China has stolen ‘massive amounts’ of data from the US and other companies from the West, claims US

China has stolen ‘massive amounts’ of data from the US and other companies from the West, claims US

Paris: The United States has claimed that groups connected to the Chinese regime were involved in stealing ‘massive amounts’ of critical data from the US and other western companies, for the last few years. In a conference at Paris, the US officials targeted cyberattacks from Iran along with China, claiming the Iranian hackers had stolen […]

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Leading companies exit from Facebook’s Libra Digital currency, including Mastercard, Visa and Ebay

Leading companies exit from Facebook’s Libra Digital currency, including Mastercard, Visa and Ebay

California: Four months ago, Facebook’s digital currency that was launched with great fanfare has suffered major blows back-to-back. Five companies participating in the Libra venture have decided to back out in the last 24 hours. These companies include the world leaders in payments processing such as Mastercard, Visa and Stripe. Given this development indicates that […]

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President Trump issues orders to US companies in China to look for other alternatives

President Trump issues orders to US companies in China to look for other alternatives

Washington/Beijing: After the warning that the loot China has carried on for many decades needed to stop, President Trump issued clear instructions to the US companies operating in China to exit from the country and relocate elsewhere. As the orders came just ahead of the imposition of tariffs on the entire range of Chinese imports, […]

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Scale of action against the Big Tech companies in US becomes more comprehensive; more than 20 states to participate in the inquiry

Scale of action against the Big Tech companies in US becomes more comprehensive; more than 20 states to participate in the inquiry

Washington: There are indications that the scale of action initiated by the Trump administration against the big companies, in the information technology sector, will become more comprehensive. More than 20 states in the United States have contacted the central agencies with an insistent demand that they should be included in the action against the Big […]

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Australia indicates controls over the ‘Big Tech’ companies including Google and Facebook

Australia indicates controls over the ‘Big Tech’ companies including Google and Facebook

Canberra: Following the United States, European Union and France, even Australia has indicated to rein in the bigwigs such as Facebook, Google and alike from the technology sector. The Australian government, in its reports released on Friday, has recommended more regulations on these technology bigwigs like Google and Facebook. ‘Companies like Google and Facebook need […]

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US bans five Chinese companies in the technology sector under the issue of national security

US bans five Chinese companies in the technology sector under the issue of national security

Washington: After declaring an emergency against Chinese companies in the field of technology, the United States has intensified the action further. The US trade department on Friday through its statement announced a ban on five Chinese companies, operating in the super computing sector. The United States has accused one of these companies to be connected […]

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Chinese to target US companies following Huawei action

Chinese to target US companies following Huawei action

Beijing: China has initiated steps to retaliate against the US action, to stop big Chinese companies, including Huawei. China has formulated new cyber law with a provision that the foreign companies, in the information technology sector, will have to assure national security. The US and European companies have accused the Chinese government,even in the past, […]

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British and Japanese companies stop dealings with Huawei

British and Japanese companies stop dealings with Huawei

London/Tokyo/Beijing: Strong repercussions are being felt, at the international level, of the announcement made by President Trump to Black List the Chinese company Huawei. Following the decision, five US companies, including Google, have declared severing all ties with Huawei. Now, companies in the United Kingdom and Japan also have decided to stop all dealings with […]

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Chinese companies in the US under pressure due to the US-China trade war; AmCham China report

Chinese companies in the US under pressure due to the US-China trade war; AmCham China report

Beijing/Washington: The American Chamber of Commerce in China has warned that there is an atmosphere of fear, among the US companies in China, because of the import taxes imposed by President Trump and the action taken against Huawei. The American Chamber of Commerce, in its report, has said that the trade of nearly 200 US […]

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