China starts drills around Taiwan after US Speaker meeting
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China starts drills around Taiwan after US Speaker meeting

China began three days of military exercises around Taiwan on Saturday to express anger at Taiwan President Tsai Ing-wen’s meeting with the speaker of the US House of Representatives, as the island’s defense ministry said it would respond calmly. The drills, announced the day after Tsai returned from the United…

Alibaba Invites Businesses to Test Its ChatGPT-Like AI Chatbot: Report

Alibaba Invites Businesses to Test Its ChatGPT-Like AI Chatbot: Report

Tech giant Alibaba is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported on Friday, joining the rush to emulate the explosive success of ChatGPT. The free-to-use ChatGPT, a large language model (LLM) application created by Microsoft-backed OpenAI, was released to the public last…

US Chipmaker Micron’s Products to Be Examined in China for Cybersecurity Risks

US Chipmaker Micron’s Products to Be Examined in China for Cybersecurity Risks

China’s cyberspace regulator will conduct a cybersecurity review of products sold in the country by US memory chip manufacturer Micron Technology, the regulator said on Friday. The move, which comes amid a spat over chip technology between Washington and Beijing, is aimed at protecting the security of the supply chain for…

Japan Said to Restrict Chipmaking Equipment Exports, to Align With US China Curbs

Japan Said to Restrict Chipmaking Equipment Exports, to Align With US China Curbs

Japan said on Friday it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a US push to curb China’s ability to make advanced chips. Japan, home to major global chip equipment makers such as Nikon and Tokyo Electron, did not specify China…

Alibaba to Monetise Non-Core Assets, Decide on Control of New Business Units After Breakup

Alibaba to Monetise Non-Core Assets, Decide on Control of New Business Units After Breakup

Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70 percent off its shares. Group CEO Daniel Zhang said the company’s breakup into separate businesses will…

House GOP demands Biden reveal China ties to failed bank
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House GOP demands Biden reveal China ties to failed bank

House Republicans are pushing President Joe Biden to investigate the Chinese Communist Party’s ties to the collapsed Silicon Valley Bank – and demanding that he reveal any Biden family connections with Chinese companies set to benefit from the federal government’s bailout. Silicon Valley Bank and a Shanghai-based subsidiary “played an…

TikTok Gets Banned on Government Devices in New Zealand: Report

TikTok Gets Banned on Government Devices in New Zealand: Report

After the United States, the UK and New Zealand became the latest western countries to ban the Chinese-owned video-sharing platform TikTok on “government devices” citing security fears, The New York Times reported.  The UK, on Thursday, announced the ban of TikTok with immediate effect citing security fears linked to the…

ED Files Charge Sheet Against Razorpay, Fintech Firms in Money Laundering Probe Linked to Chinese Loan Apps

ED Files Charge Sheet Against Razorpay, Fintech Firms in Money Laundering Probe Linked to Chinese Loan Apps

The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps which allegedly cheated numerous people. The federal probe agency said in…

China brokers diplomatic deal between Saudi Arabia and Iran
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China brokers diplomatic deal between Saudi Arabia and Iran

Iran and Saudi Arabia agreed on Friday to re-establish diplomatic relations in a deal brokered by China, following four days of secret talks in Beijing. Diplomats from Iran and Saudi Arabia agreed to re-open embassies within the next two months, according to a statement. “The agreement includes their affirmation of…