An anonymous reader shares a report: China told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins [non-paywalled source], seeking to rein in the asset class to avoid instability. Some leading brokerages and think tanks in late July and earlier this month received guidance from financial regulators, urging them to cancel seminars and halt disseminating research on stablecoins, people familiar with the matter said.

Regulators are also concerned that stablecoins could be exploited as a new tool for fraudulent activities in mainland China, said the people, who asked not to be identified because the details are private.

Intel CEO Lip-Bu Tan, who faces calls for resignation from President Trump, helped build China's semiconductor industry over four decades. Tan's San Francisco-based Walden International, founded in 1987, was invited by Chinese officials to introduce venture capital to China in 1993, WSJ reported Friday. The firm invested in SMIC, China's largest chip manufacturer, where Tan served as board director for at least 18 years until the Commerce Department restricted the company in 2020. Walden also backed Advanced Micro-Fabrication Equipment, now worth $17 billion and a leader in China's chip-manufacturing sector.

During Tan's tenure as Cadence CEO from 2009-2021, the company sold banned technology to a Chinese university conducting military simulations, resulting in a 2025 guilty plea and $140 million settlement. These investments, once common among Silicon Valley venture capitalists and U.S. university endowments, now appear problematic amid U.S.-China tensions and Washington's restrictions on chip exports to China.

Tan wrote in a blog post late Thursday that there had been a "lot of misinformation" circulating about his past roles. "Over 40+ years in the industry, I've built relationships around the world and across our diverse ecosystem -- and I have always operated within the highest legal and ethical standards," Tan wrote.

Intel's chief executive Lip-Bu Tan has hit out at "misinformation" over his career after U.S. President Donald Trump alleged the semiconductor industry veteran was "highly conflicted" and should resign. From a report: In a letter to Intel staff published late on Thursday, Tan said that Intel was "engaging" with the Trump administration "to address the matters that have been raised and ensure they have the facts."

"There has been a lot of misinformation circulating about my past roles...I want to be absolutely clear: Over 40+ years in the industry, I've built relationships around the world and across our diverse ecosystem -- and I have always operated within the highest legal and ethical standards," Tan wrote.

Tan's move to reassure staff at Intel, the only US-headquartered company capable of manufacturing advanced chips, came hours after Trump had demanded his resignation in a post on Truth Social. Trump did not detail Tan's alleged conflicts of interest but the U.S. president's broadside followed a letter from Tom Cotton, the Republican head of the Senate intelligence committee, to Intel's chair expressing "concern about the security and integrity of Intel's operations" and Tan's ties to China.

Ancient Slashdot reader Epeeist shares a report from The Guardian: The newest version of the maglev train is capable of traveling at 600km/h (about 370mph). However, the train's engineers have wrestled with the problem of the shock waves which occur as the train exits the mouth of a tunnel. When a high-speed train enters an enclosed space such as a tunnel, air in front is compressed, like in a piston. The resulting fluctuations in air pressure coalesce at the tunnel mouth, generating low-frequency shock waves. These are colloquially known as a "tunnel boom" -- a related, albeit different phenomenon to the "sonic boom" heard as aircraft pass the speed of sound. Tunnel booms pose serious challenges to operational safety, as the shock waves can disturb humans and animals nearby, as well as causing structural damage.

Now, however, researchers have discovered that placing innovative soundproofing buffers at tunnel mouths can reduce shock waves by up to 96%. This promises improvements in operational safety, noise pollution and passenger comfort, as well as safeguarding animals in the vicinity of future lines. [...] The porous structure of the new 100-meter long buffers, combined with porous coatings on the tunnel body, allow the trapped air to escape before the train reaches the tunnel mouth, suppressing the boom in the same way as a silencer fitted to a firearm.

schwit1 shares a report: China's biggest solar firms shed nearly one-third of their workforces last year, company filings show, as one of the industries hand-picked by Beijing to drive economic growth grapples with falling prices and steep losses. The job cuts illustrate the pain from the vicious price wars being fought across Chinese industries, including solar and electric vehicles, as they grapple with overcapacity and tepid demand. The world produces twice as many solar panels each year as it uses, with most of them manufactured in China.

Longi Green Energy, Trina Solar, Jinko Solar, JA Solar, and Tongwei, collectively shed some 87,000 staff, or 31% of their workforces on average last year, according to a Reuters review of employment figures in public filings.

