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How the escalating U.S.-China tech war could hurt American companies
Smartphones. Cars. Toasters. Fighter jets. While vastly different on the outside, all four items share something similar on the inside: semiconductors."There's no tech industry without semiconductors," said Stacy Rasgon, senior…
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Activision Blizzard agrees to settle California sex discrimination case
Activision Blizzard CEO Bobby Kotick speaks at the CNBC Evolve conference November 19th in Los Angeles.Jesse Grant | CNBCMicrosoft-owned Activision Blizzard has agreed to settle a case from a California state agency that alleged the…
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industrial output growth at 2-year high, retail sales disappoint
View of Shanghai skyline from a container station.Yaorusheng | Moment | Getty ImagesChina reported Friday its industrial output expanded at the fastest pace since February 2022 in November, though retail sales growth missed expectations,…
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EU at critical juncture over aid to Ukraine
President of Ukraine Volodymyr ZelenskyyViktor Kovalchuk | Getty ImagesBRUSSELS — European heads of state are gearing up for a difficult two-day gathering where support for Ukraine is at the top of the agenda, but internal divisions…
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European Central Bank to focus on shrinking its balance sheet
Christine Lagarde, president of the European Central Bank (ECB).Bloomberg | Bloomberg | Getty ImagesFRANKFURT — The European Central Bank meets this week with investors closely monitoring to see when the Frankfurt institution might start…
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China developer Country Garden reportedly set to avoid yuan bond default
The East China headquarters of Country Garden is being shown in Zhenjiang, Jiangsu Province, China, on October 10, 2023.Nurphoto | Nurphoto | Getty ImagesEmbattled Chinese real estate developer Country Garden may avoid a default on its…
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China’s livestream shopping booms, fueling new tech like avatars and AI
HAIAN, CHINA - NOVEMBER 7, 2023 - A crab farmer sells crabs via a live webcast at Xinhai village in Haian city, Jiangsu province, China, Nov 7, 2023. (Photo by Costfoto/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesBEIJING…
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From head to heart to diet, AI is making a map of elite athletic body
PARIS, ILE DE FRANCE, FRANCE - 2017/09/14: The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 summer Olympic Games. (Photo by Nicolas Briquet/SOPA…
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EU agrees to landmark rules governing AI after ChatGPT takes off
A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main,…
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China says fiscal policy must be ‘moderately strengthened’
Chinese President Xi Jinping chairs a symposium on advancing the integrated development of the Yangtze River Delta and delivers an important speech in east China's Shanghai, Nov. 30, 2023.Xinhua News Agency | Xinhua News Agency | Getty…
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