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Regulating the monopolistic behavior of multinational companies in China
China’s market regulator, the State Administration for Market Regulation, announced on Tuesday that U.S. tech giant Google is under investigation for suspected violations of the country’s anti-monopoly law. The antitrust investigation may be linked to Google’s Android operating system business, wrote Professor Zhang Chenying from Tsinghua University School of Law, in an article published Wednesday
Crypto Markets Gains Momentum
Crypto markets are gaining momentum as Coinbase reports an impressive $5.75 billion in revenue over the past 12 months, surpassing traditional finance giants like Nasdaq and CBOE. This growth highlights the increasing role of cryptocurrency exchanges, driven by rising trading volumes, Bitcoin’s strong performance, and growing institutional interest. Coinbase’s impressive $5.75 billion revenue underscores the
China slams US Postal suspension
The Chinese government condemned the US Postal Service decision, accusing the United States of “unreasonable suppression” and politicizing trade and economic matters. Beijing’s anger was fueled by what it described as an unfair action that could harm Chinese companies engaged in international trade.Amid escalating tensions, the US Postal Service announced that it would reverse the
new Google AI models
Google and DeepSeek both released AI reasoning models in December, but DeepSeek’s R1 got a lot more attention. Now, Google may be trying to put its Gemini 2.0 Flash Thinking model in front of more eyes through its popular Gemini app. Google accidentally announced the Gemini 2.0 Pro model’s release in the Gemini app’s changelog
Xiaomi 15 Ultra Launch
The Xiaomi 15 Ultra is the successor to the highly regarded Xiaomi 14 Ultra and was expected to launch shortly after the Chinese Spring Festival, which is currently taking place. An earlier rumor said we wouldn’t see the new handset until March. The Xiaomi 15 Ultra is garnering attention for its expected advanced camera features,
antitrust probe against Google in China
Google launched the Chinese-language search engine google.cn in 2006. It was censored to comply with Beijing’s laws, and in 2009, was a major search engine in China with about 36% market share. In 2010, in response to a cyberattack and an increasing unwillingness to comply with censorship rules, Google said it was no longer willing
The use of AI agents
AI assistants have significantly advanced in the past few years. Initially designed to perform tasks such as setting reminders and playing music, these AI-driven software systems have evolved into sophisticated conversational agents using advanced large language models like ChatGPT and Google Gemini. This rapid expansion is fueled not only by the increased adoption of AI
Search Advertising
The search advertising business, more than any other under Alphabet’s umbrella, has helped give the company a valuation of around $2.4 trillion. Google is the world’s biggest advertising company. Of the $237.9 billion Google generated in ad revenue in 2023, $175.0 billion, or 73.6%, came from Google Search. Search remains the primary driver of both
tit-for-tat actions between China and US
U.S. tariffs on products from Canada and Mexico also were to go into effect Tuesday, though Trump agreed to a 30-day pause on his threats against Mexico and Canada as they acted to appease his concerns about border security and drug trafficking. Trump planned to talk with Chinese President Xi Jinping in the next few
Boeing’s financial losses on Starliner
In 2014, NASA picked Boeing and SpaceX to develop and certify two commercial crew transporter vehicles. Like SpaceX, Boeing’s contract, now worth up to $4.6 billion, is structured as a fixed-price deal, meaning the contractor is on the hook to pay for cost overruns that go over NASA’s financial commitment. Boeing announced Monday it lost