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Volt Typhoon Strikes! US-China Tech War Heats Up with Hacks, Bans & an AI Sensation Called DeepSeek
This is your Beijing Bytes: US-China Tech War Updates podcast.
Hey there, I'm Ting, and let's dive right into the latest on the US-China tech war. Over the past two weeks, things have been heating up, especially in cybersecurity. Just in early December, a state-sponsored cyberattack by the Chinese Communist Party (CCP) hit the US Treasury Department, targeting the Office of Foreign Assets Control and the Office of the Treasury Secretary. This isn't just about data theft; it's about disrupting critical infrastructure and military supply lines, particularly concerning Taiwan[2].
But that's not all. The CCP has been busy, with hacker groups like Volt Typhoon and Salt Typhoon making headlines. Volt Typhoon managed to gain control of hundreds of internet routers in the US, setting them up as launch pads for attacks on water treatment plants, the electrical grid, and transportation systems. Meanwhile, Salt Typhoon targeted US officials, including phones used by Donald Trump and his running mate, Senator JD Vance, as well as staff members of Vice President Kamala Harris's campaign. It's clear that China is using cyberattacks as a strategic tool to undermine its competitors and gather sensitive intelligence[2].
On the policy front, the US has introduced a stringent investment ban on China, effective January 2025. This ban focuses on sensitive technologies like AI, semiconductors, and quantum computing, requiring detailed due diligence from US investors. The Biden Administration formalized this regulatory framework in 2024, aiming to curtail the flow of US capital and expertise into sectors that could bolster China's military capabilities or surveillance infrastructure[3].
The tech industry is feeling the heat, especially with the emergence of Chinese AI start-up DeepSeek. DeepSeek has created an open-source AI model comparable to its US competitors at a fraction of the cost, causing a stir in the market. Investors sold tech stocks over concerns that DeepSeek could threaten the market dominance of US-based AI leaders. The White House is evaluating the impact of DeepSeek on national security, and analysts are debating whether this could hasten tech decoupling between the two economies or lead to greater partnership[5].
Looking ahead, China's computing market is projected to outgrow the US by 8X by 2029, with significant investments in AI, semiconductor independence, and 5G infrastructure driving this growth. Local companies like Huawei, Alibaba, and Baidu are leading in AI research, custom chip design, and cloud computing solutions, setting new global standards in technology[1].
In conclusion, the US-China tech war is intensifying, with cybersecurity incidents, new tech restrictions, and policy changes shaping the landscape. As an expert, I predict further trade barriers, policy restrictions, and disruptions in semiconductor supply chains. The future of global tech dominance is at stake, and it's anyone's game. Stay tuned for more updates from Beijing Bytes.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
Hey there, I'm Ting, and let's dive right into the latest on the US-China tech war. Over the past two weeks, things have been heating up, especially in cybersecurity. Just in early December, a state-sponsored cyberattack by the Chinese Communist Party (CCP) hit the US Treasury Department, targeting the Office of Foreign Assets Control and the Office of the Treasury Secretary. This isn't just about data theft; it's about disrupting critical infrastructure and military supply lines, particularly concerning Taiwan[2].
But that's not all. The CCP has been busy, with hacker groups like Volt Typhoon and Salt Typhoon making headlines. Volt Typhoon managed to gain control of hundreds of internet routers in the US, setting them up as launch pads for attacks on water treatment plants, the electrical grid, and transportation systems. Meanwhile, Salt Typhoon targeted US officials, including phones used by Donald Trump and his running mate, Senator JD Vance, as well as staff members of Vice President Kamala Harris's campaign. It's clear that China is using cyberattacks as a strategic tool to undermine its competitors and gather sensitive intelligence[2].
On the policy front, the US has introduced a stringent investment ban on China, effective January 2025. This ban focuses on sensitive technologies like AI, semiconductors, and quantum computing, requiring detailed due diligence from US investors. The Biden Administration formalized this regulatory framework in 2024, aiming to curtail the flow of US capital and expertise into sectors that could bolster China's military capabilities or surveillance infrastructure[3].
The tech industry is feeling the heat, especially with the emergence of Chinese AI start-up DeepSeek. DeepSeek has created an open-source AI model comparable to its US competitors at a fraction of the cost, causing a stir in the market. Investors sold tech stocks over concerns that DeepSeek could threaten the market dominance of US-based AI leaders. The White House is evaluating the impact of DeepSeek on national security, and analysts are debating whether this could hasten tech decoupling between the two economies or lead to greater partnership[5].
Looking ahead, China's computing market is projected to outgrow the US by 8X by 2029, with significant investments in AI, semiconductor independence, and 5G infrastructure driving this growth. Local companies like Huawei, Alibaba, and Baidu are leading in AI research, custom chip design, and cloud computing solutions, setting new global standards in technology[1].
In conclusion, the US-China tech war is intensifying, with cybersecurity incidents, new tech restrictions, and policy changes shaping the landscape. As an expert, I predict further trade barriers, policy restrictions, and disruptions in semiconductor supply chains. The future of global tech dominance is at stake, and it's anyone's game. Stay tuned for more updates from Beijing Bytes.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
View all episodes
By Quiet. PleaseThis is your Beijing Bytes: US-China Tech War Updates podcast.
