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☆ Columbia protesters' demands have worked before. This time may be different.
▼ + stars: | 2024-04-30 | by ( Paul Squire | ) www.businessinsider.com time to read: +9 min

Read previewThe unrest at Columbia University isn't showing signs of slowing down. In the 1980s, student protesters at Columbia took over the same building and called for divestment of the Ivy League school's investments over a different cause: South African apartheid. Student protesters at the 1985 demonstrations at Columbia University. Protesters there locked and chained the doors to Hamilton Hall — the same building now occupied by pro-Palestinian protesters — and demanded the school completely divest from South Africa. A more fraught situationOn its website, the Columbia University Apartheid Divest group likened itself to the protests from nearly 40 years ago.

Persons: —, It's, Lockheed Martin, Alex Kent, Joe Biden, Mike Johnson, she's, Barbara Alper, didn't, Ronald Reagan, Biden, Benjamin Netanyahu, Netanyahu, Nemat, Shafik, Nicholas Dirks, Divesting, Christopher Marsicano, Al, Marsicano Organizations: Service, Columbia University, Columbia, Ivy League, Business, Lockheed, Boeing, NPR, Hamilton Hall, Getty, Columbia University Apartheid, White, Student, New York Times, Times, Coalition, Columbia Spectator, Spectator, The New York Times, Hamas, University, Socially, University of California, CNN, North Carolina's Davidson College Locations: Israel, Gaza, Columbia, divesting, Hamilton, South Africa, Vietnam, Rafah, Berkeley, Al Jazeera

☆ Opinion: What we may never understand about O.J. Simpson
▼ + stars: | 2024-04-11 | by ( Gene | Opinion Gene Seymour | ) edition.cnn.com time to read: +13 min

Walter Iooss Jr./Sports Illustrated via Getty Images Simpson competes during a track event at the University of Southern California in 1967. Focus On Sport via Getty Images Simpson gets ice applied to his bandaged right foot from his wife Marguerite in 1967. Bettmann Archive/Getty Images Simpson poses with the Heisman Memorial Trophy after receiving the award in 1968. Bettmann Archive/Getty Images Simpson is brought down by another football player during the Hula Bowl in 1969. ABC Photo Archives/Disney General Entertainment Content via Getty Images Simpson acts in a scene from the 1978 film "Capricorn One."

Persons: Gene Seymour, Orenthal James Simpson, Gene Seymour Jeremy Freeman, we’ve, We’ll, Simpson, Jim Brown, Muhammad Ali, Bill Russell, “ I’m, acclimate, Simpson’s, Nicole Brown Simpson, Ronald Goldman, O.J, Bundy, Vince Bucci, Malcolm W, Emmons, Walter Iooss Jr, Marguerite, Arnelle, Tony Tomsic, Jason, Michael Ochs, Lola Falana, Richard Burton, Everett, George Gojkovich, Bruce Bennett, Jim Ringo, LeVar Burton, Gilda Radner, Jane Curtin, Joe Namath, Frank Gifford, Mickey Pfleger, Nicole, Adam, PhotoQuest, Vinnie Zuffante, Leslie Nielsen, George Kennedy, Al Cowlings, Ford Bronco, Simpson's, Ronald Lyle Goldman, Allen J, Simpon, Cowling, Ron Galella, Chris O'Meara, Robert Kardashian, Alvin Michelson, Kardashian, Barbara Alper, Johnnie Cochran , Jr, Myung J, Chun, Reuters Simpson, Wilfredo Lee, Colin Braley, Christy Prody, Frazer Harrison, Jason Bean, Brooke Keast, AP Simpson, Jeffrey T, Barnes, Brown, O.J . Simpson, Mark Fuhrman Organizations: The New York Times, Newsday, Entertainment, The Washington, CNN, University of Southern, LA Coliseum, Fame, Getty, Sporting, USC, Bettmann, UCLA, Buffalo Bills, USA, Michael Ochs Archives, New York Jets, NFL, ABC, Disney, Warner Bros, San Francisco 49ers, AP, United, Paramount, Everett, Ford, Los Angeles Times, Los Angeles Police, New York Daily News, Los Angeles Daily, AP Simpson, Reuters, Lovelock Correctional, Nevada Department of Corrections, Goldman, Los Angeles Police Department Locations: University of Southern California, San Francisco, O.J, Los Angeles, Simpson, AFP, Hollywood, California, Cowlings, Simpson's Brentwood , California, Tampa , Florida, Los, Surrey, England, Miami, Dade County, Lovelock , Nevada, Las Vegas, Lovelock, Nevada

