US finalises restrictions on AI, semiconductor investments in China

US finalises restrictions on AI, semiconductor investments in China

Treasury Department says curbs will ensure US investment does not advance technologies that threaten national security. The United States has finalised rules that limit investments in critical technology sectors in China such as artificial intelligence on national security grounds, the Treasury Department has announced. The restrictions will bar US citizens and permanent residents, as well … Read more

Boeing finalises plea deal over fatal 737 Max crashes

Boeing finalises plea deal over fatal 737 Max crashes

Aircraft giant to pay $243.6m fine under agreement that is subject to US judge’s approval. Boeing has finalised a deal to plead guilty to fraud after prosecutors in the United States determined that the company violated a deferred prosecution agreement over two fatal crashes of the 737 Max jetliner. Under the plea deal filed in … Read more

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