By Toby Sterling AMSTERDAM (Reuters) -The Dutch government on Friday announced new restrictions on exports of some semiconductor equipment, boosting a U.S.-led drive to curb supplies of high-tech components to China but drawing an angry response from Beijing. “We have taken this step in the interest of our national security” said Dutch Trade Minister Liesje…
(Reuters) – Global investors turned net buyers of equity funds in the week to June 28 as solid economic readings fuelled hopes of U.S. growth, while China’s policy measures to bolster its economy further boosted sentiment. According to Refinitiv Lipper data, global equity funds saw a net $2.81 billion in inflows after booking about $15.96…
(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools: AUSTRALIA * Seeking input on regulations The government is consulting Australia’s main science…
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost sales in the face of economic uncertainty and rising competition. Tesla is expected as early as this weekend to report global deliveries of 445,000…
By Jose Luis Gonzalez and Steve Gorman TRUTH OR CONSEQUENCES, New Mexico (Reuters) -A three-man crew from Italy soared more than 50 miles (80 km) above the New Mexico desert on Thursday aboard a Virgin Galactic rocket plane, the company’s first flight of paying customers to the edge of space since British billionaire Richard Branson…
(Reuters) -U.S.-China tensions over semiconductors began with the Trump administration’s trade war and have ratcheted up under President Joe Biden’s leadership as Washington looks to undercut Beijing’s efforts to build its high-tech industry. The U.S. and the Netherlands are set to deliver a one-two punch to China’s chipmakers by further curbing sales of chipmaking equipment,…
By Diane Bartz WASHINGTON (Reuters) -The judge hearing the U.S. Federal Trade Commission’s fight against Microsoft’s planned purchase of “Call of Duty” maker Activision Blizzard on Thursday pressed government lawyers about the data behind their arguments and asked why there was so much fuss over “a shooter video game.” The Federal Trade Commission has asked…
By Heekyong Yang and Ju-min Park SEOUL (Reuters) – A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to build a copycat chip factory in China with sensitive information developed by Samsung Electronics. In a handwritten letter to Reuters, his first comments to media since he was detained on…
WASHINGTON (Reuters) – U.S. Senator Michael Bennet, a Democrat who is active in artificial-intelligence issues, wrote to leading tech firms on Thursday to urge them to label AI-generated content and limit the spread of material aimed at misleading users. In the letter to the chief executives of OpenAI, which released ChatGPT, and its partner Microsoft…
By Karen Freifeld (Reuters) -The United States and the Netherlands are set to deliver a one-two punch to China’s chipmakers this summer by further restricting sales of chipmaking equipment, part of the countries’ ongoing effort to prevent their technology from being used to strengthen China’s military. While the Dutch are planning to curb certain equipment…
