WTF?! Just how much influence do influencers really have? The Biden administration certainly doesn't underestimate the hold these social media stars have on young people. According to a new report, they may be given their own briefing room at the White House as part of a strategy to reach younger demographics ahead of next year's election.
What just happened? The Kremlin has told staff involved in President Vladimir Putin's 2024 re-election campaign to get rid of their iPhones before the end of this month over fears that western intelligence agencies could be using them for surveillance purposes. Those who would rather not throw their expensive handset away have been advised to "give it to the kids."
Big quote: It's often said that there are three significant influences on global politics (and wars): oil, land, and religion. According to Intel boss Pat Gelsinger, semiconductors will join that list and become more important than the location of oil reserves for the next five decades.
Why it matters: Earlier this month, the US government blocked the sale of specific chips to anyone in China. We see this as an important change by the government in the tactics they are deploying. The United States has gone from blocking specific companies in China, to blocking all companies and focusing on specific products.
This is a big change, and opens up the question – what exactly are they hoping to achieve? This matters obviously in that it can help us predict the outcome, but we increasingly hold the view that the government may not have entirely thought through how this will ultimately play out.