☆ Ilia Malinin: Record-breaking American teen lands quadruple axel as he wins first ever World Figure Skating title
▼ + stars: | 2024-03-24 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —For every other figure-skater, landing a quadruple axel lies outside the realms of possibilities, attempted but never accomplished by an endless parade of skating greats. For American teenage prodigy Ilia Malinin though, they are simply part of his routine. And landing one on Saturday propelled him to his first ever world title after a record-breaking performance in the free skate at the World Figure Skating Championship. I am so glad to be here on top right now.”Ilia Malinin won his first world title. His gold medal was the US’s second at this World Championships after Madison Chock and Evan Bates won the ice dance earlier on Saturday.

Persons: axel, Ilia Malinin, –, ” Malinin, “, ” Ilia Malinin, Mert Alper, France’s Adam Siao Him, ’, Malinin, Madison Chock, Evan Bates Organizations: CNN, International Skating Union, Anadolu Agency, Madison Locations: “, Japan’s Kagiyama Yuma

☆ Deanna Stellato-Dudek is now the oldest woman to win a World Figure Skating Championship - and has a message for non-athletes
▼ + stars: | 2024-03-23 | by ( Holly Yan | ) edition.cnn.com time to read: +7 min

With her partner Maxime Deschamps, the 40-year-old former retiree defeated athletes less than half her age and became the oldest woman to win a World Figure Skating Championship. Deschamps throws Stellato-Dudek into a triple twist during the pairs' free skate portion of the 2024 World Figure Skating Championships. While elite singles skating often rewards youth – requiring immense stamina to pull off quadruple jumps or triple-triple jump combinations – pairs skating comes with its own hazards. Minas Panagiotakis/Getty ImagesBeing the oldest female world champion was “not something that I ever set out to do when I came back to skating,” Stellato-Dudek said after her victory. Stellato-Dudek and Deschamps won their world championship in front of a rapturous home crowd in Montreal on Thursday.

Persons: Deanna Stellato, Dudek, Maxime Deschamps, Deschamps, Stellato, it’s, “, ”, ” ‘, ’, Minas, who’s, Nathan Bartholomay, Dudek “, I’d, Beverley Smith, Deschamps captivate, ” Stellato, Minerva Fabienne Hase, Hase, “ Deanna, ” Hase, “ I’m, Mert Alper, Smith Organizations: CNN, Minas Panagiotakis, ISU Junior, CBC, NBC Sports, Getty Locations: Stellato, Chicago, Florida, Canada, Quebec, Montreal, German, Canadian, Anadolu

ISTANBUL (AP) — Turkey’s first astronaut returned home to a hero’s welcome Monday, portrayed as a symbol of the country’s advances in technology and aerospace. Alper Gezeravci was greeted by bouquet-laden children at Ankara’s Esenboga Airport as he returned from a private three-week mission to the International Space Station. His space flight, for which Turkey paid roughly $55 million, was the third such journey organized by Houston-based Axiom Space with NASA and SpaceX. A new page has been opened in space science and technologies for Turkey.”Turkey established its own space agency in 2018, and said it will land on the moon by 2026. They enjoyed a few extra days at the space station, waiting for the weather to improve in the splashdown zone.

