Government Archives - Page 14 of 268

2 minute read

Microsoft President Brad Smith Summoned By House Committee To Address Cybersecurity Concerns After Recent Government Email Hacks

May 10, 2:16 AM

The House Committee on Homeland Security has requested Microsoft Corp President Brad Smith to appear for a hearing on cybersecurity concerns.

MSFT

2 minute read

Australia Calls For Inquiry Into Meta’s Facebook, Elon Musk’s X, TikTok To ‘Make These Platforms Accountable For Their Decisions’

By Benzinga Neuro

May 9, 11:45 PM

The Australian government has expressed concerns over the lack of regulation and oversight on social media platforms, which have a significant impact on the content viewed by Australians. The inquiry will specifically focus on the platforms' handling of violent content and their withdrawal from paying for news in Australia.

FAA Oversight Under Scrutiny After United Airlines Mishaps

By Shivani Kumaresan

May 9, 2:29 PM

FAA Oversight Under Scrutiny: United Airlines Faces Maintenance Audit" - The U.S. Transportation Department's Office of Inspector General launches an audit into FAA's oversight of maintenance at United Airlines, following a series of incidents

AAL

2 minute read

Nippon Steel’s Chair Hopes For ‘Calmer Discussion’ After 2024 Election As $14.9B US Steel Deal Faces Political Resistance

By Benzinga Neuro

May 9, 7:57 AM

The company reassured that the merger would not lead to job losses or plant shutdowns.

4 minute read

Biden Says He’s Already Turned Economy Around, Blames ‘Corporate Greed’ For Persistently High Inflation: ‘We’ve Got To Deal With It’

By Shanthi Rexaline

May 9, 5:49 AM

Despite negative perception among people regarding Bidenomics, the president launched a strong defense of his policy.

SPY

2 minute read

Apple Reverses Sales Decline in China with Impressive March Shipment Growth

By Anusuya Lahiri

May 8, 12:55 PM

Apple's Chinese iPhone shipments rose 12% in March thanks to price cuts. This signals a rebound from previous declines and potential for market recovery.

AAPL

2 minute read

Joe Biden Set To Unveil Microsoft’s $3B AI Data Center Plan On Same Wisconsin Land Where Trump Tried To Execute His Mega Foxconn Fantasy

By Benzinga Neuro

May 8, 8:08 AM

Biden's announcement comes as part of his efforts to promote bipartisan legislation on infrastructure and semiconductor subsidies.

MSFT

2 minute read

Biden Administration Tightens Grip On China’s Huawei, Revokes Key Export Licenses From US Chipmakers

By Piero Cingari

May 7, 4:23 PM

The Biden admin revoked export licenses to Intel and Qualcomm, escalating US efforts to curb Huawei's tech ascent due to national security concerns.

AMD

2 minute read

Intel’s New Venture in Japan: Pioneering Automation in Chip Manufacturing by 2028

By Anusuya Lahiri

May 7, 2:36 PM

Intel partners with 14 Japanese companies to develop automation tech for semiconductor processes. Microsoft plans $2.9B investment in Japanese data centers, TSMC to source materials locally, Amazon to invest $15.5B in data centers and business operations.

AMZN

2 minute read

Warren Buffett Was Right! America’s Billionaires Now Pay Lower Tax Rate Than Working Class For First Time Ever, New Analysis Shows

By Shanthi Rexaline

May 7, 6:20 AM

According to economist Gabriel Zucman, the effective tax rate of the 400 richest Americans in 2018 was 23%, slightly lower than the 24% rate for the bottom half of income earners.

SPY