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China's iPhone Ban Gets Tougher—Bloomberg News

According to Bloomberg News, which cited sources familiar with the situation on Friday, more Chinese government agencies and state-backed businesses nationwide have instructed their employees to refrain from bringing Apple iPhones and other foreign gadgets to work.   China has been working...

Google Is Introducing New AI Health Models And Physicians Are Utilising Them - Here Is How

Google has unveiled MedLM, a collection of new AI models tailored to the healthcare industry that will assist academics and physicians in conducting intricate investigations, summarising patient-provider interactions, and other tasks.   Google's latest attempt to monetize AI technologies for...

Intel CEO Says Company Prepared To Go It Alone In Chip Production

According to Intel CEO Pat Gelsinger, the corporation does not intend to spin out its contract chip manufacturing division.   Under Gelsinger's leadership, Intel's manufacturing division is now housed under Intel Foundry Services (IFS), a division that runs as an internal business. According...

A Lack Of Autopilot Safeguards Prompts Tesla To Recall Almost All Of Its Cars On US Roads

Due to safety concerns raised by a federal safety authority, Tesla is recalling more than 2 million cars in the United States to install additional protections in its Autopilot advanced driver-assistance system.   Almost all cars on American roads appear to be covered by the biggest-ever...

China Chip Company Escapes Biden's Crackdown Thanks To US Tech And Funding

China's top sanctioned chipmaker owns a portion of a Chinese chip designer who is buying American software and has financial support from the United States. These links highlight the challenges Washington confronts in enforcing new regulations intended to prevent American funding of Beijing's...

Google, Meta, And Qualcomm Combine To Advocate For Open Digital Ecosystems

In reaction to new EU tech regulations, Alphabet's Google, Meta Platforms, Qualcomm, and seven other major companies joined forces on Wednesday to advocate for open digital ecosystems. This move may also blunt the edge of potential future laws.   The group, which goes by the name Coalition...

How Shein Invented Fast-Fashion 2.0 And Outgrew H&M And Zara

Investor attention will be drawn to two key questions when Inditex, the company that owns Zara, and H&M reveal their latest sales figures: how are the two fast-fashion pioneers reacting to Shein, the current market leader?   Shein is well-positioned for an IPO and has a high valuation....

Despite There Being No Price On Carbon Worldwide, Certain Businesses Establish Their Own

More and more multinational corporations are pricing or charging themselves for every metric tonne of carbon emissions they produce in an effort to influence their business practices and investment decisions in light of potential future pollution taxes and other climate regulations.   They...

Nvidia And Malaysia's YTL Power Will Collaborate On A $4.3 Billion AI Research Initiative

In a $4.3 billion investment pact, Malaysian conglomerate YTL's utilities unit will collaborate with American technology behemoth Nvidia to develop artificial intelligence (AI) infrastructure in the Southeast Asian nation.   According to a statement released by YTL Power International on...

Endeavour Energy Is Considering A $30 Billion Sale: Reuters

Endeavour Energy Partners is considering a sale that could put the largest privately-held producer of gas and oil in the Permian basin, the largest oilfield in the United States, at a valuation of between $25 billion and $30 billion, according to persons familiar with the subject.   Nearly...

Microsoft And OpenAI's Relationship Is Being Examined By The UK Antitrust Authorities

The creator of ChatGPT, which announced that Microsoft would have a non-voting board member, informed the British antitrust authority on Friday that it would consider whether to initiate a merger probe into the tech giant's multibillion-dollar cooperation with OpenAI.   The Competition and...

Airbus Beats Out Boeing In Cathay Pacific's Freighter Order

In order to replace its ageing Boeing 747 cargo planes, Hong Kong's Cathay Pacific Airways announced on Friday that it had put in a formal order to buy six Airbus A350 freighters at a list price of $2.71 billion.   In a statement, Cathay, which now operates 14 newer 747-8Fs and six older...
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