Newly proposed rule in U.S. Foreign Direct Product Rule will cut off supply of sophisticated chips to Huawei

Senior administrators in the Trump administration have agreed to further tighten restrictions of semiconductors on Huawei Technologies. Under the newly proposed rules, foreign companies that use U.S. chipmaking equipment will now have to obtain a U.S. license before supplying certain chips to Huawei. According to one of the sources, rule will slash the supply of…

Cyber security specialists team up to fight COVID-19 cyber threats

Cyber security specialists have formed an international group to fight hacking related activities revolving around China’s coronavirus. The international group consisting of nearly 400 volunteers with expertise in cybersecurity is called the COVID-19 CTI League. The group which monitors cyber threat intelligence spans across 40 countries and includes professionals in senior positions at major tech…

Coronavirus Pandemic Could Be Leveraged By Investors To Cap Executive Pay

The coronavirus pandemic has given a chance for investors to leverage it to put new limits on CEO pay packages and link such payments to a host of social and environmental aims and objectives when companies hold annual general meetings, some being held during the pandemic while others after the passage of the pandemic. It…

Carmakers To Help In Manufacturing Of Medical Equipment To Fight Coronavirus

Car manufacturing companies around the world are answering calls by governments to provide help in the manufacturing of ventilators and face masks to help face the coronavirus pandemic. Work on converting one of its factories in China to enable it to make about one million masks a month had been started on Monday by Fiat.…