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Today β€” 29 April 2026Main stream

US stops exports of tools to China’s number two chip maker β€” Hua Hong and Huali Microelectronics reportedly on the cusp of starting a 7-nm fab in Shanghai

Applied Materials, KLA, and Lam Research received letters from the U.S. Department of Commerce preventing them from shipping some of Hua Hong's orders for the latest chipmaking tools. These are reportedly being planned for use on the Chinese company's planned 7-nm fab in Shanghai.

Ransomware accidentally destroys all files larger than 128KB, preventing decryption β€” VECT code likely partly vibe coded with AI or used an old code base, security researchers suggest

A ransomware's major flaw meant that files cannot be decrypted because of a programming mistake. It also has several minor issues, showing that its creator may not be as sophisticated as suggested. Still, researchers point out that these can be rectified in future versions of the malware.

Yesterday β€” 28 April 2026Main stream

Market slumps as OpenAI reportedly misses internal targets for active users and revenue β€” Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

Nvidia, Oracle, SoftBank, and CoreWeave saw their stock prices go down because of news that OpenAI has been missing its internal targets. SoftBank stock lost 9.9% of its value on the Tokyo Stock Exchange. Nvidia, AMD, Oracle, and CoreWeave also dropped during pre-market trading and remain down after the market opened.

Before yesterdayMain stream

U.S. Commerce Secretary says Nvidia still hasn't sold any H200 AI GPUs to China β€” Chinese government is blocking imports in an attempt to push domestic semiconductor industry

U.S. Commerce Secretary Howard Lutnick says Nvidia still hasn't sold a single H200 AI GPU to China, despite the ban being lifted four months ago. The Chinese government is making it difficult for Chinese companies to import Nvidia chips in a bid to support the country's own domestic semiconductor industry.

Microsoft facing $2.8 billion UK lawsuit for overcharging 60,000 businesses using Microsoft Server on other clouds β€” Azure users allegedly received lower wholesale pricing

A lawsuit alleging the company is overcharging Windows Server for non-Azure users has been certified to proceed to trial, although Microsoft is still appealing the decision. The lawyer handling the case alleges that the claim affects almost 60,000 businesses and is worth about $2.8 billion.

Toshiba refuses to replace large hard drive that was under warranty β€” company offers refund at the purchase price, not the higher current retail price

Toshiba said that it can only offer a refund at the original cost for a broken hard drive, as replacing it would take over a year. The user expressed disappointment over the move, as they'll have to spend significantly more than they'll get back in the refund due to chip shortages.

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