President Trump on Thursday called on Intel's CEO to resign because of his past ties to China, the latest challenge for the troubled chip maker. From a report: "The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem," Trump wrote in a post on Truth Social Thursday. The president appeared to be referencing Intel CEO Lip-Bu Tan's past business dealings in China, which Sen. Tom Cotton (R., Ark.) called out in a letter to the company's board earlier this week.

On Tuesday, Cotton wrote an open letter to Intel's board questioning Tan's ties to the Chinese government, including apparent connections to the country's military and investments in other semiconductor companies. "The new CEO of @intel reportedly has deep ties to the Chinese Communists," Cotton wrote in a post on X accompanying the letter. "U.S. companies who receive government grants should be responsible stewards of taxpayer dollars and adhere to strict security regulations. The board of @Intel owes Congress an explanation."

Nvidia's chief security officer has published a blog post insisting that its GPUs "do not and should not have kill switches and backdoors." From a report: It comes amid pressure from both sides of the Pacific, with some US lawmakers pushing Nvidia to grant the government backdoors to AI chips, while Chinese officials have alleged that they already exist.

David Reber Jr.'s post seems pointedly directed at US lawmakers. In May a bipartisan group introduced the Chip Security Act, a bill that would require Nvidia and other manufacturers to include tracking technology to identify when chips are illegally transported internationally, and leaves the door open for further security measures including remote kill switches. While Nvidia is expecting to be granted permits to once again sell certain AI chips in China, its most powerful hardware is still under strict US export controls there and elsewhere.

An anonymous reader quotes a report from the New York Times: China's automakers have teamed up with software companies togo global with their driverless cars, which are poised to claim a big share of a growing market as Western manufacturers are still preparing to compete. The industry in China is expanding despite tariffs imposed last year by the European Union on electric cars, and despite some worries in Europe about the security implications of relying on Chinese suppliers. Baidu, one of China's biggest software companies, said on Monday that it would supply Lyft, an American ride-hailing service, with self-driving cars assembled by Jiangling Motors of China (source paywalled; alternative source). Lyft is expected to begin operating them next year in Germany and Britain, subject to regulatory approval, the companies said.

The announcement comes three months after Uber and Momenta, a Chinese autonomous driving company, announced their own plans to begin offering self-driving cars in an unspecified European city early next year. Momenta will soon provide assisted driving technology to the Chinese company IM Motors for its cars sold in Britain. While Momenta has not specified the model that Uber will be using, it has already signaled it will choose a Chinese model. In China, "the pace of development and the pressure to deliver at scale push companies to improve quickly," said Gerhard Steiger, the chairman of Momenta Europe. China's state-controlled banking system has been lending money at low interest rates to the country's electric car industry in a bid for global leadership. [...]

Expanding robotaxi services to new cities, not to mention new countries, is not easy. While the individual cars do not have drivers, they typically require one controller for every several cars to handle difficulties and answer questions from users. And the cars often need to be specially programmed for traffic conditions unique to each city. Lyft and Baidu nonetheless said that they had plans for "the fleet scaling to thousands of vehicles across Europe in the following years."

Standard DDR4 DRAM prices doubled between May and June 2025, with 8-gigabit units reaching $4.12 and 4-gigabit units hitting $3.14 -- the latter's highest level since July 2021, according to electronics trading companies cited by Nikkei Asia. The unprecedented single-month doubling follows speculation that Chinese manufacturer ChangXin Memory Technologies has halted DDR4 production to shift factories toward DDR5 memory for AI applications.

DDR4 currently comprises 60% of desktop PC memory while DDR5 accounts for 40%, per Tokyo-based BCN research. Samsung Electronics, SK Hynix, and Micron Technology controlled 90% of the global DRAM market in Q2 2025.

An anonymous reader quotes a report from Politico: Transportation Secretary Sean Duffy will announce expedited plans this week to build a nuclear reactor on the moon, the first major action by the former Fox News host as the interim NASA administrator. NASA has discussed building a reactor on the lunar surface, but this would set a more definitive timeline -- according to documents obtained by POLITICO -- and come just as the agency faces a massive budget cut. [...] The reactor directive orders the agency to solicit industry proposals for a 100 kilowatt nuclear reactor to launch by 2030, a key consideration for astronauts' return to the lunar surface. NASA previously funded research into a 40 kilowatt reactor for use on the moon, with plans to have a reactor ready for launch by the early 2030s.

