U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank (SVB) and try to stem any broader financial fallout from the sudden collapse of the tech startup-focused lender, sources familiar with the matter told Reuters. Biden administration officials worked through the weekend to assess the impact of SVB Financial […]
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Unveiling the Hype: ChatGPT’s Take on Lebanon’s Long-standing Political and Economic Crisis – Straight from an Inside Telecom Interview! ChatGPT is the new hype. That is not a secret. So, we decided to put that hype to the test. Inside Telecom decided to see what the big deal is. We asked this advanced Artificial Intelligence […]
Li Qiang, the former Communist Party chief of Shanghai, took office on Saturday as China’s premier, the country’s No.2 post, putting the close ally of President Xi Jinping in charge of reviving an economy battered by three years of COVID-19 curbs. Widely perceived to be pragmatic and business-friendly, the 63-year-old Li faces the daunting task […]
The European Union is a global frontrunner in cutting carbon emissions but is also moving to ensure the green transition doesn’t make it an industrial desert, with a raft of measures due to be announced next week. Europe’s industrial competitiveness in relation to the United States and China, the world’s two biggest economies, has become […]
Throughout history, humans have managed to circumvent long and tedious processes. Henry Ford’s moving assembly line was a quantum leap in manufacturing, so to speak. And in the age of digital advancements, it is no different. The latest concept proposed is quantum computing (QC) based on quantum physics. In layperson’s terms, this type of computing […]
Canada’s commodity-heavy main stock index rose on Friday to its highest closing level in more than two weeks as encouraging economic data from major energy importer China allayed fears of a global economic slowdown. Activity in China’s services sector expanded at the fastest pace in six months in February as the removal of tough COVID-19 […]
1. Lithium Price Slide Deepens as China Battery Giant Bets on Cheaper Inputs By now, it is out in the open that the COVID-19 pandemic played a remarkable role in hastening the global reliance on lithium for EV batteries as the world pushes to reduce carbon emissions as it marches on a path towards an […]
A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn’t impressing hedge funds and other investors who have cut exposure to the stocks and seem to be waiting for more good news. For the now, investors remain wary of a market overshadowed by simmering Sino-U.S. tensions over […]
Smart cities, cognitive cities’ predecessors, as a concept, are not as brand new as you might think. In fact, in 1974, Los Angeles created the first urban big data project, “A Cluster Analysis of Los Angeles,” fast forward to 1994, and Amsterdam hopped on the wagon with a virtual digital city, “De Digital Stad” (DDS), […]
Ah, the charms of the legacy western propaganda machine. Generations of us are indoctrinated with the insidious, perfidious nature of China’s goal of world domination. Hmmm, it would be nice if we just embraced the truth of what China can offer the world rather than being forced into a mindset about which another economy suffers […]