Sanctioned China firms creating front companies to acquire AI chips, says report — new firms pop up faster than the U.S. ban hammer can strike
America has tough sanctions in place to stop China from acquiring the latest chips, fearing their use in weapons systems. Yet many Chinese companies have still been able to acquire advanced U.S. hardware, even as Nvidia and other key tech firms adhere to those tight export controls. The latest Chinese ruse to sidestep sanctions, according […]
Foxconn Expands Investment in the U.S., Mexico, India, and Europe, Approaching USD 840 Million
According to a report from Economic Daily News, on the evening of August 21st, Foxconn announced plans to expand its investments, increasing capital in its subsidiaries located in the U.S., Mexico, India, and Europe. The total investment amounts to roughly USD 840 million. First, Foxconn announced earlier that its subsidiary, Cloud Network Technology USA Inc., has acquired shares […]
TECH4GOOD SPECIAL: 3D-Printed Prosthetics and Hearing Aid Projects for Children in War-Torn Regions
What if cutting-edge technology could revolutionize the lives of children in need, especially those in refugee camps or war-torn environments? Join 3DP4ME.org founder, Jason Szolomayer and me for a captivating conversation uncovering the incredible strides made in their first hearing project, supporting 52 children with customer hearing aids as well as with home visits and […]
NOTE’s CEO sells just under 38,000 shares – remains as major shareholder in NOTE
NOTE’s CEO Johannes Lind-Widestam has recently sold 37,529 shares in NOTE, corresponding to 11% of his holdings, to a value of SEK 5.0 million. The sale was carried out to cover tax obligations. After the sale, Johannes Lind-Widestam and his family’s ownership (private and via company) in NOTE amounts to 316,150 shares, which corresponds to […]