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...Her comments revived concerns about working conditions at Chinese tech groups....
...The group has recently prioritised artificial intelligence, vying to be China’s answer to OpenAI....
...The legislation, which was supported by a coalition of app developers including Tinder owner Match Group, Spotify and Epic Games, was the first of its kind in the world....
...On Sunday, Tesla’s electric vehicles were included on a list of more than 70 car models that have been tested for data security compliance by a Chinese industry group....
...Online groups, such as Facebook owner Meta and TikTok, already require users to disclose if realistic images, audio or videos are made through AI software....
...the Chinese-owned group had “agreed to key changes in several critical areas (including artificial intelligence, platform safety, remuneration)”....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...The group has also released new models more slowly than its competitors....
...A string of Chinese tech groups have started moving into Saudi Arabia as part of aggressive global expansion plans....
...North Korea has welcomed Russian tourist groups in recent months, while Russia’s ambassador to North Korea said in February that Moscow and Pyongyang were discussing new rail, ferry and car routes....
Americans account for 14% of users but their revenue contribution will be higher
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...three years spent more than $1.5bn working on “Project Texas”, a corporate restructuring plan to safeguard US user data and content from Chinese influence through a partnership with American cloud software group...
...The group’s bumper profits last year compare with $700mn of net income for 2022 and $1.1bn in 2021....
...Elon Musk made Tesla the world’s most valuable carmaker and one of the “magnificent seven” US tech groups by outflanking incumbents in luxury EVs....
...Tesla and Nvidia offer more growth and even higher valuations (although when you scale Nvidia’s valuation to its near-term growth rate, using a PE/growth ratio, it surprisingly looks the cheapest of the group...
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
...Many globalised Japanese groups have become adept at straddling and navigating the US and Chinese markets even as geopolitics push Washington and Beijing further apart....
...Tired of raids by local bandits, the farmers of a poor Mexican village hire a group of gunslingers from across the US border to protect them....
...While Tesla sales growth has been driven by its Model 3 and Model Y cars, the group is not expected to release its next mass-market vehicle until late in 2025....
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