US chip-making giant Intel has suspended all business operations in Russia, citing Moscow’s military operation in Ukraine as the key reason for its decision. The California-based company said in a statement that it would support its 1,200 employees in Russia and “[implement] business continuity measures to minimize disruption to our …
Read More »China responds to US blacklisting its biotech firms
34 entities, including the Chinese Academy of Military Medical Sciences (AMMS), were added to the blacklist on Wednesday – prohibiting them from purchasing any US technology. Before Wednesday’s additions, the blacklist already contained over 260 Chinese companies, including popular smartphone manufacturer Huawei. The Chinese Embassy in Washington, DC blasted the …
Read More »US blacklists Chinese firms over ‘brain-control weaponry’
The Chinese institutes and firms were added to the department’s ‘Entity List’ on Wednesday, joining more than 260 other Chinese businesses – including smartphone giant Huawei – already on the list. Placement on the list forbids these firms from buying technology from the US without express permission from Washington. Among …
Read More »Pentagon to tell commercial firms how to tailor products for military use
The new approach was touted by Heidi Shyu, the undersecretary of defense for research and engineering, during a panel discussion on Saturday. In “a lot of these commercial companies, their product is commercial. But if we can work with them upfront early in the design stage, we can leverage their …
Read More »Russia & Japan locked in standoff over Moscow’s call for firms to move to Kuril Islands, in dispute holding up WWII peace treaty
On Monday, General Secretary of the Japanese Cabinet Katsunobo Kato lashed out against the plan, unveiled by Moscow, to attract investment and job creation on the Pacific Ocean archipelago. According to him, the efforts to bolster the local economy fly in the face of previous deals that govern the stalemate …
Read More »China eases regulations on Hainan to let foreign firms work under same rules as Chinese companies
“This is an important step towards enhancing the high-level openness of the Chinese [international trade] system, and is essential for the intensive development of the Hainan Free Trade Port,” the Chinese Ministry of Commerce stated with regard to the new regulation. The region’s authorities on Saturday published a list of …
Read More »Planning ahead? Firms land Covid passport contracts that could last until 2023, even as UK govt hints plan could be dropped
The Department of Health and Social Care (DHSC) published information earlier this week on two new contracts with private tech firms hired to work on the country’s “Covid-19 certification programme.” US-based Entrust will receive close to £840,000 ($1.2 million) for the development of the NHS health pass. The deal will …
Read More »Top EU court hands data watchdogs greater power to hold tech firms accountable
The ruling announced on Tuesday expands the rights of EU nations to hold tech companies accountable despite not being the nation where those businesses are headquartered. “Under certain conditions, a national supervisory authority may exercise its power to bring any alleged infringement of the GDPR before a court of a …
Read More »Biden adds 59 Chinese companies – including Huawei and military firms – to investment blacklist
Joe Biden and Donald Trump don’t see eye-to-eye on much and, immediately after taking office in January, Biden set about undoing nearly every single Trump policy by executive order. However, hostility toward China is a rare policy shared by both Democrats and Republicans in Washington. Biden proved this on Thursday, …
Read More »New Delhi asks social media firms to remove mentions of Covid-19 ‘Indian variant’ as harmful to India’s image – reports
New Delhi’s information technology ministry wrote to social media companies on Friday to urge them to remove any content that uses the phrase, insisting there is no scientific reason to link the viral mutation to India, according to a letter obtained by Reuters and local media. “It has come to …
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