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BUSINESS

  • Nvidia CEO Jensen Huang Cashes Out $322 Million Before Market Crash Nvidia CEO Jensen Huang sold shares worth $322.7 million in July, marking the largest sale ahead of the market downturn.
  • Google’s Court Loss Could Shake Up Apple’s $20 Billion Revenue Stream—Here’s How In an antitrust case, Google suffered a setback in a district court in Columbia that severely impacted its search and advertising business.
  • U.S. Targets Chinese Tech: New Rules Could Ban Chinese Software from Self-Driving Cars The United States government is poised to implement a ban on Chinese software in autonomous and connected vehicles.
  • Elon Musk's Neuralink Hits Milestone: Second Patient Gets Brain Chip Elon Musk announced that Neuralink successfully implanted its own developed computer chip into the brain of a second patient.
  • TikTok Announces AI System Automatically Deletes 77% of Harmful Content, Enhancing User Safety TikTok is actively working to improve user safety by using artificial intelligence (AI) to filter harmful content.
  • Is a Recession Looming? U.S. Stocks Plunge, Global Markets Follow South Korea's Ministry of Economy and Finance held an emergency joint meeting with related agencies today to review financial market trends.
  • Buffett's Big Apple Sell-Off: Why Berkshire Hathaway Dumped 55.8% Of Its Stock Apple representatives reported that Berkshire held 915.6 million shares of Apple as of January 2. Currently valued at around $88 billion.
  • 100,000 BYD EVs Coming to Uber: What It Means for Green Transportation and Driver Savings Uber will integrate BYD's electric vehicles (EVs) into its platform across Europe and Latin America, among other regions.
  • US National Debt Hits a Record $35 Trillion—What It Means for Your Wallet According to data from the Treasury Department, the total public debt balance reached $35 trillion on July 28.
  • Chinese Brands Outshine Apple: iPhone Sales Slump in Key Market Apple is facing challenges in the Chinese smartphone market, struggling to rebound amid intense competition from local companies.
  • Tesla's Stock Takes a Hit: Major Recall Hits Over 1.8 Million Cars Tesla's stock price decline followed news of a large-scale recall in the U.S. to unexpectedly address an issue with the front hood opening.
  • NIO’s CEO: Robotaxis Aren’t a Sustainable Business Model Robotaxi is not an exciting business model, and Nio is determined not to enter the space, said William Li, the company's founder and CEO.
  • Chinese EVs Capture 18% of Europe—Are American Automakers in Trouble? There is growing anticipation that the European Union (EU) will face difficulties approving proposed tariff increases.
  • Apple's Tough Times: iPhone Sales Down 6.7% in China Sales dropped by 6.7% compared to the second quarter of last year, and even a discount of about $320 couldn't boost sales.
  • U.S. Economy Thrives Despite High Interest Rates—Are We Out of the Woods? The U.S. economy exhibited stronger growth in the last quarter, marking the second consecutive quarter of acceleration...
  • Elon Musk Delays Tesla's Optimus Robot Launch: What’s Going On? Tesla CEO Elon Musk has delayed the launch of the humanoid robot Optimus longer than scheduled.
  • Tesla Stock Plunge Wipes Out Over $16 Billion of Elon Musk's Wealth Tesla's stock is facing another steep decline. Last Thursday, shares were trading at $255, but by yesterday, they had dropped to $218.
  • Cadillac Sollei Convertible: A $300K Dream Car for the Eco-Conscious! Cadillac unveiled the luxury convertible concept Sollei. It is an electric convertible in the same class as the Celestiq.
  • Delta Air Lines Faces U.S. Investigation Over Mass Flight Cancellations U.S. authorities are investigating Delta Air Lines for handling thousands of flight cancellations due to technical malfunctions.
  • Trump’s Return Could Crush South Korean Steel Industry: Here’s Why The likelihood of Trump's election has increased. This has caused tension in the South Korea's steel industry.
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