China Restricts Exports of Metals Critical to Manufacture Electronics and Semiconductors

China is curbing exports of two critical metals that are essential to manufacture electronics and semiconductors, as China’s technology battle with the Europe and USA heats up. These critical metals are germanium and gallium. China and the USA have been locked in a tech trade war since 2019. The USA has used trade blacklists and sweeping export curbs to…

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EU and Japan Look to Cooperate on AI and Semiconductor Chips

The European Union and Japan are looking to cooperate more closely on key technologies like artificial intelligence as both countries are looking to reduce their dependence on China in certain areas. EU Commissioner Thierry Breton said, “Artificial Intelligence will very much be part of the discussion in a meeting with the Japanese government. I will…

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Intel stock declines by 6% as it updates chip manufacturing plans

Intel stock declined by 6% after it gave investors an update about its turnaround plan to become a chip manufacturing firm competing with the Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained how Intel would soon change the way it reports its financial results to give its foundry business, IFS, its own profit-and-loss…

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Google Mentions Microsoft’s Licensing Restrictions as a Complex Web

Google, which has always tried to defend itself against monopolistic behavior across the USA and Europe, is now complaining of anti-competitive practices by Microsoft and Oracle. In a letter to the Federal Trade Commission on Wednesday, Google accused Microsoft uses unfair licensing terms to lock in clients to hold control over the cloud-computing market. Google…

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AWS is allocating $100 million in Generative AI to compete with Microsoft and Google

Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space and the significance of being in the talks, alongside competitors Microsoft and Google. AWS CEO Adam Selipsky…

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USA and India Set to Declare Multiple Deals Spanning AI, Defense, and Chips

The USA and India will announce multiple defense and technology collaborations during Indian Prime Minister Narendra Modi’s state visit to the USA as reported by the USA officials. Modi is on his maiden state visit to the USA. From deepening defense or military ties to increased collaboration on technology and diversification of supply chains, senior…

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Singapore’s IMDA Says, We are currently not looking to Regulate AI

As governments contemplate whether artificial intelligence technology poses risks or threats and whether it needs regulation, Singapore is taking a wait-and-see approach. Lee Wan Sie, director of trusted AI and data at Singapore’s Infocomm Media Development Authority, said, “We are currently not looking at regulating AI.” IMDA promotes as well as regulates Singapore’s communication and media sectors….

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Twitter CEO Emphasizes Freedom of Speech in her first Tweet Thread Since Becoming CEO

In her first tweet thread since becoming CEO of Twitter, Linda Yaccarino emphasized the company’s focus on freedom of speech, a topic which is most favored by owner Elon Musk. Yaccarino wrote on Twitter and in a memo to employees, “Twitter is on a mission to become the world’s most accurate real-time information source and a global town…

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Meta Plans to Unveil New Broadcasting Channels for WhatsApp Messaging Service

Meta plans to launch a new broadcasting feature in the form of broadcasting channels for its WhatsApp messaging service. Meta Said, “The new Channels feature is akin to a private broadcast service in which people and organizations can send messages and updates to followers that are separate from the kinds of interpersonal communications that occur between…

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