The first country to have a reactor could "declare a keep-out zone which would significantly inhibit the United States," the directive states, a sign of the agency's concern about a joint project China and Russia have launched. The directive also orders NASA to designate a leader for the effort and to get industry input within 60 days. The agency is seeking companies able to launch a reactor by 2030 since that's around the time China intends to land its first astronaut on the moon. The nuclear initiative means that NASA will continue to have a hand in nuclear development even after the Pentagon's recent cancellation of a joint program on nuclear-powered rocket engines. "While the budget did not prioritize nuclear propulsion, that wasn't because nuclear propulsion is seen as a non-worthy technology," the NASA official said.

Microsoft announced last month that Chinese state-sponsored hackers exploited vulnerabilities in SharePoint to breach hundreds of companies and government agencies, including the National Nuclear Security Administration and Department of Homeland Security. The company omitted that SharePoint support is handled by China-based engineers who have maintained the software for years.

ProPublica reviewed screenshots of Microsoft's internal systems showing China-based employees recently fixing bugs for SharePoint "OnPrem," the version targeted in the attacks. Microsoft told the publication that the China-based team operates under U.S. supervision and the company is relocating this work.

The Chinese government "has embarked on an all-out drive to transform the technology from a remote concept to a newfangled reality, with applications on factory floors and in hospitals and government offices..." reports the Washington Post.

"[E]xperts say Beijing is pursuing an alternative playbook in an attempt to bridge the gap" with America: "aggressively pushing for the adoption of AI across the government and private sector." DeepSeek has been put to work over the last six months on a wide variety of government tasks. Procurement documents show military hospitals in Shaanxi and Guangxi provinces specifically requesting DeepSeek to build online consultation and health record systems. Local government websites describe state organs using DeepSeek for things like diverting calls from the public and streamlining police work. DeepSeek helps "quickly discover case clues and predict crime trends," which "greatly improves the accuracy and timeliness of crime fighting," a city government in China's Inner Mongolia region explained in a February social media post. Anti-corruption investigations — long a priority for Chinese leader Xi Jinping — are another frequent DeepSeek application, in which models are deployed to comb through dry spreadsheets to find suspicious irregularities. In April, China's main anti-graft agency even included a book called "Efficiently Using DeepSeek" on its official book recommendation list...

Alfred Wu, an expert on China's public governance at the National University of Singapore, said Beijing has disseminated a "top-down" directive to local governments to use AI. This is motivated, Wu said, by a desire to improve China's AI prowess amid a fierce rivalry with Washington by providing models access to vast stores of government data.

But not everyone is convinced that China has the winning hand, even as it attempts to push AI application nationwide. For one, China's sluggish economy will impact the AI industry's ability to grow and access funding, said Scott Singer [an expert on China's AI sector at the Carnegie Endowment for International Peace, who was attending the conference]... Others point out that local governments trumpeting their usage of DeepSeek is more about signaling than real technology uptake. Shen Yang, a professor at Tsinghua University's school of artificial intelligence, said DeepSeek is not being used at scale in anti-corruption work, for example, because the cases involve sensitive information and deploying new tools in these investigations requires long and complex approval processes.

In Shanghai at the World Artificial Intelligence Conference (which ran until Tuesday), the Chinese government "announced an international organization for AI regulation and a 13-point action plan aimed at fostering global cooperation to ensure the technology's beneficial and responsible development," reports the Washington Post.

The theme of the conference was "Global Solidarity in the AI Era," the article notes, and "the expo is one part of Beijing's bid to establish itself as a responsible AI leader for the international community."

CNN points out that China's announcement comes "just days after the United States unveiled its own plan to promote U.S. dominance." Chinese Premier Li Qiang unveiled China's vision for future AI oversight at the World AI Conference, an annual gathering in Shanghai of tech titans from more than 40 countries... While Li did not directly refer to the U.S. in his speech, he alluded to the ongoing trade tensions between the two superpowers, which include American restrictions on advanced semiconductor exports — a component vital for powering and training AI, which is currently causing a shortage in China. "Key resources and capabilities are concentrated in a few countries and a few enterprises," said Li in his speech on Saturday. "If we engage in technological monopoly, controls and restrictions, AI will become an exclusive game for a small number of countries and enterprises...."

Secretary-General of the Association of Southeast Asian Nations, Dr. Kao Kim Hourn, also called for "robust governance" of artificial intelligence to mitigate potential threats, including misinformation, deepfakes, and cybersecurity threats... Former Google CEO Eric Schmidt reiterated the call for international collaboration, explicitly calling on the U.S. and China to work together... "We have a vested interest to keep the world stable, keep the world not at war, to keep things peaceful, to make sure we have human control of these tools."
China's plan "called for establishing an international open-source community," reports the Wall Street Journal, "through which AI models can be freely deployed and improved by users." Industry participants said that plan "showed China's ambition to set global standards for AI and could undermine the U.S., whose leading models aren't open-source... While the world's best large language model is still American, the best model that everyone can use free is now Chinese."

