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Citi analysts said the EU's additional tariffs were "generally benign," while one analyst from Morningstar pointed out that the additional duties were "modest" in comparison to U.S. hikes on Chinese EVs last month. Stock Chart Icon Stock chart icon BYD vs GeelyOn Wednesday, the EU said it would impose extra tariffs on Chinese EV players with a large footprint in Europe. BYD will be subject to additional tariffs of 17.4%, Geely will get an extra 20% duty. Citi analystsThe EU said in a statement it has provisionally concluded that Chinese EV makers benefits from "unfair subsidization," which resulted in "threat of economic injury" to EU's EV industry. watch nowThe additional duties come after the EU launched a probe in October.
Persons: Geely, Li, Morningstar, Joe Biden, Vincent Sun, Europe Joseph Webster, Webster, BYD, Tesla, Paul Triolo Organizations: Automotive Exhibition, Getty, Nurphoto, European Union, Li Auto, SAIC, Citi, EU, EV, Morningstar, Wednesday, Ministry of Commerce, Atlantic Council's Global Energy Center, Volvo, Nomura, Albright, Group Locations: Beijing, China, Geely, EU, Europe, U.S, Hungary, Swedish, Belgium
According to the CCP's plan, by 2020, China was supposed to have "achieved iconic advances in AI models and methods, core devices, high-end equipment, and foundational software." Censorship requirements may slow China's AI development and limit the commercialization of domestic models, but they will not stop Beijing from benefiting from AI where it sees fit. We're not seeing a huge gap between the models Chinese companies have been able to roll out. The current price war is a race to the bottom, similar to what we've seen in the Chinese technology space before. A race to the bottom may simply beggar China's AI ecosystem.
Persons: Xi Jinping, China doesn't, there's, Beijing's, Reva Goujon, We're, It's, ChatGPT, Xie Huanchi, couldn't, you'll, , Kenneth DeWoskin, it's, Matt Sheehan, they're, chatbot, Sheehan, Ernie Bot, There's, Alibaba, ByteDance's, Paul Triolo, Albright, we've, haven't, DeWoskin, Sam Altman, Elon Musk Organizations: Chinese Communist Party, CCP, Intelligence, Cyberspace Administration, Getty, Freedom, University of Michigan, Deloitte, CAC, Carnegie Endowment, International Peace, Baidu, Bloomberg, Companies, Brookings Institution, Beijing, The Commerce Department Locations: China, Beijing, China's, Hong Kong, Xinhua, , Washington, Brussels, Berlin, Taiwan, US, Xinjiang
The Government Takes On Ticketmaster
  + stars: | 2024-05-30 | by ( Sabrina Tavernise | David Mccabe | Will Reid | ) www.nytimes.com   time to read: 1 min
Over recent years, few companies have provoked more anger among music fans than Ticketmaster. Last week, the Department of Justice announced it was taking the business to court. David McCabe, who covers technology policy for The Times, explains how the case could reshape America’s multibillion-dollar live music industry.
Persons: David McCabe Organizations: Ticketmaster, Department of Justice, The Times
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. export controls on Chinese firms could 'get even worse' if Trump is re-elected: AnalystPaul Triolo, senior vice president for China and technology policy lead at Albright Stonebridge Group, discusses the United States' decision to cancel some export licenses of suppliers to China's Huawei.
Persons: Trump, Paul Triolo Organizations: Albright, Group, Huawei Locations: China, United States
President Joe Biden asked ChatGPT to explain a legal case, write a Supreme Court briefing, and a song. "Wow, I can't believe it could do that," he said after his first ChatGPT run, according to Wired. The experience also pushed Biden to sign an executive order on AI safety. AdvertisementAfter over three decades in the Senate, eight years as vice president, and three presidential campaigns, you'd think nothing would surprise President Joe Biden. This story is available exclusively to Business Insider subscribers.
Persons: Joe Biden, ChatGPT, Biden, , you'd, Arati Prabhakar Organizations: Wired, Service, White, Office of Science, Technology, Business
The net neutrality regulations adopted Thursday by the Federal Communications Commission prohibit providers such as AT&T, Comcast and Verizon from selectively speeding up, slowing down or blocking users’ internet traffic. And for the first time, the FCC said it would step in to override state or local policies that conflict with the federal net neutrality rule. “The Title II authority will ensure that broadband providers are properly overseen by the FCC like all telecommunications services should be. “These 400-plus pages of relentless regulation are proof positive that old orthodoxies die hard,” said Jonathan Spalter, CEO of USTelecom, a trade association representing internet providers. As a result, the outcome of a legal challenge to the FCC’s net neutrality rules could have potentially broad ramifications for other US regulatory bodies, not just the FCC.
