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Month: June 2024

Italian Meloni Uncomfortable as EU Reaches Agreement on Top Positions
28
Jun
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By Kyle C. Garrison
Politics

Italian Meloni Uncomfortable as EU Reaches Agreement on Top Positions

European Commission President and European People's Party (EPP) lead candidate for re-election, Ursula von der Leyen, greets delegates before giving a speech at the party congress of the German conservative Christian Democratic Union (CDU) at the Estrel Berlin Hotel in Berlin on 8 May 2024. John MacDougall | AFP | Getty Images The European Union's three main political groups have reached an agreement on who will fill the bloc's top positions, according to three officials who spoke to CNBC. This agreement has caused some dissatisfaction among some legislators in Europe. The officials, speaking anonymously due to the sensitive nature of…
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Trade conflicts aside, Chinese companies remain active in US market, survey finds
28
Jun
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By Kyle C. Garrison
Science and Technology

Trade conflicts aside, Chinese companies remain active in US market, survey finds

A recent survey by a Chinese business group in the United States shows that Chinese companies are still interested in doing business in the United States, even if things are difficult. Most of the companies surveyed (nearly 60%) want to continue investing the same amount of money in the United States, and some (30%) even want to invest more. The survey also found that many Chinese companies are concerned about the U.S.-China relationship and the overall health of the U.S. economy. More than 60 percent of respondents said the business environment in the U.S. is getting worse. There is also…
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In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
01
Jun
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By Kyle C. Garrison
Science and Technology

In Race to Build A.I., Tech Plans a Big Plumbing Upgrade

Connected media - Linked media If 2023 was the tech industry’s year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry’s A.I. boom. Companies from Amazon to Meta are revamping their data centers to support artificial intelligence. They are investing in huge new facilities, while even places like Saudi Arabia are racing to build supercomputers to handle A.I. Nearly everyone with a foot in tech or giant piles of money, it seems,…
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