"The U.S. should commit to ensuring that powerful models remain openly available," argues an opinion piece in The Hill by Stability AI's former head of public policy. Ubiquity is a matter of national security: retreating behind paywalls will leave a vacuum filled by strategic adversaries. Washington should treat open technology not as a vector for Chinese Communist Party propaganda but as a vessel to transmit U.S. influence abroad, molding the global ecosystem around U.S. industry. If DeepSeek is China's open-source "Sputnik moment," we need a legislative environment that supports — not criminalizes — an American open-source Moon landing.

India's national university ranking will start penalizing institutions if a sizable number of papers published by their researchers are retracted -- a first for an institutional ranking system. Nature: The move is an attempt by the government to address the country's growing number of retractions due to misconduct. Many retractions correct honest mistakes in the literature, but others arise because of misconduct.

India has had more papers retracted than any country apart from China and the United States, according to an analysis of the public database maintained by Retraction Watch of retractions over the past three decades. But whereas less than 1 paper is retracted for every 1,000 papers published in the United States, more than 3 are retracted for every 1,000 published in China, and the figure is 2 per 1,000 in India. The majority in India and China are withdrawn because of misconduct or research-integrity concerns.

alternative_right shares a report from Phys.org: Researchers have created a microphone that listens with light instead of sound. Unlike traditional microphones, this visual microphone captures tiny vibrations on the surfaces of objects caused by sound waves and turns them into audible signals. In the journal Optics Express, the researchers describe the new approach, which applies single-pixel imaging to sound detection for the first time. Using an optical setup without any expensive components, they demonstrate that the technique can recover sound by using the vibrations on the surfaces of everyday objects such as leaves and pieces of paper. [...]

To demonstrate the new visual microphone, the researchers tested its ability to reconstruct Chinese and English pronunciations of numbers as well as a segment from Beethoven's Fur Elise. They used a paper card and a leaf as vibration targets, placing them 0.5 meters away from the objects while a nearby speaker played the audio. The system was able to successfully reconstruct clear and intelligible audio, with the paper card producing better results than the leaf. Low-frequency sounds (1 kHz) showed slight distortion that improved when a signal processing filter was applied. Tests of the system's data rate showed it produced 4 MB/s, a rate sufficiently low to minimize storage demands and allow for long-term recording. "Currently, this technology still only exists in the laboratory and can be used in special scenarios where traditional microphones fail to work," said research team leader Xu-Ri Yao from Beijing Institute of Technology in China. "We aim to expand the system into other vibration measurement applications, including human pulse and heart rate detection, leveraging its multifunctional information sensing capabilities."

The SEC has launched "Project Crypto" to overhaul outdated securities regulations for a blockchain-based future, aiming to support tokenized assets, crypto trading, and "super apps."

"To achieve President Trump's vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of moving our markets from an off-chain environment to an on-chain one," SEC chair Paul Atkins said at the "American Leadership in the Digital Finance Revolution" conference on Thursday. "I have directed the Commission staff to update antiquated agency rules and regulations to unleash the potential of on-chain software systems in our securities markets ... Federal securities laws have always assumed the involvement of intermediaries that require regulation, but this does not mean that we should interpose intermediaries for the sake of forcing intermediation where the markets can function without them." CNBC reports: Atkins, the SEC chair, highlighted "super apps" (such as one Coinbase introduced two weeks ago) as a priority of his chairmanship, noting the need to allow the apps to thrive with an "efficient licensing structure," rather than subject to multiple regulatory authorities.

So-called super apps like WeChat and Alipay -- which bundle several different services and functionalities into a single mobile app -- have long been viewed as the holy grail of financial technology by the industry. They're central to everyday life in China but haven't been successfully replicated in the West. Meta Platforms and X have made attempts to realize that vision, integrating payments, messaging and social content, among other functions.

Atkins also said the Trump administration will work to prevent "innovative" companies from being driven offshore by burdensome regulations, and said the SEC "will encourage our nation's builders rather than constrain them with red tape and one-size-fits-all rules."

