China said the U.S. is trying to deprive it of developmental rights and perpetuate its own hegemony, the Chinese foreign ministry said on Monday. Spokesperson Mao Ning made the remarks in response to a question on TikTok being potentially a target in an upcoming U.S. bill banning some foreign technology. Two U.S. senators plan to […]
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The Treasury Department is preparing a new program that could prohibit U.S. investment in certain sectors of adversarial nations, the Wall Street Journal reported on Friday citing copies of reports provided to lawmakers on Capitol Hill viewed by the newspaper. The Biden administration’s work on the new rules would in practice largely deal with U.S. […]
Comium, managed by Monty Mobile, believes providing exceptional customer experience is the key winning factor to being a leader in the market. This will be achieved through premium quality service, extended 4G+ coverage, and 24-hour client support. Comium’s vision is not to go on price wars, as it would jeopardize the quality of the offering […]
Canada’s commodity-heavy main stock index rose on Friday to its highest closing level in more than two weeks as encouraging economic data from major energy importer China allayed fears of a global economic slowdown. Activity in China’s services sector expanded at the fastest pace in six months in February as the removal of tough COVID-19 […]
Two U.S. senators plan to introduce legislation this week aimed at letting the government “ban or prohibit” foreign technology products such as Chinese-owned TikTok, Senator Mark Warner said on Sunday. Warner, the chairman of the Senate Intelligence Committee, said TikTok would be “one of the potentials” for review under the bill. The Democratic senator made […]
The Biden administration approved 192 licenses worth over $23 billion to ship U.S. goods and technology to Chinese companies on a U.S. trade blacklist in the first quarter of last year, according to a document released by a U.S. congressional committee on Friday. The 192 licenses granted were out of 242 license applications decided between […]
EU Commission President Ursula von der Leyen said on Sunday she is determined to counter challenges from U.S. subsidies for green technologies and to speed a currently blocked law on phasing out combustion engines from 2035. Visiting Chancellor Olaf Scholz and the German cabinet at the start of a two-day meeting near Berlin, von der […]
A proposed European Union cloud security label that could exclude Amazon, Alphabet’s Google, Microsoft and other non-EU cloud services providers from the bloc is discriminatory and could lead to retaliatory measures, a study commissioned by a tech lobbying group said. The European Centre for International Political Economy (ECIPE) report, which was commissioned by the Computer […]
1. Lithium Price Slide Deepens as China Battery Giant Bets on Cheaper Inputs By now, it is out in the open that the COVID-19 pandemic played a remarkable role in hastening the global reliance on lithium for EV batteries as the world pushes to reduce carbon emissions as it marches on a path towards an […]
The Biden administration on Thursday added 37 companies to a trade blacklist, including units of Chinese genetics company BGI and Chinese cloud computing firm Inspur, in a move that promises to further ratchet up tensions with Beijing. The Commerce Department, which oversees export controls, added BGI Research and BGI Tech Solutions (Hongkong), over allegations that […]