U.S. Big Tech legion seems to be torn between two economic powerhouses. In a battle for dominion between the East and the West, Big Tech companies are forfeiting from the Chinese market to prevent getting caught in the conflict, except for Apple, according to the BBC. Last week, Microsoft announced news of shutting down its professional […]
China
More than 70 percent of China’s 5G smartphones are driven by the country’s expanded network coverage and ampler models’ options, resulting in an 8.1 percent rise in sales for fifth-generation network devices. China, a country with a mindset focused on usurping the U.S. from its throne as the world’s largest economy, is impressively playing the […]
U.S. officials are issuing new warnings about China’s ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America. The warnings include a renewed effort to inform business executives, academics and local and state government […]
Amazon’s audiobook service Audible and phone apps for reading the holy books of Islam and Christianity have disappeared from the Apple store in mainland China, the latest examples of the impact of the country’s tightened rules for internet firms. Audible said Friday that it removed its app from the Apple store in mainland China last […]
The Chinese tech crackdown to reign in the industry’s firms has reached a new frontier, U.S. Big Tech. As China ups its regulatory game on tech firms, American sweetheart, Apple, has always managed to avoid being caught in the crossfire by striving to preserve a sharp image with Chinese authorities. With President Xi Jinping launching […]
China is facing the worst power shortage in its history as the electricity crunch and authorities force manufacturers to cut down on production, an act that could unleash chaos within the tech supply chain. Companies are bracing themselves for what could be the pinnacle of production after COVID-19 merely ravaged the industry. Now, another factor […]
ByteDance plans to globally emerge into the e-commerce industry by leveraging TikTok, to launch an international shopping platform, attracting merchants and consumers taking on Amazon. The Beijing-based company proved itself as a force to be reckoned with as it expands its influence over a diversified multitude of platforms, and its latest tactic to overtake Amazon’s […]
As China sets the stage for its imperial influence on the market, representatives from Washington, and European Union (EU) will gather on Wednesday to address critical geopolitical, economic, and technological difficulties to fortify their alliance against Beijing’s determination of overtaking the digital market. As global forces suffer from a semiconductor shortage, the Trade and Technology […]
In a move to fortify national security, the U.S. Federal Communications Commissions (FCC) finalized Monday its latest draft of a $1.9 billion program to endorse domestic and modest telecom carriers at the expense of extracting Huawei and ZTE’s Chinese influence in the American market. As the East and the West indulge in their personal vendettas, […]
The People’s Bank of China doubled down on Friday its crackdown on all cryptocurrency mining and trading activities by instituting its latest regulation prohibiting overseas cryptocurrency exchanges from accommodating to Chinese citizens under threat of criminal penalty, yielding Bitcoin value. China’s perception of decentralized currencies is not a thing of the past. As the first […]