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The Chinese government has executed 11 members of the Ming family crime syndicate. This comes after investigations into the criminal empire uncovered “intentional homicide, intentional injury, illegal detention, fraud, and operating gambling dens”, as well as other penalties. In the announcement, which has been translated, the Supreme People’s Court has confirmed that the group, led […]
President Trump is poised to launch a $12 billion stockpile of critical minerals — an attempt to reduce US reliance on China’s supply and stabilize prices for American manufacturers, The Post has learned. The president’s Project Vault will be backed by $1.67 billion in private capital and a $10 billion loan from the US Export-Import […]
Haivivi Bubblepal, an AI toy. Courtesy: Haivivi It seems everyone is talking about artificial intelligence these days — even Ultraman. When asked if investors should be worried about an AI bubble, the new second-generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI stocks. “The AI market has […]
Nvidia has reportedly developed location verification technology that will allow it to identify where its computer chips are being used – a move that comes as the AI giant faces pressure to prevent China from smuggling its most powerful gear. The software is expected to be implemented on Nvidia’s top-of-line Blackwell chips, which are subject […]
President Donald Trump’s decision to let U.S. tech giant Nvidia sell more advanced semiconductors to China is getting pushback from some Republicans wary of giving Beijing an edge in the global race to AI dominance. The agreement, which Trump announced in a Truth Social post Monday evening, would allow Nvidia to sell its H200 artificial […]
China is set to limit access to Nvidia’s advanced H200 chips – even after President Trump said the US chipmaker could resume exports to Beijing, according to a report. Chinese companies have been forced to use less-powerful domestic alternatives as the US has enforced strict export controls on its AI chips – fearful Beijing could […]
The US government will allow Nvidia to export its H200 artificial intelligence chips to China, collecting a fee for each chip, President Trump said Monday. Shares of Nvidia, the world’s most valuable company rose 1.2% in after-hours trading after Trump made the announcement on Truth Social, having closed 3.16% higher after Semafor first reported the possibility of approval. Trump […]
Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China. Under the terms of the deal valued at $4 billion, Boyu, an alternative asset management firm, will hold up to a 60% interest in the joint venture. Starbucks will hold a 40% stake and maintain […]
WASHINGTON — The US and China have finalized a deal to transfer the American version of TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday. President Trump and Chinese leader Xi Jinping will officially “consummate” that deal when they meet in Busan, South Korea on Thursday — marking the first time the two […]
new video loaded: The N.B.A. Returns to China After Six Years transcript Back transcript The N.B.A. Returns to China After Six Years The N.B.A, returns to China this week, after a hiatus sparked by a controversial 2019 tweet. In Macau, New York Times business reporter Tania Ganguli reveals the behind-the-scenes stakeholders who orchestrated the league’s […]
