Swedish Technology Company Cuts Business Ties With Hong Kong

(Bloomberg) — A Swedish firm that supplies law enforcement and government agencies with technology to extract data from mobile phones said it has pulled its business from Hong Kong.

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The decision by Stockholm-based Micro Systemation AB came after a White House executive order on July 14 stripped Hong Kong of its special trading status, said Mike Dickinson, deputy executive officer. That status had granted Hong Kong more favorable treatment than China.

Dickinson said in an email that his company, known as MSAB, would no longer “supply solutions” to the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, nor any other government agencies in the territory. He said the executive order “impacts our U.S. legal entity and presence in the U.S.A.”

MSAB had pulled its business from China earlier in 2020 due to changes in “regulatory regimes and restrictions” related to export control laws, Dickinson

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The Technology 202: The White House gathering with state attorneys general could escalate tensions between Trump and Silicon Valley

“Online censorship goes far beyond the issue of free speech, it’s also one of protecting consumers and ensuring they are informed of their rights and resources to fight back under the law,” White House spokesman Judd Deere said in a statement earlier this week. “State attorneys general are on the front lines of this issue and President Trump wants to hear their perspectives.”

The White House summit builds on an executive order that Trump signed just a few months ago, which targeted a key legal shield granting tech companies broad immunity from lawsuits for the videos, photos and posts shared on their services, as well as their content moderation decisions. Tech companies have long denied the allegations of bias, which have been made with little evidence, and a prominent tech industry group has challenged the constitutionality of that order.

An escalation of anti-conservative bias claims could drum up support among

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Technology And Energy Shares Lead Broad-Based Selloff

Key Takeaways:

  • Tech gets hammered again as regulatory news hurts sector
  • Rotation from tech into other sectors appears to be losing steam

The air keeps coming out of the tires.

A market that rode hard all summer on the FAANGs and semiconductors is making a loud hissing noise as those high-flyers lose traction.

All summer, investors heard warnings that if Tech’s party settled down, the broader market would take a hit. September reminds us of that as it appears on track to be the first losing month since March and the worst month of September in 18 years.

All the FAANGs played serious defense Wednesday in the second of three sessions this week where Tech spent most of the day dragging everything else down. The Tech weakness was joined by a rout in the Energy sector, where companies staggered amid worries about shutdowns in Europe and

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Online learning cannot just be for those who can afford its technology

A university student conducts open-air classes in a slum for underprivileged students

A university student teaches an open-air class for secondary-school students in Delhi. As schools move to teaching online, many students are left out because they lack access to laptops and broadband.Credit: Amarjeet Kumar Singh/Anadolu Agency/Getty

Every day, hundreds of millions of students, teachers and support staff, are participating in a learning revolution: the COVID-19 pandemic has upended the centuries-old tradition that students travelled to a physical institution to learn. Now, in many places, school and university classrooms are on laptops and smartphone screens, and the Internet has replaced physical books.

It’s been an extraordinary — and extraordinarily fast — transition, affecting everyone from the youngest children entering school right up to young adults in universities. Researchers are starting to study its full impact and its implications — for students, for staff and for the organizations that create and supply educational-technology platforms.

Tertiary education has been venturing into online education

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In the world of financial technology, AI poses questions, heightens efficiency, and encourages ingenuity

This article was written based on discussions from the latest Bloomberg Women in Fintech event. To learn more about the series, please email [email protected]

While AI has been a buzzword for some time, the uncertainty and rapid changes stemming from the global pandemic have brought the technology’s benefits and challenges to the forefront. Within the multitude of applications, several focus areas are helpful for the fintechs in particular, keeping in mind how humans and AI can work together to empower the other.

The opportunities for AI to both assist in a tumultuous working environment and heighten human efficiency were under discussion at the latest panel hosted by Bloomberg’s Women in Fintech. There are many details to consider with a constantly evolving technology, particularly surrounding bias and security, but according to panelists, it is essential that companies look to integrate AI holistically, ensuring automation bolsters their business and empowers employees to

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Microsoft shows off ‘Project Nucleus’ intelligent sync technology for web apps

Microsoft officials had a “one more thing” surprise for web-app users during the opening day of its virtual Ignite 2020 conference on Sept. 22. In a demonstration of Microsoft Lists, Microsoft Corporate Vice President Jeff Teper showed off “Project Nucleus,” new technology that Microsoft plans to make part of Lists information-tracking app later this year and likely other apps as well. 

