Intel Chief Promotes Chipmaking Plan to U.S., Global Leaders

Intel chief executive Pat Gelsinger and board members met with the Biden administration to promote his company’s plan to build more semiconductor factories with subsidies from the U.S. government. Currently, Asian-owned chip factories, which receive hefty incentives, dominate chip production. There’s also an “unprecedented” global shortage of chips, which is impacting the auto and consumer appliance industries. Gelsinger was hired this year to improve the fortunes of the beleaguered Intel. Continue reading Intel Chief Promotes Chipmaking Plan to U.S., Global Leaders

TikTok-Oracle Deal Rests on Data Security, Ownership Details

In its deal with Oracle, ByteDance is angling for majority ownership of TikTok. “Conceptually, I can tell you I don’t like that,” responded President Donald Trump, who is still in favor of U.S. majority ownership of the app’s operations. Although Trump admitted he hadn’t been briefed on the specifics of the deal, Senate Republicans and others are concerned that it falls short of the original goal. A source stated that Treasury Secretary Steven Mnuchin aims to ensure that U.S. ownership is “well over 50 percent.” Meanwhile, the Commerce Department, at President Trump’s direction, announced this morning that TikTok and WeChat will be banned from app stores in the U.S. beginning on Sunday. Continue reading TikTok-Oracle Deal Rests on Data Security, Ownership Details

Senators Introduce 5G Security Bill for Next-Gen Networks

Senior U.S. senators proposed the Secure 5G and Beyond Act to guide the development of a domestic security strategy for next-gen networks. Senators John Cornyn, Richard Burr and Mark Warner, with co-sponsors Susan Collins, Tom Cotton, Marco Rubio and Michael Bennet reached across the aisle to pen an act reflecting concern over the security of the U.S. telecommunications system. The act would prevent President Trump from recommending that 5G or other future telecom networks be nationalized, which his advisors recently proposed. Continue reading Senators Introduce 5G Security Bill for Next-Gen Networks

Music Modernization Act Could Impact Copyright, Licensing

The Senate Judiciary Committee voted in favor of the Music Modernization Act, which updates music copyright law for the digital age. Tech companies, music publishers, songwriters, musicians and radio broadcasters cooperated to put together the bill, after years of proposing unsuccessful legislation. With this bill closing some of the flaws of past laws, music publishers and streaming services will likely end the constant wrangling and expensive lawsuits that have bedeviled the digital music industry. Continue reading Music Modernization Act Could Impact Copyright, Licensing

Government Wants Hearing with Tech Firms Over China Ties

Senate Intelligence Committee vice chair Mark Warner wrote to Alphabet and Twitter to raise questions about their relationships with Chinese vendors. Now, he and other top Committee members want to call in Facebook, Google and Twitter chief executives to a public hearing about their platforms’ security, especially with regard to their relationships with Chinese telecommunication companies. Warner also asked Google for information about its partnership with Tencent for patent sharing and future technology development. Continue reading Government Wants Hearing with Tech Firms Over China Ties