Semiconductor Crackdown: GlobalFoundries Fined for China Shipments, Dave Faces FTC Action, Alleged Snowflake Hacker Arrested

The US government is cracking down on technology exports to China, with GlobalFoundries facing a $500,000 fine for semiconductor wafer shipments. Meanwhile, the FTC is taking action against Dave, Inc. for allegedly misleading consumers with cash advance services. In other news, the alleged hacker behind a string of cyberattacks targeting Snowflake has been arrested in Canada.

Scroll to Top