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JPMorgan Warns 10% Credit Card Rate Cap Would Backfire on Consumers and Economy

JPMorgan Warns 10% Credit Card Rate Cap Would Backfire on Consumers and Economy

msmash, Slashdot.org

JPMorgan Chase's chief financial officer Jeremy Barnum pushed back hard on Tuesday against President Donald Trump's proposed 10% cap on credit card interest rates, calling the measure "very bad for consumers" and "very bad for the economy" during a call with …

Economy & Finance

Jan 13, 2026, 4:05 PM

Trump Signs Defense Bill Prohibiting China-Based Engineers in Pentagon IT Work

Trump Signs Defense Bill Prohibiting China-Based Engineers in Pentagon IT Work

msmash, Slashdot.org

President Donald Trump signed into law this month a measure that prohibits anyone based in China and other adversarial countries from accessing the Pentagon's cloud computing systems. From a report: The ban, which is tucked inside the $900 billion defense pol…

Jan 2, 2026, 8:01 PM

'Foreign Tech Workers Are Avoiding Travel To the US'

'Foreign Tech Workers Are Avoiding Travel To the US'

BeauHD, Slashdot.org

In an opinion piece for Computerworld, columnist Steven Vaughan-Nichols argues that restrictive visa policies and a hostile border climate under the Trump administration are driving foreign tech workers, researchers, and conference speakers away from the U.S.…

Dec 31, 2025, 2:02 AM

Nvidia Buying Groq's Assets For $20 Billion in Its Largest Deal on Record

Nvidia Buying Groq's Assets For $20 Billion in Its Largest Deal on Record

msmash, Slashdot.org

Nvidia has agreed to buy assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO of Disruptive, which led the startup's latest financing round in September. From a repor…

Dec 25, 2025, 3:01 PM

Trump Administration To Overhaul Lottery System For H-1B Visas

Trump Administration To Overhaul Lottery System For H-1B Visas

msmash, Slashdot.org

The Trump administration has announced it would replace the lottery programme used to grant H-1B visas for skilled foreign workers with a system that prioritises higher-paid individuals. From a report: The Department of Homeland Security said it would begin t…

ImmigrationPolicy & Legislation

Dec 25, 2025, 2:00 PM

The U.S. Could Ban Chinese-Made Drones Used By Police Departments

The U.S. Could Ban Chinese-Made Drones Used By Police Departments

EditorDavid, Slashdot.org

Tuesday the White House faces a deadline to decide "whether Chinese drone maker DJI Technologies poses a national security threat," reports Bloomberg. But their article notes it's "a decision with the potential to ground thousands of machines deployed by poli…

Dec 22, 2025, 4:05 AM

Airbus Moving Critical Systems Away From AWS, Google, and Microsoft Citing Data Sovereignty Concerns

Airbus Moving Critical Systems Away From AWS, Google, and Microsoft Citing Data Sovereignty Concerns

BeauHD, Slashdot.org

Airbus is preparing to tender a major contract to move mission-critical systems like ERP, manufacturing, and aircraft design data onto a digitally sovereign European cloud, citing national security concerns and fears around U.S. extraterritorial laws like the…

Technology RegulationNational SecurityForeign Policy & International

Dec 20, 2025, 1:40 AM

TikTok Owner Signs Deal To Avoid US Ban

TikTok Owner Signs Deal To Avoid US Ban

BeauHD, Slashdot.org

TikTok's owner ByteDance has signed a deal creating a U.S.-focused joint venture majority-owned by American and global investors, allowing the app to avoid a U.S. ban while ByteDance retains a minority stake. The BBC reports: Half of the joint venture will be…

TradeTechnology RegulationSocial Media

Dec 19, 2025, 11:00 PM

Senate Confirms Billionaire Entrepreneur Jared Isaacman As New NASA Chief

Senate Confirms Billionaire Entrepreneur Jared Isaacman As New NASA Chief

BeauHD, Slashdot.org

Longtime Slashdot reader schwit1 shares a report from Politico: The Senate on Wednesday approved Jared Isaacman for the top job at NASA -- an unprecedented comeback after President Donald Trump yanked his nomination this spring. Senators confirmed the billion…

Dec 18, 2025, 12:50 AM

Mark Carney Criticised For Using British Spellings In Canadian Documents

Mark Carney Criticised For Using British Spellings In Canadian Documents

BeauHD, Slashdot.org

An anonymous reader quotes a report from the Guardian: Mark Carney says that amid a fundamental shift to the nature of globalization, his government will catalyze the growth in both the public and private sector. But Canadian linguists say that's a problem. L…

Government & AdministrationPolicy & Legislation

Dec 16, 2025, 11:30 PM

PayPal Applies To Become a Bank As US Loosens Regulatory Reins

PayPal Applies To Become a Bank As US Loosens Regulatory Reins

BeauHD, Slashdot.org

PayPal has applied to become a US bank by forming a Utah-chartered industrial loan company, signaling a push to deepen its financial services "as companies rush to capitalize on a friendly regulatory environment under the Trump administration," reports Reuter…

Dec 16, 2025, 10:00 AM

America Adds 11.7 GW of New Solar Capacity in Q3 - Third Largest Quarter on Record

America Adds 11.7 GW of New Solar Capacity in Q3 - Third Largest Quarter on Record

EditorDavid, Slashdot.org

America's solar industry "just delivered another huge quarter," reports Electrek, "installing 11.7 gigawatts (GW) of new capacity in Q3 2025. That makes it the third-largest quarter on record and pushes total solar additions this year past 30 GW..." Accordi…

