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☆ Flags banned, signs ripped up: Why you can’t mention Taiwan at the Olympics
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +7 min

At Paris 2024, Taiwan’s red and blue flag is banned, as is the name “Taiwan” and its anthem. Security staff confiscated a "Taiwan" towel from a fan during the men's doubles badminton semi-final last week. Taiwan is a self-governing democracy that competes as “Chinese Taipei,” an attempt to participate in the Olympics without angering mainland China. That included the women’s team table tennis quarterfinal between Chinese Taipei and China that NBC News attended Wednesday. “Taiwan Independence, go to die.”“Motherland will retake Taiwan tomorrow, okay?” said another, referring to China.

Persons: Taiwan’s Lee Yang, Wang Chi, Liang Weikeng, Wang Chang, “ Let’s, Arun Sankar, Taiwan ”, Taiwan’s Chou Tien Chen, India’s Lakshya Sen, ”, Ann Wang, “, Xi Jinping, Aytac Unal, Mark Adams, Mao Zedong’s, China’s Wang Manyu, Chien Tung, chuan, Wang Zhao, Chiang, Yu Tsing Lin, Chen Szu, Lee Yang Organizations: PARIS, Security, Getty, Taiwanese Ministry of Foreign Affairs, Olympics, Chinese Foreign Ministry, Games, Olympic, Chinese Communist Party, International Olympic Committee, NBC News, IOC, Anadolu, Nationalist, Mao Zedong’s Communists, Taiwan, Paris Games, Taipei women’s, Weibo, Taipei House Locations: Taiwan, Beijing, Russia, Belarus, Ukraine, Tokyo, Paris, China, Taipei, U.S, Republic of China, Formosa, AFP, London, Taiwan Independence

☆ The Olympics’ Toughest Act: Balancing Sports and Politics
▼ + stars: | 2024-08-10 | by ( Hannah Beech | Valerie Hopkins | ) www.nytimes.com time to read: +1 min

And they were, in this moment of defeat by a team from a political rival, not even allowed the comfort of their homeland’s name and flag. To be an Olympian from Taiwan is to not exist, at least not officially. To placate China, the island competes at the Games under the awkward designation of Chinese Taipei. “I’m only fighting for myself, through my own hard work,” said Taiwan’s Chen Szu-yu, substituting self for state on the Olympic stage. Her teammate Chien Tung-chuan sidestepped the political discussion entirely, refraining from comment on Taiwan’s status at the Olympics.

Persons: “, ”, Taiwan’s Chen Szu, Chien Tung, chuan Organizations: Games, Team China, Olympics Locations: Paris, Taiwan, China, Taipei

PARIS — Algerian Imane Khelif won welterweight gold Friday, dispatching China’s Yang Liu and overcoming a firestorm of questions from opponents wrongly questioning her gender. "Your victory today belongs to Algeria, and your gold is Algeria’s gold. Khelif held up her gold medal for the cameras and said this was a culmination of eight years of work. Khelif and Lin are veteran fighters and well-known in the women’s boxing community. She was the first Algerian boxer to participate in the Olympics and win the most beautiful medal,” the Algerian Olympic Committee wrote on Facebook.

Persons: Imane Khelif, China’s Yang Liu, Khelif, Roland, Abdelmadjid Tebboune, Lin Yu, Ting, Angela Carini, Yang, didn’t, Lin, “, Umar Kremlev, Khelif’s, sparred, Dmitry Polyanskiy, Toufik Koudri, ”, David K, Li, Sam Brock, Rima Abdelkader Organizations: Roland, Garros, Team Algeria, Algerian, Boxing, IBA, IOC, USA, Gazprom, United Nations, Olympics, Algerian Olympic, Facebook Locations: PARIS, Algerian, Algeria, USA, Europe, Chinese Taipei, France, Russian, New Delhi, Bulgarian, Paris, Russia, ”, Connecticut

PARIS — The second boxer at the center of a global debate over gender eligibility and fairness at the Paris Olympics won her semifinal match Wednesday, ascending to the featherweight gold medal bout. Lin and another female Olympic boxer, Imane Khelif of Algeria, continue to face intense scrutiny and false accusations about their gender and eligibility to compete with women. The Bulgarian Olympic Committee later confirmed that Staneva was boasting about having XX chromosomes in an attempt to mock Lin. "The opponent is a respectable one.”Algeria's Imane Khelif reacts after defeating Thailand's Janjaem Suwannapheng in a women's 66-kilogram semifinal boxing match at the Olympics on Tuesday. Some who initially criticized Khelif and Lin apologized as more information about them and the IBA’s legitimacy came to light.

