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China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden

China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden

China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.


Bungie Wins Lawsuit vs. Cheatmaker Site AimJunkies

The jury of a US district court in Seattle found Phoenix Digital, the company behind the cheat maker website AimJunkies, guilty of violating the copyrights of gaming studio Bungie after it created cheats for Destiny 2.

AstraZeneca, Daiichi Sankyo's Experimental Drug Dato-DXd Shows Promise in Extending Life for Some Lung Cancer Patients

AstraZeneca and Daiichi Sankyo's experimental drug Dato-DXd demonstrated a potential to extend the lives of non-squamous non-small cell lung cancer patients in a late-stage study.

Amazon Fresh Announces Price Cuts—Reducing Grocery Prices by 30%

Amazon Fresh price cuts were announced. Will this help bring back the customers it lost because of inflation?


Latest News

JAPAN-MOON-SPACE
A Japanese spacecraft will deposit a disc containing messages in 275 languages on the moon to preserve humanity's linguistic diversity in case of catastrophic events on Earth.
Canon's Photos That Blind People Can See To Be Showcased in Africa—How Is This Possible?
Canon's photos that blind people can see will soon be showcased in Africa. Here's how the camera maker made it possible.
ISRAEL-ECONOMY-CURRENCY-CENTRAL BANK
The Bank of Israel has opted to maintain its benchmark interest rate amid concerns over war-related budget strains, inflationary pressures, and supply chain disruptions.
Post Office Horizon IT Inquiry Resumes Amid Public Outcry
Police are gearing up to investigate the Post Office scandal, where flawed software led to wrongful prosecutions, with victims facing a prolonged wait for justice.
Greentech Festival 2023
European Union governments have officially approved the Net Zero Industry Act (NZIA) to boost green technology production, aiming to reduce reliance on US and Chinese manufacturers.
China Celebrates National Day
Initially reluctant to engage in price wars in China's competitive coffee market, Starbucks now faces pressure to adapt as local budget-friendly rivals gain traction, prompting a surge in discount coupons.
FRANCE-ISRAEL-PALESTINIAN-POLITICS-CONFLICT-DEMO
64% of US employers, among 1,268 business leaders surveyed, express concerns about hiring recent graduates who participated in pro-Palestinian protests within the last six months.
Stellantis, Italy Near Agreement on New Hybrid EV Model for Mirafiori Amid Union Pressure
Stellantis is expected to announce the production of a hybrid version of its 500e electric vehicle at the Mirafiori plant in Turin, Italy, in response to union demands and to address declining EV sales and government criticism.
Elon Musk's xAI Valued at $24 Billion After Securing New Funding to Compete Against OpenAI
Elon Musk's AI startup xAI has successfully secured $6 billion in series B funding, propelling its post-money valuation to an impressive $24 billion.
Indonesia Probes Shopee, Lazada Over Suspected Anti-Competition Violations
Indonesia's anti-trust agency is investigating the local operations of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition regulations.