tech

Claire Yubin Oh4/7/25

More Americans than ever oppose the TikTok ban, as it’s pushed back once again

On Friday, President Trump granted a 75-day extension for TikTok’s divest-or-ban deadline, giving parent company ByteDance until mid-June to find a new owner in the US — the second delay since the Supreme Court unanimously upheld the law in January, as tariffs complicate the picture.

In a Truth Social post announcing the extension, the president said he hoped to continue negotiating the deal with China, acknowledging the nation was “not very happy” with his new trade policies. The two countries had apparently been close to a deal that would have spun off the app’s American operations into a new company, majority-owned by US investors, but it reportedly fell through after Chinese officials objected to the new 34% tariff hike.

Public opposition to the TikTok ban is rising — Sherwood News

Meanwhile, the public opposition to banning the app used by 170 million Americans has only been growing in the years since it was first proposed. Per a survey released by Pew Research Center in March, just 34% of US adults now support the ban, down from 50% in March 2023. Over the same period, more Americans have grown to oppose the breakup, climbing to 32% in the latest survey.

TikTok gets another lifeline as Trump delays the app’s divest-or-ban deadline — again

TikTok gets another lifeline as Trump delays the app’s divest-or-ban deadline — again

In a Truth Social post announcing the extension, the president said he hoped to continue negotiating the deal with China, acknowledging the nation was “not very happy” with his new trade policies. The two countries had apparently been close to a deal that would have spun off the app’s American operations into a new company, majority-owned by US investors, but it reportedly fell through after Chinese officials objected to the new 34% tariff hike.

Public opposition to the TikTok ban is rising — Sherwood News

Meanwhile, the public opposition to banning the app used by 170 million Americans has only been growing in the years since it was first proposed. Per a survey released by Pew Research Center in March, just 34% of US adults now support the ban, down from 50% in March 2023. Over the same period, more Americans have grown to oppose the breakup, climbing to 32% in the latest survey.

More Tech

UFC 320: Ankalaev v Pereira 2

Meta posts record revenue but misses on earnings

The company reported earnings Wednesday.

It turns out Tesla’s Cybercab might need to have a steering wheel and pedals after all

Tesla’s Cybercab was supposed to be a steering-wheel-less alternative to its affordable mass market car.

101st Brussels Motor Show 2025

tech

Matt Phillips10/28/25

Intel romps amid reported attempt to poach a 21-year Taiwan Semiconductor veteran

A report in the Taiwanese press that Intel is attempting to recruit a recently retired top Taiwan Semiconductor executive, Wei-Jen Lo, to lead R&D at Intel’s troubled foundry division may account for the bump in Intel shares Tuesday, one analyst told us.

A synopsis of the report from technology analysis and news outlet TrendForce News notes:

“If confirmed, the move could have significant implications for TSMC and the broader Taiwanese semiconductor industry, especially as Intel aggressively expands its foundry business with support from Washington and backing from tech giants like NVIDIA and SoftBank, the report adds.”

But some skepticism about Lo, 75 years old, returning to Intel, where he worked before joining TSMC in 2004, is also warranted, TrendForce says:

“Industry insiders cited by the report say it is unlikely he would join Intel again, given TSMC’s non-compete rules, Intel’s status as a direct competitor, Lo’s advanced age, health considerations, and his long-standing loyalty to TSMC founder Morris Chang. On the other hand, some industry observers warn that Lo, a U.S. citizen, would be difficult for TSMC to restrict, even with non-compete clauses.”

Intel shares have doubled over the last three months, since the US government took a 10% stake in the company in August. Intel is the best-performing stock in the S&P 500 over that period.

Intel Reportedly Eyes Retired TSMC Veteran Wei-Jen Lo, Advanced Node Pioneer, to Lead R&D

[News] Intel Reportedly Eyes Retired TSMC Veteran Wei-Jen Lo, Advanced Node Pioneer, to Lead R&D

“If confirmed, the move could have significant implications for TSMC and the broader Taiwanese semiconductor industry, especially as Intel aggressively expands its foundry business with support from Washington and backing from tech giants like NVIDIA and SoftBank, the report adds.”

But some skepticism about Lo, 75 years old, returning to Intel, where he worked before joining TSMC in 2004, is also warranted, TrendForce says:

“Industry insiders cited by the report say it is unlikely he would join Intel again, given TSMC’s non-compete rules, Intel’s status as a direct competitor, Lo’s advanced age, health considerations, and his long-standing loyalty to TSMC founder Morris Chang. On the other hand, some industry observers warn that Lo, a U.S. citizen, would be difficult for TSMC to restrict, even with non-compete clauses.”

Intel shares have doubled over the last three months, since the US government took a 10% stake in the company in August. Intel is the best-performing stock in the S&P 500 over that period.

All eyes on Google Search revenue

It’s hard to tell what’s happening with Search.

Woman's Eye and Rainbow

Sunny blue sky with large storm clouds in spring.

This earnings season, all eyes are on cloud revenue growth

AI computing demand is generating huge revenue streams for hyperscalers, but the market is closely watching the pace of growth, which is slowing.

Jon Keegan10/28/25

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.

©2025 Sherwood Media, LLC