Persons: — Turkey’s, Gezeravci, Recep Tayyip Erdogan, Erdogan, “, Mehmet Fatih Kacir, Walter Villadei, Sweden’s Marcus Wandt, Michael Lopez, Alegria Organizations: Ankara’s, International Space, Turkey, NASA, SpaceX, ” Industry, Technology Locations: ISTANBUL, Turkish, Turkey, ”, Florida, Houston, ” Turkey

CAPE CANAVERAL, Fla. (AP) — Astronauts from Turkey, Italy and Sweden returned to Earth on Friday, ending a private three-week mission to the International Space Station. A former fighter pilot and captain for Turkish Airlines, he became the first person from his country to fly in space. It was Axiom’s third private mission to the space station; the fourth is planned later this year. Photos You Should See View All 21 ImagesBefore leaving the space station, Gezeravci thanked his country for its “bold and determined decision” to send a citizen into space as part of its 100th anniversary as a republic. They enjoyed a few extra days at the space station, waiting for the weather to improve in the splashdown zone.

Persons: Alper, Gezeravci, Walter Villadei, Sweden’s Marcus Wandt, Michael Lopez, Alegria Organizations: International Space, NASA, Houston, SpaceX, Cape Canaveral, Turkish Airlines, Italian Air Force, European Space Agency, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Turkey, Italy, Sweden, Florida, Cape

☆ Four Astronauts, Including Turkey's First, Arrive at Space Station
▼ + stars: | 2024-01-20 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

By Steve Gorman(Reuters) - A four-man crew including Turkey's first astronaut arrived at the International Space Station (ISS) early on Saturday for a two-week stay in the latest such mission arranged entirely at commercial expense by Texas-based startup company Axiom Space. The rendezvous came about 37 hours after the Axiom quartet's Thursday evening liftoff in a rocketship from NASA's Kennedy Space Center in Cape Canaveral, Florida. Once the astronauts reach the space station, they fall under the responsibility of NASA's mission control operation in Houston. The multinational team was led by Michael López-Alegría, 65, a Spanish-born retired NASA astronaut and Axiom executive making his sixth flight to the space station. Axiom also is one of a handful of companies building a commercial space station of its own intended to eventually replace the ISS, which NASA expects to retire around 2030.

Persons: Steve Gorman, Turkey's, NASA's, Michael López, Axiom's, Walter Villadei, Marcus Wandt, Alper Gezeravcı, David Evans Organizations: Reuters, Space, NASA's Kennedy Space Center, Elon, SpaceX, NASA, Italian Air Force, European Space Agency, Turkish Air Force, ISS Locations: Texas, Cape Canaveral , Florida, Houston, Spanish, Japan, Denmark, U.S, Canada, Los Angeles

☆ SpaceX launches first Turkish astronaut aboard private European space mission
▼ + stars: | 2024-01-18 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —A SpaceX rocket took off for the International Space Station on another trailblazing mission operated entirely by the private sector. On board is a group of European astronauts, including the first person from Turkey to visit outer space. Thursday’s flight is the first Axiom mission in which a government or space agency has purchased all the seats. Courtesy of Axiom SpaceThe European Space Agency and the Swedish National Space Agency arranged Wandt’s ticket. Axiom is one of several companies that has plans eventually to build its own private space station.

Persons: NASA —, Benji Reed, NASA’s, Walter Villadei, Marcus Wandt, Michael López, ”, Alegría, Frank De Winne, —, Michael Suffredini, Matt Ondler Organizations: CNN, SpaceX, International, NASA, United, International Space, NASA’s Kennedy Space Center, Space Agency’s, Private, European Space Agency, Swedish National Space Agency, Villadei’s, ESA, European Astronaut Centre, ISS, Space, Research Locations: Turkey, United States, Florida, Houston, Cologne, Germany

CAPE CANAVERAL, Fla. (AP) — Turkey’s first astronaut along with a Swede and Italian launched Thursday to the International Space Station on a chartered SpaceX flight. Their escort on the trip: A retired NASA astronaut who now works for the company that arranged the private flight. Their capsule should reach the space station on Saturday. Russia has been welcoming paid visitors to the space station for more than two decades; NASA didn't until two years ago. With them is Michael Lopez-Alegria, who launched four times as a NASA astronaut before joining Axiom Space and escorting its first chartered flight.

