China has banned certain metal exports in retaliation to the US chip restrictions

Engadget : Business, Economy

As of today, Chinese gallium, germanium and antimony are no longer being exported to the US. Germanium and gallium exports had already ceased in October, and antimony exports have dropped by 97 percent since September. This official declaration comes a day after the US announced it would further tighten technological exports to China, particularly referring to computer chips.

China hits back at Biden's chip restrictions by banning shipments of key materials to the US

Tech Insider : Business, Economy, Technology
chip
Donald Trump has previously called China the "main threat" to the US AI industry.

iStock; Rebecca Zisser/BI

I moved from Toronto to NYC and have no plans to return to Canada. I prefer life in the US.

Tech Insider : Travel, Business, Economy
Jeremy Berke sitting down wearing a black t-shirt and smiling for the camera
Jeremy Berke moved from Canada to the US and prefers life in the States.

Courtesy of Jeremy Berke

A KLM Boeing 777 turned around over the Atlantic, leaving passengers on a 4-hour flight to nowhere

Tech Insider : Business, Economy
KLM Royal Dutch Airlines Boeing 777 passenger aircraft on the tarmac at an airport.
The flight involved a KLM Boeing 777 (not pictured).

Nicolas Economou/NurPhoto via Getty Images

Australia may hold the key to happier home buying

Tech Insider : Economy, Business, Style
A photo collage of a house surrounded by money and auction paddles

Tony Cordoza/Getty, Anna Kim/Getty, Tyler Le/BI

Putin makes it official: Russia is all in on defense spending

Tech Insider : Economy, Economy, Business
Putin
Russian President Vladimir Putin approved a record defense budget for 2025.

Contributor/Getty Images

In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'

Tech Insider : Economy, Business, Style
Pat Gelsinger gestures in front of a large screen that reads,
Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024.

I-Hwa CHENG / AFP

Tesla cofounder says humanity is underperforming and could stand to 'crank up the intensity' like Elon Musk

Tech Insider : Business, Economy, Style
JB Straubel, Redwood Materials founder
JB Straubel founded Redwood Materials in 2017.

Redwood Materials

Russian companies are turning to teenagers and retirees amid the country's wartime labor shortage

Tech Insider : Economy, Business
Russia recruitment ad for soldiers at a bus stop
Russia is short 2 million workers, according to an estimate from one of the nation's largest auditing firms.

Vladimir Aleksandrov/Anadolu via Getty Images

New findings from Sam Altman's basic-income study challenge one of the main arguments against the idea

Tech Insider : Economy, Economy, Business
Sam Altman
Researchers shared new findings from Sam Altman's basic-income study.

Mike Coppola/Getty Images for TIME

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