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Vessel struck by US military off Venezuela was heading back to shore, AP sources say

WASHINGTON (AP) — The U.S. military strike on what the Trump administration says was a drug-carrying speedboat from Venezuela came after the vessel had turned around and was heading back to shore, raising fresh questions as members of Congress are demanding more information about the provocative attack. National security officials acknowledged during a closed briefing…

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China Urges Firms Not to Use Nvidia H20 Chips In New Notices

China Urges Firms Not to Use Nvidia H20 Chips In New Notices

(Bloomberg) — Beijing has urged local companies to avoid using Nvidia Corp.’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s attempts to recoup billions in lost China revenue after the Trump administration reversed an effective US ban on such sales. Over the past few weeks, Chinese authorities have sent notices to a range of…

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Intel CEO says he is working with US administration after Trump demands resignation

Intel CEO says he is working with US administration after Trump demands resignation

(Reuters) -Intel Chief Executive Lip-Bu Tan on Thursday said the chipmaker is engaging with the U.S. administration to clarify concerns and ensure accurate information is provided after President Donald Trump demanded his immediate resignation earlier in the day. Trump called the CEO “highly conflicted” due to his ties to Chinese firms, raising doubts about plans…

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Judge orders Trump administration to explain why order to restore Voice of America wasn’t followed

A federal judge on Wednesday essentially accused the Trump administration of ignoring his orders to restore Voice of America’s operations and explain clearly what it is doing with the government-run operation that provides news to other countries. U.S. District Judge Royce Lamberth of the District of Columbia gave the administration until Aug. 13 to explain…

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Investors cheer smartphone tariff exemption despite mixed White House signals

Trump’s antitrust cops are OK with new mergers. Old tech monopolies, not so much.

President Trump’s antitrust cops are friendlier thus far about mergers than their predecessors, but they are refusing to let up on one prominent priority of the Biden administration: monopoly prosecutions of the nation’s best-known tech giants. Six months into Trump’s second term in office, his antitrust regulators have already given the green light to more…

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Trump administration to subpoena Harvard for information on foreign students

(Reuters) -The Trump administration escalated its feud with Harvard University on Wednesday, saying the Department of Homeland Security planned to issue subpoenas for information about alleged misconduct by foreign students. The Departments of Education and of Health and Human Services also said in a statement they had notified the school’s accreditor that it had violated…

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