Business

Montana governor bans TikTok. But can the state enforce the law?

Montana Gov. Greg Gianforte on Wednesday signed into law a first-of-its kind bill that makes it illegal for TikTok to operate in the state, setting up a potential legal fight with the company amid a litany of questions over ...

Business

US imposes $300mn penalty on Seagate over Huawei shipments

US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said.

Chip component plant to get $300M expansion in Pennsylvania

The electronics subsidiary of German multinational health care company Merck KGaA said Wednesday it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials ...

Business

China to require 'security assessment' for new AI products

New AI products developed in China will have to undergo a security assessment before being released and must reflect "core socialist values", a sweeping new draft law by the country's internet regulator showed Tuesday.

Machine learning & AI

Biden says tech companies must ensure AI products are safe

President Joe Biden said Tuesday it remains to be seen if artificial intelligence is dangerous, but that he believes technology companies must ensure their products are safe before releasing them to the public.

China launches security probe into US chipmaker Micron

Chinese authorities have begun an investigation into leading US memory chipmaker Micron Technology, a decision Beijing's foreign ministry said Monday was intended to "safeguard national security".

Business

TikTok CEO Shou Zi Chew: 3 things to know

TikTok CEO Shou Zi Chew testified Thursday at a congressional hearing over concerns about user data collected by the popular video-sharing app and potential Chinese spying.

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