Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
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Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese factories at unfathomable discounts. It also unleashed something else — a cascade of billions…

Amazon’s Mixed Earnings Report Sends Share Prices Down
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Amazon’s Mixed Earnings Report Sends Share Prices Down

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online retailer. First, the e-commerce company was entangled in the fleeting spat Tuesday with the White House over a…

White House Attacks Amazon Over Idea of Showing Tariffs’ Cost
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White House Attacks Amazon Over Idea of Showing Tariffs’ Cost

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines There’s a fresh spat brewing between the White House and Amazon. Karoline Leavitt, the White House press secretary, on Tuesday accused the online retail giant of being “hostile and political,” citing a report — disputed by Amazon — from Punchbowl News saying that…

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test
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Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Follow live updates on the Trump administration. The auditorium at Alibaba’s headquarters was packed with attendees, leaning against the wall and squeezing onto the stairs. Hundreds of Chinese small-business owners listened raptly as a stream of representatives from Alibaba, the Chinese online shopping…

Opinion | Donald Trump’s Tariffs Will Only Strengthen China’s Hand
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Opinion | Donald Trump’s Tariffs Will Only Strengthen China’s Hand

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In China, one of many nicknames for President Trump is Chuan Jianguo. It literally translates as “Trump the Nation Builder.” My best translation is “Comrade Trump.” The joke is that Mr. Trump is a patriotic son of China who is diligently advancing Chinese…

Elon Musk Says He Has Sold X to His A.I. Start-Up xAI
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Elon Musk Says He Has Sold X to His A.I. Start-Up xAI

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Elon Musk said on Friday that he had sold X, his social media company, to xAI, his artificial intelligence start-up, in an unusual arrangement that shows the financial maneuvering inside the business empire of the world’s richest man. The all-stock deal valued xAI…

Where China’s Exports Begin: Inside the Vast Markets of Guangzhou
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Where China’s Exports Begin: Inside the Vast Markets of Guangzhou

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Rows of white concrete buildings near the Pearl River in southern China house one of the world’s fastest-growing industries: Gritty workshops are churning out inexpensive clothing that is exported straight to homes and small businesses around the world. No tariffs are paid, and…

US plan to break up Google’s search dominance will hit profits | Technology News

US plan to break up Google’s search dominance will hit profits | Technology News

Some experts said the broad remedies suggested by the DOJ will not survive the appeals process. The United States Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in artificial intelligence, even though a final outcome may be…

EU probes Chinese site AliExpress over potentially illegal online products | Technology News

EU probes Chinese site AliExpress over potentially illegal online products | Technology News

The European Union also sent requests for info to tech giants on their use of generative artificial intelligence. The European Commission has opened a formal investigation into Chinese e-commerce site AliExpress over concerns about illegal and pornographic content on its platform. In a statement on Thursday, the European Union’s executive…