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The Biden administration has been under pressure domestically to rein in tech giants including Meta Platforms. Photo: Godofredo A. Vásquez/Associated PressWASHINGTON—The Biden administration’s abrupt shift on global technology rules has weakened a critical Asia trade agreement that was intended to help counter China’s growing clout in the region. Rules facilitating digital trade, including the cross-border transfer of data on customers and supply chains, were expected to be a centerpiece of what is called the Indo-Pacific Economic Framework, or IPEF, a U.S.-led group of 14 nations. But the U.S. recently withdrew its support for those provisions, a decision that cut against the desires of some Asian allies who see common rules governing business data as a cornerstone building block for economic cooperation.
Persons: Biden, Associated Press WASHINGTON — Organizations: Meta, Associated Press WASHINGTON, U.S . Locations: Asia, U.S
Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications. The facilities—which have yet to be disclosed publicly—would be explicitly designated as a “secure enclave,” according to people familiar with the development. The goal is to reduce the U.S. military’s dependence on chips imported from East Asia, particularly Taiwan, which some say is vulnerable to Chinese invasion.
Persons: WSJ’s Asa Fitch Organizations: Intel, AMD Locations: , East Asia, Taiwan
What If Men Could Make Their Own Egg Cells?
  + stars: | 2023-10-27 | by ( Amy Dockser Marcus | ) www.wsj.com   time to read: 1 min
The Japanese biologist Katsuhiko Hayashi said earlier this year that he believes it will be possible to create a human egg from skin cells within a decade. He and his colleagues have already turned skin cells from male mice into mouse eggs and used them to breed baby mice. Matt Krisiloff , chief executive officer of Conception Biosciences, has dozens of scientists working at a lab in Berkeley, Calif., trying to make eggs outside ovaries. Such a technique could allow women to have biological children later in life.
Persons: Katsuhiko Hayashi, Matt Krisiloff Organizations: Conception Biosciences Locations: Berkeley, Calif
The bargain shopping app of Shein, which also hosts bricks-and-mortar pop-ups, is raising concerns in the U.S. Photo: Allen J. Schaben/Los Angeles Times/Getty ImagesA law that allows low-price packages to enter the U.S. duty-free and with little customs scrutiny has enabled the breakneck growth of two e-commerce companies with roots in China, Shein and Temu. Packages valued under $800 can enter the U.S. under simplified procedures known as the de minimis exemption. Lawmakers and some U.S. businesses say it is a loophole that the Chinese companies are using at a huge scale, allowing shipments of products that are unsafe or made with forced labor, while avoiding taxes.
Persons: Allen J Organizations: Los Angeles Times Locations: U.S, China
Japan's Denso to invest $3.3 billion to bulk up chips business
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +1 min
Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsTOKYO, Oct 26 (Reuters) - Japanese automotive supplier Denso (6902.T) will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company's president said on Thursday. Thus, we will forge strategic partnerships with various companies," Denso President Shinnosuke Hayashi said at the Japan Mobility Show, which officially opened on Thursday. The company will hire new employees to specialise in electrification and software and also move staff from mature businesses to electrification and software, he said. ($1 = 150.1900 yen)Reporting by Daniel Leussink; Editing by David Dolan, Jamie Freed and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.
Persons: Florence Lo, Shinnosuke Hayashi, Daniel Leussink, David Dolan, Jamie Freed, Edwina Gibbs Organizations: REUTERS, Rights, Denso, Toyota, Taiwan Semiconductor Manufacturing, Sony, Japan, Thomson Locations: Japan
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/u-s-tightens-curbs-on-ai-chip-exports-to-china-widening-rift-with-u-s-businesses-3b9983df
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/national-security/u-s-blacklists-28-entities-from-china-russia-and-other-countries-citing-national-security-risks-67233a54
Persons: Dow Jones Locations: russia
But in the regions voting, electoral competition was limited, as strong candidates, including some from Russia's main opposition Communist Party, were blocked from running by authorities. Across the country, United Russia won every provincial governor's race it contested. Among the regional chiefs re-elected was powerful Moscow Mayor Sergei Sobyanin, a close Putin ally. Similar systems have been rolled out in many other Russian regions. According to Russian officials, United Russia received large majorities in the regions, taking at least 70% of the vote in each.
