Search results for "China"

US: Hack of federal agencies 'likely Russian in origin'

Top national security agencies confirmed Tuesday that Russia was likely responsible for a massive hack of U.S. government departments and corporations, rejecting President Donald Trump’s claim that China might be to blame. The rare joint statement represented the U.S. government’s first formal attempt to assign responsibility for the breaches at multiple agencies and to assign […]

Trump widens US ban on Chinese apps as his term nears end

President Donald Trump has signed an executive order banning transactions with eight Chinese apps including Alipay and WeChat Pay in an escalation of a trade war that has been unfolding through most of his term. The order, however, goes into effect in 45 days, nearly a month after Joe Biden will be inaugurated as the […]

NYSE withdraws plans to delist 3 Chinese phone carriers

The New York Stock Exchange has withdrawn plans to remove shares of three Chinese state-owned phone carriers under an order by President Donald Trump that Beijing warned might lead to retaliation. The exchange cited “further consultation” with regulators but its announcement late Monday gave no other details. The NYSE said Thursday it would remove China […]

Human-reliant AI: A shield against the pandemic

As the pandemic stretched out and engulfed the globe, countries harnessed technology to the best of their abilities to aid in the fight against the virus and to keep us safe. Artificial intelligence (AI) is among the most useful of these emerging technologies, but without the human ingenuity and adaptive intelligence, these tools cannot be […]

Chinese regulators order Ant Group to rectify its businesses

Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday and ordered them to formulate a rectification plan and […]

The Latest: Spain receives 1st batch of coronavirus vaccine

MADRID — Spanish authorities say the first batch of the coronavirus vaccine to reach the country has arrived. The government said Saturday morning that a truck transporting the vaccine produced by Pfizer arrived at a company warehouse in the central city of Guadalajara after making the trip from Belgium. It is the first part of […]

Sweden excludes Huawei from its 5G efforts

Sweden will rely on itself to set up its fifth generation of mobile networks infrastructure, excluding Chinese telecom titan Huawei from the construction efforts. The decision was made following a nationwide poll that addressed advancing human rights and democratic reforms, with China as its highest policy priority. The Swedish Post and Telecom Authority (PTS) said […]

Closer look by Beijing at group buying and big tech

China is ramping up its scrutiny of the practice of community group buying, summoning some of the nation’s largest tech companies for discussions as part of an anti-monopoly push. Community group buying allows groups of people living in the same town or region to buy groceries and other items in bulk at a discounted rate, […]

Myth busting: Are contactless payments safe?

The COVID-19 pandemic has made us more inclined toward digital payments, shying away from the exchange of hard currency due to our newfound hygiene awareness; it is here that contactless payments have quickly become the new norm. In Europe, Germans are increasingly ditching cash for hygiene reasons, according to Initiative Deutsche Zahlungssysteme e.V, a payment […]

Hacked networks will need to be burned 'down to the ground'

It’s going to take months to kick elite hackers widely believed to be Russian out of the U.S. government networks they have been quietly rifling through since as far back as March in Washington’s worst cyberespionage failure on record. Experts say there simply are not enough skilled threat-hunting teams to duly identify all the government […]