DoJ indicts Chinese nationals for stealing terabytes of weapon designs, COVID19 research, source code, drug information, and personal data

In a significant development that underscores systemic issues that the Trump Administration is addressing with regard to it relations with China, the U.S. Justice Department has indicted two Chinese nationals over their role in the decade-long cyber espionage campaign that Beijing has been running while targeting commercial and defense companies. In the current charge, U.S.…

BNP Paribas Lends Out The Most To European Firms During Covid—19 Crisis

BNP Paribas is the bank that companies turned to get emergency loans more than any other in Europe whet he novel coronavirus pandemic struck the continent. Compared to BNP, its closest rivals including Santander, Deutsche Bank and Credit Suisse had managed to expand their balance sheet and credit payout by only about 5 per cent.…

Austrian chipmaker AT&S to invest $137M over four years in Austria

On Monday, Austrian chipmaker AT&S stated, it plans on investing up to $137 million (120 million euros) across four years to boost its technology and manufacturing prowess in its home location. AT&S capex plans includes sinking on at least 100 million euros on new machineries and processing equipment; it has also allocated 20 million euros…

Britain eyes Fujitsu Ltd and NEC Corp as potential alternatives to Huawei

In a significant development, Britain has asked Japan to help build its 5G wireless networks using components from China’s Huawei Technologies, said a report Japanese news daily, the Nikkei. According to the report, Britain has named Fujitsu Ltd and NEC Corp as potential alternatives to Huawei. Officials of both countries have had a meeting last…