Biden administration

Companies that forgo stock buybacks for 5 years to get preferential treatment under CHIPS program

Biden administration Secretary of Commerce Gina Raimondo says the incentives are to coerce companies into investing in R&D, not buybacks.

Matt Taibbi's Twitter Files pull the curtain on moderation bias at social media platform [UPDATE]

Elon Musk's Twitter is pulling back the moderation kimono tonight, with the first set of Twitter Files being posted by Matt Taibbi to the social platform.

Biden to expand U.S. EV battery manufacturing with $2.8 billion in grants

The Biden administration continues its efforts to boost U.S. manufacturing and processing of EV batteries.

Biden expands U.S. semiconductor export limitations to more Chinese companies

One of China's top chipmakers, YMTC, is among those affected by the Biden administration's recent curbs to China's chip manufacturing industry.