Persons: — Turkey’s, NASA’s, NASA didn't, Alper, ”, Sweden’s Marcus Wandt, Walter Villadei, Michael Lopez, Alegria, “ Organizations: International, SpaceX, NASA’s Kennedy Space Center, NASA, Houston, Turkish Airlines, Swedish Aeroplane Corp, European Space Agency, Italian Air Force, Virgin Galactic, Space, Control, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Italian, Russia, Turkey, Sweden, Italy

☆ A McDonald's cashier who has worked for the company since before the invention of Happy Meals and McNuggets is finally retiring at 84
▼ + stars: | 2024-01-15 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Dot Sharp worked at a McDonald's restaurant in Pennsylvania for 45 years. Dot Sharp started working at the McDonald's restaurant in Gibsonia, Pennsylvania, on September 7, 1978, and served her final customer – her granddaughter – on January 12, 2024. "I'm really sad about that because it's not so much the food, it's the people," Sharp told ABC-affiliate WTAE. During her tenure at the company, she witnessed the introduction of Happy Meals, McNuggets, and McFlurries. An employee makes notes at the counter at a McDonald's restaurant in Southfield, Michigan, July 1978.

Persons: Dot Sharp, Sharp, —, –, it's, McDonald's, Kerry Ford, Meghan Sweeney, Barbara Alper Organizations: Service, ABC, Tri County Management Locations: Pennsylvania, Gibsonia , Pennsylvania, Southfield , Michigan, Michigan

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. The agreement is non-binding and carries mostly general recommendations such as monitoring AI systems for abuse, protecting data from tampering and vetting software suppliers. In addition to the United States and Britain, the 18 countries that signed on to the new guidelines include Germany, Italy, the Czech Republic, Estonia, Poland, Australia, Chile, Israel, Nigeria and Singapore. It does not tackle thorny questions around the appropriate uses of AI, or how the data that feeds these models is gathered. Europe is ahead of the United States on regulations around AI, with lawmakers there drafting AI rules.

Persons: Dado Ruvic, Biden, Raphael Satter, Diane Bartz, Alexandra Alper, Deepa Babington Organizations: REUTERS, Rights, Sunday, Cybersecurity, Infrastructure Security Agency, Congress, White, Thomson Locations: United States, Britain, U.S, Germany, Italy, Czech Republic, Estonia, Poland, Australia, Chile, Israel, Nigeria, Singapore, Europe, France

☆ Biden removes sanctions from Chinese institute in push for fentanyl help
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

Washington put the institute on the list in 2020 over alleged abuses against Uyghurs and other minority groups, effectively barring it from receiving most goods from U.S. suppliers. Former Chinese ambassador to the U.S. Qin Gang in an interview last year described it as "shocking" the U.S. would sanction the institute, which he described as essential to controlling fentanyl. The Chinese embassy in Washington did not immediately respond to a request for comment. As part of the meeting, the men agreed to cooperate on addressing the source of the opioid fentanyl, with China promising to go directly after specific chemical companies that make fentanyl precursors. Reporting by Paul Grant and Alexandra Alper; Editing by Doina Chiacu, Chizu Nomiyama and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Joshua Roberts, Biden, U.S . Qin Gang, Xi Jinping, Paul Grant, Alexandra Alper, Doina Chiacu, Chizu Nomiyama, Josie Kao Organizations: of Commerce, REUTERS, Rights, Ministry of Public Security’s Institute of Forensic Science, U.S . Qin, Reuters, Economic Cooperation, U.S . Centers for Disease Control, Prevention, Federal Register, Commerce, Defense, Energy, Treasury, Thomson Locations: Washington , U.S, Beijing, United States, Washington, U.S, San Francisco, Asia, China, State

☆ China receives US equipment to make advanced chips despite new rules-report
▼ + stars: | 2023-11-14 | by ( Alexandra Alper | ) www.reuters.com time to read: +3 min

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - Chinese companies are buying up U.S. chipmaking equipment to make advanced semiconductors, despite a raft of new export curbs aimed at thwarting advances in the country's semiconductor industry, a congressional report said on Tuesday. China watchers had theorized that SMIC could have made the chip with equipment obtained prior to the October 2022 rules, but it had other options for obtaining the equipment from oversees, the report shows. The United States managed to plug a key loophole in its efforts to stymie China's access to advanced chipmaking tools by convincing allies Japan and the Netherlands, with similarly robust chipmaking equipment industries, to announce their own restrictions on exports of the coveted technology. China's imports of semiconductor equipment from all countries totaled $13.8 billion (RMB 100 billion) over the first eight months of 2023, it added.

