On June 10, the U.S. Embassy in Windhoek hosted a panel discussion under the theme “Driving Namibia and the United States’ Mutual Interest in Technology.”  The event brought together stakeholders from government, academia, and the private sector to exchange ideas on strengthening cybersecurity, advancing digital innovation, and promoting responsible technology

Despite sanctions, bans, and obstacles, China has managed to obtain AI chips, as evidenced by its progress in AI and robotics. Just a few months ago, it seemed that the US sanctions strategy had finally achieved its goal. China’s ambition for technological independence in artificial intelligence appeared to be unraveling. While Silicon Valley poured billions […] Post How Chinese Companies Circumvent the US Ban on AI Chips at Root-Nation.com.

The Chair said the Chip Equip Act will prevent companies receiving Chips Act funding from buying manufactured equipment from firms owned or controlled by the Chinese government.

Bell Textron has been awarded a contract by the U.S. Department of the Navy with an estimated value of approximately $300 million. The agreement was signed in August 2026 at Bell’s manufacturing facility in Amarillo, Texas. The contract combines fixed-price, fixed-price incentive, and cost-reimbursement elements with fixed-fee provisions. The base contract, with options for extension […] Post Bell Awarded Major Contract to Modernize 49 U.S. Helicopters at Root-Nation.com.

As Europe faces Trump’s tariffs, there is a growing sense of urgency for the continent to decrease its dependence on US technology. Tech sovereignty has been front and centre, with EU industry leaders...

By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) -Japan’s Nippon Steel plans to increase profit at U.S. Steel through an $11 billion investment and the transfer of its operational techniques and advanced technologies to expand capacity and add more high-grade products, a senior executive said. Nippon Steel’s $14.9-billion acquisition of U.S. Steel closed in June, ending an 18-month process that had been caught up in the shifting political landscape during the transition between the Biden and Trump administrations. The investment, running through 2028, and transfer of expertise aim to lift U.S. Steel’s annual profit contribution to 250 billion yen ($1.70 billion) as early as fiscal 2028, up from an expected 150 billion yen in 2026 and 80 billion this year. "Real effects from the investment will appear after 2028," Nippon Steel Vice Chairman Takahiro Mori told Reuters on Thursday, adding that profitability could even grow beyond 250 billion yen. There are plans for a new hot-rolling mill at U.S. Steel’s Mon Valley Works in Pennsylvania, the refurbishment of the No. 14 blast furnace at Gary Works in Indiana, and new electromagnetic steel sheet lines and other capacity expansions. "We are looking to build a new mill from the greenfield," Mori said, citing options like 3 million metric-ton electric arc furnaces, similar to the Big River 2 plant in Arkansas. Mori, the lead negotiator on the deal and now Chairman of U.S. Steel, said the investment would raise U.S. Steel’s domestic crude steel capacity to around 20 million tons from 17 million. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. The acquisition also lifts Nippon Steel’s global annual crude steel capacity to 86 million tons, edging closer to its longer-term 100 million-ton target. A detailed investment plan will be announced later this year as part of Nippon Steel’s new medium-term business strategy. Nippon Steel said in July it would raise 500 billion yen through a subordinated loan to partially repay a 2 trillion yen bridging loan that funded the deal. Mori said the steelmaker also has flexibility with hybrid financing and may consider convertible and corporate bonds. "We’ll assess the optimal timing, interest rates, and whether yen or dollar denominations are preferable to pursue the best financing strategy," he said, adding that equity financing was possible, but only within limits to avoid shareholder dilution. U.S. Steel would fund the $11 billion investment initially, with Nippon Steel stepping in if resources prove insufficient, Mori said. ($1 = 147.3300 yen) Is 5401 part of an AI-powered winning strategy? ProPicks AI evaluates 5401 alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if 5401 is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?

Stock Market News, June 10, 2025: Lutnick Says U.S.-China Talks 'Going Well'; S&P 500 Closes Higher  WSJ

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WASHINGTON (Reuters) -The Federal Communications Commission said on Friday it is investigating nine Chinese companies including Huawei Technologies, ZTE (HK:0763), Hangzhou Hikvision, China Mobile (NYSE:CHL), China Telecom (NYSE:CHA) and others to determine if they are seeking to evade U.S. restrictions. The Chinese companies have all been placed on the FCC (BME:FCC)’s "Covered List" that deems specific communications equipment and services pose a threat to U.S. national security. FCC Chair Brendan Carr said the companies may be still operating in the United States because they do not believe the designation prohibits particular types of operations. Other companies under investigation include Hytera Communications, Dahua Technology Company, Pacifica Networks/ComNet and China Unicom (NYSE:CHU) (Americas). It is the latest in a series of actions against Chinese telecom and technology firms by Washington. The FCC previously barred the Chinese companies from providing telecommunications services in the United States, citing national security concerns. The companies did not comment or immediately respond to requests for comment. Carr said the FCC has reason to believe some or all of the Chinese firms on the list "are trying to make an end run around those FCC prohibitions by continuing to do business in America on a private or ‘unregulated’ basis." He said the FCC "will identify the scope of their ongoing activities and move quickly to close any loopholes that have permitted untrustworthy, foreign adversary state-backed actors to skirt our rules." The FCC’s investigation is seeking detailed information about ongoing U.S. businesses and information about other companies that may be aiding U.S. operations. The FCC sent Letters of Inquiry and at least one subpoena to the companies, the agency said. The FCC last year advanced efforts to step up security of the Border Gateway Protocol, or BGP, which is central to the internet’s global information routing system. The move came after U.S. agencies said China Telecom abused BGP vulnerabilities "to misroute United States internet traffic on at least six occasions."

European governments are moving away from U.S. tech giants, opting for domestic or open-source alternatives.

Four IT professionals lay out just how destructive Elon Musk’s incursion into the U.S. government could be.