INDUSTRY
As artificial intelligence companies compete for increasingly scarce training material, some are reportedly turning to an unexpectedly old-fashioned source: physical books. AI developers and their contractors are purchasing large quantities of secondhand books, removing their bindings and scanning the pages before destroying or recycling the originals, according to a July
3 Evergrande Real Estate Executives Asked to Resign Over Unstable Loans
Evergrande Group, the embattled Chinese real estate giant, has once again become the focus of international...
Chinese Regulators Slam Ride-Sharing App Didi Global with $1.2 Billion Fine
After a year-long probe into the company’s cybersecurity and data management, Chinese ride-hailing app...
A US Railway Strike Is Two Days Away, Unless Biden Intervenes
The United States may face an immediate and severe crisis if a looming strike by railway worker unions...
Pentagon Confirms US Successfully Tested Lockheed Hypersonic Missiles
WASHINGTON, July 13 (Reuters) - The United States successfully tested two Lockheed ...
China Experiencing Worst Capital Flight in 7 Years, Manufacturers Also Hit Hard
Reeling from unrelenting COVID lockdowns, travel restrictions and movement curbs, China’s national economy...
Cut Off From Russian Gas, Bulgaria Opens New Pipeline Via Greece
ATHENS, Greece (AP) — The leaders of Greece and Bulgaria on Friday, July 8 inaugurated a new pipeline...
Biden Planning Modest Relaxation of China Tariffs as Inflation Pressure Grows
U.S. President Joe Biden’s administration has further hinted at the easing of tariffs on Chinese goods...
Oil Dips Toward Sub-$100 Prices as Media Messaging Turns Dissonant
News analysis As U.S. oil prices below $100 per barrel for the first time in almost two months greeted...
Worldwide Electronics Demand Slowing, South Korean Memory Chip Inventory Shows
In another confirming sign that the world has already entered the early stages of a severe recession,...