Apple reported its strongest quarterly revenue growth since 2021, with iPhone sales jumping 13% and total revenue up 10%. CEO Tim Cook also announced increased AI investments and hinted at future acquisitions to accelerate Apple's AI roadmap. CNBC reports: "It was an exceptional quarter by any measure," Apple CEO Tim Cook told CNBC's Steve Kovach. Cook said that about 1% of the company's 10 percentage points of revenue growth could be attributed to customers buying more products to get ahead of potential tariffs. The company's most important business remains the iPhone, which saw 13% growth on an annual basis during the quarter to $44.58 billion in sales. Cook said that iPhone revenue was strong because the iPhone 16 is more popular compared to the iPhone 15 devices on sale last year at the same time. Cook said iPhone 16 sales were up "strong double digits" versus its predecessor. Cook specifically highlighted popularity among current iPhone users upgrading to a new one.

Apple's Mac business grew the fastest of any of Apple's units during the June quarter, growing nearly 15% to $8.05 billion in revenue. Apple released updated MacBook Air laptops, its best-selling Mac, just before the quarter started. The company's services business, which includes the company's warranties, content subscriptions, licensing deals with Google, and iCloud continued to grow to $27.42 billion in the period, a 13% increase. Cook highlighted growth in the company's iCloud subscriptions and said App Store revenue grew "double digits" during the quarter.

The two tougher spots in Apple's report were iPad sales and the company's other products division, which it sometimes calls its wearables. It consists of Apple Watch, AirPods, and other accessories. Revenue for iPad was down 8% to $6.58 billion, despite the company launching a low-cost iPad in March. Apple's wearables unit declined 8.64% to $7.4 billion during the quarter. Apple also saw success in China during the quarter, with sales rising 4% on an annual basis to $15.37 billion. Apple reports its sales from China, Hong Kong and Taiwan in the same unit. It's a reversal from the past two quarters, where Apple's China sales declined 2% in Apple's second fiscal quarter and 11% in the first quarter. Cook said a Chinese subsidy for some devices helped Apple in the region. "The subsidy does apply to some of our products, and it clearly helps," Cook said.

An anonymous reader quotes a report from Ars Technica: E-commerce giants everywhere felt the sting Wednesday when President Donald Trump announced that the US will be "suspending duty-free de minimis treatment for low-value shipments" worth $800 or less from anywhere in the world. Americans will likely soon feel the crunch, with one recent study estimating that the cost of eliminating the trade loophole overall to US consumers could fall between $10.9 billion and $13 billion while "disproportionately" hurting "lower-income and minority consumers" who buy a higher percentage of cheap imports.

Price hikes will likely come this fall, as the trade loophole will be closed starting on August 29, with Amazon emerging as perhaps the biggest question mark for US consumers wondering how hard their wallets may be hit by the major trade policy change ahead of the holiday shopping season. In February, Trump temporarily ended the de minimis exemption for all imports from China, prompting China-based retailers Temu and Shein to raise their prices.

Beijing has summoned Nvidia over alleged security issues with its chips, in a blow to the US company's push to revive sales in the country after Washington granted approval for the export of a made-for-China chip. From a report: China's cyber regulator on Thursday said it had held a meeting with Nvidia over what it called "serious security issues" with the company's artificial intelligence chips.

It said US AI experts had "revealed that Nvidia's computing chips have location tracking and can remotely shut down the technology." The Cyberspace Administration of China requested that Nvidia explain the security problems associated with the H20 chip, which was designed for the Chinese market to comply with US export restrictions, and submit documentation to support their case.

Earlier this month, Hewlett-Packard Enterprise settled its antitrust case with the U.S. Justice Department, "paving the way for its acquisition of rival kit maker Juniper Networks" for $14 billion. According to Axios, the deal was heavily influenced by national security concerns and a desire to bolster American competition against China's Huawei. The outlet reports that the U.S. intelligence community "intervened to persuade the Justice Department that allowing the merger to proceed was essential to helping U.S. business compete with China's Huawei Technologies, among other national-security issues." From the report: "In light of significant national security concerns, a settlement ... serves the interests of the United States by strengthening domestic capabilities and is critical to countering Huawei and China." The official said blocking the deal would have "hindered American companies and empowered" Chinese competitors. A Justice Department spokesman added that DOJ "works very closely with our partners in the IC [intelligence community] and always considers their views when deciding how best to proceed with a case."

The merger was back in the news this week with reports that two senior enforcers in the DOJ's antitrust division were fired Monday amid infighting over the department's settlement greenlighting HPE's $14 billion acquisition of Juniper. Attorney General Pam Bondi had conversations with top intelligence officials that convinced her there was a strong national interest in not driving allies to Chinese technology, a senior administration official tells us.