Enterprise

In recent months, the foreign smartphone market in China has encountered significant challenges, with November showcasing a remarkable decline in sales figures. This trend is particularly detrimental for Apple, the leading international smartphone manufacturer in the region. An analysis based on data provided by the China Academy of Information and Communications Technology (CAICT) indicates that
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CNBC has launched the application process for its prestigious 2025 Disruptor 50 list, marking the thirteenth year of this initiative. As a significant benchmark in the entrepreneurial landscape, the Disruptor 50 seeks to uncover the most inventive venture-backed companies that are utilizing transformative technologies to confront evolving economic challenges and shifting consumer expectations. The deadline
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The year 2024 has been nothing short of monumental for the cryptocurrency market, with Bitcoin establishing itself as the star performer among asset classes. Factors like the emergence of new Exchange Traded Funds (ETFs) and the anticipation of deregulation under a new presidential administration have generated excitement and propelled digital assets to unprecedented heights. However,
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In a bold move signifying its ambition in the cutthroat world of artificial intelligence (AI), Alibaba announced on a Tuesday that it is slashing prices on its large language models (LLMs) by as much as 85%. This significant reduction comes from Alibaba Cloud, the e-commerce titan’s cloud computing arm, which highlighted its latest offering, the
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On a significant note, OpenAI has announced plans to transition from its current nonprofit format to a public benefit corporation (PBC) by 2025. This pivotal shift is intended to facilitate the company’s commercial aspirations by loosening certain nonprofit restrictions, enabling it to operate more like a high-growth startup. The motivation for this change appears to
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In a significant step, the Biden administration announced on Monday the initiation of a comprehensive investigation into legacy Chinese semiconductors, which are integral components in various industries, including automotive, consumer electronics, and national defense. This action underscores ongoing concerns regarding China’s practices in its semiconductor sector, which the U.S. claims are not aligned with fair
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