Persons: Florence Lo, United States scrambles, SMIC, Alexandra Alper, Chizu Organizations: REUTERS, Rights, U.S, Biden, Commerce Department, Huawei, SMIC, United, Office, Thomson Locations: China, U.S, United States, Netherlands, Japan

Arctic-2 LNG has been expecting to start exporting soon and it is uncertain how much Russian LNG would be blocked by the new measures. The largest Russian LNG producer Novatek (NVTK.MM) said in September it would start shipments from Arctic-2 LNG early next year. The State Department said Zakharov is the creator and designer of the drones. "And every sanctions decision must work in full, so that there is no chance for Russia to bypass them." The State Department also imposed sanctions on multiple defense-related entities and procurement companies in the UAE.

Persons: Volodymyr Zelenskiy, Joe Biden, Doug Mills, Biden, Vladimir Putin, Antony Blinken, Aleksandr Zakharov, Zakharov, Andriy Yermak, Yermak, Daphne Psaledakis, Timothy Gardner, Alexandra Alper Mike Stone, Karen Freifeld, Yuliia Dysa, Ron Popeski, Nick Zieminski, Diane Craft Organizations: U.S, White, Rights, Moscow, State Department, Commerce Department, United Arab, Treasury Department, Systems, Treasury, Russian LNG, European, ZALA Aero, Russian Ministry of Defense, The State Department, Russian Federation, Washington, Turkish, UAE . Construction, Thomson Locations: Washington , U.S, United States, Ukraine, Siberia, Washington, Russian, U.S, United Arab Emirates, Turkey, China, Russia, Moscow, Crimea, Europe, European Union, Ukrainian, ZALA, UAE, New York, Gdansk, Beijing

☆ Goldman Sachs Veteran to Become CEO of Asset-Management Firm
▼ + stars: | 2023-10-23 | by ( Cara Lombardo | ) www.wsj.com time to read: 1 min

Goldman Sachs has seen several executives depart recently to join other firms. Photo: Marissa Alper for The Wall Street JournalGoldman Sachs veteran Luke Sarsfield , one of several executives to leave the bank recently, is set to become chief executive of asset manager P10 . Dallas-based P10, which specializes in so-called alternative investments, plans to announce the move Monday, people familiar with the matter said.

Persons: Goldman Sachs, Marissa Alper, Luke Sarsfield Organizations: Wall Street Locations: Dallas

☆ What if Wall Street Doesn’t Bounce Back?
▼ + stars: | 2023-10-19 | by ( Telis Demos | ) www.wsj.com time to read: 1 min

A lot is riding on megabanks’ highly profitable Wall Street arms to help sustain returns as deposit costs rise and credit losses emerge. Photo: Marissa Alper for The Wall Street JournalBankers tend to turn into gardeners when talking about the continuing dearth of mergers and other investment-banking deals. They mention “green shoots,” in the form of an acquisition here, or an initial public offering there, as hopeful signs of regrowth. But this analogy might be too delicate for today’s world. Between the low-growth economic outlook, surging Treasury yields and wars in Israel and Ukraine, the risk isn’t just that the soil is a bit dry.

Persons: Marissa Alper, ” Organizations: Wall Street Locations: Israel, Ukraine

☆ Wall Street’s Green Shoots Risk Wilting
▼ + stars: | 2023-10-19 | by ( Telis Demos | ) www.wsj.com time to read: 1 min

Persons: Marissa Alper, ” Organizations: Wall Street Locations: Israel, Ukraine

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Reuters reported in June that the very AI chips barred by prior regulations could be purchased from vendors in China's Shenzhen. AI capabilities, aided by supercomputing and advanced chips, improve the speed and accuracy of military decision-making, planning and logistics, according to the regulations released Tuesday. LICENSING EXPANDEDThe new measures also expand licensing requirements for exports of advanced chips to more than 40 additional countries that present risks of diversion to China and are subject to U.S. arms embargoes. "We don’t think incremental semiconductor equipment restrictions are likely to have significant long term effects" on equipment suppliers, Wolfe Research said in a client note.

