Search results for "us government "

Harris unveils plan for electric vehicle charging network

The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. “The future of transportation in our nation and around the world is electric,” Vice President Kamala Harris said […]

FCC probs Meta’s acquisition of VR startup, Supernatural

The U.S. Federal Trade Commission will launch a thorough examination into Meta’s scheme to acquire the famous Virtual Reality (VR) fitness platform Supernatural, according to The Information. The investigation highlights only one aspect: antitrust watchdogs have officially initiated their scrutiny on Meta – formerly known as Facebook – for its heavy investments into its latest […]

Congress approves import ban targeting forced labor in China

Senators gave final congressional approval Thursday to a bill barring imports from China’s Xinjiang region unless businesses can prove they were produced without forced labor, overcoming initial hesitation from the White House and what supporters said was opposition from corporations. The measure is the latest in a series intensifying U.S. penalties over China’s alleged systemic […]

India unveils $10.2B plan to attract semiconductor makers

India on Wednesday announced a $10.2 billion plan to try to attract global chipmakers to set up shop in the country and transform it into a production hub of semiconductors. The plan unveiled by Information Technology and Telecom Minister Ashwini Vaishnaw comes amid a severe shortage of semiconductors caused by the COVID-19 pandemic, which has […]

Documents align Huawei with China’s Xinjiang surveillance

In a fierce attempt to expose affiliates linked to China’s Xinjiang surveillance accusations, The Washington Post publicized on Tuesday a hidden aspect revealing Huawei’s association in persecuting against the region’s ethnic minorities. The leaked PowerPoint presentations acquired by the news outlet revealed that it had obtained the documents through a public Huawei site before being removed by […]

France: 400 investigations into fake COVID-19 health passes

France has opened 400 investigations into networks providing fake COVID-19 health passes, the interior minister said Sunday, as virus-related hospitalizations rise sharply across the country. The case of a woman with the virus who died in a Paris regional hospital after showing a false vaccine certificate has drawn attention in French media in recent days. […]

'The internet's on fire' as techs race to fix software flaw

A critical vulnerability in a widely used software tool — one quickly exploited in the online game Minecraft — is rapidly emerging as a major threat to organizations around the world. “The internet’s on fire right now,” said Adam Meyers, senior vice president of intelligence at the cybersecurity firm Crowdstrike. “People are scrambling to patch,” […]

Stocks end higher, closing out best week since February

Technology companies led a rally on Wall Street that powered the S&P 500 to an all-time high and gave the index its best weekly gain since February. The S&P 500 rose 1%, enough to recoup its losses from a day earlier. The benchmark index closed higher four of the last five days, finishing 3.8% higher […]