Latest about Tech Industry
Russia cracks down on 'illegal' cryptomining with prison terms up to five years
The Russian government plans to penalize 'illegal' mining of cryptocurrency to prison terms of up to five years.
U.S. cybersecurity experts plead guilty for ransomware attacks, face 20 years in prison each
These cybersecurity experts were hired to prevent the exact attacks they perpetrated.
SoftBank stakes $4B on securing AI data center power and capacity
Premium SoftBank has agreed to acquire DigitalBridge in a deal valuing the digital infrastructure investor at roughly $4 billion, including debt.
U.S. grants Samsung and SK hynix 2026 licenses for chipmaking tool shipments to China — annual approvals replace dated waiver system
The U.S. government has approved annual export licenses allowing Samsung Electronics and SK hynix to ship chipmaking equipment to their manufacturing facilities in China throughout 2026.
Chinese firms Bytedance and Tencent reportedly offer massive 150% pay increases and 35% bonuses to entice AI talent
Tech companies are spending more on AI-focused employees even as the rest of the industry is laying off hundreds of thousands.
100,000-Watt Iron Beam laser becomes world’s first drone defense zapper to be operationally deployed
The first Iron Beam laser defense system was deployed by Israel on Sunday. This 100kW laser weapon thus became the world’s first drone defense zapper to be operationally deployed.
China tells chipmakers to use homegrown chipmaking tools for 50% of new capacity
But there is a catch, or two.
