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US blocks five more Chinese tech companies for national security reasons

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first_img Tags Samsung, LG, Motorola: How soon can we expect 5G phones? 3 In addition to being put on the entity list last month, President Donald Trump signed an executive order essentially banning the company in light of national security concerns that Huawei had close ties with the Chinese government. Huawei has repeatedly denied that charge.Huawei is expected to take a $30 billion hit to its revenue as a result, although CEO Ren Zhengfei earlier this week said he is not too concerned about the loss.Huawei has filed a motion in US court to have US legislation that bars federal agencies from buying its products ruled unconstitutional, and has also sent an ex parte memo to the FCC in which it objects to being banned on the grounds of national security threats. Why Microsoft is selling Huawei laptops again Huawei ban: Full timeline on how and why its phones are under fire Now playing: Watch this: 4:49 Hardware and software vendors have been fleeing Huawei: Amazon Japan reportedly no longer offers Huawei devices for sale, and last month, Google locked Huawei out of its Android updates, though the US Commerce Department granted it a three-month general license to update existing devices.In a turnaround, Microsoft began selling its existing inventory of Huawei MateBook laptops earlier this week, saying it “will continue to respond to the many business, technical and regulatory complexities.”Huawei at the end of May moved to trademark the name of its operating system, Hongmeng, in Peru. Share your voicecenter_img Comments 13 Photos The Huawei ban Huawei against the world (The 3:59, Ep. 564) Computers Mobile Politics The US government is blacklisting more Chinese tech companies. CBS/iStockphoto The US Commerce Department has blacklisted another five Chinese tech companies, preventing them from buying US-made chips and components. Like Chinese tech giant Huawei last month, the companies were added to the United State’s “entity list” (PDF) due to national security concerns. The filing, spotted earlier Friday by CNBC, blocks China-based Higon, Sugon, Chengdu Haiguang Integrated Circuit, Chengdu Haiguang Microelectronics Technology and Wuxi Jiangnan Institute of Computing Technology.Sugon and Wuxi lead China’s exascale high-performance computing development, the filing says. Sugon’s computers have military users, while Wuxi is owned by the 56th Research Institute of the General Staff of China’s People’s Liberation Army “to support China’s military modernization.”Higan develops integrated circuits, electronic information systems, software and computer system integration, while the Chengdu entities design X86 architecture chips and produce integrated circuits.As pointed out by CNBC, US chip companies’ stock fell following the announcement, with Nvidia down by 1%, Xilinx by 2.2% and Advanced Micro Devices by 2%. Legal Huawei Donald Trumplast_img read more

Army deployment an imperative in Gazipur Khulna polls BNP

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first_imgRuhul Kabir RizviThe Bangladesh Nationalist Party (BNP) on Sunday urged the authorities to deploy troops in the Gazipur and Khulna city corporations’ elections slated to be held on 15 May.“The election commission is saying over the past couple of days that it will not deploy troops in Gazipur and Khulna mayoral polls. On the other hand, it is planning to use electronic voting machine although the people have no interest in it,” Rizvi told a media briefing at the party’s Naya Paltan central office.“So,” he went on to say, “Doubts are cropping up if the commission at all wants these two civic polls to be free and fair.”Read more: Quader says EC doesn’t have authority to deploy armysThe senior leader of the country’s principal opposition political party further alleged that the desire of the Awami League government is often reflected in the remarks and speeches of many senior officials of the election commission.Fearing that the commission “might be planning to hold the mayoral polls as per the government-fixed formula”, Rizvi alleged, “A level-playing field has been ensured in neither of the city corporations as yet.“Ruling Awami League’s terrorists are showing off strength brandishing illegal arms openly whereas the commission has taken no initiative to recover the illegal arms there,” he alleged.“On the other hand,” he continued, “Opposition BNP activists can’t even sleep at their houses, not to speak of holding rallies and mass-campaigns.“Given the circumstance, troops deployment is an imperative in the Gazipur and Khulna mayoral polls as the regular law enforcement agencies are working as a partisan force of the ruling quarter,” he added.last_img read more

