• bitcoinBitcoin(BTC)$80,820.004.52%
  • ethereumEthereum(ETH)$2,501.794.79%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$719.774.30%
  • rippleXRP(XRP)$1.445.72%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$103.393.26%
  • tronTRON(TRX)$0.3299871.58%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.90%
  • HyperliquidHyperliquid(HYPE)$86.595.92%
  • zcashZcash(ZEC)$936.5514.77%
  • dogecoinDogecoin(DOGE)$0.0868795.65%
  • RainRain(RAIN)$0.0171082.31%
  • moneroMonero(XMR)$516.591.08%
  • USDSUSDS(USDS)$1.000.02%
  • chainlinkChainlink(LINK)$11.796.10%
  • whitebitWhiteBIT Coin(WBT)$73.804.34%
  • leo-tokenLEO Token(LEO)$9.330.92%
  • cardanoCardano(ADA)$0.2219538.17%
  • stellarStellar(XLM)$0.1824022.76%
  • bitcoin-cashBitcoin Cash(BCH)$255.544.23%
  • daiDai(DAI)$1.00-0.02%
  • CantonCanton(CC)$0.1121893.19%
  • Ethena USDeEthena USDe(USDE)$1.000.05%
  • USD1USD1(USD1)$1.000.03%
  • uniswapUniswap(UNI)$6.359.62%
  • litecoinLitecoin(LTC)$51.032.20%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.372.12%
  • hedera-hashgraphHedera(HBAR)$0.0786364.51%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • avalanche-2Avalanche(AVAX)$7.503.92%
  • suiSui(SUI)$0.772.21%
  • shiba-inuShiba Inu(SHIB)$0.0000052.15%
  • paypal-usdPayPal USD(PYUSD)$1.000.03%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • crypto-com-chainCronos(CRO)$0.0573975.70%
  • tether-goldTether Gold(XAUT)$4,462.651.42%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • nearNEAR Protocol(NEAR)$1.943.26%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • MemeCoreMemeCore(M)$1.04-2.77%
  • okbOKB(OKB)$108.293.99%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.03%
  • BittensorBittensor(TAO)$225.623.89%
  • aaveAave(AAVE)$133.064.74%
  • pax-goldPAX Gold(PAXG)$4,470.301.34%
  • AsterAster(ASTER)$0.71-1.69%
  • mantleMantle(MNT)$0.570.88%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.0576272.92%
  • OndoOndo(ONDO)$0.3614753.34%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

US wants to limit China’s access to cloud services: report

July 4, 2023
in Business
Reading Time: 8 mins read
A A
US wants to limit China’s access to cloud services: report
ShareShareShareShareShare

The Biden administration is considering implementing a new rule that would block Chinese firms from using cloud-computing services such as those offered by US tech giants Amazon and Microsoft, according to a report Tuesday.

Under the potential rule, US companies could be required to obtain government approval before offering their cloud services that use advanced artificial intelligence computer chips to China-based customers, the Wall Street Journal reported, citing people familiar with the matter.

YOU MAY ALSO LIKE

Elon Musk launches steering-wheel-free Tesla Cybercabs

Popular San Diego County brewing company closing after 15 years

The proposal would effectively close a loophole that would have allowed Chinese AI firms to use the high-powered computer chips through cloud services, despite export restrictions meant to limit their access, according to the report.

The Commerce Department is set to include the restrictions in the weeks ahead as it expands limits on semiconductor exports to China that were first imposed last October, the report added.


Amazon is the world’s largest cloud provider.
Moment Editorial/Getty Images

Details about the policy surfaced as US and Chinese officials engage in a back-and-forth campaign to limit each country’s access to scarce computer chips and other key elements of the tech supply chain.

The Commerce Department declined to comment on the Journal’s report.

Representatives for Amazon and Microsoft could not immediately be reached.


Chinese President Xi Jinping
Chinese President Xi Jinping is pictured.
AP

Treasury Secretary Janet Yellen is embarking on a closely-watched trip to Beijing on Thursday to restart economic talks between the two powers.

“While in Beijing, Secretary Yellen will discuss with [People’s Republic of China] officials the importance for our countries – as the world’s two largest economies – to responsibly manage our relationship, communicate directly about areas of concern, and work together to address global challenges,” the Treasury Department said in a release.

Earlier this week, China said it would curb exports of crucial metals used to produce semiconductors.


Microsoft
Microsoft could not immediately be reached for comment on the policy.
AP

Days earlier, the Journal reported that the Biden administration would block shipments of chips manufactured by Nvidia and other top firms to Chinese customers by as soon as July.

Amazon Web Services and Microsoft’s Azure are the two biggest cloud providers by market share.

Each company currently has customers in China, where they compete with domestic tech giant Alibaba.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Elon Musk launches steering-wheel-free Tesla Cybercabs
Business

Elon Musk launches steering-wheel-free Tesla Cybercabs

September 3, 2026
Popular San Diego County brewing company closing after 15 years
Business

Popular San Diego County brewing company closing after 15 years

September 3, 2026
Nike closes 11 stores across the US — including one in California
Business

Nike closes 11 stores across the US — including one in California

September 3, 2026
Nvidia buying AI startup Hugging Face for whopping B
Business

Nvidia buying AI startup Hugging Face for whopping $13B

September 3, 2026
Next Post
Why Aveva Is Buying Osisoft in  Billion Deal

Why Aveva Is Buying Osisoft in $5 Billion Deal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Fantasy football rankings 2026: Sleepers, breakouts, busts from computer that hit Daniel Jones' surprise year – CBS Sports

Fantasy football rankings 2026: Sleepers, breakouts, busts from computer that hit Daniel Jones' surprise year – CBS Sports

August 29, 2026
Trump signs executive orders on birthright citizenship

Trump signs executive orders on birthright citizenship

August 28, 2026
NBC Nightly News Full Episode – August 1

NBC Nightly News Full Episode – August 1

August 31, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!