Japan, the Netherlands back U.S. sanctions on China's chip, tech sectors

TL;DR

The news comes two months after President Joe Biden’s administration banned American companies from selling many types of advanced chips to organizations in China and blocked the global export of chips made with U.S. equipment.Sony Chief Technology Officer Hiroaki Kitano told the Financial Times that he was “not sure what kind of long-term impact” the export bans can have on China’s artificial intelligence aims.As Bloomberg reported in August, the upper echelons of China’s government “are angry at how tens of billions of dollars funneled into the industry over the past decade haven’t produced the sorts of breakthroughs that emerged from previous national-level scientific endeavors.” Those struggles likely will be exacerbated by an exodus of Taiwanese semiconductor experts, who will be less likely to venture across the Taiwan Strait to assist a nation with substandard equipment and technology.Federal prosecutors are divided over whether to seek criminal charges against Binance and some of the cryptocurrency exchange’s top executives, including Changpeng “CZ” Zhao, amid a years-long inquiry, Reuters reported Monday.Scientists hope fusion energy could eventually deliver inexpensive power to the world while producing no carbon emissions or radioactive waste, though commercialization of the technology likely remains decades away."

Like summarized versions? Support us on Patreon!