According to two sources, the U.S. government is likely to fine tune and expand laws that govern sale of U.S. technology and technological products to foreign companies, midst efforts to further tighten the blacklisting of China Huawei. In May 2019, the U.S. Commerce Department had placed Huawei Technologies on an Entity List citing national security…
In a significant development, the United States has unveiled a procedure which is aimed at protecting its telecommunications networks as well as their supply chains, from national security threats. In May 2019, U.S. President Donald Trump had issued an executive order declaring a national emergency which bars U.S. companies from using telecommunications equipment made by…
In a statement, Tesla Inc’s Chief Executive Elon Musk said the carmaker has so far received around 150,000 orders for its Cybertruck. “146k Cybertruck orders so far, with 42% choosing dual, 41% tri & 17% single motor”, said Musk in a tweet. He went on to add, these orders came through without any advertising or…
On Thursday, Sanjay Mehrotra, the chief executive of American memory chipmaker Micron said, the company’s relationship with China’s Huawei ‘continues to be very good’. Mehrotra made these comments to broadcaster CNN on the sidelines of the Bloomberg New Economy Forum in Beijing.
In a statement, Chinese electric vehicle startup Byton said, it has received a distributor license from California which paves the way for the launch of its first electric SUV vehicle, Byton M-Byte, in the United States. Byton aims to launch its first electric SUV in China in 2020; it plans on launching its electric vehicles…
Four Democratic leaders who sit in the U.S. House of Representatives Energy and Commerce Committee have written to Alphabet Inc demanding that they be briefed on Google Inc’s and Ascension Health’s deal by December 6. They are particular interested on how patient data that is stored on the cloud by the hospital chain will be…
Irrespective of the outcome of the elections, the cost of labor for companies is set to rise in Britain. On Monday, as per an independent review on Britain’s minimum wages found that setting a floor on pay had a insignificant effect on job creation. As a result, Britain’s plans on raising the minimum wage to…
206 U.S. companies have applied for the special licence. In an interview with Bloomberg, U.S. Commerce Secretary Wilbur Ross has stated, licenses for U.S. companies to sell components to Huawei Technologies Co will come “very shortly,”. Licenses “will be forthcoming very shortly” and that the U.S. government had received 206 requests. “That’s a lot of…
Only those DJI drones that are used for critical operations and public safety have survived the ban. On Thursday, Chinese drone maker DJI stated, the U.S. Department of Interior has grounded all non-emergency Chinese-made or part-made drones as part of a review of its entire drone program. Shenzhen-based DJI has confirmed that that the department…
A report prepared by University of Cambridge Centre for Risk Studies, on behalf of the Cyber Risk Management (CyRiM) project, in partnership with Lloyd’s, a cyber insurer. On Wednesday, a report backed by Lloyd’s of London stated, a cyber attack on Asian ports could cost a whopping $110 billion equivalent to half of the total…
business-gurus.com 