Technology
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Technology
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President Trump called for Intel CEO Lip-Bu Tan to resign Thursday, arguing he is “highly conflicted.”
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© Chiang Ying-ying, Associated Press
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“The CEO of INTEL is highly CONFLICTED and must resign, immediately,” he wrote on Truth Social. “There is no other solution to this problem. Thank you for your attention to this problem!”
While he offered few details about his call for Tan to step aside, Trump’s post comes after Sen. Tom Cotton (R-Ark.) wrote to the semiconductor firm Tuesday about concerns with the CEO’s ties to China.
Reuters reported earlier this year that the Intel executive had investments in hundreds of Chinese tech firms, at least eight of which have ties to the Chinese military.
Cotton also voiced concerns Tuesday about his previous role as CEO of Cadence Design Systems, which pleaded guilty and paid $140 million last month for violating export controls by selling chip design technology to a Chinese military university.
“Intel is required to be a responsible steward of American taxpayer dollars and to comply with applicable security regulations,” the Arkansas senator wrote, underscoring the nearly $8 billion that Intel received as part of the CHIPS and Science Act.
“Mr. Tan’s associations raise questions about Intel’s ability to fulfill these obligations,” he added.
Intel's stock dropped 3 percent Thursday following call for Tan to resign. The Hill has reached out to Intel for comment.
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Welcome to The Hill’s Technology newsletter, I'm Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley.
Programming note: The Technology newsletter will not run Friday and will return Mon. Aug 11.
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How policy will be impacting the tech sector now and in the future:
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Federal court filing system hit with ‘sophisticated and persistent’ cyberattacks, prompting security upgrades
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A judicial branch agency tasked with supporting federal courts announced Thursday the federal judiciary’s electronic case filing system has faced escalating cyberattacks, prompting efforts to enhance security. The Administrative Office of the U.S. Courts, which manages the system, said in a news release a series of “sophisticated and persistent” attacks have led to increased efforts to strengthen protections …
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OpenAI on Thursday unveiled its new version of ChatGPT, GPT-5, with the company’s CEO Sam Altman calling it “a major upgrade” from the previous version. “Thirty-two months ago, we launched ChatGPT. And since then, it has become the default way that people use AI. In that first week, a million people tried it out, and we thought that was pretty incredible,” Altman said in a Thursday livestream. “But now, about 700 million …
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United blames ‘technology disruption’ for 1,000+ flight delays
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United Airlines blamed a “technology disruption” for widespread flight delays Wednesday. “We are working with customers to get them to their destinations after a technology disruption on Wednesday evening,” United said in a statement to The Hill. “The underlying technology issue has been resolved, and, while we expect residual delays, our team is working to restore our normal operations.” According to The Associated Press, …
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New study sheds light on ChatGPT’s alarming interactions with teens
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ChatGPT will tell 13-year-olds how to get drunk and high, instruct them on how to conceal eating disorders and even compose a heartbreaking suicide letter to their parents if asked, according to new research from a watchdog group. The Associated Press reviewed more than three hours of interactions between ChatGPT and researchers posing as vulnerable teens. The chatbot typically provided warnings against risky activity but went …
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News we've flagged from the intersection of tech and other topics:
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Anthropic's quiet edge in the AI talent war (Wall Street Journal)
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Truth Social's AI search is powered by Perplexity, but the platform can set limits on sources (TechCrunch)
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Crypto cheers Trump banking, retirement orders
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The crpyto industry celebrated a pair of executive orders signed by President Trump on Thursday poised to further boost digital asset adoption.
Trump signed an order allowing 401(k) investors to access crypto, private equity, real estate and other digital and alternative assets.
A second order takes aim at alleged discrimination against conservatives by large banks, directing regulators to investigate and punish financial institutions for “politicized or unlawful debanking.”
While the order never mentions the industry, debanking has become a central issue for crypto, which has alleged that it was unfairly denied access from the banking system.
“Ending the discriminatory practice of debanking lawful crypto companies sends a clear message: the era of ‘reputation risk’ being used to justify financial exclusion is over,” Blockchain Association CEO Summer Mersinger said in a statement.
She also touted the 401(k) order for “expanding consumer choice and empowering individuals to responsibly build wealth using some of the best-performing assets of the past decade.”
Crypto Council for Innovation CEO Ji Hun Kim similarly lauded the two orders as "critical steps to ensure digital assets are part of the financial system."
"Americans should have the opportunity and freedom to include these investments within their retirement plans," Kim said. "At the same time, companies building in this space deserve fair access to banking and financial services."
Read more on the executive orders here and here.
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Crypto Corner is a daily feature focused on digital currency and its outlook in Washington.
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Branch out with other reads on The Hill:
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Katie Miller, wife of Stephen Miller, launches podcast
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Katie Miller, the wife of top White House aide Stephen Miller, is launching a podcast aimed at conservative women. A previous employee of tech billionaire Elon Musk and the Department of Government Efficiency (DOGE), Miller told Axios she would launch the “The Katie Miller Show,” featuring guest interviews and commentary on current events and matters of politics. “For MAGA and President Trump’s legacy …
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Opinion related to tech submitted to The Hill:
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You're all caught up. See you tomorrow!
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