New York state will require all ISPs to sell a $15 monthly internet plan to low-income households. Gov. Andrew Cuomo (D) signed a budget Friday including the affordable broadband program and spending $1 million on a statewide map measuring broadband availability, reliability and cost. The plan got praise from the state’s consumer advocate, but the Information Technology and Innovation Foundation said it might foreshadow more price regulation.
Staggering numbers stood out in Amazon founder Jeff Bezos’ final shareholder letter as CEO, in Thursday's posting, citing the e-commerce pioneer’s revenue growth, employee expansion and towering stock price rise from its opening $18 per share valuation when it went public 12 years ago next month. Bezos will transition in Q3 to executive chairman, relinquishing the CEO post to Amazon Web Services CEO Andy Jassy.
Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion the next three years to increase capacity and support “the manufacturing and R&D of leading-edge and specialty technologies,” said CEO C.C. Wei on a Q1 earnings call Thursday. The world’s largest pure-play chip foundry expects the increased capacity to “improve supply certainty for our customers and help strengthen confidence in global supply chains that rely on semiconductors,” he said.
Prompt private-sector reporting about cyber incidents is critical to allowing the U.S. to stay ahead of attacks like SolarWinds, FBI Director Christopher Wray told the Senate Intelligence Committee Wednesday in response to a legislative proposal from Chairman Mark Warner, D-Va., and Sens. Susan Collins, R-Maine, and John Cornyn, R-Texas (see 2103040066).
The Section 301 tariffs on Chinese goods imposed under President Donald Trump had “a significant impact” on Panasonic North America, Jeff Werner, vice president-corporate and government affairs, told CTA’s virtual Innovation Policy Summit Wednesday. “We did everything we could to sort of mitigate that, including a robust use of the exclusions process,” he said.
Roku updated its operating system, adding features that let customers get to content faster and customize the user experience, said the company Tuesday. Roku OS 10 improves network and input configurations and performance, it said, and adds support for Apple’s AirPlay 2 and HomeKit.
Huawei doesn’t expect to make rapid progress with President Joe Biden's administration on U.S. sanctions, Rotating Chairman Eric Xu told analysts Monday in a streamed presentation. Huawei faces challenges due to the COVID-19 pandemic, geopolitics and U.S. sanctions, Xu said. Meanwhile, Biden hosted executives from AT&T, Google, Intel, automakers and other tech companies for a virtual discussion of supply chain issues. Xu said the U.S. is responsible for supply disruptions.
Broad disagreement separates the HMTX-Jasco plaintiffs from the government over whether importers who prevail on the merits of the massive Section 301 litigation would be entitled to tariff refunds on customs entries whose liquidations are final, according to a joint status report (in Pacer) filed Monday with the U.S. Court of International Trade. The HMTX-Jasco first-filed complaint sparked a deluge of roughly 3,700 cases, all seeking to get the Section 301 List 3 and 4A tariffs vacated due to alleged violations of the 1974 Trade Act and 1946 Administrative Procedure Act.
Face masks will be required at all times at CEDIA Expo 2021, said show owner Emerald Holding in a health and safety plan sent Monday to prospective attendees. Masks will be provided for attendees “if one is needed.” Conferences are to begin Aug. 31, and the Expo is scheduled for Sept. 1-3 at the Indiana Convention Center in Indianapolis.
Washington state’s privacy bill might yet live despite appearing to miss a legislative deadline over the weekend. "The bill remains alive through the end of the Legislative Session," the bill's sponsor and Senate Technology Committee Chair Reuven Carlyle (D) tweeted Monday. A key House member voiced hope for compromise, but there seemed to be confusion among SB-5062 watchers Monday, with some saying the bill is dead. Washington privacy bills failed the past two years, with chambers at loggerheads on enforcement. The state’s House and Senate passed municipal broadband bills Sunday but must concur with each other’s changes.