On Wednesday, Jensen Huang, #Nvidia’s chief executive, met w/ #Trump & agreed to give the #FederalGovernment its 15% cut, essentially making the federal govt a partner in Nvidia’s business in #China…. The #Commerce Dept began granting licenses for AI chip sales 2 days later….
#law #business #tech #extortion #bribery
…There are few precedents for the #Commerce Dept granting licenses for exports in exchange for a share of revenue. But the unorthodox payments are consistent w/ #Trump’s increasingly interventionist role in international #business deals involving #US companies. In June, the admin approved investment by #NipponSteel, a Japanese company, in #USSteel in a deal that included a so-called golden share in the company, a rarely used practice where the government takes a stake…
#law #extortion #bribery
The deal…comes a month after #Nvidia received permission to sell a version of its #ArtificialIntelligence #chips to #China.
While the #Trump admin publicly said a month ago that it was giving the green light to Nvidia to sell an #AI chip called #H20 to China, it did not actually issue the licenses making those sales possible.
#law #business #tech #extortion #bribery
On Wednesday, Jensen Huang, #Nvidia’s chief executive, met w/ #Trump & agreed to give the #FederalGovernment its 15% cut, essentially making the federal govt a partner in Nvidia’s business in #China…. The #Commerce Dept began granting licenses for AI chip sales 2 days later….
#law #business #tech #extortion #bribery
WTF?
#US #FederalGovernment to Take Cut of #Nvidia & #AMD AI Chip Sales to #China
In a highly unusual arrangement with #Trump, the companies are expected to kick 15% of what they make in China to the U.S. government.
Nvidia & Advanced Micro Devices are expected to pay the United States 15% of the money they take in from selling #ArtificialIntelligence #chips to China, as part of a highly unusual financial agreement with the Trump admin.
#law #business #tech #extortion
https://www.nytimes.com/2025/08/10/technology/us-government-nvidia-amd-chips-china.html?smid=nytcore-ios-share&referringSource=articleShare
The deal…comes a month after #Nvidia received permission to sell a version of its #ArtificialIntelligence #chips to #China.
While the #Trump admin publicly said a month ago that it was giving the green light to Nvidia to sell an #AI chip called #H20 to China, it did not actually issue the licenses making those sales possible.
#law #business #tech #extortion #bribery
WTF?
#US #FederalGovernment to Take Cut of #Nvidia & #AMD AI Chip Sales to #China
In a highly unusual arrangement with #Trump, the companies are expected to kick 15% of what they make in China to the U.S. government.
Nvidia & Advanced Micro Devices are expected to pay the United States 15% of the money they take in from selling #ArtificialIntelligence #chips to China, as part of a highly unusual financial agreement with the Trump admin.
#law #business #tech #extortion
https://www.nytimes.com/2025/08/10/technology/us-government-nvidia-amd-chips-china.html?smid=nytcore-ios-share&referringSource=articleShare
#California is asking Judge Charles Breyer to order the #Trump admin to return control of the remaining #NationalGuard troops to the state & to stop the #FederalGovernment from using #military #troops in California “to execute or assist in the execution of federal law or any civilian law enforcement functions by any federal agent or officer.”
#law #PosseComitatusAct #military #authoritarianism #tyranny
The 1878 #PosseComitatusAct prevents the president from using the #military as a #domestic #police force. The case could set precedent for how #Trump can deploy the guard in the future in #California or other #states.
The Dept of #Defense ordered the deployment of roughly 4,000 California #NationalGuard troops & 700 #Marines. Most of the #troops have since left but 250 National Guard members remain, acc/to the latest figures provided by the #Pentagon.
#law #military #authoritarianism #tyranny
The #Trump admin federalized #California #NationalGuard members & sent them to the second largest US city over the objections of #state Gov #GavinNewsom & #city leaders, after protests erupted June 7 when #ICE officers arrested people at multiple locations.
#law #PosseComitatusAct #military
#California is asking Judge Charles Breyer to order the #Trump admin to return control of the remaining #NationalGuard troops to the state & to stop the #FederalGovernment from using #military #troops in California “to execute or assist in the execution of federal law or any civilian law enforcement functions by any federal agent or officer.”
#law #PosseComitatusAct #military #authoritarianism #tyranny
#Trial to start on whether deployment of #NationalGuard to #LosAngeles violated federal #law
A federal judge in San Francisco will consider evidence & hear arguments on whether the Trump admin violated federal law when it deployed National Guard soldiers & US #Marines to #LA following #protests over #immigration raids this summer.
https://apnews.com/article/california-trump-national-guard-lawsuit-924491849641549828c4f52a41d54e6b
The #Trump admin federalized #California #NationalGuard members & sent them to the second largest US city over the objections of #state Gov #GavinNewsom & #city leaders, after protests erupted June 7 when #ICE officers arrested people at multiple locations.
#law #PosseComitatusAct #military
#Trial to start on whether deployment of #NationalGuard to #LosAngeles violated federal #law
A federal judge in San Francisco will consider evidence & hear arguments on whether the Trump admin violated federal law when it deployed National Guard soldiers & US #Marines to #LA following #protests over #immigration raids this summer.
https://apnews.com/article/california-trump-national-guard-lawsuit-924491849641549828c4f52a41d54e6b
Keya Chatterjee, another of the group’s founders, announced the news of #Trump’s plans to the crowd, telling them about his intention to take #control of the city’s #police force & deploy the #NationalGuard.
The crowd booed loudly.
Chatterjee then announced one immediate plan: For every single day #DC is “under occupation,” she asked every DC resident to step out on their porch & make noise every night, at 8PM ET.
“We will not be cowed in the face of this bully,” she said. “We will organize.”
In a statement, Brian Schwalb, the elected attorney general of the District of Columbia, called the administration’s actions to take control of the city “unprecedented, unnecessary and unlawful.” He added, “We are considering all of our options and will do what’s necessary to protect the rights and safety of District residents.”
#WashingtonDC #Washington #DC
#Trump #law #MilitaryState #military #NationalGuard #FBI #authoritarianism #autocracy #Gestapo
Several hundred people gathered downtown in front of Lafayette Square, blocks from the White House, to #protest #Trump’s #takeover of the #WashingtonDC #police force.
“We will not stand here & allow #authoritarianism in Washington, DC,” said Nee Nee Taylor, a co-founder of #FreeDC, which organized the rally & was formed to defend the District’s #HomeRule. “We are going to be here & we’re not backing down.”
#law #MilitaryState #military #NationalGuard #FBI #authoritarianism #autocracy #Gestapo
Keya Chatterjee, another of the group’s founders, announced the news of #Trump’s plans to the crowd, telling them about his intention to take #control of the city’s #police force & deploy the #NationalGuard.
The crowd booed loudly.
Chatterjee then announced one immediate plan: For every single day #DC is “under occupation,” she asked every DC resident to step out on their porch & make noise every night, at 8PM ET.
“We will not be cowed in the face of this bully,” she said. “We will organize.”
Nonilex