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Private 5G Networks in China and Russia: What It Means for the Future of Global Telecom 

The world of telecommunications is constantly evolving, with new technologies emerging that promise faster speeds, lower latency, and greater reliability. However, the development of private 5G technology by China and Russia could have significant implications for the global telecom industry, potentially leading to a fragmentation of networks and a separate ecosystem of devices and services […]

Elon Musk and Others Urge AI Pause, Citing ‘Risks to Society’

Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, in an open letter citing potential risks to society and humanity. Earlier this month, Microsoft-backed OpenAI unveiled the fourth iteration of its GPT (Generative Pre-trained Transformer) AI […]

TikTok Represents ‘Strategic’ Challenge, Says Top US Cyber Official

The head of the U.S. National Security Agency’s cybersecurity directorate on Monday said TikTok represents a “strategic issue” rather than an immediate “tactical” threat to the United States. Speaking at a policy conference in Northern California, Rob Joyce, director of cybersecurity for the spy agency, reiterated the agency’s earlier position that the Chinese-owned social networking […]

Canada to Ramp up Clean-Tech Push in Budget to Level Playing Field With Us

Canadian Finance Minister Chrystia Freeland on Tuesday will present this year’s budget, which will have a major focus on scaling up investment in clean technology and will include investments in healthcare and help for low-income households. Countries across the globe are vying for a portion of the low-carbon economy of the future. In Canada, there’s […]

Eleven EU Countries Push to Keep Nuclear Out of Renewable Energy Goals

Energy ministers from eleven European Union countries, led by Austria, on Tuesday formed an alliance to push back attempts by France and others to count nuclear energy towards the bloc’s renewable energy goals. Calling themselves the ‘Friends of Renewable Energy’, the governments aim to fend off attempts by a rival alliance – led by France, […]

US Regulator Sues Top Crypto Exchange Binance, CEO for ‘Willful Evasion’

The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator alleged were an “illegal” exchange and a “sham” compliance program. The CFTC sued Binance, Zhao and its former top compliance executive with “willful evasion” of […]

TikTok Represents ‘Strategic’ Challenge, Says Top US Cyber Official

The head of the U.S. National Security Agency’s cybersecurity directorate on Monday said TikTok represents a “strategic issue” rather than an immediate “tactical” threat to the United States. Speaking at a policy conference in Northern California, Rob Joyce, director of cybersecurity for the spy agency, reiterated the agency’s earlier position that the Chinese-owned social networking […]

Japan Lawmakers Eye Ban on TIKTOK, Others if Used Improperly

A group of Japan’s ruling Liberal Democratic Party (LDP) lawmakers plans to compile a proposal next month urging the government to ban social networking services such as TikTok if they are used for disinformation campaigns, an LDP lawmaker said on Monday. Many U.S. lawmakers are calling on the Biden administration to ban the popular Chinese-owned […]

China’s Industrial Profits Slump Deepens on Soft Demand, High Costs

The slump in Chinese industrial firms’ profits deepened in the first two months of 2023, weighed by lacklustre demand and stubbornly high costs as the world’s second-largest economy struggled to fully shake the long-term effects of COVID. The sharp 22.9% contraction followed a 4.0% fall in industrial profits for the whole of 2022, data from […]