US Commerce Department finalises $6.6bn subsidy to TSMC for leading-edge chip plants in Arizona, as Biden term nears end
TECHNOLOGY POWERING BUSINESS
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Northvolt Mulls US Bankruptcy Protection – Report
Troubled battery maker Northvolt reportedly considers Chapter 11 bankruptcy protection in the United States as possible option
FTC Plans Investigation Into Microsoft Cloud Business – Report
Microsoft's cloud business practices are reportedly facing a potential anti-competitive investigation by the FTC
Meta Fined €798m Over Alleged Facebook Marketplace Violations
Antitrust penalty. European Commission fines Meta a hefty €798m ($843m) for tying Facebook Marketplace to its social network
Elon Musk Rebuked By Italian President Over Migration Tweets
Tesla Recalls 2,431 Cybertrucks Over Propulsion Issue
Recall number six in 2024 for Tesla Cybertruck, and this time the fault cannot be fixed with an over-the-air software update
Bitcoin Surges To Above $93,000 For First Time
Bitcoin price reaches new record, amid hope that incoming Trump administration will implement crypto-friendly policies
Users Flock To Bluesky Post Election, As Guardian Leaves X
Bluesky briefly tops download charts in UK and US, as Guardian newspaper says it is no longer posting on Elon Musk's X
Trump Appoints Elon Musk To Lead Government Efficiency Department
Slash-and-burn cuts for federal staff? Elon Musk and former presidential candidate Vivek Ramaswamy appointed to lead Doge
UK Government Launch AI Safety Platform For Businesses
New AI assurance platform from UK government will help businesses ensure they can safely develop and deploy AI systems
Australia Plans Social Media Ban For Children Under 16
Protecting kids? Australian government confirms plan to implement restriction on social media for children under 16
Canada Orders Shutdown Of TikTok’s Canadian Business
Canada ordered China's TikTok business in the country to be dissolved over national security risks, but does not ban access to app
Apple Set To Be Fined Under EU’s Tough DMA – Report
Tech giant Apple could be facing another hefty financial penalty, amid a report the EU is set to fine it under the tough DMA
Donald Trump Election Victory, And Implications For Tech Sector
Victory of Donald Trump in the US Presidential election and the potential implications for the tech industry
UK Orders Chinese Entity To Sell Stake In Scottish Chip Firm FTDI
Chinese owner of Scottish fabless semiconductor firm FTDI ordered to sell majority stake, due to national security risks
Google Fined More Than World’s GDP By Russia
Good luck. Russia demands Google pay a fine worth more than the world's total GDP, over YouTube bans on pro-Russian media outlets
CMA Begins Probe Into Alphabet Partnership With Anthropic
UK competition regulator begins phase one investigation into Alphabet's partnership with AI startup Anthropic
TSMC Stops Supplying Customer, After Discovery Of Restricted Chip
After alerting the US of an attempt to circumvent US export controls, TSMC halts chip supply to an unidentified customer
Hong Kong Bans WhatsApp, Google Drive On Government Devices
Hong Kong government moves against two prominent Western tech platforms and bans them on government devices
Ofcom Finds Online Posts Were Clearly Connected To UK Riots
UK regulator says social media posts “appears to have contributed” to riots following murder of three girls in Southport
UK Government Signs Five Year Deal With Microsoft
Multi-year partnership signed between UK government and Microsoft to accelerate public sector digitalisation
TSMC Alerts US Of Attempt To Circumvent China AI Chip Restriction
World's largest contract chip manufacturer informs the United States of a potential Chinese attempt to circumvent US export controls
Chinese Hackers Breach US Wiretap Systems – Report
AT&T and Verizon among US broadband providers reportedly hacked to target American government wiretapping platform
Elon Musk’s X To Avoid EU’s Tough DMA – Report
Musk's X will reportedly not be designated as a 'gatekeeper', that would have subjected it to onerous DMA obligations
Largest US Water Utility Suffers Cyberattack
Hack of critical infrastructure in the US, as American Water admits “unauthorised activity” on computer network and systems
Brazil To Restore X Access After Elon Musk Complies With Court Orders
Supreme Court clears X to resume access in Brazil, after high profile clash between top judge and Elon Musk
Google Confronts Break-Up Threat From US DoJ
US Department of Justice mulls asking judge to force Google to sell parts of its business to eliminate online search monopoly
US, Microsoft Disrupts Russian FSB Hackers
Internet domains used by “Russian intelligence agents and their proxies” for cyberattacks, seized by the United States and Microsoft
Browser Firms Press EU To Reconsider Microsoft Edge As Gatekeeper
Browser firms write to European Commission alleging Microsoft's Edge web browser enjoys an unfair advantage
Biden Exempts Some Chip Factories From Extra Environmental Scrutiny
Certain semiconductor factories in US receiving government subsidies are to be exempt from federal environmental reviews