Google faces mounting evidence of its search monopoly. A federal judge recently ruled – for the second time in a year – that Google illegally maintains a monopoly in ad tech. Google's response?
The United States set out to win a trade war with China. It failed. Years of tariffs, tech restrictions, and tough rhetoric have backfired, leaving America in a weaker position while China charges ahead with innovation and global influence.
Good Morning from San Francisco, Meta just kicked Apple's AI tools to the curb. All of them. 🥾 No
President Trump threatened TSMC with up to 100% import taxes if it fails to build plants in the United States. He made these remarks at a Republican National Congressional Committee event, taking aim at both the semiconductor giant and Biden's chip policies.
The president criticized Biden's $6.6 billion grant to TSMC's Arizona operations. "I gave them no money," Trump declared. "All I did was say, if you don't build your plant here, you're going to pay a big tax."
TSMC has already committed to a $100 billion U.S. investment, including five new chip facilities. The company announced these plans at the White House in March. This expansion marks a significant shift from their previous $65 billion investment target.
The timing is noteworthy. TSMC faces a potential $1 billion penalty over export control violations related to Huawei Technologies. The investigation centers on chips that ended up in Huawei's AI processors.
Trump claims his approach drove TSMC's expanded investment without taxpayer money. He suggested tariffs could range from 25% to 100%, though specifics remain unclear. TSMC declined to comment on Trump's statements.
Why this matters:
The United States set out to win a trade war with China. It failed. Years of tariffs, tech restrictions, and tough rhetoric have backfired, leaving America in a weaker position while China charges ahead with innovation and global influence.
SpaceX, Palantir, and Anduril have emerged as frontrunners to build key components of President Trump's "Golden Dome" missile defense system. The ambitious project aims to launch up to 1,200 satellites, creating a space-based shield to protect against missile attacks.
The global tech industry faces unprecedented pressure as Trump reverses course on electronics tariffs while China suspends exports of critical rare earth materials. This two-pronged assault threatens to reshape the electronics supply chain and drive up consumer costs.
Trump's White House claims Apple can start making iPhones in America right now. Press Secretary Karoline Leavitt says the U.S. has "the labor, workforce, and resources to do it." She points to Apple's $500 billion U.S. investment as proof.
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