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An anonymous reader shares a report: The Netherlands is prepared to suspend its powers over Chinese-owned chipmaker Nexperia in a move that would de-escalate a fight with Beijing that threatens to disrupt automotive production around the world. The Dutch government is ready to shelve the ministerial order that gave it the power to block or change key corporate decisions at Nexperia, if China allows exports of its critical chips again, according to people familiar with the matter. If the shipment of supplies resumes and is verified in the coming days, the Dutch are willing to revoke its powers as soon as next week, said the people, who spoke on the condition of anonymity. Financial issues between Nexperia and its Chinese operations would also need to be resolved. [...] In a sign of easing tensions, the Dutch government said in a statement late Thursday that it expects Nexperia's Chinese unit to resume chip supplies in the coming days.

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An anonymous reader quotes a report from BleepingComputer: The U.S. Congressional Budget Office (CBO) confirms it suffered a cybersecurity incident after a suspected foreign hacker breached its network, potentially exposing sensitive data. In a statement shared with BleepingComputer, CBO spokesperson Caitlin Emma confirmed the "security incident" and said the agency acted quickly to contain it. "The Congressional Budget Office has identified the security incident, has taken immediate action to contain it, and has implemented additional monitoring and new security controls to further protect the agency's systems going forward," Emma told BleepingComputer. "The incident is being investigated and work for the Congress continues. Like other government agencies and private sector entities, CBO occasionally faces threats to its network and continually monitors to address those threats." The Washington Post first reported the breach, stating that officials discovered the hack in recent days and are now concerned that emails and exchanges between congressional offices and the CBO's analysts may have been exposed. While officials have reported told lawmakers they believe the intrusion was detected early, some congressional office have allegedly halted emails with the CBO out of security concerns.

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