Persons: Florence Lo, Biden, Moore, Gina Raimondo, Biren, ASML, Lam, Raimondo, Jake Sullivan, Janet Yellen, Alexandra Alper, Karen Freifeld, Stephen Nellis, David Shepardson, Max A, Chris Sanders, Jamie Freed, Daniel Wallis Organizations: REUTERS, Rights, Nvidia, Beijing, Commerce, Reuters, Georgetown University's Center for Security, Emerging Technology, Xilinx, Intel, supercomputing, HIT, AMD, U.S, Lam, Applied Materials, Wolfe Research, Semiconductor Industry Association, Thomson Locations: China, U.S, Iran, Russia, Beijing, China's Shenzhen, Georgetown, CHINA, Macau, Netherlands

☆ Explainer: Biden combines billions in chipmaking grants with China curbs to keep US ahead
▼ + stars: | 2023-10-17 | by ( Alexandra Alper | ) www.reuters.com time to read: +4 min

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. Those rules aimed to stem the flow of high-end American artificial intelligence chips and chipmaking tools into China. The United States has been locked in a technology war with China since former President Trump blacklisted Chinese telecoms giant Huawei in 2019. BILLIONS FOR CHIPSThe United States, meanwhile, has been helping non-Chinese chipmakers negotiate with states like Arizona, Texas and New York to set up shop or grow existing operations. According to the Semiconductor Industry Association, the share of global semiconductor manufacturing capacity in the U.S. has decreased from 37% in 1990 to 12% in 2022.

Persons: Florence Lo, Biden, Emily Kilcrease, Trump, Joe Biden, ”, Peter Harrell, TSMC, Alexandra Alper, Jonathan Oatis Organizations: REUTERS, Rights, U.S, Center, New, New American Security, Trade Representative, United, Huawei, Biden, chipmaker Micron, Semiconductor Industry Association, Samsung, Intel, Companies, Chips, Science, Thomson Locations: China, United States, New American, U.S, Arizona , Texas, New York, South, Ohio, Taiwan

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. The rules restrict a broader swathe of advanced chips and chipmaking tools to a greater number of countries including Iran and Russia, and blacklist Chinese chip designers Moore Threads and Biren. Nvidia's business has soared since the imposition of last year's rules because its China-only chips are still better than alternatives. LICENSING EXPANDEDThe new measures also expand licensing requirements for exports of advanced chips to more than 40 additional countries that present risks of diversion to China and are subject to U.S. arms embargoes. The Biden administration also hit 21 countries outside China with a licensing requirement for chipmaking tools.

Persons: Florence Lo, Biden, Moore, Gina Raimondo, " Raimondo, Biren, ASML, Raimondo, Jake Sullivan, Janet Yellen, Alexandra Alper, Karen Freifeld, Stephen Nellis, David Shepardson, Max A, Chris Sanders, Jamie Freed, Daniel Wallis Organizations: REUTERS, Rights, Nvidia, Commerce, HIT, AMD, Intel, U.S, Lam Research, Materials, Embassy, Semiconductor Industry Association, Thomson Locations: China, U.S, Beijing, Iran, Russia, United States, CHINA, Macau, Netherlands, Washington

China's Ministry of Commerce has previously accused the U.S. of abusing export controls and called for it to "stop its unreasonable suppression of Chinese companies." Washington has been working to close other loopholes that allow the AI chips into China. In August, it told Nvidia and AMD to restrict shipments of the AI chips beyond China to other regions, including some countries in the Middle East. Sources said the new rules on AI chips expected this month will likely apply those same restrictions more broadly to all companies in the market. But sources say the Biden administration is grappling with that issue as well.