Persons: Trump, Jessica Rosenworcel, Rosenworcel, ” Rosenworcel, , Justin Brookman, Biden, Jonathan Spalter, Brendan Carr Organizations: Washington CNN, Federal Communications Commission, Comcast, Verizon, Democratic, FCC, , Consumer, Trump, Republican, Communications Locations: unwound, Washington, America
Not only would that deal another huge blow to China’s tech ambitions, it would further deepen the divide between two digital worlds centered around the rival economic superpowers. Congress on Tuesday approved legislation that could compel ByteDance to sell TikTok or face a national ban. That leaves few options for ByteDance to secure the future of TikTok in the US, its biggest market with 170 million users. “This includes everything from who owns and operates data centers, to space-based internet satellites, to undersea cables and, of course semiconductors.”In that sense, the TikTok ban has its silver lining for Beijing. Growing challenges for Chinese appsThe TikTok legislation was included in a wide-ranging foreign aid package meant to support Israel, Ukraine and Taiwan.
Persons: Hong Kong CNN —, ByteDance, Joe Biden, TikTok, , , Alex Capri, Richard Windsor, Capri, Biden, Paul Triolo, ” Triolo, Wang Wenbin, CNN’s Marc Stewart, Triolo doesn’t, — CNN’s Wayne Chang, Marc Stewart Organizations: Hong Kong CNN, Foundation, National University of Singapore’s Business, YouTube, Google, Radio Free Mobile, TikTok, Technology, Albright, Commerce Department, Commerce, China’s, Foreign Ministry, Facebook, Apple Locations: China, Hong Kong, America, Beijing, Capri, , Asia, Israel, Ukraine, Taiwan, Silicon Valley, American, Bytedance, “ Beijing
U.S.-China ties: More tariffs are likely, analyst says
  + stars: | 2024-04-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S.-China ties: More tariffs are likely, analyst saysPaul Triolo, senior vice president for China and technology policy lead at Albright Stonebridge Group, discusses U.S.-China relations ahead of U.S. Treasury Secretary Janet Yellen's visit to China.
Persons: Paul Triolo, Janet Yellen's Organizations: U.S, Albright, Group, Treasury Locations: China, U.S
In China, which is angling to produce its own chips or get more from Nvidia, no dominant gen AI contender to OpenAI has emerged yet among dozens of Chinese tech titans and startups. Last year, funding of gen AI upstarts accounted for nearly half of $42.5 billion invested globally in artificial intelligence companies, according to CB Insights. "China is at a big disadvantage in building the foundation models for Gen AI," said Rui Ma, an AI investor and co-founder of investment syndicate and podcast TechBuzz China. China does have the tech talent to make a difference in the AI rivalry in the years ahead. Additionally, among top-tier AI researchers working at U.S. institutions, 38% have China as their country of origin, compared with 37% from the U.S.New Chinese gen AI market entries can also reach mass adoption quickly.
Persons: Ernie Bot, OpenAI, Paul Triolo, Jenny Xiao, Rui Ma, Triolo, Sora, Ma, Marco Polo, Baidu's, Ernie, Leong Organizations: Global, Trade, Hangzhou International, Nvidia, tech titans, titans Microsoft, Google, Amazon, U.S, Dentons Global Advisors, Leonis Capital, OpenAI, Paulson Institute, U.S ., Samsung, Apple, Baidu Locations: Hangzhou, Zhejiang Province, China, Washington ,, Silicon, San Francisco, The U.S, U.S, OpenAI
The United States vs. the iPhone
  + stars: | 2024-03-26 | by ( Sabrina Tavernise | David Mccabe | Carlos Prieto | ) www.nytimes.com   time to read: 1 min
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicLast week, the Justice Department took aim at Apple, accusing the company of violating competition laws with practices intended to keep customers reliant on their iPhones. David McCabe, who covers technology policy for The Times, discusses the latest and most sweeping antimonopoly case against a titan of Silicon Valley.
Persons: David McCabe Organizations: Spotify, Justice Department, Apple, The Times Locations: Valley
Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.
Persons: , Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is unlikely to approve ByteDance's divestiture of TikTok, analyst saysThe Chinese government is likely to reject a "forced" divestiture of TikTok, said Paul Triolo, senior vice president for China and technology policy lead at Albright Stonebridge Group.
