China is urging the European Union to reconsider its decision to impose provisional tariffs on Chinese electric vehicles. This comes after discussions were agreed upon between China’s Commerce Minister and the Executive Vice President of the European Commission regarding the EU’s anti-subsidy investigation. Desired Outcome The ideal scenario for China is for the European Commission
Enterprise
The global brand landscape in 2023 is dominated by tech giants like Apple, Microsoft, Amazon, and Google, according to consulting firm Interbrand. These companies not only lead the pack in global brand recognition but also boast of being among the top five most valuable companies worldwide. Nvidia, an emerging player in the tech industry, managed
SoftBank CEO Masayoshi Son recently made a rare public appearance where he delved into the topic of artificial intelligence, specifically focusing on artificial general intelligence (AGI) and artificial super intelligence (ASI). While AGI refers to AI that is one to 10 times smarter than humans and is expected to arrive in the next three-to-five years,
Apple’s ambitious plan to introduce Artificial Intelligence in China faces several hurdles due to the strict regulatory environment maintained by Beijing. The Chinese market, which is crucial for the iPhone maker, has stringent rules around AI technology. This poses a significant challenge for Apple as it tries to navigate through the complexities of the Chinese
Elon Musk recently attended the Cannes Lions advertising festival in Cannes, France, where he clarified his controversial remarks directed towards advertisers threatening to pull ads from his X social media platform. Musk explained that his previous comments were not intended to target advertisers as a whole but rather to emphasize the importance of free speech
The European Union has taken a firm stance on regulating Big Tech companies, with Apple being a key focus of their recent investigations. Margrethe Vestager, the EU’s competition chief, has expressed serious concerns regarding Apple’s compliance with the bloc’s Digital Markets Act (DMA) tech legislation. The probe, which also includes Alphabet and Meta, centers around
Starboard Value, led by Jeff Smith, has recently acquired a significant stake in graphics-design firm Autodesk and has raised serious concerns regarding the company’s disclosures surrounding an internal investigation that resulted in the removal of its chief financial officer. The activist fund, known for its investments in the technology sector, is troubled by the timing
The introduction of bitcoin exchange traded funds in January sparked interest among financial advisors, with gradual adoption taking place. According to BlackRock’s Samara Cohen, approximately 80% of bitcoin ETF purchases have been made by self-directed investors using online brokerage accounts. Despite this, hedge funds and brokerages have also shown interest in these funds, based on
Elon Musk, the CEO of Tesla, recently made some bold claims about the potential future of the company at the 2024 annual shareholder meeting. He introduced the concept of Optimus humanoid robots, suggesting that they could propel Tesla’s market cap to $25 trillion, surpassing even the current value of the S&P 500. This ambitious vision
CleverCards, a Dublin-based startup, has recently secured 8 million euros in funding to revolutionize the way companies manage corporate expenses. With a digital platform connected to customizable expense cards, CleverCards empowers businesses to monitor and restrict how their employees utilize corporate payment cards. According to a global survey conducted by Robert Half in 2016, employees
