Lynn Hatem

Lynn Hatem covers world news, culture, and lifestyle for Beijing Times, following the stories and trends shaping contemporary life around the globe.

Author's Latest

UK Demands Meta Extend US Teen Safety Rules to British Users

Britain expects Meta to roll out the same child safety defaults it agreed to in a US settlement worth up to $18bn, adding fresh regulatory pressure.

Anthropic Unveils Model Hardware Standard Letting AI Agents Operate Machines

Anthropic launched the Model Hardware Standard on August 27, a research-preview framework letting AI agents operate physical devices, with open sourcing pl

SK Hynix Breaks Ground on $4 Billion Indiana AI Chip Plant, Output From 2029

SK Hynix held a groundbreaking ceremony Wednesday for its first U.S. facility, a $4 billion Indiana AI memory packaging plant, with output from 2029.

CrowdStrike Jumps 11% on Record Quarter as AI Fears Drive Cyber Demand

CrowdStrike shares rose about 11% on August 26 after a record quarter, with rising AI threats driving demand for advanced cybersecurity tools.

Nvidia Revenue Doubles to $96.2 Billion as AI Chip Demand Surges

Nvidia reported Q2 revenue of $96.22 billion, more than double a year earlier, as AI chip demand beat Wall Street forecasts. Shares slipped in after-hours

Salesforce Stock Jumps 14% on AI Growth, Deeper Anthropic Ties

Salesforce shares surged as much as 14% on August 26 after beating quarterly forecasts and expanding its Anthropic AI partnership.

Bath & Body Works Raises Profit Forecast as Online Sales Offset Weak Stores

Bath & Body Works lifted its annual profit forecast as online demand offset weak store traffic, though it guided to lower third-quarter earnings.

Abercrombie & Fitch Soars 37% on $100M Tariff Refund and Raised Guidance

Abercrombie & Fitch shares jumped 37% Wednesday after a roughly $100 million tariff refund, raised guidance and a 15th straight quarter of sales growth.

Nepal and China Flash Floods Kill 98, Leave 403 Missing

Flash floods and an avalanche in Nepal and China killed at least 98 people and left 403 missing, including 47 Americans, officials said on August 26.

Vanguard Acquires Fintech Platform Altruist in $4 Billion Deal

Vanguard has agreed to buy fintech platform Altruist for about $4 billion, expanding its reach into the independent financial advice market.

Druckenmiller Warns Bessent Will Lose Battle to Suppress US Bond Yields

Billionaire investor Stanley Druckenmiller warned on August 25 that his former protege Scott Bessent cannot win his effort to suppress US bond yields.