Persons: Vladimir Putin, Europe's, Putin, Stanislav Andreychuk, Andreychuk, Sergei Sobyanin, Sobyanin, Yoshimasa Hayashi, Moscow's, Felix Light, Lidia Kelly, Leslie Adler Organizations: Reuters, of Europe, Putin's United, Communist Party, United Russia, Kyiv, United Locations: Russia, Ukraine, Kyiv, Ukraine's, Putin's United Russia, Russian, Moscow, Kremlin, Donetsk, Luhansk, Zaporizhzhia, Kherson, United Russia, Bakhmut, Tbilisi, Melbourne
But in the regions voting, electoral competition was limited, as strong candidates, including some from Russia's main opposition Communist Party, were blocked from running by authorities. Across the country, United Russia won every provincial governor's race it contested. Among the regional chiefs re-elected was powerful Moscow Mayor Sergei Sobyanin, a close Putin ally. Similar systems have been rolled out in many other Russian regions. According to Russian officials, United Russia received large majorities in the regions, taking at least 70% of the vote in each.
Persons: Vladimir Putin, Europe's, Putin, Stanislav Andreychuk, Andreychuk, Sergei Sobyanin, Sobyanin, Yoshimasa Hayashi, Moscow's, Felix Light, Lidia Kelly, Leslie Adler Organizations: of Europe, Putin's United, Communist Party, United Russia, Kyiv, United, Thomson Locations: Russia, Ukraine, Kyiv, Ukraine's, Putin's United Russia, Russian, Moscow, Kremlin, Donetsk, Luhansk, Zaporizhzhia, Kherson, United Russia, Bakhmut, Tbilisi, Melbourne
Japan's Foreign Minister Yoshimasa Hayashi speaks during a press conference with Egyptian Foreign Minister Sameh Shoukry (not pictured) in Cairo, Egypt September 5, 2023. REUTERS/Mohamed Abd El Ghany/file photo Acquire Licensing RightsTOKYO, Sept 9 (Reuters) - Japanese Foreign Minister Yoshimasa Hayashi will meet his Ukrainian counterpart Dmytro Kuleba in Kyiv on Saturday, the Japanese foreign ministry said. In his talks with Kuleba, Hayashi will reiterate Japan's firm support of Ukraine and address its involvement in the international community to end Russia's invasion of Ukraine as soon as possible, the ministry said in a statement. Hayashi is accompanied by executives of Japanese firms, including Hiroshi Mikitani, founder and chief executive Rakuten Group (4755.T), the ministry said. Japan's Prime Minister Fumio Kishida made a surprise visit to Kyiv to meet Ukrainian President Volodomyr Zelenskiy in March.
Persons: Yoshimasa Hayashi, Sameh Shoukry, Mohamed Abd El Ghany, Dmytro Kuleba, Kuleba, Hayashi, Hiroshi Mikitani, Fumio Kishida, Volodomyr Zelenskiy, Junko Fujita, Nobuhiro Kubo, Michael Perry Organizations: Japan's, Egyptian Foreign, REUTERS, Rights, Ukrainian, Rakuten Group, Thomson Locations: Cairo, Egypt, Kyiv, Ukraine
Hiroshi Mikitani, CEO of Rakuten, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsKYIV, Sept 9 (Reuters) - Hiroshi Mikitani, the founder and chief executive of Rakuten Group (4755.T), on Saturday touted the ability of his company's Viber messaging platform to counter Russian propaganda. "Unlike other social media, we've made it crystal clear we're going to block all these fake news and propaganda of Russia," Mikitani told Reuters in a Zoom interview during a visit to Kyiv. Viber, which launched in 2010 and was acquired by Rakuten in 2014, has a 98% market penetration rate in Ukraine. Asked if the app had faced attempts to breach it by Russia, he said there had not been any breaches.
