TSMC faces curbs on shipping US tech to China

The United States has revoked Taiwan Semiconductor Manufacturing Company’s licence to ship advanced technology from America to China. The decision follows similar restrictions on South Korean firms Samsung and SK Hynix, increasing uncertainty for chipmakers operating Chinese facilities.

TSMC confirmed that Washington has notified that its authorisation will expire by the end of the year. The company said it would discuss the matter with the US government and stressed its commitment to keeping operations in China running without disruption.

The curbs are part of broader US measures to limit China’s access to advanced semiconductors. While they could complicate shipments and force suppliers to seek individual approvals, analysts suggest the direct impact on TSMC will be limited, as its sole Chinese plant in Nanjing makes older-generation chips that contribute only a small share of revenue.

Chinese customers may increasingly turn to domestic chipmakers, even if their technology lags. Such a shift could spur innovation in less performance-critical areas, while global suppliers grapple with higher costs and regulatory hurdles.

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AI improves detection of dangerous plaques linked to heart risk

Researchers have shown that AI can analyse coronary scans after a heart attack and predict future risks better than traditional review. The findings come from the PECTUS-AI study, published in the European Heart Journal.

Using optical coherence tomography, the AI algorithm identified vulnerable plaques across entire artery segments.

Patients with these thin-cap fibroatheromas were found to have significantly higher rates of death, repeat heart attacks or unplanned procedures over two years.

Manual frame-by-frame review by specialists remains time-consuming and inconsistent, while AI delivers a faster and more standardised assessment.

Researchers say further validation is needed before routine adoption, but the technology could play an important role in secondary prevention.

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MyRepublic unveils AI Automation Box for SMEs

Telecom operator MyRepublic has launched the AI Automation Box, a plug-and-play server aimed at helping SMEs automate operations.

The company says the device allows firms to build AI-driven workflows quickly without the need for expensive consultants or large IT teams.

Designed for organisations with 20 to 200 staff, the AI Automation Box combines a no-code workflow builder with options for custom coding.

It comes preloaded with large language models from providers such as OpenAI, Meta and DeepSeek, supported by enterprise-grade GPU hardware.

To support adoption, MyRepublic offers over 100 ready-made templates, tutorials and access to its AI Academy. Typical use cases include customer service, invoicing, reporting, and HR functions, with the system available at $255 a month.

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Hackers exploit Ethereum smart contracts to spread malware

Cybersecurity researchers have uncovered a new method hackers use to deliver malware, which hides malicious commands inside Ethereum smart contracts. ReversingLabs identified two compromised NPM packages on the popular Node Package Manager repository.

The packages, named ‘colortoolsv2’ and ‘mimelib2,’ were uploaded in July and used blockchain queries to fetch URLs that delivered downloader malware. The contracts hid command and control addresses, letting attackers evade scans by making blockchain traffic look legitimate.

Researchers say the approach marks a shift in tactics. While the Lazarus Group previously leveraged Ethereum smart contracts, the novel element uses them as hosts for malicious URLs. Analysts warn that open-source repositories face increasingly sophisticated evasion techniques.

The malicious packages formed part of a broader deception campaign involving fake GitHub repositories posing as cryptocurrency trading bots. With fabricated commits, fake user accounts, and professional-looking documentation, attackers built convincing projects to trick developers.

Experts note that similar campaigns have also targeted Solana and Bitcoin-related libraries, signalling a broader trend in evolving threats.

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Nvidia and Microsoft highlight industrial AI at Seoul Expo

At the Industrial AI Expo in Seoul, Nvidia, Microsoft, and other global tech leaders are showcasing their latest AI technologies.

The three-day exhibition opened on Wednesday at COEX under the theme of integrating AI with industries.

On the sidelines, the Korean Agency for Technology and Standards signed an agreement with 10 significant industry associations to pool high-quality data for AI applications.

Officials say this collaboration will support innovation in the manufacturing supply chain.

The government emphasised its commitment to expanding AI-driven factories and physical AI systems to boost industrial competitiveness. Officials stressed that closer cooperation with the private sector will be essential to achieving these goals.

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Free GPU access offered to AI startups in Taiwan

Taiwan’s new Digital Minister Lin Yi-ching has unveiled his policy agenda, putting AI development, cybersecurity and anti-fraud at the forefront.

He pledged to build on the work of his predecessor while accelerating digital government projects.

Lin said the government will support the AI industry through five key tools: computing power, data, talent, marketing and funding.

Taiwan startups will gain free GPU access, revised regulations will release non-sensitive public data, and a sovereign AI corpus will be developed.

Cybersecurity and fraud prevention are also central. Measures include DNS blocking, government SMS codes, and partnerships with platforms like Google and Line to curb scams. Lin reaffirmed the government’s commitment to the digital certificate wallet.

