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☆ As Covid-testing business drops, Abbott searches for new line of business with consumer wearables
▼ + stars: | 2023-10-10 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

Abbott Laboratories CEO Robert Ford took the stage at the HLTH conference in Las Vegas on Tuesday to discuss the company's expansion into a new market: consumer wearables. For instance, Abbott produces a continuous glucose monitor (CGM) called FreeStyle Libre that patients can use to manage their diabetes. Abbott's most recent model, the FreeStyle Libre 3, can measure glucose levels in real time for up to 14 days. FreeStyle Libre alone generated more than $1.3 billion in sales for Abbott during its second quarter, according to the company's earnings report. "We always believed that we could take this platform that we developed for diabetes and expand it beyond diabetes," Ford said.

Persons: Robert B, Ford, Robert Ford, Abbott, Covid, Margaret Kaczor Andrew, William Blair, CNBC's Erin Black, Lingo Organizations: Abbott, Libre, wearables Locations: Vegas, Las Vegas , Nevada, Las Vegas, U.S

☆ Microsoft announces new AI tools to help doctors deliver better care
▼ + stars: | 2023-10-10 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

Microsoft said the new tools will help eliminate the "time-consuming" process of searching through these sources one by one. He said consolidating disparate data will ultimately help health systems improve care and see more patients. "The current state of technology and Microsoft Fabric and Azure and generative AI, all of that, it's going to change the way we live. And it's probably one of the best shots that we have to solve some of the biggest problems we have within health care," he said. Zoom In Icon Arrows pointing outwards Microsoft's new patient timeline modelNew Azure AI health tools

Persons: Satya Nadella, Stephen Brashear, Arthur Health, Doug King, King Organizations: Getty, Microsoft, Deloitte, Northwestern Medicine, Arthur, CNBC Locations: Bellevue , Washington, Las Vegas, Northwestern

☆ Google announces new generative AI search capabilities for doctors
▼ + stars: | 2023-10-09 | by ( Ashley Capoot | ) www.cnbc.com time to read: +7 min

Google's new search capabilities can also be used for other crucial applications such as applying the correct billing codes and determining whether patients meet the criteria to enroll in a clinical trial, O'Malley said. Google Cloud on Monday announced new artificial intelligence-powered search capabilities that it said will help health-care workers quickly pull accurate clinical information from different types of medical records. Aashima Gupta, global director of health care strategy and solutions at Google Cloud, said the new Vertex AI Search capabilities can integrate directly into a clinician's workflow, which is of high importance for customers in the field. Customers can sign up for early access to Vertex AI Search for health care and life sciences starting Monday, but Google Cloud has already been testing the capabilities with health organizations such as Mayo Clinic, Hackensack Meridian Health and Highmark Health. Mayo Clinic is not using the new Vertex AI Search tools in clinical care yet, said Cris Ross, Mayo's chief information officer; it is starting with administrative use cases.

Persons: O'Malley, Lisa O'Malley, Aashima Gupta, Gupta, Cris Ross, we're, it's, Ross, Richard Clarke, Clarke Organizations: Cloud AI, Google Cloud, CNBC, Google, Monday, American Medical Association, Mayo Clinic, Hackensack Meridian Health, Highmark Health, Health

☆ Neuralink competitor Precision Neuroscience buys factory to build its brain implants
▼ + stars: | 2023-10-05 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

In this article BLK Follow your favorite stocks CREATE FREE ACCOUNTEmployees working in Precision's manufacturing facility Courtesy: Precision NeuroscienceNeurotech startup Precision Neuroscience announced Thursday it has acquired a factory in Dallas, where it will build the key component of its brain implant, the Layer 7 Cortical Interface. Precision said the manufacturing plant is the only facility capable of producing its "sophisticated" electrode array. Stephanie Rider of Precision Neuroscience inspects the company's microelectrode array Source: Precision NeuroscienceAs a member of the fast-growing brain-computer interface (BCI) industry, Precision is developing its technology alongside other companies like Synchron, Paradromics, Blackrock Neurotech and Elon Musk's Neuralink. At the request of the seller, a Japanese multinational corporation, Precision declined to share how much the manufacturing facility cost. Employees working in Precision's manufacturing facility Courtesy: Precision Neuroscience