Dec 14, 2025, 5:34 PM

Repeal Section 230 and Its Platform Protections, Urges New Bipartisan US Bill

Repeal Section 230 and Its Platform Protections, Urges New Bipartisan US Bill

EditorDavid, Slashdot.org

U.S. Senator Sheldon Whitehouse said Friday he was moving to file a bipartisan bill to repeal Section 230 of America's Communications Decency Act. "The law prevents most civil suits against users or services that are based on what others say," explains an …

Legal & JusticeTechnology Regulation

Dec 14, 2025, 3:34 PM

Time Magazine's 'Person of the Year': the Architects of AI

Time Magazine's 'Person of the Year': the Architects of AI

EditorDavid, Slashdot.org

Time magazine used its 98th annual "Person of the Year" cover to "recognize a force that has dominated the year's headlines, for better or for worse. For delivering the age of thinking machines, for wowing and worrying humanity, for transforming the present a…

Dec 14, 2025, 12:34 PM

Arkansas Becoming 1st State To Sever Ties With PBS, Effective July 1

Arkansas Becoming 1st State To Sever Ties With PBS, Effective July 1

msmash, Slashdot.org

joshuark writes: Arkansas is becoming the first state to officially end its public television affiliation with PBS. The Arkansas Educational Television Commission, whose members are all appointed by the governor, voted to disaffiliate from PBS effective July …

Regional & StateFlorida

Dec 12, 2025, 9:00 PM

Major Automakers Say China Poses 'Clear and Present Threat' To US Auto Industry

Major Automakers Say China Poses 'Clear and Present Threat' To US Auto Industry

msmash, Slashdot.org

Major automakers have urged Washington to prevent Chinese government-backed automakers and battery manufacturers from opening U.S. manufacturing plants, warning the industry's future is at stake. From a report: The Alliance for Automotive Innovation, which re…

TradeAutomotiveForeign Policy & InternationalChina

Dec 12, 2025, 2:01 PM

US Could Ask Foreign Tourists For Five-Year Social Media History Before Entry

US Could Ask Foreign Tourists For Five-Year Social Media History Before Entry

msmash, Slashdot.org

Tourists from dozens of countries including the UK could be asked to provide a five-year social media history as a condition of entry to the United States, under a new proposal unveiled by American officials. From a report: The new condition would affect peop…

Media & CommunicationsBorder SecuritySocial Media

Dec 11, 2025, 2:05 PM

White House Rolls Back Fuel Economy Standards

White House Rolls Back Fuel Economy Standards

BeauHD, Slashdot.org

Longtime Slashdot reader sinij shares a report from Car and Driver: [T]he Trump administration announced less stringent Corporate Average Fuel Economy (CAFE) standards in an effort to bring down the price of new vehicles. The administration says that rules pu…

EnvironmentEconomy & Finance

Dec 4, 2025, 12:00 AM

Michael and Susan Dell Donate $6.25 Billion To Encourage Families To Claim 'Trump Accounts'

Michael and Susan Dell Donate $6.25 Billion To Encourage Families To Claim 'Trump Accounts'

BeauHD, Slashdot.org

Michael and Susan Dell pledged $6.25 billion to boost participation in the new "Trump Accounts" child investment program. "The historic gift has little precedent, with few single charitable commitments in the past 25 years exceeding $1 billion, much less mult…

Economy & FinancePolicy & LegislationPersonal & Family

Dec 2, 2025, 7:19 PM

Trump Administration To Take Equity Stake In Former Intel CEO's Chip Startup

Trump Administration To Take Equity Stake In Former Intel CEO's Chip Startup

BeauHD, Slashdot.org

An anonymous reader quotes a report from the Wall Street Journal: The Trump administration has agreed to inject up to $150 million into a startup (source paywalled; alternative source) trying to develop more advanced semiconductor manufacturing techniques in …

Dec 2, 2025, 4:16 PM

Europe Fears It Can't Catch Up in Great Power Competition

Europe Fears It Can't Catch Up in Great Power Competition

msmash, Slashdot.org

European leaders have spent years warning that the continent risked falling behind the U.S., China and Russia in the global contest for economic, technological and military dominance, and officials now believe they have reached that point. The mood darkened…

Foreign Policy & InternationalEurope

Nov 28, 2025, 7:00 PM

Pentagon Cited Alibaba on China Military Aid in Oct. 7 Letter

Pentagon Cited Alibaba on China Military Aid in Oct. 7 Letter

msmash, Slashdot.org

An anonymous reader shares a report: The Pentagon concluded that Alibaba Group, Baidu and BYD should be added to a list of companies that aid the Chinese military, according to a letter to Congress sent roughly three weeks before Donald Trump and Xi Jinping a…

ChinaForeign Policy & InternationalSecurity & Intelligence

Nov 26, 2025, 7:26 PM

NATO Taps Google For Air-Gapped Sovereign Cloud

NATO Taps Google For Air-Gapped Sovereign Cloud

msmash, Slashdot.org

NATO has hired Google to provide "air-gapped" sovereign cloud services and AI in "completely disconnected, highly secure environments." From a report: The Chocolate Factory will support the military alliance's Joint Analysis, Training, and Education Centre (J…

Nov 24, 2025, 5:21 PM

Bitcoin Erases Year's Gain as Crypto Bear Market Deepens

Bitcoin Erases Year's Gain as Crypto Bear Market Deepens

EditorDavid, Slashdot.org

655"Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than 30% gain registered since the start of the year..." reports Bloomberg: The dominant cryptocurrency fell below US$93,714 on Sunday, pushing the price beneath…

Nov 17, 2025, 8:35 AM

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