Nigeria’s markets regulator has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal. “Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” the Securities and…
US-based Micron Technology on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale of its memory chips to key domestic industries marked the latest in the Sino-American trade spat. China’s cyberspace regulator said late on Sunday that Micron, the…
Google will likely argue Thursday that the US Justice Department’s allegations that it broke antitrust law to build and maintain its dominance of search are flawed and that its lawsuit should be thrown out, according to court filings. The government, which filed its lawsuit in the waning days of the…
The European Union’s EUR 43 billion (nearly Rs. 3,84,120 crore) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday….
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…
Amit Kshatriya, a decorated Indian-American software and robotics engineer was appointed as the first head of NASA’s newly-established Moon to Mars Programme that will help the agency ensure a long-term lunar presence needed to prepare for humanity’s next giant leap to the Red Planet. Kshatriya will serve as NASA’s first…
US lawmakers at a congressional hearing on Thursday accused TikTok of serving harmful content and inflicting “emotional distress” on young users, grilling the Chinese-owned app’s CEO on the company’s outsized influence on teens. Representative Cathy McMorris Rodgers, a Republican from Washington, kicked off the hearing with TikTok Chief Executive Shou Zi Chew…
TikTok CEO Shou Zi Chew said the Chinese-owned short video app company faces a pivotal moment as a growing number of US lawmakers seek to ban the popular app over national security concerns. Chew said in a video posted on TikTok early Tuesday the app now has more than 150 million…
The chair of a US House of Representatives panel wants TikTok CEO Shou Zi Chew to address questions next week about the popular Chinese-owned video app’s efforts to protect children from inappropriate content and potential exploitation. Chew will be appearing for the first time before Congress when he testifies before the…
The US government is considering several ways to balance its destabilised economy by reeling-in more funds into its financial systems. The crypto mining community in the US could face the burn of these tax hikes as the US government has proposed to raise the taxes on the electricity requirement for…
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