Persons: we've, Michael Mager, Stephanie Rider, Elon Musk's, Precision's, Benjamin Rapoport, Neuralink, Musk, Mager Organizations: Neuroscience, CNBC, Blackrock Neurotech, Elon Musk's Neuralink, SpaceX, Neuralink, Employees Locations: Dallas, Paradromics

☆ Meta wants to charge European users $14 to access ad-free Instagram, Facebook: Report
▼ + stars: | 2023-10-03 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

The proposal, which would cost users around $14 a month on mobile devices and as much as $17 on a desktop, is Meta's attempt to navigate strict privacy rules in the European Union. Meta has spoken with digital-competition regulators in Brussels, privacy regulators in Ireland and other EU privacy regulators about its proposal, according to the report. It is not clear whether regulators believe Meta's proposal is a sufficient workaround, according to the report, and they may ask the company to propose a cheaper offering. Since the privacy rules do not apply to the U.S., it is unlikely that Meta would introduce SNA there. But in February, Meta CEO Mark Zuckerberg announced a paid verification subscription service called Meta Verified.

Persons: Meta, Mark Zuckerberg, Zuckerberg Organizations: Wall Street, European Union, Meta, CNBC Locations: Brussels, Ireland, U.S

☆ Apple expressed concerns to Chinese officials over foreign app restrictions, report says
▼ + stars: | 2023-09-29 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Apple expressed concern to Chinese officials in recent months over new rules that would ban unregistered foreign apps from its App Store, according to a report from The Wall Street Journal. The new rules would prevent Apple from offering many of the apps that are currently available in the store in China. Apple has not shared anything about the new rules publicly, and the company did not immediately respond to CNBC's request for comment. China's Ministry of Foreign Affairs said the country had not issued bans on the purchase or use of Apple's iPhones. Watch: China tightens leash on app stores, Apple yet to comply

Organizations: Apple, Wall Street, Facebook, China's Ministry of Industry, Information Technology, Street Journal, China's Ministry of Foreign Affairs Locations: China

☆ Supreme Court to hear Texas and Florida social media cases over right to moderate content
▼ + stars: | 2023-09-29 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

The Supreme Court on Friday said it will decide whether it's constitutional for Texas and Florida to prevent social media companies from banning users over potentially harmful rhetoric. Tech companies have historically had control over the type of content that's published on their platforms, and most apps require users to agree to terms of service. The Supreme Court's upcoming nine-month term begins next week, and its ruling on the social media cases will likely come next year. The Biden administration has also asked the Supreme Court to weigh in on whether the laws in the two states violate the tech companies' First Amendment rights. In a filing, the administration argues that the tech companies are protected under the Constitution.

Persons: Donald Trump, Trump, Elon Musk, Biden Organizations: Facebook, Twitter, YouTube, Computer and Communications Industry Association, Tech, Capitol, Republican, Tesla, SpaceX Locations: Texas, Florida

☆ Epic Games is eliminating 16% of its workforce and selling Bandcamp
▼ + stars: | 2023-09-28 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

BROOKLYN, NY - AUGUST 09: CEO of Epic Games Tim Sweeney speaks onstage during Samsung Unpacked New York City at Barclays Center on August 9, 2018 in Brooklyn City. Epic Games on Thursday said it's laying off 16% of its workforce, selling its music platform Bandcamp and spining off most of its SuperAwesome services. Sweeney also announced that Epic will sell its music platform Bandcamp, which it acquired last year, to Songtradr, a music licensing platform. The layoffs at Epic Games are the latest in a growing list of job cuts across tech industry, which has faced slowing growth and higher interest rates since early last year. WATCH: Apple declares victory after Epic Games decision

Persons: Tim Sweeney, we've, Sweeney, Songtradr, China's Tencent Organizations: Epic, Samsung Unpacked, Barclays Center, SuperAwesome, Apple, Epic Games Locations: BROOKLYN, NY, York City, Brooklyn City

☆ Spotify will use AI to replicate podcasters' voices and translate them to other languages
▼ + stars: | 2023-09-25 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Spotify CEO Daniel Ek joins author and comedian Trevor Noah to discuss the future of storytelling at Spotify Beach in Cannes, France, on June 20, 2023. Spotify on Monday announced a new artificial intelligence-powered feature that can translate podcasts into different languages using the host's own voice. The technology can create "realistic synthetic voices" from just a few seconds of speech, OpenAI said in a release. Spotify said it will help make the podcast listening experience more authentic and natural by maintaining podcasters' "distinctive speech characteristics." Spotify said it plans to make the feature accessible for more creators and languages in the future.

