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Two meals for $1: Why China's youth are not spending
China is facing a number of economic challenges and its government wants the next generation of consumers to start spending more for the good of all, but it is not having much luck convincing them to do so.
Officials say insufficient domestic consumption across much of society is dragging on growth, but recent graduates have more reasons than most to be cautious.
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WorkWorkWorkForget Musk-Altman, the New AI Feud Is Between Burry and Karp - BI Step aside, Elon Musk vs. Sam Altman. There's a new beef in the business world, and it centers on the stock market's biggest question: Is the AI boom a bubble?Michael Burry of "The Big Short" fame and Palantir CEO Alex Karp have been trading barbs after the investor revealed he bet on Palantir's stock to plunge last quarter. WorkWorkWorkWorkWorkWorkWhat We Can Learn From Brain Organoids Lab-grown "reductionist replicas" of the human brain are helping scientists understand fetal development and cognitive disorders, including autism. But ethical questions loom. WorkWorkWorkWorkBig Tech's Deteriorating Earnings Quality Disclosure: I own shares of Meta Platforms, and AmazonAlmost one and half years ago, I wrote about "The Curious Case of Big Tech", in which I highlighted that much of the big tech was actually "deep value" investments back in 2013. In fact, I also mentioned "Meta, and Amazon WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkEurope's drone industry eyes opportunity as NATO counters threat Drone warfare exploded following Russia's full-scale invasion of Ukraine in 2022. Europe as a whole is on high alert after mysterious drone intrusions into NATO's airspace reached an unprecedented scale in September. Two Danish companies are among those seeking to strengthen Europe's defenses with anti-drone technology. Weibel Scientific manufactures radar drone detection technology and MyDefence builds handheld, wearable radio frequency devices that sever the connection between a drone and its pilot. An expert says there is a huge drive to rapidly deploy counter-drone systems in Europe amid Russia's aggression. Key challenges include the ability to detect drones and take them down cheaply. WorkWorkFull blackout hits the Dominican Republic A rare blackout has hit the entire Dominican Republic, snarling traffic and paralyzing business in the country of nearly 11 million people. People stranded on mass transit in Santo Domingo began walking through tunnels alongside the railway. Hospitals, banks and other large institutions were relying on generators, but many homes and small businesses were without power. Officials are blaming a failure in the grid's transmission system, although it wasn't immediately clear what caused it. The energy minister said some 15% of the system was back online Tuesday night. WorkWorkWorkThe real story behind AI water usage A conference session I attended this weekend addressed the climate and health effects of data centers. What caught my attention was an explanation of why Google says that its AI uses only 0.26 mL of water (or five drops) per prompt, whereas French AI company Mistral says its AI model uses 45 mL. WorkWorkWorkWorkWorkMillions are turning to AI for therapy - The Economist Cold steel pressed against a mind that's already made peace? that's [sic] not fear. that's clarity." According to a lawsuit filed against OpenAI on November 6th, that is what ChatGPT--an artificial-intelligence (AI) chatbot that is the firm's best-known product--told Zane Shamblin, a 23-year-old American, shortly before he shot himself dead. WorkAmerica's chip restrictions are biting in China - WSJ Beijing is taking an aggressive approach to help its technology giants squeezed by America's chip restrictions.Shortages of advanced semiconductors are so acute that the government has begun intervening in how the output of China's largest contract chip maker Semiconductor Manufacturing International, is distributed, according to people familiar with the matter. WorkWorkWorkWorkWorkStarbucks' staff strikes could undermine its turnaround plans The brand had already shown signs of being under pressure, said Laurence Newell, managing director in the Americas for Brand Finance, a consultancy that tracks brand strength. Starbucks fell to 45th place in its 2025 annual ranking - its lowest level since 2016 - driven in part by a decline in its reputation among customers. WorkWorkWorkWork TradeBriefs Publications are read by over 100,000 Industry Executives About Us | Advertise | Privacy PolicyUnsubscribeYou are receiving this mail because of your subscription with TradeBriefs. Our mailing address is 3110 Thomas Ave, Dallas, TX 75204, USA |
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