The US is expressing "serious concerns" about American companies using Chinese-made AI models, citing risks of Beijing's narratives and censorship. Companies are drawn to lower costs and comparable quality, with Coinbase CEO Brian Armstrong highlighting use of GLM 5.2 and Kimi 2.7.
A U.S. House committee released a report accusing South Korea of "discriminatory attacks" on American companies like Coupang, alleging violations of a bilateral trade deal. The report criticizes South Korea's investigations and fines against Coupang, particularly concerning a massive data leak, claiming these actions protect domestic industries.
US President Donald Trump threatened a 100% tariff on imports from any country that imposes a digital services tax on American companies. He specifically targeted European nations discussing such measures, stating the new tax would supersede previously negotiated trade deals.
A speculative thought experiment, 'Europe 2031,' by Brussels thinktankers paints a bleak future for the EU due to its lack of AI investment, leading to economic collapse, populism, and cyber-attacks. The scenario, gaining traction among policymakers, highlights the urgency for EU tech sovereignty.
A speculative thought experiment, 'Europe 2031,' envisions the EU's economy in ruins by 2031 due to a lack of AI investment, leading to populism and cyber-attacks. The scenario, gaining traction among policymakers, highlights the US and China's AI dominance and Europe's potential tech sovereignty crisis.
Denis Obrezko, a suspected Russian hacker, has been extradited from Thailand to the US to face charges for allegedly facilitating a large-scale cyber espionage campaign by the group Void Blizzard, which targeted numerous American companies.
A US-China Business Council survey reveals that US export controls and sanctions are negatively impacting American companies, with nearly half affected and many losing sales to Chinese competitors. Tit-for-tat tariffs also hit over 72% of surveyed firms.
US businesses in Russia have not experienced any relaxation of sanctions pressure, despite President Trump's stated desire to improve relations with Moscow, according to AmCham Russia CEO Robert Agee. He believes sanctions will persist until the conflict ends.
Despite trade tensions and US export restrictions, 26 US semiconductor firms, including Qualcomm and Nvidia, experienced an average 20% revenue increase in China last year, according to the Hurun Research Institute.
Donald Trump's 36-hour Beijing summit features 17 US companies worth $16.47 trillion, seeking greater access to China's economy, with key tech and finance leaders on board.
The White House released names of 21 American companies donating millions for a new $400 million ballroom, double the July estimate. The project follows a security incident at the Correspondents' Dinner, with Trump insisting no taxpayer funds used—though public money funds underground security infrastructure. The Justice Department cited the incident in urging dismissal of a lawsuit by the National Trust for Historic Preservation.
SEOUL, April 22 (Yonhap) -- More than 50 U.S. Republicans have urged South Korea...
