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☆ Biden vows "to protect" country in State of the Union speech, refers to China balloon
▼ + stars: | 2023-02-08 | by ( Patricia Zengerle | ) www.reuters.com time to read: +3 min

"I'm committed to work with China where we can advance American interests and benefit the world," Biden said. "But make no mistake about it: as we made clear last week, if China threatens our sovereignty, we will act to protect our country. Investing in American innovation, in industries that will define the future, that China intends to be dominating," Biden said. Democrats have joined Republicans in demanding more information about the balloon and the Biden administration's policy toward the government in Beijing. We built a global coalition," Biden said, vowing to stand with Ukraine "as long as it takes."

☆ Washington moved fast to crack down on TikTok but has made little progress with Big Tech
▼ + stars: | 2022-12-22 | by ( Brian Fung | ) edition.cnn.com time to read: +10 min

But in fast-tracking the bill, Congress can’t help but draw attention to its notable lack of progress on regulating American tech giants more broadly — despite years of reports, hearings and proposed legislation. Washington finds a different tech villainThe tech industry’s largest players have faced a kitchen sink of allegations in recent years. The central allegation against TikTok is that the company poses a potential national security risk. But earlier this year, it acknowledged that China-based employees can access TikTok user data and declined to commit to cutting off those data flows in general. “We’re disappointed that Congress has moved to ban TikTok on government devices—a political gesture that will do nothing to advance national security interests—rather than encouraging the Administration to conclude its national security review,” said Brooke Oberwetter, a TikTok spokesperson.

☆ On the Edge: The Sustainability of American Innovation
▼ + stars: | 2022-12-06 | by ( Eamon Javers | ) www.cnbc.com time to read: +1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOn the Edge: The Sustainability of American InnovationDespite a prevailing narrative that both Democrats and Republicans have been unfriendly to big businesses over the past 2 years, American corporations have plenty of reasons to be pleased with the 117th Congress. The CHIPs act opens the door for more U.S. based semiconductor production, while the bipartisan infrastructure bill not only pays to fix and replace aging roads and bridges, but also allocates funding for new research and development. In this panel, we discuss how the business community and its representatives in Washington will continue to promote innovation and fair competition in the next Congress, while navigating the choppy political waters on both sides of the aisle. CNBC's Eamon Javers speaks with Jay Timmons, National Association of Manufacturers President & CEO at the 2022 CNBC CFO Council Summit on November 30, 2022.

☆ Ivanka skips Trump's 2024 announcement: 'I do not plan to be involved in politics'
▼ + stars: | 2022-11-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +2 min

WASHINGTON — Ivanka Trump, who was a senior White House adviser during the Trump administration, says she’s taking a break from politics. Former President Donald Trump's eldest daughter did not attend his speech Tuesday night at his Mar-a-Lago in Florida, where he announced his 2024 bid for the White House. It was not immediately clear whether her husband, Jared Kushner, who was also a senior White House adviser, would play a role in the campaign. Ivanka Trump, 41, was the director of the Office of Economic Initiatives and Entrepreneurship. Since they left government last year, both Kushner and Ivanka Trump have remained in the political spotlight to some extent.

☆ First Solar selects Alabama for new factory as Inflation Reduction Act prompts domestic manufacturing boom
▼ + stars: | 2022-11-16 | by ( Pippa Stevens | ) www.cnbc.com time to read: +2 min

First Solar said Wednesday that it has selected Alabama as the site for its fourth U.S. solar panel manufacturing facility, after the Inflation Reduction Act and its incentives for domestic manufacturing encouraged companies to onshore production. First Solar CEO Mark Widmar previously told CNBC that the Inflation Reduction Act was the key catalyst that led First Solar to choose the U.S. for its latest factory. The U.S. solar industry now stands at around 126.1 GW, which is enough to power 22 million homes, according to the Solar Energy Industries Association. Shares of First Solar hit their highest level since April 2011 on Wednesday after the IRA reignited interest in renewable energy companies. Other solar companies, including SolarEdge and Enphase Energy , have said they are exploring manufacturing in the U.S. following the climate bill.

But unbeknownst to this good Samaritan, he was being watched by an Amazon Ring doorbell camera on the front porch, reported The Washington Post. Surveillance proponents will claim this act of violence had nothing to do with Ring and other networked doorbell cameras. Surveillance proponents will claim this act of violence had nothing to do with Ring and other networked doorbell cameras. But we have to face reality: Blanketing our neighborhoods in surveillance devices that promote a culture of suspicion makes all of us less safe. It even went so far as to launch an actual TV show, “Ring Nation,” on Amazon-owned MGM, featuring viral video from Ring cameras and other surveillance devices.

Amazon quietly donated $400,000 to a conservative nonprofit last year as the group pushed back on antitrust bills being considered in Congress, according to documents reviewed by CNBC. The donation is tied for the second-highest contribution listed on the documents showing last year's top donors to the conservative nonprofit. She wrote, "antitrust efforts such as this bill, are not protecting consumers, but reducing their choices and driving up prices." The Independent Women's Forum was also among 30 organizations that co-signed an Oct. 2021 open letter to Senate lawmakers pushing back on antitrust legislation. We have highlighted our concerns about big tech censorship and publicly criticized what we see as censorship of conservative views.

☆ How Amazon’s big private-label business is growing and leaving small brands to protect against knockoffs
▼ + stars: | 2022-10-12 | by ( Katie Schoolov | ) www.cnbc.com time to read: +10 min

Peak Design CEO Peter Dering compares his company's Everyday Sling Bag to the Amazon private label version at his San Francisco headquarters on September 6, 2022. A selection of some of Amazon's 118+ private label brands as of October, 2022. Then there are specialty firms that only do private labels, and some store brands have their own devoted manufacturing facilities. By comparison, private labels make up a whopping 77% of Aldi's sales, followed by Trader Joe's at 59% and Wegmans at 49%. A variety of Amazon's private label goods are shown on September 29, 2022.

☆ LinkedIn founder and Elon Musk's longtime friend said he worried when he heard about the billionaire's decision to buy Twitter: 'It was like "Oh my god, another huge problem"'
▼ + stars: | 2022-09-17 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Reid Hoffman said he was initially concerned when he learned of Elon Musk's decision to buy Twitter. Other members of Musk's social circle told Axios they warned him against buying Twitter. He's already dealing with a large number,'" Hoffman told Axios in a podcast interview, referencing Musk's offer to buy Twitter on April 14. Hoffman told Axios he never doubts Musk for long — even when it came to his initial decision to purchase Twitter. Whether Musk will be forced to buy Twitter has yet to be decided.

☆ Small-business owners may be particularly at risk of burnout. Here are 3 ways to avoid and beat burnout, including writing a 'don't do' list.
▼ + stars: | 2022-09-14 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +7 min

InsiderStudies and surveys suggest small-business owners and entrepreneurs are at risk of burnout. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. Some studies suggest that small-business owners and entrepreneurs are particularly at risk. In a survey conducted in March by Capital One, 42% of small-business owners said they'd struggled with burnout in the past month. Insider spoke with three experts, including a highly successful serial entrepreneur, about how founders and small-business owners can keep burnout at bay.

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