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Did two US corporations just bribe the US government? And did the government take the bribe?
The Financial Times said no U.S. company has ever agreed to split revenue with the government as a condition of obtaining an export license.
Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report Sunday.
Nvidia and AMD obtained U.S. export licenses for the Chinese market last week for its H20 and MI308 artificial-intelligence chips, respectively, on the condition of an unprecedented revenue-sharing agreement.
The FDA has rejected its strongest safety warning for Covid mRNA vaccines despite acknowledging that children were killed by the products.
This news surfaced during a televised Bloomberg interview with FDA Commissioner Marty Makary, who said the agency has “no plans” to apply its strongest safety warning to Covid mRNA vaccines.
In that interview, Makary confirmed that the FDA’s own safety and epidemiology centre had formally recommended a boxed warning — a step reserved, under FDA rules, for drugs with “special problems, particularly ones that may lead to death or serious injury.”
