The US Commerce Department has fined GlobalFoundries $500,000 for exporting semiconductor chips to SJ Semiconductor, an affiliate of China’s blacklisted chipmaker SMIC, without proper authorisation. GlobalFoundries, based in New York and one of the world’s largest contract chipmakers, reportedly made 74 shipments valued at $17.1M to the Chinese firm without obtaining the required export license. SJ Semiconductor and its parent, SMIC, were placed on the US trade restriction list in 2020 due to SMIC’s alleged links to China’s military.
GlobalFoundries disclosed the unintentional violation, attributing the exports to a data-entry error that occurred before the Chinese firms were listed. The company emphasised its commitment to strict compliance practices, a sentiment echoed by Assistant Secretary for Export Enforcement Matthew Axelrod, who urged American companies to be vigilant in transactions with Chinese entities.
This fine comes amid increased scrutiny of US export policy and enforcement, particularly as Washington works to prevent American technology from enhancing China’s military capabilities. GlobalFoundries is also in line to receive $1.5B in government support to expand semiconductor manufacturing in the United States, part of the Biden administration’s broader push to boost domestic chip production.
US tech companies have raised concerns over a proposed data protection law in Vietnam, warning it could restrict their ability to grow in one of Asia’s largest digital markets. The draft law, which is under discussion in Vietnam’s parliament, aims to tighten controls on data protection, limit data transfers abroad, and give authorities easier access to information. Major industry players, represented by the Information Technology Industry Council, argue that these restrictions could hinder companies like Meta, Google, and Equinix from effectively reaching their large Vietnamese user base and building new data centres.
Vietnam, home to 100 million people, is an attractive market for tech and social media companies and has ambitions to expand its data centre industry through foreign investments. However, the new law would require companies to obtain prior authorisation before transferring “core” or “important” data abroad—terms that critics say are vaguely defined. In addition, companies may be required to share data with the government in cases broadly categorised as being in the “public interest.”
The US tech sector has voiced opposition, citing an “undue expansion of government access” that could create significant compliance challenges. The American Chamber of Commerce in Hanoi has joined the call, urging lawmakers to reconsider the legislation’s quick adoption, which is scheduled for a vote on November 30. Industry analysts are watching closely, as the law could impact foreign investment plans, including Google’s potential new data centre in southern Vietnam.
Google has won a trademark lawsuit brought by Shorts International, a British company specialising in short films, over the use of the word ‘shorts’ in YouTube‘s short video platform, YouTube Shorts. London’s High Court found no risk of consumer confusion between Shorts International’s brand and YouTube’s platform, which launched in 2020 as a response to TikTok‘s popularity.
Shorts International, known for its short film television channel, argued that YouTube Shorts infringed on its established trademark. However, Google’s lawyer, Lindsay Lane, countered that it was clear the ‘Shorts’ platform belonged to YouTube, removing any chance of brand confusion.
Judge Michael Tappin ruled in favour of Google, stating that the use of ‘shorts’ by YouTube would not affect the distinctiveness or reputation of Shorts International’s trademark. The court’s decision brings the legal challenge to a close, dismissing all claims of infringement.
The Kremlin has called on Google to lift its restrictions on Russian broadcasters on YouTube, highlighting mounting legal claims against the tech giant as potential leverage. Google blocked more than a thousand Russian channels and over 5.5 million videos, including state-funded media, after halting ad services in Russia following its invasion of Ukraine in 2022.
Russia’s legal actions against Google, initiated by 17 Russian TV channels, have led to compound fines based on the company’s revenue in Russia, accumulating to a staggering figure reportedly in the “undecillions,” according to Russian media. Kremlin spokesperson Dmitry Peskov described this enormous number as symbolic but urged Google to take these legal pressures seriously and reconsider its restrictions.
In response, Google has not commented on these demands. Russian officials argue that such restrictions infringe on the country’s broadcasters and hope the significant financial claims will compel Google to restore access to Russian media content on YouTube.
Seven families in France are suing TikTok, alleging that the platform’s algorithm exposed their teenage children to harmful content, leading to tragic consequences, including the suicides of two 15-year-olds. Filed at the Créteil judicial court, this grouped case seeks to hold TikTok accountable for what the families describe as dangerous content promoting self-harm, eating disorders, and suicide.
The families’ lawyer, Laure Boutron-Marmion, argues that TikTok, as a company offering its services to minors, must address its platform’s risks and shortcomings. She emphasised the need for TikTok’s legal liability to be recognised, especially given that its algorithm is often blamed for pushing disturbing content. TikTok, like Meta’s Facebook and Instagram, faces multiple lawsuits worldwide accusing these platforms of targeting minors in ways that harm their mental health.
TikTok has previously stated it is committed to protecting young users’ mental well-being and has invested in safety measures, according to CEO Shou Zi Chew’s remarks to US lawmakers earlier this year.
Aleksei Andriunin, the founder of cryptocurrency firm Gotbit, has been indicted in the US for alleged involvement in a conspiracy to manipulate cryptocurrency markets. The Justice Department claims that Andriunin and his firm provided market manipulation services to increase artificial trading volumes for various cryptocurrency companies from 2018 to 2024.
