Apple in Talks to Use Google Gemini AI to Power Siri
Following talks with Anthropic and OpenAI, Apple appears to have settled on a deal with Google to boost Siri's AI capabilities.
Business
US Rare-Earth Ore Exports to China Surged in July
A big shipment of rare-earth ore mined by MP Materials to its Chinese subsidiary for processing is likely the last one before US trade restrictions ...
Tesla Bumps Cybertruck Price $15,000 on Weak Sales
The luxury version of Tesla's Cybertruck Cyberbeast is now priced at $114,990.
Kunlunxin Scores Big Sale of Rival to Nvidia GPUs
China's push to develop alternatives to Nvidia's AI GPUs is gaining traction as Baidu-backed Kunlunxin sells $139 million worth of chipsets compatible with Nvidia's CUDA ...
ADB Finances Pakistan Railroad Upgrade As China Money Stalls
A $60 billion Chinese-backed Pakistan rail project is forced to turn to the Asian Development Bank for critical upgrades as funds from China fail to ...
Cultural Products Seen As a Key to S. Korean Export Growth
As manufacturing exports face headwinds from US tariffs, S. Korea's new leader sees the popularity of S. Korea's entertainment, media and food as a way ...
Sony Raises PlayStation 5 Prices on Tariffs
Playstation 5 consoles will be priced as high as $749.99 to offset tariffs and supply-chain uncertainties.
DeepSeek Releases Upgraded AI Model Using Domestic Chips
As China struggles to break its dependence on US chipmakers like Nvidia and AMD, DeepSeek obliges with an upgrade that improves performance using unspecified domestic ...
AI Enables Wizard of Oz at Sphere Spectacle
An immersive experience that can be enjoyed by up to 18,000 people has been created by using AI to bring the classic Wizard of Oz ...
US Debt, Budget Deficit Surged in July Despite Higher Tariff Revenue
US credit rating remains unchanged at AA+ but S&P keeps eye on how tariffs will impact economy.
Nvidia Awaits Approval to Sell Version of B30A GPU to China
While in Taipei to visit TSMC Jensen Huang says Nvidia is still awaiting government permission to sell a version of its new B30A GPU to ...
Tesla's New 6-Seat Model Y May Not Launch in US
In a non-sequitur Elon Musk cited the rise of self-driving to explain why the Model Y variant launched in China may not go into production ...
Russian Economy Shows Strains of Ukraine War
The heavy resources being allocated to a three-and-a-half-year war combined with oil revenues shrinking under sanctions may push the Russian economy into recession.
Markets Hit by Angst Over AI Prospects
Amid astronomical AI sector share prices that have supported hundreds of billions of dollars of investments, cracks are appearing in investor confidence.
Tencent Releases Trailer for New Wukong Video Game
China's global soft power increased with the smash hit video game Black Myth: Wukong based on a character from Chinese folklore.
China iPhone Sales Plunged in July
Foreign branded smartphone sales fell by 31.3% year-on-year, reflecting consumer economic uncertainty combined with resentment over exorbitant US tariffs.
Taiwan Exports Surge on AI Demand but Tariffs Dim Outlook
The insatiable demand for chips for AI data centers produced a 15.2% jump in exports for July.
Son's Close Ties with Tan Behind Token $2 Bil. Intel Stake
Masayoshi Son has cultivated close ties with the leaders of the US chip sector, including Jensen Huang, and is going on the offensive to grow ...
China Concocts Cartel Scheme to Ease Solar Panel Overcapacity
By forcing stronger solar panel makers to buy weaker ones, then combine into a cartel to fix prices, Beijing hopes to end hypercompetition.
Trump Tariffs Force India Shrimp Farmers to Consider Switch
Indian shrimp farmers have become major suppliers to US supermarket chains like Walmart and Kroger, but are now considering switching to farming fish.
Japan July Exports Plunged Most Since Covid
The devastating impact of Trump tariffs are beginning to be logged by even the closest of US, portending a global slowdown that won't spare the ...
US Mulls Possible Stakes in Chip Sector
Taking an equity stake in key chip manufacturers building US plants may put the US on a slippery slope toward China-style state-owned enterprises.
China Takes Up Slack from Falling India Demand for Russian Oil
As India reduces purchases of Russian oil under pressure from Trump tariff threat, China steps in to buy up about 12 million barrels of Russian ...
Tesla Begins Taking Orders for Model Y L for China
The redesigned upgrade of the aging Model Y is priced at $47,184 as a growing field of domestic EV models erode Tesla's China market share.
