Business

US aims to hobble China’s chip industry with sweeping new export rules

US aims to hobble China’s chip industry with sweeping new export rules

Oct 7 (Reuters) – The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with US tools, vastly expanding its reach in its bid to slow Beijing’s technological and military advances. The rules, some of which go …

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Elon Musk can’t be trusted to complete merger, Twitter tells judge

Elon Musk can’t be trusted to complete merger, Twitter tells judge

Getty Images | Anadolu Agency Elon Musk’s latest promise to buy Twitter can’t be trusted, the company told a Delaware Court of Chancery judge yesterday. “Now, on the eve of trial, Defendants declare they intend to close after all. ‘Trust us,’ they say, ‘we mean it this time,’ and so they ask to be relieved …

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Job growth slows in September but remains solid after months of strong labor market expansion

Job growth slows in September but remains solid after months of strong labor market expansion

Job growth continued to slow in September, in another sign that the labor market is cooling from its red-hot peak earlier this year, while remaining an area of ​​strength for the US economy. Employers added 263,000 jobs last month, the Labor Department announced in its monthly jobs report Friday, ticking down from August and following …

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Target Deal Days Kick Off Massive Savings on Tech, Toys, Small Appliances and More

Target Deal Days Kick Off Massive Savings on Tech, Toys, Small Appliances and More

Fall has arrived, and along with the drop in temperature, prices are falling, too. Target has just launched a three-day sale slashing prices on top tech like TVs, headphones, wearables and more, along with deals for the home on everything from vacuum cleaners and small kitchen appliances to mattresses, apparel and beyond. You can even …

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Stocks Sell Off On Jobs Report

Stocks Sell Off On Jobs Report

The Dow Jones Industrial Average dipped 500 points Friday morning after the Labor Department’s stronger-than-expected September jobs report. Advanced Micro Devices (AMD) diverged 8% and triggered an early sell-off among chip stocks, issuing weaker-than-expected preliminary third-quarter revenue results late Thursday. X AMD warned that the weakness was a combination of a “weaker than expected PC …

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DAOs: A game changer in need of new rules

September 30, 2022 – The decentralized autonomous organization (DAO) is a relatively novel structure gaining popularity in the blockchain community. DAOs are community-led entities with no central leadership built on a blockchain using smart contracts, and with no restriction on the geographic location of its members, potentially resulting in an international organization. DAOs are seen …

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Binance Smart Chain Halted Over ‘Potential Exploit,’ $100 Million Taken Off Chain – Decrypt

Transactions on the Binance blockchain, also known as BNB Chain and Binance Smart Chain, were halted today after a potential exploit in the network was detected through a spike in “irregular activity.” Tea initial announcement was posted to Twitter by BNB Chain at 9:19 pm EDT, saying there would be a temporary pause on the …

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