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China says will not fire first shot in trade war with U.S.

China will “absolutely not” fire the first shot in a trade war with the United States and will not be the first to levy tariffs, its finance ministry said on Wednesday. A person with knowledge of the plan earlier told Reuters China’s threatened tariffs on $34 billion (25.74 billion pounds) of U.S. goods would take effect from the beginning of the day on Friday. Given the 12-hour time difference, that would have put its implementation ahead of Washington’s. Other media carried similar reports. …read more […]

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Google says it's not reading your Gmail, except when it does…

Google published a blog explaining the terms on which hundreds of app makers are given access to millions of inboxes belonging to Gmail users. It’s not clear whether Gmail users are notified when Google rummages through messages to address these issues. Google was hauled over the coals this week for reportedly giving hundreds of app makers access to millions of inboxes belonging to Gmail users. …read more […]

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Micron’s China Ban Is Latest Blow to Chipmakers in No. 1 Market

The decision by a Chinese court to temporarily ban some sales by Micron Technology Inc. adds to a series of setbacks for the world’s chipmaking giants in their most important market. Micron, which has been caught up in dueling intellectual property lawsuits with United Microelectronics Corp., received a preliminary injunction from the Fuzhou Intermediate People’s Court in Fujian province stopping sales of 26 products. Chipmakers are finding it increasingly fraught doing business in China, the world’s biggest market for semiconductors, amid tensions with the U.S. over trade and the Asian country’s own aspirations in the sector. …read more […]