The superseding indictment also names Gotbit’s directors, Fedor Kedrov and Qawi Jalili, who were already charged earlier in October. Prosecutors allege that these actions aimed to distort the cryptocurrency markets, with several companies, including some in the United States, reportedly benefitting from these tactics.
If convicted, Andriunin faces significant penalties, with wire fraud charges carrying a potential 20-year prison sentence. He could also face an additional five years for conspiracy charges. The allegations form part of a larger crackdown on crypto market manipulation, which has already led to several arrests and asset seizures worth $25 million.
Recent moves by federal prosecutors highlight a more aggressive stance on crypto-related fraud. They have targeted multiple firms, including Gotbit, and several leaders have already agreed to plead guilty. The crackdown aims to strengthen transparency and curb malpractice in the cryptocurrency market.
A US federal appeals court has expressed doubts over the Federal Communications Commission’s authority to reinstate net neutrality rules. A three-judge panel of the 6th Circuit Court in Cincinnati heard arguments from the telecom industry, which claims the FCC exceeded its powers by reintroducing the rules. Initially implemented under the Obama administration, net neutrality was later repealed by the Trump administration before being revived under President Joe Biden.
Net neutrality regulations prevent internet service providers (ISPs) from blocking or slowing access to websites and prohibit paid prioritisation arrangements that favour some content over others. The FCC’s April decision to classify broadband as a telecommunications service has drawn significant opposition from major telecom firms, while receiving backing from tech giants like Amazon, Apple, and Google. However, the 6th Circuit has temporarily blocked the rules’ enforcement while the legal challenge proceeds.
Central to the case is whether Congress granted the FCC sufficient authority to make sweeping regulations on internet services. The telecom industry argues that the ‘major questions’ doctrine, a judicial principle requiring clear congressional authorisation for significant regulatory action, should apply. Industry lawyer Jeff Wall contends that Congress should decide the matter, not an agency acting independently.
The judges also debated the FCC’s evolving stance on broadband regulation over recent administrations. Judge Griffin questioned whether frequent policy shifts weakened the FCC’s case, while Judge Kethledge urged a focus on statutory text rather than broad doctrines. A ruling on the matter could significantly impact the regulatory landscape for ISPs and the future of net neutrality.
Nishad Singh, former chief engineer at FTX, avoided prison after cooperating in the fraud investigation that led to the conviction of FTX founder Sam Bankman-Fried. The judge granted Singh three years of supervised release, crediting his detailed testimony, which helped expose fraudulent activities at FTX. Singh, once a billionaire on paper, admitted to participating in the scheme but has since expressed deep regret for his involvement.
Singh testified last year about the theft of billions in customer funds, revealing his role in concealing transactions and supporting Bankman-Fried’s political donations. Reflecting on his actions, he told the court of his remorse for betraying his values and causing harm. Defence lawyers argued for leniency, noting Singh’s limited role compared to Bankman-Fried and other executives.
Judge Kaplan praised Singh’s swift cooperation, emphasising the difficulty of his decision to implicate himself in such a high-profile case. Despite being part of FTX’s inner circle, Singh’s cooperation and openness about the crime were acknowledged by the court as significant contributions to the investigation.
Singh’s leniency contrasts with Bankman-Fried’s 25-year sentence, imposed after FTX’s collapse in November 2022. Another executive, Caroline Ellison, received a two-year sentence despite her cooperation. The case highlights the court’s complex approach to sentencing as former FTX associates face accountability in one of the largest crypto frauds to date.
Australia’s competition regulator, the ACCC, has filed a lawsuit against Optus, owned by Singapore Telecommunications, for alleged ‘unconscionable’ conduct in selling mobile phones and plans to vulnerable consumers. The ACCC claims that the company’s actions impacted around 429 customers, with a significant portion of these sales conducted at three stores in Darwin and Mount Isa. According to the ACCC, Optus financially benefited from these practices, which were reinforced by sales staff incentives.
ACCC Chair Gina Cass-Gottlieb stated that Optus allegedly prioritised its own financial interests by clawing back commissions from sales staff but failed to remedy affected customers. The regulator seeks penalties, consumer redress, compliance measures, and court costs in the case.
Optus Interim CEO Michael Venter responded, confirming that disciplinary measures, including terminations, had been taken against implicated staff. Optus is also refunding affected customers, waiving outstanding debts, and allowing them to keep the devices they received.
The Cybersecurity and Infrastructure Security Agency (CISA) has announced its first International Strategic Plan for 2025-2026, underscoring a robust commitment to securing US critical infrastructure (CI) through global partnerships. Building on its previous 2023-2025 Strategic Plan, this new approach aligns with the National Security Memorandum on Critical Infrastructure Security and Resilience, highlighting the essential role of international cooperation in protecting interconnected cyber and physical systems.
To achieve its mission, CISA has outlined three primary goals for international engagement:
Bolster the Resilience of Foreign Infrastructure on Which the US Depends: Collaborating with foreign partners, CISA aims to fortify international infrastructure, mitigating risks that could disrupt critical US operations.
Strengthen Integrated Cyber Defense: By sharing expertise, resources, and best practices, CISA and its allies can build a unified defence, equipping nations to address emerging threats to critical infrastructure better.
Unify Agency Coordination of International Activities: The agency’s “One CISA” approach seeks to streamline efforts and maximise the impact of global partnerships, reducing redundancy and fostering cohesive international collaboration.
