China

  • China startup deals shrink as fundraising for investors plummets Chinese startups continue to weather tough times as private investors, caught in a cash crunch, are concentrating money into fewer deals. China’s deal-making activity for startups in the six months ended June halved from a year ago to 1910, according to data from consulting firm ChinaVenture’s research arm. The amount invested in domestic startups during ...
  • Snap turns to search giant Baidu to court Chinese advertisers Two years have passed since Snap Inc first struck a deal with Baidu that authorized China’s largest search engine to be a reseller of Snapchat ads for companies in Greater China as well as Japan and South Korea, where Baidu runs a portfolio of mobile apps. This week, the pair announced they have renewed the ...
  • The need-to-know takeaways from VidCon 2019 VidCon, the annual summit in Anaheim, CA for social media stars and their fans to meet each other drew over 75,000 attendees over last week and this past weekend. A small subset of those where entertainment and tech executives convening to share best practices and strike deals. Of the wide range of topics discussed in ...
  • Donald Trump claims trade war is working as China’s economy slows Chinese economic growth falls to slowest pace since 1992 – but is expanding faster than the USDonald Trump has claimed that his tariff battle with China is working after official data from Beijing showed growth in the world’s second biggest economy dro… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • No technical reason to exclude Huawei as 5G supplier, says UK committee A UK parliamentary committee has concluded there are no technical grounds for excluding Chinese network kit vendor Huawei from the country’s 5G networks. In a letter from the chair of the Science & Technology Committee to the UK’s digital minister Jeremy Wright, the committee says: “We have found no evidence from our work to suggest ...
  • China’s Economic Growth Is at Its Lowest in Almost Three Decades The country says its economy is in a “grave situation” Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)
  • China growth rate hits 27-year low as trade war drags on – business live Rolling coverage of the latest economic and financial news, including reaction to the latest Chinese GDP report 7.59am BST This charts confirms that China’s growth rate is now the weakest since modern records began in the early 1990s.The trade war with… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Hellobike, survivor of China’s bike-sharing craze, goes electric Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the streets of cities. Meanwhile, a new race has started for two-wheelers with motors — and one of the main players is a survivor from the bike-sharing craze. Blessed with fundings from ...
  • Minimum investment for EB-5 investor green card expected to more than double While not a startup visa, the EB-5 investor green card offers many entrepreneurs a path to a green card by investing money and creating jobs in the U.S. Under the EB-5 program, an entrepreneur’s family is also eligible for green cards. Imminent regulatory changes to the EB-5 program are expected to make obtaining an EB-5 ...
  • After Trade War Truce, Trump Accuses China of Not Buying Enough U.S. Farm Products “Hopefully, they will start soon,” Trump tweeted. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)
  • Microsoft’s $399 Azure Kinect AI camera is now shipping in the U.S. and China Earlier this year, at MWC, Microsoft announced the return of its Kinect sensor in the form of an AI developer kit. The $399 Azure Kinect DK camera system includes a 1MP depth camera, 360-degree microphone, 12MP RGB camera and an orientation sensor, all in a relatively small package. The kit has been available for pre-order ...
  • Apple opens app design and development accelerator in China Apple has opened a design and development accelerator in Shanghai — its first for China — to help local developers create better apps as the iPhone maker looks to scale its services business in one of its key overseas markets. At the accelerator, Apple has begun to hold regular lectures, seminars and networking sessions for ...
  • Cars-as-a-service, Alibaba and ridehailing, mental health, and the future of financial services The future of car ownership: Cars-as-a-service It’s Mobility Day at TechCrunch, and we’re hosting our Sessions event today in beautiful San Jose. That’s why we have a couple of related pieces on mobility at Extra Crunch. First, our automotive editor Matt Burns is back with part two of his market map and analysis of the ...
  • Bank of Canada counts the costs of the biggest threat to our economy right now Canada twice as exposed to impact of global trade wars as world at large — and it’s already taking a toll Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • ‘We see Bank of Canada on hold for next couple of years’: What the economists say about today’s rate decision Chance of cut just went up Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)
  • Apple Opens App Design and Development Accelerator in Shanghai Apple has announced the opening of a new Design and Development Accelerator in Shanghai as part of an effort to support engineering talent and boost growth in China’s iOS developer community. Located in Pudong District, the Accelerator is being la… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • The Commerce Department will accept applications from companies that want to supply Huawei, but it remains blacklisted About two months after Huawei was placed on the Commerce Department’s Entity List, the Chinese telecom equipment and smartphone giant will be able to do business with American suppliers again–but only if they get a license from the U.S. government. Commerce Secretary Wilbur Ross made the announcement during a department conference, adding that companies must ...
