Gina Raimondo News
24.03 / 00:31
UPS
Cooper
security
Research
Trade
country
electronic
Why India wants critical minerals in its trade deal with US
Subscribe to enjoy similar stories. Indian trade officials are pushing their American counterparts to stitch their recent critical minerals deal into an upcoming trade agreement, two people aware of the discussions said, a tweak that may unlock US tax benefits for electric vehicles and batteries using these scarce resources.
13.01 / 17:55
markets
security
Strategy
NVIDIA
Trade
country
reports
White House slaps new curbs on exports of Nvidia AI chips
White House unveiled sweeping new restrictions on the sale of advanced AI chips by Nvidia Corp and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition.
03.12 / 07:55
UPS
Manufacturing
Action
Software
Matthews
President
Department
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips
16.10 / 03:39
UPS
Citi
Provident
Manufacturing
Election
President
Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips
The Biden-Harris administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its fact...
30.09 / 11:27
markets
Reuters
Trade
country
reports
Schools
India, US likely to sign pact on critical minerals, sources say
critical minerals this week, two Indian government sources said, as the two countries try to bolster trade ties despite diplomatic hiccups. They are expected to sign an agreement to partner and cooperate in the area of critical minerals during Indian trade minister Piyush Goyal's visit to Washington, the sources said. Goyal is scheduled to be in the U.S. this week to discuss ways to deepen overall bilateral trade ties, according to one of the sources, weeks before the White House's preparation for a leadership change following the presidential election later this year.
24.09 / 05:19
markets
UPS
Extreme
Volkswagen
security
Software
U.S. moves to ban Chinese software, hardware from all vehicles in America
The U.S. government is proposing a ban on key Chinese software and hardware in connected vehicles on American roads due to national security concerns, the White House announced Monday.
23.09 / 12:37
markets
security
Software
wellness
reports
Department
Biden proposes banning Chinese vehicles from US roads with software crackdown
connected vehicles on American roads due to national security concerns — a move that would effectively bar nearly all Chinese cars from entering the U.S. market. The planned regulation, first reported by Reuters, would also force American and other major automakers in the coming years to remove key Chinese software and hardware from vehicles in the United States. The Biden administration has raised serious concerns about the collection of data by Chinese companies on U.S. drivers and infrastructure through connected vehicles as well as about potential foreign manipulation of vehicles connected to the internet and navigation systems. The White House ordered an investigation into the potential dangers in February.
18.09 / 12:01
Election
President
Experts
country
testing
International
Biden administration to host international AI safety meeting in San Francisco after election
Government scientists and artificial intelligence experts from at least nine countries and the European Union will meet in San Francisco after the U.S. elections to coordinate on safely developing AI technology and averting its dangers
13.09 / 17:18
CEO
security
Exelon
NVIDIA
President
reports
Videos
Top AI business leaders meet with Biden administration to discuss the emerging industry's needs
Top Biden administration officials have discussed the future of artificial intelligence with a group of executives from OpenAI, Nvidia, Microsoft and other companies
16.08 / 05:34
markets
Target
Reuters
security
Research
Department
International
US lawmakers urge probe of WiFi router maker TP-Link over fears of Chinese cyber attacks
US lawmakers want the Biden administration to probe China's TP-Link Technology Co and its affiliates for potential national security risks from their widely used WiFi routers over fears they could be used in cyber attacks against the U.S. Republican Representative John Moolenaar and Democratic Representative Raja Krishnamoorthi, who lead the House Select Committee on China, requested a Commerce Department probe in a Tuesday letter seen by Reuters. According to research firm IDC, TP-Link, which focuses on the consumer market, is the top seller of WiFi routers internationally by unit volume.
13.07 / 04:59
Citi
Provident
Metro
Research
country
innovations
medicines
Biden administration provides $504 million to support 12 technology hubs nationwide
The Biden administration says it's providing $504 million in implementation grants for a dozen technology hubs in Ohio, Montana, Nevada and Florida, among other locations
21.06 / 02:13
Reuters
Action
security
Software
reports
Department
Biden bans US sales of Kaspersky software over Russia ties
Biden administration on Thursday announced plans to bar the sale of antivirus software made by Russia's Kaspersky Lab in the United States, with Commerce Secretary Gina Raimondo saying that Russia's influence over the company poses a significant security risk. The software's privileged access to a computer's systems could allow it to steal sensitive information from American computers or install malware and withhold critical updates, enhancing the threat, a source said, noting that Kaspersky's customers include critical infrastructure providers and state and local governments.
04.06 / 04:31
Citi
Google
JPMorgan
economy
Election
BlackRock
country
US, Indo-Pacific partners holding talks in Singapore on clean energy
Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a «Clean Economy» investor forum to boost infrastructure and climate investments across the region.
18.04 / 01:29
Manufacturing
awards
Micron
wellness
electronic
information
Department
Micron to get $6 billion from govt for domestic chip factories, aims to bring production back to US soil
chips, is poised to get more than $6 billion in grants from the Commerce Department to help pay for domestic factory projects, part of an effort to bring semiconductor production back to American soil. The award, which isn’t yet finalized, could be announced as soon as next week, according to people familiar with the matter. It’s not clear whether the company also plans to accept loans available through the 2022 Chips and Science Act in addition to the direct grant funding.
16.04 / 10:33
UPS
Provident
Manufacturing
Research
electronic
Department
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas
08.04 / 23:25
UPS
Provident
Manufacturing
security
Microchip
reports
Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US
The Biden administration has pledged to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the...
08.04 / 19:57
UPS
Manufacturing
awards
Research
President
Department
Samsung to get $6-7 billion in chip subsidy next week for Texas expansion
Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be unveiled by Commerce Department Secretary Gina Raimondo, will go towards construction of four facilities in Taylor, including one $17 billion chipmaking plant that Samsung announced in 2021, another factory, an advanced packaging facility and a research and development center, one of the sources said.
05.04 / 19:25
SUN
WhatsApp
Experts
reports
Department
Did China develop an 'Enigma' machine to penetrate US Govt officials' accounts?
The hacking prowess seems to have taken a massive surge and the suspicion falls upon Xi Jinping's China government which has a long history of cyber-hacking Western government officials, mostly in the United States and United Kingdom.
03.04 / 02:27
Target
security
economy
Discover
reports
Department
prevention
Scathing federal report rips Microsoft for shoddy security, insincerity in response to Chinese hack
A Biden administration-appointed review board has issued a scathing indictment of Microsoft corporate security and transparency
20.03 / 19:15
UPS
Manufacturing
awards
President
show
2020
Department
Intel clinches $19.5 billion in grants and loans from Biden to boost US chip output
By Alexandra Alper and David Shepardson
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