Google chief executive officer Sundar Pichai on Friday went to Washington to discuss concerns about the company’s business practices with members of the US Congress and emerged with an invitation to meet with US President Donald Trump during an upcoming roundtable.
US National Economic Council Director Larry Kudlow extended the invitation while meeting with Pichai and the offer was accepted, the White House said.
Other “Internet stakeholders” are to be invited to the same roundtable with Trump, the White House said, with other details, including the date, still to come.
Google did not immediately respond to requests for comment.
Trump has accused Google of rigging the results of its influential search engine to suppress conservative viewpoints and highlight coverage from media that he says distribute “fake news.”
Google has denied any political bias.
The White House said that Kudlow on Friday discussed the Internet and the economy with Pichai, and described the talks as “positive and productive.”
Pichai made the rounds in Washington just a few weeks after he and his boss, Google cofounder Larry Page, irked lawmakers by skipping a public hearing.
There was plenty to talk about, based on remarks by both lawmakers and Trump.
That includes reports that Google is poised to re-enter China with a search engine generating censored results to comply with the demands of that country’s communist government, as well as reports about potential new regulations that would define how much personal information that Internet companies can collect about people using their services.
Trump and some US lawmakers have been raising the possibility of asking government regulators to investigate whether Google has abused its power to thwart competition through its dominant search engine and other widely used services.
Pichai’s meeting with about two dozen Republican lawmakers was held in the Capitol office of House Majority Leader Kevin McCarthy, who represents a district in Google’s home state of California.
Before the meeting with Republican lawmakers, Pichai also said he planned to meet with Democrats.
“These meetings will continue Google’s long history of engaging with Congress, including testifying seven times this year,” he said.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to