  • Uber CTO says competing with Didi is ‘very healthy’ despite their complicated relationship Competing with a company that counts you as an investor is hardly conventional — some might call it strange — but for Uber it’s a situation that is not only normal but essential. That’s according to the ride-hailing giant’s CTO, Thuan Pham, who talked about the complicated rivalry Uber has with China’s Didi Chuxing, which ...
  • Canada pushes to get meat exports to China flowing again, starting this week Canada presented an action plan that addresses some of China’s concerns about the meat-export system and is waiting for a response Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • Meituan, Alibaba, and the new landscape of ride-hailing in China Instead of switching between apps to secure a ride during rush hour, people in China can now hail from different companies using a single app. Some of the country’s largest internet companies — including ride-hailing giant Didi itself — are placing bets on this type of aggregation service. The nascent model is reminiscent of a ...
  • Fish replacement may be the next big wave in alternative protein development Brian Kateman Contributor Share on Twitter Brian Kateman is President and Cofounder of the Reducetarian Foundation. Fish make up 16% of animal protein consumed globally, and demand is set to rise, according to the United Nations’ Food and Agriculture Organization, largely thanks to rising disposable incomes. But overfishing is hugely problematic – and it’s not sustainable to ...
  • ‘Canada is being bullied’: Scheer calls for Trudeau to step up inspections on Chinese imports, consider imposing tariffs The Canada-China dispute has stretched on for seven months and led to the suspension or obstruction of key Canadian agricultural imports Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • Image recognition, mini apps, QR codes: how China uses tech to sort its waste China’s war on garbage is as digitally savvy as the country itself. Think QR codes attached to trash bags that allow a municipal government to trace exactly where its trash comes from. On July 1, the world’s most populated city Shanghai began a compulsory garbage sorting program. Under the new regulations (in Chinese), households and ...
  • Waresix hauls in $14.5M to advance its push to digitize logitics in Indonesia Waresix​, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old business. This new investment, Waresix’s Series A, is led by EV Growth — the growth-stage fund co-run by East Ventures — with participation from SMDV ...
  • It’s time to push back and impose sanctions on Chinese products, says Peter MacKay Former Minister of Foreign Affairs talks about what should be Canada’s strategy going forward in trade dispute Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • What everyone at a startup needs to know about immigration The immigration process in the U.S. has become a high-stakes undertaking for employers, workers, and entrepreneurs. Predictability has eroded. Processing times have soared. And any mistake or… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • App revenue tops $39 billion in first half of 2019, up 15% from first half of last year App store spending is continuing to grow, although not as quickly as in years past. According to a new report from Sensor Tower, the iOS App Store and Google Play combined brought in $39.7 billion in worldwide app revenue in the first half of 2019 — that’s up 15.4% over the $34.4 billion seen during ...
  • WeChat wants to own tourism When people travel, they usually have a list of apps installed to navigate a new city, find restaurants, book transit tickets and more. China’s top chat app WeChat has designs on claiming that spot with a new strategy that lumps all these functions into a collection of destination-specific apps. Operated by Tencent, Asia’s second most ...
  • China’s Alipay adds sought-after beauty filters to face-scan payments In China, striving for accuracy in a piece of facial recognition software isn’t enough. As Alibaba’s e-wallet affiliate Alipay has recently demonstrated, the way software presents a user’s look is also crucial to its success. On Tuesday, Alipay announced on social media platform Weibo (in Chinese) that it’s added beauty filters to its pay-with-face system ...
  • Despite Trump’s promised reprieve, Commerce Department tells staff to continue treating Huawei as blacklisted President Donald Trump recently promised to ease the ban on American companies doing business with Huawei, but the Commerce Department is requiring its staff to treat Huawei as if the blacklist is still in place, reports Reuters. Enforcement staff were sent an internal letter this week by John Sonderman, the Deputy Director of the Office ...
  • China’s Didi removes 300,000 drivers amid safety overhaul 2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after two deadly passenger incidents. One way it works to ramp up safety is a stricter vetting process for drivers. The mobility giant said Tuesday to a group of media that it ...
