Fears over China's data collection law prompts UK Parliament to close down its TikTok account, after just one week of operation
TECHNOLOGY POWERING BUSINESS
News Datacentre
US Congress Passes $52 Billion Chips Act
No more chip shortage? President Joe Biden can now sign US Chips Act into law after Congress approved funding for more domestic chip production
Chip Revenues To Decline 2.5 Percent In 2023, Warns Gartner
Global semiconductor revenues are projected to grow 7.4 percent in 2022, but will decline in 2023 as inflationary pressures take their toll
Russia Fines Google $34m, After Last Week’s $358m Penalty
But will Google actual bother to pay? Russian watchdog claims Google abuses its dominant position in the video hosting market
Samsung Seeks Tax Breaks On Future Chip Factories In Texas
South Korean giant Samsung begins application for tax breaks on 11 potential chip manufacturing facilities in Texas, ahead of US CHIPS Act
Global Chip Shortage Not Over, Warns IDC
Global chip shortage is not over, as IDC analyst points to Russia's war in Ukraine impacting raw materials and the global supply chain
Google Data Centre In London Outage Blamed On Cooling Failure
As the UK temperature soared to a record high on Tuesday, a cooling failure resulted in an outage at a Google data centre in London
BT Seeks To Keep Network Running, After CWU Sets Strike Dates
Carrier frustrated after trade union rejects BT's highest pay award in 20 years, and sets strike date on 29 July and 1 August
Google Cloud Adopts ARM-based Chips
Bad news for Intel, AMD? Google Cloud unit has begun offering virtual machines (VMs) based on chip designs from the UK's ARM Holdings
Netflix Partners Microsoft For Cheaper Subscription Plan…With Adverts
Streaming giant Netflix has partnered up with Microsoft for a cheaper consumer subscription plan, that will feature adverts
PC Shipments Worldwide Drop 15.3 Percent In Q2, IDC Warns
Worrying sign. Global PC shipments take a double-digit tumble in the second quarter, amid fears of worldwide economic downturn
Man Charged With Selling Fake Cisco Equipment
Man arrested in Florida and charged with importing counterfeit Cisco networking equipment into the United States, worth an estimated $1 billion
US Mulls Fresh Restrictions On China’s SMIC
Biden Administration reportedly considering new restrictions on chipmaking tools for China, so as to hamper its leading chipmaker SMIC
Head Of FBI And M15 Issue Unprecedented Warning About China
Heads of the FBI and UK's MI5 for the first time share platform, and warn about the 'immense' threat posed by Chinese government’s espionage operations
Intel ‘Playing Politics’ Over Delayed Ohio Chip Factory, Alleges Governor
Ohio Governor Mike DeWine alleges Intel's Ohio factory delay is a negotiating tactic, despite Pat Gelsinger hinting investment could shift to Europe
Foxconn Expects Stronger Sales In Spite Of Economic Gloom
iPhone manufacturer Foxconn revises full-year expectations upward amidst strong consumer and data centre demand, bucking turbulent conditions
Samsung ‘To See Profits Jump’ On Data Centre Demand
Industry analysts expect Samsung's profits to jump 15 percent for the second quarter as strong data centre demand offsets smartphone slump
Cloudflare Outage Downs Hundreds Of Websites
Not a cyberattack. Swathes of the Internet knocked offline on Tuesday after 'service issues' at infrastructure provider Cloudflare
MoD Acquires Government’s First Quantum Computer – Report
The Ministry of Defence acquires the UK government's first ever quantum computer and will work Orca Computing
Microsoft Slashes Russia Operations, Axes 400 Staff
Software giant Microsoft is “significantly” scaling down its operations in Russia, but will continue to fulfil contractual obligations
IBM Closes Down Russian Operation, Lays Off Staff
After suspending its operations in Russia in Q1, IBM tells local staff it is winding down operations in Russia and laying off employees
Toshiba Receives Multiple Proposals, As It Mulls Strategic Options
Troubled Japanese conglomerate Toshiba receives eight proposals to take it private and a couple of proposals to remain listed entity
UK Begins National Security Probe Of Altice’s Stake In BT
After previously expressing its concern, the British Government now confirms a national security review of French billionaire's stake in BT
Broadcom Confirms VMware Acquisition For $61 Billion
Entry into cloud infrastructure software for US chip firm Broadcom after it confirms reports it will acquire VMware for $61 billion
Spain Approves $13.1bn To Attract Chip Sector Investment
Come build a Spanish fab! Government in Spain officially approves plan to spend 12.25 billion euros on the semiconductor industry
Broadcom ‘In Talks’ To Acquire VMware
US chip maker Broadcom reportedly in talks to buy VMware as it seeks to diversify into software, following failed 2018 Qualcomm bid
Nvidia Charged By SEC For ‘Inadequate Disclosures’ About Crypto Mining
US financial regulator charges GPU giant Nvidia for “inadequate disclosures” concerning the impact of crypto mining on the company’s gaming business”
German Government Touts $14.7bn State Aid For Chip Factories
Minister in German government says the country wants to attract chip makers with 14 billion euros ($14.71 billion) in support
Cisco Predictive Networks To Recognise Future Network Outages, Issues
Improving enterprise network uptime and easing strain on IT depts. Cisco unveils tech that it claims can predict network issues before they happen
BT Opts For AWS As Cloud Provider To Assist In IT Transformation
BT’s digital unit signs five-year deal with Amazon Web Services (AWS), as it transitions its legacy infrastructure and apps to cloud-first architecture