Nvidia is going to open a research-and-development center in Shanghai, its latest effort to maintain a foothold in China while still abiding by the tightened US export controls for Nvidia's AI semiconductors. .
The new teams will supplement the over 4000 already working in China.
The...
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Rogue communication devices found hidden in Chinese solar power inverters that could disable the grid
U.S. energy officials are reassessing the risks posed by Chinese-made devices that are used in the U.S. renewable energy infrastructure after unexplained communication equipment was found inside some of the, according to Reuters. Inverters are built to allow remote access for updates and...
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What is the largest whistleblower reward issued by the Securities & Exchange Commission?
In May 2023, The Securities and Exchange Commission announced the largest-ever award, nearly $279 million, to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions. This is the highest award in the SECās whistleblower programās history, more than doubling the $114 million whistleblower award...
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China building megaports in Santos Brazil for foodstuffs in order to reduce reliance on U.S.
According to the Wall street Journal, Chinaās state-owned agricultural conglomerate, Cofco, is building its biggest export terminal outside China at the port to manage shipments of corn, sugar and soybeans.
Today's article refernces that Chinaās broader plan for South Americaās agricultural products includes the present work in which China...
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Why its easy for China to engage in tariff fraud on items imported into the U.S.
Jeffrey A. Newman
Customs and tariff fraud relating to U.S. tariff laws and products imported to the United States generally involves transshipment by routing a shipment through a third country to disguise its origin. Once there the country of origin is changed from China to the new country, Mexico,...
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Amazon challenging Google and Microsoft in quantum computing with new chip “Ocelot” reducing errors
Jeffey A. Newman
Amazon is now worth over $2 trillion and it is advancing swiftly in the arena of quantum computing. Amazon's Web Services Center for quantuim Computing is located at the California Institute of TEchnology in Pasadena California. The new semiconductor chip the Ocelot quantum processor is deigned...
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Microsoft President says U.S. can’t afford falling behind China in quantum computers and that China may be catching up
Tech
Microsoft President Brad Smith is worried that the U.S. may be falling behind China in the race for a functioning stable quantum computer and that the administration should prioritize funding for quantum research.
According to press reports, Smith...
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New lawsuit alleges GM falsely advertises ACDelco auto parts as made in the USA when they are actually made in China
GM is facing a new class action lawsuit alleging that the automaker falsely advertises ACDelco auto parts as made in the United States, when in fact the parts are actually manufactured in China. A report from Top Class Actions says the lawsuit was filed by plaintiff Norman Husar...
Two former Credit Suisse employees turned whistleblowers to share $150 million award
A Credit Suisse unit agreed this week to pay $511 million for not meeting the terms of a 2014 settlement with U.S. authorities
Jeffrey A. Newman Esq.
Two former bank employees of Credit Suisse stand to make up to $150 million for telling U.S....
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Nvidia building Boston based Accelerated Quantum Research Center merging quantum computers applications into AI problem resolutions
Nvidia has announced plans for a new, Boston-based Nvidia Accelerated Quantum Research Center or NVAQC, designed to integrate quantum hardware with AI supercomputers. The Center will begin operations later this year, and will focus on accelerating the transition from experimental to practical quantum computing.
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