Biden Signs Bill to Boost Chip Production and Supply Chains

President Biden signed the expansive $280 billion CHIPS and Science Act into law yesterday. The legislation includes $52.7 billion in subsidies and tax credits to help strengthen U.S. semiconductor manufacturing, research and workforce development. In addition to revitalizing domestic manufacturing efforts, the package intends to “create good-paying American jobs, strengthen American supply chains, and accelerate the industries of the future,” explains the White House. The measure is also part of larger effort by the federal government to combat the growing influence of China, especially involving tech sectors and the potential impact to security and privacy. Continue reading Biden Signs Bill to Boost Chip Production and Supply Chains

FAA Rule Upheld: Most Drones Will Be Remote ID Compliant

A federal court upheld Federal Aviation Administration rules ensuring drones use Remote Identification technology to transmit a “digital license plate” with unique identifiers while in flight. The rule was challenged by Tyler Brennan, owner of the drone e-tailer RaceDayQuads, who argued the FAA’s Remote ID rules amount to “constant, warrantless governmental surveillance,” in violation of the U.S. Constitution’s Fourth Amendment. The rules are widely supported by the drone industry, which sees them as a path to expanded drone use by addressing concerns about safety and security. Continue reading FAA Rule Upheld: Most Drones Will Be Remote ID Compliant

Congress Passes CHIPS Act to Boost Production, Research

After more than a year of wrangling, the Senate on Wednesday passed a bipartisan tech and science funding bill in a 64-33 vote. The CHIPS and Science Act commits $280 billion to be spent over five years in what is being called the largest manufacturing, research and development initiative of its kind. The largest single area of investment is $76 billion to fund domestic semiconductor production, which includes $24 billion in new tax incentives. Yesterday, the bill passed in a 243-187 House vote and now heads to President Biden’s desk to be signed into law. The legislation aims to bolster national security by making the U.S. chip independent and boosting competition against China. Continue reading Congress Passes CHIPS Act to Boost Production, Research

TikTok Promises Government That User Data Will Remain Safe

In the wake of an FCC commissioner’s call to have TikTok banned from the Apple and Android stores, company CEO Shou Zi Chew issued a letter assuring senators that the China-based company is doing all it can to “remove any doubt about the security of U.S. user data.” Responding to questions from nine Republicans — including ranking Senate Commerce Committee member Roger Wicker (R-Mississippi) — Chew reiterated the claim that TikTok maintains American user data on servers controlled by the U.S. company Oracle, with plans for third-party audits. The dust-up follows an incendiary report by BuzzFeed News. Continue reading TikTok Promises Government That User Data Will Remain Safe

FCC’s Carr Says TikTok Should Be Banned from App Stores

TikTok is facing blowback from the Federal Communications Commission, with one member asking Apple and Google to remove the social video platform from their app stores. FCC commissioner Brendan Carr warned in a joint letter to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai that “TikTok is not what it appears on the surface. It’s not just an app for sharing funny videos and memes,” but a sophisticated surveillance tool “that harvests extensive amounts of personal and sensitive data.” As a division of China’s ByteDance, TikTok is “required by Chinese law” to share data with the PRC government. Continue reading FCC’s Carr Says TikTok Should Be Banned from App Stores

Broadcom Targets Software with $61 Billion VMware Purchase

Broadcom announced it will acquire VMware in a cash-and-stock transaction that values VMware at $61 billion. The deal, which expands semiconductor supplier Broadcom into enterprise software, is among the top technology transactions of all time, right behind Microsoft’s pending $69 billion purchase of Activision Blizzard and Dell’s 2016 acquisition of EMC for $67 billion. Broadcom will also assume $8 billion of VMware debt. The news sent shares of Broadcom up 2 percent and VMware more than 1 percent early Thursday. VMware enterprise products optimize client-side servers as well as cloud servers. Continue reading Broadcom Targets Software with $61 Billion VMware Purchase

The U.S. and European Union Strategize Global Tech Policies

The U.S. and European Union are seeking to establish joint policies that advance cooperation and democratic approaches to trade, technology, and security on both sides of the Atlantic. The second meeting of the U.S.-EU Trade and Technology Council (TTC) — May 15-16 in Saclay, near Paris — emphasized how Washington, Brussels and other free-market democracies should develop a joint response to the challenges presented by dictatorships and their controlled economies. In addition to semiconductor supply chain issues, topics including China’s digital clout, export controls for technology IP and human rights were discussed. Continue reading The U.S. and European Union Strategize Global Tech Policies

