The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. goods and technology to blacklisted Chinese companies in the first quarter of 2022, a Republican lawmaker said on Tuesday. The data comes amid growing pressure on the administration of Democratic President Joe Biden to further expand a broad crackdown […]
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Dow Inc and private company X-energy said on Wednesday they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America. The X-energy Xe-100 plant featuring four high-temperature, gas-cooled reactors is set to be built at one of Dow’s sites on the U.S. Gulf Coast. The companies […]
The U.S. Commerce Department and other government agencies approved about 69.9% of export license applications involving China in the 2022 budget year, according to written testimony made public ahead of a U.S. House hearing Tuesday. Under Secretary of Commerce for Industry and Security Alan F. Estevez will tell the House Foreign Affairs Committee that the […]
Robinhood Markets Inc said in a filing on Monday it had received an investigative subpoena in December from the U.S. Securities and Exchange Commission related to listings of cryptocurrencies. The collapse of Sam Bankman-Fried’s FTX was the biggest in a string of major crypto-related failures in 2022, which sparked a cryptocurrency rout and left creditors […]
Meta Platforms Inc is creating a new top-level product group focused on generative artificial intelligence (AI), Chief Executive Mark Zuckerberg said on Monday, as the AI race among Big Tech firms heats up. AI has emerged as a bright spot for investments in the tech industry, which has been struggling with slowing growth, and has […]
A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn’t impressing hedge funds and other investors who have cut exposure to the stocks and seem to be waiting for more good news. For the now, investors remain wary of a market overshadowed by simmering Sino-U.S. tensions over […]
EU industry chief Thierry Breton on Monday said he was not taking sides in a clash between Big Tech and European telecoms operators over who should fund the rollout of 5G and broadband as the world’s largest telecoms conference opened in Barcelona. Speaking at the Mobile World Congress (MWC), Breton defended a 12-week consultation launched […]
Book your free conference and expo ticket to AI & Big Data North America which is set to explore what’s new and worth attention in the #aiandbigdataexpo Ecosystem https://www.ai-expo.net/northamerica. Join us in-person at the Santa Clara Convention Center on the 17-18 May to hear from our industry leading speakers representing companies such as UPS, JP Morgan Chase, Walmart, LinkedIn, Salesforce […]
Book your conference and expo ticket to AI & Big Data Europe which is set to explore what’s new and worth attention in the #aiandbigdataexpo Ecosystem https://www.ai-expo.net/europe/. Join us in-person at RAI Amsterdam on the 26-27 September to hear from our industry leading speakers representing companies such as Amazon, ING, Phillips, The UN, Deloitte, AirBnb, Nestle and Danone just to mention […]
Ah, the charms of the legacy western propaganda machine. Generations of us are indoctrinated with the insidious, perfidious nature of China’s goal of world domination. Hmmm, it would be nice if we just embraced the truth of what China can offer the world rather than being forced into a mindset about which another economy suffers […]