The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its crackdown on China’s chip industry. YMTC, long in the crosshairs of the U.S. government, was added to the list over fears it could divert American technology to previously […]
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The creation of customized SIMS for IoT connectivity was prompted by the demand for new commercial applications and operational models brought on by the expansion of the Internet of Things. IoT SIM cards resemble conventional SIM cards. However, they don’t need a person to use them or activate the device. They frequently work in industrial […]
The U.S. accounting watchdog on Thursday said it has full access to inspect and investigate firms in China for the first time ever, removing the risk that around 200 Chinese companies could be kicked off U.S. stock exchanges. The statement from the Public Company Accounting Oversight Board (PCAOB) marks a victory for U.S. regulators and […]
Equity listings on the Nasdaq fell about 80 percent this year, as the appetite for new issues took a hit from extreme volatility in the stock market, sparked by the Federal Reserve’s war on inflation. A total of 156 companies listed their shares on the bourse this year, raising nearly $15 billion in initial public […]
U.S. stock indexes closed sharply lower on Thursday, with each of the major averages suffering their biggest daily percentage drop in weeks, as fears intensified that the Federal Reserve’s battle against inflation using aggressive interest rate hikes could lead to a recession. The U.S. central bank hiked rates by 50 basis points (bps) on Wednesday […]
An Australian regulator, after using new powers to make the tech giants share information about their methods, accused Apple Inc and Microsoft Corp not doing enough to stop child exploitation content on their platforms. The e-Safety Commissioner, an office set up to protect internet users, said that after sending legal demands for information to some […]
A NASA-led international satellite mission was set for blastoff from Southern California early on Thursday on a major Earth science project to conduct a comprehensive survey of the world’s oceans, lakes and rivers for the first time. Dubbed SWOT, short for Surface Water and Ocean Topography, the advanced radar satellite is designed to give scientists […]
The spread of coronavirus which has pushed lockdowns measures to many parts of the world, has changed the way we live and work. As a result of staying home for the purpose of staying safe, people have immersed themselves in remote work life – a subsequent springboard for the growth of certain technologies, enabling a […]
California-based artificial intelligence exploration firm KoBold Metals is investing $150 million to develop a copper mine in Zambia, the company announced at the U.S.-Africa Leaders Summit in Washington, D.C., a win for Zambia’s president who has set an ambitious copper production target. The Mingomba project will be a joint venture with Australian private equity firm […]
The UK government is on a mission to level up the nation, improve living standards and fight regional inequality. Internet access plays a vital role. But to tackle such deep-rooted issues requires a different, stronger approach to what’s been used before. Here, Guy Miller, CEO of full fibre network operator MS3 Networks explains why alternative […]