  • From seed to Series A: Scaling a startup in Latin America today It’s not easy to raise growth-stage capital in Latin America, but it’s getting easier. As startups begin to flourish in the region’s largest markets, available funding is evolving to suit the needs of these maturing companies. However, Silicon Valley-style Series A rounds in Latin America are still rare, especially outside of Brazil and Mexico. Share this:Click ...
  • Apple Sans Ive Well, this has been interesting. After almost 30 years with Apple, Jony Ive is leaving, to found his own firm LoveFrom with his friend and frequent collaborator Marc Newson — also leaving Apple. The response to this news has been predictably histrionic from Apple watchers and press. The narratives, to summarize, are essentially that: Jony ...
  • Apple Reportedly Plans to Launch iPhone With Under-Display Fingerprint Sensor in China Apple intends to launch a new iPhone for the budget-conscious Chinese market that features an under-display fingerprint sensor instead of expensive Face ID technology, Chinese media sources have claimed. According to English-language Chinese media o… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • One more way a Trump threat could hurt Canadian businesses Postal strike: Threatening to leave global postal union, citing discrepancy in costs for developed vs. undeveloped countries Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • Global markets rally as hopes of US-China trade deal rise Wall Street hits record high after Donald Trump and Xi Jinping agree to resume talksStock markets around the world have rallied sharply as hopes of a peace deal in the US-China trade war rise.Shares on Wall Street hit intraday highs on Monday after Do… Share this:Click to email this to a friend (Opens in new ...
  • China silences podcast and music apps as online crackdown widens Audio apps are flying high in China. In 2018, online listeners in the country grew 22.1% to surpass 400 million, at a rate far exceeding that of the mobile video and e-reading populations, according to market researcher iiMedia. But the fledgling sector is taking a hit. On Friday, a total of 26 audio-focused apps were ...
  • Apple’s Mac Pro Was its Last Big ‘Made in America’ Product. Now it’s Moving to China Amid a U.S.-China trade war Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)
  • Huawei can buy from US suppliers again — but things will never be the same U.S. President Donald Trump has handed Huawei a lifeline after he said that U.S. companies are permitted to sell goods to the embattled Chinese tech firm following more than a month of uncertainty. It’s been a pretty dismal past month for Huawei since the American government added it and 70 of its affiliates to an ...
  • G20 summit: Trump says China talks ‘back on track’ and proposes Kim Jong-un meeting Media reports say that the US won’t impose further tariffs on China as Trump says he has ‘very, very good meeting’ with Xi 7.34am BST Trump to hold news conference from G20President Trump is about to hold a news conference at the G20 summit in the Japa… Share this:Click to email this to a friend (Opens ...
  • Apple is reportedly moving Mac Pro assembly to China Back in 2013, Apple announced that it would it would be assembling its high-end desktop in the U.S. After manufacturing had mostly moved out the country, the company made a point of touting its use of its Texas plant to help produce the Mac Pro. When the long-awaited followup was announced earlier this month at ...
  • Tesla vehicle fire in Shanghai caused by single battery module The Tesla Model S vehicle fire that occurred in Shanghai this past April, prompting international media attention, was caused by a single battery module and is not a system defect, the company said Friday. Tesla provided the update on the cause of the fire in a post Friday on its Weibo social media account. A ...
  • Apple moves Mac Pro production from Texas to China Apple makes new Mac Pro in China despite Trump’s tariff threat. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)
  • Apple’s New Mac Pro Won’t Be ‘Made in USA’ as Production Reportedly Moving to China While the current Mac Pro has been manufactured in Texas since it was released in 2013, The Wall Street Journal reports that the new Mac Pro unveiled earlier this month will be assembled by Quanta Computer in China. Quanta is said to be ramping up production of the new Mac Pro at a factory near Shanghai, ...
  • Xi fires shots at U.S. before Trump meeting, without mentioning him Xi spared no opportunity to paint the U.S. as the bad guy in China’s spiralling trade conflict, while avoiding the provocative step of naming Trump personally Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Nio recalls nearly 5,000 ES8 electric SUVs over fire risk Chinese automotive startup Nio is recalling nearly 5,000 of its ES8 high-performance electric SUVs after a series of battery fires in China and a subsequent investigation revealed a vulnerability that created a safety risk. The recall affects a quarter of the ES8 vehicles it has sold since they went on sale in June 2018. A ...
