According to recent reports in the Wall Street Journal and other news sources, buyers in China are actively evading U.S. export controls ordering Nvidia's top articifial intelligence chips. The buyers are routing them through third parties in Vietnam, Taiwan and Malaysia. It is unclear how much Nvidia knew or should know about...
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Singapore authorities charge three men, one Chinese, for fraudulent transport of high powered Nvidia AI chips
Jeffrey A. Newman
Servers used in a fraud case that Singapore authorities have announced were supplied by a US firm and may have contained Nvidia's advanced chips. One Chinese national and two other mend were charged with fraud in the case to the transfer of Nvidia's AI chips from...
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China conducts unusual military drill near Australia, planes diverted
According to new press reports, planes flying between Australia and New Zealand have been diverted asbecayse China is conducting an unusual and closely watchedmilitary exercise in nearby waters that may involve live fire. Three Chinese naval ships in the Tasman Sea has put both antipodean countries on alert...
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US Supreme Court decision today: the Federal Communications E-rate program violations fall under the False Claims Act whistleblower law
Jeffrey A. Newman
The United States Supreme Judicial Court has issued a decision this morning which says that the Federal Communications Commissio's E-rate program reimbursements are "claims" under the False Claims Act. Whistleblower Todd Heath alleged that Wisconsin Bell overcharged schools and libraries for services under E-Rate, resulting in...
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VP of internet company DMERx pleads guilty to $1 Billion healthcare fraud consipiracy
The VP of an internet company that generated false doctorsā orders to defraud Medicare and other federal health care benefit programs of more than $1 billion.
According to a DOJ release, Greogory Schreck, VP of DMERx an internet based company got thousands of Medicare beneficiaries to render personal information...
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New: Additional 25% import tariffs on semiconductors, pharmaceuticals announced by Administration
US President Donald Trump announced new 25% tariffs on all steel and aluminum imports into the US on February 10, a move that would impact all, including major trading partners like Canada and Mexico. Trump also revealed an ambitious plan to introduce "reciprocal" tariffs on countries trading with the US, signaling potential...
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Artificial intelligence can now replicate itself, an early signal of rogue AI scaring the experts
Jeffrey A. Newman
A new sudy by AI researchers says that artificial intelligence has crossed a critical red line and has cloned itself. The researchers wrote "Successful self-replication under no human assistance is the essential step for AI to outsmart humans and is an early sign for rogue AI's"...
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Who qualifies for a whistleblower reward under the IRS whistleblower program?
Jeffrey A. Newman
The Internal Revenue Code provides for awards to whistleblowers who submit information to the IRS when specific and credible information regarding tax underpayments or violations lead to proceeds collected. The IRS will pay an award of at least 15 percent but not more than 30 percent...
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China outpacing US in batteries for electric vehicles and we should license their battery technology says Ford CEO
Chinese electric vehicle manufacturers are rapidly advancing the development of batteries for their products, according to Ford CEO James Farley who has toured battery makers in China. He also said that the Chinese electric vehicles may be an existential threat to the U.S. auto industry. Farley believes that licensing battery technology from...
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Administration and lawmakers may cut at least 10 student loan and federal aid programs run by Department of Education
Jeffrey A. Newman
The White House and Republican lawmakers are considering the elimination of at least 10 or more student loans and federal aid programs administered by the Department of Education. simultaneously steps are being taken to dismantle the Department of...
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The White House and Republican lawmakers are considering the elimination of at least 10 or more student loans and federal aid programs administered by the Department of Education. simultaneously steps are being taken to dismantle the Department of...