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White House launches TikTok account
CNBC Television· 2025-08-20 11:02
The White House launching an official Tik Tok account under the at White House handle. Uh the account went live last night. Its first video shows footage of President Trump as he says uh I am your voice.Tik Tok boasts 170 million uh users in the US and it's owned uh by a Chinese company called Bite Dance. The 2024 law required the app to stop operating in the US by early this year unless bite dance devested its US assets. But a couple of times, President Trump has opted not to enforce that law and has exten ...
X @Forbes
Forbes· 2025-08-19 05:10
Last year, most lawmakers deemed the Chinese tech giant ByteDance a national security risk and banned its apps. Now, under a Trump reprieve, it’s shipping new apps anyway. https://t.co/nE3Bbfyub0 https://t.co/ytKPJnWyfS ...
X @Forbes
Forbes· 2025-08-18 23:00
National Security Concerns - Lawmakers considered ByteDance a national security risk and banned its apps [1] Regulatory Landscape - The ban on ByteDance's apps is now under a Trump reprieve [1] Business Operations - ByteDance is shipping new apps despite the ban [1]
Nvidia pushes back on accusations its H20 chips pose a national security risk in China
CNBC Television· 2025-08-11 12:58
US-China Chip Trade Dynamics - Nvidia and AMD reportedly plan to give the US government a 15% revenue share from specific chips sold in China for market access [1][4] - China questions the safety and trustworthiness of Nvidia's H20 AI chip, with state media suggesting it may pose a national security risk [2][3][9] - The US government previously restricted H20 exports to China on national security grounds, a stance later reversed by the Trump administration [4] Export Control and Negotiation - China is reportedly seeking relaxation of export controls on advanced high bandwidth memory (HBM) chips as part of tariff pause extension discussions [5][11] - The discussion includes the potential impact on Huawei's ability to develop its own AI chips if China gains access to more advanced HBM chips [11][12] Company Statements and Market Impact - Nvidia denies having backdoors in its chips that could allow remote access or control [5] - Nvidia acknowledges following US government rules for worldwide market participation but does not directly address the 15% revenue cut [6] - Chinese companies like Huawei and SMIC may benefit if local customers question Nvidia's H20, potentially leading to increased domestic chip development and sourcing [13]