Tuesday’s threat from the U.S. of a round of 10 percent tariffs on an additional $200 billion worth of Chinese imports could deliver a major blow to China’s export sector if it takes effect. The new list shows that Washington is targeting key Chinese manufacturing export industries, said Rajiv Biswas, Asia Pacific chief economist at […]
Read moreTrade developments are expected to return to focus during Asian trade on Wednesday, following the release of a list of an additional $200 billion in Chinese goods on which the U.S. is considering imposing tariffs. Nikkei futures traded in Chicago were down 0.48 percent compared to the index’s previous close. Australian SPI futures were higher […]
Read moreBuried in a criminal complaint against a former Apple engineer who’s being charged with stealing trade secrets is a remarkable revelation about the size of Apple’s autonomous driving systems project: 5,000 employees are working on it or know about it. Xiaolang Zhang, who Apple hired to work on software and hardware for self-driving cars in […]
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AT A glitzy party in Toulouse on July 10th Airbus, Europe’s aerospace giant, revealed its “newest” plane. But many aviation buffs might find it familiar. It was a repainted C-Series aircraft—originally developed by Bombardier of Canada—a project in which Airbus bought a 50.01% stake on July 1st. Airbus welcomed the aircraft into its family of […]
Read moreTesla is taking orders for its Model 3 electric sedans throughout the U.S. and Canada, no reservations required. Previously, would-be Model 3 owners had to put down $1,000 deposit to secure a place in line to buy the car. Now, anyone in North America can order one via Tesla’s website. Those who reserved a Model […]
Read moreApple has selected former Google executive John Giannandrea to lead a new artificial intelligence and machine learning team, the company confirmed on Tuesday. Giannandrea joined Apple in April 2018, fresh off an 8-year stint at Google, where he served as head of the Machine Intelligence, Research and Search teams, TechCrunch first reported. The hire was […]
Read moreIt’s been exactly a decade since Apple launched an online store where its customers could download iPhone apps, with the iOS App Store debuting on July 10, 2008. The store offered only about 800 apps for download initially, but Apple said in 2008 that the store still saw more than 10 million downloads the first […]
Read moreTintri, a company that makes storage hardware for companies’ data centers, has had a heck of a ride in the past year. It went public in June 2017. On Tuesday it said it has filed a voluntary petition for bankruptcy relief — and that, subsequently, the privately held storage company DataDirect Networks was looking to […]
Read moreGoogle recently rolled out a new YouTube feature that lets you watch videos privately on your phone. That means you can watch content without Google keeping track, sort of like the private mode in your web browser. It also means the app won’t store your viewing history. If you hand your phone to a son […]
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Amazon, Netflix and Microsoft together this year are responsible for 71 percent of S&P 500 returns and for 78 percent of Nasdaq 100 returns. The three stocks make up 35 percent, 21 percent and 15 percent of S&P 500 returns, respectively, while making up 41 percent, 21 percent and 15 percent of Nasdaq 100 returns. […]
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