News list for " the US Department"
The U.S. government is in talks with Intel (INTC. O) about replacing subsidies in the Chip and Science Act with a shareholding, Commerce Secretary J.K. Lutnik confirmed. Mr. Lutnik said on Tuesday that the plan would not give the U.S. government governance or voting rights in the company. He attacked the chip bill signed by former President Joe Biden, saying it provided subsidies to semiconductor makers without allowing the United States to pay for them.
According to foreign media reports, if the judge agrees to the Department of Justice's proposal to force Alphabet Inc. to sell its Chrome browser business, the business could sell for as much as $20 billion, which would also be a historic blow to the global tech giant. According to people familiar with the matter, the Justice Department will ask the judge who ruled in August that Google illegally monopolized the search market to ask Google to take measures related to its artificial intelligence ...
The Department of Justice is understood to have issued subpoenas to NVIDIA (NVDA. O) and other companies seeking evidence that NVIDIA violated the Antimonopoly Act, reflecting the escalation of the investigation. The Justice Department, which previously only sent out questionnaires to the companies involved, has now issued legally binding requests for information from recipients, according to people familiar with the matter. That means the government's investigation is one step closer to formall...
The Department of Justice and the Securities Exchange Commission (SEC) ended their investigation into Carson Block, who sold short, without taking action, the sources said.
