China Hacked US’ Treasury Department, As Per the Dept.
In a startling revelation, the Biden administration announced on Monday that the Treasury Department of the United States of America had been the target of a state-sponsored attack by a Chinese hacker. The hacker gained access to employees’ workstations and unclassified documents within the department. This comes after several revelations in recent months that China…
Vipin
US-China Tensions to Impact Nvidia’s Global Chip Sales
Nvidia, the biggest chipmaker in the world, once held the crown of the most valuable company in the world, is in a bit of a shackle right now. Nvidia has worked for years to make an ecosystem where the whole world can buy AI or normal chips from them. However, that ecosystem is now in…
TikTok Knocks at Supreme Court’s Door to Safe Face After Ban
The Social media platform TikTok asked the Supreme Court of the USA on Monday to save it from the nationwide effect in a matter of weeks by temporarily blocking it. TikTok is making a case that this ban violates the First Amendment rights of both the company and its 170 million American users. They also…
The Trump Era 2.0 Begins: World Leaders Rattled
The president-elect of the United States of America, Donald Trump, has shown his global influence. With just a simple post on X, the president-elect has left the world in a dilemma. Yesterday, Trump announced that he would impose a 25% tariff on all goods from Canada and Mexico and an additional 10% on goods from…
Curbs on Chinese Investment Finalized by Biden Admin
The Biden administration has finalized restrictions on US individuals’ investment in Chinese businesses. US individuals are now prohibited from investing in companies with advanced technology in China, including semiconductors, quantum computing, and artificial intelligence. The new rule, which came after a long deliberation of more than a year, banned investments in some Chinese companies while…
John David
The United States Blocks Chinese Russian Tech in Cars
Tensions are boiling up between China and the USA over multiple disputes. However, the USA has dealt the latest blow in the form of a technology ban. The US plans to ban Chinese and Russian tech from being used in making cars in America due to concerns over national security. Officials are worried that the…
No More Hood Latch Issue, Tesla Issues Software Fix
Tesla has issued a software update for almost all of its cars in the US over the risk that the car’s software could fail to detect an unlatched hood. This hood can fly open on freeways and obstruct the driver’s vision, causing accidents and fatalities. The National Highway Traffic Safety Administration, or NHTSA, shared this…
Temasek’s Big Investment Plans for the United States
Singapore state-owned firm Temasek Holding Pte. Ltd. is planning to invest $30 billion in the United States of America over the next five years. This decision comes as the firm is very cautious about putting money in China. The Head of Temasek North America, Jane Atherton, said in an interview on Monday, “The Americas is…