An anonymous reader quotes a report from Ars Technica: Senate leaders agreed Monday to include language in the annual defense spending bill that would reverse the Trump administration's decision to save Chinese telecommunications company ZTE after it was caught violating the terms of a 2017 penalty agreement by making illegal sales to Iran and North Korea. The language will be part of an amendment in the 2019 National Defense Authorization Act, a $716 billion defense policy bill, H.R. 5515 (115).

If the Senate amendment becomes law, it would automatically reinstate the seven-year prohibition until Trump has certified to Congress that ZTE has met certain conditions. It also would ban all U.S. government agencies from purchasing or leasing telecommunications equipment and/or services from ZTE, a second Chinese telecommunications firm, Huawei, or any subsidiaries or affiliates of those two companies. The amendment language "prohibits the federal government from doing business with ZTE or Huawei or other Chinese telecom companies" and puts the company back on the sanctions list and "holds ZTE accountable for violating their previous commitment," Cotton said. The senators supporting the amendment include Democratic minority leader Chuck Schumer and two Republican Senators -- Sen Tom Cotton (R-Ark.) and Sen. Marco Rubio (R-Fla.). "I and obviously every other senator believes the death penalty is the appropriate punishment for their behavior," Sen. Tom Cotton (R-Ark.) told reporters after Ross briefed senators on the department's latest ZTE action. "They're a repeat bad actor that should be put out of business. For eight years, ZTE was able to run wild and be able to become the fourth-largest telecom company in the world." If the Senate amendment becomes law, "I would expect there wouldn't be a ZTE," Cotton added.

Akshat Rathi, writing for Quartz: The world needs radical new energy technologies to fight climate change. In 2016, Quartz reported that a group of billionaires -- including Bill Gates, Jeff Bezos, Jack Ma, Mukesh Ambani, and Richard Branson -- launched Breakthrough Energy Ventures (BEV) to invest at least $1 billion in creating those technologies. Now, 18 months later, Quartz can reveal the first two startups that BEV will be investing in: Form Energy and Quidnet Energy. Both companies are developing new technologies to store energy, but taking completely different approaches to achieve that goal.

The way to reach the world's climate goals is straightforward: reduce our greenhouse-gas emissions to zero within the next few decades. But the energy technologies that can help us get there tend to need lots of money and long lead times to develop. That's why many conventional investors, who are looking for quicker returns, have burned their fingers investing in clean tech. The wealthy investors of BEV want to remedy that. Their $1 billion fund is "patient capital," to be invested in only companies working on technologies capable of cutting global carbon emissions by at least 500 million metric tons annually, even if they may not provide returns on investment for up to 20 years.

Vietnamese legislators approved a cybersecurity law on Tuesday that tightens control of the internet and global tech companies operating in the Communist-led country, raising fears of economic harm and a further crackdown on dissent. From a report: The cyber law, which takes effect on Jan. 1, 2019, requires Facebook, Google and other global technology firms to store locally "important" personal data on users in Vietnam and open offices there. The vote in the National Assembly came a day after lawmakers delayed a decision on another controversial bill that had sparked violent protests in parts of the country on the weekend. Thousands of demonstrators in cities and provinces had denounced a plan to create new economic zones for foreign investment that has fueled anti-Chinese sentiment. Some protesters had also derided the cybersecurity bill, which experts and activists say could cause economic harm and stifle online dissent.