T-Mobile scraps DEI programs while seeking crucial FCC approval for major business deals

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T-Mobile informed the head of the Federal Communications Commission (FCC) that the wireless company will end its diversity, equity and inclusion (DEI) programs while it awaits approval from the agency on two key business deals. In a letter to FCC Chair Brendan Carr, which was made public Wednesday, T-Mobile said it will no longer have specific roles […]


China warns Trump on tariffs, threatens retaliation on supply chain deals

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China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains. Washington and Beijing agreed to a trade framework in June that restored a fragile truce, but with many […]


Trump’s Computer Chip Deals With Saudi Arabia and UAE Divide US Government

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Over the course of a three-day trip to the Middle East, President Trump and his emissaries from Silicon Valley have transformed the Persian Gulf from an artificial-intelligence neophyte into an A.I. power broker. They have reached an enormous deal with the United Arab Emirates to deliver hundreds of thousands of today’s most advanced chips from […]


Donald Jr. and Eric Trump Pursue New Deals That Would Enrich President Trump

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A contest of sorts has played out across Europe, the United States and the Middle East in recent days as President Trump’s two older sons have pursued a blitz of family moneymaking ventures capitalizing on their father’s name and power, each seemingly trying to outdo the other. It is a rush to cash in that […]


DeepMind UK staff to unionize and challenge deals with Israel links, FT reports

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Google DeepMind staff in Britain plan to unionize to challenge the company’s decision to sell its artificial intelligence technologies to defense groups with ties to the Israeli government, the Financial Times reported on Saturday. About 300 London-based staff of Google DeepMind have been seeking to join the Communication Workers Union in recent weeks, the report said, citing people familiar with the matter. Media reports […]


Intel shares pop 12% on report of Broadcom and Taiwan Semi deals

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Intel shares rallied 12% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The stock was on pace for its best day since March 2020. The Wall Street Journal reported that Broadcom may consider a play for […]


Broadcom, TSMC eye deals that would split storied chipmaker Intel: report

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Intel rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported Saturday, citing people familiar with the matter. Broadcom has been closely examining Intel’s chip design and marketing business, the Journal reported, adding that the company had discussed a […]


China biopharma deals rise with Summit, Merck

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A little-known biotech company stunned the biopharmaceutical industry last spring when it declared an “unprecedented” achievement: its experimental cancer drug looked more effective than Merck‘s Keytruda in a clinical trial. The company, Summit Therapeutics, licensed the drug from Chinese company Akeso Inc.  In October, a group of life science investors announced they were putting $400 […]


What to Know About the Trump Family’s Deals in the Middle East

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As President Trump pushes a new plan to take control of Gaza and clear out an area that is home to an estimated two million residents, he is advocating bringing the United States much more deeply into a region where his family has a growing collection of real-estate and business interests. There is no part […]


Instagram Debuts New Video-Editing App, as TikTok Deals With a Ban

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For months, Instagram has watched and waited to see what would happen to rival TikTok under a new federal law that would ban the app in the United States. On Sunday, the day that law took effect, Instagram pounced. The social media app, which is owned by Meta, announced a new app called Edits, a […]