For the record, Meng Wanzhou – the chief financial officer of the Chinese high-tech giant Huawei Technologies – was arrested in Canada last week for her involvement in violating American sanctions on Iran.
BEIJING -- Chinese high-tech companies are rushing to produce their own semiconductors as rising trade and security tensions with the U.S. increase the risk that supplies from outside may be squeezed.Internet search engine operator, ants Baidu, e-commerce giant Alibaba Group Holding and household electronics maker Gree Electric Appliances are among those who have moved into chip development as Washington attempts to curb China's growing influence in cutting edge technologies."China has relied on imports for high-performance chips, but that can change in the age of artificial intelligence," Baidu CEO Robin Li recently said. Despite being the world's largest semiconductor market, making up 40% of the global market on a value basis, China sources only 10% of its chips domestically, accordi
On Sunday, Armonk, New York-based IBM announced that it would be buying Raleigh, North Carolina-based Red Hat for $34 billion -- the largest acquisition in the company's 100+-year history. This seems like too much -- too late. This should have occurred 10 years ago.For me, it's a bittersweet announcement: I used to be an IBMer. I worked there from the summer of 2007 to late 2012 as an IT architect in their GTS/ITS division, primarily in their data center optimization and server consolidation practice, and also in their business continuity (BCRS) division. I was involved with a lot of Linux server virtualization and high-performance computing using systems like Red Hat, S...
Why Intellectual Property is Most Valuable Asset for your Business!! In today’s knowledge-based economy, your ideas are some of your most valuable business assets. Whether you’re an inventor or an entrepreneur, it’s essential to understand various forms of intellectual property (IP) like patent & trademarks, copyright and industrial design, to save your precious business assets. Preferably, every enterprise that involve in inventive activities need to consult patent databases to search existing technologies, identify licensing partners in case a technology already exists and avoid duplication of research activities. However, it’s important to acquire IP because a failure to do so can put businesses at risk. “Before launching a product, businesses should assure tha
There has been a lot of fuss and consternation over proposed EU legislation that could, if fully implemented, effectively disable the internet as we know it, according to critics. That's nonsense, but let's play along. This began in May with the implementation of the General Data Protection Regulation (GDPR), which hampers marketing schemes where you, the user, are sliced and diced and categorized so the Googles and Facebooks of the world can serve up targeted ads. Knowing all these things about you, even if you are part of a larger group, is an invasion of privacy, Europeans say. GDPR came on the heels of the so-called and ludicrous "right to be forgotten" edict, which forced search engines in the region to pull certain data from search results upon request. In the meantime, the EU has...
Last week, news of at least three major players applying for blockchain-related patents emerged: Bank of America sought to legally protect its blockchain-based system allowing the external validation of data, Barclays filed two patent applications relating to the transfer of digital currency and blockchain data storage, while MasterCard’s application mentioned a form of a public blockchain-based method for linking assets between blockchain and fiat accounts. As blockchain technology continues to be one of the most discussed things in 2018 and a subject for mass adoption, the number of crypto-related patents is steadily growing — and with patent trolls joining the game, a legal war over blockchain might occur in the future. Why do institutions need blockchain patents? A blockchain patent
The video shows crosshairs hovering over what looks like a collection of buildings. In the background, you can hear what sounds like Turkish soldiers on walkie-talkies. Then, a drone strike. But the video didn’t depict a bombing at all — at least, not a real one. It was taken from a video game. In February, France 24’s Observers debunked the video, which claimed to show a Turkish drone claiming to strike a target in Afrin, Syria. The video — which was offline as of publication — went viral on social media, being shared by several pro-Turkish accounts and racking up more than 200,000 views on Instagram. “In the soundtrack to the short video, you can hear what sounds like Turkish soldiers communicating via walkie talkie,” The Observers’ report reads. “It also has a Turkish music soundtrac