In Response To US Chip Curbs, Alibaba Abandons Cloud Unit Spinoff

Alibaba Group Holding announced on Thursday that it will abandon the planned spin-off of its cloud…

Baidu CEO Cautions Against China’s AI Model Development As It May Waste Resources

The head of Baidu, a prominent AI firm in China, Robin Li, cautioned against the rush…

Germany Economy And Auto Industry At Risk Due To Heavy Exposure To China, Fund Manager Warns

Germany’s strong economic ties with China present substantial risks for the leading European economy, warns the…

Automakers Accelerate Efforts to Break Free from China’s EV Rare Earth Dominance

The global auto industry’s pursuit of electric vehicle (EV) motors devoid of or with minimal rare…

Global EV sales stay strong, China hits record despite end of subsidies

China’s 11-year subsidy scheme for electric vehicle (EV) purchases ended in 2022. However, some local authorities…

Samsung To Launch Galaxy Foldable Next Year. To Sell  At $500

Samsung is reportedly developing an economical Galaxy foldable smartphone that may be priced in line with…

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