IEEE lifts curbs on Huawei subsidiaries and employees

While U.S. based IEEE has lifted its curbs, Beijing-based technology research group The China Computer Federation (CCF) has yet to reciprocate. On Monday, in contrast to the ham fisted stand taken by China, the Institute of Electrical and Electronics Engineers (IEEE) disclosed, it has lifted curbs on employees of Huawei Technologies and its subsidiaries; they…

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German chipmaker Infineon Technologies AG close to acquiring Cypress Semiconductor Corp

The potential deal values U.S. chipmaker Cypress Semiconductor Corp at around $10 billion. As per a report from Bloomberg, German chipmaker Infineon Technologies AG is closing in on a deal to acquire Cypress Semiconductor Corp; the potential deal values the U.S. chipmaker at nearly $10 billion. The report which cites sources familiar with the matter at…

Preferential Trade Status To India To Be With Drawn By US

Even as United States President Donald Trump is apparently deepening his protectionist and ‘America First’ policy, his administration has decided to bring to an the preferential treatment on trade that it historically provides India. This treatment would be stopped from next week, announced Trump. The scheme that was initiated years ago in the 1970s has…

Global Watchdog FSB Calls For Proactive Checks On Crypto Risks

According to the global financial stability watchdog, the current rules to regulate the cryptocurrency sector are inadequate and hence regulators need to spruce up their risk assessments of the sector. The body further said that that there can be gaps in the policies of regulators on digital currencies because of any fast technological advancements. In…