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Privacy concerns arise as Google reportedly expands gaming data sharing

Google may roll out a Play Games update on 23 September adding public profiles, stat tracking, and community features. Reports suggest users may customise profiles, follow others, and import gaming history, while Google could collect gameplay and developer data.

The update is said to track installed games, session lengths, and in-game achievements, with some participating developers potentially accessing additional data. Players can reportedly manage visibility settings, delete profiles, or keep accounts private, with default settings applied unless changed.

The EU and UK are expected to receive the update on 1 October.

Privacy concerns have been highlighted in Europe. Austrian group NOYB filed a complaint against Ubisoft over alleged excessive data collection in games like Far Cry Primal, suggesting that session tracking and frequent online connections may conflict with GDPR.

Ubisoft could face fines of up to four percent of global turnover, based on last year’s revenues.

Observers suggest the update reflects a social and data-driven gaming trend, though European players may seek more explicit consent and transparency.

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Hong Kong sees surge in stablecoin licensing interest

Bank of China’s Hong Kong-listed shares jumped 6.7% on Monday after reports that the bank’s local branch is preparing to apply for a stablecoin issuer licence. The Hong Kong Economic Journal said the branch has already formed a task force to explore potential issuance.

The move comes after Hong Kong launched its stablecoin licensing regime on 1 August, requiring approval from the Hong Kong Monetary Authority. The framework sets strict rules on reserves, redemptions, fund segregation, anti-money laundering, disclosure and operator checks.

The regime has already drawn interest from major institutions such as Standard Chartered.

Chinese firms JD.com and Ant Financial have also expressed plans to seek licences abroad, potentially in Hong Kong, to support cross-border payments.

Advocates highlight the efficiency of stablecoins, noting that blockchain technology reduces settlement times and cuts intermediary costs. The benefits are particularly pronounced in emerging markets, where stablecoins hedge against currency volatility.

Regulators, however, have urged caution. The SFC and HKMA warned investors about speculation-driven price swings from licensing rumours, highlighting risks of reacting to unverified reports.

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Ukraine’s central bank warns against adding virtual assets to national reserves

Ukraine’s National Bank (NBU) has ruled out adding cryptocurrencies to the country’s foreign currency reserves, calling the proposal premature and high-risk. First Deputy Governor Serhiy Nikolaychuk said crypto volatility could reduce reserves and threaten their security.

The central bank highlighted the lack of a global regulatory framework and unified classification for virtual assets. Including crypto, which could violate IMF rules and impede Ukraine’s EU integration.

The European Central Bank considers it unacceptable for member states to include crypto in their reserves.

A draft law filed with parliament earlier this year would have allowed the NBU to acquire cryptocurrencies if desired. However, lawmakers and central bank officials have expressed caution, citing the high volatility of digital assets and potential risks to national financial stability.

Ukraine has seen rising crypto use since Russia’s 2022 invasion. According to a recent UK think tank report, a lack of comprehensive regulation has led to significant losses from crypto-related crime.

Authorities are continuing to prioritise security and financial prudence over speculative digital holdings.

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CJEU dismisses bid to annul EU-US data privacy framework

The General Court of the Court of Justice of the European Union (CJEU) has dismissed an action seeking the annulment of the EU–US Data Privacy Framework (DPF). Essentially, the DPF is an agreement between the EU and the USA allowing personal data to be transferred from the EU to US companies without additional data protection safeguards.

Following the agreement, the European Commission conducted further investigations to assess whether it offered adequate safeguards. On 10 July 2023, the Commission adopted an adequacy decision concluding that the USA ensures a sufficient level of protection comparable to that of the EU when transferring data from the EU to the USA, and that there is no need for supplementary data protection measures.

However, on 6 September 2023, Philippe Latombe, a member of the French Parliament, brought an action seeking annulment of the EU–US DPF.

He argued that the framework fails to ensure adequate protection of personal data transferred from the EU to the USA. Latombe also claimed that the Data Protection Review Court (DPRC), which is responsible for reviewing safeguards during such data transfers, lacks impartiality and independence and depends on the executive branch.

Finally, Latombe asserted that ‘the practice of the intelligence agencies of that country of collecting bulk personal data in transit from the European Union, without the prior authorisation of a court or an independent administrative authority, is not circumscribed in a sufficiently clear and precise manner and is, therefore, illegal.’As a result, the General Court of the EU dismissed the action for annulment, stating that:

  • The DPRC has sufficient safeguards to ensure judicial independence,
  • US intelligence agencies’ bulk data collection practices are compatible with the EU fundamental rights, and
  • The decision consolidates the European Commission’s ability to suspend or amend the framework if US legal safeguards change.

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