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China Tells Brokers To Stop Touting Stablecoins To Cool Frenzy

2 months 3 weeks ago
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.

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Chinese biz using AI to hit US politicians, influencers with propaganda

2 months 3 weeks ago
In misinformation, Russia might be the top dog but the Chinese are coming warns former NSA boss

DEF CON  A cache of documents uncovered by Vanderbilt University has revealed disturbing details about how a Chinese company is building up a database of US politicians and influencers with whom to share propaganda.…

Iain Thomson

How Intel's CEO Helped Create China's Chip Industry

2 months 3 weeks ago
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.

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Google Ending Steam for Chromebook Support in 2026

2 months 3 weeks ago
Google will discontinue Steam for Chromebook Beta on January 1, 2026, removing all installed games from devices after that date. The beta launched in March 2022 as an alpha before expanding to beta status in November 2022 with reduced hardware requirements of Intel Core i3 or AMD Ryzen 3 processors and 8GB RAM. The program never progressed beyond beta testing despite supporting 99 compatible Linux-based titles through its three-year run.

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