  • Happy talk of a Trump-Xi truce masks the long, twisting path to a trade deal Talks collapsed six weeks ago not over a few lines of fine print, but over fundamentally different worldviews that have only hardened since Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens ...
  • Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise IT For many years, the boom and bust of China’s tech landscape have centered around consumer-facing products. As this space gets filled by Baidu, Alibaba, Tencent, and more recently Didi Chuxing, Meituan Dianping, and ByteDance, entrepreneurs and investors are shifting attention to business applications. One startup making waves in China’s enterprise software market is four-year-old Laiye, ...
  • Trump fact check: is China really ‘going down the tubes’ ? The president reckons Beijing will jump at a trade deal because the Chinese economy is slowing down. Martin Farrer takes a closer lookDonald Trump has claimed ahead of his crunch meeting with Xi Jinping that China’s economy is “going down the tubes” an… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • India reportedly wants to build its own WhatsApp for government communications India may have plans to follow France’s footsteps in building a chat app and requiring government employees to use it for official communications. The New Delhi government is said to be pondering about the need to have homegrown email and chat apps, local news outlet Economic Times reported on Thursday. The rationale behind the move ...
  • Pinduoduo cements position as China’s second-largest ecommerce player Alibaba and JD.com have been in a war over the Chinese e-commerce space for a decade or so, but a third player called Pinduoduo has managed to shake up the duopoly in recent times. The startup, which was founded in 2015 by an ex-Googler and went public on the Nasdaq last July, has further flexed ...
  • Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced a $4.25 billion fund dedicated to China and Southeast Asia. The firm has been present in China for 25 years, and it has invested over $11 billion in a portfolio of over 120 startups that ...
  • Trump warns China is ‘ripe’ for new tariffs and suggests Vietnam could be next Trump also attacks Germany and Japan as he set off for the G20 summit in OsakaPresident Donald Trump flew to the G20 summit on Wednesday sounding warnings that China was “ripe” for new tariffs and suggesting that Vietnam, which he called “the single wo… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Someone is using fake Canadian certificates to smuggle meat into China, Jim Carr says China announced Tuesday it was halting beef and pork imports from Canada, citing falsified paperwork Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens ...
  • Trump says he has a plan B if there’s no progress on China trade this weekend — and it involves billions more in tariffs Trump is meeting with Chinese counterpart Xi Jinping at the G20 Summit in Japan on Saturday Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest ...
  • Europe should ban AI for mass surveillance and social credit scoring, says advisory group An independent expert group tasked with advising the European Commission to inform its regulatory response to artificial intelligence — to underpin EU lawmakers’ stated aim of ensuring AI developments are “human centric” — has published its policy and investment recommendations. This follows earlier ethics guidelines for “trustworthy AI”, put out by the High Level Expert ...
  • U.S. set to delay more China tariffs ahead of Trump-Xi meeting Treasury Secretary Steven Mnuchin expressed optimism that a deal could be reached by year end Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens ...
  • Splyt wants to connect the world’s ride-hailing apps for easy international roaming The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and Russia coupled with the failure of its rivals to develop a proposed roaming system, means that global travelers must install multiple apps if they are to take advantage of on-demand taxis. That’s unless a little-known startup ...
  • Huawei says two-thirds of 5G networks outside China now use its gear As 5G networks begin rolling out and commercializing around the world, telecoms vendors are rushing to get a headstart. Huawei equipment is now behind two-thirds of the commercially launched 5G networks outside China, said president of Huawei’s carrier business group Ryan Ding on Tuesday at an industry conference. Huawei, the world’s largest maker of telecoms ...
  • Trump and Xi trade talks loom large over G20 meeting in Japan The US and Chinese presidents are expected to discuss the year-long dispute, but experts say substantive agreement is unlikelyTrade talks between Donald Trump and Xi Jinping are expected to dominate the upcoming G20 summit in Osaka, where the two leade… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • What to expect from the Trump-Xi meeting at the G20 this week Mark Warner of MAAW Law speaks with the Financial Post’s Larysa Harapyn about the upcoming G20 summit in Japan. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to ...
  • FedEx sues the Department of Commerce after incident involving misrouted Huawei packages FedEx is suing the United States Department of Commerce, claiming that it has been “essentially deputize” to enforce its trade blacklist. The lawsuit comes a month after Huawei said it is reassessing its relationship with the delivery giant after several packages meant for shipment within Asia were instead diverted, or erroneously marked for delivery, to ...
