In the News
Now that Democrats control the House of Representatives after the 2018 midterm elections, one of their biggest priorities will be majorly challenging the Trump administration's national security and foreign policy. That will put significant pressure on President Donald Trump to change his personal conduct, his stated worldview — and even his foreign business ties. Democrats in the House generally disagree with how the Trump administration is steering the ship. Controlling the House allows them to actually do something about it.
Last night, Democrats claimed the majority in the House of Representatives, and Republicans were able to keep a stronghold over the Senate, making some minor gains. The new Congress is still taking shape, with leadership elections to be held next week and a few more months before the next congressional term truly begins.
Silicon Valley startups are continuing to negotiate deals with Saudi Arabia and take its capital through its partner SoftBank Group Corp. 9984 0.08% , amid the controversy over the killing of journalist Jamal Khashoggi that has clouded the kingdom's role as a global technology investor. Two startups— View Inc., which makes light-adjustable glass, and Zume Inc., which uses robots to make pizza—disclosed investments over the past week totaling a combined $1.5 billion from SoftBank's Saudi-backed Vision Fund.
WASHINGTON ― As Democrats plan for a potential future in which they have control of the U.S. House, lawmakers, candidates and outside groups close to the party are quietly preparing a new push against the overlooked war in Afghanistan.
Last week's call by the Trump administration for a cease-fire in the war in Yemen "in the next 30 days" is welcome but long overdue. A similar demand could have been made at any time during the more than three years of Saudi intervention there, which has caused more than 17,000 civilian casualties, most of them because of Saudi/United Arab Emirates air strikes carried out with U.S.-supplied bombs and aircraft.
The outcome of Tuesday's midterm elections could have big implications for the tech industry. Silicon Valley in recent years has found itself increasingly under fire from both parties. President Trump and Republicans have pressed companies over allegations of anti-conservative bias and raised antitrust concerns for tech's biggest companies. Now, if Democrats retake the House, the industry could face itself fighting on a new front. When former President Obama was in office, the tech industry was seen as closely allied with Democrats.
Washington (CNN)The United States is working to capitalize on what it regards as new leverage with Saudi Arabia to end the brutal civil war in Yemen and ease a regional standoff with Qatar, according to multiple US and diplomatic officials.
No matter which party takes control of the U.S. House and Senate in next week's midterm elections, technology and internet stocks are likely to face more regulatory scrutiny.
Internet companies, which are already struggling amid signs of cooling after years of rapid growth, have emerged as a rare subject of bipartisan criticism. Recent events like Facebook Inc.'s data breach have underlined the spotlight that's been put on social media companies, especially in relation to consumer data and privacy.
A heavyweight right-wing financier has thrown in with a left-right coalition to end the U.S. military's involvement in the Saudi-led war on Yemen, one of the world's most devastating humanitarian catastrophes, The Daily Beast has learned.
The Charles Koch Institute, bearing the brand of one of the most influential sources of conservative political money, is backing an effort spearheaded by progressive California Democrat Ro Khanna to demand either an end to non-counterterrorism aid to the Yemen war or a direct congressional vote authorizing it.
WASHINGTON — When California Democratic Rep. Ro Khanna and other freshman lawmakers visited with President Donald Trump at the Oval Office in April, Khanna did something some might consider surprising, especially for a progressive Democrat: He encouraged Trump.
At the time, Trump was under fire for praising North Korean leader Kim Jong Un as "very honorable," and seeking to meet with Kim with no preconditions. Khanna — a House Armed Services Committee member — made a case to Trump to keep up his peacemaking efforts. Anything to avoid more military intervention.