proposed

US Continues to Invest in TSMC Amid China Tensions

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The United States Department of Commerce Monday proposed investing as much as $6.6 billion to fund a third Taiwan Semiconductor Manufacturing Company Limited (TSMC) fab in Arizona. The move represents a broader push to bring more manufacturing to the U.S., but unspoken in the fanfare around today’s announcement is the potential escalation of tensions with China. TSMC Arizona — the subsidiary behind the proposed construction — has stated that it will build the facility before the end of the decade. The United States and allies would be at a massive disadvantage should China seize control of Taiwan and its manufacturing capabilities. For all the money the United States government continues to invest, Intel is simply playing catch-up to TSMC’s multiyear technological head start.

The Proposed TikTok Ban: An Update on Congress’ Decision

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TikTok ban: What’s going on with the proposed bill in Congress Congress could force TikTok to part with its Chinese parent companyTikTok faces an uncertain fate in the U.S. once again. The bill, which many of its detractors reasonably describe as a “ban,” would force ByteDance to sell TikTok within six months for the app to continue operating here. The campaign to force ByteDance to sell TikTok to a U.S. company originated with an executive order during the Trump administration. Trump’s threats against the company culminated in a plan to force TikTok to sell its U.S. operations to Oracle in late 2020. We may learn more next week if senators begin weighing in on the prospect of creating their own version of the House bill.

“Silent Removal: China Takes Down Proposed Gaming Regulations from Online Platform”

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Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local titans. The link to the draft rules was no longer accessible as of this morning, as first reported by Reuters. The move follows Beijing also removing a key official – the head of the publication bureau of Communist Party’s Propaganda Department – over the handling of the release of the draft rules, which caught investors and gaming giants by surprise. Local media reported in recent weeks — after the wipeout — that authorities may be open to walking back on some of the proposed rules. Last month, China’s video game regulator proposed new measures to curb excessive time and money spent on computer and smartphone games.

FTC Aims to Bolster COPPA, Eliminating Tech’s Ability to Monitor Children

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The FTC has proposed tightening up the rules protecting kids from the surveillance economy. The updated rules would require companies to get the OK from parents before sharing data with advertisers and prohibit holding onto data for nebulous “internal operations,” among other things. “After the FTC announced it was considering revisions to the COPPA Rule, we received more than 175,000 comments,” the agency noted in a news release. Better justification for “nudges,” like push notifications to get kids to open an app or stay online. The FTC rules will have to stand for a while to come.

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