund Global Climate Transition

BRICS Demand Wealthy Nations Fund Global Climate Transition

msmash, Slashdot.org

Leaders of the BRICS group of developing nations addressed the shared challenges of global warming on Monday, the final day of their summit in Rio de Janeiro, demanding that wealthy nations fund mitigation of greenhouse gas emissions in poorer nations. From a…

Foreign Policy & InternationalEnvironmentEnergyInternational Organizations

Jul 7, 2025, 8:15 PM

Scientists Warn US Will Lose a Generation of Talent

Scientists Warn US Will Lose a Generation of Talent

msmash, Slashdot.org

An anonymous reader shares a report: A generation of scientific talent is at the brink of being lost to overseas competitors by the Trump administration's dismantling of the National Science Foundation (NSF), with unprecedented political interference at the a…

Science PolicyTechnology RegulationHealth & ScienceGovernment & AdministrationForeign Policy & International

Jul 3, 2025, 5:30 PM

NIH-Funded Science Must Now Be Free To Read Instantly

NIH-Funded Science Must Now Be Free To Read Instantly

msmash, Slashdot.org

Starting today, researchers funded by the US National Institutes of Health (NIH) will be required to make their scientific papers available to read for free as soon as they are published in a peer-reviewed journal. That's according to the agency's latest publ…

Health & ScienceScience PolicyGovernment & Administration

Jul 1, 2025, 2:40 PM

Canada's Digital Services Tax To Stay In Place Despite G7 Deal

Canada's Digital Services Tax To Stay In Place Despite G7 Deal

BeauHD, Slashdot.org

An anonymous reader quotes a report from Bloomberg: Canada is proceeding with its digital services tax on technology companies such as Meta despite a Group of Seven agreement that resulted in removing the Section 899 "revenge tax" proposal from U.S. President…

TaxesTradeEconomy & Finance

Jun 27, 2025, 7:40 PM

Zuckerberg's Advocacy Group Warns US Families They Can't Afford Immigration Policy Changes

Zuckerberg's Advocacy Group Warns US Families They Can't Afford Immigration Policy Changes

msmash, Slashdot.org

theodp writes: FWD.us, the immigration and criminal justice-focused nonprofit of Meta CEO Mark Zuckerberg -- the world's third richest person, according to Forbes with an estimated $250B net worth -- has released a new research report warning that announced i…

Policy & LegislationImmigrationEconomy & FinanceSmall Business

Jun 27, 2025, 4:01 PM

SoftBank's Son Pitches $1 Trillion Arizona AI Hub

SoftBank's Son Pitches $1 Trillion Arizona AI Hub

BeauHD, Slashdot.org

An anonymous reader quotes a report from Reuters: SoftBank Group founder Masayoshi Son is envisaging setting up a $1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg News reported on Friday, citing people fa…

Technology RegulationScience PolicyEconomy & FinanceRegional & State

Jun 21, 2025, 3:30 AM

Silicon Valley Execs Join the Army As Officers

Silicon Valley Execs Join the Army As Officers

BeauHD, Slashdot.org

The U.S. Army Reserve has directly commissioned four top Silicon Valley executives as lieutenant colonels under a new initiative, Detachment 201, aimed at accelerating tech integration into military operations. While these part-time roles are intended to brin…

Government OperationsTechnology RegulationMilitarySecurity & IntelligenceEconomy & Finance

Jun 19, 2025, 7:00 AM

Obscure Chinese Stock Scams Dupe American Investors by the Thousands

Obscure Chinese Stock Scams Dupe American Investors by the Thousands

msmash, Slashdot.org

Thousands of American investors have lost millions of dollars to sophisticated pump-and-dump schemes involving small Chinese companies listed on Nasdaq, prompting the Justice Department to declare the fraud a priority under the Trump administration's white-co…

Stock MarketChinaBankingSmall BusinessDOJ Actions

Jun 16, 2025, 8:50 PM

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