Saturday, February 24th, 2024

Time	Event
12:02a	India's Plan To Let 1998 Digital Trade Deal Expire May Worsen Chip Shortage An anonymous reader quotes a report from Ars Technica: India's plan to let a moratorium on imposing customs duties on cross-border digital e-commerce transactions expire may end up hurting India's more ambitious plans to become a global chip leader in the next five years, Reuters reported. It could also worsen the global chip shortage by spiking semiconductor industry costs at a time when many governments worldwide are investing heavily in expanding domestic chip supplies in efforts to keep up with rapidly advancing technologies. Early next week, world leaders will convene at a World Trade Organization (WTO) meeting, just before the deadline to extend the moratorium hits in March. In place since 1998, the moratorium has been renewed every two years since -- but India has grown concerned that it's losing significant revenues from not imposing taxes as demand rises for its digital goods, like movies, e-books, or games. Hoping to change India's mind, a global consortium of semiconductor industry associations known as the World Semiconductor Council (WSC) sent a letter to Indian Prime Minister Narendra Modi on Thursday. Reuters reviewed the letter, reporting that the WSC warned Modi that ending the moratorium "would mean tariffs on digital e-commerce and an innumerable number of transfers of chip design data across countries, raising costs and worsening chip shortages." Pointing to Modi's $10 billion semiconductor incentive package -- which Modi has said is designed to advance India's industry through "giant leaps" in its mission to become a technology superpower -- the WSC cautioned Modi that pushing for customs duties may dash those global chip leader dreams. Studies suggest that India should be offering tax incentives, not potentially threatening to impose duties on chip design data. That includes a study from earlier this year, released after the Semiconductor Industry Association and the India Electronics and Semiconductor Association commissioned a report from the Information Technology and Innovation Foundation (ITIF). [...] It's possible that India and other developing nations may seek to narrow the moratorium rather than end it. An Indian government official told Reuters that "these issues need to be discussed and settled" before India can make a decision on whether to extend the moratorium. Read more of this story at Slashdot. (Comment on this)
5:34p	15 Million Toshiba Laptop Adapters Recalled Over Burn and Fire Risks An anonymous reader shared this report from CNN: Dynabook Americas, the company formerly known as Toshiba, has recalled 15.5 million Toshiba laptop AC adapters over potential burn and fire hazards. The company said it received 679 reports of the recalled AC adapters overheating or catching on fire, melting and burning, including 43 reports of minor burn injuries. Consumers should stop using the adapters immediately and contact them for a free replacement, Dynabook Americas said. The recall applies to AC adapters sold both alongside Toshiba personal laptop computers and sold separately, with date codes ranging between April 2008 through December 2012. The adapters were manufactured in China. More than 60 models are part of the recall. The company published a webpage listing the impacted model numbers and serial numbers for the adapters. Gatner points out the adapters are for "very old models," so "it's only a very small percentage of the population that is still using them." The article cites figures from Gartner showing that while Toshiba once led the laptop market, it now makes up about 1%. "Nowadays, Lenovo dominates the category with 25%, followed by HP (22%), Dell (17%) and Apple (9%)." Read more of this story at Slashdot. (Comment on this)
6:34p	US Court Stalls Energy Dept Demand For Cryptocurrency Mining Data "Crypto mines will have to start reporting their energy use in the U.S.," wrote the Verge in January, saying America's Energy department would "begin collecting data on crypto mines' electricity use, following criticism from environmental advocates over how energy-hungry those operations are." But then "constitutional freedoms" group New Civil Liberties Alliance (founded with seed money from the Charles Koch Foundation) objected. And "on behalf of its clients" — the Texas Blockchain Council and Colorado bitcoin mining company Riot Platforms — the group said it "looks forward to derailing the Department of Energy's unlawful data collection effort once and for all." While America's Energy department said the survey would take 30 minutes to complete, the complaint argued it would take 40 hours. According to the judge, the complaint "alleged three main sources of irreparable injury..." - Nonrecoverable costs of compliance with the Survey - A credible threat of prosecution if they do not comply with the Survey - The disclosure of proprietary information requested by the Survey, thus risking disclosure of sensitive business strategy But more importantly, the survey was implemented under "emergency" provisions, which the judge said is only appropriate when "public harm is reasonably likely to result if normal clearance procedures are followed." Or, as Semafor.com puts it, the complaint was "seeking to push off the reporting deadline, on the grounds that the survey was rushed through...without a public comment period." The judge, Alan Albright, granted the request late Friday night, blocking the [Department of Energy's Information Administration] from collecting survey data or requiring bitcoin companies to respond to it, at least until a more comprehensive injunction hearing scheduled for Feb. 28. The ruling also concludes that the plaintiffs are "likely to succeed in showing that the facts alleged by the U.S. Energy Information Administration to support an emergency request fall far short of justifying such an action." The U.S. Department of Energy is now... Restrained from requiring Plaintiffs or their members to respond to the SurveyRestrained from collecting data required by the Survey"...and shall sequester and not share any such data that Defendants have already received from Survey respondents." Thanks to long-time Slashdot reader schwit1 for sharing the news. Read more of this story at Slashdot. (Comment on this)

<< Previous Day

2024/02/24 [Calendar]

Next Day >>