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The Latest Breaking News from Commerce

The U.S. government will distribute $500 million from the CHIPS Act to fund R&D for packaging technology and a research institute

The Department of Commerce is signaling that it intends to distribute at least $500 million of CHIPS Act cash.

Tom’s Hardware

DGFT to discuss trade regime of dual-use goods, software and technology on Jan 30

The DGFT, Department of Commerce in partnership with the MEA and other government agencies is organising the NCSTC scheduled for January 30, 2024. Read further on Dynamite News:

Dynamite News

Govt. working on SEZ reforms: Commerce Secretary Barthwal

The Centre is working on SEZ reforms to ensure smooth movement of goods without affecting competitiveness in export markets.

The Hindu

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Russian hacker group breaches email accounts of top Microsoft executives to seek information about ... itself

Microsoft recently discovered that Nobelium, the same group behind the infamous SolarWinds attack, managed to compromise its security and gain access to email accounts belonging to some of its top executives.

Windows Central

CES: U.S. Senators, FCC Commissioners and Other Officials to Headline Policy Discussions in Vegas

FCC Commissioners Brendan Carr and Anna Gomez will be among those speaking

TV Tech

DeGette in line for key Democratic spot on health panel - Roll Call

Colorado's Diane DeGette in 2025 could land the top Democratic spot on the Energy and Commerce Health Subcommittee.

Roll Call

The U.S. supports China's growth if it 'plays by the rules,' commerce secretary says

China's president says success for the U.S. and China can be mutually beneficial. U.S. Commerce Secretary Gina Raimondo says that the reality is a bit more complicated than that.

WEKU

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US govt warns that sanctions swerving GPUs will fall under their 'control the very next day'

The US Commerce Secretary, Gina Raimondo, is determined to stop cutting-edge AI chips from getting into China's hands and has warned companies that seek to follow the letter but not the spirit of the law.

Tom’s Hardware

US gov fires a warning shot at Nvidia: 'We cannot let China get these chips... If you redesign a chip that enables them to do AI, I'm going to control it the very next day'

The chipmaker has been quick to redesign its products to pass the current restrictions, but US Commerce Secretary Gina Raimondo seems to have had enough.

PC Gamer

US Commerce Chief Warns Against China 'Threat'

US Commerce Secretary Gina Raimondo on Saturday urged lawmakers, Silicon Valley and US allies to stop China from getting semiconductors and cutting-edge technologies key to national security.

International Business Times

China commission calls for stronger tech export controls - Roll Call

Congress must create a stronger system to stop the flow of technology that can aid Beijing’s military, according to a U.S. commission.

Roll Call

Bliley, who rode red wave to Commerce chair, dies at 91 - Roll Call

Former Rep. Thomas J. Bliley Jr., who chaired the House Commerce Committee after the Republican wave of 1994, died Thursday at age 91.

Roll Call

Senate votes to keep government open amid wide gulf on spending - Roll Call

A stopgap spending measure to keep the government operating into early 2024 is headed to President Joe Biden's desk.

Roll Call

House heads home after defeat of rule for Iran, spending bills - Roll Call

The House left for its Thanksgiving break after a GOP revolt led to the defeat of the rule for floor debate on two pieces of legislation.

Roll Call

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Dynamite News

Piyush Goyal visits Tesla's California facility, says US electric car maker to double Indian component imports

Union Minister for Commerce and Industry Piyush Goyal on Monday (local time) visited Tesla's manufacturing facility in California's Fremont and said that the US electric car maker is on its way to double its components imports from India.

The Hindu

Tesla to double its components imports from India: Piyush Goyal

Tesla plans to double components imported from India, according to Commerce & Industry Minister Piyush Goyal. He visited Tesla's Fremont facility but was unable to meet Elon Musk. Last year, Tesla bought $1 billion of components from India and is aiming to source $1.7-$1.9 billion this year

Fortune

Biden must decide whether patent-infringing Apple watches can be imported into the U.S. from China by Christmas–but Congress could neuter America’s ability to protect its IP altogether

The U.S. International Trade Commission (ITC) recently issued an order that could prohibit imports of some Apple Watch products.

The Independent UK

DeSantis says Florida helped send weapons to Israel — a move that could boost him in the GOP primary

Florida Gov. Ron DeSantis's office says the state has arranged to send drones, weapons and ammunition to Israel as it prepares for an incursion of Gaza in response to Hamas’ attack

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Roll Call

Previously stalled FAA, Amtrak nominees move toward vote in Senate - Roll Call

The Senate Commerce Committee on Wednesday advanced FAA and Amtrak nominees, after senators lifted their objections.

The Independent UK

China says US moves to limit access to advanced computer chips hurt supply chains, cause huge losses

Beijing has vigorously protested the U.S. Commerce Department's latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them

The Independent UK

The Commerce Department updates its policies to stop China from getting advanced computer chips

The Commerce Department has updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them

Fortune

Commerce Secretary Gina Raimondo on her working group with China: 'Hopefully the baby steps lead to bigger steps'

At Fortune's CEO Initiative, Raimondo laid out the Biden administration's "small garden, high walls" approach to building its relationship with China.

Reason

Companies Seeking CHIPS Act Subsidies Are Encouraged To Double-Dip

At least a dozen states have beefed up targeted incentives to coincide with handouts from the Commerce Department.

Roll Call

Military pay, typically exempted during shutdowns, is at risk - Roll Call

This year, a vulnerable House GOP incumbent is leading the charge to ensure the troops get paid on time if funding lapses on Oct. 1.

Newcastle Herald

Out of the classroom and into Hansard: Maitland students witness historic budget speech

A quick schedule shuffle and the Year 10 Commerce class were suddenly witnessing history.

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