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TC Roundup: IBM reveals the world’s smallest computer chip

IBM reveals the world’s smallest computer chip: International Business Machines Corp. has developed a computer chip that’s smaller and has more capacity than anything currently on the market, the company said Thursday. The 7 nanometer test chip with working transistors is the industry’s smallest, the company said in a statement. The microprocessors that power servers currently being used are made with 14 or 22 nanometer production. (Bloomberg)

China tightens its control of the internet with draft cyber security law: China’s government is tightening its grip on the internet in the country after it released a new draft cyber security law this week. The draft — an English version is available at Chinalawtranslate.com — was released for comments earlier this week — the feedback loop will close in August — but it went unreported by domestic media until Wednesday. (TechCrunch)

Millions more Americans hit by government personnel data hack: Data breaches at the U.S. government’s personnel management agency by hackers, with suspicions centering on China, involves millions more people than previously estimated, U.S. officials said on Thursday. The Office of Personnel Management (OPM) said data stolen from its computer networks included Social Security numbers and other sensitive information on 21.5 million people who have undergone background checks for security clearances. (Reuters)

Google starts testing driverless car in Austin: Google’s self-driving cars have hit the road in Austin, Tex., the first time the project’s testing program has expanded beyond the streets around its hometown in California. Google said late Monday one of the company’s Lexus RX450h SUVs has been cruising around a few square miles north and northeast of downtown Austin for a few weeks. (The Wall Street Journal)

Regulators tighten scrutiny of India clinical research firms: The U.S. Food and Drug Administration (FDA) and the World Health Organisation have intensified investigations into India’s clinical research firms, industry officials said, after recent probes revealed two leading firms had violated standards. The scrutiny is likely to further hurt India’s reputation as a global pharmaceutical hub, as it follows sanctions imposed by the FDA and other regulators on Indian generic drug makers over manufacturing quality lapses. (Reuters)

Cisco to invest $1 billion in U.K. tech industry over 5 years: Network-equipment giant Cisco Systems Inc. said Thursday it will invest $1 billion in the U.K. digital economy over next five years, through venture capital investments in local startups, education programs, and job creation. (The Wall Street Journal)

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