US President Barack Obama on Friday moved to block a Chinese company’s purchase of German semiconductor equipment maker Aixtron by rejecting the inclusion of Aixtron’s US business in the deal.
The US Treasury Department said a review by the Committee on Foreign Investment in the United States (CFIUS) chaired by Obama found the risks posed by the deal, which could place sensitive technology with potential military applications in Chinese hands, were too great.
“CFIUS and the president assess that the transaction poses […]
Donald Trump should elect a cybersecurity ambassador to help keep the US secure, a new report says.
The 100-page document highlights areas where the US falls short and calls on the private sector to help hasten the improvement of digital services.
President Barack Obama set up the commission in preparation for the new administration.
He said its recommendations should be followed within the first 100 days of Trump’s presidency.
“Now it is time for the next administration to take up this charge and ensure […]
For anyone who might like to see Michelle Obama run for president as a Democrat, it’s time to rein in that early enthusiasm. Or so says her husband, President Barack Obama.
“Michelle will never run for office,” the president said in an interview with Rolling Stone magazine done the day after Donald Trump’s surprise win, and amid some social media swirl urging the first lady to consider throwing her hat in the ring.
“She is as talented a person as I know. […]
Alphabet’s Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump’s incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company’s battles with telecoms and cable heavyweights, analysts say.
Google had close ties with outgoing Democratic President Barack Obama’s administration, and its employees donated much more to defeated Democratic presidential candidate Hillary Clinton than to the Republican Trump.
In the most concrete sign yet that the tech policy balance may be tipping in […]
President Barack Obama and the United States have congratulated Nigeria on the occasion of the country’s 56th Independence Anniversary which comes up tomorrow, October 1, 2016.
This is contained in a statement made available to newsmen on Friday by the Special Adviser to President Muhammadu Buhari on Media and Publicity, Mr Femi Adesina.
He said, “On behalf of President Barack Obama and the American people, the US Secretary of State, John Kerry, expressed confidence that Nigerians are working hard to address current […]
World leaders bid farewell to Israeli elder statesman and Nobel Peace laureate Shimon Peres at his funeral in Jerusalem Friday, with US President Barack Obama hailing him as a giant of the 20th century.
Palestinian president Mahmud Abbas was among the mourners at the city’s Mount Herzl national cemetery and was seated in the front row, reportedly at the request of Peres’s family.
Abbas knew Peres well and negotiated with him. In an extremely rare move, he shook hands and spoke briefly […]
President Barack Obama heralded Saturday the opening of the National Museum of African American History and Culture, an institution dedicated to the many threads of black suffering and triumph.
The first black president of the United States cut the ribbon to inaugurate the striking 400,000-square-foot (37,000-square-meter) bronze-clad edifice before thousands of spectators gathered in the nation’s capital to witness the historic opening.
“Beyond the majesty of the building, what makes this occasion so special is the larger story it contains,” said Obama […]
President Barack Obama of the United States passed vote of confidence on the administration of President Muhammadu Buhari.
A statement by Femi Adesina, special adviser to the president on media and publicity, quoted the US leader as making this statement during a bilateral meeting on the sidelines of the 71st edition of the UN General Assembly.
Obama, the statement noted, described Buhari as a man of “integrity and honesty,” and said his administration would assist Nigeria within the short period it has […]
Barack Obama today held talks with Nigeria’s President, Muhammadu Buhari, where he lauded his effort in the fight against corruption and terrorism.
Both presidents met on the sideline of the 71st United Nations General Assembly holding in New York City.
Obama describes Nigeria as a very important country in the comity of nations which is why his administration decided to assist the administration in the fight.
President Obama also pledged to assist in the area of economy, agriculture, promising to inject more fund […]
The Trump campaign has acknowledged in a statement that President Barack Obama was born in the United States.
The Republican candidate had been a leader of the “birther” movement that questioned Hawaii-born Mr. Obama’s citizenship.
But his campaign now accuses his Democratic rival Hillary Clinton of introducing the “smear” during the 2008 Democratic nomination contest, the BBC reports.
There is no evidence to link Mrs. Clinton to the birthers.
In reaction she tweeted that President Obama’s successor “cannot and will not be the man […]