Taiwan Semiconductor Manufacturing Co. Chairman Mark Liu said the company is mulling a plan to build a new chipmaking facility in Germany in addition to a potential semiconductor plant in Japan. TSMC’s plans for U.S. expansion, which include plans to build a plant in Arizona, will be focused mostly on infrastructure and national security applications. (Bloomberg)
The Federal Trade Commission was granted a three-week extension to file an amended complaint in its antitrust lawsuit against Facebook Inc., with U.S. District Court Judge James Boasberg of the D.C. Circuit setting an Aug. 19 deadline for the agency and giving Facebook until Oct. 4 to respond. (Reuters)
Details on broadband funding in the Senate’s infrastructure package are still unresolved, according to a Democratic aide familiar with the negotiations, as lawmakers worked over the weekend to finalize an agreement. Talks regarding the roughly $65 billion funding proposal have centered on the distribution of funds to states and increasing the affordability of broadband to low-income Americans, with lawmakers aiming to mirror the policy in the December COVID-19 relief bill that provides $50 per month to qualifying households to pay their broadband bills. (The Wall Street Journal)
The Biden administration has no imminent plans to hit China with economic sanctions for the Microsoft Exchange hack that U.S. officials have attributed to Beijing, according to people familiar with the matter, with two sources saying some members of the administration believe economic sanctions would not be an ineffective deterrent for future cyberattacks. (Bloomberg)
Many businesses have treated Amazon.com Inc. and Microsoft Corp. as the only options as they look to embrace cloud-computing. But IT managers now are realizing they have leverage in an increasingly competitive industry.
The Pentagon said on Friday that drones produced by Chinese manufacturer Da Jiang Innovations (DJI) pose a potential threat to national security and that a media report that they were approved for purchase by the U.S. government was inaccurate.
Alphabet’s public-facing history with robotics has, thus far, been a spotty one. Most notably, Google X’s big acquisition push culminated in its selling Boston Dynamics to SoftBank (who eventually flipped it to Hyundai). Alphabet/Google’s subsequent approach has been less flashy and focused on more immediate robotic tasks.
For many, the rise of commercial space tourism is a vulgar display of wealth and power. Amid several global crises, including climate change and a pandemic, billionaires are spending their cash on launching themselves into space for fun.
VCs are particularly concerned about efforts in Congress to restrict mergers and acquisitions by dominant platforms. Some of those proposals would work by shifting the burden of proof onto those firms in merger cases to show their deals would not harm competition.
Huawei is hiring Democratic lobbyist Tony Podesta as a consultant, according to two people familiar with the matter. Podesta will aim to help the controversial Chinese telecom giant warm relations with the Biden administration.
Amazon Web Services is dramatically marking up the price of networking bandwidth for moving data out of its cloud, with customers in the U.S., Canada and Europe paying 80 times more than what AWS pays, according to a blog post by Matthew Prince, CEO and co-founder of Cloudflare, which sells content delivery and cybersecurity services.
Oracle Cloud Infrastructure, the database giant’s flagship cloud unit and its answer to the dominant Amazon Web Services, has instructed its employees to focus on an updated set of priorities for the next several quarters, according to a memo viewed by Insider.
A House version of a bill has been introduced that would mandate that Ligado pay for correcting any interference to GPS equipment that their use of satellite spectrum for a 5G terrestrial network may cause. The lead co-sponsors of the bipartisan bill are Rep. Jim Turner (D-Tenn.) and Mike Turner (R-Ohio).
Two major chipmakers this week gave very different views of whether soaring demand for semiconductors will start to ease in the second half of the year, and it may take another round of earnings next week to settle the question.
Senior government officials around the world – including individuals in high national security positions who are “allies of the US” – were targeted by governments with NSO Group spyware in a 2019 attack against 1,400 WhatsApp users, according to the messaging app’s chief executive.
Jake Bleiberg and Eric Tucker, The Associated Press
It was the start of a steamy Friday two Augusts ago when Jason Whisler settled in for a working breakfast at the Coffee Ranch restaurant in the Texas Panhandle city of Borger. The most pressing agenda item for city officials that morning: planning for a country music concert and anniversary event.
Emanuel Maiberg and Lorenzo Franceschi-Bicchierai, Motherboard
Shalev Hulio, the CEO and cofounder of NSO, the Israeli surveillance company at the center of a bombshell investigation this week that found its tools have been used to spy on journalists, politicians, and human rights activists around the world, is now suggesting that the Boycott, Divestment, and Sanctions (BDS) movement that’s trying to pressure Israel to end its occupation of Palestine is somehow behind the story.
As the nation faces a fourth wave of Covid-19, Amazon warehouse workers say the company is notifying them of a rising number of cases among employees. At the same time, the company is relaxing its mask policies and shutting down on-site free testing at the end of the month.
The United Steelworkers Union (USW) said Friday it has reached a tentative contract deal with a sub-contractor for Google Pittsburgh. The announcement comes almost two years after employees of engineering and IT contractor HCL Technologies voted to unionize, saying that even though they worked alongside Google employees, they didn’t receive the same benefits.
Apple grabbed headlines this week when it told employees it would delay its office reopening until October or later. But the iPhone maker wasn’t alone: At least two other Silicon Valley companies decided to delay their reopenings last week in response to rising COVID-19 case counts.
Richard T. Cullen (Executive Director, Connect Americans Now), Tom Ferree (Chairman and CEO, Connected Nation) and Betsy Huber (President, National Grange), Morning Consult
Alaska currently sits in last place when American states are ranked on access to broadband. In New York City, where broadband infrastructure is widely present, 45 percent of adults still don’t use the internet at broadband speeds. This national problem requires comprehensive and permanent solutions and resources from Washington.
Adam Sohn et al., Network Contagion Research Institute
The brand disinformation ecosystem sits at the intersection between cyber risk and economics. It is massive, yet can be difficult to detect. Its real-world effect on companies can be devastating and long-lasting. For example Comet Ping Pong Pizza still suffers from picketing and protests; new videos proliferate on a daily basis spreading the Wayfair human trafficking conspiracy theory; and 5G cell towers continue to be targeted. Within this ecosystem, a burgeoning industry of disinformation providers meets the growing demand for disinformation dissemination.