Dollar Stock Club

Exclusive-China mandates 50% domestic equipment rule for chipmakers, sources say

SINGAPORE, Dec 30 (Reuters) – China is requiring chipmakers to use at least 50% domestically made equipment for adding new capacity, three people familiar with the matter said, as Beijing pushes to build a self-sufficient semiconductor supply chain. The rule is not publicly documented, but chipmakers seeking state approval to build or expand their plants…

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Two US cyber experts plead guilty to cooperating with notorious ransomware gang

By Raphael Satter WASHINGTON, Dec 30 (Reuters) – Two U.S. cybersecurity professionals have pleaded guilty after they were accused of working with a notorious ransomware gang to shake down American targets, the Justice Department said in a statement on Tuesday. Justice Department officials said that Ryan Goldberg, 40, of Georgia, and Kevin Martin, 36, of…

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