Houston Company Wants To Use Blockchain Technology To Improve Health Record System

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first_img 00:00 /03:31 Listen X If you’re into technology, you have probably heard of Blockchain, a digital accounting method for cryptocurrencies like Bitcoin.A Houston company wants to use this technology to create a new universal health record system.For this week’s Bauer Business Focus, we sat down with Khalid “Ken” Parekh, founder and CEO of IT services firm Amsys and founder of its subsidiary Amchart.Click on the play button above to listen to the interview. center_img Ed MayberryKen Parekh founded Amsys in 2003. Its subsidiary Amchart aims to use Blockchain technology to create a patient-controlled health data system To embed this piece of audio in your site, please use this code: Sharelast_img read more

Ab Mujhe Udnaa Hai short film wins global praise

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first_imgBollywood actors added a dash of glamour to a chilly afternoon in Delhi as an award-winning short film based on the theme of empowerment of victims of rape and molestation – ‘Ab Mujhe Udnaa Hai – Let me Soar High’ – was screened for a select audience amid rave reviews.Directed by Suujoy J Mukerji, son of legendary actor Late Joy Mukerji, the film is based on a story written by Delhi-based noted advocate-writer-actor Sunil Kapoor. Kapoor’s collection of 61 poems ‘Punam ka Chaand’ was also released at the event that also saw Joy Mukerji’s wife, Neelam, unveil a CD ‘Mein Pyar Ka Rahi Hun’, carrying songs of her superstar husband. Also Read – Add new books to your shelfNeelam remembered Joy as a reluctant star who led a non-controversial life and never let his stardom impact his simple life. “He used to go for walks on the beach and eat street food like all of us. He told his fans not to mob him or treat him differently,” she said. Apart from the presence of the Mukerji family, that owns the iconic Filmalaya studio in Mumbai, actors like Shakti Kapoor, Kanwaljit Singh, actor-turned-politician Manoj Tiwari (Delhi Pradesh Bharatiya Janata Party President) and the short film’s lead actress Jasmine Grover also attended the event at USI Residency in the Delhi Cantonment. Also Read – Over 2 hours screen time daily will make your kids impulsiveShakti Kapoor, 66, appreciated the directorial debut film, “Ab Mujhe Udnaa Hai”, of 35-year-old Suujoy and enthralled the audience with anecdotes from his early days in Delhi’s Karol Bagh area where he lived with his father, who owned a popular tailor shop in Connaught Place, and was then known as ‘Sunil Kapoor.’ Suujoy, the scion of Mukerji family and director of Filmalaya Studio, said that the 24-minute short film, depicting the ordeal of a college girl who emerges from the lows of molestation, has so far won 15 awards. Sunil Kapoor and environmentalist Suresh Raheja sang popular Mohd Rafi, Kishore and Mukesh melodies of the 1960s and 70s at the event. “As the nation remembers Nirbhaya on her sixth death anniversary, it is time to help victims of sexual assaults and molestation and their families to emerge from trauma without stigmatization,” said Suujoy. The film features veteran actor Kanwaljit Singh who won the jury award for best actor at the Mumbai Film Festival. He won the award for essaying the role of a college professor and the molested girl’s father who believes in keeping pace with the changing times and encourages daughter to fulfill her dreams and potential. Mahaakshay, son of noted actor Mithun Chakraborty, has acted as the molested girl’s dance instructor; he motivated her to come out of depression and follow her passion to become a dancer. The short film’s story and screenplay have been written by Sunil Kapoor, a noted income-tax advocate from Delhi, who has also acted in a forthcoming film ‘The Tiger Trail’. Four stories from Kapoor’s bestselling book ‘A Peacock Feather’ have been picked by Bollywood producers for making feature films. He has authored this book with his twin chartered accountant brother Sudhir. The short film’s awards include the best film award at the UK’s Red Wood Film Festival, Top Shorts, Los Angeles, and Calcutta International Cult Film Festival, sensitively handles the complex issue of stigmatization of the victims of sexual offences and seeks to educate and empower society to make the nation a safe place for daughters.last_img read more

