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 […]
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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 […]
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 […]
Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain’s Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead with piloting a digital yuan and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast […]
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 […]
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 […]
Taiwan’s exports in December likely dropped from a year earlier for the fourth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and COVID-19 controls in China, according to a Reuters poll. Taiwan, a global hub for chip production and a key supplier to Apple Inc, is […]
Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers that have bet heavily on the Elon Musk-led electric vehicle manufacturer. Overall, 50 actively-managed U.S. equity funds have more than 5 percent of their assets in the company, exceeding the barrier that many portfolio managers will not cross for one equity […]
The S&P 500 finished higher on Wednesday but below its session peak after volatile trading following the release of minutes from the Federal Reserve’s last meeting, which showed officials laser-focused on controlling inflation even as they agreed to slow their interest rate hiking pace. Officials at the Fed’s Dec. 13-14 policy meeting agreed the U.S. […]
Wall Street’s main indexes closed lower on the first trading day of 2023 with the biggest drags from Tesla and Apple, while investors worried about the Federal Reserve’s interest-rate hiking path as they awaited minutes from its December meeting. Shares in electric vehicle maker Tesla Inc closed down 12 percent after hitting their lowest level […]