Although China’s response to the latest curbs was swift and seemingly strong, experts told Ars that China’s response to Biden’s last round of tariffs was relatively muted. It’s possible that this week’s ban on exports into the US could also be a response to President-elect Donald Trump’s threat to increase tariffs on all Chinese goods […]
December 3, 2024 | biden administration, china, china tariffs, Donald Trump, export ban, Policy, rare earth metals, tech manufacturing, us-china trade war | No comments
Oh, Enron, I thought—hoped and dreamed?—you were long, long gone, confined to the dustbin of history reserved for seriously fraudulent companies. But apparently not. More than two decades after Enron’s bankruptcy in December 2001, the company is back. Well, at least an entity using the website Enron.com went public on Monday, announcing Enron’s relaunch as […]
December 3, 2024 | cryptocurrency, Enron, fraud, Policy | No comments
The new stockholder vote could shift the burden of proof, but only if the vote is “fully informed and uncoerced,” McCormick wrote. Shareholder Richard Tornetta, the plaintiff who launched the lawsuit that got Musk’s pay rescinded, “has demonstrated that the vote was not fully informed,” today’s ruling said. The January ruling in which McCormick voided […]
December 2, 2024 | elon musk pay plan, Policy, Tesla | No comments
OpenAI provided a statement to Ars today saying that “Elon’s fourth attempt, which again recycles the same baseless complaints, continues to be utterly without merit.” OpenAI referred to a longer statement that it made in March after Musk filed an earlier version of his lawsuit. The March statement disputes Musk’s version of events. “In late […]
December 2, 2024 | AI, Elon Musk, openai, Policy | No comments
But while Commerce Secretary Gina Raimondo said that these new curbs would help prevent “China from advancing its domestic semiconductor manufacturing system” to modernize its military, analysts and “several US officials” told The Post that they pack “far less punch” than the prior two rounds of export controls. Analysts told The Wall Street Journal that […]
December 2, 2024 | AI chips, applied materials, Chips Act, kla, lam research, Policy, Samsung, semiconductor, us-china trade war | No comments
In a surprise move, Intel CEO Pat Gelsinger has stepped down as head of the company after less than four years, as reported by Reuters and other outlets. The change caps a chaotic year for Intel, which is poised to report its first annual financial loss since 1986 and announced layoffs of at least 15,000 […]
December 2, 2024 | CEO, foundry, idm 2.0, Intel, pat gelsinger, Policy, Tech | No comments
Eliminating cellular dead zones Starlink says it will offer texting service this year as well as voice and data services in 2025. Starlink does not yet have FCC approval to exceed certain emissions limits, which the company has said will be detrimental for real-time voice and video communications. For the operations approved yesterday, Starlink is […]
November 27, 2024 | Policy, starlink | No comments
Additionally, the DOJ wants Mehta to stop Google from any potential self-preferencing, such as making an AI product mandatory on Android devices Google controls or preventing a rival from distribution on Android devices. The government seems very concerned that Google may use its ownership of Android to play games in the emerging AI sector. They’ve […]
November 27, 2024 | AI, ai search, Antitrust law, copilot, generative ai, Google, google search, google search monopoly, microsoft, Policy, search engines | No comments
Prior authorization Elsewhere in the over 700-page proposal, the administration lays out policy that would bar Medicare Advantage plan providers from reopening and reneging on paying claims for inpatient hospital admission if those claims had already been granted approval through prior authorization. The proposal also wants to make criteria for coverage clearer and help ensure […]
November 27, 2024 | GLP-1, Health, healthcare, Policy, weight loss | No comments
If the FCC leadership wasn’t changing hands, the Notice of Inquiry could be the first step toward a rulemaking. “We cannot ignore these complaints, especially not when we know that it is possible to do better… We want to help improve the customer experience, understand what tools we have to do so, and what gaps […]
November 26, 2024 | broadband, federal communications commission, Policy | No comments