Softbank Pumps $2 Billion into Intel
The oldline US chipmaker tapped by Trump to help rebuild domestic chipmaking capacity gets a much-needed Softbank investment just days after Trump suggested a possible ...
Homebuilder Sentiment Dips Unexpectedly in August
Homebuilder sentiment improved slightly in the West but dipped to the lowest level since 2022 in the rest of the country.
AI Agents Essential for Virtually All Video Game Developers
The video game industry cuts jobs as more developers rely on AI agents to improve efficiency by speeding up routine tasks involving text, voice, code, ...
Christmas Celebrations Dimmed by China Tariffs
Tariffs and uncertainties surrounding further tariffs have severely depleted expected inventories of fake firs and other Christmas decor.
Tesla Discounts UK Lease Payments by 40% As Sales Dive
A 60% sales plunge for the month of July combined with lack of storage space forces Tesla to offer massive lease payment discounts.
Meta Plans 4th Overhaul of AI Efforts
As Meta keeps raising the number of billions it's pouring into its push to accelerate AI development, it keeps revising the structure of its efforts.
Manufacturing Output Stalls in July
Tariff disruptions in the manufacturing supply chains force manufacturers into a lull.
July Retail Sales Rise on Strong Car Demand, Promotions
A solid month for retail volume helps cover up a growing weakness in likely consumer spending as tariff disruptions begin to have a more substantial ...
China's LandSpace Test Launch Fails
The pioneer in building reusable methane-fueled rockets cited an "anomaly" for the test rocket's failure soon after launch.
Taiwan's 2025 GDP Growth Expected to Beat Forecasts
Surging chip demand from tech giants puts Taiwan's GDP growth on track to grow 4.45%.
China Robot Olympics Showcase AI Wizardry
Humanoid Robots from 16 countries compete in sports like football, table tennis and track and field to show off capabilities enabled by progress in integrating ...
China to Ask State-Owned Firms to Buy Up Unsold Home
To reduce the oversupply of homes from struggling developers Beijing plans to release a $42 billion fund to buy excess housing inventory.
Foxconn Revenues Surge As AI Server Production Surpasses Smartphones
Contract manufacturing of AI cloud servers for Nvidia, Amazon and others now account for the higherst share of Foxconn's global revenues for the first time.
July Producer Prices Jump Foreshadows Growing Tariff Pain
The surge in cost of services shows that that tariff impact extends beyond imported goods, sounding alarm bells for higher inflation to come.
Cony D'Cruz's Superluminal Scores $1.3 Bil. Deal with Lilly
Superluminal's drug-development accelerator platform will be made exclusively available to Eli Lilly for obesity drug development.
US Government May Take Stake in Intel
In the wake of Intel CEO Lip-Bu Tan's meeting with Trump, the administration is thought to be in talks to take a stake in struggling ...
China July Factory Output, Retail Sales Slump
Trump tariffs added to China's already weakening consumer demand and excessive competition to drive down factory activity and consumer confidence.
Apple Plans to Add Blood-Oxygen Feature to Watches
Having put behind the dispute with Maximo over pulse-oxymetry technology Apple will use a software update to add the feature to several of its watches.
AI-Based Just-in-Time Inventory Helps Businesses Beat Tariffs
Managing inventory on hand to minimum levels needed to service demand helps manufacturers minimize costs and offset the toll of Trump tariffs.
July Core CPI Increase Was Biggest Since January
Excluding volatile food and energy prices consumer prices increased 3.1% as tariffs begin to impact cost of consumer goods.
Anthropic Offers ClaudeAI to US Government for $1
OpenAI's ChatGPT, Google's Gemini and Anthropic's Clause race to embed their AI technologies into US government workflows as approved AI vendors qualified to win federal ...
China Factories Cut Prices, Lay Off Workers As Tariffs Cut Demand
Steep US tariffs force Chinese manufacturers to scramble for survival by lowering prices and competing in other smaller markets.
July EV Sales Reflects China Slowdown, EU Growth
European commitment to decarbonization offset slump in China hybrid sales and sluggish growth in US.
Aravind Srinivas' Perplexity Offers $34.5 Bil. for Chrome
The industry-leading browser has become an acquisition target for other tech companies amid expectation that the Justice Department will force Google to divest.
55% of Indian Exports to Face US Tariffs
The Indian government estimates the huge impact of recent US tariff escalations on its exports sector.
Ford Licenses CATL Battery Tech to Develop Cheaper EV Line
Ford plans to manufacture domestically a line of inexpensive EVs in the $30,000 range using lithium iron-phosphate battery technology licensed from China's CATL.
