News
According to a report by The Times of India, the tech industry has faced substantial layoffs in 2024, with approximately 150,000 jobs eliminated across major companies. Tech companies like Tesla, Intel, Cisco, and Microsoft are among those reducing their workforces. The report highlights that the...
Insights
During Donald Trump's presidency in 2017, he initiated a large-scale trade war against China, primarily based on Section 301 of the Trade Act. The U.S. imposed high tariffs on Chinese imports to address the U.S.-China trade imbalance and intellectual property disputes. This trade war heightened i...
News
Following the latest U.S. chip export curbs, which adds 140 Chinese entities to the restriction list, the China Association of Automobile Manufacturers (CAAM) has made its stance. According to CnEVPost, the association highlighted that U.S. automotive chips are no longer dependable or secure, urging...
News
According to Reuters, citing The Information, sources indicate that Apple and Baidu are collaborating to add AI capabilities to iPhones sold in China next year. However, the two companies are facing challenges in advancing the project. The report notes that if these issues cannot be resolved, it cou...
News
According to a report from Yahoo Finance, from aviation giant Boeing to automotive powerhouse Stellantis and struggling chipmaker Intel, a wave of CEO departures has swept across global corporations. This year, over 1,800 CEOs worldwide have stepped down, setting a new record. The report by Yahoo...