Skip to main content

Germany blocking sales of its chip companies is like putting a plaster on a decapitation


Germany’s federal government has blocked Chinese investment into two chip factories in the country, citing national security concerns for the move. Firstly, the government vetoed the takeover of Elmos, a Dortmund-based semiconductor company that’s producing chips for the automotive industry. This bid came from Silex, a Swedish subsidiary of China’s Sai Microelectronics. The announcement came from the Federal Minister of Economics, Robert Habeck, after a meeting of the Federal Cabinet, Reuters reports. During this, the politician said that a Chinese private equity firm has also been banned from investing in a second company. Although Habeck didn’t disclose its name, it’s…

This story continues at The Next Web

from The Next Web https://ift.tt/zuK0iwG
Labels:

Comments

Post a Comment

Popular posts from this blog

TNW Podcast: Boris comes over to co-host; Slack’s Cal Henderson talks European tech

 Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state funding for energy projects, translations of the word ‘computer’, and a bunch of other things in between. In the interview section, we’re featuring a conversation with Cal Henderson, co-founder and… This story continues at The Next Web from The Next Web https://ift.tt/jUgcNFD
Post a Comment
Read more

Defining humanlike intelligence and entrusting it with our lives, explained by an AI researcher

TNW Answers is a live Q&A platform where we invite interesting people in tech who are much smarter than us to answer questions from TNW readers and editors for an hour.  Yesterday, Melanie Mitchell, the author of ‘Artificial Intelligence: A Guide for Thinking Humans’ and the Davis Professor of Complexity at the Santa Fe Institute, hosted a TNW Answers session where she spoke about how much we should really trust AI, her worries surrounding the technology, and defining humanlike intelligence in machines.  [Read: Chess grandmaster Gary Kasparov predicts AI will disrupt 96% of all jobs] Most fears around AI usually… This story continues at The Next Web from The Next Web https://ift.tt/2w7anvS
Post a Comment
Read more

Google wants you to complete simple tasks for hard cash in its new app

If you’ve ever wanted to work for Google, now’s your best chance. The company has a new app called Task Mate that lets you earn money by completing tasks such as taking pictures of storefronts or recording short voice clips. At the moment, the app is live only for users in India. Plus, you’ll need an invitation code to sign up and start working on these tasks — it appears there aren’t many codes around yet. [Read: Here’s how to make your website more accessible] The firm already has an app called Google Opinion Rewards that asks you questions about its… This story continues at The Next Web Or just read more coverage about: Google from The Next Web https://ift.tt/2UXm3KO
Post a Comment
Read more