China is pumping $1.9 billion into its top memory chipmaker, according to media reports, as US restrictions on semiconductor exports threaten Beijing’s tech ambitions. Semiconductor manufacturer Yangtze Memory Technologies Co (YMTC) is set to receive 12.9 billion yuan from the state-owned National Integrated Circuit Industry Investment Fund, Bloomberg reported on Thursday, citing government data. The
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Microsoft Corp (MSFT.O) is expected to secure EU antitrust approval for its $69 billion (roughly Rs. 5,68,094 crore) acquisition of Activision (ATVI.O) with its offer of licensing deals to rivals, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to
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Mar 03, 2023Ravie LakshmananThreat Intelligence / Cyber Attack The China-aligned Mustang Panda actor has been observed using a hitherto unseen custom backdoor called MQsTTang as part of an ongoing social engineering campaign that commenced in January 2023. “Unlike most of the group’s malware, MQsTTang doesn’t seem to be based on existing families or publicly available
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BlocPower is electrifying this Brooklyn, NY building Lisa Rizzolo | CNBC BlocPower, a Brooklyn-based climate tech company, has closed on a nearly $155 million fundraising round that will be used to expand and finance community decarbonization projects like it already has undertaken in Menlo Park, California, and Ithaca, New York. The round, which includes more
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Apple supplier Foxconn will invest an undisclosed sum in India’s southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state’s chief minister said on Thursday. The investment will create 100,000 jobs in the state, Telangana’s IT minister KT Rama Rao said. The announcement followed a meeting between Telangana’s chief
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaking at Tesla Investor Day. Courtesy: Tesla Tesla shares continued sliding Thursday morning, a movement that began the prior day during Tesla’s Investor Day event, which provided investors with a long-term vision but lacked detail on new products or services. The electric-vehicle manufacturer’s
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Microblogging site Twitter faced an outage on Wednesday with several users, including those in India, reporting issues with refreshing their newsfeeds or posting new content on the website. The service, which went down at around 4 pm resumed after a short while. According to the outage monitoring website, Downdetector, affected regions in India included major
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Union Minister of Communications Ashiwini Vaishnaw on Wednesday said “what is unique about India’s digital public infrastructure is that it is open source, interoperable, scalable, transferable, secure, and based on public-private partnership.” “India has made it a policy objective to ensure the benefits of the digital economy reach the last mile — this is in
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Britain’s information regulator said on Wednesday it would look into an official complaint accusing Alphabet’s YouTube of illegally collecting data from millions of children. The complaint lodged by father-of-three Duncan McCann, who is leading the campaign and supported by his employer the advocacy group 5Rights, said the video-streaming platform had broken the newly implemented law
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