Technology

Qualcomm Stock Jumps 10% on $4 Billion Amazon Custom Chip Deal

Qualcomm shares rose about 10% after unveiling a roughly $4 billion custom chip partnership with Amazon for AI data centers, challenging Nvidia's lead.

Dow Sheds 500 Points as Oil Nears $100 on Saudi Houthi Attacks

The Dow dropped about 500 points Wednesday as Houthi attacks on Saudi Arabia injured 73 and drove oil toward $100 a barrel.

Dow Slides 400 Points as US-Iran Strikes Push Oil to Six-Week High

The Dow slid roughly 400 points as renewed U.S.-Iran attacks pushed Brent crude to a six-week high, with energy shares leading a mixed Wall Street session.

GE Aerospace to Buy Castings Maker CPP for $11.75 Billion

GE Aerospace said on Tuesday it will acquire castings maker Consolidated Precision Products for $11.75 billion from Warburg Pincus and Berkshire Partners.

UK Bans Trade From Israeli West Bank Settlements, Drawing US and Israeli Criticism

Britain said on Tuesday it will ban goods from Israeli settlements in the occupied West Bank, drawing criticism from the US, Israel and some British MPs.

Apple’s Image Stirs Historic Sentiments in China: From Braids to Brand Sensitivity

Apple recently found itself in the midst of a cultural debate in China due to a seemingly innocuous image of an Apple Watch specialist...

Honor Opts for MediaTek & Qualcomm Chips, Distancing from Huawei’s Approach

Honor, once a part of Huawei Technologies, has firmly stated that it will not be venturing into creating its own system-on-a-chip (SoC) solutions. Instead,...

Intel’s Gaudi2 AI Chips Witness Surging Demand in China Amid Tech Race

Intel Corp, the American tech behemoth, is witnessing skyrocketing demand for its AI-centric chips from clients in China. Mainland companies are keen to bolster...

Nio’s Smart Move: Introducing a Smartphone Designed for Its EVs

In a move to redefine automotive innovation, Nio, a leading Chinese electric vehicle (EV) start-up, has launched a smartphone specifically designed as an accessory...

JPEX Unveils Dividend Plan Amid Hong Kong Regulatory Pressure

In a bold move, JPEX, the cryptocurrency platform under scrutiny by Hong Kong's authorities, has put forth a dividend plan to lure investors. This...

Qualcomm Announces Job Cuts in Shanghai Amid US-China Tech Strains

US-based semiconductor giant Qualcomm is making workforce adjustments at its Shanghai office, a decision arising from the existing technological rift between the US and...

Germany-China 5G Controversy: A Deep Dive into the Huawei and ZTE Debate

In a rapidly changing global landscape where 5G technology holds paramount significance, Germany's potential decisions regarding the use of components from Chinese firms, primarily...

Chengdu’s Smart City Advancements Win Global Admiration

Chengdu, a city nestled in China's Sichuan Province, recently hosted international journalists from across the Asia-Pacific region. They had come as part of the...

Expanding the Global Influence of Chinese Scientific Research: Insights from AIP Publishing Leaders

Recent conversations with leaders from AIP Publishing highlight the transformative role of academic publishing in amplifying China's scientific research influence on the global stage....

EU-China Trade Tensions: The Impact on European Auto Stocks and the German Automaker Dilemma

In recent events, the stocks of German automakers had a noticeable impact on Europe's auto index. The underlying cause was the mounting concerns about...

Tata Motors: Pioneering the Global Electric Vehicle Revolution

Tata Motors, the foremost electric car manufacturer in India, is spearheading a drive to test its electric vehicles (EVs) in select global markets. The...

Alibaba’s AI Evolution: The Public Release of Tongyi Qianwen

Introduction In the fast-paced world of artificial intelligence, Alibaba Group is making significant strides by enhancing its focus on AI technologies. The company's recent announcement...

Tencent Gears Up to Launch Mobile Edition of Bandai Namco’s Blue Protocol

In a strategic move that could reshape its international gaming dynamics, Tencent Holdings, the global gaming behemoth, has successfully acquired the rights to develop...

CNKI Faces Heavy Fine for Data Mismanagement Amidst China’s Tightened Cybersecurity Measures

China’s largest academic research database, the China National Knowledge Infrastructure (CNKI), has once again made headlines. This time, it's for its illegal data handling...

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