Persons: Daniel Ek, Trevor Noah, OpenAI, Dax Shepard, Lex Fridman, Monica Padman, Steven Bartlett, Bill Simmons, Trevor Noah's Organizations: Spotify Beach, Spotify Locations: Cannes, France

☆ Apple CEO Tim Cook appears in New York to celebrate iPhone 15 release
▼ + stars: | 2023-09-22 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Apple CEO Tim Cook greets customers purchasing Apple’s new iPhone 15 during a launch event at the Fifth Avenue Apple Store in New York City on Sept. 22, 2023. Apple CEO Tim Cook opened the company's Fifth Avenue store Friday in New York to celebrate the official release of the iPhone 15 lineup, the Apple Watch Series 9 and the Apple Watch Ultra 2. Apple announced its new devices at its annual launch event earlier this month, and preorders opened Sept. 15. The new iPhone 15 lineup starts at $799 and features a USB-C charging port and a new titanium exterior. Customers can purchase the new devices at their nearest Apple Store or online.

Persons: Tim Cook, CNBC's Steve Kovach, Cook, preorders, Max, Kif Leswing Organizations: Apple, Fifth, Counterpoint Research, Bank of America Locations: New York City, New York, Madison

The company introduced the Surface Laptop Studio 2 and the Surface Laptop Go 3, and unveiled enterprise availability for Microsoft 365 Copilot, its supplemental AI tool for core productivity apps such as Word and Excel. The Surface Laptop Studio 2 starts at $1,999, while the Surface Laptop Go 3 starts at $799. Surface Laptop Studio 2Microsoft Surface Laptop Studio Courtesy: MicrosoftThe Surface Laptop Studio 2 has a similar look and feel to the original model that launched in 2021. Surface Laptop Go 3Microsoft Surface Laptop Go Courtesy: MicrosoftThe Surface Laptop Go 3 is the latest update to Microsoft's entry-level laptop. The laptop starts at $799, an increase from the $599 starting price of the Surface Laptop Go 2.

Persons: Satya Nadella, Panos Panay, Aaron Woodman, Copilot, Woodman, you'll, It's, Sainsbury, Intel Iris, Brett Ostrum, Microsoft's, Ostrum, it's, Frank Buchholz Organizations: Microsoft Microsoft, Microsoft, Google, Microsoft's, Monday Microsoft, Bing, Windows, Carter, Intel, Nvidia, Laptop, CNBC Locations: New York, Panay

☆ Elon Musk's Neuralink is recruiting patients for its first human trial
▼ + stars: | 2023-09-20 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Elon Musk's neurotech startup Neuralink will begin recruiting patients for its first in-human clinical trial, the company announced in a blog post. Patients who participate in the trial will have to undergo invasive brain surgery. Neuralink is building a brain implant that aims to help people with severe paralysis control external technologies using only neural signals. As of September, no BCI company has managed to clinch the FDA's final seal of approval. But by receiving the go-ahead to recruit for a study with human patients, Neuralink is one step closer.

Persons: Elon, Neuralink, Musk, Tesla Organizations: Food and Drug Administration, SpaceX, BCI

☆ Instacart's 11% plunge on second day of trading wipes out almost all of its IPO gains
▼ + stars: | 2023-09-20 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Instacart shares slumped nearly 11% in their second day of trading Wednesday, continuing a slide that began immediately after the stock hit the Nasdaq on Tuesday, and leaving it narrowly above its initial public offering price. On Monday, Instacart sold shares in its long-awaited IPO at $30 apiece. Trading under ticker symbol CART , the stock popped 40% to open at $42, but then sold off throughout the day to close at $33.70. Instacart's offering helped reignite a sleepy IPO market, which has been mostly closed since late 2021 as companies were plagued by inflationary pressures and rising interest rates. Analysts at Needham issued a hold rating on Instacart's stock in a Tuesday note.

