The technological security blanket of the great powers


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The UK is currently joining the US and China as a country expressing suspicious concerns about national security threats from foreign technology.

It’s always been hard to fathom the Trump administration’s obsession with, for example, what ByteDance’s TikTok video app looks like. May be weakened US defense. Beijing Alert Last Week Diddy’s data, which is hugely important to foreign powers, appears to be overstated when compared to China’s ridesharing app.

Obviously, much more is involved here in terms of terms of trade, technological dominance, financial market dominance, and old-fashioned geopolitical tensions.

However, the UK government is investigating on national security grounds a little worried about the acquisition of China’s largest silicon wafer maker in the country.

As Louise Lucas points out, Newport Wafer Fab becomes little fries as the French fry factory progresses. It produces 200mm wafers which are less cost effective than Intel, Samsung and TSMC in the world and lack advanced technology.

Back before Didi, this FT scoop reveals that Chinese internet regulators requested several changes to Diddy’s app mapping capabilities before registering in the United States.

In the United States, Chinese fitness apps, podcast platforms, and medical tech companies have all pulled their IPOs in New York. When regulators return home, they are under pressure to go public. Rex said Beijing has indicated that the companies want to be listed on mainland exchanges such as the Shanghai Star Market, under companies such as Alibaba by reducing or filling the gaps in offshore ownership. You can even pull the mat out of it.

Shanghai may be the future, but today Hong Kong was suffering – The Hang Seng index was lowered to its lowest level this year due to a fall in Chinese tech stocks as investors digested the impact of regulatory crackdowns.

Internet of Things (5)

1. Diamond Exchange Circle
Circle, the American fintech behind USDCoin’s list of stable coins on Wall Street Thanks to a contract with a blank check company chaired by former Barclays chief Bob Diamond. Circle said the deal would bring $ 4.5 billion in enterprise value. Founder of BuzzfeedJonah Peretti has vowed to adopt more fiscal discipline by presenting his plan to FT After releasing the company through Spac, he enters the digital media industry.

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2. Glorious food
Food delivery group Deliveroo have improved sales growth, he warned that margins would be forecast lower bound earlier this year as Covid-19 restrictions prepare to end in the UK. In India Zomato $ 1.25 billion initial public offering announced Next week we tried to take advantage of the surge in demand for food orders. Instacart is Get apart Become executive chairman and the Facebook executive Fiji Simo will replace the CEO.

3. Google doesn’t work – US states
US antitrust law enforcement agencies have issued their first challenge to mobile app stores. Google accuses developers of overcharging developers who sell on the Play Store. The lawsuit in federal court in San Francisco is led by Utah and includes 35 other U.S. states and the District of Columbia. Google accused him of “illegally reducing trade and maintaining a monopoly.”

4. Rush of unicorns in the second trimester
The number of start-ups worth over $ 1 billion grew rapidly in the second quarter, with venture capitalists increasing the scale and pace of their investments following the listing of several blockbusters in the states -United. -ups Overall between April and June, it topped last year’s total, according to CB Insights. Comments by Richard Waters The emergence of a new private financial system from the old model of venture capital.

A vertical bar graph of the number of private sector companies worth over $ 1 billion for the first time, quarterly showing the explosion in the unicorn population

5. When a big date keeps you going
Dating apps mean meeting new people has never been easier, but they also seem to foster a culture of harassment and contempt. Elaine Moore writes in her review of two new books on online dating games.

The percentage of US online dating users who say bar charts, dating sites, and apps ... is very common.

Transfer of Sifted – European Startup Week

Nikolay Storonski, Founder and CEO of Revolut is one of the most famous faces of European technology. It has built $ 5.5 billion of FinTech, has 15 million customers in over 30 countries, and is slowly moving towards profitability. But Stronsky hasn’t built Revolut on his own in the past six years. Among its 2,000 employees is a small team of trusted people tasked by Stronsky to help grow the business. Who is the power behind the throne of Revolut ??

Other European starters News, Gopuff, US distribution apps, Late negotiations to buy Dija, London based Grocery delivery begins in 10 minutes According to the two people close to the meeting. This will be another big thing in the fashion now fast grocery sector .. Elsewhere, London’s FinTech Wise Direct listing of £ 8 billion; Some European SPACs Higher than Tesla, the French government is developing yet another initiative In search of becoming the most welcoming country in Europe for startups.

Technical tools – Brickit Lego App

Brigid It will help you make better use of Lego to create something you probably never imagined. The free iOS app It works by scanning the arranged bricks and generating ideas for objects to build from the inventory. It also describes how to build them. This is not an official Lego app, but it is a fan-made app as can be seen from the photos of the fan work in the gallery.

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