Huawei is suing the US government over ‘unconstitutional’ equipment ban

Huawei has decided to go on the legal offence against the United States government after defending itself against alleged espionage and bank frauds linked to American sanctions on Iran. During a press conference late Wednesday, Huawei announced that it has filed a lawsuit against the U.S. government, arguing that a ban on the use of […]

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ZTE hit with 2-year ‘monitoring’ extension after breaking probation terms

Embattled Chinese tech firm ZTE narrowly survived after the U.S. Department of Commerce hit it with a $1 billion fine and forced changes to its business earlier this year, and. Now it is back in the news for negative reasons after it was judged to have broken the probation around a fine that it copped in […]

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New defense bill bans the U.S. government from using Huawei and ZTE tech

U.S. government agencies will be forbidden from using certain components or services from several Chinese tech firms, including Huawei and ZTE. The ban was signed into law today by President Trump as part of the Defense Authorization Act and will go into effect over the next two years. The bill covers anything that is a […]

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Plattsburgh, New York is the first city in the U.S. to ban cryptocurrency mining

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Anyone who thought about starting a cryptocurrency mining operation in the city with the cheapest electricity in the U.S. is out of luck, at least for the next year and a half. 

The city council of Plattsburgh, New York unanimously voted in favor of a 18-month moratorium on crypto-mining Thursday, Motherboard reported

The new law, originally proposed on March 2, affects only new, commercial mining operations; current companies that are mining in Plattsburgh will be allowed to continue to do so. 

Plattsburgh — a small city with a population of under 20,000 as of the 2010 census — has very cheap electricity due to its involvement in building the power-generating dams on the St. Lawrence river back in the 1950s. And for a cryptocurrency mining operation — an energy-intensive process used to create new crypto-coins and power large cryptocurrency networks — cheap electricity is a huge draw.  Read more…

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