Apple stock dropped 4% in early Friday trading broadly following yesterday’s trend after China announced reciprocal tariffs in response to U.S. President Trump’s trade policies, MacRumors reported. The latest decline follows Thursday’s dramatic 9% plunge that erased nearly $300 billion… Read More
Category: china
U.S. Blacklists Over 50 Chinese Companies In Bid To Curb Beijing’s AI Chip Capabilities
The U.S. on Tuesday added dozens of Chinese tech companies to it’s export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities, CNBC reported. The… Read More
DJI Sues The U.S. Department of Defense For Labeling It a “Chinese Military Company”
DJI, the world’s largest drone company, is suing to avoid being seen as a tool of the Chinese government, The Verge reported. On Friday, it sued the US Department of Defense to delete its name from a list of “Chinese… Read More
US Proposes Banning Chinese Software And Components In Vehicles
The U.S. Commerce Department on Monday proposed banning Chinese software and hardware for vehicles with a built-in internet connection, a move that would in effect ban Chinese vehicles from the US market, Financial Times reported. The rule follows concerns from… Read More
US Revokes Licenses For Supply Of Chips To China’s Huawei
The Biden administration has revoked export licenses that allow Intel and Qualcomm to supply Huawei with semiconductors as Washington increases the pressure on the Chinese telecoms equipment company, Financial Times reported. The move by the US Department of Commerce affects… Read More
Chinese Industrial Espionage and IP Theft
Everyone with half a brain realizes that the efforts behind Chinese industrial espionage and IP theft have helped fuel their economoy. They are masters of stealing and duplicating tech that they did not build, design and or create. One only… Read More