HONG KONG — China released draft guidelines Friday aimed at curbing excessive spending on online gaming in the latest move by the ruling Communist Party to keep control of the virtual economy. The proposal caused shares in the biggest Chinese gaming companies, Tencent and NetEase, to plunge in Hong Kong. China’s gaming regulator, the National … Read more
The Magnificent Seven — a term I coined earlier this year to track the market’s biggest tech winners — has certainly lived up to its vaunted name. Those seven mega-cap tech names are Apple, Google-parent Alphabet, Facebook and Instagram owner Meta Platforms, Microsoft, Amazon, Nvidia and Tesla. The first six are Club names. Call them … Read more
The U.S. is running out of miners. More than half the nation’s mining workforce, about 221,000 workers, is expected to retire by 2029, according to the Society for Mining, Metallurgy & Exploration, and the number of candidates willing to fill those slots is shrinking. “Our workforce is aging,” said Bold Baatar, chief executive of copper at … Read more
Eam Orn (L) kneels in a Cambodian forest, pressing his hands together before an offering, and prays for the return of his land. Eam Orn kneels in a forest in northwest Cambodia, pressing his hands together before an offering of bananas studded with smoking incense, and prays for the return of his land. He is … Read more
A Christmas tree stands in front of the New York Stock Exchange (NYSE) in New York on December 1, 2023. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
CORAL SPRINGS, Fla. — Joyce Loaiza lives alone, but when she returns to her apartment at a Florida senior community, the retired office worker often has a chat with a friendly female voice that asks about her day. A few miles away, the same voice comforted 83-year-old Deanna Dezern when her friend died. In central … Read more
Credit: Unsplash/CC0 Public Domain Earlier this month, a Senate inquiry recommended Australian students get specific lessons in how to behave. Following concerns about increasing levels of disruptive behavior in Australian schools at both primary and high school levels, the inquiry wants to see “the explicit teaching of behavior [as a] vital component of the Australian … Read more
Ilya Sutskever, one of the leading AI scientists behind ChatGPT, reflects on his founding vision and values. In conversations with the film-maker Tonje Hessen Schei as he was developing the chat language model between 2016 and 2019, he describes his personal philosophy and makes startling predictions for a technology already shaping our world. Reflecting on his … Read more
Credit: SpaceX NASA astronauts Nicole Mann and Doug “Wheels” Wheelock participated in a recent test of a sub-scale mockup elevator for SpaceX’s Starship human landing system that will be used for NASA’s Artemis III and IV missions to the moon. The Starship human landing system will carry two astronauts from the Orion spacecraft in lunar … Read more
YANTAI, CHINA – SEPTEMBER 8, 2023 – Students conduct an industrial robot training at Yantai Cultural and Tourism Vocational College in Yantai, East China’s Shandong province, Sept 8, 2023. At present, China has built the largest vocational education system in the world, and the middle and higher vocational schools train about 10 million high-quality technical … Read more