Persons: Instacart, Uber, Gene Munster, CNBC's, Munster, it's, Needham Organizations: Nasdaq, Deepwater Asset Management

☆ Google and the Department of Defense are building an AI-powered microscope to help doctors spot cancer
▼ + stars: | 2023-09-18 | by ( Ashley Capoot | ) www.cnbc.com time to read: +9 min

Zafar turned to his microscope – a canonically beloved tool in pathology that the doctors rely on to help make their diagnoses. It's an artificial intelligence-powered microscope built by Google and the U.S. Department of Defense. The AI-powered tool is called an Augmented Reality Microscope, or ARM, and Google and the Department of Defense have been quietly working on it for years. When a glass slide is prepared and fixed under the microscope, the AI is able to outline where cancer is located. For many smaller health systems, digitization is not yet worth the hassle.

Persons: Niels Olson, Nadeem Zafar, Zafar, Zafar's, Mitre Ashley Capoot, Mitre, it's, Ashley Capoot, CNBC Patrick Minot, Minot, Olson, It's, Aashima Gupta, Gupta Organizations: Microscope, U.S . Department of Defense, Google, CNBC, ARM, Department of Defense, Mitre, Minot, Defense Innovation Unit, U.S . Navy, Naval, Naval Medical Center Locations: Seattle, Mitre, Washington ,, DIU, Guam, U.S, Micronesia, San Diego, Mountain View , California

☆ Apple announces iOS 17 release date
▼ + stars: | 2023-09-13 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Apple on Tuesday announced iOS 17 will be available for users to download for free on Sept. 18. For iPhone users, iOS 17 will bring changes to major apps such as Phone, FaceTime and Messages. At its annual launch event Tuesday, Apple introduced the iPhone 15 lineup featuring new titanium exteriors and USB-C charging, plus the brand-new Apple Watch, with 72 hours of battery life. There are four new phone models, ranging from the entry-level iPhone 15 at $799 to the iPhone 15 Pro Max, which costs at least $1,199. Customers can preorder the watches now and they will also be available Sept. 22.

Persons: Apple Organizations: Apple, Apple Watch

☆ Apple will charge $29 for a USB-C adapter for your new iPhone
▼ + stars: | 2023-09-12 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Apple announced its new iPhone 15 lineup Tuesday, and the devices feature a new, widely anticipated USB-C charging port. By the time the event wrapped, Apple had already begun selling a USB-C adapter on its website for $29. The adapter will be necessary for iPhone 15 customers to connect the Lightning charging cables for current iPhones to their new one. "USB-C has become a universally accepted standard, so we're bringing it to iPhone," a presenter said during the Apple launch event Tuesday. The shift to USB-C chargers for the iPhone 15 will mean that Apple users' old Lightning cables will no longer work.

Persons: Apple Organizations: Apple, European Union

☆ Walter Isaacson's book 'Elon Musk' hits shelves, details explosive encounter with Bill Gates
▼ + stars: | 2023-09-12 | by ( Ashley Capoot | ) www.cnbc.com time to read: 1 min

Walter Isaacson's book "Elon Musk" hit shelves Tuesday, and the author told CNBC's "Squawk Box" about a heated exchange he documented between the Tesla CEO and Bill Gates. Isaacson said his book chronicles the good, bad and ugly behind Musk, and that one of the things that upsets the billionaire is when people short Tesla stock to try and make a profit. Early last year, Musk met with Gates, co-founder of Microsoft , who had previously shorted the automaker's stock and bet that it would decrease in value. "The demons and dancing in Elon Musk's head include people who short Tesla," Isaacson said Tuesday.

