AMD to Enhance Software Development with Silo AI Acquisition Advanced Micro Devices (AMD) is competing its AI capabilities with industry leader NVIDIA. AMD announced on the 10th that it will acquire Finnish startup Silo AI for $665 million in cash to improve the capabilities of its AI chips. Silo AI CEO Peter Sarlin will continue to lead the unit as part of the AMD […]
India vs. China: Modi's Market Reforms Propel India as New Global Hub As Indian PM Modi is expected to secure his third term, the current Indian government's economic policies are anticipated to continue.
China's Secret Role in Tesla's Robotaxi Revolution Revealed The success of Tesla's autonomous vehicle ride-hailing service, robotaxi, is considered a crucial driver for the company's next growth phase.
China's BYD Unleashes Electric Car Invasion: Eyes 750,000 Exports Annually On the 10th, Bloomberg cited a JP Morgan report predicting BYD will achieve vehicle sales of up to 6 million units over the next two years.
Bubble Tea Overload: China's Tea Shops Multiply, But At What Cost? The thing that comforts young Chinese people suffering from chronic economic difficulties is none other than milk tea, also known as bubble tea. Even the time spent waiting in line can be described as a time to catch their breaths. However, it is pointed out that the sweet “sanctuary” that young people enjoy to relax […]
Is Your Shopping Spree at Shein Compromising Your Personal Security? Chinese e-commerce giant Shein has been criticized for potential security issues, including personal data breaches, that could occur as it exports its logistics supply chain services and technology to the global market. Concerns were raised from within the U.S. that the Chinese government could seize data on logistic supply chain information and sensitive personal data […]
China Outpaces U.S. with Six Times More Patents - Is America Falling Behind? Over the past ten years, there have been 54,000 patent applications related to generative AI worldwide, with 25% of them filed in 2023.
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50% According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
American Entrepreneurs Show Resilience Amidst Pricing and Staffing Struggles In the United States, the nationwide small business sentiment index rose by 1 point to 91.5 in June. The U.S. government announced that the optimism of U.S. small and medium-sized enterprises (SMEs) has been on the rise for three consecutive months as of June, recording its highest level of the year on July 9. Despite […]
From Local to Global: Chinese Cars Accelerate on the World Stage China surpassed Japan last year to become the world’s largest car exporter. It continues to show strong growth in its car exports in the first half of this year. Chinese automakers are speeding up the construction of overseas factories to avoid tariff barriers set up by the West, such as the European Union (EU), propelling […]
Elon Musk's South Korean Shout-Out: Tesla Stock Soars in Seoul Tesla CEO Elon Musk posted a picture on social media combining the South Korean flag and the Tesla logo.
Shein in Hot Water: Fashion Scene Rejects Low-Quality Imports The intense marketing pressure from China intensifies as Shein has been indiscriminately selling low-quality products online and offline.
FAA Orders Inspection of 2,600 Boeing 737 Aircraft Over Oxygen Mask Issues The FAA demands an inspection of 2,600 Boeing 737 aircraft due to potential malfunction of passenger oxygen masks in emergencies.
Tesla vs. Nvidia: ETFs Show Winners and Losers in Latest Stock Battle Nvidia and Tesla have shown divergent stock price trends, leading to mixed results for ETFs holding these stocks.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric Cars Hyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
HMM Dominates Orange Imports: Here's Why Korea Loves California Citrus HMM has been identified as the leading global shipping company transporting the most orange imports from California to Korea.
Nvidia's Stock: Is the Bubble About to Burst? US Wall Street market analysis firm, adjusted its investment opinion on Nvidia from "buy" to "neutral" the previous day.
Copper's Big Leap: Surges Past $10,000 as Investors Eye China's Policy Support Copper prices have surpassed $10,000. Amid expectations of increased demand in China, there's also speculation of further price increases.
Tesla Stock Surges 81%: What's Next for Elon Musk's Empire? Tesla had a successful rebound in a short period. Tesla's Q2 results will dictate the company's future direction later this month.
Gen Z's Newest Social Media Obsession Hits #1 on App Store! The new social media platform noplace, designed for Gen Z, has topped the US Apple App Store downloads following its official launch.
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