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One reason the U.S. can’t quit China? Chips.

Business Jul 8, 2023

One reason the U.S. can’t quit China? Chips.

by Ana Swanson

Global semiconductor companies are finding themselves in an extremely tricky position as they try to straddle a growing rift between the United States and China.

Meta's 'friendly' Threads collides with unfriendly internet

Business / Tech | ANALYSIS Jul 8, 2023

Meta's 'friendly' Threads collides with unfriendly internet

by Katie Paul

Mark Zuckerberg has pitched Meta's Twitter copycat app, Threads, as a "friendly" refuge for public discourse online. Maintaining that idealistic vision for Threads is another story.

China ends tech crackdown with fines on Tencent and Ant Group

Business / Tech Jul 8, 2023

China ends tech crackdown with fines on Tencent and Ant Group

China imposed more than $1 billion in fines on tech giants Ant Group and Tencent Holdings, signalling an end to a crackdown on the sector that had wiped out billions in market value.

China ends Ant Group's regulatory revamp with fine of nearly $1 billion

Business Jul 7, 2023

China ends Ant Group's regulatory revamp with fine of nearly $1 billion

by Julie Zhu and Jane Xu

The penalty, one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license.

Rakuten’s ¥1.8 trillion debt fuels concern despite funding

Business / Corporate Jul 7, 2023

Rakuten’s ¥1.8 trillion debt fuels concern despite funding

by Ayai Tomisawa and Winnie Hsu

The e-commerce giant has racked up four years of losses as its mobile-phone business drains cash.

Meta’s Threads app draws millions seeking a Twitter alternative

Business / Tech Jul 7, 2023

Meta’s Threads app draws millions seeking a Twitter alternative

by Sarah Frier

Meta’s apps in the past have competed indirectly for user attention with Twitter by courting news publishers, politicians and other high-profile people.

Big tech companies want AI regulation — but on their own terms

Business / Tech Jul 6, 2023

Big tech companies want AI regulation — but on their own terms

by Jillian Deutsch

The rules governing tech vary dramatically on opposing sides of the Atlantic.

Yellen's China visit seeks to create further talks amid tensions

World / Politics Jul 6, 2023

Yellen's China visit seeks to create further talks amid tensions

by Viktoria Dendrinou and Enda Curran

Yellen’s arrival this week comes days after China imposed restrictions on exporting two metals that are crucial to key technology industries, the latest escalation in an ongoing trade war.

Instagram unveils Threads app, a threat to Musk’s Twitter

Business / Tech Jul 6, 2023

Instagram unveils Threads app, a threat to Musk’s Twitter

by Sarah Frier

The app is the most serious threat yet to Elon Musk’s struggling social-media site.

Xi’s metal curbs risk backfiring as G7 seeks China alternative

Business Jul 6, 2023

Xi’s metal curbs risk backfiring as G7 seeks China alternative

China’s decision to control the export of two key metals showed it has some power to retaliate against the U.S., Japan and Europe, but the measure is also a double-edged sword.

Japan emphasizes students' comprehension of AI in new school guidelines

Business / Tech Jul 4, 2023

Japan emphasizes students' comprehension of AI in new school guidelines

by Karin Kaneko

They also suggest that teachers may need to discard traditional exam and homework methods, such as writing reports, that can be easily done using AI technology.

Beijing takes the trade fight to Europe, targeting the green transition

Business Jul 4, 2023

Beijing takes the trade fight to Europe, targeting the green transition

by Ewa Krukowska, Bryce Baschuk and Richard Bravo

China is the largest producer of the two minerals that are crucial to the semiconductor, telecommunications and electric-vehicle industries.

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