The recent call for action by U.S. Consumer Product Safety Commission members, Peter Feldman and Douglas Dziak, to investigate the safety practices of foreign-owned e-commerce platforms such as Shein and Temu has sparked concerns about the sale of potentially dangerous baby and toddler products. This move highlights the growing need to scrutinize the safety and
Enterprise
The rapid advancement of technology has prompted many hotel chains to revolutionize the way guests access their rooms. With the emergence of digital options like Apple Wallet and Google Wallet apps, the traditional plastic room key is quickly becoming obsolete. The shift towards touchless technology has been further accelerated by the onset of the pandemic,
The recent decision by Brazil’s federal supreme court to suspend Elon Musk’s social network X raises serious concerns about due process and legal procedures. The court’s top justice, Alexandre de Moraes, issued suspension orders without giving Musk and X a fair opportunity to defend themselves or comply with the court’s requests. This lack of due
Huawei, the Chinese technology giant, is set to hold a product launch event this month, strategically timed just hours after Apple’s annual iPhone reveal. The event is scheduled to take place on September 10 at 2:30 p.m. Beijing time, which coincides with the late evening of September 9 on the west coast of the U.S.,
Brazil’s supreme court recently made a bold move by ordering a nationwide suspension of Elon Musk’s social network X. This decision came after X refused to comply with previous court orders regarding content moderation and the appointment of a legal representative in the country. As a result of this suspension, daily fines have been imposed
Alibaba has successfully completed a three-year regulatory “rectification” process following an antitrust fine for monopolistic practices in 2021, as announced by China’s State Administration for Market Regulation (SAMR). This process required Alibaba to align with antitrust regulations, particularly in regard to the “choose one of two” policy that gave the tech giant unfair competitive advantages.
Dell reported its quarterly results, exceeding Wall Street’s expectations with a significant increase in server sales. The company’s revenue for the fiscal second quarter stood at $25.03 billion, surpassing the estimated $24.53 billion. The earnings per share (EPS) also outperformed predictions at $1.89 adjusted, compared to the anticipated $1.71. This positive outcome led to a
The tech and chip-related stocks in Asia took a hit on Thursday following the announcement of Nvidia’s second-quarter results. Companies with direct links to the U.S. tech giant, such as South Korean chipmakers SK Hynix and Samsung Electronics, experienced significant losses. SK Hynix, known for manufacturing high bandwidth memory chips used in AI applications for
Elon Musk’s artificial intelligence startup, xAI, has been at the center of controversy due to its recent activities in Memphis, Tennessee. The company has come under fire for using natural gas burning turbines at its new data center without obtaining the necessary permits, leading to concerns about pollution and environmental health in the area. The
The boom in artificial intelligence technologies is driving the demand for more powerful processors and increased energy consumption in data centers. Sustainable Metal Cloud (SMC) has positioned itself as a key player in this space by offering innovative solutions that are sustainable and energy-efficient. SMC’s HyperCubes, which are filled with servers equipped with Nvidia processors
The World Robot Conference in Beijing showcased a plethora of humanlike robots, with 27 debuting at the event, a new record. There is a rush in China towards the development of humanlike robots, with investments exceeding 100 billion yuan in the last decade. These robots are being designed to perform a wide range of tasks
The ongoing trade war between the U.S. and China has led Chinese electric vehicle (EV) makers to explore new markets outside the U.S. One of the emerging markets for Chinese EVs is Mexico, where affordable price tags and aggressive marketing strategies have attracted customers. Last year, China was the largest car supplier to Mexico, exporting
Recently, it has come to light that Perplexity AI, an artificial intelligence startup, is planning to introduce advertisements on its search app in the upcoming quarter. Despite the company’s increasing popularity and success, it has faced accusations of plagiarizing content from various media outlets, raising concerns about its content acquisition practices. Let’s delve deeper into
The recent decision by the European Union to lower tariffs on electric vehicle imports from China has sparked a strong reaction from the Chinese government. The Ministry of Commerce in China has criticized the EU for what it views as unfair competition practices and pre-set conclusions regarding China’s subsidies for its electric vehicle industry. This