Enterprise

May 2023 marked a significant turning point in the electric vehicle (EV) sector of China, particularly with the astounding delivery figures reported by two notable contenders—Leapmotor and Aito. Leapmotor, aided by the automotive giant Stellantis, showcased impressive growth by delivering an unprecedented 45,067 vehicles, marking a remarkable 148% growth compared to the same month last
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Elon Musk’s recent foray into government service as the head of the Department of Government Efficiency has sparked mixed reactions. Initially welcomed for his innovative approach to administration, his departure comes with much to unpack. Musk’s position allowed him only a limited time, 130 days, to enact significant change within the federal structure. This restriction
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In a stark revelation, Starling Bank, a prominent player in the U.K.’s burgeoning fintech landscape, announced a substantial reduction in its annual profits. For the fiscal year ending March 31, 2025, the bank reported a profit before tax of £223.4 million ($301.9 million), reflecting a sharp decline of nearly 26% from the previous year. This
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In the dynamic world of artificial intelligence (AI), innovation often faces disruption, and the recent semiconductor export restrictions from the United States have placed immense pressure on global tech companies. Despite these challenges, China’s leading firms, Tencent and Baidu, are demonstrating remarkable adaptability and strategic foresight in response to heightened regulatory constraints. By stockpiling essential
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The brewing tension between President Donald Trump and technology giant Apple has reached new heights as Trump recently declared a potential 25% tariff on iPhones manufactured outside the U.S. In a pointed message shared on his social media platform, Truth Social, Trump asserted that Apple’s flagship products must be produced domestically, adding serious weight to
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In an era where digital finance is transforming the global economic landscape, stablecoins have emerged as a beacon of stability amid the volatility of cryptocurrencies. Unlike their more erratic counterparts, such as Bitcoin, stablecoins are designed to maintain a stable value by pegging themselves to tangible assets like fiat currencies or commodities. This unique characteristic
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