Persons: Hiroshi Mikitani, Brendan McDermid, we've, Mikitani, Yoshimasa Hayashi, Viber, Rakuten, Max Hunder, Mike Harrison Organizations: Allen, Co, Sun, REUTERS, Rights, Rakuten, Saturday, Reuters, Access, Thomson Locations: Sun Valley , Idaho, U.S, Russia, Kyiv, Ukraine
TOKYO (Reuters) - Japanese Foreign Minister Yoshimasa Hayashi will meet his Ukrainian counterpart Dmytro Kuleba in Kyiv on Saturday, the Japanese foreign ministry said. In his talks with Kuleba, Hayashi will reiterate Japan's firm support of Ukraine and address its involvement in the international community to end Russia's invasion of Ukraine as soon as possible, the ministry said in a statement. Hayashi is accompanied by executives of Japanese firms, including Hiroshi Mikitani, founder and chief executive Rakuten Group, the ministry said. Japan's Prime Minister Fumio Kishida made a surprise visit to Kyiv to meet Ukrainian President Volodomyr Zelenskiy in March. (Reporting by Junko Fujita and Nobuhiro Kubo; Editing by Michael Perry)
Persons: Yoshimasa Hayashi, Dmytro Kuleba, Kuleba, Hayashi, Hiroshi Mikitani, Fumio Kishida, Volodomyr Zelenskiy, Junko Fujita, Nobuhiro Kubo, Michael Perry Organizations: Ukrainian, Rakuten Group, Japan's Locations: TOKYO, Kyiv, Ukraine
This Fall, Coats Hit the Floor
  + stars: | 2023-09-07 | by ( Bon Duke | Jordan Boothe | ) www.nytimes.com   time to read: 1 min
Hair: Mustafa Yanaz at Art + Commerce. Stylist’s assistants: Tyler Sparling, Evan Dombkowski. Hair assistant: Takao Hayashi. Makeup assistant: Jason Case. Set designer’s assistant: Cullen O’Grady
Persons: JeeHoon Bae, Ali Shaaban, Tamsir Thiam, Zeke Lindsey, Luca Luci, Alberth Johnson, Jackson McIntosh, Bauman, Mustafa Yanaz, Marcelo Gutierrez, Jacob Burstein, John Temones, Tony Jarum, Arjay, Tyler Sparling, Evan Dombkowski, Takao Hayashi, Jason Case, Cullen O’Grady Organizations: The Society, Next Management, Marilyn Agency, Soul Artist Management, DNA Model Management, Art, Bryant Artists, MHS Artists Locations: Skorpion
Japan loans Jordan $100 million for electricity reforms
  + stars: | 2023-09-03 | by ( ) www.reuters.com   time to read: +1 min
[1/4] Japanese Foreign Minister Yoshimasa Hayashi and Jordan's Minister of Planning and International Cooperation Zeina Toukan sign agreements in Amman, Jordan September 3, 2023. REUTERS/Muath Freij Acquire Licensing RightsAMMAN, Sept 3 (Reuters) - Japan extended a $100 million loan to help Jordan's electricity sector reforms as part of Tokyo's support for the kingdom's IMF-guided reforms, officials said on Sunday. "Japan will continue our support for Jordan in its economic and financial reforms and further modernization," Foreign Minister Yoshimasa Hayashi said in joint remarks with his Jordanian counterpart Ayman al Safadi at the start of a visit to Jordan. Japan is one of Jordan's main donors, contributing over $4 billion in loans, aid and technical support in recent decades. Reporting by Suleiman Al-Khalidi Editing by Ros RussellOur Standards: The Thomson Reuters Trust Principles.