Hey there, I'm Ting, and let's dive right into the latest on the US-China tech war. Over the past two weeks, things have been heating up, especially in cybersecurity. Just in early December, a state-sponsored cyberattack by the Chinese Communist Party (CCP) hit the US Treasury Department, targeting the Office of Foreign Assets Control and the Office of the Treasury Secretary. This isn't just about data theft; it's about disrupting critical infrastructure and military supply lines, particularly concerning Taiwan[2].
But that's not all. The CCP has been busy, with hacker groups like Volt Typhoon and Salt Typhoon making headlines. Volt Typhoon managed to gain control of hundreds of internet routers in the US, setting them up as launch pads for attacks on water treatment plants, the electrical grid, and transportation systems. Meanwhile, Salt Typhoon targeted US officials, including phones used by Donald Trump and his running mate, Senator JD Vance, as well as staff members of Vice President Kamala Harris's campaign. It's clear that China is using cyberattacks as a strategic tool to undermine its competitors and gather sensitive intelligence[2].
On the policy front, the US has introduced a stringent investment ban on China, effective January 2025. This ban focuses on sensitive technologies like AI, semiconductors, and quantum computing, requiring detailed due diligence from US investors. The Biden Administration formalized this regulatory framework in 2024, aiming to curtail the flow of US capital and expertise into sectors that could bolster China's military capabilities or surveillance infrastructure[3].
The tech industry is feeling the heat, especially with the emergence of Chinese AI start-up DeepSeek. DeepSeek has created an open-source AI model comparable to its US competitors at a fraction of the cost, causing a stir in the market. Investors sold tech stocks over concerns that DeepSeek could threaten the market dominance of US-based AI leaders. The White House is evaluating the impact of DeepSeek on national security, and analysts are debating whether this could hasten tech decoupling between the two economies or lead to greater partnership[5].
Looking ahead, China's computing market is projected to outgrow the US by 8X by 2029, with significant investments in AI, semiconductor independence, and 5G infrastructure driving this growth. Local companies like Huawei, Alibaba, and Baidu are leading in AI research, custom chip design, and cloud computing solutions, setting new global standards in technology[1].
In conclusion, the US-China tech war is intensifying, with cybersecurity incidents, new tech restrictions, and policy changes shaping the landscape. As an expert, I predict further trade barriers, policy restrictions, and disruptions in semiconductor supply chains. The future of global tech dominance is at stake, and it's anyone's game. Stay tuned for more updates from Beijing Bytes.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
Hey there, I'm Ting, and let's dive right into the latest on the US-China tech war. Over the past two weeks, things have been heating up, especially in cybersecurity. Just in early December, a state-sponsored cyberattack by the Chinese Communist Party (CCP) hit the US Treasury Department, targeting the Office of Foreign Assets Control and the Office of the Treasury Secretary. This isn't just about data theft; it's about disrupting critical infrastructure and military supply lines, particularly concerning Taiwan[2].
But that's not all. The CCP has been busy, with hacker groups like Volt Typhoon and Salt Typhoon making headlines. Volt Typhoon managed to gain control of hundreds of internet routers in the US, setting them up as launch pads for attacks on water treatment plants, the electrical grid, and transportation systems. Meanwhile, Salt Typhoon targeted US officials, including phones used by Donald Trump and his running mate, Senator JD Vance, as well as staff members of Vice President Kamala Harris's campaign. It's clear that China is using cyberattacks as a strategic tool to undermine its competitors and gather sensitive intelligence[2].
On the policy front, the US has introduced a stringent investment ban on China, effective January 2025. This ban focuses on sensitive technologies like AI, semiconductors, and quantum computing, requiring detailed due diligence from US investors. The Biden Administration formalized this regulatory framework in 2024, aiming to curtail the flow of US capital and expertise into sectors that could bolster China's military capabilities or surveillance infrastructure[3].
The tech industry is feeling the heat, especially with the emergence of Chinese AI start-up DeepSeek. DeepSeek has created an open-source AI model comparable to its US competitors at a fraction of the cost, causing a stir in the market. Investors sold tech stocks over concerns that DeepSeek could threaten the market dominance of US-based AI leaders. The White House is evaluating the impact of DeepSeek on national security, and analysts are debating whether this could hasten tech decoupling between the two economies or lead to greater partnership[5].
Looking ahead, China's computing market is projected to outgrow the US by 8X by 2029, with significant investments in AI, semiconductor independence, and 5G infrastructure driving this growth. Local companies like Huawei, Alibaba, and Baidu are leading in AI research, custom chip design, and cloud computing solutions, setting new global standards in technology[1].
In conclusion, the US-China tech war is intensifying, with cybersecurity incidents, new tech restrictions, and policy changes shaping the landscape. As an expert, I predict further trade barriers, policy restrictions, and disruptions in semiconductor supply chains. The future of global tech dominance is at stake, and it's anyone's game. Stay tuned for more updates from Beijing Bytes.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta