Porsche is considering fully integrating Google software into its car cockpit, a source close to the company said on Thursday, marking a shift in strategy for the newly listed carmaker. The deal, which is only being considered for the Porsche brand and not the Volkswagen Group more widely, would enable Porsche customers access to Google […]
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For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low, globalization effectively expanded the supply of labor, and, at the margin, markets for goods and services were becoming more open and stable. Those trends have now been challenged if not upended altogether […]
Innovation in MedTech has been kept alive by quick advancements in revolutionary healthcare. Technologies and increased need created demand for integrated tech-enabled care. At the same time, medical technology entrepreneurs need help with a patchwork of international laws, regulations, and standards. Whether they are working in diagnostics, telemedicine, wearables, or AI-driven healthcare offerings. Innovators and […]
Apple Inc is planning to start using its own custom displays in its mobile devices from 2024 onwards in an attempt to bring more components in-house, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The company intends to begin by swapping out the display in the highest-end Apple Watches by the […]
Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said. The investment may total up to $400 million, one of them said. The plan underscores efforts by […]
Options traders are bracing for volatility in U.S. bank shares days ahead of an earnings season many believe will bring lower profits and reflect worries over an expected recession. Current market positioning signals a gloomy outlook: The one-month moving average of open puts on the Financial Select Sector SPDR Fund, the largest financials ETF with […]
TikTok Chief Executive Shou Zi Chew on a visit to Brussels on Tuesday sought to reassure the European Union the app would respect the bloc’s increasingly stringent tech rules and commitments to privacy and child safety. The short-video app, which is owned by Chinese technology conglomerate ByteDance, has for the last three years worked to […]
China began enforcing its most recent cybersecurity regulations,”MLPS 2.0,” which mandate that businesses install government-approved network equipment and make their networks transparent to Chinese government authorities. The Chinese Ministry of Public Security will now receive cybersecurity strategy reports from all companies operating in China. They will be permitted to monitor their secure networks. According to […]
The ancient Romans were brilliant engineers and builders, creating a dazzling array of magnificent structures including some that have survived to modern times virtually intact like the domed Pantheon in Rome. An indispensable material for the Romans was a form of concrete they developed that is known for remarkable durability and longevity, though its exact […]
Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. Hong Kong-listed shares of Ma’s Alibaba jumped 7 percent. Shares of Longshine Technology Group Co Ltd, Jilin Zhengyuan, Shanghai Golden Bridge […]