By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said Thursday it was adding seven Chinese supercomputing entities to a U.S. economic blacklist for assisting Chinese military efforts. The department is adding Tianjin Phytium Information Technology, Shanghai High-Performance Integrated Circuit Design Center, Sunway Microelectronics, the National … [Read more...] about U.S. adds Chinese supercomputing entities to economic blacklist
China EV battery maker Octillion looks to cash in on carbon neutral drive
HEFEI, China (Reuters) - China's push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV) to compete equally with standard cars by 2030 and drive the sector to new heights, the head of a leading Chinese EV battery maker said. "Obviously, battery cost is the main driver," said Peng Zhou, chief executive of Octillion Power … [Read more...] about China EV battery maker Octillion looks to cash in on carbon neutral drive
London Stock Exchange investigates two-hour Refinitiv outage
(Corrects GMT time for start of outage) LONDON (Reuters) -The London Stock Exchange Group said on Thursday it was investigating a lengthy outage at its newly-acquired Refinitiv market data unit. The outage at Refinitiv's Eikon platform for market prices began around 0730 GMT. Subscribers who rely on its data for trading currencies and other assets, said on Twitter they were … [Read more...] about London Stock Exchange investigates two-hour Refinitiv outage
GameStop to elect Cohen as chairman following annual meeting
(Reuters) - GameStop Corp, which has been part of a recent Reddit-driven trading frenzy, said on Thursday it intends to elect Ryan Cohen, the videogame retailer's biggest shareholder and board member, as chairman following its annual meeting. Shares of GameStop were up about 3% in premarket trading. The company also said it was nominating six people to stand for election to … [Read more...] about GameStop to elect Cohen as chairman following annual meeting
Europe should invest in chip design, not a mega-fab: think tank
By Douglas Busvine BERLIN (Reuters) - Europe's ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank said in a report on Thursday, urging policy makers to focus instead on rebuilding the region's chip design industry. The EU executive's new goal of doubling its global semiconductor share by 2030 is doomed to fail because the … [Read more...] about Europe should invest in chip design, not a mega-fab: think tank
