White House says Microsoft's $1.5bn investment in AI company G42 was 'positive' because it forced Huawei divestment
TECHNOLOGY POWERING BUSINESS
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EU, China Agree To Talks Over Planned EV Tariffs
EU, China hold talks and agree to further negotiations as bloc plans tariffs up to 38 percent on Chinese electric vehicle (EV) imports
US Publishes Draft Rules On China AI, Chip Investment
US publishes draft rules governing investments into AI, other emerging technologies in China amidst political tensions
China-Linked Shein Faces Uphill Battle For IPO In US Or UK
China-founded fast-fashion company Shein faces political resistance in search for IPO venue, as major investors grow impatient
TikTok Offered US ‘Kill Switch’ Over Data Concerns
TikTok discloses in court documents it offered US government ability to shut platform down, as it prepares for September court battle
US Urges Netherlands, Japan To Increase Chip Kit Restrictions For China
American official heads to Japan after Dutch meeting, as US seeks to increase restrictions on chip-making equipment for China
TikTok US Ban Appeal Gets 16 September Court Date
Action by TikTok, ByteDance and creators against US ban law gets 16 September hearing date, weeks before US elections
AI Fuels Local Memory Chip Demand For China’s Sanctioned YMTC
China chipmaker YMTC sees surge in demand from local companies, government projects amidst AI infrastructure boom, in spite of US sanctions
Microsoft President Grilled By US Lawmakers After China, Russia Hacks
Microsoft's Brad Smith answer questions from US lawmakers about hacks of US governmental systems by China, Russia
US Mulls Additional AI Chip Restrictions For China – Report
Tightening the screws. Biden Administration is considering further restrictions on Chinese access to cutting-edge AI chip tech
Nio Sees EV Sales Surge Amidst Price War
Chinese EV maker Nio expects record second-quarter sales, launches lower-cost brands as it vies with Tesla, BYD in cutthroat market
Saudi Fund Invests In China’s Biggest AI Start-Up
Saudi Arabian investment fund Prosperity7 reportedly contributes to funding round for China's Zhipu AI as US tries to keep allies away
Sanctioned Huawei Takes Global Top Spot For Foldable Smartphones
China's Huawei becomes world's biggest vendor of foldable smartphones in first quarter in spite of US sanctions, surpassing Samsung
TikTok Challenge To US Ban Law Gets September Hearing
Cases by TikTok, ByteDance, content creators get fast-track schedule as company faces forced sale or ban by 19 January
China Premier Welcomes Foreign Tech Investment
In meeting with Samsung chair Chinese Premier Li Qiang welcomes further investment from foreign firms, promises improved conditions
US Extends Probe Into Applied Materials Over Alleged China Shipments
Chip equipment maker Applied Materials receives new subpoena in ongoing probe into alleged sanctions-breaking shipments to China's SMIC
China Forms Biggest-Ever Chip Investment Fund
China officially launches third phase of semiconductor 'Big Fund' valued at $47.5bn as it seeks chip manufacturing self-sufficiency
Google To Begin Manufacturing Pixel Smartphones In India
Google set to begin Pixel smartphone manufacturing in Indian state of Tamil Nadu as electronics makers diversify away from China
Elon Musk Disagrees With US Tariffs On Chinese EVs
Tesla's Elon Musk confirms opposition to the Biden Administration's implementation of 100 percent tariffs on Chinese EVs
Former Cybersecurity Boss Warns UK Not Heeding China Threat
Ciaran Martin, ex-chief executive of the National Cyber Security Centre, explains growing cyber threat posed by China
Upcoming Honor Smartphones To Feature Google AI Tech
Honor will include Google AI features in upcoming devices, despite geopolitical tensions between Washington and Beijing
Apple Slashes iPhone Prices In China
Amid intense competition from Huawei and others, Apple has again slashed the price of its iPhone models in China
EU Widens Investigations Into Chinese Imports, Subsidies
After the United States imposes 100 percent tariffs on certain Chinese goods, Europe widens its investigations into Chinese goods
Microsoft Offering Relocation Out Of China For AI, Cloud Engineers
Hundreds of AI and cloud engineers are being offered relocation out of China by Microsoft, amid growing geopolitical tensions
Biden Administration Imposes 100 Percent Tariff On Chinese EVs
Electric vehicles made in China are now subject to a 100 percent tariff, to protect US manufacturers from cheap imports
US To Make 30 Percent Of Advanced Chips By 2032
US to triple domestic chipmaking capacity and control 30 percent of advanced chips by 2032 after Chips Act subsidy boost
Baidu Head Of PR Loses Job Over Controversial Posts
Baidu's head of public relations leaves company amidst controversy over posts endorsing intense work culture
Biden Admin Set To Impose Tariffs On Chinese Electric Vehicles
America reportedly set to announce next week import tariffs on strategic Chinese sectors, including electric vehicles
Biden Admin Mulls Export Restrictions For AI Models – Report
The United States reportedly considers restricting China and Russia's access to AI models found in tools such as ChatGPT
US Revokes Some Intel, Qualcomm China Export Licences – Report
Chip giants Intel and Qualcomm complain of sales impact after United States revokes some of their export licences to China