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US sanctions Chinese computer makers in widening tech fight

The Biden administration has added seven Chinese supercomputer research labs and manufacturers to a U.S. export blacklist in a spreading conflict with Beijing over technology and security. The measure announced Thursday is the latest sign President Joe Biden is sticking to the tough line taken by his predecessor, Donald Trump, toward Chinese tech industries seen […]

Twitter held discussions for $4 Billion takeover of Clubhouse

Twitter might be interested in buying Clubhouse, according to Bloomberg, adding that “The social media platform held talks in recent months to buy Clubhouse, the buzzy, audio-based, social network, for $4 billion.” The talks between the two social media platforms have reportedly stopped, and it is unclear why. It is also unclear whether Twitter or […]

Corporations gave over $50M to voting restriction backers

When executives from Coca-Cola and Delta Air Lines spoke out against Georgia’s new voting law as unduly restrictive last week, it seemed to signal a new activism springing from corporate America. But if leaders of the nation’s most prominent companies are going to reject lawmakers who support restrictive voting measures, they will have to abruptly […]

Microsoft wins $22 billion deal making headsets for US Army

Microsoft won a nearly $22 billion contract to supply U.S. Army combat troops with its augmented reality headsets. Microsoft and the Army separately announced the deal Wednesday. The technology is based on Microsoft’s HoloLens headsets, which were originally intended for the video game and entertainment industries. Pentagon officials have described the futuristic technology — which […]

China's Huawei says 2020 sales rose despite US sanctions

Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight with Beijing over technology and security. China’s first global tech brand reported sales of phones, network gear and other technology rose 3.8% over 2019 […]

China cuts taxes to spur semiconductor development

China announced tax breaks Monday to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips for tech giant Huawei and some other companies. Leaders declared accelerating efforts to transform China into a self-reliant “technology power” to be this year’s top economic […]

Lawmakers press Big Tech CEOs on speech responsibility

The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]

Intel announces Arizona expansion as chipmaker seeks footing

Intel announced Tuesday it will build two new factories in Arizona and outsource more of its production as a new CEO looks to turnaround the struggling chipmaker. The California-based company says the Arizona expansion will cost about $20 billion and create 3,000 permanent jobs as Intel builds a foundry business to provide chips for other […]

The gate of China Europe ‍international business school

China looked to Europe as an amicable partner as the continent’s leaders resisted being drawn into President Donald Trump’s conflicts with Beijing over trade, technology and human rights. On Monday, that image shattered when the European Union joined Washington, Britain and Canada in imposing sanctions on Chinese officials over accusations they abused ethnic minorities. Beijing […]

Parler network founder claims GOP donor, others defamed him

The developer of the conservative social network Parler is alleging he was defamed and improperly ousted by a prominent Republican Party benefactor, two men who replaced him at the company and a political commentator known for his support for former President Donald Trump. John Matze said in a lawsuit he was fired for trying to […]