Apple in Talks to Use Google Gemini AI to Power Siri
Following talks with Anthropic and OpenAI, Apple appears to have settled on a deal with Google to boost Siri's AI capabilities.
US Rare-Earth Ore Exports to China Surged in July
A big shipment of rare-earth ore mined by MP Materials to its Chinese subsidiary for processing is likely the last one before US trade restrictions ...
Tesla Bumps Cybertruck Price $15,000 on Weak Sales
The luxury version of Tesla's Cybertruck Cyberbeast is now priced at $114,990.
Kunlunxin Scores Big Sale of Rival to Nvidia GPUs
China's push to develop alternatives to Nvidia's AI GPUs is gaining traction as Baidu-backed Kunlunxin sells $139 million worth of chipsets compatible with Nvidia's CUDA ...
ADB Finances Pakistan Railroad Upgrade As China Money Stalls
A $60 billion Chinese-backed Pakistan rail project is forced to turn to the Asian Development Bank for critical upgrades as funds from China fail to ...
Cultural Products Seen As a Key to S. Korean Export Growth
As manufacturing exports face headwinds from US tariffs, S. Korea's new leader sees the popularity of S. Korea's entertainment, media and food as a way ...
Sony Raises PlayStation 5 Prices on Tariffs
Playstation 5 consoles will be priced as high as $749.99 to offset tariffs and supply-chain uncertainties.
DeepSeek Releases Upgraded AI Model Using Domestic Chips
As China struggles to break its dependence on US chipmakers like Nvidia and AMD, DeepSeek obliges with an upgrade that improves performance using unspecified domestic ...
AI Enables Wizard of Oz at Sphere Spectacle
An immersive experience that can be enjoyed by up to 18,000 people has been created by using AI to bring the classic Wizard of Oz ...
US Debt, Budget Deficit Surged in July Despite Higher Tariff Revenue
US credit rating remains unchanged at AA+ but S&P keeps eye on how tariffs will impact economy.
Nvidia Awaits Approval to Sell Version of B30A GPU to China
While in Taipei to visit TSMC Jensen Huang says Nvidia is still awaiting government permission to sell a version of its new B30A GPU to ...
Tesla's New 6-Seat Model Y May Not Launch in US
In a non-sequitur Elon Musk cited the rise of self-driving to explain why the Model Y variant launched in China may not go into production ...
Russian Economy Shows Strains of Ukraine War
The heavy resources being allocated to a three-and-a-half-year war combined with oil revenues shrinking under sanctions may push the Russian economy into recession.
Markets Hit by Angst Over AI Prospects
Amid astronomical AI sector share prices that have supported hundreds of billions of dollars of investments, cracks are appearing in investor confidence.
Tencent Releases Trailer for New Wukong Video Game
China's global soft power increased with the smash hit video game Black Myth: Wukong based on a character from Chinese folklore.
China iPhone Sales Plunged in July
Foreign branded smartphone sales fell by 31.3% year-on-year, reflecting consumer economic uncertainty combined with resentment over exorbitant US tariffs.
Taiwan Exports Surge on AI Demand but Tariffs Dim Outlook
The insatiable demand for chips for AI data centers produced a 15.2% jump in exports for July.
Son's Close Ties with Tan Behind Token $2 Bil. Intel Stake
Masayoshi Son has cultivated close ties with the leaders of the US chip sector, including Jensen Huang, and is going on the offensive to grow ...
China Concocts Cartel Scheme to Ease Solar Panel Overcapacity
By forcing stronger solar panel makers to buy weaker ones, then combine into a cartel to fix prices, Beijing hopes to end hypercompetition.
Trump Tariffs Force India Shrimp Farmers to Consider Switch
Indian shrimp farmers have become major suppliers to US supermarket chains like Walmart and Kroger, but are now considering switching to farming fish.
Japan July Exports Plunged Most Since Covid
The devastating impact of Trump tariffs are beginning to be logged by even the closest of US, portending a global slowdown that won't spare the ...
US Mulls Possible Stakes in Chip Sector
Taking an equity stake in key chip manufacturers building US plants may put the US on a slippery slope toward China-style state-owned enterprises.
China Takes Up Slack from Falling India Demand for Russian Oil
As India reduces purchases of Russian oil under pressure from Trump tariff threat, China steps in to buy up about 12 million barrels of Russian ...
Tesla Begins Taking Orders for Model Y L for China
The redesigned upgrade of the aging Model Y is priced at $47,184 as a growing field of domestic EV models erode Tesla's China market share.
