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FTC Warns Tech Giants Not To Bow To Foreign Pressure on Encryption

1 day 18 hours ago
The Federal Trade Commission is warning major U.S. tech companies against yielding to foreign government demands that weaken data security, compromise encryption, or impose censorship on their platforms. From a report: FTC Chairman Andrew N. Ferguson signed the letter sent to large American companies like Akamai, Alphabet (Google), Amazon, Apple, Cloudflare, Discord, GoDaddy, Meta, Microsoft, Signal, Snap, Slack, and X (Twitter). Ferguson stresses that weakening data security at the request of foreign governments, especially if they don't alert users about it, would constitute a violation of the FTC Act and expose companies to legal consequences. Ferguson's letter specifically cites foreign laws such as the EU's Digital Services Act and the UK's Online Safety and Investigatory Powers Acts. Earlier this year, Apple was forced to remove support for iCloud end-to-end encryption in the United Kingdom rather than give in to demands to add a backdoor for the government to access encrypted accounts. The UK's demand would have weakened Apple's encryption globally, but it was retracted last week following U.S. diplomatic pressure.

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Intel Warns US Equity Stake Could Trigger 'Adverse Reactions'

1 day 19 hours ago
Intel said Monday that converting $8.87 billion in federal chip subsidies into a 10% equity stake creates unprecedented complications and potential "adverse reactions" for a company deriving 76% of revenue internationally. The arrangement transforms Biden-era CHIPS Act grants into share purchases at $20.74 -- a discount to Friday's $24.80 close -- with the Department of Commerce receiving up to 433 million shares by Tuesday's expected closing. Foreign governments may impose additional regulations on Intel due to US government ownership, the company warned in securities filings, while the precedent could discourage other nations from offering grants if they expect similar equity conversions. China alone represents 29% of Intel's revenue. The deal also restricts Intel's strategic flexibility, requiring government votes align with board recommendations except on matters affecting federal interests.

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In a Hotter World, Some People Age Faster, Researchers Find

1 day 19 hours ago
Living through extreme heat waves can accelerate your rate of aging, according to research published Monday. From a report: Scientists analyzed 15 years' worth of health data from nearly 25,000 adults in Taiwan and found that two years of exposure to heat waves could speed up a person's so-called biological aging by eight to 12 extra days. It may not sound like a lot, but this number builds over time, said Cui Guo, an assistant professor at the University of Hong Kong who led the study, which was published Monday in the journal Nature Climate Change. "This small number actually matters," she said. "This was a study of a two-year exposure, but we know heat waves have actually been occurring for decades." The research comes as human-induced climate change is making heat waves more intense and long-lasting. The West Coast of the United States is suffering from sweltering temperatures while Iran is experiencing searing heat. Record-breaking temperatures punished Europe, Japan and Korea earlier this month. France recently experienced its second heat wave of the summer, sparking a national debate over air-conditioning.

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