Chinese Premier Li Qiang recently spoke at the World Economic Forum’s “Summer Davos” meeting in Dalian, China. He defended his country’s technological development efforts while also criticizing attempts to restrict global cooperation. According to Li, China’s rapid growth in new industries stems from its unique comparative advantages, such as a large market, industrial network, labor
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The European Union regulators have recently declared that Apple is in violation of the new tech rules as it restricts customers from using alternatives to its App Store. The European Commission has initiated a fresh probe into Apple’s contractual terms with developers as well. This investigation is part of a broader inquiry launched in March
China and the European Union have agreed to embark on discussions concerning the potential implementation of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market. This announcement comes after Germany’s Economy Minister, Robert Habeck, was informed by EU commissioner Valdis Dombrovskis about the initiation of concrete negotiations with China. This development is
Amidst rising tensions between the United States and China, the U.S. government recently issued draft rules aimed at restricting or requiring notification of certain investments in artificial intelligence and other technology sectors in China that could potentially threaten U.S. national security. These rules were proposed in response to an executive order signed by President Joe
China has invested $230.8 billion over a span of more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies. This significant government support accounts for 18.8% of total electric car sales between 2009 and 2023. However, the ratio of spending to EV sales has decreased from
In the fast-paced world of technology investing, it is easy for certain companies to get lost in the shuffle. While names like Nvidia, Alphabet, and Microsoft dominate the headlines, there is one stock that has been quietly performing well under the radar – Motorola Solutions. This telecommunications company, often associated with its legacy phone business,
In a recent interview at the Cannes Lions festival, VaynerMedia CEO Gary Vaynerchuk highlighted the shift in the advertising landscape due to social media algorithms. According to Vaynerchuk, the traditional approach to social media marketing, where brands would amass followers and post content that only a percentage of them would see, is outdated. The rise
Nvidia, once known for its niche market in gaming graphics chips, has now emerged as the most valuable public company in the world. With a market cap of $3.33 trillion, Nvidia has surpassed giants like Microsoft and Apple, riding on a wave of success fueled by the booming demand for artificial intelligence technologies. Founded in
The recent violent protests against the far-right National Rally in France have set the stage for a heated election campaign. Hundreds of thousands of demonstrators marched in Paris and other cities to voice their opposition to the rising nationalist sentiment associated with party figurehead Marine Le Pen and President Jordan Bardella. The unrest, which resulted
The introduction of bitcoin exchange traded funds in January has sparked interest among financial advisors, but the adoption process has been gradual. BlackRock’s Samara Cohen highlighted that currently, the majority of bitcoin ETF purchases are being made by self-directed investors through online brokerage accounts. Although hedge funds and brokerages have also shown interest in the