Apple hires a key chip designer as it pushes to make its own semiconductors. How this could be a game changer. Shares of facebook and google dropping on the heels of another president ial ramp against u. S. Social Media Companies. Here is what President Trump told foxbusiness. We should be suing google and facebook, and perhaps we will, ok . To talk more about the reaction, lets go to our reporter in new york. Shares did react to the president s remarks. What happened . They did. You just saw the share prices. So not anything huge. We clearly saw before markets opened the stocks react off these headlines. He did also attack twitter. Twitter rose today. This harkens back to the conversation we have been having over antitrust laws. Everything we have heard over the doj investigation, ftc investigation, this is something here to stay. We are probably going to be hearing more about this, not just the democratic debates tonight and tomorrow, but also through the president ial election in th
As it pushes to make its own semiconductors. How this could be a game changer for future gadgets. Shares of facebook and google dropping on the heels of another president ial rant against u. S. Social Media Companies. Here is what President Trump told foxbusiness. We should be suing google and facebook, and perhaps we will, ok . To talk more about the reaction, lets go to our reporter in new york. Shares did react to the president s remarks. What happened . Absolutely they did. You look at facebook and google, you just saw the share prices. Down 0. 6 , so not anything huge. Minimal still pretty minimal, but we clearly saw before markets opened the stocks react off these headlines. He did also attack twitter. Twitter rose today. This harkens back to the conversation we have been having over antitrust laws. Everything we have heard over the doj investigation, ftc investigation, this is something here to stay. We are probably going to be hearing more about this, not just in the democratic
Administration responds with a cyber attack. Iran has a Cyber Strategy of its own, how they are attacking u. S. Banks online. First to our top story, the continued back and forth between beijing and washington has put tech in the crosshairs of the trade war, impacting Companies Like apple, huawei, and many more. A new article details how chinas tech sector is mostly insulated from exposure to the u. S. On many fronts. But there is one area where it is still dependent, semi conductors. Over the last decade, china has seen a surge in chip imports. More than 300 billion now. For more on the ongoing impacts in both countries, we spoke to bloomberg techs ian king. He covers the chip industry and cowrote the affirmation article the aforementioned article and Senior Editor brad stone. Esoteric parts like broadcoms switch chip, more common parts like an intel microprocessor, china really cant replicate those yet. They have been trying for years and it just has not come close. Emily why not . I
Strikes. Iran has a Cyber Strategy of its own. How they are attacking u. S. Banks online. The continued back and forth between beijing and washington has put text squarely in the crosshairs of the trade war, impacting Companies Like apple, huawei and more. A new article details how chinas tech sector is insulated from exposure to the u. S. On many fronts. China has seen a surge in chip imports. Now more than 300 billion. For more on the trade wars ongoing impact on tech in both countries, we spoke to bloomberg techs ian king and our Global Executive editor brad stone. Ian esoteric parts like broadcoms switch chip, more common parts like an intel microprocessor or an amd graphics chip, china really cant replicate those yet. They have been trying for years and it just has not come close. Emily why not . Ian it is difficult. When you are arranging tens of billions of transistors on something the size of a postage stamp, you kind of have to know what you are doing. And making them costs so
Downs a u. S. Drone and the Trump Administration responds with a cyber attack. But iran has a Cyber Strategy of its own, how they are attacking u. S. Banks online. The continued back and forth between beijing and washington has put tech in the crosshairs of the trade war, impacting Companies Like apple, huawei, and many more. Howw article details chinas a tech sector is mostly insulated from exposure to the u. S. On many fronts. But there is one area where it is still dependent, semi conductors. Over the last decade, china has seen a surge in chip imports. For more on the ongoing impacts in both countries, we spoke to bloomberg techs ian king. Who covers the chip industry and cowrote the affirmation article and Senior Editor brad stone. Ian a satiric parts like broadcoms switch chip, more common parts like an intel microprocessor, china really cant replicate those yet. They have been trying for years and it just has not come close. Emily why not . Ian it is difficult. When you are arra