Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A post by Binance said that the company …
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Biden administration imposes limits on semiconductor exports to China
The move is aimed at curbing China’s military ambitions, but could reshape the interplay between American and foreign chipmakers …
US issues sweeping restrictions on chip sales to China
The Biden administration announced sweeping new restrictions on the sale of semiconductor chips and manufacturing equipment to China on Friday in a major effort to impair Beijing’s military and …
Volkswagen Reportedly Planning $1B Software Joint Venture In China
Volkswagen is clearly aware of where Tesla’s strengths lie, and it needs to up its software game in a big way.
Health care and lifestyle brands debut new innovative products at this year CIIE
The expo’s consumer products section will also feature many new and innovative hair products. L’Oréal will present Colorsonic, a handheld device with a customizable design for precise coloring, which …
Biden cuts off China’s Yangtze, 30 others from US chipmaking gear
So is this why YMTC’s CEO stepped down? Yangtze Memory Technologies Company (YMTC) is one of more than two dozen Chinese companies and institutions targeted in the Biden Administration’s latest round …
Biden Administration Clamps Down on China’s Access to Chip Technology
Many American companies have long argued that their sales to China are an important source of revenue that allows them to reinvest in research and development and retain a competitive edge. But doing …
Chip industry grapples with new U.S. curbs on China sales
(Reuters) -Companies around the world on Friday began to wrestle with the impact of wide-ranging U.S. curbs on selling chips and chip manufacturing equipment to China. South Korean memory chip maker …
What is ‘FDPR’ and why is the US using it to cripple China’s tech sector?
The FDPR, or foreign direct product rule, allows the U.S. to decide who can buy products made with American technology even if those products are made abroad.
U.S. restricts semiconductor exports in bid to slow China’s military advance
The U.S. imposed new export restrictions on advanced semiconductors and chip-manufacturing equipment Friday in an effort to prevent American technology …
China’s Leader Is on a Grandiose Mission to Revitalize Socialism
The Western business community has overlooked this aspect of Xi’s vision in its puzzlement over his policies, including his crackdown on Big Tech entities and the brake he has put on China’s real …
Betting on flexibility, China’s Nio will only rent cars in new EU markets
“The advantage of our business separating the car from the battery is that we may reach economies of scale for the batteries faster than the cars,” Li said. “When we reach 10 gigawatt hours, we…
Explainer-What is ‘FDPR’ and why is the US using it to cripple China’s tech sector?
Now, the United States is going after China’s advanced computing and supercomputer industry … That move was a blow to Huawei’s smart phone business, and U.S. regulators used it on Russia and Belarus …