Persons: Lin Yu, Esra Yildiz, Lin, Imane, Kahraman, Svetlana Staneva, Staneva, Turkey's, Peter Byrne, ” Lin, couldn't, Khelif, Thailand's Janjaem, Ariana Cubillos, Thailand’s Janjaem, Umar Kremlev —, Vladimir Putin —, Thomas Bach, ” Bach, Aijaz, ”, Mark Adams, “, Lin’s, Khelif’s, Kremlev, Imane Khelif, Vadim Ghirda, Elon Musk, Harry Potter ”, J.K, Rowling, Donald Trump, ” Trump, Logan Paul, ” Riley Gaines, Nikki Hiltz, “, ” Hiltz, it’s, ” Khelif, Yang Liu of, Julia Szeremeta, Garros, David K, Li, Matt Lavietes, Jiachuan Wu Organizations: PARIS, Paris Olympics, Bulgarian Olympic, Representatives, Turkish Olympic, Press, AP, Tokyo, Boxing Association, Olympic Committee, IOC, IBA, SNTV, USA, Olympics, X, Boston Globe, Roland Locations: Taipei, Turkey, Algeria, Paris, Russian, New Delhi, Russia, Hangzhou, China, Istanbul, “, Yang Liu of China, Taiwan, New York

☆ Taiwan under pressure to bolster its defense as Trump-Harris presidential race stokes policy concerns
▼ + stars: | 2024-08-05 | by ( Dylan Butts | ) www.cnbc.com time to read: +6 min

Taiwan President Lai Ching-te claps while he visits a military camp in Taoyuan, Taiwan May 23, 2024. While Biden has, on several occasions, stated the U.S. would come to Taiwan's defense, Trump has opted for "strategic ambiguity," Naggy added. According to analysts, she is expected to remain somewhat consistent with Biden's agenda and foreign policy. As vice president, Harris has expressed support for Taiwan and met with the island's new leader, Lai Ching-te, in 2022. However, she would come into office with significantly less foreign policy experience than President Biden.

Persons: Lai Ching, Ann Wang, Lin Chia, Donald Trump, Trump, Trump's, Joe Biden, Kamala Harris, Biden, Stephen Naggy, Naggy, Xi Jinping, Lu, Chung Weng, Muhammad Faizal, Richard Heydarian, Harris, Tina Fordham, CNBC's, Dewardric McNeal, McNeal, Lai, Ava Shen, Tsai Ing Organizations: Reuters, International Christian University, Sam Houston State University, Rajaratnam, of International Studies, Trump, CNBC, University of the, Fordham Global Foresight, Longview Global, Biden, Eurasia Group, Democratic Progressive Party Locations: Taiwan, Taoyuan, Reuters Taiwan, China, Taipei, Tokyo, Japan, U.S, Singapore, University of the Philippines, Beijing, Washington

The Serbian tennis legend had won all four Grand Slam titles and practically every honor there is in the sport, but the Olympic gold medal had escaped him. Paul Ellis / AFP via Getty ImagesSimone Biles' Olympic medal collection has officially reached double digits. , the American cyclist who didn’t even qualify for the Olympics but is now going home with a gold medal. Racing in a downpour, Julien Alfred won the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final. the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final.

