Microsoft Accuses FTC of Leaking Antitrust Investigation Details, Demands Inspector General InvestigationMicrosoft has formally accused the Federal Trade Commission (FTC) of inappropriately leaking details of its antitrust investigation into the company's cybersecurity, cloud storage, and artificial intelligence businesses, and has requested an investigation by the FTC's Inspector General. This follows a Bloomberg News report, subsequently confirmed by multiple other media outlets, that the FTC is conducting a broad investigation into Microsoft's cloud computing and software licensing businesses, cybersecurity services, and AI products...

China to Build World's First Thorium Molten Salt Reactor Nuclear Power Plant by 2029: Ushering in a New Era of Clean EnergyFor a long time, China lagged behind in nuclear technology, facing bottlenecks in key equipment manufacturing and raw material supply, hindering the development and utilization of clean energy. Compared to developed countries like the United States, China's nuclear energy technology development started later, and access to international advanced technologies presented challenges...

Global Chip Giants Vie for Dominance: A Strategic Game Between Samsung, Nvidia, and SMICThe global chip market is undergoing unprecedented competition and transformation. Samsung's innovation is stagnating, Nvidia is soaring on the AI wave, and SMIC (Semiconductor Manufacturing International Corporation) is rising as the world's third-largest foundry...

China Weather Intelligence: Ant Group and HuaFeng Meteorological Jointly Create a New Benchmark for National Meteorological ServicesOn November 30th, HuaFeng Meteorological Media Group (under the China Meteorological Administration) and Ant Group officially launched the first national-level "China Weather Intelligence," marking a new era of intelligent meteorological services in China. This innovative initiative aims to integrate authoritative meteorological data resources, extensively cover diverse meteorological service scenarios, and provide users with more accurate, intelligent, and efficient meteorological service experiences...

SMIC's Q3 2024 Revenue and Net Profit Soar, Outshining GlobalFoundries: The Rise of a Chip Giant Under China's Domestic Substitution StrategySMIC (Semiconductor Manufacturing International Corporation) delivered stunning Q3 2024 results: revenue reached a remarkable 15.6 billion RMB (approximately $2...

Ant International Powers the Takeoff of China's Inbound Tourism: Digital Payments Empowering Growth in the Aviation and Tourism IndustryIn recent years, driven by continuous optimizations to China's inbound tourism policies and ongoing upgrades to tourism services, the number of global tourists visiting China has seen a strong rebound. Convenient and secure payment services have become crucial in enhancing the quality of aviation and tourism services and increasing tourist satisfaction...

Amazon Invests an Additional $4 Billion in Anthropic, Bringing Total Investment to $8 BillionOn November 23rd, AI startup Anthropic announced an expanded partnership with Amazon Web Services (AWS), securing an additional $4 billion investment from Amazon. This brings Amazon's total investment in Anthropic to $8 billion, though Amazon remains a minority shareholder...

Apple's App Store in China Doubles in Size, Driving Significant Developer Revenue GrowthRecent research data released by Apple reveals the continued robust growth of its App Store ecosystem in the Chinese market. The data shows that developer revenue and sales facilitated by the App Store in China have more than doubled in just four years, surging from 1...

Trump's Return, Silicon Valley Rejoices: Nvidia Surpasses Apple in Market Cap, Tech Giants Await New Merger WaveNvidia Tops Market Cap, Fueled by AI BoomNvidia's stock price had already surged by 12% in November, and it has tripled since the beginning of 2024. The market's enthusiasm for Nvidia stems from its leading position in artificial intelligence...

Chinese Tech Giants: Leading the Wave of Technological Innovation from Algorithm Recommendations to Smart ChipsFounded in 2012 and headquartered in Beijing, ByteDance, which owns popular products like Douyin and Toutiao, has achieved immense success in the short video and information realms through its advanced algorithm recommendation technology, offering personalized content to users worldwide. Its technological applications are vast, encompassing content creation and distribution, social interactions, and advertising marketing...

Ant Group's IPO Saga: Risks and Opportunities in Financial InnovationThe IPO saga of Ant Group, akin to a giant wave crashing ashore, has stirred up the world of finance. The plan to become the world's largest IPO was halted at the last minute by regulators...

Panasonic "Ups the Ante" in the Chinese Market, Leveraging Technological Innovation to Foster a Better LifeOn November 6, 2024, the 7th China International Import Expo (CIIE) was held in Shanghai as scheduled. As a "regular" participant in the CIIE, Panasonic hosted a strategic press conference the day after the expo's opening, themed "Panasonic Roots in Chinese Innovation, Contributing to a Better Life for Chinese Society," showcasing its new goals, products, and technologies in the Chinese market...