Persons: Paul Triolo Organizations: Albright, Group Locations: China
AI is not ready for primetime
  + stars: | 2024-03-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +7 min
Generative AI tools, including ChatGPT, have been alleged to violate copyright. That’s not stopping Big Tech companies and AI firms, which continue to hook consumers and businesses on new features and capabilities. “Access to major generative AI systems in widespread use is controlled by a few companies,” said Venkatasubramanian, noting that these systems easily make errors and can produce damaging content. He believes bolder reforms may be necessary too, such as taxing AI companies to fund social safety nets. For now, current day generative AI users must understand the limitations and challenges of using products that are still quite far from where they need to be.
Persons: , Taylor Swift, Joe Biden, Mandel Ngan, That’s, OpenAI, Elon Musk, Elon Musk Gonzalo Fuentes, ” Suresh Venkatasubramanian, Venkatasubramanian, ” Arvind Narayanan, CNN he’s, Narayanan, , ChatGPT, Bard –, haven’t, ” Gemini, Brian Fung Organizations: CNN, Chamber, Getty, Big Tech, Microsoft, Google, Reuters, Brown University, , White, Office of Science, Technology, Management, Executive, Princeton, “ Tech Locations: Washington ,, AFP, New Hampshire
Researchers said they've found multiple video doorbells with serious security concerns. At least one doorbell sold by a brand was marked as "Amazon's Choice" product. AdvertisementYou might want to double-check that your video doorbell isn't vulnerable to being hacked. Instead, it seems like they're coasting on their reputation and saddling unknowing consumers with broken products," Brookman told CR. BI also reached out to Eken for comment on these issues and details about the brand names through which it appears to sell these video doorbells, but got no response.
Persons: they've, , Tuck, Eken —, Justin Brookman, Brookman, didn't, Temu Organizations: Amazon, Walmart, Service, Sears, Consumer, CR
4346, the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington, DC, on August 9, 2022. The Biden administration announced over $150 million in geographically targeted federal investments Monday, part of the National Science Foundation's Regional Innovation Engines program. 10 regional innovation engines will receive funds, and are eligible to receive upwards of $2 billion as part of the program, authorized under the 2022 CHIPS and Science Act. Monday's awardees include a semiconductor innovation engine in Central Florida, an energy transition engine in Louisiana and an advanced agriculture technology engine in North Dakota. This includes more $150 million in federal investment, or $15 million per hub, and another $350 million in matched contributions from non-federal partners.
Persons: Joe Biden, Biden, Arati Prabhakar, Prabhakar Organizations: White, National Science, NSF, Office of Science, Technology, Commerce Department, The U.S Locations: Washington ,, Central Florida, Louisiana, North Dakota, America
President Biden criticized companies that have failed to bring prices down even as inflation eases. The White House has blamed inflation on issues like supply chain disruptions and Russia's invasion of Ukraine. The president also said companies that are taking advantage of inflation to boost profits are "price gouging." The Commerce Department has developed new tools to assess risks to the supply chain and has partnered with the Energy Department on the supply of renewable energy resources. The supply chain group is co-chaired by Lael Brainard, the White House National Economic Council director, and Jake Sullivan, the White House national security adviser.
Persons: Biden, , Joe Biden, we've, Democrat Biden, Lael Brainard, Jake Sullivan Organizations: Service, Monday, Democrat, Human Services Department, Cabinet, The Commerce Department, Energy Department, Shipping, Transportation Department, White, National Economic Council, White House, White House Council, Economic Advisers, National Intelligence, Management, Science, Technology Locations: Ukraine, United States, U.S
U.S. President Joe Biden listens during a meeting with his administration's Supply Chain Disruptions Task Force and private sector CEOs in the South Court Auditorium of the White House December 22, 2021 in Washington, DC. "We're determined to keep working to bring down prices for American consumers and ensure the resilience of our supply chains for the future," said Lael Brainard, director of the White House National Economic Council and a co-chair of the new supply chain council. The announcement comes after supply chain problems fueled higher inflation as the United States recovered from the coronavirus pandemic in 2021. The Commerce Department has developed new tools to assess risks to the supply chain and has partnered with the Energy Department on the supply of renewable energy resources. Besides Brainard, the council will be co-chaired by Jake Sullivan, the White House national security adviser.