Persons: Noah Lyles, Jamaica’s Kishane Thompson, ’ Fred Kerley, Hector Vivas, Lyles, Novak Djokovic, Matthew Stockman, Novak Djokovic couldn’t, Djokovic, Carlos Alcaraz, Simone Biles, Paul Ellis, ”, Biles, hasn’t, “, ” Biles, Suni Lee, Kaylia Nemour, Qiu Qiyuan, David Li, Imane, Hungarian Anna Luca Hámori, ” Khelif, Lin Yu, Thomas Bach, Kristen Faulkner, Bobby Finke, Katie Ledecky can’t, Julien Alfred, Saint Lucia, Sha'Carri Richardson, Kamala Harris, Whom Harris, we’ll, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, MAGA, Harris, Nikki Haley, Donald Trump, Trump, Vance, SCOTUS, Neil Gorsuch, Joe Biden's, Debby, Storm Debby, Darren Staples, Keir Starmer, Israel, Ismail Haniyeh, Fuad Shukr, “ They’ll, Michael G Organizations: Paris Olympics, U.S, Olympic, Getty, NBC News Algerian, Team USA, Saint, Paris, Taxi, Philadelphia . Kentucky Gov, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Republican, GOP, ABC, Fox News, Tropical, National Hurricane Center, NOAA, U.S . Justice Department, Protesters, NBC News, NBC News Companies Locations: Serbian, Paris, Tokyo, Los Angeles, China, Hungarian, Taipei, U.S, Philadelphia . Kentucky, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Florida, of Mexico, Rocky, Southern California, Mississippi’s, Nottingham, England, AFP, Southport —, Liverpool, Hull, Israel, Iran, Breakwater, Rockland , Maine, South Florida, Nashville , Tennessee, Atlanta

VILLEPINTE, France — Lin Yu-ting won her quarterfinal bout at the Paris Olympics against Bulgarian Svetlana Staneva in a unanimous decision on Sunday that assured a medal for the featherweight representing Chinese Taipei. Lin said she focused on preparing for the fight, apparently shrugging off baseless questions about her gender and eligibility to compete as a woman. Taiwan's Lin Yu-ting reacts after winning the women's 57kg quarter-final boxing match during the Paris 2024 Olympic Games on August 4, 2024. But then all five judges scored it 10-9 for Lin in the next two rounds, securing a semifinal appearance. She'll fight Turkey's Esra Yıldız Kahraman on Wednesday night with that winner advancing to the gold medal round on Saturday night.

Persons: France — Lin Yu, Bulgarian Svetlana Staneva, Lin, Taiwan's Lin Yu, Mohd Rasfan, She'll, Kahraman Organizations: Paris Olympics, Bulgarian, Getty, Boxing Association, IOC, USA Boxing, Staneva Locations: VILLEPINTE, France, Taipei, Taiwan, AFP, Russian

☆ Taiwan is making a TV show about a Chinese invasion. And it’s hitting close to home
▼ + stars: | 2024-08-04 | by ( Nectar Gan | Eric Cheung | ) edition.cnn.com time to read: +12 min

The 17-minute trailer hit close to home in Taiwan, making headlines in local media and garnering more than a million views on YouTube. But Hsin-mei Cheng, the showrunner of “Zero Day,” worried that her fellow Taiwan citizens have grown “too numb” to the danger of an impending conflict. Hsin-mei Cheng, the showrunner of "Zero Day," says she hopes the show can serve as a wakeup call to the people of Taiwan. Cheng also assembled a team of 10 directors, each responsible for an episode in “Zero Day” that tells an independent story. In “Zero Day,” Chinese infiltration and cognitive warfare takes on many forms – from the lure of money and power to the threat of violence.

Persons: ”, China’s, Xi Jinping, Cheng, “, Mei Cheng, Nancy Pelosi’s, Robert Tsao, Lo Ging, Howard Yu, ” Cheng, Lo, Chapman, Hong Kong’s, –, livestreaming, influencers, Beijing’s, Howard Yu Su Tzu, yun, Lee Yen, China – Organizations: Taipei CNN, China’s People’s Liberation Army, PLA, Communist Party, YouTube, CNN, Presidential, Taiwan’s Ministry of Culture, Netflix, Chinese Communist Party, Taiwan’s Institute for National Defense and Security Research, Kuomintang Locations: Hong Kong, Taipei, Taiwan, dramatize, China, Ukraine, Beijing, Kinmen

More than in any other foreign arena, Vance has sought to echo Trump on the Ukraine war. In doing so, he emphasized the thick vein of “scarcity politics” that runs through his foreign policy, arguing that the U.S. can’t equip Ukraine with enough materiel to hold back an opponent as vast as Russia. Vance described Ukraine ceding territory to Vladimir Putin as being in “America’s best interest” while appearing more supportive than Trump of remaining in NATO. The foreign policy views of Pence, vice president when Trump was in office, while not loved by everyone, were at least “mature” — they were informed by several terms experiencing the consequences of foreign policy becoming reality, according to Daniel Kurtzer, a former U.S. ambassador to Israel and now a professor at Princeton. Vance, on the other hand, brings “no foreign policy experience, certainly no expertise,” Kurtzer says, and he will fall in behind his boss when needed.