Persons: Walter Isaacson's, Elon, CNBC's, Bill Gates, Isaacson, Musk, Gates, Tesla Organizations: Microsoft Locations: Elon Musk's

☆ Russia's Putin praises Elon Musk as an 'outstanding person' and 'talented businessman'
▼ + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Elon Musk, chief executive officer of SpaceX and Tesla, and owner of X. formerly known as Twitter. Russian President Vladimir Putin on Tuesday praised Elon Musk, calling the Tesla and SpaceX founder a "talented businessman." Putin made the comments at the Eastern Economic Forum in Vladivostok as he spoke about Russia's space program. "Elon Musk ... is undoubtedly an outstanding person. The flop was seen as a major setback for Russia's space program just days before India successfully landed its first spacecraft on the moon.

Persons: Elon Musk, Vladimir Putin, Putin, Elon, Luna, Musk, — CNBC's Ashley Capoot Organizations: SpaceX, Tesla, Twitter, Eastern Economic Locations: Vladivostok, U.S ., Russia, India, Ukrainian, Sevastopol, Crimea, Ukraine, Western

☆ Sundar Pichai says Google and Nvidia will still be working together 10 years from now
▼ + stars: | 2023-09-11 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Sundar Pichai said Google 's longstanding relationship with chipmaker Nvidia isn't going to change any time soon — in fact, he expects it to continue over the next 10 years. "Look, the semiconductor industry is a very dynamic, cooperative industry," Pichai said. I feel comfortable about our relationship with Nvidia and that we are going to be working closely with them 10 years from now." In the interview with Wired, Pichai described AI as "one of the most profound technologies we will ever work on." As of Monday morning, Nvidia's stock is up nearly 212% year to date.

Persons: Sundar Pichai, Pichai, Kif Leswing Organizations: Google, Nvidia, Android, Microsoft, Wired

Venture capital investor Bill Gurley, a partner at Benchmark, said founders he works with believe Meta 's new large language model, Llama 2, has the "most momentum" in the battle of the large artificial intelligence models. Gurley told CNBC's Julia Boorstin Monday that the open-source nature of Meta's product is threatening to other leaders in the AI space. AI researchers typically compare LLMs when the software performs specific tasks. For instance, some AI researchers have found that Llama 2 outperforms other similar open-source AI language models and is on par with proprietary systems like OpenAI's ChatGPT. Google followed suit with its latest large language model called PaLM 2 in May, which powers the Google's generative AI features like its chatbot Bard.

Persons: Bill Gurley, Gurley, CNBC's Julia Boorstin, Meta, Bard Organizations: Microsoft, CNBC, Meta, Google Locations: OpenAI

☆ Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO, reports say
▼ + stars: | 2023-09-10 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

The grocery delivery company Instacart is aiming to go public at a valuation between $8.6 billion and $9.3 billion, according to reports. Instacart is expected to officially disclose its expected valuation range on Monday, a person familiar with the matter told Reuters. As public stocks dipped around March of last year, Instacart cut its valuation from $39 billion to $24 billion. According to the company, Instacart shoppers and drivers deliver goods in over 14,000 cities from more than 80,000 grocers and other stores. The grocery delivery service will join other gig economy companies like Uber , Airbnb , Lyft and DoorDash on the public market.

Persons: Instacart, haven't, Japan's SoftBank, Uber, Goldman Sachs, CNBC's Hayden Field Organizations: Reuters, Nasdaq Locations: Instacart

☆ Elon Musk biographer moves to 'clarify' details about Ukraine and Starlink after backlash
▼ + stars: | 2023-09-09 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Author Walter Isaacson took to social media Friday night to try to "clarify" an excerpt from his upcoming book, "Elon Musk." The excerpt received swift backlash after it described how Musk thwarted a Ukrainian attack on Russian warships. Musk eventually soured on the arrangement and said "Starlink was not meant to be involved in wars," according to the book. "They asked Musk to enable it for their drone sub attack on the Russian fleet. Isaacson's X post came after a top aide to Ukraine President Volodymyr Zelenskyy lashed out at Musk over the excerpt.