Persons: Joe Biden, We're, Lael Brainard, Biden, Brainard, Jake Sullivan Organizations: Force, White, National Economic Council, Democrat, Human Services Department, Cabinet, The Commerce Department, Energy Department, Shipping, Transportation Department, White House, White House Council, Economic Advisers, National Intelligence, Management, Science, Technology Locations: Washington , DC, United States, U.S
WASHINGTON (AP) — President Joe Biden on Monday will convene the first meeting of his supply chain resilience council, using the event to announce 30 actions to improve access to medicine and needed economic data and other programs tied to the production and shipment of goods. “We’re determined to keep working to bring down prices for American consumers and ensure the resilience of our supply chains for the future,” said Lael Brainard, director of the White House National Economic Council and a co-chair of the new supply chain council. The announcement comes after supply chain problems fueled higher inflation as the United States recovered from the coronavirus pandemic in 2021. The Commerce Department has developed new tools to assess risks to the supply chain and has partnered with the Energy Department on the supply of renewable energy resources. Political Cartoons View All 1265 ImagesBesides Brainard, the council will be co-chaired by Jake Sullivan, the White House national security adviser.
Persons: Joe Biden, “ We’re, , Lael Brainard, Biden, Brainard, Jake Sullivan Organizations: WASHINGTON, White, National Economic Council, Democrat, Human Services Department, Cabinet, The Commerce Department, Energy Department, Shipping, Transportation Department, White House, White House Council, Economic Advisers, National Intelligence, Management, Science, Technology Locations: United States, U.S
What to know about North Korea's spy satellite launch
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +6 min
WHAT ARE THE CAPABILITIES OF NORTH KOREA'S ON-ORBIT SPY SATELLITE? To launch a more-capable satellite, North Korea will most likely need to develop a larger rocket, which it appears to be doing, he said. South Korea's spy agency has said North Korea may have overcome technical hurdles with the help of Russia, which in September publicly pledged to help Pyongyang build satellites. The United States and its allies called North Korea's latest satellite tests clear violations of United Nations Security Council resolutions, which prohibit development of technology applicable to North Korea's ballistic missile programs. "North Korea is no longer shy about testing ICBMs, so no - this really is an SLV," he said.
Persons: Jonathan McDowell, Hong Min, Kim Jong Un, Vann Van Diepen, Van Diepen, Jeffrey Lewis, Chang Young, Lee Choon, Pyongyang’s, Lewis, Hyun Young Yi, Hyonhee Shin, Josh Smith, Angus MacSwan Organizations: Reuters, KCNA, REUTERS Acquire, Rights, Harvard – Smithsonian Center for Astrophysics, U.S . Space Force, Korea Institute for National Unification, Stimson, North, Middlebury Institute of International Studies, Korea Aerospace University, South Korea's Science, Technology Policy, United Nations, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, North, Korea, Pyongyang, U.S, Washington, South Korea, RUSSIA, Russia, Moscow, United States
[1/6] A rocket carrying a spy satellite Malligyong-1 is launched, as North Korean government claims, in a location given as North Gyeongsang Province, North Korea in this handout picture obtained by Reuters on November 21, 2023. North Korea said it placed its first spy satellite in orbit on Tuesday and vowed to launch more in the near future. Officials in South Korea and Japan, which first reported the launch, could not immediately verify whether a satellite was in orbit. Russia and North Korea have denied conducting arms deals, but are publicly promising deeper cooperation. South Korea's military said it believed the latest rocket carried a reconnaissance satellite and was launched toward the south.
Persons: Kim Jong Un, Sabrina Singh, Han Duck, Yoon Suk Yeol, Moon Jae, Kim Jong, KCNA, Adrienne Watson, Vladimir Putin, Lee Choon, Hyunsu Yim, hyang Choi, Josh Smith, Ed Davies, Gerry Doyle Organizations: Reuters, KCNA, REUTERS Acquire, Rights, North, Pentagon, South Korean, Korean, National Security Council, South Korea's National Security Council, National Aerospace Technology Administration, . National Security, South Korea's Science, Technology Policy Institute, South, U.S ., Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, South Korea, Pyongyang, United States, North Korean, Japan, U.S, Britain, South, Korea, Russian, Moscow, Russia, Okinawa
Shares of Broadcom (AVGO) came under pressure Tuesday, as investors likely cashed in after the stock surged to an all-time high. Shares of Broadcom fell more than 1% Tuesday, to around $983.70 apiece. VMWare shares fell around 4.5% Tuesday, to $143.20 each, bringing the company's stock closer to the cash-consideration level spelled out in the merger agreement . As a result of the transaction, Jim argued investors may eventually assign a higher earnings multiple to Broadcom stock, which could help boost its price over time. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, , Jim, Hock Tan, Jim Cramer's, Justin Sullivan Organizations: Broadcom, Club, VMWare, CA Technologies, FactSet, CNBC Locations: Beijing, China, San Jose , California
WASHINGTON (AP) — The White House on Monday announced a strategy to potentially expand the availability of radio spectrum needed for cellphones, satellites, navigation, space travel and other emerging technologies. The increasingly digitized and mobile economy has put pressure on the available range of frequencies used for wireless communication. “We all understand the spectrum is crowded, demand is growing fast,” said Arati Prabhakar, director of the White House Office of Science and Technology Policy. The National Telecommunications Information Administration will perform a two-year study on how to possibly repurpose 2,786 megahertz of spectrum, which could be used for wireless broadband, drones, and satellites. There will also be coordination among government agencies, encouragement of innovation in the sector and workforce development as part of the strategy.