Persons: JD Vance, Donald Trump, ”, “, Vance, Clayton Allen, —, Anna Moneymaker, Trump, Bronwen Maddox, “ He’s, ” Allen, Biden, Vladimir Putin, Chatham House’s Maddox, Joe Biden, ” Vance, Patrick Baz, doesn’t, William Ruger, Israel, — Trump, Jair Bolsonaro, Viktor Orban, ” Trump, Stephen Maturen, Vance “, Dick, Cheney ”, George W, Allen, Hitler, Mike Pence, Pence, Daniel Kurtzer, ” Kurtzer, Benjamin Netanyahu, Charles Hollis, Hollis, Trump’s, ’ ”, Maddox, Grover Cleveland Organizations: Marines, Yale Law School, Gaza, Ohio, GOP, Eurasia Group, Republican Party, NATO, Republican National Convention, Democrat, Republicans, NAFTA, China, Getty, American Institute for Economic Research, Kremlin, Bloomberg, Trump, Princeton, United, Aperio Intelligence Locations: Iraq, U.S, Ukraine, Sierra Vista, London, Kyiv, Russia, lockstep, Europe, Mexico, Baghdad’s, Owerij, Ohio, Pennsylvania, Michigan, Great Barrington , Massachusetts, Ukrainian, Taiwan, “, St Cloud, Minn, Israel, China, Gaza, Saudi Arabia, Iran, United States, Montezuma, Canada

☆ Spectator dragged from arena for holding up Taiwan banner during Olympic badminton match
▼ + stars: | 2024-08-03 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +1 min

Taiwan competes at the Olympics as “Chinese Taipei” as the result of a political compromise – but not under its own name, flag or anthem. Reuters reported that its journalists saw the spectator shouting while being removed mid-match. The banner he was carrying was green, a color used by the island’s ruling Democratic Progressive Party, as well as those who advocate for Taiwanese independence and greater autonomy. Taiwan’s Ministry of Foreign Affairs said it “strongly condemns the crude and despicable means of malicious individuals ruthlessly snatching the ‘Go Taiwan’ slogan.”“This violent act is not only uneducated, but also seriously violates the civilized spirit represented by the Olympic Games. It also violates the rule of law and infringes on freedom of speech,” the ministry said in a statement.

Persons: Republic of China ”, “ Organizations: Paris CNN — Security, Paris Olympics, Taiwan, Reuters, Democratic Progressive Party, Taiwan’s Ministry of Foreign Affairs, Olympic Locations: Taiwan, Taipei, Republic of China, Beijing, China, France

☆ Intel's 22% share plunge drags down global chip stocks from TSMC to Samsung
▼ + stars: | 2024-08-02 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Intel shares fell 21.51% at 04:37 a.m. In Asia, Taiwan Semiconductor Manufacturing Co. — known as TSMC — closed 4.6% lower in Taiwan, and Samsung was also more than 4% lower at the end of the session in South Korea. TSMC is the world's biggest manufacturer of chips, while Samsung is the largest memory semiconductor firm globally. Samsung rival SK Hynix, which supplies U.S. giant Nvidia, also fell sharply to close more than 10% lower.

Persons: Pat Gelsinger, Gelsinger, Annabelle Chih Organizations: Intel Corp, Nvidia Corp, Bloomberg, Getty, Intel, Taiwan Semiconductor Manufacturing, Samsung, SK Hynix, Nvidia Locations: Taipei, Taiwan, U.S, Asia, South Korea, TSMC

☆ Intel to cut 15% of headcount, reports quarterly guidance miss
▼ + stars: | 2024-08-01 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

The company had a $1.61 billion net loss, or 38 cents per share, compared with net income of $1.48 billion, or 35 cents per share, in the year-ago quarter. For the fiscal third quarter, Intel called for an adjusted net loss of 3 cents per share on $12.5 billion to $13.5 billion in revenue. The LSEG consensus was adjusted net earnings of 31 cents per share and $14.35 billion in revenue. During the fiscal second quarter, Intel announced that Apollo would invest $11 billion in a joint venture around a chip manufacturing plant in Ireland. On an adjusted basis, Intel said it expects around $20 billion in cuts this year, $17.5 billion in 2025 and more in 2026.

