Town Hall News

SHENZHEN, China -Huawei Technologies Co Ltd has made breakthroughs in electronic design automation (EDA) tools for chips produced at and above 14-nanometre technology, Caijing financial news magazine reported on Friday, citing a speech by a senior Huawei executive. Huawei will complete testing on the tools this year, rotating chairman Xu Zhijun said in a speech on Feb 28., Caijing reported. Huawei has developed 78 tools related to chip hardware and […]

SHENZHEN, China -Huawei Technologies Co Ltd has made breakthroughs in electronic design automation (EDA) tools for chips produced at and above 14-nanometre technology, Caijing financial news magazine reported on Friday, citing a speech by a senior Huawei executive. Huawei will complete testing on the tools this year, rotating chairman Xu Zhijun said in a speech on Feb 28., Caijing reported. Huawei has developed 78 tools related to chip hardware and […]

WASHINGTON (Reuters) – The U.S. military carried out multiple air strikes in Syria on Thursday night against Iran-aligned groups who it blamed for a deadly drone attack that killed a contractor, injured another and wounded five U.S. troops, the Pentagon said. The strikes were in retaliation for an attack against a U.S.-led coalition base near Hasakah in northeast Syria at approximately 1:38 p.m. (1038 GMT) on Thursday, it said. The […]

By Michael Martina WASHINGTON (Reuters) -A new U.S. congressional committee on China held its second hearing on Thursday, highlighting what Washington says is an ongoing genocide against Uyghurs and other ethnic minorities in China’s Xinjiang region. Rights groups accuse Beijing of abuses, including forced labor, mass surveillance and having placed 1 million or more Uyghurs – a mainly Muslim ethnic group – in a network of internment camps in Xinjiang. […]

By Svea Herbst-Bayliss (Reuters) – ValueAct Capital informed Seven & i Holdings on Friday it would lobby to remove four directors from the Japanese’s convenience store operator’s 14-member board, citing “a failed corporate strategy”. ValueAct, which owns a 4.4% stake of Seven & i, had called on the company’s management in January to spin off its 7-Eleven convenience store chain. The fund has been invested in the company and making […]

By Michael Martina WASHINGTON (Reuters) -U.S. corporate due diligence firm Mintz Group’s Beijing office was raided by authorities and five Chinese staff were detained, a source with the company told Reuters on Thursday. The source for the New York-headquartered firm told Reuters on condition of anonymity that the company’s local legal counsel said the raid occurred on the afternoon of March 20, and that the employees were being held incommunicado […]

SHENZHEN, China – Huawei Technologies Co Ltd has made breakthroughs in electronic design automation (EDA) tools for chips employing 14 nanometres-plus technology, Caijing financial news magazine reported on Friday, citing a Feb. 28 speech by a senior Huawei executive. (Reporting by David Kirton; Editing by Christopher Cushing) Brought to you by www.srnnews.com

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Thursday denied Archegos Capital Management LP founder Bill Hwang’s effort to dismiss an indictment accusing him of fraud in the collapse of his once-$36 billion firm. U.S. District Judge Alvin Hellerstein in Manhattan rejected arguments that the 11-count indictment should be tossed because prosecutors deceived Hwang into cooperating with their probe and because Hwang’s trading activity had been lawful. Hwang […]

By Michael Martina WASHINGTON (Reuters) -A new U.S. congressional committee on China held its second hearing on Thursday, highlighting what Washington says is an ongoing genocide against Uyghurs and other ethnic minorities in China’s Xinjiang region. Rights groups accuse Beijing of abuses, including forced labor, mass surveillance and having placed 1 million or more Uyghurs – a mainly Muslim ethnic group – in a network of internment camps in Xinjiang. […]