Biden makes acquisitions harder for big tech
The United States is coming up with stricter guidelines for larger companies looking to make acquisitions. The new guidelines that have been presented seem to be aimed primarily at big tech, or Amazon, Facebook (Meta), Google (Alphabet) and Microsoft. This should give the FTC and the U.S. Departmen... Read more
Tech giants promise Biden massive new cybersecurity investments
Following a meeting at the White House, Google, Amazon, Apple, Microsoft, and IBM promise to increase cyber security capabilities.
This week US President Biden met with private sector and education leaders to discuss what they call a "whole-of-nation effort" needed to address cybersecurity threa... Read more
REvil ransomware gang vanishes following US pressure on Putin
The disappearance follows a run of spectacular high profile take-downs of businesses worldwide.
Ransomware gang REvil (allegedly named for "Ransomware Evil") has disappeared following pressure from the U.S. government on Russia to act on ransomware groups operating in the country. The REvil rans... Read more
Biden to discuss Trans-Atlantic data deal to fix EU-US ties
On June 15, Biden will meet with European Union leaders in Brussels and according to five people with knowledge of the matter, he aims to secure a political agreement with them to restore confidence in the trans-Atlantic flow of data.
A deal like that would be a big step in clearing away the dar... Read more
Could the Biden tax plan affect U.S. investment in Ireland?
The Administration's global tax proposal could make Ireland less attractive for US tech giants.
Over the past few decades, Ireland has been able to attract huge investment from US tech firms by offering very favorable corporate tax rates. These sweetheart tax deals have allowed major US firms to... Read more