Google has proposed changes to its agreements with companies like Apple to address a US antitrust ruling against its dominance in online search. The tech giant suggested making its distribution deals non-exclusive and allowing annual reviews for developers who set Google as the default search engine.
The company urged caution against drastic measures such as selling its Chrome browser or unbundling Android features, arguing that such remedies could stifle innovation in a rapidly evolving AI landscape. Judge Amit Mehta previously found Google’s agreements gave it an unfair advantage, particularly through deals requiring Android manufacturers to pre-install Google search to access its Play Store.
Revenue-sharing deals, which are vital to smaller developers like Mozilla, would remain under Google’s plan. Critics, including DuckDuckGo, argue the proposal fails to restore competition and largely maintains the status quo. Apple reportedly earned $20 billion from its agreement with Google in 2022, underlining the financial stakes of these deals.
An April trial will determine if broader remedies are necessary to boost innovation and competition in search and artificial intelligence. The US Department of Justice, along with several states, is seeking measures to curb Google’s dominance, including restrictions on its payments for default search placement and licensing of its search technology to rivals.
China has enacted new regulations asserting state ownership over rare earth materials, critical for semiconductor production, with a rule effective from October 1. Additionally, on December 3, the Ministry of Commerce announced a ban on the export of dual-use items such as gallium, germanium, and antimony to the US. These moves are expected to impact industries reliant on these materials, especially solar cell production and semiconductor manufacturing.
As the world’s largest supplier of rare earths, China has long dominated the market due to its lax environmental regulations, which allow for large-scale extraction and refining. However, with many countries looking to reduce their dependency on China, the long-term effectiveness of these export restrictions may diminish. Nations like the US and Australia are expanding their rare earth production lines, and efforts to recycle rare earth materials are also gaining traction.
Despite these efforts, challenges remain in replicating China’s refining capabilities, as many countries are limited by technical and environmental obstacles. Notably, the US has partnered with Australia’s Lynas Corporation to build a rare earth extraction facility, aiming to strengthen its supply chain.
The future of the rare earth market may shift toward the development of substitute materials, although creating viable replacements is a time-consuming process. In this ongoing battle, China has already secured patents for some high-performance materials that could serve as alternatives, indicating that the competition could soon turn to technological innovation and patent rights.
President-elect Donald Trump hinted at allowing TikTok to continue operating in the US, at least temporarily, citing the platform’s significant role in his presidential campaign. Speaking to conservative supporters in Phoenix, Arizona, Trump shared that his campaign content had garnered billions of views on TikTok, describing it as a “beautiful” success that made him reconsider the app’s future.
TikTok’s parent company, ByteDance, has faced pressure from US lawmakers to divest the app over national security concerns, with allegations that Chinese control of TikTok poses risks to American data. The US Supreme Court is set to decide on the matter, as ByteDance challenges a law that could force divestment. Without a favourable ruling or compliance with the law, TikTok could face a US ban by January 19, just before Trump takes office.
Trump’s openness to TikTok contrasts with bipartisan support for stricter measures against the app. While the Justice Department argues that Chinese ties to TikTok remain a security threat, TikTok counters that its user data and operations are managed within the US, with storage handled by Oracle and moderation decisions made domestically. Despite ongoing legal battles, Trump’s remarks and a recent meeting with TikTok’s CEO suggest he sees potential in maintaining the platform’s presence in the US market.
According to a report by Nikkei Asia, Japan’s competition watchdog, the Japan Fair Trade Commission (JFTC), is expected to find Google guilty of violating the country’s antitrust laws. The JFTC is reportedly preparing to issue a cease-and-desist order, directing Google to halt its monopolistic practices. The investigation, which began last October, focuses on Google’s dominance in web search services.
Google has yet to comment on the allegations, and the JFTC has also not responded to requests for a statement. This investigation follows similar antitrust actions in Europe and other major economies, where concerns have been raised about Google’s market power. The company’s Chrome browser, which is the most widely used globally, plays a central role in its advertising business by providing valuable user data.
This development comes amid increasing scrutiny of Google’s practices. In the US, the Department of Justice has argued that Google should be forced to divest Chrome and be banned from re-entering the browser market for five years as part of efforts to address its search engine monopoly.
Data analytics firm Palantir Technologies and defence tech company Anduril Industries are leading efforts to form a consortium of technology companies to bid jointly for US government contracts, according to a report from the Financial Times. The group is expected to include SpaceX, OpenAI, Scale AI, autonomous shipbuilder Saronic, and other key players, with formal agreements anticipated as early as January.
The consortium aims to reshape the defence contracting landscape by combining cutting-edge technologies from some of Silicon Valley’s most innovative firms. A member involved in the initiative described it as a move toward creating “a new generation of defence contractors.” This collective effort seeks to enhance the efficiency of supplying advanced defence systems, leveraging technologies like AI, autonomous vehicles, and other innovations.
The initiative aligns with President-elect Donald Trump’s push for greater government efficiency, spearheaded in part by Elon Musk, who has been outspoken about reforming Pentagon spending priorities. Musk and others have criticised traditional defence programs, such as Lockheed Martin’s F-35 fighter jet, advocating instead for the development of cost-effective, AI-driven drones, missiles, and submarines.
