Trouble Brews For Chinese Chipmakers As US Senators Propose Harsher Measures
U.S. Senate Majority Leader Chuck Schumer and Republican Senator John Cornyn are lobbying hard for a ban on…
From ‘Smoke And Mirrors’ To ‘Greed And Deception’: Senator Elizabeth Warren Doubles Down On Criticism Of FTX, Crypto
A U.S. senator is taking aim at the cryptocurrency industry after the exchange platform FTX mishandled billions of dollars worth of customer assets to fund risky trades.
India’s Revised Data Privacy Bill Appears As Relief For Big Techs, But Also Comes With Harsher Penalty
India plans to allow the transfer and storing of personal data in some countries overseas.
Kroger, Albertsons Ceos Expected To Testify Before Senate Antitrust Subcommittee On Grocery Deal At Hearing Set For Nov 29
https://subscriber.politicopro.com/article/2022/11/kroger-albertsons-ceos-expected-to-testify-in-senate-on-25-billion-deal-00069390
Adobe’s Figma Deal Battles Regulatory Headwinds
Adobe Inc (NASDAQ:ADBE) received a second request for information from the U.S. Department of Justice on its proposed $20 billion acquisition.…
Taiwan Offers Lucrative Tax Breaks To Beef Up Its Cutting Edge Semiconductor Technology Position
Taiwan proposed more significant tax breaks for technology companies’ research and development (R&D), seeking to retain its leading position…
Tencent Wins Its First Gaming License Since China Froze Approval
Chinese gaming giant granted publishing licenses to 70 online games, including titles belonging to Tencent Holding Ltd (OTC:TCEHY), NetEase, Inc (NASDAQ:NTES), and…
Larry Summers Considers Debt Limit ‘Much More Serious Risk’ Amid Rising Interest Rates, Divided Congress
Former Treasury Secretary Lawrence H. Summers believes the debt limit terror is a very serious threat in the backdrop of the current political scenario.
“Debt limit terror is a much more serious risk in the context of rising interest rates, Treasury market illiquidity and increased foreign holdings of U.S. securities,” Summers said.
Sam Bankman-Fried Lobbied Key Regulator To Let Retail Investors Borrow Money To Trade Crypto Derivates, Says CFTC Chair
Sam Bankman-Fried, the CEO of the beleaguered FTX cryptocurrency exchange, wanted regulators to let retail investors trade cryptocurrency derivatives with borrowed funds, according to the head of a U.S.
Lockheed Bags Deal With Microsoft For Efficient Information Sharing With Pentagon
Lockheed Martin Corp (NYSE:LMT) and Microsoft Corp (NASDAQ:MSFT) reached a landmark expansion of their strategic relationship to help power the next…