As U.S. pressure intensifies on Chinese tech firms, the Commerce Department blacklisted Wednesday a new list of Chinese firms under the pretense of direct affiliation with the Communist Party Apparatus. Officials have taken these measures as a plan to halt rising American technologies from being implemented for quantum computing purposes, given it would aid the […]
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Following the Federal Aviation Administration’s (FAA) examination into whether the C-band spectrum for 5G rollout jeopardizes aircrafts’ safety, AT&T Verizon extended Wednesday their offer to reform power from their fifth-generation cell towers for the upcoming six months. Both U.S.-based telcos structured a plan to launch vital improvements to their 5G networks operating C-band spectrum obtained […]
Years after coming under scrutiny for contributing to ethnic and religious violence in Myanmar, Facebook still has problems detecting and moderating hate speech and misinformation on its platform in the Southeast Asian nation, internal documents viewed by The Associated Press show. Three years ago, the company commissioned a report that found Facebook was used to […]
As the biggest cryptocurrencies flirt with record high values, they’re increasingly becoming bigger sources of revenue for charities. However, the number of charities accepting the virtual currencies, known for their volatility, remains limited. Bitcoin, the world’s largest cryptocurrency, hit nearly $69,000 for the first time in its history last week, roaring back after sinking below […]
Take a step back from the picked-over store shelves, the stalled container ships and the empty auto showrooms, and you’ll find a root cause of the shortages of just about everything. Even as the pandemic has dragged on, U.S. households flush with cash from stimulus checks, booming stock markets and enlarged home equity have felt […]
European lawmakers have pioneered efforts to rein in big technology companies and are working to strengthen those rules, putting them ahead of the United States and other parts of world that have been slower to regulate Facebook and other social media giants facing increasing blowback over misinformation and other harmful content that can proliferate on […]
Cryptocurrencies are on the rise, as two of the world’s biggest cryptocurrencies, Bitcoin and Ethereum, soared on Monday to new records as Ether hits its all-time high, exceeding $4,700. The world’s leading digital asset, Bitcoin, rose to its latest upshot by jumping 7 percent, reaching a valuation of $66,170, almost binding to its October 20’s […]
The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year. In a 22-page report issued Monday, the Treasury Department and several other regulators said the legislation should require that stablecoin issuers become banks, which would […]
India and the U.K. will launch a project that aims to create a solar grid connecting countries in different parts of the world at the upcoming U.N. climate talks in Glasgow, Scotland. The project, known as the “Green Grids Initiative,” is being initiated by the International Solar Alliance, which was launched by India and France […]
U.S. regulators are expelling a unit of China Telecom Ltd., one of the country’s three major state-owned carriers, from the American market as a national security threat amid rising tension with Beijing. China Telecom (Americas) Corp. is required to stop providing domestic interstate and international service in the United States within 60 days, under an […]