Persons: Florence Lo, Biden, Greg Allen, Hanna Dohmen, George, CSET, Timothy Fist, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, United, Reuters, Center for Strategic, International Studies, Commerce Department, Embassy, China's Ministry of Commerce, U.S, Georgetown University's Center for Security, Emerging Technology, International Affairs, George Washington University’s School of International Affairs, Nvidia, Xilinx, Intel, AMD, Amazon Web Services, Washington, New, New American Security, Thomson Locations: United States, Beijing, China, U.S, Shenzhen . Washington, Singapore, Washington, Georgetown, Microsemi . Washington, New American

☆ US allows Samsung, SK Hynix to keep getting US tools in China
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. The authorization allows them to continue their Chinese chipmaking operations without the headache of applying for U.S. licenses to get new equipment, after new rules issued last October curbed Chinese chipmakers' access to the coveted tools. The October 2022 rules restricted shipments of advanced chips and chipmaking equipment to China as part of a U.S. bid to slow China's technological and military advances. Samsung Electronics makes about 40% of its NAND flash chips at its plant in Xian, China, while SK Hynix makes about 40% of its DRAM chips in Wuxi and 20% of its NAND flash chips in Dalian. The companies together controlled nearly 70% of the global DRAM market and 50% of the NAND flash market as of the end of June, data from TrendForce showed.

Persons: Florence Lo, Karen Freifeld, Chris Sanders, Alexandra Alper, Susan Heavey, Doina Chiacu, Jonathan Oatis Organizations: REUTERS, Rights, United, South Korea's SK Hynix, Samsung, U.S, Commerce Department, Taiwan Semiconductor Manufacturing, Samsung Electronics, SK Hynix, Thomson Locations: China, U.S, Nanjing, Xian, Wuxi, Dalian, TrendForce

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsOct 11 (Reuters) - A U.S. rule that restricts shipments of certain advanced chips to China has been revised and is under final review, according to a government posting, suggesting that further curbs on chips that can be used for artificial intelligence are coming soon. Reuters exclusively reported last week that U.S. officials had warned China to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The rule restricting exports of chipmaking equipment was posted for review last week, Reuters reported on Oct. 5. The regulation on controls on high-end chips, advanced computing integrated circuits (ICs), and supercomputing was received for review on Oct. 10, according to the Office of Management and Budget website.

Persons: Florence Lo, Karen Freifeld, Alexandra Alper, Josie Kao Organizations: REUTERS, Reuters, U.S . Department of Commerce, supercomputing, Management, Export, OMB, of State , Defense, Commerce, Energy, Thomson Locations: China, U.S

☆ US curbs on chip tools to China nearly finalized, government posting shows
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

[1/2] Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Reuters exclusively reported on Monday that U.S. officials had warned China in recent weeks to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The updates would add restrictions and close loopholes in rules first unveiled on Oct. 7, 2022, sources say. A person familiar with the matter, who requested anonymity, confirmed the posting refers to the expected restriction on sending chipmaking tools to China. An anticipated companion rule updating restrictions on exports of high-end chips used for artificial intelligence has yet to be posted by the government.

Persons: Florence Lo, Biden, Karen Freifeld, Alexandra Alper, Anna Driver Organizations: REUTERS, Reuters, Washington, Export, Semiconductor Manufacturing, Management, Budget, OMB, of State , Defense, Commerce, Energy, U.S . Department of Commerce, Thomson Locations: of China, U.S, China, Beijing

The Commerce Department, which oversees export controls, is working on an update of export restrictions first released last year. "The PRC has been expecting an update around the one year anniversary, based on conversations with administration officials," the U.S. official said, using the abbreviation for People's Republic of China. U.S. officials provided the information to Chinese counterparts in recent weeks, the official said, which Reuters is reporting for the first time. The Biden administration has also sent a series of high-level officials to China, including Commerce Secretary Gina Raimondo in August. Treasury Secretary Janet Yellen also gave Chinese officials a warning in July about restrictions on U.S. investment in China released in August.

Persons: Florence Lo, Biden, Gina Raimondo, Jake Sullivan, Wang Yi, Liu Pengyu, Peter Harrell, Janet Yellen, Xi, ASML, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, Beijing, U.S, Commerce Department, People's, Reuters, National, Foreign, of Commerce, White House, Economic Cooperation, Thomson Locations: China, WASHINGTON, People's Republic of China, Beijing, U.S, United States, Washington, Asia, San Francisco, Bali, India, Netherlands, Japan

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