  • JD.com’s logistics arm raises a $218 million investment fund The logistics division of JD.com, Alibaba’s closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to invest in logistics-related companies and technology. Limited partners in the new fund include JD Logistics and JD.com, as well as undisclosed listed companies and government-led funds, reported Reuters. JD Logistics, which became a standalone subsidiary ...
  • An Instant Pot will cost $38 more in the U.S. if Trump goes ahead with new China tariffs Parent company Corelle argues its cookers should be exempt from tariffs because they do not use intellectual property that could be stolen Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • DJI looks to assemble drones in California as government concerns mount With increased pressure on Chinese manufacturers like Huawei and ZTE, Shenzhen-based drone giant DJI has no doubt had cause for concern of late. In late-2017, the U.S. government’s Immigration and Customs Enforcement office raised concern that the company’s camera-equipped flying machines could be sending data back to China. A few weeks back, the Department of ...
  • Carrefour sale shifts the balance of power in China’s new retail battle Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is switching up its approach to China, and shifting the balance of power between the country’s tech giants. Carrefour, which is Europe’s largest retailer, sold a majority 80% stake in its China-based business to Chinese retailer ...
  • Facebook makes another push to shape and define its own oversight Facebook’s head of global spin and policy, former UK deputy prime minister Nick Clegg, will give a speech later today providing more detail of the company’s plan to set up an ‘independent’ external oversight board to which people can appeal content decisions so that Facebook itself is not the sole entity making such decisions. In ...
  • China will not allow G20 to discuss Hong Kong, says foreign minister Foreign powers have no right to interfere in ‘internal affair’, says Zhang Jun, as Beijing also calls for trade compromise China has said it will not allow the G20 nations to discuss the Hong Kong issue at its summit this week, assistant foreign minist… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Cartier, Bulgari and other luxury brands are flocking to WeChat Not long ago, people in China would need to visit a posh, stylish mall for luxury shopping. That’s rapidly changing as high-end brands race to embrace digital channels, which aren’t just the obvious options of ecommerce platforms or brand-owned sites. In China, Louis Vuitton, Cartier, Bulgari and other luxury brands are now connecting and selling ...
  • Xiaomi’s new Mi CC brand will develop ‘trendy’ smartphones for young people Huawei may be on the ropes as it battles sanctions from the U.S. government, but fellow Chinese smartphone rival Xiaomi is in expansion mode with the launch of a new brand that’s aimed at winning friends (and sales) among the young and fashionable. “Mi CC” is the newest brand from Xiaomi. Unveiled on Friday, the ...
  • Global markets braced for turmoil as US prepares Iran sanctions Donald Trump to meet China president at G20, raising hopes of trade war breakthrough Financial markets around the world are braced for a renewed period of turbulence this week as the US readies fresh sanctions against Iran and amid rising hopes for a b… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Week-in-Review: YouTube’s awful comments and Google’s $1B tech-free investment Hello, weekend readers. This is Week-in-Review where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on TechCrunch this week to surface my favorites for your reading pleasure. Last week, I talked about how the top gaming industry franchises were ...
  • Forget China – it’s America’s own economic system that’s broken | Robert Reich US weakness is inbuilt – the big 500 companies owe loyalty only to themselves and the public is shut out from prosperityXi Jinping might possibly agree next weekend on further steps to bring down China’s trade imbalance with the US, giving Donald Trump… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Terry Gou resigns as Foxconn’s chairman to run for president of Taiwan Terry Gou said at Foxconn’s annual general meeting today that he is leaving the electronics manufacturing giant as he prepares to run for president of Taiwan. Gou, who founded Foxconn (also known as Hon Hai Precision Industry Co.) 45 years ago and is also its biggest shareholder, will remain on the company’s board. Young Liu, ...
  • Apple Says Trump’s Tariffs Will Reduce Its Economic Contributions and Global Competitiveness Apple has urged the Trump administration not to proceed with tariffs of up to 25 percent on a fourth set of goods imported from China, which would impact nearly all of its products, including the iPhone, iPad, Mac, Apple Watch, Apple TV, AirPods, Beats, HomePod, batteries, repair parts, and more. In a letter sent to United ...