BUSINESS
According to Reuters, as global competition in the semiconductor industry continues to intensify, China's chip sector is accelerating efforts to achieve technological breakthroughs. Analysts say that although Huawei is advancing architectural innovations and packaging technologies, it remains constrained by critical equipment shortages and structural limitations in the global supply chain.
Chinese State Firm Claims Stake in TikTok’s Sibling Company
In April, ByteDance, which owns TikTok, sold a one percent stake in its subsidiary company Beijing ByteDance...
Hacker Who Stole $600M in Cryptocurrency Offered Job and Reward From the Company He Stole From
A week after a hacker perpetrated what many are calling the largest cryptocurrency heist in history,...
Companies Stockpile Cash As Delta Variant Fears Linger
Companies have been keeping a record amount of cash, despite concerns surrounding disruptions from Covid...
Global Semiconductor Supply Shortage, Nissan Shuts Down Operations at US Plant
Japanese carmaker Nissan is temporarily suspending operations at its assembly plant in Tennessee. The...
Nike Turns Blind Eye to Genocide: ‘Business in China is Aligned to Our Values’
Nike is claiming that its values align with how it operates in communist China. The company has made...
China Barrels Forward With Massive Injection of Capital Into Aviation Industry in an Attempt to Compete
Amidst draconian lockdowns and travel restrictions due to surging cases of the novel coronavirus, China...
Huawei Accused of Installing ‘Backdoor’, Stealing Trade Secrets During Massive Project Undertaken for
Business Efficiency Solutions LLC (BES), a California based software company, is suing Huawei in a Californian...
American Businesses to Biden: End Trade War With China and Restart Trade Talks
In 2018, President Donald Trump slapped tariffs and other trade barriers on China due to the country’...
CNN Dumps Unvaccinated Staffers in Continuing Pattern of COVID Hysteria
“Let me be clear — we have a zero tolerance policy on this,” wrote CNN President Jeff Zucker in a memo...