The European Union is a global frontrunner in cutting carbon emissions but is also moving to ensure the green transition doesn’t make it an industrial desert, with a raft of measures due to be announced next week. Europe’s industrial competitiveness in relation to the United States and China, the world’s two biggest economies, has become […]
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A top U.S. law enforcement official on Thursday unveiled a new “disruptive technology strike force” tasked with safe-guarding American technology from foreign adversaries and other national security threats. Deputy Attorney General Lisa Monaco, the No. 2 official at the U.S. Justice Department, announced the new strike force at a speech in London at Chatham House. […]
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 […]
Popular short-video app TikTok is offering to operate more of its business at arm’s length and subject it to outside scrutiny as it tries to convince the U.S. government to allow it to remain under the ownership of Chinese technology company ByteDance, according to people familiar with the matter. TikTok has been seeking to assure […]
The Biden administration on Thursday accused Meta Platforms Inc of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc. The FTC sued in July to stop the deal, saying Meta’s acquisition of Within would […]
In the age of social media, it is difficult to differentiate when an individual excessively shares on their social platforms. Yet sharing our personal information is not always within our control. The Forbes TikTok conflict started on October 20, 2022, when the leading business magazine published an article accusing TikTok’s parent company, ByteDance, of taking […]
U.S. investment in foreign chip companies is a potential concern for the Biden administration, a White House official said on Wednesday, but he stressed it has not yet made a final decision on a potential mechanism regulating U.S. investments in China. National Security Council official Peter Harrell heralded the administration’s efforts to kick-start U.S. chipmaking […]
On a busy downtown street, three delivery bikes suddenly dart over the pedestrian crossing ahead of the car. On the car’s dashboard, they look like small 3D blue blocks from a 1990s video game. The steering wheel turns itself a notch and the vehicle slows to a gentle halt, while the safety driver looks on […]
The Biden administration is investigating Chinese telecoms equipment maker Huawei over concerns that U.S. cell towers fitted with its gear could capture sensitive information from military bases and missile silos that the company could then transmit to China, two people familiar with the matter said. Authorities are concerned Huawei could obtain sensitive data on military […]
A top official at the U.S. Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto stablecoins could be drawing closer. Cryptocurrency markets have an overall value of about $1 trillion this week amid the collapse of the stablecoin TerraUSD and a destabilising plunge in Tether, currently the world’s largest stablecoin by […]