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Shein May Shift Back to China to Secure Hong Kong IPO Approval

Shein is considering relocating its base from Singapore back to China as it seeks Beijing’s approval for a planned Hong Kong initial public offering (IPO), according to a Bloomberg report…

Shein, Temu Face Price Increases After Trump Ends $800 Import Exemption

Starting August 29, a trade rule that allowed low-value packages to enter the United States without duties will officially end. The decision follows an executive order signed by President Donald…

Perplexity Adds Live Earnings Call Transcripts for Indian Stocks

AI startup Perplexity is upgrading its Finance dashboard with live transcriptions of quarterly earnings calls from Indian public companies. The update also includes a calendar that highlights upcoming post-results conference…

Linktree Goes Offline in India, Cause Unclear

Linktree, the widely used link-in-bio platform, has been inaccessible across India for several days. The sudden outage has left both users and the company itself in the dark, with no…

Australian Lawyer Says Sorry for AI Errors in Murder Trial

A senior defense lawyer in Australia has apologized to a judge after filing legal submissions containing fabricated quotes and nonexistent case judgments generated by artificial intelligence. The incident took place…

China Gives Nvidia and AMD a Polite Rejection

Nvidia and AMD have reached an agreement with the U.S. government to remove restrictions on selling their lower-tier artificial intelligence chips to China. In exchange, both companies will pay Washington…

China Imposes 75.8% Tariffs on Canadian Canola

China has announced a preliminary 75.8% tariff on Canadian canola, following an anti-dumping investigation launched last year in response to Canada’s 100% tariff on Chinese electric vehicles (EVs). The Ministry…

New UK Internet Safety Law Sparks Backlash in Britain and the U.S.

A newly enforced U.K. law mandating age verification on adult sites and certain other online platforms has triggered a backlash from both domestic internet users and international critics, including U.S.…

Chinese State Media Claims Nvidia H20 Chips Unsafe for China

An account affiliated with China’s state broadcaster CCTV has warned that Nvidia’s chips may present security concerns, following Beijing’s heightened scrutiny over potential backdoor access. In a post published on…

South Korea Embarks on Ambitious AI Journey to Compete Globally

South Korea has enlisted some of its largest corporations and promising startups to create a national foundational AI model built primarily on domestic technology. The initiative is part of Seoul’s…

U.S. Charges Two Chinese Nationals for Illegal Shipment of Nvidia AI Chips to China

Two Chinese nationals in California, Chuan Geng and Shiwei Yang, both 28, have been arrested and charged with illegally exporting tens of millions of dollars’ worth of artificial intelligence chips,…

India Responds to Trump’s Tariff Threat Over Russian Oil Imports

India has stated it is being “targeted” by the United States and the European Union for its imports of Russian oil. The country’s foreign ministry issued a statement late Monday…

Nintendo Increases Original Switch Console Prices Citing ‘Market Conditions’

Nintendo has announced a price increase for its original Nintendo Switch game consoles, with the changes taking effect on August 3. The company stated that the price hikes are a…

Nintendo Sells Over 6 Million Switch 2 Consoles, Working to Prevent Shortages

Nintendo is maintaining its sales predictions for the first year of the Switch 2, despite the console’s performance exceeding the company’s own expectations. According to its latest financial results, the…

Nvidia Poised to Regain Partial Access to China but Faces Declining AI Chip Market Share

Nvidia’s H20 AI chips are expected to re-enter the Chinese market following assurances from the Trump administration last month, which allowed a resumption of exports after an effective ban in…

U.S. and South Korea Reach Trade Deal Setting Seoul Tariffs at 15%

U.S. President Donald Trump announced on Wednesday a “Full and Complete” trade agreement with South Korea, setting a blanket tariff rate of 15% on South Korean exports to the U.S.…

Google Proposes Expanding Play Store Access to More Real-Money Games in India

Google has proposed sweeping revisions to its Play Store and advertising policies in India, aiming to allow more real-money gaming apps onto its platforms. This move is part of an…

China Tariff Deal Hinges on Trump’s Consent

Top officials from the U.S. and China concluded two days of talks described by both sides as “constructive,” focusing on whether to extend their 90-day tariff truce. China’s trade negotiator…

How Much Shein Prices Have Increased Following Trump Tariffs

Online retailers are facing significant challenges due to President Donald Trump’s tariffs and the recent changes to the de minimis exemption. Shein, a Singapore-based fast fashion e-commerce giant, has seen…

India’s AI-Powered Tech Layoffs Threaten Middle-Class Aspirations

India’s largest IT services company, Tata Consultancy Services (TCS), announced plans to cut over 12,000 jobs at middle and senior management levels, reducing its workforce by 2%. This move reflects…