The White House said Tuesday it backs a bill in Congress to give the Biden administration new powers to ban Chinese-owned video app TikTok and other foreign technologies that could pose security threats. White House National Security Advisor Jake Sullivan said the bipartisan bill sponsored by a dozen senators “would Read more…
In late January, a geothermal power startup began conducting an experiment deep below the desert floor of northern Nevada. It pumped water thousands of feet underground and then held it there, watching for what would happen. Geothermal power plants work by circulating water through hot rock deep beneath the surface. Read more…
Meta, the owner of Facebook andInstagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter. The world’s largest social networking company is eliminating more jobs, on top of a 13% reduction in November, in Read more…
Germany’s government is planning on forbidding telecoms operators from using certain components from Chinese companies Huawei and ZTE in their 5G networks, German paper Zeit Online reported on Monday. The ban could include components already built into the networks, requiring operators to remove and replace them, Zeit Online wrote, citing Read more…
Silicon Valley VCs fearing a repeat of falling crypto values warn against pouring cash into hype-fuelled start-ups. Gordon Ritter, founder of San Francisco-based venture fund Emergence Capital, believes that recent developments in the field of artificial intelligence represent a significant technological advance. He just cannot see a way to make Read more…