U.S. chip bans not meant to hobble China’s growth, Blinken says

U.S. chip bans not meant to hobble China’s growth, Blinken says

By Stephen Nellis (Reuters) – U.S. export controls on sending advanced computing chips to China are not meant to hold back China’s economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday. Since 2022, U.S. officials have imposed sweeping controls on which computing chips can be …

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Meet the ‘Steve Jobs of AI’, Jensen Huang: the Nvidia CEO has a US$73 billion net worth, and went from washing dishes at Denny’s to making cheesesteaks with Meta’s Mark Zuckerberg

Meet the ‘Steve Jobs of AI’, Jensen Huang: the Nvidia CEO has a US billion net worth, and went from washing dishes at Denny’s to making cheesesteaks with Meta’s Mark Zuckerberg

At the helm of Nvidia is Jensen Huang, an immigrant by way of Taiwan and Thailand who used to wash dishes at American diner Denny’s, but now cooks cheesesteaks with Meta boss Mark Zuckerberg. Meet 61-year-old Huang, the man who’s made an incredible rise to become one of the richest people in the world. How …

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China’s hi-tech progress reshaping global politics as US and allies seek to build ‘balancing coalition’, study says

China’s hi-tech progress reshaping global politics as US and allies seek to build ‘balancing coalition’, study says

“China’s growing power and expansion in emerging [technologies] are key to driving momentum of the global shifts in technology and the geopolitical landscape,” Maria Papageorgiou, study author and a lecturer at the University of Exeter in Britain, said in a university statement on Monday. The development of emerging technologies, which have “unpredictable implications” on national …

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The Dada Era of Internet Memes

The Dada Era of Internet Memes

Last December, a factory in the Chinese province of Hebei called Donghua Jinlong posted a marketing video to TikTok showing aerial clips of its campus set to a jaunty tune. A caption proudly declared, in English, “Since 1979, Glycine comes from here.” Glycine is a niche industrial product, used as an additive in certain packaged …

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Internet Stocks Lead Hong Kong Higher

Internet Stocks Lead Hong Kong Higher

CLN KraneShares Key News Asian equities had a strong day, with Japan, Hong Kong, South Korea, and Taiwan posting +2% returns, with Australia the only market down overnight. Hong Kong had a strong night led higher by internet stocks on a strong volume of 133% of the 1-year average and strong breadth with 410 advancers …

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Internet spirit should be nurtured to make life better – Opinion

Internet spirit should be nurtured to make life better – Opinion

[Photo/VCG] China gained full access to the World Wide Web 30 years ago, on April 20, 1994. Thirty years later, China has the largest network infrastructure and the second-largest digital economy in the world. The digital economy has become a powerful engine for China”s economy. With the support of advanced internet technology, even small sellers …

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ToddyCat cybercriminals using high-end tools to commit ‘industrial scale’ theft

ToddyCat cybercriminals using high-end tools to commit ‘industrial scale’ theft

Kaspersky, a Russian cybersecurity firm, says the gang uses multiple separate tools to extract data on an “industrial scale” from government organisations, including defence focused companies, located in the Asia-Pacific region. ToddyCat is thought to be a Chinese threat group. “During the observation period, we noted that this group stole data on an industrial scale. …

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