Post Ax4Ef7LghDX3DGmEJE by Greengordon@spore.social
(DIR) More posts by Greengordon@spore.social
(DIR) Post #Ax49AotAGYebVBAXiK by Nonilex@masto.ai
2025-08-11T16:38:19Z
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WTF?#US #FederalGovernment to Take Cut of #Nvidia & #AMD AI Chip Sales to #ChinaIn 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 #extortionhttps://www.nytimes.com/2025/08/10/technology/us-government-nvidia-amd-chips-china.html?smid=nytcore-ios-share&referringSource=articleShare
(DIR) Post #Ax49In88gi9sMfyTdg by ChrisHolladay@mastodon.social
2025-08-11T16:39:33Z
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@Nonilex BRIBE!!!!
(DIR) Post #Ax49Tz3Ai6Y0WEzJFQ by Nonilex@masto.ai
2025-08-11T16:41:47Z
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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
(DIR) Post #Ax49UNIEZkr9huDg3c by TomDB@mastodon-belgium.be
2025-08-11T16:41:49Z
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@Nonilex Trump admin is a MOB!
(DIR) Post #Ax49ZarrX6HDFwNBw0 by Lazarou@mastodon.social
2025-08-11T16:42:47Z
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@Nonilex Gangster Nation behaves like a Gangster.
(DIR) Post #Ax49ZhZgb4te3avH4i by Nonilex@masto.ai
2025-08-11T16:42:49Z
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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
(DIR) Post #Ax49q91EKNOvo6e9yq by Nonilex@masto.ai
2025-08-11T16:45:48Z
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…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
(DIR) Post #Ax49yL9d5lxrlGU2bI by rejinl@masto.nyc
2025-08-11T16:47:14Z
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@Nonilex So almost like corporate income tax, but rather than a consistent, codified rate its based on the whims of the dictator?
(DIR) Post #Ax4APzgAWuQDGWtEHY by petealexharris@mastodon.scot
2025-08-11T16:52:15Z
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@Nonilex The rare double-reacharound tariff system, where you pay to import from Taiwan to incentivise domestic production and reduce the trade deficit, then pay again to export tech to China.
(DIR) Post #Ax4Cd9VZUqsBQHKqPo by callmeray@techhub.social
2025-08-11T17:17:01Z
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@Nonilex The only thing that surprises me about this is the payments are going to the US gov and not his "presidential library" fund.
(DIR) Post #Ax4Ef7LghDX3DGmEJE by Greengordon@spore.social
2025-08-11T17:39:47Z
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@Nonilex I have to think there's also a kickback to Trump personally, too."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."
(DIR) Post #Ax4GbFZ0PZelROI26q by nomdeb@mstdn.social
2025-08-11T18:01:28Z
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@Nonilex And besides the shakedown, ultimately, it's not funding to the US Government and American people, it's to benefit Trump Con artists, crooks, crazies, and corrupt grifters.
(DIR) Post #Ax4zPWPyPx9MAxqZF2 by Nonilex@masto.ai
2025-08-12T02:23:38Z
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#Trump upended decades of #NationalSecurity policy, creating an entirely new category of #corporate risk, when he made a deal with #Nvidia to give the US govt a cut of its sales in exchange for resuming exports of banned #AI #chips to #China.#law #extortion #bribery #business #tech https://www.reuters.com/legal/government/trumps-unusual-nvidia-deal-raises-new-corporate-national-security-risks-2025-08-11/
(DIR) Post #Ax4za2GGsYnPpgK1dg by Nonilex@masto.ai
2025-08-12T02:25:33Z
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Historically, the #US government made decisions to control the #export of sensitive technologies on #NationalSecurity grounds. Those decisions were viewed as non-negotiable; if a #technology was controlled, companies could not buy their way around those controls, no matter how lucrative the foregone foreign sales.#Trump #law #extortion #bribery #business
(DIR) Post #Ax4zoV4aYTQtFCkrSq by Nonilex@masto.ai
2025-08-12T02:28:10Z
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…The latest move drew condemnation from US lawmakers in both parties who warned that it risked creating a pay-for-play framework for the sale of sensitive technologies to US adversaries, a concern echoed by analysts & legal experts.#Trump #law #extortion #bribery #NationalSecurity
(DIR) Post #Ax4zphRA4TSTsdsvvE by Nonilex@masto.ai
2025-08-12T02:28:23Z
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"Export controls are a frontline defense in protecting our #NationalSecurity, & we should not set a precedent that incentivizes the government to grant licenses to sell #China #technology that will enhance its #AI capabilities," said Rep John Moolenaar, a Michigan Republican who chairs the House Select Cmte on China.#Trump #law #extortion #bribery
(DIR) Post #Ax5126TSuRGUxdRPSS by huntingdon@mstdn.social
2025-08-12T02:41:36Z
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@Nonilex The trouble with naming a bidnessman as President is that all he thinks about is profits and his personal power. They have no conception of pubic service or the public good, and reject the proposition that govt should never be run like a private business.Trump's deal with Nvidia is as corrupt as any other Trump deal. Giving the USG a piece of Nvidia's action has nothing to do with the technological risk of permitting it to export certain products to certain countries.
(DIR) Post #Ax5VLnKSnVgg02XIsC by msona@mastoturk.org
2025-08-12T08:21:28Z
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@NonilexWestern war mercenaries #rape women in #Ukraine https://spain.news-pravda.com/en/world/2025/01/08/1077.html#warcrimes