Co-founder, CEO and chairman of Baidu, Robin Li attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France. Viva Technology, the biggest tech show in Europe but also in a unique digital format, for 4 days of reconnection and relaunch thanks to innovation. The event brings … Read more
Photo taken on May 1, 2023 shows a sign at the JPMorgan Chase & Co. headquarters in New York, the United States. Michael Nagle | Xinhua News Agency | Getty Images China is too big to be sidelined, and investors “have to do business there,” JPMorgan Asia Pacific CEO Sjoerd Leenart said Thursday, adding that … Read more
Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China. The firm’s CEO Dave Mazza plans to launch the Lucky Eight ETF, which aims to be China’s answer to the success of Wall Street’s big tech stocks. “There’s a lot of question marks about the Chinese economy and the potential … Read more
Any significant reduction or a rollback of the Inflation Reduction Act’s support for electric vehicles would benefit China, according to General Motors board member Jon McNeill. “I think we risk losing the auto manufacturing share to China. We really do, globally,” McNeill, a former Tesla president and cofounder and CEO of DVx Ventures, said Wednesday … Read more
Microsoft has come under fire recently from both the U.S. government and rival companies for its failure to stop a Chinese hack of its systems last summer. One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In April, a government review board described a hack of Microsoft last … Read more
Mumbai: Metal stocks were the top gainers in Tuesday’s trading as China’s new package to rescue its floundering property market boosted sentiment in the sector. The Nifty Metal Index soared 3.9%, while the benchmark Nifty gained 0.1% on Tuesday. Hindustan Zinc surged 20%, followed by Vedanta which gained 7.04%. Jindal Steel and Power and Hindalco … Read more
The US is widely seen as the global leader in artificial intelligence, thanks to companies like OpenAI, Google, and Meta. But the US government says it needs help from other nations to manage the risks posed by AI technology. At an international summit on AI Safety in Seoul on Tuesday, the US delivered a message … Read more
Automated fast food restaurant CaliExpress by Flippy, in Pasadena, Calif., opened in January to considerable hype due to its robot burger makers, but the restaurant launched with another, less heralded innovation: the ability to pay for your meal with your face. CaliExpress uses a payment system from facial ID tech company PopID. To activate it, … Read more
For the first two decades of the 21st century, many consumer products on America’s store shelves got less expensive. A wave of imports from China and other emerging economies helped push down the cost of video games, T-shirts, dining tables, home appliances and more. Those imports drove some American factories out of business, and they … Read more
Ukrainian President Zelensky said that China must join the peace summit in Switzerland next month. Kyiv: Ukrainian President Volodymyr Zelensky in an interview with AFP on Friday urged China and countries of the Global South to participate in a peace summit in Switzerland next month. The Swiss government announced that it would host a high-level … Read more