Persons: Pat Gelsinger, Bill Baruch Organizations: Intel, Computing, StreetAccount, Intel's Data, Apollo, Gaudi, U.S . Commerce Department, Huawei Locations: Taipei, Ireland, China

☆ Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped
▼ + stars: | 2024-07-31 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Net income came to $223 million, or 21 cents per share, up from $105 million, or 10 cents per share, in the year-ago quarter. Analysts surveyed by LSEG had been looking for $1.58 in adjusted earnings per share and revenue of $4.02 billion. For the fiscal second quarter, Arm sees adjusted earnings of 23 to 27 cents per share on $780 million to $830 million in revenue. The company said that as of this quarter, it is no longer reporting the number of Arms-based chips that were reported as shipped. In the fiscal fourth quarter, Arm had 7 billion chips reported as shipped, which were down 10% year over year.

Persons: Rene Haas, LSEG, Jason Child, Haas, Child Organizations: Arm Holdings, StreetAccount, Microsoft Locations: Taipei, Taiwan

☆ AMD jumps on earnings report that validates our decision to reinvest in the stock
▼ + stars: | 2024-07-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

AMD sold off on its first-quarter earnings report due in large part to its MI300 sales guidance falling short of sky-high expectations. Nvidia remains the dominant player in AI chips, but AMD is continuing to carve out a lane in the rapidly expanding market. Among the highlights, Su said Microsoft has expanded its use of the AI chips for certain software applications, including messaging app Teams. AMD's data center business is now nearly 50% of companywide revenues, up from 37% in the fourth quarter of 2023. Within data center, sales of both AI chips and traditional server chips will grow in the third quarter, Su said.

Persons: Lisa Su, Su, Jim Cramer, it's, —, FactSet, Jim Cramer's, Jim, Cheng Organizations: Revenue, AMD, Intel, Nvidia, Broadcom, Club, Microsoft, CNBC, Micro Devices, Afp, Getty Locations: Taipei

☆ ‘I don’t have a budget’: Why people are going into debt to travel
▼ + stars: | 2024-07-29 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

The majority of those going into debt do so by charging travel expenses on a credit card, with 20% of respondents saying they would rather skip a credit card payment and put the money toward a vacation. The mindset is “‘I can’t buy a house, I’m not sure I can afford college or grad school, so I might as well go to Spain and backpack. ”They think (credit card debt) is not as risky as it is. They don’t care so much about not getting into debt.”King adds that social media has changed the way many people think about travel. “Eventually, if I’m going to get a house, I’ll get a house.

Persons: CNN — “, ”, Lisa Fraser, “, Elizabeth Currid, Halkett, Tim Gurner, something’s, I’m, ’ ” Alex King, they’re, Fraser, FOMO, King, It’s, I’ll Organizations: CNN, University of Southern, United Locations: Taipei, Budapest, New York, University of Southern California, Spain, Hong Kong

☆ Typhoon Gaemi (Carina): Thousands stranded by floods in Philippine capital as deadly typhoon prompts calls for climate action
▼ + stars: | 2024-07-25 | by ( Helen Regan | Kathleen Magramo | ) edition.cnn.com time to read: +9 min

CNN —Much of the Philippine capital remained underwater Thursday after deadly Typhoon Gaemi worsened torrential monsoon rains that lashed the country, trapping thousands of people in rising flood waters and causing widespread damage. Lisa Marie David/ReutersA road is seen flooded caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Quezon city, Metro Manila, Philippines. Ezra Acayan/Getty ImagesRescuers evacuate residents from their flooded homes on July 24, 2024 in Quezon city, Metro Manila, Philippines. An aerial view shows Xindian river's rising water level at New Taipei City as typhoon Gaemi passes Taiwan on July 25, 2024. Residents wade a flooded road caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Marikina, Metro Manila, Philippines.

