China has urged the World Trade Organization to scrutinise US-led technology export restrictions aimed at curbing its ability to make advanced chips, state television said on Wednesday. Chinese representatives told a WTO meeting this week that Japan, the Netherlands and the United States should report their plans and subsequent measures to the body, which it […]
China
The US government’s ban on TikTok, a popular video-sharing app, has unintended consequences for both the US and China. The move was part of a larger effort to counter China’s growing influence in the global economy and technology sector. ______________________________ Three years ago, the United States government raised national security concerns over the popular video-sharing […]
The Biden administration on Tuesday released final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy projects, […]
The Biden administration on Tuesday will release final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy […]
China’s SenseTime on Tuesday announced plans for a technology discussion day, boosting shares in the artificial intelligence (AI) firm. It promised to showcase its latest products as well as “cutting-edge advancements in artificial intelligence technology” in an invitation sent to analysts and seen by Reuters. Shares in the company, which has been sanctioned by the […]
U.S. President Joe Biden’s administration said on Monday it could not confirm reports that China was able to collect real-time data from a spy balloon as it flew over sensitive military sites earlier this year, saying analysis was still ongoing. NBC News on Monday reported that the Chinese balloon was able to transmit data back […]
Credit Suisse is expected to face shareholder anger at what will be its final annual general meeting on Tuesday after the bank was rescued last month by rival UBS. The hastily arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and largely […]
Italy’s move to temporarily ban ChatGPT has inspired other European countries to study if harsher measures are needed to rein in the wildly popular chatbots and whether to coordinate such actions. While European parliamentarians disagree over the content and reach of the EU AI Act, some regulators are finding that existing tools, such as the […]
The US Department of Defense (DoD) has turned to tech startups to modernize its operations, leading to cutting-edge technologies such as AI, cybersecurity, and unmanned systems. However, concerns have been raised about the implications of such partnerships, particularly in terms of compromising national security and fueling a new arms race with global powers like China […]
The European Commission is working on rules to ensure fair access to valuable car data for companies and industry but does not know when they will be ready, a spokesperson said on Monday as industry groups fret about unfair competition from U.S. and Chinese tech companies. The huge potential of the connected car market, which […]