Alibaba threatens bigger than Beijing in Weibo IPO

HONG KONG, DECEMBER 3 (Reuters Breakingviews) – China’s most censored internet company has bigger concerns than Beijing. Weibo (WB.O), the country’s response to Twitter, is a frequent target for regulatory intervention thanks to its influence over public opinion. Leaders have mostly handled it with awareness. The company’s relationship with Alibaba (9988.HK) is a worse thorn … Read more

Apple says suppliers’ demand for the iPhone 13 series has weakened – Bloomberg News

December 1 (Reuters) – Apple Inc (AAPL.O) has told its parts suppliers that demand for the iPhone 13 series has slowed, Bloomberg News reported on Wednesday, citing people familiar with the matter, signaling that some Consumers have decided not to buy hard to find item. The company had cut production of the iPhone 13 by … Read more

Overconfident China can make miscalculations, says the British spy chief

The MI6 chief says China is the No. 1 priority The risk of Chinese miscalculation is high China, Russia are rushing into artificial intelligence, says MI6 The spy chief remembers Moscow with joy LONDON, Nov. 30 (Reuters) – An overconfident and confident China under President Xi Jinping and the Communist Party rule risks making miscalculations … Read more

Wall Street returns after virus-linked sell-off

(Updates prices to close, adds comments) The S&P tech sector is leading to progress, chip stocks are doing better Merck draws on Dow Industrials Twitter closes lower after CEO Dorsey resigns Indexes up: Dow 0.68%, S&P 1.32%, Nasdaq 1.88% Nov 29 (Reuters) – Wall Street shares closed higher on Monday, regaining some of the ground … Read more

The U.S. Commerce Department is pitching chips financing in Michigan

US Secretary of Commerce Gina Raimondo listens to a question during an interview with Reuters at the Department of Commerce in Washington, DC, September 23, 2021. REUTERS / Kevin Lamarque / File Photo Sign up now for FREE unlimited access to Sign up TAYLOR, Michigan, November 29 (Reuters) – US Secretary of Commerce Gina … Read more

EXCLUSIVE Europe’s telecommunications companies want US technology giants to help fund network costs

BRUSSELS, November 29 (Reuters) – US technology giants should bear some of the cost of developing Europe’s telecommunications network because they use them so much, top executives of Deutsche Telekom (DTEGn.DE), Vodafone (VOD.L) and 11 other major IT informs European telecommunications companies on Monday. The call from CEOs comes as the telecommunications industry faces massive … Read more

Wall St Week Ahead COVID-19 fears reappear as a threat to the market

The floor of the New York Stock Exchange (NYSE) is seen after the close of trading in New York, USA, on March 18, 2020. REUTERS / Lucas Jackson Sign up now for FREE unlimited access to Sign up NEW YORK, Nov. 26 (Reuters) – COVID-19 has resurfaced as a concern for investors and a … Read more

Black Friday attracts American shoppers, but many reject stores for online

CHICAGO, Nov. 26 (Reuters) – Bargain hunters ventured out in the cold weather to buy Christmas presents on Black Friday, but discovered that many U.S. retailers were offering smaller price reductions this year due to tight supplies. COVID fears and fewer “doorbuster” sales thinned out crowds the day after the American Thanksgiving holiday, which kicks … Read more

Xiaomi opens car factory in Beijing with an annual output of 300,000 vehicles – Beijing government

The Xiaomi logo was seen in a Xiaomi store in Shanghai, China on May 12, 2021. REUTERS / Aly Sang / Fil Photo SHANGHAI, Nov. 27 (Reuters) – Chinese smartphone giant Xiaomi Corp. (1810HP) will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, capital authorities said Saturday. … Read more

India tells the public to avoid Musk-backed Starlink until it gets licensed

SpaceX founder and Tesla CEO Elon Musk speaks on screen at the Mobile World Congress (MWC) in Barcelona, ​​Spain, June 29, 2021. REUTERS / Nacho Doce / File Photo Sign up now for FREE unlimited access to Sign up NEW DELHI, NOVEMBER 27 (Reuters) – The Indian government discouraged people from subscribing Starlink Internet … Read more