Revelations that a US defence contractor overcharged Taiwan hundreds of millions of dollars sparked concerns that the island has been treated like a “sucker”, prompting Taipei, in turn, to decry what it says are efforts to manipulate anti-US scepticism. The price gouging came to light this year after a US federal audit of RTX, formerly … Read more
The US Justice Department is considering asking a federal judge to force Google to sell off parts of its business in what would be a historic break-up of one of the world’s biggest tech companies. Antitrust enforcers are weighing a break-up to mitigate the Alphabet business’s dominance in search, the agency said in a court … Read more
The US Justice Department sent subpoenas to Nvidia and other companies as it seeks evidence that the chip maker violated antitrust laws, an escalation of its investigation into the dominant provider of AI processors. The DOJ, which had previously delivered questionnaires to companies, is now sending legally binding requests that oblige recipients to provide information, … Read more
The US Court of Appeals for the Seventh Circuit on Tuesday suspended the global sales injunction, worldwide notice requirement and further accumulation of US$1-million-per-day fines against Hytera that was ordered by the US District Court for the Northern District of Illinois earlier this month, according to a notice on the Shenzhen-based company’s website. “The company … Read more
The White House clashed with the Justice Department post the release of a report by special counsel Robert Hur last week about President Joe Biden’s handling of classified information, according to previously undisclosed correspondence obtained by The New York Times. The letters exchanged revealed a clash between top Justice Department official Bradley Weinsheimer and Biden’s … Read more
Foxconn Technology Group, the world’s biggest iPhone assembler, expects revenue to decline in the first quarter of 2024 amid weak global consumer electronics demand, extending a decrease in sales in the past three months. Taiwan-based Foxconn, formally known as Hon Hai Precision Industry, did not provide an estimate on the quarterly revenue drop, but said … Read more
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