This week, TikTok gave journalists a tour of what it refers to as its Transparency and Accountability Center. As part of its effort to show authorities in the United States that it is ready to dialogue. Screens outlined how TikTok selects and suggests the short films on its app in an office park in this […]
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The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence. Washington wants to deploy more Western mobile phone networks in the subcontinent to counter China’s Huawei Technologies, to welcome more Indian computer chip specialists to […]
Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum stocks that were battered last year. All three major stock indexes extended Friday’s gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares. “(Chips are) a group that’s […]
U.S. Treasury Secretary Janet Yellen on Tuesday called for urgent action to improve long-term food security in Africa and around the world, while adapting agricultural practices and technology to the changing climate. Yellen spoke after hearing from a woman beekeeper and other farmers whose work was supported by a U.S.-backed project in a rural Zambian […]
Mark Twain, the greatest humorist the US has produced, once said that “History never repeats itself, but it does often rhyme.” What’s past is past, but it does come back in a similar but not the same form (i.e., a rhyme). Accordingly, the Digital Silk Route (DSR) is not identical to the traditional silk route, […]
Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday. The cryptocurrency market floundered in 2022, as risk appetite diminished and various crypto firms collapsed. Investors were left with large losses and regulators stepped up calls […]
For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low, globalization effectively expanded the supply of labor, and, at the margin, markets for goods and services were becoming more open and stable. Those trends have now been challenged if not upended altogether […]
Oil rose more than 1 percent on Thursday supported by optimism over China’s demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top oil importer China is reopening its economy after the end of strict COVID-19 curbs, boosting optimism that demand for fuel […]
TikTok Chief Executive Shou Zi Chew on a visit to Brussels on Tuesday sought to reassure the European Union the app would respect the bloc’s increasingly stringent tech rules and commitments to privacy and child safety. The short-video app, which is owned by Chinese technology conglomerate ByteDance, has for the last three years worked to […]
China began enforcing its most recent cybersecurity regulations,”MLPS 2.0,” which mandate that businesses install government-approved network equipment and make their networks transparent to Chinese government authorities. The Chinese Ministry of Public Security will now receive cybersecurity strategy reports from all companies operating in China. They will be permitted to monitor their secure networks. According to […]