Facebook Amazon Netflix and Google Were Among Todays Biggest Losers

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first_img Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. A morning rally in the stock market gave way to renewed selling in the afternoon as the Entrepreneur Index™ fell 1.66 percent on the day.The Dow Industrials index was up more than 300 points in the morning but ended the day down 245, or 0.99 percent. The S&P 500 index fell 0.66 percent, while the technology-heavy Nasdaq 100 was down 2.02 percent.The bloodbath continued in the technology sector. The so-called FANG (Facebook, Amazon, Netflix and Google or Alphabet) stocks that have underpinned the bull run in technology stocks and the broader market, were among the hardest hit today, with Amazon.com (-6.31 percent), Netflix (-4.96 percent), Alphabet Inc. (-4.75 percent) and Facebook (-2.26 percent) all down sharply. Chip-maker NVIDIA Corp.set a new 52-week low today, falling 6.39 percent — the biggest decline on the Entrepreneur Index™ today. Other tech stocks that traded lower included salesforce.com (-3.34 percent)., Verisign (-2.52 percent) and Adobe Systems Inc. (-2.28 percent).Analog Devices was one of the few stocks to buck the bearish trend in technology. Down almost 20 percent since late August, the chipmaker’s stock gained 1.82 percent today. Cerner Corp., the healthcare information technology firm that lost 11 percent on Friday because of disappointing earnings, rallied 5.09 percent today — the largest gain on the Entrepreneur Index™.Ford Motor Co. also posted a big gain after a Goldman Sachs analyst upgraded the stock to a buy, largely because of its 25 percent drop so far this year. The analyst expects the company’s previously announced restructuring plan to begin yielding benefits next year, and set a $12 target for the stock. Ford shares were up 3.34 percent today.Defensive stocks fared significantly better than growth stocks today. The REIT sector was up sharply, with Essex Property Trust (3.49 percent), Extra Space Storage (3.32 percent) and Equity Residential (2.13 percent) posting good gains. The clothing makers, L Brands (2.99 percent), Ralph Lauren (2.88 percent) and Gap Inc. (2.07 percent) were also up for the day. Food manufacturers J.M. Smucker Company and Tyson Foods rose 2.23 percent and 1.8 percent respectively. Retailer Bed Bath and Beyond was also up 3.25 percent.Economy-sensitive stocks were down on the day. Homebuilder D.R. Horton Inc. fell 2.8 percent. Oil and gas producer Hess Corp.was also down 3.36 percent as the price of oil continued to slide. Casino operator Wynn Resorts, down a crushing 44 percent this year, fell 6.3 percent — the biggest decline on the Entrepreneur index outside the technology sector. Brown-Forman Corp, the maker of Jack Daniels whiskey, was also down 0.9 percent. The Trump Administration reportedly plans to slap more tariffs on Chinese imports if trade talks with China don’t improve, and bourbon is a favorite target for retaliatory tariffs.Alexion Pharmaceuticals was down again today by 3.45 percent. The drug-makers fell as a group on Friday after it was reported that President Trump was considering tying Medicare reimbursement rates for drugs to much lower prices paid in Europe.The Entrepreneur Index™ collects the top 60 publicly traded companies founded and run by entrepreneurs. The entrepreneurial spirit is a valuable asset for any business, and this index recognizes its importance, no matter how much a company has grown. These inspirational businesses can be tracked in real time on Entrepreneur.com. October 29, 2018 3 min read Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Opinions expressed by Entrepreneur contributors are their own. Register Now »last_img read more