Search results for "China"

Facebook finds Chinese hacking operation targeting Uyghurs

Hackers in China used fake Facebook accounts and impostor websites to try to break into the computers and smartphones of Uyghur Muslims, the social network said Wednesday. The company said the sophisticated, covert operation targeted Uyghur activists, journalists and dissidents from China’s Xinjiang region, as well as individuals living in Turkey, Kazakhstan, the U.S., Syria, […]

Fed's Powell: Public should understand risks of Bitcoin

Federal Reserve Chair Jerome Powell said Monday that the U.S. public needs to understand the risks behind Bitcoin and other cryptocurrencies, even as the central bank itself is studying the potential costs and benefits of a digital dollar. Powell said the Fed prefers to call crypto coins “crypto assets,” because their volatility undermines their ability […]

Japan spends billions on technology for absent Olympic fans

Japan’s top telecommunications company is getting 7.3 billion yen — about $67 million — in taxpayer money to design mobile tracking software to curb the spread of coronavirus infections during the Tokyo Olympics. There’s one catch: Few Olympic fans from abroad will be around to use it. Tokyo Olympic organizers and the IOC on Saturday […]

ByteDance acquires gaming studio Mooton, flaring up rivalry with Tencent

TikTok parent company ByteDance announced on Monday that its video games arm, Nuverse, has acquired China-based Mooton Technology, as the company looks to further expand within the gaming industry, Reuters reported. ByteDance’s desire to bolster its position within the video gaming industry, places it directly in competition with China’s largest social media and gaming company […]

AstraZeneca: US data shows vaccine effective for all ages

AstraZeneca’s COVID-19 vaccine provided strong protection against sickness and eliminated hospitalizations and deaths from the disease across all age groups in a late-stage study in the United States, the company announced Monday. AstraZeneca said its experts did not identify any safety concerns related to the vaccine, including finding no increased risk of rare blood clots […]

FCC eyes up 3 new Chinese telecoms companies for CCMC designation

The Federal Communication Commission (FCC) is eyeing up to three new Chinese telecoms companies for potential addition to the U.S.’ Communist Chinese military companies (CCMC) designation, the regulator announced on Wednesday. The FCC launched proceedings to determine whether to end authorization, China Unicom Americas, Pacific Networks and its wholly owned subsidiary ComNet’s authority to provide […]

Senate confirms Katherine Tai as Biden's top trade envoy

The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be the first Asian American and first woman of color to hold the position. Tai is considered a problem-solving pragmatist, and her nomination by President Joe Biden to be U.S. trade representative drew support […]

Lawyer says authorities disregarded Huawei exec's rights

The actions of Canadian and American authorities during the arrest of a senior executive for Chinese communications giant Huawei Technologies “spanned the spectrum from negligence to casual indifference” of her rights, defense lawyers told an extradition hearing Wednesday. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder and the company’s chief financial officer, at Vancouver’s […]