Key Points President Joe Biden has officially blocked Nippon Steel’s $14.9 billion bid to acquire U.S. Steel, citing national security concerns and the importance of
Key Points China’s Ministry of Commerce has proposed new export restrictions on technologies critical to producing battery components and processing essential minerals, such as lithium
Key Points Russian President Vladimir Putin has directed the government and Sberbank, Russia’s largest bank, to strengthen collaboration with China in artificial intelligence (AI). This
Key Points AT&T and Verizon have successfully neutralized activity from “Salt Typhoon,” a Chinese hacking group responsible for infiltrating at least nine US telecom companies
Key Points President-elect Donald Trump has appealed to the U.S. Supreme Court to postpone the implementation of a law that would force the sale or
Key Points OpenAI announced on Friday that it will establish a public benefit corporation (PBC) to overhaul its corporate structure in the coming year. This
Key Points China’s WuXi AppTec announced that its subsidiaries have agreed with U.S.-based private equity firm Altaris LLC to sell its cell and gene therapy
Key Points The Biden administration has initiated a last-minute trade investigation into Chinese-made legacy semiconductors. This move could lead to additional U.S. tariffs on these
Key Points Albania has decided to implement a one-year nationwide ban on TikTok starting early next year, citing concerns over social media’s influence on children.
Key Points Italy’s data protection authority has imposed a €15 million ($15.58 million) fine on OpenAI, the creator of ChatGPT, following the conclusion of an
Key Points The U.S. Department of Commerce has reportedly urged Nvidia to investigate how its advanced AI chips reached China over the past year despite
Key Points U.S. authorities are investigating TP-Link’s routers over their alleged connection to China-backed cyberattacks. According to the Wall Street Journal, the Commerce, Justice, and
Key Points Facebook owner Meta was fined €251 million ($264 million) on Tuesday following two inquiries into a personal data breach. The European Union investigated
Key Points The United Kingdom officially enforced its comprehensive Online Safety Act on Monday, introducing rigorous measures to tackle harmful online content and imposing substantial
Key Points Meta Platforms has urged California Attorney General Rob Bonta to intervene in OpenAI’s planned shift from nonprofit to for-profit entities. Meta claims this
Key Points China’s Ministry of Industry and Information Technology announced plans to establish an artificial intelligence standardization technical committee. The committee will focus on creating
Key Points The United Nations’ technology agency has established a specialized body to enhance the protection and resilience of submarine cables, a crucial infrastructure that
Key Points Russian President Vladimir Putin announced the formation of an international alliance to advance artificial intelligence (AI) in collaboration with BRICS nations and other
Key Points The United States has sanctioned Chengdu-based Sichuan Silence Information Technology Company and one of its employees, Guan Tianfeng, for their alleged role in
Key Points On Monday, China announced that it initiated an anti-monopoly investigation into Nvidia Corp, alleging potential violations of the country’s anti-monopoly law. The State
Key Points The U.S. House of Representatives will vote next week on an annual defense bill allocating over $3 billion to help U.S. telecom companies
Key Points OpenAI is reportedly in talks to eliminate a clause from its corporate structure restricting Microsoft’s access to its most advanced models upon the
Key Points Turkey’s competition board announced its decision to terminate an investigation into Meta Platforms concerning data-sharing practices between its social media platforms, Threads and
Key Points European Union antitrust regulators are investigating whether Nvidia has offered discounts to customers who purchase its GPU software products alongside its hardware. This
Key Points Four major Chinese industry associations issued a rare coordinated warning on Tuesday, advising local companies to exercise caution when purchasing U.S. semiconductor products.
Key Points The Australian government has proposed legislation to curb global technology giants’ anti-competitive practices. The legislation threatens fines of up to A$50 million ($33
Key Points Five prominent Canadian news media organizations have launched legal action against OpenAI, the company behind ChatGPT, accusing it of violating copyright laws and
Key Points French digital payments company Worldline faced significant service disruptions starting Thursday morning after gas roadworks in Italy damaged its network connection to its
Key Points Australia has passed a groundbreaking law banning social media use for children under 16, setting a global precedent for regulating Big Tech. The
Key Points Taiwan’s Foxconn, the world’s largest contract electronics manufacturer and a key supplier for Apple, has expressed confidence in its ability to weather potential
Key Points The Financial Conduct Authority (FCA), the United Kingdom’s financial services watchdog, unveiled a comprehensive plan on Tuesday to establish a robust regulatory framework
Key Points South Korean prosecutors have requested a five-year prison sentence for Samsung Electronics Chairman Jay Y. Lee over his involvement in a controversial 2015
Key Points The Australian government has abandoned plans to impose hefty fines on tech platforms for failing to curb the spread of misinformation online. On
Key Points The UK’s Competition and Markets Authority (CMA) has raised concerns that Apple and Google’s dominance in the mobile ecosystem is stifling innovation, particularly
Key Points Payments giant PayPal (NASDAQ: PYPL) reported a system issue on Thursday that is impacting several of its products, sparking disruptions in user transactions.
Key Points Google, a subsidiary of Alphabet Inc., is facing calls from rival search engine DuckDuckGo for expanded EU investigations regarding its adherence to the