With these partnerships, the consortium hopes to challenge the dominance of established defence contractors like Boeing, Northrop Grumman, and Lockheed Martin, offering a modernised approach to defence technology and procurement in the US.
Unexplained drone sightings across New Jersey have led the Federal Aviation Administration (FAA) to impose a temporary ban on drone flights over critical infrastructure in 22 towns, including Jersey City, Elizabeth, and Camden. The restriction, effective until 17 January, limits drone activity within one nautical mile up to 400 feet in affected areas. Officials cite ‘special security reasons’ for the measures, even warning of potential use of deadly force against threatening unmanned aircraft.
The US FAA first implemented similar restrictions in late November around specific sites, but the recent expansion reflects growing concern. While a joint statement from the FAA, FBI, and Department of Homeland Security reassures that the drones do not present an immediate national security risk, authorities remain tight-lipped about their origin. Many sightings have been attributed to commercial or hobbyist drones, law enforcement aircraft, and even misidentified stars.
Despite these reassurances, public anxiety persists, fuelled by weeks of speculation and conspiracy theories in the New York City metro area. Lawmakers are pressing for new regulations to improve drone tracking and accountability, as officials scramble to address the unease surrounding this enigmatic aerial phenomenon.
Despite the incoming administration of Donald Trump, the US shift towards renewable energy is expected to continue, according to Mitsubishi UFJ Financial Group’s (MUFG) Americas CEO, Kevin Cronin. While Trump’s policies may favour fossil fuels, Cronin emphasised that renewable energy projects, which take years to plan and build, remain integral to the bank’s strategy regardless of political changes. MUFG, Japan’s largest banking group, remains committed to financing these long-term projects.
The bank’s position has been bolstered by President Joe Biden’s Inflation Reduction Act, which supports infrastructure and renewable investments. However, the real growth opportunity now lies in the booming demand for energy from data centres, driven by AI. Data centre capacity is expected to double by 2030, making reliable energy — both renewable and fossil-based — critical for future expansion.
MUFG has maintained its lead in project finance for 14 consecutive years and is adapting to state-level variations in energy policy. Since selling its retail banking arm in 2022, MUFG has focused on wholesale banking and technology-related sectors, even hiring talent from the collapsed Silicon Valley Bank to strengthen its position. The US market remains a cornerstone of MUFG’s global profits, contributing nearly 30% of its earnings in the last fiscal year.
Democratic Senator Ed Markey and Republican Senator Rand Paul are urging President Joe Biden to extend the January 19 deadline for ByteDance, the China-based owner of TikTok, to sell the app’s US assets or face a nationwide ban. The Supreme Court is set to hear arguments on January 10 regarding ByteDance’s legal challenge, which claims the law mandating the sale violates First Amendment free speech rights. In their letter to Biden, the senators highlighted the potential consequences for free expression and the uncertain future of the law.
The controversial legislation, signed by Biden in April, was passed due to national security concerns. The Justice Department asserts that TikTok’s vast data on 170 million American users poses significant risks, including potential manipulation of content. TikTok, however, denies posing any threat to US security.
The debate has split lawmakers. Senate Minority Leader Mitch McConnell supports enforcing the deadline, while President-elect Donald Trump has softened his stance, expressing support for TikTok and suggesting he would review the situation. The deadline falls just a day before Trump is set to take office on January 20, adding to the uncertainty surrounding the app’s fate.
The US Department of Commerce has asked Nvidia to investigate how its AI chips ended up in China despite ongoing export restrictions, The Information reported. In response, Nvidia has called on major distributors like Super Micro and Dell to conduct customer inspections in Southeast Asia. Nvidia chips, embedded in server products, have allegedly been smuggled to Chinese entities through various schemes, including duplicating or altering serial numbers.
Super Micro and Dell stated they strictly enforce export regulations and will terminate relationships with partners who violate these controls. Super Micro also confirmed it investigates unauthorised exports and complies with all US export laws.
These developments come as the Biden administration intensifies its crackdown on chip sales to China. Despite the broadened restrictions on high-end AI chips in 2023, Chinese institutions reportedly acquired Nvidia chips through resellers. Earlier this month, the US further limited semiconductor exports to 140 additional companies, underscoring efforts to control the flow of advanced technology to China.
The US Supreme Court has agreed to review a case involving TikTok and its Chinese parent company, ByteDance, in a challenge against a law requiring the app’s sale or a ban in the US by January 19. The court will hear arguments on 10 January but has not yet decided on TikTok’s request to block the law, which it claims violates free speech rights under the First Amendment. TikTok, used by 170 million Americans, argues the law would harm its operations and user base, while US officials cite national security concerns over data access and content manipulation.
The Justice Department has labelled TikTok a significant security risk due to its Chinese ownership, while TikTok denies posing any threat and accuses lawmakers of speculation. The law, passed in April and signed by President Biden, would ban the app unless ByteDance divests its ownership. The company warns that even a temporary shutdown could damage its US market share, advertising revenue, and ability to recruit creators and staff.
The case also reflects heightened tensions between the US and China over technology and trade policies. TikTok’s fate could set a precedent for the treatment of other foreign-owned apps, raising questions about free speech and digital commerce. The Supreme Court’s decision may have far-reaching implications for the platform’s future and US-China relations.