Persons: Elon Musk, Porte, Walter Isaacson, Musk, Starlink, Isaacson, Volodymyr Zelenskyy, Mykhailo Podolyak, Isaacson's, — CNBC's Amanda Macias Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, Russian, CNN, Washington Post Locations: Paris, France, Russian, Crimea, Ukrainian, Ukraine, Western, Russia, Washington

☆ Meta's VR technology is helping to train surgeons and treat patients, though costs remain a hurdle
▼ + stars: | 2023-09-09 | by ( Ashley Capoot | ) www.cnbc.com time to read: +14 min

David Paul Morris | Bloomberg | Getty ImagesJust days before assisting in his first major shoulder-replacement surgery last year, Dr. Jake Shine strapped on a virtual reality headset and got to work. Kettering Health Dayton is one of dozens of health systems in the U.S. working with emerging technologies like VR as one tool for helping doctors to train on and treat patients. Since the beginning of last year, Meta's Reality Labs unit, which develops the company's VR and AR, has lost over $21 billion. Meta Quest 3 VR headset. "The first virtual reality headset that I used was this big clunky headset that had all these wires it had to be connected to a laptop to function."

Persons: Mark Zuckerberg, David Paul Morris, Jake Shine, Shine, Zuckerberg, didn't, Jan Herzhoff, Brennan Spiegel, Spiegel, Caitlin Rawlins, Rawlins, there's, Brent Bamberger, Reem, she's, it's, Daboul, PrecisionOS, Danny Goel, Richard Miller, he's, Miller, They're, It's, Goel, Kettering's Bamberger, Rafael Grossmann, Grossmann, Glass, Hollie Adams Organizations: Bloomberg, Getty, Kettering Health Dayton, CNBC, Meta, VR, Facebook, Labs, Apple, Elsevier Health's, U.S . Department of Veterans Affairs, Spiegel, Software, Doctors, PrecisionOS, University of Rochester, Portsmouth Regional Hospital, Google, of Fine Locations: San Jose , California, U.S, Ohio, Sinai, Los Angeles, Cedars, New Hampshire, Mayfair , London

☆ Microsoft and Paige are building the world's largest AI model for detecting cancer
▼ + stars: | 2023-09-07 | by ( Ashley Capoot | ) www.cnbc.com time to read: +6 min

The AI model is training on an unprecedented amount of data that includes billions of images, according to a release . Paige also built an AI model that can help pathologists identify breast cancer, colon cancer and prostate cancer when it appears on the screen. But in order to expand its operations and build an AI tool that can identify more cancer types, Paige turned to Microsoft for help. Over the past year and a half, Paige has been using Microsoft's cloud storage and supercomputing infrastructure to build an advanced new AI model. Paige's original AI model used more than 1 billion images from 500,000 pathology slides, but Fuchs said the model the company has built with Microsoft is "orders of magnitude larger than anything out there."

Persons: Paige, Fuchs, Thomas Fuchs, Andy Moye, ChatGPT, Moye, Desney Tan, Tan Organizations: CNBC, Food and Drug Administration, Memorial Sloan Kettering Cancer Center, Netflix, Microsoft, Microsoft Health Futures, Cornell Locations: New York

☆ U.S. Commerce Secretary says she 'didn't pull any punches' during recent visit to China
▼ + stars: | 2023-09-03 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

U.S. Commerce Secretary Gina Raimondo arrives for a meeting with her Chinese counterpart Wang Wentao, at the Ministry of Commerce in Beijing, Monday, Aug. 28, 2023. U.S. Commerce Secretary Gina Raimondo met with Chinese officials in a high-stakes visit to Beijing and Shanghai this week, and she said Sunday that the trip helped establish open lines of communication between the two nations. Raimondo is the fourth high-level U.S. official to visit China this summer, but she is the first U.S. Commerce secretary to travel to the country in five years — a period where the bilateral relationship has grown increasingly tense. The Commerce secretary's trip to China followed recent visits from U.S. special envoy for climate John Kerry, U.S. Treasury Secretary Janet Yellen and U.S. Secretary of State Antony Blinken. Raimondo said Sunday that the export controls are about national security, not about gaining an economic advantage.

Persons: Gina Raimondo, Wang Wentao, Raimondo, NBC's, John Kerry, Janet Yellen, Antony Blinken Organizations: Commerce, Ministry of Commerce, . Commerce, U.S . Commerce, China, Press, U.S, Treasury, U.S . Department of Commerce's, of Industry, Security, Sunday Locations: Beijing, Shanghai, China, U.S

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