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Apple stock falls as EU regulators tighten screws and China bans iPhones for government workers

Wed, 09/06/2023 - 12:38

Tech Insider

Apple CEO Tim Cook presents at WWDC 2023 — Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California.
Justin Sullivan/Getty Images

Markets, mi-exclusive, Markets, stock-market, apple-stock, apple, big-tech

China Evergrande soars 70% to lead Chinese property names higher after another developer dodges default

Wed, 09/06/2023 - 10:20

Tech Insider

Evergrande China construction — Evergrande is China's second-biggest property developer.
Noel Celis/Getty Images

Markets, mi-exclusive, Markets, China, china-economy, china-evergrande, Evergrande

China is now ordering government officials not to use iPhones for work, amid a Washington and Beijing tech war: WSJ

Wed, 09/06/2023 - 03:43

Tech Insider : Politics

People experience new products such as mobile phones, computers and TVS at the Apple flagship store in Xi 'an, Shaanxi province, June 3, 2023. — China is now ordering government officials not to use iPhones for work.
Cang Hai/CFOTO/Future Publishing/Getty Images

Tech Insider, politics, Tech, China, iPhone, Ban, News

Chinese car companies are coming for Europe. VW and Mercedes should be nervous.

Tue, 09/05/2023 - 15:48

Tech Insider

A man in a hoodie stands next to a teal sedan. — Chinese automaker XPeng will start selling its P7 sedan in the German auto market this year.
XPeng

Transportation, Transportation, auto-industry, chinese-automakers, Mercedes-Benz, Volkswagen, Europe

China is reportedly spending big to boost its production of chips for AI and smartphones after the US cracked down on exports

Tue, 09/05/2023 - 07:56

Tech Insider

Xi Jinping — Xi Jinping.
Xie Huanchi/Xinhua via Getty Images

Tech Insider, China, AI, Semiconductors, chips, xi-jinping, Sanctions

Despite Country Garden's last-gasp payment, China's property sector remains in crisis: two-thirds of its developers with most offshore debt are defaulters

Tue, 09/05/2023 - 06:45

Tech Insider

Chinese President Xi Jinping. — Chinese President Xi Jinping.
Getty Images

Markets, mi-exclusive, Markets, China, Property, developers, Default

China may now never take the US's crown as the world's largest economy

Tue, 09/05/2023 - 05:15

Tech Insider : Economy, Economy

China wealth economy — China's economy now may never surpass the US as the world's largest, according to a survey by Bloomberg Economics.
JOHANNES EISELE/AFP/Getty Images

economy, economy, China, china-economy, china-real-estate-market, Evergrande, country-garden

Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default

Tue, 09/05/2023 - 02:07

Tech Insider : Economy, Economy

Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default.

Aly Song/Reuters

Real Estate, economy, China, economy, real-estate, Property, Debt

Two people have been accused of using an excavator to destroy part of the Great Wall of China to create a shortcut

Mon, 09/04/2023 - 20:48

Tech Insider

great wall of china — Two people cut a hole in the Great Wall of China with an excavator.
Kevin Frayer/Getty Images

News, great-wall-of-china, China, tourists

Signal's president doubts Elon Musk can successfully turn Twitter into a 'super app' like WeChat

Mon, 09/04/2023 - 14:04

Tech Insider

Elon Musk. — Elon Musk.
Chesnot via Getty Images

Tech Insider, signal, AI, meredith-whittaker, elon-musk, twitter, x

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