The Netherlands and Japan, home to key suppliers of semiconductor manufacturing equipment, are close to joining a Biden administration-led effort to restrict exports of the technology to China and hobble its push into the chips industry.
The bankruptcy of Barry Silbert’s Genesis Global may not have pummeled crypto markets like the implosion of Sam Bankman-Fried’s FTX did, but it features a list of top creditors with similarly large claims topping $3 billion in total.
Prime Minister Rishi Sunak’s government should take steps to cut UK reliance on semiconductors from Taiwan because of the threat posed by China, a draft strategy said.
Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring.
Zilingo Pte is set to enter liquidation, capping a months-long crisis that shocked Asia’s technology and startup industries.
It’s a new year, and there are some green shoots in the digital asset space.
The head of Telecel Group, an Africa-focused telecommunications company part-owned by French tycoon Hugues Mulliez, said the purchase of Vodafone Group Plc’s operations in Ghana is part of a plan to build up its business and go public within the next five years.
An influential Japanese politician has thrown his weight behind Washington’s widening campaign to contain China’s chip ambitions, warning that Beijing is part of a group of nations seeking global hegemony and must be curbed.
UK retail sales fell unexpectedly last month, finishing the worst year on record as a brutal cost-of-living squeeze pointed toward more pain ahead for the economy.
European lawmakers are being forced to match historic US subsidies for green technologies, sparking a new era of competition for planet-saving solutions.Â
