Tag: national security

TikTok Faces U.S. Ban After Failing to Overturn New Law
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TikTok Faces U.S. Ban After Failing to Overturn New Law

TikTok may soon be banned in the U.S. after a panel of federal judges upheld a new law that could force the app’s shutdown by mid-January. The U.S. Court of Appeals for the District of Columbia Circuit denied TikTok’s request to block the law, which requires its Chinese parent company, ByteDance, to sell the app to a non-Chinese owner by January 19. If this doesn’t happen, TikTok faces a U.S. ban. ByteDance has said selling the app is impossible due to restrictions from the Chinese government. The judges disagreed with TikTok’s claims that the law unfairly targets the app and violates the First Amendment. They stated the law is focused on addressing risks from foreign control and protecting American users’ data from potential misuse by adversaries like China. Lawmakers and intelli...
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Should Taxpayers Provide Billions to Support Struggling Intel?

Just days after the Biden administration awarded Intel the largest grant under the CHIPS and Science Act, the company's long-time CEO stepped down. This has raised concerns, as experts worry about the government giving so much taxpayer money to a company struggling financially. Scott Lincicome, from the Cato Institute, expressed concern about the situation, especially because Intel received nearly $8 billion in grants from the Commerce Department, following a $3 billion defense contract in September. With CEO Pat Gelsinger stepping down due to mismanagement, Lincicome sees red flags, suggesting that the government might be treating Intel as "Too Big to Fail," potentially leading to more government support and bad decisions down the line. Lincicome worries that thi...