
Shein, Temu, and Amazon to Increase Prices, Report Says
Recently, the USPS (United States Postal Services) temporarily suspended every inbound parcel from China and Hong Kong posts under further notice, according to the USPS website. However, the website also mentioned that the suspension will not affect the flow of letters coming from China or Hong Kong. Many people believe that this is tied to…

President Donald Trump’s Tariff Plan Hits a Roadblock
Donald Trump suspended his plans to impose steep tariffs on Mexico and Canada on Monday. In return for talks on border and crime enforcement with the neighboring countries, he agreed to a 30-day pause. However, tariffs on China are still to take effect on Tuesday. The leaders of both neighboring countries, Canadian Prime Minister Justin…

SoftBank to Invest $25 Billion on OpenAI Ahead of Stargate
OpenAI, one of the biggest artificial intelligence companies in the world, has long been in a money-raising frenzy. Now, it is in talks with SoftBank, a Japanese conglomerate, to raise around $25 billion, as per three people familiar with the development. This money might cover OpenAI’s commitment to the $100 billion data center project Stargate,…

Nvidia’s Future in Jeopardy, China takes Center Stage
Shares of the chipmaking giant Nvidia plunged on Monday following an announcement by a Chinese firm. This marked the worst day for chipmaker’s shares after the global market sell-off in 2020 due to the pandemic. The plunge is the direct result of the advances claimed by a Chinese startup and a global share sell-0f over…

The TikTok Bidding Begins with Multiple Interested Parties
Recently, President Trump announced that TikTok would have to sell 50% of its business to an American or a non-Chinese entity in order to keep doing business in the US. As a result, a bidding war has started between American businesses to buy this lucrative business. One of the front runners is Frank McCourt, who…

China Hacked US’ Treasury Department, As Per the Dept.
In a startling revelation, the Biden administration announced on Monday that the Treasury Department of the United States of America had been the target of a state-sponsored attack by a Chinese hacker. The hacker gained access to employees’ workstations and unclassified documents within the department. This comes after several revelations in recent months that China…

US-China Tensions to Impact Nvidia’s Global Chip Sales
Nvidia, the biggest chipmaker in the world, once held the crown of the most valuable company in the world, is in a bit of a shackle right now. Nvidia has worked for years to make an ecosystem where the whole world can buy AI or normal chips from them. However, that ecosystem is now in…

TikTok Knocks at Supreme Court’s Door to Safe Face After Ban
The Social media platform TikTok asked the Supreme Court of the USA on Monday to save it from the nationwide effect in a matter of weeks by temporarily blocking it. TikTok is making a case that this ban violates the First Amendment rights of both the company and its 170 million American users. They also…

The Trump Era 2.0 Begins: World Leaders Rattled
The president-elect of the United States of America, Donald Trump, has shown his global influence. With just a simple post on X, the president-elect has left the world in a dilemma. Yesterday, Trump announced that he would impose a 25% tariff on all goods from Canada and Mexico and an additional 10% on goods from…

Curbs on Chinese Investment Finalized by Biden Admin
The Biden administration has finalized restrictions on US individuals’ investment in Chinese businesses. US individuals are now prohibited from investing in companies with advanced technology in China, including semiconductors, quantum computing, and artificial intelligence. The new rule, which came after a long deliberation of more than a year, banned investments in some Chinese companies while…
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