Shenzhen Post 
The United States Department of Justice filed a major lawsuit against Apple this morning, accusing the tech giant of anticompetitive practices related to its iPhone dominance. Joining the federal department were sixteen state attorneys general. The lawsuit centers on Apple’s smartphone ecosystem, which the DOJ claims stifles competition. One key piece of evidence is the … Read more
Ping An Insurance, China’s largest insurer by market capitalization, reported its 2023 earnings, revealing a 23% year-on-year decline in net profit to 85.67 billion yuan (US$11.9 billion). This marks the company’s lowest earnings in five years, according to revised data reflecting new accounting standards. Despite the drop in net profit, Ping An’s core insurance business … Read more
Saudi Arabia is throwing its hat into the ring of the global AI race, with a staggering $40 billion investment aimed at transforming the kingdom into a hub for artificial intelligence. This move comes amidst a growing trend in the region, with the United Arab Emirates also making significant strides in AI development. The sheer … Read more
A new report by the World Health Organization (WHO) paints a grim picture: unsafe air is the norm, not the exception, for most countries. The study, analyzing pollution levels across 134 nations, reveals a disturbing truth – only seven countries offer their citizens clean air to breathe. These fortunate few – Australia, Estonia, Finland, Grenada, … Read more
Finland reigns supreme yet again! The UN-sponsored World Happiness Report, published on Wednesday, declares Finland the happiest country on Earth for an unprecedented seventh year in a row. The Nordic region continues its dominance, with Denmark, Iceland, and Sweden following closely behind Finland in the coveted top 10 rankings. Meanwhile, a stark contrast emerges in … Read more
The battle for dominance in artificial intelligence (AI) has a new battleground: humanoid robots. As Nvidia CEO Jensen Huang says, building the foundational models for these robots is “one of the most exciting problems to solve in AI today.” This rapidly growing field, however, is a double-edged sword, attracting both fervent investment and significant skepticism. … Read more
In a surprising turn of events, tech giants Apple and Google, long-time rivals, might be joining forces on the cutting edge of artificial intelligence. Reports suggest Apple is in talks to license Google’s AI chatbot, Gemini, potentially integrating it into future iPhones. While neither company has confirmed the discussions, the news sent ripples through the … Read more
China is making a significant push to attract foreign investment by offering greater access to its markets. An action plan released by the government outlines a series of reforms aimed at boosting economic growth, technological advancement, and global competitiveness. The plan focuses on two key areas: shortening the negative list for foreign investment and implementing … Read more
Shenzhen is setting its sights on becoming a world leader in ultrafast broadband by the end of 2024. The city unveiled an ambitious action plan outlining its strategy to achieve this goal. The plan focuses on four key areas: expanding its 5G network, promoting data center construction, advancing satellite internet capabilities, and prioritizing applications for … Read more
The future belongs to robots, and China’s Robot Revolution is determined to be at the forefront of this transformation. While companies like Tesla have grabbed headlines with humanoid robots, China’s state-backed push promises a tidal wave of robotic workers unlike anything the world has seen. China’s Ambitious Roadmap In November 2023, the Chinese government laid out a … Read more