Persons: Carina –, Gaemi, Typhoon Gaemi, Lisa Marie David, Ezra Acayan, “, Hsiao Huan, Sam Yeh, Armando Balilo, Vico Sotto, Ferdinand Marcos Jr, Rai, Odette –, Haiyan, Marcos, ” Marcos, Khevin Yu Organizations: CNN, Metro Manila, Philippine News Agency, Rescuers, Reuters, Central Emergency Operations Center, National Fire Agency, New, Getty, Philippine Coast Guard, PCG, CNN “, Philippine, Super, Greenpeace Locations: Philippine, Philippines, Taiwan, Manila, Luzon, Metro, Marikina City, Metro Manila, Quezon city, Taiwan’s, Tanzanian, Kaohsiung, China, Fujian, New Taipei City, AFP, Bataan, Quezon City, Pasig City, Marikina, –, Pasig, Asia’s, Greenpeace Philippines

☆ The biggest winner from Tesla and Alphabet earnings? Jim Cramer says it's Nvidia
▼ + stars: | 2024-07-24 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

What we learned from Tesla and Alphabet earnings gave us reasons to remain upbeat about Nvidia shares despite another brutal tech sell-off . Nvidia was the "big winner" Tuesday evening, Jim Cramer said Wednesday on CNBC. The Club stock was down only 3% at the time of Jim's comments. Following an earnings miss that pressured Tesla stock, CEO Elon Musk sang Nvidia's praises. 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, Tesla, Elon Musk, Musk, we've, ChatGPT, Musk's, Sundar Pichai, Pichai, Nvidia's, Blackwell, Jim, Jim Cramer's, Jensen Huang, Cheng Organizations: Nvidia, CNBC, The Club, Nasdaq, Microsoft, Devices, Google, Management, Club, AFP, Getty Locations: Taipei

Typhoon Gaemi is expected to strengthen into a super typhoon before making landfall on Taiwan’s northeastern coast Wednesday evening. Heavy rain hit Taiwan ahead of the storm’s landfall on Wednesday, with the island’s mountainous areas already reporting rainfall approaching 200 millimeters (8 inches). Typhoon Gaemi is strengthening in Pacific waters that have been at their warmest temperatures on record. Images show roads and streets in Manila flooded by rains brought by Typhoon Gaemi, as people wade through knee-deep water. Torrential rainfall hit southern, central and eastern parts of the country and led to major emergency response efforts in a flood season that has started some two months ahead of its typical schedule.

Persons: Gaemi, Han, Sun Li, fiang, Typhoon Gaemi, Ferdinand Marcos Jr, – Organizations: Taiwan CNN, Typhoon Warning, Central Meteorological Agency, CMA, Taiwan Railways, China Airlines, Starlux Airlines, Philippine Stock Exchange, Taiwan Locations: Taipei, Taiwan, Fujian, Hualien county, chipmaking, Hsinchu, Kaohsiung, China, Hualien ., Philippines, Manila, Luzon, Philippine, Zhejiang, Jiangxi, Henan, Shanxi, Hebei

☆ Taiwan stole America’s chip industry according to Trump. But that’s not true
▼ + stars: | 2024-07-23 | by ( Wayne Chang | ) edition.cnn.com time to read: +7 min

Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of foresight, hard work and investment. The only possible strength that Taiwan had, and even that was a potential one, not an obvious one, was semiconductor manufacturing,” he said. Billionaire Morris Chang, chairman and founder of Taiwan Semiconductor Manufacturing Company, in Hsinchu, Taiwan, on October 6, 2017. It now produces more than 90% of the world’s advanced chips, according to the Semiconductor Industry Association. “Taiwan has very good tech talent and an environment for research, development and investment.

