China Set to Toughen IP Laws in Pursuit of Tech Dominance

China wants to become the most dominant nation in artificial intelligence, and it’s got three advantages that might help that become a reality. In addition to strong government support, which includes a willingness to share data about its citizens, China also has an immense number of engineers to write software and 751 million Internet users who can test out the work they do. As China seeks to gain market share, President Xi Jinping seeks to strengthen intellectual property laws to give its startups an advantage. Continue reading China Set to Toughen IP Laws in Pursuit of Tech Dominance

Major Cyberattack Hits 150 Countries, Could Keep Spreading

A cyberattack impacted computer systems in more than 150 countries over the weekend. The weapon used to initiate the attack is believed to be based on recently published vulnerabilities stolen from the National Security Agency. The attack, one of the largest ever, took over computers, encrypted their files and demanded payment in Bitcoin of $300 or more. Among the major institutions and government agencies impacted were FedEx in the U.S., the Russian Interior Ministry and Britain’s National Health Service. The attack also hit smaller venues, such as a car manufacturing factory in Romania owned by Renault. Continue reading Major Cyberattack Hits 150 Countries, Could Keep Spreading