Persons: , Arati Prabhakar Organizations: WASHINGTON, White, Office of Science, Technology, Federal Communications Commission, National Telecommunications Information Administration
A billboard for the Netflix film "Thar" is seen on a street in Mumbai, India, May 19, 2022. "Every broadcaster or broadcasting network operator must establish a Content Evaluation Committee (CEC) with members from various social groups," stated the draft law document, which is open for public consultation for 30 days. The proposal however comes at a time of increasing scrutiny of streaming companies in India over content-related issues. Under the new proposed law, the federal government "can define the CEC's size, quorum, and operational details" and only those shows shall be broadcast that are "duly certified" by such a committee, the draft law stated. The law will also provide powers to the government to regulate any online creator or news media platform, Gupta added.
Persons: Francis Mascarenhas, Anurag Thakur, Apar Gupta, Gupta, Aditya Kalra, David Evans Organizations: Netflix, REUTERS, Disney, Media Partners, Reuters, Thomson Locations: Mumbai, India, DELHI, New Delhi
Such recruitment-based adoptions are the most difficult to carry out, social workers say. Gonzaga, who worked with his wife Heather Setrakian at eharmony and then on the Family-Match algorithm, referred questions to Ramirez. Social workers say Family-Match works like this: Adults seeking to adopt submit survey responses via the algorithm’s online platform, and foster parents or social workers input each child’s information. Adoption-Share is part of a small cadre of organizations that say their algorithms can help social workers place children with foster or adoptive families. “It’s wasted time for social workers and wasted emotional experiences for children.”___Contact AP’s global investigative team at Investigative@ap.org or https://www.ap.org/tips/
Persons: , Thea Ramirez, Ramirez, ” Ramirez, “ There’s, , Bonni Goodwin, , Gian Gonzaga, Gonzaga, Heather Setrakian, Setrakian, Kristen Berry, ” Berry, Melania Trump, Virginia’s, Terry McAuliffe, Traci Jones, ” Jones, Virginia, Kylie Winton, Scott Stevens, Stevens, ” Jenn Petion, Petion, ” Petion, Fort, Bree Bofill, ” Bofill, Bofill, Ramirez didn’t, Ramirez wouldn’t, Suresh Venkatasubramanian, Biden, Connie, didn’t, We’ve, “ It’s Organizations: Associated Press, AP, University of Oklahoma, American Enterprise Institute, Democrat, , Virginia Department of Social Services, Georgia Department of Human Services, FamiliesFirst, Family, Family Support, Fort Myers, Children’s Network of Southwest, Miami, Care, Winton, AS GUINEA, Tennessee Department of Children’s Services, Tennessee, Biden White, Science, Technology, Brown University, U.S . Health, Human Services Department, Florida Department of Health, Health Locations: Virginia, Georgia, Tennessee, Florida, Brunswick , Georgia, eharmony, Pensacola, Jacksonville, Children’s Network of Southwest Florida, Virginia , Georgia, New York City , Delaware, Missouri, Investigative@ap.org
Jeon Ha Gyu, a spokesperson for the South Korean Defense Ministry, told reporters Monday that the country’s first military spy satellite will be launched from California’s Vandenberg Air Force Base on Nov. 30. Under a contract with SpaceX, South Korea plans to launch four more spy satellites by 2025, according to South Korea’s Defense Acquisition Program Administration. South Korea currently has no military reconnaissance satellites of its own and relies on U.S. spy satellites to monitor moves by North Korea. South Korea’s spy agency told lawmakers last week that North Korea is likely receiving Russian technological assistance on a spy satellite launch program. The possession of spy satellites is part of ambitious arms build-up plans announced by leader Kim Jong Un in 2021.
Persons: Jeon Ha, Lee Choon Geun, Lee, it’s, Vandenberg, Kim Jong Un, Kim Organizations: South Korean Defense Ministry, California’s Vandenberg Air Force Base, SpaceX’s, SpaceX, South, Korea’s, Administration, North, South Korea’s Science, Technology Policy Institute, National Intelligence Service Locations: SEOUL, South Korea, North Korea, U.S, Korean, Korea, Russia, Ukraine
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