The review shows the administration is following through on a threat by Trump during his spat with Musk to possibly terminate business and subsidies for Musk ventures.
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Qualcomm announces job cuts
“Qualcomm is conducting a reduction of our full-time and temporary workforce,” a company spokesperson who declined to be identifies said, without disclosing the exact numbers of job cuts. 0 2670
Musk pours cold water over Trump’s $500bn AI project ‘Stargate’
Elon Musk has bashed the $500bn AI investment made by US President Donald Trump, claiming that those backing the megadeal …
Trump rescinds Biden’s policy on regulating AI
President Donald Trump has wasted no time on walking back AI policy introduced by the outgoing Biden administration, following his …
TikTok: Time running out as US prepares to impose ban
TikTok is reportedly planning to turn off the app for its US users if a proposed plan comes into effect …
DAMAC Properties announce investment of $20bn in US datacentres
DAMAC Properties CEO Hussain Sajwani has announced that he will invest $20 billion in the construction of datacentres across the …
UK to reject US 5G warnings over Huawei
The UK government is expected to ignore calls from The White House to exclude Chinese telecommunication behemoth Huawei from participating …
US to lift ban on Huawei: report
US President Donald Trump and Chinese President Xi Jinping have agreed to resume trade talks at the G20 summit in Japan.
President of US-China business council describes treatment of Huawei as ‘murder’
The President of the US-China business council, Craig Allen, has launched a blistering attack on the Trump administration over its …
China tariffs could raise costs of Apple products
Apple has said proposed US tariffs on $200 billion worth of products imported from China will raise prices for some of …
US Congress grills Facebook, Twitter over political bias
Top executives from Facebook and Twitter defended their companies in the US Congress on Wednesday as lawmakers probe on what they believe as a failure to combat continuing foreign efforts to influence US politics.