According to China’s Commerce Ministry, the country’s authorities “strongly oppose” the forced sale of the social network, which is being considered in the United States on the pretext of protecting American customers’...
USA
Next week, US authorities are expected to issue new tax deduction rules for buyers of US-built electric vehicles that require some localization of traction battery production. As a result of these changes, buyers of US-built lower-end Teslas will...
TikTok CEO Shou Zi Chew confirmed in a speech to US lawmakers that the company has never shared US user data with Chinese authorities. Reuters with reference to a prepared transcript of his speech. Even if there were such requirements from the...
US TikTok monthly active users reach 150 million Reuters with reference to the explanation of the administration of the platform. For comparison: in 2020 it was 100 million. Image source: antonbe / pixabay.com Shortly before the appearance of TikTok...
Samsung Electronics was able to convince a jury in a Los Angeles federal court that the legacy Galaxy S10 series flagship smartphones, by their very existence, did not infringe trademark rights asserted by S10 Entertainment & Media, the agency...
On March 19, Bitcoin’s price surpassed $28,000 for the first time since mid-June last year. In the past seven days, the cryptocurrency is up 27% in price. Currently, the cost of one bitcoin is $28,293 according to the Coindesk resource. Image...
Also under former President Donald Trump, the Chinese company Huawei Technologies was under pressure from the US authorities, as a result of which it lost not only the right to receive imported components of a certain range, but also access to the...
The FBI and the US Department of Justice launched an investigation into the activities of ByteDance, whose employees used its TikTok application to spy on American journalists. Previously, the company itself admitted the fact of surveillance and...
Foxconn, a Taiwanese company, operates a custom electric vehicle manufacturing facility in Ohio that it inherited from startup Lordstown Motors, previously owned by GM. At this location Foxconn will start the production of electric vehicles for...
Agency Bloomberg reported that US officials have asked the Chinese company ByteDance to sell assets related to the activities of the social network TikTok in the United States under threat of a ban on its activities. The country’s authorities...
Discussions about the need to either take control of the social network TikTok or ban it outright in the US have been going on for years, and in the past advocacy groups have devised a plan dubbed Project Texas to meet the demands of the to comply...
In 2022, the US economy lost to online fraud topped $10 billion, the highest annual loss in the past five years. reported CNN resource referencing the FBI’s annual Internet Crime Report. Image source: Pixabay According to the report, the more...
TSMC founder Morris Chang has repeatedly stated that producing chips in the US will be one and a half times more expensive than in Taiwan. Increasing costs for the company to build new facilities in Arizona, coupled with inflation, may render this...
Short video service TikTok has launched a $1.5 billion Project Texas program to allay US politicians’ concerns about transferring US users’ personal data to China, but all those efforts may prove to be in vain . This publication reports...
According to the agency Reuters, India and the United States intend to sign a memorandum of understanding on the development of the semiconductor industry in both countries. Government officials will discuss the coordination of investments and...
Although the use of TikTok in the United States has already been banned on the devices of government employees, local authorities want to go much further and completely ban the use of the country’s most popular social network. Accordingly...
For South Korea, the export of semiconductor components is an important source of income, which is why the country’s authorities are trying to maneuver between difficult market conditions and ever-changing requirements from the USA. Korean...
Although Chinese authorities are ready to help the country’s semiconductor industry deal with the fallout from US sanctions, money alone does not seem to be enough. Companies will have to make significant efforts to get out of the...
A Universal Hydrogen-modified Dash-8 airliner completed a 15-minute flight to the United States, relying on the capabilities of aviation’s largest hydrogen fuel cell. Loud head Universally applicable hydrogen Pavel Eremenko, the event marks...
The US Treasury Department will set up a working group that will include federal agencies. Group members will begin regular consultations on the potential launch of a digital dollar. Bloomberg. Image source: Gerd Altmann / pixabay.com The group will...