Persons: Yoshimasa Hayashi, Muath, Ayman al Safadi, Jordan's King Abdullah, Hayashi, Suleiman Al, Khalidi, Ros Russell Organizations: Planning, Cooperation, REUTERS, Rights, IMF, Jordan, Thomson Locations: Amman , Jordan, Japan, Jordan, Tokyo, Egypt, Saudi Arabia
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Persons: Dow Jones
Japanese Foreign Minister Yoshimasa Hayashi told reporters that Japan would take "necessary action (on China's aquatic product ban) under various routes including the WTO framework". Filing a WTO complaint might become an option if protesting to China through diplomatic routes is ineffective, Economic Security Minister Sanae Takaichi said separately. Japan's National Police Agency has received 225 reports of harassment calls to date, Jiji News reported, and the government said it was seeking help from telecommunications companies to block the calls. NTT and other phone companies including KDDI (9433.T) and SoftBank Corp (9434.T) are discussing measures following the government's request. "It is extremely regrettable and concerning about the large number of harassment calls that have likely come from China," Trade Minister Yasutoshi Nishimura said during a news conference.
Persons: Tom Bateman, Yoshimasa Hayashi, Sanae Takaichi, Yasutoshi Nishimura, Nishimura, Kantaro Komiya, Mariko Katsumura, Sakura Murakami, Chang, Ran Kim, Simon Cameron, Moore, Jacqueline Wong Organizations: REUTERS, Rights, World Trade Organization, Economic, Japan's National Police Agency, Jiji News, NTT Communications, Nippon Telegraph, Telephone, NTT, SoftBank Corp, Thomson Locations: Fukushima, Fukushima Prefecture, Japan, China, WTO
Raimondo Talks Trade and National Security in China
  + stars: | 2023-08-28 | by ( Yuka Hayashi | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, raimondo
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china/u-s-and-china-take-steps-to-ease-tensions-over-export-control-policies-raimondo-says-1c671436
Persons: Dow Jones, raimondo
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china/gina-raimondo-says-china-visit-aimed-at-protecting-u-s-economic-interests-d8ed39c9
Persons: Dow Jones, gina, raimondo
Everyone Wants to Talk to Gina Raimondo–Even China
  + stars: | 2023-08-26 | by ( Yuka Hayashi | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, gina
'The Price Is Right' Host Bob Barker Dies at 99
  + stars: | 2023-08-26 | by ( ) www.wsj.com   time to read: 1 min
Biden Administration Taps Wall Street to Help Revive Chips IndustryTo bring semiconductors production back to the U.S. the Biden administration has tapped Wall Street insiders to help it allocate $39 billion in taxpayer-funded subsidies and incentives. WSJ reporter Yuka Hayashi joins host Zoe Thomas to explain why their expertise is valuable for one of the most significant acts of government intervention since World War II.
Persons: Biden, Yuka Hayashi, Zoe Thomas Organizations: Biden Locations: U.S
Biden Administration Taps Wall Street to Help Revive Chips IndustryTo bring semiconductors production back to the U.S. the Biden administration has tapped Wall Street insiders to help it allocate $39 billion in taxpayer-funded subsidies and incentives. WSJ reporter Yuka Hayashi joins host Zoe Thomas to explain why their expertise is valuable for one of the most significant acts of government intervention since World War II.
Persons: Biden, Yuka Hayashi, Zoe Thomas Organizations: Biden Locations: U.S
Biden Administration Taps Wall Street to Help Revive Chips IndustryTo bring semiconductors production back to the U.S. the Biden administration has tapped Wall Street insiders to help it allocate $39 billion in taxpayer-funded subsidies and incentives. WSJ reporter Yuka Hayashi joins host Zoe Thomas to explain why their expertise is valuable for one of the most significant acts of government intervention since World War II.
Persons: Biden, Yuka Hayashi, Zoe Thomas Organizations: Biden Locations: U.S
Biden Administration Taps Wall Street to Help Revive Chips IndustryTo bring semiconductors production back to the U.S. the Biden administration has tapped Wall Street insiders to help it allocate $39 billion in taxpayer-funded subsidies and incentives. WSJ reporter Yuka Hayashi joins host Zoe Thomas to explain why their expertise is valuable for one of the most significant acts of government intervention since World War II.
Persons: Biden, Yuka Hayashi, Zoe Thomas Organizations: Biden Locations: U.S
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