Investors, analysts question Biden’s plan to limit U.S. investments in Chinese tech

Sources say the Biden administration is eyeing new restrictions on U.S. investment in Chinese chip manufacturing, AI and quantum computing.

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EU Duty Changes, A Whole VAT Of Trouble For Hackers?

It could be said that there are a number of factors behind  the explosion of creativity in our community of hardware hackers over the last couple of decades, but one in particular that is beyond doubt is the ease with which it has been possible to import small orders from …read more

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Trump administration looks to throttle Chinese surveillance companies’ business with U.S.

The U.S. Commerce Department made moves Monday to limit the activities of eight Chinese companies in the U.S., citing human rights abuses and surveillance against Uighurs and other Chinese Muslim minorities. The department said it is adding the companies to its Entity List, which identifies people, businesses or other organizations for “engaging in activities contrary to U.S. national security and/or foreign policy interests.” Although the department names human rights abuses as the primary concern in its latest action, some of the eight companies have also come under federal scrutiny in recent months for security issues. Just two months ago the Trump administration issued a rule to bar federal purchases of telecommunications equipment from two of the companies added to the list this week, Hangzhou Hikvision Digital Technology Co. Ltd., a former Chinese government research arm, and Dahua Technology. Those earlier moves were done in accordance with the 2019 National Defense Authorization Act. Another company added to the Entity List this week, Xiamen […]

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Microsoft, HP, Dell, Amazon Looking to Move Hardware Production Out of China

Despite the recent truce between China and the United States, major tech companies are looking to move production out of China in an aim to reduce long-term risks.
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Rare Earth Metals Caught in Trade War

It seems these days that the news is never good. Speaking from experience, that’s really nothing new; there’s always been something to worry about, and world leaders have always been adept at playing the games that inevitably lead to disturbing news. Wars always result in the very worst news, of …read more

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SEC brings charges in EDGAR trade hacking case

The US Securities and Exchange Commission (SEC) has charged nine defendants in connection with a scheme to hack into SEC systems and profit from corporate information not yet released to the public. The defendants, a Ukrainian hacker, six traders in Ca… Continue reading SEC brings charges in EDGAR trade hacking case

GoPro Factory Goes Nomad to Dodge Tarrif Threat

Despite the fact that the United States and China are currently in the middle of a 90-day “cease fire” in their ongoing trade war, with new tariffs on hold until March 2019 while the two countries try to reach agreement, not everyone is waiting around to see who comes out on top. In a recent press release, action camera manufacturer GoPro has announced their intention to move some production out of China in the face of potential tariff expansions; which many analysts fear will be the result of the current stalemate. That’s right, only some of their production is moving. …read more

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U.S. poised to deny China Mobile access to American market due to spying fears

On Monday, the Trump administration moved to block a large Chinese telecommunications company from entering the U.S. market, recommending that its application be rejected on national security grounds. China Mobile, the world’s largest mobile operator, had sought to move into the U.S. cell phone and communication services space. In 2011, the company filed an application to U.S. regulators at the Federal Communications Commission for a license to do business in the United States. In a statement released Monday, the National Telecommunications and Information Administration (NTIA) announced that the Federal Communications Commission (FCC) should deny China Mobile’s application. “After significant engagement with China Mobile, concerns about increased risks to US law enforcement and national security interests were unable to be resolved,” David Redl, the assistant secretary for communications and information at the Commerce Department, said in NTIA’s statement. The NTIA is an arm of the Commerce Department that advises the White House […]

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In private briefings, U.S. government raises concerns over Huawei and ZTE

The U.S. government has been quietly warning technology companies about the security risks posed by doing business with Huawei and ZTE, two Chinese telecommunications firms that are closely linked with China’s government. Sen. Marco Rubio, R-Fla., told CyberScoop Thursday at a national security conference that the government is holding classified briefings to warn private companies of the intelligence concerns. He said the companies that have been briefed are aware of the concerns, but are also “prioritizing market access.” “I think it’s important for us to do what we can to warn people about the threat,” Rubio said. “I think some of those companies are aware of [the intelligence concerns], but they make the decision that they’ll worry about that later. They want access to 1.3 billion people.” The news comes as the Trump administration is trying to persuade lawmakers to drop their opposition to a trade deal that would revive ZTE’s access […]

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