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Filtered: #commerce

Bessent points finger at Commerce Department in Nvidia scandal as Trump advisers discuss possible Lutnick ouster | CNN Politics

1/2 Technology

CNN International • 2h ago

Bessent points finger at Commerce Department in Nvidia scandal as Trump advisers discuss possible Lutnick ouster | CNN Politics

Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang.

1 Read

Nvidia’s Huang, Lutnick summoned to testify to US Senate

Technology

Al Jazeera English • 7h ago

Nvidia’s Huang, Lutnick summoned to testify to US Senate

The Banking Committee says the ex-tech CEO and the commerce secretary could face legal action if they fail to appear.

3 Read

Australia news live updates: Microsoft outage continues for millions; Scott Bessent

Technology

The Australian Financial Review (AFR) • 1h ago

Australia news live updates: Microsoft outage continues for millions; Scott Bessent

The Microsoft outage shows no sign of resolution with millions still unable to access emails; Scott Bessent has attacked the Commerce Department over Nvidia. Follow live updates.

0 Read

Lutnick in firing line in Nvidia spy scandal fallout

World News

The Australian Financial Review (AFR) • 15h ago

Lutnick in firing line in Nvidia spy scandal fallout

The commerce secretary is blamed by some in the White House for inaction over blocking chip sales to China, as political pressure mounts in Washington.

1 Read

Trump’s cabinet secretaries clash over Nvidia spy scandal company

Technology

The Australian Financial Review (AFR) • 1d ago

Trump’s cabinet secretaries clash over Nvidia spy scandal company

Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick about why the administration had not put restrictions on chip sales to Megaspeed.

0 Read

Lutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says

World News

CNBC World • 1d ago

Lutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says

Sen. Tom Cotton is urging the Commerce secretary to add CXMT to its "Entity List" as the fast-growing Chinese memory maker expands in DRAM and pushes into HBM.

0 Read

Technology

The Verge • 1d ago

Jensen Huang’s affair reportedly has Taiwan and US cabinet officials rattled.

US Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick about failing to put the alleged Chinese spy-run company on a list of national security concerns, Axios reported, though the Commerce Department denied the interaction. Meanwhile, The Wall Street Journal reported Huang’s birthplace of Taiwan is unnerved by his affair.

0 Read

Bessent confronts Lutnick over not labeling Nvidia customer a national security threat, sources say | CNN Politics

1/2 Technology

CNN International • 1d ago

Bessent confronts Lutnick over not labeling Nvidia customer a national security threat, sources say | CNN Politics

Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over his department’s reluctance to label Nvidia customer Megaspeed a possible national security threat in a Situation Room confrontation last week that illustrates the tension inside the Trump administration over Chinese access to Nvidia’s advanced chips, two people familiar with the matter told CNN.

0 Read

Commerce halted its Megaspeed probe after Nvidia’s lawyer stepped in

1/6 Technology

The Next Web (TNW) • 3d ago

Commerce halted its Megaspeed probe after Nvidia’s lawyer stepped in

“I haven’t heard he’s done anything wrong,” Trump said of Huang, as a Megaspeed probe stalled after Nvidia’s lawyer stepped in.

0 Read

EU manufacturers could give up on competing with China by 2030, warns commerce chief

1/6 World News

The Guardian • 3d ago

EU manufacturers could give up on competing with China by 2030, warns commerce chief

Jens Eskelund says Europe may need to allow its companies to become part of Chinese firms’ supply chains

0 Read

11th Nepal International Trade Fair to be held from December 3

World News

Khabarhub • 1w ago

11th Nepal International Trade Fair to be held from December 3

KATHMANDU: The 11th edition of the Nepal International Trade Fair will be held in Kathmandu from December 3 to 7, with the aim of promoting Nepal’s international trade. Organised by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) with government support, the fair will feature participation from Nepal, China, India, Pakistan, Bangladesh and […]

0 Read

Tatopani border crossing to open for three days

World News

The Himalayan Times • 3w ago

Tatopani border crossing to open for three days

The Tatopani border crossing with China will be open for three days, from October 18 to 20, the Ministry of Industry, Commerce and Supplies said on Saturday.

0 Read

Nvidia scandal draws in Commerce Secretary Lutnick, who reportedly agrees to testify about China chip sales

Technology

CNBC World • 5h ago

Nvidia scandal draws in Commerce Secretary Lutnick, who reportedly agrees to testify about China chip sales

Commerce Secretary Lutnick will testify before the Senate Banking Committee following revelations about Jensen Huang's affair with an alleged Chinese spy.

1 Read

All Indexed Topics (31)

Bessent points finger at Commerce Department in Nvidia scandal as Trump advisers discuss possible Lutnick ouster | CNN Politics

Nvidia’s Huang, Lutnick summoned to testify to US Senate

Australia news live updates: Microsoft outage continues for millions; Scott Bessent

Lutnick in firing line in Nvidia spy scandal fallout

Trump’s cabinet secretaries clash over Nvidia spy scandal company

Lutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says

Jensen Huang’s affair reportedly has Taiwan and US cabinet officials rattled.

Bessent confronts Lutnick over not labeling Nvidia customer a national security threat, sources say | CNN Politics

Commerce halted its Megaspeed probe after Nvidia’s lawyer stepped in

EU manufacturers could give up on competing with China by 2030, warns commerce chief

11th Nepal International Trade Fair to be held from December 3

Tatopani border crossing to open for three days

Nvidia scandal draws in Commerce Secretary Lutnick, who reportedly agrees to testify about China chip sales

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