Business

US issues sanctions on a 2nd virtual currency mixing firm

The Treasury Department has imposed sanctions on virtual currency mixer Tornado Cash, which has allegedly helped to launder more than $7 billion worth of virtual currency since its creation in 2019.

Business

Australia must address China tech challenge in Indonesia

China's free large-scale technology training in Indonesia poses a major security challenge to Australia and the region, according to a paper by experts at The Australian National University (ANU).

Business

Panasonic selects Kansas for vehicle battery mega-factory

Japan's Panasonic Corp. selected Kansas as the location for a multibillion-dollar mega-factory to produce electric vehicle batteries for Tesla and other carmakers, lured by the largest package of taxpayer-funded incentives ...

Business

US senators call for close look at TikTok

Leaders of the US Senate Intelligence Committee on Tuesday called for an investigation into whether Chinese officials are getting access to data about US users of video-snippet sharing sensation TikTok.

Electronics & Semiconductors

GlobalWafers announces plans for massive US plant

Taiwan's GlobalWafers on Monday unveiled plans to establish a massive plant in northern Texas to produce a component vital to making semiconductors with an investment of up to $5 billion.

Security

Costa Rica chaos a warning that ransomware threat remains

Teachers unable to get paychecks. Tax and customs systems paralyzed. Health officials unable to access medical records or track the spread of COVID-19. A country's president declaring war against foreign hackers saying they ...

Energy & Green Tech

Environmentalists oppose more life for California nuke plant

Dozens of environmental and anti-nuclear organizations expressed opposition Tuesday to any attempt to extend the life of California's last operating nuclear power plant, challenging suggestions that its electricity is needed ...

Energy & Green Tech

California prepares for energy shortfalls in hot, dry summer

California likely will have an energy shortfall equivalent to what it takes to power about 1.3 million homes when use is at its peak during the hot and dry summer months, state officials said Friday.

Internet

Hackers got user data from Meta with forged request

Facebook owner Meta gave user information to hackers who pretended to be law enforcement officials last year, a company source said Wednesday, highlighting the risks of a measure used in urgent cases.

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