Persons: Donald Trump, Morris Chang, Chang, “, ”, Billionaire Morris Chang, Wang, Christopher Miller, Miller, TSMC, ” Konrad Young, ” Young, Cho Jung, ” Cho, Trump, Trump’s, Joe Biden, Young Organizations: Taiwan CNN — Former, Bloomberg Businessweek, Republican, Industry, CNN, Taiwan Semiconductor Manufacturing, Intel, Motorola, Texas, Computer, Taiwan Semiconductor Manufacturing Company, Bloomberg, Getty, Semiconductor Industry Association, Technology, Samsung Electronics, US, Trump Locations: Taipei, Taiwan, United States, Mountain View , California, Hsinchu, Washington, “ Taiwan, China, ”, South Korea, Arizona

☆ Could a Trump-Vance win reshape America’s relationship with China – and Taiwan?
▼ + stars: | 2024-07-18 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Vance was swift to name China the “biggest threat to our country,” in an interview with Fox News Monday as the RNC got underway. He’s made countering what Washington says is a security threat from China a cornerstone of his foreign policy, even as he’s worked to stabilize communications with Beijing. And Beijing – which is grappling with its own economic woes – may be preparing for more friction if Trump takes office. The substance of Biden’s China policy – in terms of sanctions, tariffs and competition – has not been that different from Trump’s, she noted, and Biden has been keener on strengthening alliances and coalitions to counter China together. “But the style of Biden’s China policy is more predictable and stabilizing.

Persons: Donald Trump, JD Vance, Vance, Joe Biden, “, ”, ” Vance, Trump, China –, That’s, ’ Vance, Sergey Lavrov, Vance doesn’t, Marco Rubio, Xi Jinping, He’s, he’s, ” Brian Wong, Qilai Shen, Biden, They’ve, Cho Jung, ” Cho, Yun Sun, –, keener Organizations: Hong Kong CNN, Republican, Republican National Convention, Chinese Communist Party, Foreign, Trump, NATO, Ukraine, Fox News, RNC, University of Hong Kong’s, Contemporary, of, People, Bloomberg, Getty, Communist Party, Bloomberg Businessweek, US, China’s Foreign Ministry, Stimson Center, World Trade Locations: Hong Kong, Ohio, Washington, China, Asia, Beijing, Europe, Ukraine, Russia, Russian, America, Florida, Contemporary China, Taiwan, Taipei, Taiwan Strait, Japan, South Korea, US

☆ Asia’s 50 best bars for 2024 revealed
▼ + stars: | 2024-07-16 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Bar Leone – an Italian cocktail spot in central Hong Kong – has been crowned the best bar in Asia. Bar LeoneBefore Bar Leone’s triumph, the top spot was held by another Hong Kong bar, mezcal-forward Coa, which spent a record three years atop the list. The list, which was first put together in 2017, added a new category this year recognizing best bar design. “Sustainability is also how we promote and preserve Korean bar culture.”Emma Sleight, head of content for 50 Best Bars and 50 Best Hotels, told CNN that Asia’s bar scene “is one of the best in the world, it’s incredibly young and dynamic and ever-changing. “Free drinks at Bar Leone for everyone tonight!” he shouted triumphantly, before leaning over to his colleagues and whispering, “The bar is closed tonight, right?”Asia’s 50 Best Bars for 20241.

Persons: Hong Kong CNN — Bar Leone –, Hong Kong –, “, ”, Lorenzo Antinori, Antinori, ” Lorenzo Antinori, Bar, Jay Khan, Hong Kong’s, –, Khan, ” Khan, Craftroom, Changsha’s, Demie Kim, Kim, Emma, Aubrey, Regis Organizations: Hong Kong CNN — Bar, CNN, Rosewood, Bar, Bar Leone, “, BKK Social, Hope, Sesame, Sago, Regis Bar, SG, Analogue Initiative, Employees, House, Chamber, Co Locations: Hong Kong, Hong Kong CNN — Bar Leone, Italian, Asia, Rome, Hong, Kowloon, Bar Leone, Singapore, Busan, Seoul, Tokyo, Bangkok, Penrose, Kuala Lumpur, Jakarta, Vesper, Guangzhou, Bar Cham, St, Macao, Offtrack, Pantja, Osaka, Sri Lanka, Vender, Taichung, Taiwan, Manila, Taipei, Barc, Kathmandu, ZLB23, Bengaluru, India, Fura, CMYK, Changsha, China, Hanoi

