Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates

Hong Kong CNN  —  China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing. The Cyberspace Administration of China (CAC) will review products sold by Micron in the…

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TCS: TCS warns of US tech spending weakness after earnings disappoint

Tata Consultancy Services Ltd’s second-quarter profit narrowly missed street estimates, underscoring how worries about an economic slowdown continue to curtail tech spending.Net income rose 8.7% to 113.4 billion rupees ($1.4 billion) in the quarter through September. Analysts, on average, had projected a profit of 114.09 billion rupees. Sales climbed 7.9% to 596.9 billion rupees. Shares…

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