Tech News Hub: WEEKLY NEWS ROUNDUP
Welcome to another Tech News Hub: Weekly News Roundup session where we summarise weekly collateral on a single page. This week started with China focusing on-chip manufacturing on competing against US chip manufacturing giants directly.
Though Huawei is taking hit left and right, the company is still thriving and producing updated chips for the mass market. Even though they are mainly supplied to native vendors, they save billions in importing fees.
As many would like to say, the 'China-US chip cold war' is well suited. The Semiconductor Industry Association (SIA) reported the battle of chip manufacturers mainly benefit the general public. Individual users use newer chips with a competing price to performance ratio. It goes for computing, smartphones, gadgets, autonomous vehicles, and so forth.
SMIC remains the top manufacturer even though Huawei is a leading Chinese chip company. Investments are coming from all directions with regulatory support to cope with offshore chips' shortage. Read more in our full story at Tech News Hub.
On the other hand, Google tries to get back the previous image open-source data. Open-source software codes are easily accessible to anyone online. It is making the process of collaboration and learning much more effortless. But it can be a two-way sword. Open sources are looked at by people interested in the positive side of things and eyes that want to find loopholes. Companies depending on open-source data are more prone to cyber-attacks than those who keep their source code private and develop independently. But that doesn't necessarily mean we should stop using open-source contributions as it would take away so much freedom from the digital-centric world.
The recent Log4j vulnerability made tech giants think twice in the open-source scene. Goggle promised to spend $10 billion in development and research to make open-source more secure and efficient.
Hyper-converged Infrastructure (HCI) systems are one of the most phenomenal pieces of tech in the data centre business, making things efficient, mobile and easily upgradable. On our third Tech News Hub story, we listed the top five hyper-converged infrastructures that you can look into in 2022.
On the flip side of IT, Russian officials arrested 14 popular ransomware groups REvil. With them, 426 million roubles ($5.5 million), $600,000 in cash and another 500,000 euros was sabotaged. Twenty luxury cars used by the group members were also seized as they were purchased with ransomware money.
The US and the UK started a joint move to fight in the cybersecurity space, and notice was sent to Russian authorities for collaboration. This capture will reveal more information on the group's activity and motive.
PR blitz by the UK government on ending E2EE (end-to-end encryption) receive controversies as it is reported inadequate by many. President David Cameroon, with former US primer Minister Barak Obama, made a gesture towards removing end-to-end encryption for keeping a lookout on terrorist or criminal conversations. Currently, WhatsApp, Signal, iMessage, Telegram uses E2EE, which don't let the cybersecurity agency eavesdrop on a regular conversation. Facebook reported they would remove E2EE from messaging platforms by 2030. The government is running a PR blitz and will collect advertised feedback from people interested within that period.
Shenzhen, China-based start-up Moffett AI is proud to receive funding from investors to make AI-based chip designs efficient. Our first story was about the government helping private companies become the next Huawei or Tencent. The cash injection in Series A round will provide the same opportunities. Though if the wish will become a reality remains a question.
Last but not least, the ending story was regarding an MSP named Awecomm. Awecomm recently published their 2022 Strategic Partnership announcement, on which the company talked about expansion. Also, the CEO of Awecomm gave a reaction to a WSJ report, which you can find in our full story.