Apple vs Google: Battle for AI Supremacy Heats UpApple, having a reputation for being late to step into the Artificial Intelligence (AI) industry, has been revealed to be making efforts to strengthen its AI capabilities by actively recruiting AI talents from Google and establishing a secret research lab in Zurich, Switzerland. On the 30th of last month, the Financial Times (FT) reported that […]
Saudi Aramco's Top Boss Backs China in Energy Dumping ControversyThe world’s largest oil producer has stepped up to defend China against Western criticism that it dumps solar panels and electric vehicles at rock-bottom prices. According to the Financial Times (FT), Amin Nasser, CEO of Aramco, said at the World Energy Congress (WEC) held in Rotterdam, Netherlands, on the 22nd (local time), “China has greatly […]
Tesla's Big Move: Electric Car Giant Eyes IndiaFT said Tesla sent a team for a $2-3bn plantIndia’s lowered tariffs on imported electric vehicles spur Tesla to expand in IndiaTesla is facing challenges in EVs and a shrinking market share in ChinaWill Indian market entry be key to return? The electric vehicle company Tesla is gearing up to move strategically into the Indian […]
China's $27 Billion Semiconductor Fund Signals Tech Hegemony Battle with USChina, emphasizing technological independence against U.S. high-tech regulations, has rolled up its sleeves to create a fund of at least $27 billion to foster its domestic semiconductor industry. The scale is expected to surpass the 200 billion yuan second fund in 2019, making it the largest ever. Reuters reported in September last year that the […]
Legislation in China Proposed to Address Overtime Work on WeChat and Social MediaAs conflicts over after-work instructions via messengers such as KakaoTalk are growing in South Korea, China is reportedly preparing a plan to pay overtime for such “online overtime work.” Although the legislation is expected to take some time to prepare, the move to legislate itself is significant. On the 11th, the South China Morning Post […]
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