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.
On July 9, according to the Washington Post, US Commerce Secretary Howard Lutnik said in an interview with the US Consumer News and Business Channel (CNBC) on the 8th local time that the US delegation is expected to meet with Chinese officials next month to discuss trade issues. According to Lutnik, the members of the US delegation also include Treasury Secretary Scott Bescent and US Trade Representative Jamison Greer.
According to the Washington Post, US Commerce Secretary Howard Lutnik said in an interview with the US Consumer News and Business Channel (CNBC) on the 8th local time that the US delegation is expected to meet with Chinese officials next month to discuss trade issues. According to Lutnik, the members of the US delegation also include Treasury Secretary Scott Bessant and US Trade Representative Jamison Greer. (Global Network)
On February 20, Foreign Ministry Spokesperson Guo Jiakun hosted a regular press conference. Reuters reporters asked about the US State Department's revision of the US-China relations page. Guo Jiakun said that the US State Department revised the US-China relations page and the list of facts about US-China relations, distorted the truth, slandered China's foreign policy, and promoted the so-called Sino-US strategic competition. China is strongly dissatisfied with this and firmly opposes it.
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.
On July 21, according to News.bitcoin, the Department of Justice (DOJ) revealed that two foreign nationals pleaded guilty in federal court in Newark to participating in the Lockbit ransomware group. Russian citizen Ruslan Magomedovich Astamirov and Mikhail Vasiliev, who holds dual Canadian and Russian citizenship, have been identified as members of the Lockbit group. The group has been active since January 2020 and has targeted more than 2,500 victims in 120 countries, extorting around $500 mill...
On April 5th, according to Whale Alert monitoring, Tether Treasury has added 1 billion USDTs to its casting on Ethereum.
Ethena Labs has increased Bitcoin as a supporting asset for its USDe synthetic dollar. This decentralized finance (DeFi) protocol stated in a series of posts on X on Thursday that supporting USDe with Bitcoin will expand the size of its tokens pegged to the US dollar by more than 2.5 times and make its products safer for traders. This move comes as the Bitcoin derivatives market surpasses similar products based on Ethereum. The agreement stated on Thursday: "With..."