Project Nucleus is sync plumbing that Microsoft ultimately plans to add to some, if not all, of its Microsoft 365 OneDrive and SharePoint web apps and SharePoint portals. Nucleus enables data availability regardless of internet speed or size of the data stored by an app. As officials said during a session about Microsoft Lists, “no synchronous round trips are needed for filtering, sorting or scrolling,” and large lists will work without throttling with the addition of Nucleus technology. All changes made to content offline will automatically sync once internet

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Tesla’s ‘Battery Day’: All of Elon Musk’s announcements and highlights

  • Tesla’s delayed shareholder meeting and “Battery Day” kicked off on Tuesday afternoon outside the company’s Fremont, California, factory.
  • Following a short formal portion of the meeting, CEO Elon Musk gave a review of the company’s progress over the past year with heavy emphasis on software and manufacturing. 
  • Musk touted new battery improvements that could make manufacturing cheaper and provide more power.
  • He also announced a yet-to-be-named future Tesla car that will be priced at $25,000 and a $140,000 “Plaid” version of its Model S.
  • Visit Business Insider’s homepage for more stories.

Elon Musk and other Tesla executives held an unusual outdoor version of the company’s annual shareholder meeting and a “Battery Day” presentation on Tuesday afternoon in Fremont, California.

Among the touted advancements in power technology and manufacturing, Musk announced a yet-to-be-named $25,000 Tesla car was in the works thanks to the cost savings in battery production that will touch

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Tesla Challenger? Battery Startup QuantumScape Claims Mastering Superior Battery Technology

KEY POINTS

  • QuantumSpace is making batteries with “purest lithium” for EVs
  • The company claims that these EVs would charge faster and cost less
  • The startup is soon to go public at the New York Stock Exchange
  • QuantumSpace has raised over $500 million

A California-based startup is hoping to give Elon Musk’s Tesla a tough competition in the electric vehicles market, with claims to developing a breakthrough battery technology.

QuantumSpace, backed by Bill Gates and the Volkswagen Group, announced its intention to list on the New York Stock Exchange after merging with shell company Kensington Capital Acquisition earlier this month, at an enterprise value of $3.3 billion.

QuantumSpace, if its claims of superior battery technology to Tesla’s is true, could shake up the dominant position that Tesla has enjoyed in the EV space for the past decade. It could even play out as an extension of the rather public feuding between 

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EU may remove Apple’s control of its NFC technology

  • The EU is considering new laws that would require Apple to give third parties access to its devices’ NFC technology.
  • If Apple has to open access to its NFC technology in the EU, it’ll have to battle more heavily to win over new consumers.
  • Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry with the Payments & Commerce Briefing. You can learn more about subscribing here.

The European Union (EU) is reportedly set to consider new laws that would prohibit mobile device makers, like Apple, from restricting access to the NFC technology in their products, Bloomberg reports.

US apple pay proximity users

EU may remove Apple’s control of its NFC technology.

Business Insider Intelligence


The potential new rules follow the European Commission (EC) probing whether Apple was abusing its control of its devices by preventing third-party firms from using its NFC technology. Comparatively, Google enables third-party firms to access

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The 2020 Taiwan Innotech Expo Sustainability Pavilion Presents the Circular Technology Island

With the increasing depletion of the earth’s resources, countries worldwide are more determined about green industrial policies. The European Commission adopted the New Circular Economy Action Plan this March. The UK, Japan, and China will draw up a “marine pollution map” in response to the “marine plastic crisis.” These show that the green industry has become a major field of study for human survival and reducing resource consumption. Therefore, the “Sustainability Pavilion” of the “2020 Taiwan Innotech Expo” will focus on the green industrial chain. The core values are “sustainable living,” “sustainable energy,” and “sustainable resources” tied in with “new agriculture,” “green energy technology,” “circular economy,” and “workplace safety” that reflect the four aspects of life. The pavilion will present more than one hundred technologies that can build a sustainable home in the next ten to twenty years.

The circular economy technology ecosystem demonstrated by the circular technology island

The

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