Intel Vies for Lead in an Increasingly Complex Chip Business

The competition for global computer chip dominance depends largely on who can create the smallest components with the most advanced capabilities. So far, Taiwan-based TSMC leads, and the nation accounts for more than 90 percent of global production of advanced chips. By comparison, the U.S. claims about a 12 percent share, prompting the government to cite reliance on foreign-made processors as a cause of inflation and a national security threat. California-based Intel is heeding the challenge, spending billions on initiatives for AI computing, a high-end microprocessor plant expansion in Arizona and new plant in Ohio. Continue reading Intel Vies for Lead in an Increasingly Complex Chip Business

Researchers Discover Malware on Apps in Google Play Store

Google has removed dozens of apps from the Google Play Store after finding they were harvesting data from millions of Android phones. The spyware creator, Panama’s  Measurement Systems S. de R.L., has been linked with a Virginia defense contractor that has done work for U.S. national-security agencies in the areas of cyberintelligence, network defense and intelligence intercepts. Researchers found the errant code embedded in apps for Muslim prayers, speed-trap detection, QR-code reading and other popular consumer programs that have been downloaded more than 10 million times. Continue reading Researchers Discover Malware on Apps in Google Play Store

CISA and FBI Warn of Possible Attacks on Satellite Networks

The U.S. government has issued a cybersecurity alert warning of “possible threats” to satellite communication networks and the country’s critical infrastructure. Concerned that recent attacks on European satellite networks could spread to the United States, a joint advisory published last week by the FBI and the Cybersecurity and Infrastructure Security Agency cited CISA’s “Shield’s Up” initiative, which warns that Russia’s invasion of Ukraine could trigger homeland attacks. The alert requests “all organizations significantly lower their threshold for reporting and sharing indications of malicious cyber activity.” Continue reading CISA and FBI Warn of Possible Attacks on Satellite Networks

Biden Orders Roadmap for Responsible Crypto Development

Bitcoin and other cryptocurrencies enjoyed an 8 percent jump in value Wednesday following President Joe Biden’s signing of a six-part executive order designed to protect U.S. consumers, investors and businesses, foster global financial stability and mitigate the national security risks presented by the illicit use of digital assets. The Executive Order also seeks to reinforce U.S. leadership in the global financial system, promote a more equitable financial system and encourage technological development and responsible use of digital assets. Perhaps most surprisingly, the order also prioritizes exploring a U.S. Central Bank Digital Currency (CBDC). Continue reading Biden Orders Roadmap for Responsible Crypto Development

European Chips Act Aims to Boost Production, EU Tech Role

The European Commission is ramping up to boost microchip production, unveiling the European Chips Act, which proposes to unleash roughly $49 billion in public and private funds for chipmaking. The plan, announced this week, is part of the EU’s effort to regain a degree of commercial independence, and underscores the importance of computer chips to national security, something the Biden administration has also emphasized. The EC proposal reserves for the Commission the right to prioritize specific products under certain circumstances, something the chip foundries of various nations have also been doing. Continue reading European Chips Act Aims to Boost Production, EU Tech Role

Biden Administration Intends to Contain TikTok Security Risk

The Commerce Department is taking steps to shore-up federal rules against potential security risks from foreign-owned social platforms like ByteDance’s TikTok, expanding federal oversight to include apps that might be used by “foreign adversaries to steal or otherwise obtain data,” a recent filing in the Federal Register stipulates. The proposed rule allows the commerce secretary to designate certain foreign apps as security risks and force software connected to the Internet to submit to third-party auditing. Such audits could include monitoring logs that show user data as well as the parsing of source code. Continue reading Biden Administration Intends to Contain TikTok Security Risk

Intel Announces Plans for New $20 Billion Chip Plant in Ohio

Intel is building a new $20 billion chip foundry in Ohio, where CEO Patrick Gelsinger says the company envisions investing more than $100 billion over the next decade to create a complex of up to eight plants. The move is part of a U.S. effort to increase domestic production of computer chips, alleviating supply chain shortages and reducing reliance on foreign suppliers. The new build, located near Columbus, is an economic boon for Ohio, creating 7,000 construction jobs and eventually employment for about 3,000 people in two flagship factories, and potentially many more jobs through the satellite suppliers nearby. Continue reading Intel Announces Plans for New $20 Billion Chip Plant in Ohio

CES: Members of Congress Discuss Cybersecurity Concerns

Congresswoman Nanette Diaz Barragán (D-California), who serves on the House Committee on Homeland Security and the House Committee on Energy and Commerce, is concerned about the potential harm of cyberattacks in her 44th district, which includes of the Port of Los Angeles. Congressman Jay Obernolte (R-California), among his other assignments, is a member of the Committee of Science, Space and Technology and two caucuses, one on 5G and another on AI.  What they both have in common are concerns about cybersecurity, topics that were addressed during a panel at CES 2022. Continue reading CES: Members of Congress Discuss Cybersecurity Concerns