The U.S. government, under the Trump administration, is contemplating a scheme to accrue a portion of the revenue generated from patents developed at major universities utilizing federal funds. This information comes to us from a recent interview with Commerce Secretary Howard Lutnick on The Axios Show. Secretary Lutnick, when asked about potential deals that might yield the … [Read more...] about Lutnik Pushes to Tap University Patent Fortunes for Federal Revenues
Howard Lutnick
Lutnick Warns: TikTok Could Go Dark in U.S.,Unless China Signs Off
U.S. Commerce Secretary Howard Lutnick has stated that the popular short video app, TikTok, may cease operations in the United States should China fail to approve its sale deal. This app, owned by China-based ByteDance, is utilized by approximately 170 million American users. Lutnick, while addressing CNBC, emphasized that the United States must regulate the algorithm that … [Read more...] about Lutnick Warns: TikTok Could Go Dark in U.S.,Unless China Signs Off
Lutnick Claims U.S.-EU Trade Deal Is Coming
Commerce Secretary Howard Lutnick, during a Sunday interview, expressed his confidence in the United States' ability to secure a trade deal with the European Union, despite a looming Aug. 1st deadline for the imposition of tariffs. Lutnick's conversation with European trade negotiators left him optimistic, noting there was 'plenty of room' for an agreement. He stated, 'These … [Read more...] about Lutnick Claims U.S.-EU Trade Deal Is Coming