Robert J. Shapiro advised senior members of the Obama administration on economic policy, and served as an Under Secretary of Commerce under Bill Clinton. Now a senior fellow at the McDonough School of Business at Georgetown, he’s suspicious of the surge in GameStop’s stock price:
Allegedly, this is the tale of scrappy, small online day traders buying shares of a beleaguered company…
Tag: OBAMA ADMINISTRATION
How will the U.S. space program fare under Joe Biden?
Joe Biden is the United States presidential election winner, but his plans for NASA remain unclear. And while citizens digest the election results, the space industry is left wondering what comes next. Source: https://earthsky.org/human-world/how-will-the-u-s-space-program-fare-under-joe-biden…
Global Digital-Tax Detente Ends, as US and France Exchange Blows
Detente is ending in the global fight over tech taxes. Earlier this year, France agreed to suspend collection of a tax on digital revenue from large technology companies such as Facebook, Amazon and Alphabet’s Google. Meanwhile, the U.S. delayed the application of tariffs it was putting on French goods in retaliation for the tax. But now France has resumed collecting what…
Tech Giants Are Giving China a Vital Edge In Espionage.
schwit1 shares a report: The embrace between China’s intelligence services and Chinese businesses has gotten tighter, U.S. officials say. In 2017, under Xi’s intensifying authoritarianism, Beijing promulgated a new national intelligence law that compels Chinese businesses to work with Chinese intelligence and security agencies whenever they are requested to do so — a move that codified “what was pretty much what…
Russia Breached Update Server Used by 300,000 Organizations, Including the NSA
Sunday Reuters reported that “a sophisticated hacking group” backed by “a foreign government” has stolen information from America’s Treasury Department, and also from “a U.S. agency responsible for deciding policy around the internet and telecommunications.” The Washington Post has since attributed the breach to “Russian government hackers,” and discovered it’s “part of a global espionage campaign that stretches back months, according…
Trump Scrambles To Loosen America’s Biometric Data and Gig Worker Regulations
“Facing the prospect that President Trump could lose his re-election bid, his cabinet is scrambling to enact regulatory changes affecting millions of Americans in a blitz so rushed it may leave some changes vulnerable to court challenges,” reports the New York Times: The effort is evident in a broad range of federal agencies and encompasses proposals like easing limits on how…