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SAN FRANCISCO (Reuters) - On the same day that Ford Motor Co said it would be able to produce only half as many cars as planned due to a global chip shortage, Apple Inc announced blowout quarterly earnings as smartphone and computer sales soared, with the chip shortage having only a small impact on its business.
BERLIN (Reuters) - Germany has boomed on the back of globalisation, but now the worldwide web of supply chains that turbo-charged its economy could prove a critical weakness.
WASHINGTON (Reuters) - Encrypted chat app Signal suggested in a blog post published on Wednesday that products sold to law enforcement from Israeli surveillance provider Cellebrite can easily be sabotaged.
US President Joe Biden’s plan to put two progressive antitrust scholars in top positions signals an aggressive approach to combating corporate consolidation and monopoly power, especially that wielded by technology giants such as Alphabet Inc’s Google and Facebook Inc.
The power cuts have highlighted the energy cost of cryptocurrencies at a time when global interest in virtual cash is booming and bitcoin, the original and most popular virtual currency, is gaining acceptance among mainstream investors.
It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi’s party. The pop star linked a news article in a tweet drawing attention to the massive farmer protests that have gripped India for more than two months.
Indian Government muzzles Twitter as Rihanna, Greta Thunberg add celebrity support for farmer protests
Social media platform Twitter is the eye of a political storm in India after the federal government came down hard on it for unblocking accounts supporting the long-running protests by farmers.
From Washington to Beijing, governments are trying to strike the right balance between enabling technology innovation and preventing giants like Google and Facebook Inc from suffocating rivals. Now India is experimenting with a framework for financial technology that’s certain to provide lessons worldwide – succeed or fail.
SenseTime and Megvii, the most valuable Chinese AI unicorns worth US$7.5bil and US$4bil respectively, were added to the US Entity List in October last year. In 2019, surveillance was the biggest single end-use for AI in China, accounting for 53.8% of all AI-powered applications.
As Vietnam prepares for its National Congress in January – a time known for clampdowns of government critics – it is also rolling out a controversial cybersecurity bill.