Softbank Pumps $2 Billion into Intel
The oldline US chipmaker tapped by Trump to help rebuild domestic chipmaking capacity gets a much-needed Softbank investment just days after Trump suggested a possible ...
Homebuilder Sentiment Dips Unexpectedly in August
Homebuilder sentiment improved slightly in the West but dipped to the lowest level since 2022 in the rest of the country.
AI Agents Essential for Virtually All Video Game Developers
The video game industry cuts jobs as more developers rely on AI agents to improve efficiency by speeding up routine tasks involving text, voice, code, ...
Christmas Celebrations Dimmed by China Tariffs
Tariffs and uncertainties surrounding further tariffs have severely depleted expected inventories of fake firs and other Christmas decor.
Tesla Discounts UK Lease Payments by 40% As Sales Dive
A 60% sales plunge for the month of July combined with lack of storage space forces Tesla to offer massive lease payment discounts.
Meta Plans 4th Overhaul of AI Efforts
As Meta keeps raising the number of billions it's pouring into its push to accelerate AI development, it keeps revising the structure of its efforts.
Manufacturing Output Stalls in July
Tariff disruptions in the manufacturing supply chains force manufacturers into a lull.
July Retail Sales Rise on Strong Car Demand, Promotions
A solid month for retail volume helps cover up a growing weakness in likely consumer spending as tariff disruptions begin to have a more substantial ...
China's LandSpace Test Launch Fails
The pioneer in building reusable methane-fueled rockets cited an "anomaly" for the test rocket's failure soon after launch.
Taiwan's 2025 GDP Growth Expected to Beat Forecasts
Surging chip demand from tech giants puts Taiwan's GDP growth on track to grow 4.45%.
China Robot Olympics Showcase AI Wizardry
Humanoid Robots from 16 countries compete in sports like football, table tennis and track and field to show off capabilities enabled by progress in integrating ...
China to Ask State-Owned Firms to Buy Up Unsold Home
To reduce the oversupply of homes from struggling developers Beijing plans to release a $42 billion fund to buy excess housing inventory.
Foxconn Revenues Surge As AI Server Production Surpasses Smartphones
Contract manufacturing of AI cloud servers for Nvidia, Amazon and others now account for the higherst share of Foxconn's global revenues for the first time.
July Producer Prices Jump Foreshadows Growing Tariff Pain
The surge in cost of services shows that that tariff impact extends beyond imported goods, sounding alarm bells for higher inflation to come.
Cony D'Cruz's Superluminal Scores $1.3 Bil. Deal with Lilly
Superluminal's drug-development accelerator platform will be made exclusively available to Eli Lilly for obesity drug development.
US Government May Take Stake in Intel
In the wake of Intel CEO Lip-Bu Tan's meeting with Trump, the administration is thought to be in talks to take a stake in struggling ...
China July Factory Output, Retail Sales Slump
Trump tariffs added to China's already weakening consumer demand and excessive competition to drive down factory activity and consumer confidence.
Apple Plans to Add Blood-Oxygen Feature to Watches
Having put behind the dispute with Maximo over pulse-oxymetry technology Apple will use a software update to add the feature to several of its watches.
AI-Based Just-in-Time Inventory Helps Businesses Beat Tariffs
Managing inventory on hand to minimum levels needed to service demand helps manufacturers minimize costs and offset the toll of Trump tariffs.
July Core CPI Increase Was Biggest Since January
Excluding volatile food and energy prices consumer prices increased 3.1% as tariffs begin to impact cost of consumer goods.
Anthropic Offers ClaudeAI to US Government for $1
OpenAI's ChatGPT, Google's Gemini and Anthropic's Clause race to embed their AI technologies into US government workflows as approved AI vendors qualified to win federal ...
China Factories Cut Prices, Lay Off Workers As Tariffs Cut Demand
Steep US tariffs force Chinese manufacturers to scramble for survival by lowering prices and competing in other smaller markets.
July EV Sales Reflects China Slowdown, EU Growth
European commitment to decarbonization offset slump in China hybrid sales and sluggish growth in US.
Aravind Srinivas' Perplexity Offers $34.5 Bil. for Chrome
The industry-leading browser has become an acquisition target for other tech companies amid expectation that the Justice Department will force Google to divest.
55% of Indian Exports to Face US Tariffs
The Indian government estimates the huge impact of recent US tariff escalations on its exports sector.
Ford Licenses CATL Battery Tech to Develop Cheaper EV Line
Ford plans to manufacture domestically a line of inexpensive EVs in the $30,000 range using lithium iron-phosphate battery technology licensed from China's CATL.
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