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BBCNEWS BBC News June 4, 2024 15:11:00

Of the licence fee. the long term future of the bbc is inevitably bound up with this single issue. stuart purvis talking to me earlier. president biden has said americans should rest assured that the us banking system remains safe, after the failure of the california based silicon valley bank. in a televised address from the white house, mr biden said his administration had acted to ensure that svb customers would be able to get all their money. he said he would do whatever was needed to maintain stability. earlier, the british multinational, hsbc, agreed to buy the uk arm of silicon valley bank forjust over $1. our business correspondent, theo leggett reports. an unexpected crisis. a hurried solution and the owners of businesses like this one are breathing a sigh of relief. universal quantum is trying to develop a revolutionary new generation of supercomputers. like many small tech firms it is a customer of american lender silicon ....

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US Technological Dominance Is Not What It Used to Be

The US still leads the world in artificial intelligence, but there are signs it is losing its edge to China in other areas of advanced computing. ....

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FOXNEWS Fox News Live June 4, 2024 21:18:00

Supercomputers, artificial intelligence, some military areas. so our side cannot believe that we think we are permanently the number one power in the world. it is not true the chinese at least perceive they are equal or even ahead of us in some areas. this kind of balloon behavior fits right in with their sense of superiority or at least equality with this. before finally we are told this latest incident and something about the size of a car. 40000 feet lower than the balloon might not be a balloon. might it be a new stealth type of vehicle something from china what is your gut say this could be? the main thing is largely against america these programs are designed to improve the effectiveness if china has to attack us. at the little drop that marine ....

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BBCNEWS Talking Business Asia June 4, 2024 01:34:00

The production of cutting edge chips a national priority. it wants to be self sufficient when it comes to semiconductors. it s not quite a high tech superpower yet, and us controls are causing problems. translation: in order- to maintain tech hegemony, the united states has misused export control measures to maliciously block and suppress chinese businesses. this practice deviates from the principle of fair competition and violates international economic and trade rules. now the us is investing billions of dollars to expand the production of chips on american shores. the legislation that allows for that is called the us chips and science act. one of the companies taking advantage of it is micron. it s one of the biggest players in the memory chips business. memory chips are essential for anything that has a processor, but also for bigger items like supercomputers. i sat down with the chief ....

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BBCNEWS Talking Business Asia June 4, 2024 02:36:00

In the memory chips business. memory chips are essential for anything that has a processor, but also for bigger items like supercomputers. i sat down with the chief executive of micron, and started by asking him how that legislation will affect his business. well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i m glad you mentioned cost, because there s a reason that the supply chains move to asia in the first place, isn t there? are you confident that the us can be the dominant manufacturer? ....

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