Semiconductor firms are seeking extra time to appeal last-minute Trump administration moves to block sales to China’s Huawei, hoping the Biden administration will reverse course.
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Huawei Technologies’ founder said on Tuesday he was confident that the Biden administration would bear in mind US business interests when forming its policy towards the Chinese technology giant.
US President Joe Biden’s nominee for commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei Technologies and other Chinese companies shouldn’t remain on a restricted trade list.
The Biden administration will work to safeguard American telecommunications networks from “untrusted vendors” like Huawei Technologies that threaten national security, the White House said.
US President Joe Biden has vowed to replace the US government’s fleet of roughly 650 000 vehicles with electric models as the new administration shifts its focus toward clean energy.
In the waning days of Donald Trump’s presidency, Jeremy Grantham warned that US stocks were in an epic bubble. He now predicts Joe Biden’s economic recovery plan will propel them to perilous new heights, followed by an inevitable crash.
Tesla chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a US$100-million prize for development of the “best” technology to capture carbon dioxide emissions.
Bitcoin slumped 10% on Thursday to a 10-day low of $31 977 as the world’s most popular cryptocurrency continued to retreat from the $42 000 record high hit on 8 January.
The recently updated website for President Joe Biden’s White House carried an invitation for tech specialists savvy enough to find it.
Eswatini – formerly Swaziland – has become the first, and possibly last, country in Africa to sign a pledge to join the outgoing Trump administration’s anti-China “Clean Network” programme.