chinese companies

A former software engineer at Google has been charged with stealing artificial intelligence trade secrets from the company while secretly working with two companies based in China, the Justice Department said Wednesday.Linwei Ding, a Chinese national, was arrested in Newark, California, on four counts of federal trade secret theft, each punishable by up to 10 years in prison.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking &…

The corporate affairs ministry is probing various Chinese companies, especially those with links to loan apps, for alleged violations and some of the investigations are at an advanced stage, according to a senior official. In recent times, Indian authorities have been cracking down on entities that are operating loan apps illegally and the ministry has also been acting against companies and related individuals for hiding beneficial ownership. The senior official told PTI that enquiries by the ministry are going on against…

China's top memory chip maker YMTC said on Saturday its technology is not for military use after it was added to a Pentagon list of entities assisting China's military.Last week, the United States added more than a dozen Chinese companies to the list, created by the Defense Department to highlight firms it alleges are working with Beijing's military.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM…

Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone.The Shenzhen-based giant has been at the centre of an intense standoff between China and the United States, with Washington warning its equipment could be used for state espionage, an allegation the company denies. Sanctions since 2019 have cut the firm off from access to US-made components and…

The Biden administration plans to put over 30 Chinese companies on a trade blacklist. The Biden administration plans to put Yangtze Memory Technologies and more than 30 other Chinese companies on a trade blacklist that would prevent them from buying certain American components, deepening tensions between the world's two economic superpowers. The US Department of Commerce will add China's leading maker of memory chips and the others to the so-called Entity List as early as this week, according to a person familiar…