Concerns Arise from Europe-China AI Military Research Collaboration Analysis

European Academics Under Fire for Collaborating in Chinese AI Research Projects A recent analysis conducted by the Mercator Institute for China Studies reveals that European academics are actively participating in AI research collaborations with Chinese counterparts that are raising ethical concerns. The analysis highlighted collaborations in areas such as biometric surveillance, cybersecurity, and military applications […]

Continue Reading

Binance Agrees to Pay US Over $4 Billion in Settlement

After months of accusations, the United States government has reportedly reached a settlement with Binance, the world’s largest cryptocurrency exchange, amounting to over $4 billion. Binance has been facing legal scrutiny, including accusations of operating as an unregistered securities exchange and violating various US securities laws. This settlement has been seen as a potential conclusion […]

Continue Reading

Congressional Report: Chinese Companies Obtain US Equipment for Producing Advanced Chips Despite Export Restrictions

The US House of Representatives’ bipartisan select committee on China has recently released a 741-page annual report that detailed the aggressive acquisitions by Chinese companies of US chipmaking equipment to produce advanced semiconductors. These actions are in violation of new US export restrictions intended to slow China’s semiconductor industry. The Joe Biden administration had imposed […]

Continue Reading

Google CEO Sundar Pichai Testifies in High-Stakes Antitrust Trial for the Second Time

Google CEO Sundar Pichai testified in a San Francisco antitrust trial, defending the company’s practices related to the Google Play Store. The trial follows a separate case in Washington, D.C., in which Google is accused of hindering competition and innovation. In the San Francisco case, Epic Games alleges that Google operates an illegal monopoly through […]

Continue Reading

High Alert Raised by Financial Authorities Following ICBC Ransomware Attack and US Treasuries Disruption

The largest lender globally in terms of assets, the Industrial and Commercial Bank of China (ICBC), was hit by a ransomware attack that disrupted the trading of Treasury securities through its US financial services division. The cyberattack, which resulted in system disruptions, was disclosed by ICBC on Thursday. Promptly implementing system isolation as a preventive […]

Continue Reading