Tag: revenue

Interview with Deepseek Founder: We’re Done Following. It’s Time to Lead

Tina Marie (Ms. Cat)

Interview with Deepseek Founder: We’re Done Following. It’s Time to Lead

An Yong: After your price cuts, ByteDance was the first to follow, suggesting they felt threatened. How do you view the new competitive landscape between startups and giants?

Liang Wenfeng: To be honest, we don’t really care about it. Lowering prices was just something we did along the way. Providing cloud services isn’t our main goal—achieving AGI is. So far, we haven’t seen any groundbreaking solutions. Giants have users, but their cash cows also shackle them, making them ripe for disruption.

Related:

DeepSeek’s Geopolitical Impacts

Ukraine: Gas and regional geopolitics

Tina Marie (Ms. Cat)

Gas and regional geopolitics

“Ukraine and Slovakia will create an energy hub for Eastern Europe,” headlined Ukrainska Pravda on Monday , citing the words of Ukrainian Prime Minister Denis Shmyhal after his meeting with Prime Minister Robert Fico, who has recovered and returned to his post after the assassination attempt that put his life in danger. Although the Ukrainian media mainly focused on news about energy cooperation, the Slovak president did not hesitate to repeat to Shmyhal his position regarding Ukraine’s geopolitical position. As Politico stated on Monday, the Slovak president said on Sunday in an appearance in a Slovak media that “as long as I lead the government, I will direct the deputies under my control as chairman of the party [Smer] to never accept Ukraine’s accession.” According to Strana, Fico insisted on his “100%” support for Ukraine’s entry into the European Union, but not into NATO. This “no” attitude towards Ukraine’s entry into the military bloc is compounded by Fico’s intention to resume normal relations with Russia if the war ends during his term in office. However, as his meeting with the Ukrainian prime minister shows, this position is not in contradiction with cooperating with Kyiv on issues affecting both countries, including energy.

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The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies

Tina Marie (Ms. Cat)

China’s hybrid “state capitalist” system, driven by centralized planning and fierce competition, has led to dominance in critical technological fields and emerging markets. Western multinational corporations are advised to adopt a pragmatic approach to capitalize on four key strengths of China’s economy: its innovation ecosystem, its investment in the Global South, its ultra-competitive markets, and its vast consumer base. Those who fail to engage risk losing global revenue and strategic opportunities.

The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies

Intel shares fall 20% on plans to cut 15,000 jobs

Tina Marie (Ms. Cat)

Intel on Thursday revealed drastic plans to slash its employee headcount and capital spending in an attempt to put its business back on a stable financial footing, as it suffered the latest setback in its slow-moving turnaround plans.

Intel shares fall 20% on plans to cut 15,000 jobs

Related:

US CHIPS Act Funding for Intel

On March 20, 2024, the U.S. Department of Commerce and Intel Corporation announced a preliminary memorandum of terms under which Intel will receive approximately $8.5 billion in direct funding under the CHIPS and Science Act. Funding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.

Meanwhile, in China:

China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says

Chinese Company Under Congressional Scrutiny Makes Key U.S. Drugs

Tina Marie (Ms. Cat)
Source

Lawmakers raising national security concerns and seeking to disconnect a major Chinese firm from U.S. pharmaceutical interests have rattled the biotech industry. The firm is deeply involved in development and manufacturing of crucial therapies for cancer, cystic fibrosis, H.I.V. and other illnesses.

Chinese Company Under Congressional Scrutiny Makes Key U.S. Drugs

Latest:

US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties

As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact

Tina Marie (Ms. Cat)

Last night’s announcement by UAW President Shawn Fain that the union would initially only strike at three non-strategic plants has confused many in the labor movement. The announcement comes as the Biden Administration has stepped in to stop the strike from spread and protect its $15 billion investment in transitioning the auto parts industry to make electric vehicles.

As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact