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US tech giant joins mass exodus of Western firms from Russia

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 …

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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 …

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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 …

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