Nvidia and AMD will face a new requirement to pay 15% of their revenue from chip sales in China to the US government, according to the Financial Times.
Editor’s Note: This story highlights the increasing financial pressures on tech companies due to geopolitical tensions, which could impact their profit margins and innovation strategies.
— Curated by the World Pulse Now AI Editorial System
In India, President Trump's tariffs have led to rising calls for boycotting American products, as tensions grow around trade policies between the two nations.
Editor’s Note: This story matters because it highlights the potential economic impact of tariffs, affecting both consumers in India and American businesses, which could lead to a broader trade conflict.
The founder of a toy shop chain has decided to give ownership to the 1,900 employees, allowing them to share in profits and influence business decisions.
Editor’s Note: This move empowers employees and fosters a sense of ownership, which can boost morale and productivity while ensuring the business's long-term success.
Sachin Dev Duggal's start-up, Builder.ai, touted its capability to create apps using AI, but it has faltered as its revenue figures were misleading, marking a significant disappointment in the tech sector.
Editor’s Note: This story is important because it highlights the risks and realities of the AI boom, shedding light on how not all promising tech ventures deliver on their promises.
Deutsche Bank has increased its price target for Mitie Group to GBP 1.70 following the company's acquisition of Marlowe, indicating confidence in its growth potential.
Editor’s Note: This increase in price target suggests that analysts believe Mitie's acquisition will enhance its value, reflecting broader trends in the facilities management sector.
Deutsche Bank has cut its price target for OC Oerlikon due to declining demand in the industrial sector, signaling potential challenges ahead for the company.
Editor’s Note: This story highlights concerns about the industrial sector's health, which impacts not just OC Oerlikon, but could also affect broader market confidence.