President Biden Stories June 9

Biden abandons Trump’s plan to ban TikTok, calls for broader security review instead

Two days ahead of the deadline to finish reviewing Trump’s executive order that was aimed at regulating Chinese-owned TikTok and WeChat, President Biden has officially revoked and replaced it. The new order includes a more comprehensive approach to reviewing apps connected to foreign adversaries and protecting US national security.

President Biden Stories April 12

TikTok’s fate in the US still up in the air as Biden admin extends review deadline to June 11

The Trump administration was adamant about banning TikTok or forcing a sale to a US company last year, but then multiple deadlines passed without anything happening before the end of 2020. Now after previously pressing pause on the matter, the Biden administration and TikTok say they will take more time to discuss the situation with a new June 11 deadline on further action.

After committing to an investigation into the global chip shortage, the Biden administration has called the problem a “national security issue.” Later today it is looking to hear feedback directly from affected companies at a White House Summit as it works on short and long-term solutions.

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President Biden Stories February 18

Last week we saw Intel, Qualcomm and more US chipmakers urge President Biden to make a major investment to rejuvenate domestic semiconductor production. With the backdrop of a global chip shortage and US tension with China, Biden is expected to ask his administration to start a review of important US supply chains “including semiconductors, high-capacity batteries and rare earth metals” with an upcoming executive order.

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