US is Crippling China’s Tech Sector! Coinbase Acquires Singaporean Crypto License: Tech Market Roundup

The US is crippling China's tech sector with the help of FDPR, get more tech insights here!

Good Morning Tech Fam, here are some quick tech updates for you to catch on!

What's New Today: An Apple Watch successfully detects a woman's pregnancy and clinical results effectively prove its accuracy!

Fast-Track Insights: The United States is again using FDPR to break down the burgeoning Chinese tech and supercomputer industry.

The United States is going after China's advanced computing and supercomputer industry. The weapon that it's using is the FDPR. The US Government has been quite worried about China's growing dominance in the advanced computing and supercomputer industry, and this step might actually hinder China from acquiring advanced computing chips from other countries. By extending the FDPR rule, the US is trying to control global chip trading using US tools and technologies.

Microsoft's Surface Event is coming next week and tech enthusiasts are all excited to witness what the tech giant has to offer. Reportedly, the goal of the event is to demonstrate how the company is supporting Windows on ARM. With Apple shifting to ARM-based silicon, Microsoft is still speculating as to how it will feature ARM on Windows and its ARM-based PCs.

The Apple Watch is known for delegating health tips to its users, but the tech's recent offering is winning hearts all over the internet. Recently, an Apple Watch detected a 34-year-old woman's pregnancy based on her ridiculously high heart rate! The woman thought she might have Covid-19, due to her symptoms, but clinical reports prove she is four weeks pregnant! Even though the watch does not have any such in-built features to detect pregnancy, it can definitely sort out unusual things in one's body.

Coinbase, the largest cryptocurrency exchange in the world, has finally received "in-principle approval" to provide crypto services to people in Singapore and all over the world. A Coinbase executive stated that Asia is a key market for the exchange and due to the increasing popularity of cryptocurrency, this opportunity could open new doors for Coinbase.

The Feds turned off the proverbial money printer joke after the meme gained massive volumes of profits for Bitcoiners. But with the central bank's rising interest rates and the price of the flagship digital token crashing over 50% this year, the Feds thought it would only be wise to cut off reasons for the investors to risk their money off cryptocurrencies. This gave the investors an opportunity to save themselves from financial risks.