Speaker 1: Hey, listeners, it's ting Buckle up for today's Beijing bites,
Speaker 1: where your favorite tech whisperer wraps up a wild fortnight
Speaker 1: in the ongoing US China tech chess match. The weather
Speaker 1: in Washington is hot and steamy, and the news in
Speaker 1: cyber and Semis is even hotter. Right out of the gates,
Speaker 1: a plot twist no one saw coming, July delivered a
Speaker 1: rare ceasefire in the infamous chip war. After years of
Speaker 1: exports bands piling higher than my overdue code reviews, the
Speaker 1: US actually dialed things back. On July third, President Trump's
Speaker 1: administration suddenly lifted a ban on vital chip design software
Speaker 1: sales to China, undoing a move that rattled eeda goliaths
Speaker 1: like Synopsis and Cadence. Their stock popped instantly, and for
Speaker 1: one golden moment, analysts dared to praise a small ceasefire
Speaker 1: between Washington and Beijing. Not to be outdone, the US
Speaker 1: greenlit in Nvidia to resume some advanced AI chip sales
Speaker 1: to China, just months after a blanket ban choked off
Speaker 1: the last pipeline. Traders on Wall Street cheered, but Capitol
Speaker 1: Hill far less amused. John Mullinar, chair of the House
Speaker 1: Select Committee on China fired off a warning that selling
Speaker 1: Nvidia's H twenty chips could provide substantial increase to China's
Speaker 1: AI development, which translation means sleepless nights for US national
Speaker 1: security hawks. What's the game here? Simple negotiation. Beijing responded
Speaker 1: by softening its rare Earth embargo, and the two giants
Speaker 1: have opened up high level trade talks. US Treasury Secretary
Speaker 1: Scott Bessant claimed trade is in a good place, hinting
Speaker 1: at more pragmatic, if fragile tech diplomacy ahead. Yet don't
Speaker 1: get comfy, deep distrust lingers. Congress is actively debating outbound
Speaker 1: investment curbs for US money into Chinese AI and semiconductors,
Speaker 1: and new strategic export controls are popping up among US
Speaker 1: allies like the Netherlands. Meanwhile, in Beijing, the Foreign Ministry
Speaker 1: keeps railing against tech containment, doubling down on self reliance,
Speaker 1: and blasting what it calls the weaponization of science and technology. Now,
Speaker 1: let's click over to cybersecurity. A truly nail biting few
Speaker 1: weeks if you're running on prem SharePoint, Microsoft and Sissa
Speaker 1: urgently warned that hackers are exploiting a critical flaw toolshell,
Speaker 1: letting them waltz through SharePoint servers. Globally, dozens of government
Speaker 1: and energy orgs breached, including at least two US federal agencies. OUCH.
Speaker 1: Google's Threat Intelligence group spotted attackers planting webshells and yunking
Speaker 1: cryptographic secrets. Recommendation patch yesterday Assume you're breached, Investigate everything.
Speaker 1: Microsoft also faced flak after journalists revealed that China based
Speaker 1: engineers were working on tech used by the US Department
Speaker 1: of Defense. Frankshaw from Microsoft hastily declared no more China
Speaker 1: based teams on Pentagon projects, effective immediately. Meanwhile, across the globe,
Speaker 1: China linked hacker group APT forty one embarked on fresh
Speaker 1: cyber espionage campaigns in Africa, leveraging you guessed it, compromised
Speaker 1: SharePoint servers. Their malware cleverly avoids activating on systems set
Speaker 1: to Chinese, Japanese or Korean. No friendly fire for these pros.
Speaker 1: Big picture industry is feeling the whiplash, and Video expects
Speaker 1: fifteen billion dollars from China this half alone, but new
Speaker 1: export controls could still bite hard if the rules shift again.
Speaker 1: Export restrictions help US national security but sap us firm
Speaker 1: innovation if taken too far. Everyone's walking at tech tightrope
Speaker 1: expert consensus. We're in for more sea sawing, fleeting detante
Speaker 1: than new friction. Policymakers and CEOs alike are balancing innovation, revenue,
Speaker 1: and risk as China sprints toward indigenous chip design and AI.
Speaker 1: My bet the chip war takes a summer breather, but
Speaker 1: the race to rule AI and cyber is only getting started.
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