TSMC says still in talks about subsidies for new U.S. plant
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is still in talks with the U.S. government about subsidies for its new plant in Arizona, chairman Mark Liu said on...
Read MoreAuthor: Reuters
Chinese telecom firms urge FCC not to revoke ability to operate in U.S.
The U.S. units of China Telecom Corp’s and China Unicom urged the Federal Communications Commission (FCC) not to revoke the company’s nearly two-decade old authorization to provide international telecommunications...
Read MoreIBM exits facial recognition business, calls for police reform
International Business Machines Corp disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive...
Read MoreChina’s troubled Baoshang rescue exposes fault lines in bank reform drive
In May 2019, China’s central bank announced a shock takeover of a lender, its first such move in 20 years, citing “serious credit risks”. Creditors in small Baoshang Bank were to take a hit, assets would be...
Read MoreTSMC says planned U.S. factory in line with company’s interests
Taiwan Semiconductor Manufacturing Co Ltd’s planned factory in the United States is “definitely in line with” the company’s interests, Chairman Mark Liu told investors on...
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