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Tag: finance

US Firms Report Huge Dip in China Sales as Beijing Continues ‘Zero-COVID’ Measures
Several major companies, including Starbucks, Apple, Estee Lauder, and other U.S.-listed companies have warned in quarterly earnings reports that China’s “zero-COVID” controls will severely drag down profit and impact business.  International companies have faced a...
Researchers from Northwest University developed the FaceBit, a quarter-sized sensor that affixed to masks and respirators with a magnet to measure fit, heart rate, and respiration.
Researchers Develop FaceBit, a Wireless Sensor for Masks and Medical Respirators
Researchers have developed a smart sensor that can be applied to masks that monitors a user’s breath rate, heart rate, and other health metrics—but fails to address essential factors relevant in the Coronavirus Disease 2019...
Musk's Neuralink Brain Computer Interface technology may go live in humans this year, but some reports say the company is full of problems.
At Musk’s Neuralink, Staff and Management Paint a Vaporware Picture
Neuralink CEO Elon Musk has high hopes his brain implant chip technology will go live in humans this year, but scientists remain skeptical while his competitors vie for smarter wireless solutions. According to Musk, Neuralink’s...
Chinese Ride Share Giant Didi
Chinese Authorities Ask Ride Sharing Giant Didi to Delist from New York Stock Exchange
As Chinese leader Xi Jinping’s crackdown on the nation’s big tech continues, the latest company to face issues is ride-sharing app Didi Chuxing Technology Co. On Nov. 25, Chinese regulators asked Didi’s top executives to...
Chinese citizens have savings at a much higher rate than around the world. The photo is a stock image of Shanghai, China, on a clear day.
Will Chinese Citizens Be Coaxed Into Capital Markets?
On December 22, 2020, the China Securities Regulatory Commission (CSRC) held a meeting and discussed the topic of encouraging Chinese citizens to invest their savings in capital markets. This is the second time within 11...