БЛОГ

Archive for the ‘government’ category: Page 64

Mar 2, 2022

OneWeb: UK rejects Russian demand to sell share in satellite firm

Posted by in categories: government, satellites

Russia’s space agency is refusing to launch OneWeb satellites part-owned by the UK government.

Mar 1, 2022

South Korea to invest $187M in national metaverse project

Posted by in category: government

The South Korean government has pledged $186.7 million to support the growth of its new Metaverse platform called the Expanded Virtual World where creators, industry, and commercial talent are expected to converge.

Feb 28, 2022

Not just China, South Korea is betting big on metaverse too — plans to spend $187 million to build its national ecosystem, form a Digital New Deal

Posted by in categories: education, government

Other than creating experts, the Ministry’s statement detailed three other objects for the future, which include creating an expanded virtual world (translated from Korean). The government also wants the metaverse platform to focus on industrial convergence and lifestyle, using it for growing Korea’s education industry, media and its cities.

Further, the statement also said that content creators will get support from the government’s strategy. The Ministry will also host hackathons, developer events etc. aimed at fostering the country’s metaverse community, while the statement also mentions forming favourable regulatory systems and laws in order to favour the metaverse.

Feb 28, 2022

How China built a one-of-a-kind cyber-espionage behemoth to last

Posted by in categories: cybercrime/malcode, government

The “most advanced piece of malware” that China-linked hackers have ever been known to use was revealed today. Dubbed Daxin, the stealthy back door was used in espionage operations against governments around the world for a decade before it was caught.

But the newly discovered malware is no one-off. It’s yet another sign that a decade-long quest to become a cyber superpower is paying off for China. While Beijing’s hackers were once known for simple smash-and-grab operations, the country is now among the best in the world thanks to a strategy of tightened control, big spending, and an infrastructure for feeding hacking tools to the government that is unlike anything else in the world.

Feb 27, 2022

China shared U.S. intelligence on Ukraine crisis with Russia

Posted by in categories: government, military

China’s government took U.S. intelligence provided to convince Beijing to join American-led efforts to head off a military attack on Ukraine and shared it with Russia, according to a person familiar with the activity.

Intelligence-sharing with a major U.S. adversary is unusual but was part of repeated diplomatic efforts by the Biden administration to gain support from China in dissuading Russian President Vladimir Putin from invading Ukraine.

Feb 27, 2022

Intel and AMD Halt Chip Sales to Russia: Reports

Posted by in categories: computing, government, military

A silicon wasteland.


In a sign that the United States government’s export restrictions on semiconductor sales to Russia due to its war against Ukraine have been enacted swiftly, multiple reports have emerged today that both Intel and AMD have suspended chip sales to Russia. In addition, reports have also emerged that TSMC’s decision to participate in the sanctions will thwart Russia’s supply of homegrown chips. We have reached out to Intel, AMD, and Nvidia for comment.

The Russian media outlets also claim that the suspensions have been confirmed by the Association of Russian Developers and Electronics Manufacturers (ARPE). Additionally, Chinese IT companies are said to have been notified by Intel that sales to Russia have been banned.

Continue reading “Intel and AMD Halt Chip Sales to Russia: Reports” »

Feb 26, 2022

Tesla will allow other cars on its charging network in the U.S. but wants the government to pay for Superchargers, too

Posted by in categories: government, transportation

Tesla’s well-established Supercharger network would be a willing participant in the Infrastructure Bill’s US$7.5 billion effort to build 500,000 EV charging stations nationwide. In comments sent to the FHA, however, Tesla notes that it’d like its exclusive Supercharger stations to get the same grant treatment as any public stations it builds where non-Tesla cars can be charged.

Feb 23, 2022

Elon Musk’s Lawyer Accuses Government of “Leaking” Information About Him

Posted by in categories: Elon Musk, government, sustainability, transportation

Elon Musk’s back at it again, folks — and this time, his attorney is accusing the federal government of leaking.

Following up on his claim that the Securities and Exchange Commission was trying to harass him into silence, Musk’s attorney accused the commission of “leaking certain information” in an ongoing retaliation campaign against the Tesla and SpaceX CEO.

This alleged campaign supposedly began back in 2018, when the SEC investigated Musk for tweeting about selling Tesla stock at $420 a share and taking the company private, eventually charging him with misleading investors. Though that case was settled in 2018 after Musk and Tesla paid $20 million each in fines, new reporting about the commission subpoenaing the CEO in recent months has reignited the debacle.

Feb 22, 2022

NanoWire Tech Could Usher In a New Age of Supercomputing

Posted by in categories: economics, energy, government, nanotechnology, physics, supercomputing

Building a better supercomputer is something many tech companies, research outfits, and government agencies have been trying to do over the decades. There’s one physical constraint they’ve been unable to avoid, though: conducting electricity for supercomputing is expensive.

Not in an economic sense—although, yes, in an economic sense, too—but in terms of energy. The more electricity you conduct, the more resistance you create (electricians and physics majors, forgive me), which means more wasted energy in the form of heat and vibration. And you can’t let things get too hot, so you have to expend more energy to cool down your circuits.

Feb 19, 2022

Founder of collapsed $1.7 billion mutual fund charged with fraud

Posted by in categories: finance, government

In addition to securities fraud and obstruction of justice, James Velissaris has been charged with wire fraud and lying to auditors.


The founder and manager of a $1.7 billion mutual fund that collapsed last year has been charged by federal prosecutors with securities fraud and obstruction of justice for allegedly inflating fund asset values to keep investor money flowing, then falsifying records to conceal the improprieties.

The Infinity Q Diversified Alpha Fund halted investor redemptions in February 2021, roughly seven years after it was co-founded by James Velissaris, 37, its chief investment officer. A government inquiry began, Velissaris stepped down and the mutual fund and a parallel hedge fund he oversaw began liquidating.

Continue reading “Founder of collapsed $1.7 billion mutual fund charged with fraud” »

Page 64 of 229First6162636465666768Last