Bloomberg News

Bloomberg The U.S. on Wednesday unveiled regulations aimed at keeping advanced chips produced by Taiwan Semiconductor Manufacturing Co. and other producers from China. The latest measures call for chip producers to step up their scrutiny and due diligence of customers, especially Chinese firms. The curbs impose sanctions on 16 Chinese companies that are “acting at […]

Bloomberg Intel’s September announcement that it was pausing a more than €30-billion semiconductor plant in Magdeburg, Germany, dealt a significant blow to Chancellor Olaf Scholz’s plan to turn the country into a global chip superpower. Taiwan Semiconductor Manufacturing Company’s (TSMC) plant outside Dresden is part of Germany’s last viable joint venture, ESMC, comprised of TSMC, […]

Bloomberg China-backed hackers broke into the computers of senior U.S. Treasury Department leaders as part of a recent breach of the agency, say insiders, gaining access to drafts and notes for policy decisions, itineraries, and travel planning documents for Treasury leaders, as well as some internal communications. In a Dec. 30 letter to Congress, Treasury […]

Bloomberg AT&T and Verizon Communications Inc. admitted that they’d been hit by the China-linked Salt Typhoon hacking operation but said that their networks were now clear. The hackers attempted to gain information about foreign intelligence, AT&T said. Verizon said that “a small number of high-profile customers in government and politics” had been targeted. From “AT&T, […]

Bloomberg A Bloomberg analysis shows that more than 75% of highly distorted power readings across the U.S. are within 50 miles of significant datacenter activity, based on readings from 770,000 home sensors. The problem is threatening billions of dollars in damage to home appliances and aging power equipment, especially in areas like Chicago and “datacenter […]

Bloomberg Increased demand for AI requires more datacenters, power, Internet bandwidth, water, land, metals, minerals, data, and workers to develop, correct, and train models. Datacenters’ annual global energy consumption is expected to jump from about 500 terawatt-hours today to more than 1,580 by 2034. Datacenters also use more than 1 billion liters of water daily, […]

Bloomberg After committing to a five-year, $1-billion rollout of Microsoft Office 365 for its approximately 1.5 million employees, Amazon has delayed the deployment for a year due to security concerns related to a Russian-linked hacker group gaining access to Microsoft employee email accounts. Amazon requested several changes, including modifying tools to verify that apps are […]

Bloomberg Nvidia has hired hundreds in China this year to enhance its research capabilities and focus on new autonomous driving technologies, say sources. The company will end the year with about 4,000 people in China, up from just about 3,000 at the start of 2024, with about 200 people added in Beijing to beef up […]

Bloomberg A bill introduced by the Malaysian government on Dec. 2 would strengthen penalties for Internet content violations and give law enforcement greater powers, including allowing any “authorized officer” to search and seize without a warrant. The law also would hold service providers liable, with representatives potentially facing arrest for violations, and require them to […]