☆ Jefferies names 'yet-to-be discovered AI play' in Taiwan, giving it 42% upside potential
▼ + stars: | 2024-07-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Jefferies has identified a lesser-known and potentially undervalued Taiwanese company poised to benefit from the growing artificial intelligence sector. The investment bank said Insyde Software, listed on the Taipei Exchange, is well positioned to capitalize on the increasing demand for AI-enabled personal computers and servers. Jefferies initiated coverage of Insyde with a research note titled "Firmware Leader and Yet-to-be Discovered AI Play" on July 9 with a "Buy" rating and a price target that suggests a potential 42% upside from current levels. However, the stock has already risen by more than 30% since the ratings action, according to FactSet data, which shows the stock currently offers 17% upside potential. Founded in 1998, Insyde has established itself in the firmware industry, commanding over 50% market share in the personal computer segment, Jefferies suggests.

Persons: Jefferies, Insyde, Matt Ma, — CNBC's Michael Bloom Organizations: Interactive, Microsoft, Nvidia, Qualcomm, Intel, Dell, HP Locations: Taipei, Taiwan

☆ Taiwan on alert over 'waves' of missile tests in north China
▼ + stars: | 2024-07-13 | by ( ) www.cnbc.com time to read: +2 min

Taiwan's defense ministry said on Saturday it was monitoring "waves" of missile tests taking place in China's far northern region of Inner Mongolia and that its air defense forces were on alert. Taiwan's forces are continuously monitoring developments and the air defense forces are on alert, the ministry said, without giving details. China's defense ministry did not answer calls seeking comment outside of office hours. Taiwan operates powerful radar stations on some of the peaks of its central mountain range that can look far into China, according to security sources. China detests Taiwan President Lai Ching-te, who took office in May, calling him a "separatist", and has increased its military pressure including war games since his inauguration.

Persons: Nancy Pelosi, Lai Ching, Lai Organizations: Peoples, China's, Force, U.S . House, Taiwan Locations: Beijing, Peoples Republic of China, China's, Inner Mongolia, Taiwan, China, Taipei

☆ Startups are building robots that can perceive the human world. Here's why VC firms like Khosla and a16z say that spatial intelligence will be the next big thing in AI.
▼ + stars: | 2024-07-09 | by ( Samantha Stokes | Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Spatial intelligence allows robots to navigate and interact with their environment more efficiently, which means that robots can perform more complex tasks with higher precision and adaptability. AdvertisementEven so, investors say that spatial intelligence represents a quantum leap for the robotics industry, a space already benefiting from an AI boom. Lior Susan, CEO and founder of Eclipse Ventures, is betting that the difficulty of building AI with spatial intelligence will yield bigger returns in the future. "You see this boom of generative AI startups that are actually buying a lot of compute that do not have a business model yet," Susan said. Big tech is rolling in, tooBigger tech companies are also gearing up to compete in robotics' spatial intelligence race—both as builders and investors.

Persons: —, Andreessen Horowitz, Catalyst, Howard Morgan, Max Rimple, Erin Price, Wright, Fei, Fei Li, Kanu Gulati, Khosla, –, Gulati, Lior Susan, Susan, Jeff Bezos, Jensen Huang Organizations: Service, Khosla Ventures, Business, B Capital, Catalyst, Lightspeed Venture Partners, Coatue Management, Stanford University, Eclipse Ventures, Intelligence, Lux, Sequoia Capital, Microsoft, Nvidia, Carbon Robotics, AIs Locations: LLMs, OpenAI, Lux Capital, Taipei

☆ I flew on a major airline's Pokémon-themed plane. The unforgettable experience didn't cost extra — and it came with souvenirs.
▼ + stars: | 2024-07-07 | by ( Andrew Chen | ) www.businessinsider.com time to read: +1 min

During my flight on the Pikachu Jet NH, I found themed music, cups, and crew uniforms. The special onboard touches and free souvenirs made it a unique and memorable flight. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But amid Boeing delivery delays and high operating costs, some airlines may just have a leg up because of fun collaborations and unique flights. By partnering with Pokémon Air Adventures, major Japanese airline All Nippon Airways (ANA) offers themed flights only a few airlines have.

Persons: — Organizations: All Nippon Airways, Service, Pokémon, ANA, Business Locations: Taipei, Tokyo

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