China Renaissance Cuts Staff after Founder Goes Missing
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Microsoft offers staff to relocate from China
Offer comes as tensions rise between Washington and Beijing over sensitive technologyFinancial Times - Business - Microsoft -
Replit cuts staff by 30 amid aggressive AI push in software development
Replit, a cloud-based software development platform, lays off 30 employees as it focuses on integrating AI into its coding tools, aiming to make programming more accessible.VentureBeat - Tech -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Giro d’Italia 2024: Alaphilippe goes it alone on stage 12 after ‘difficult times’
Frenchman shakes off 10-strong breakaway to win in FanoNo change for Pogacar at top of the general classificationJulian Alaphilippe’s early break paid off as the Soudal Quick-Step rider bravely held off the chasers to win stage 12 of the Giro ...The Guardian - World -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
New Miss USA crowned after former titleholders resign amid controversy
After both Miss USA and Miss Teen USA gave up their titles earlier his month, the Miss USA Organization has crowned a successor.CBS News - Top stories -
Rangers Injury Tracker: Chris Kreider 'good to go' for Game 6 after missing Wednesday's practice
The latest news and possible return dates for injured Rangers players.Yahoo Sports - Sports -
Savannah Gankiewicz of Hawaii crowned Miss USA after previous winner resigned, citing mental health
Savannah Gankiewicz of Hawaii has been crowned Miss USA 2023, more than a week after the previous titleholder resigned for mental health reasonsABC News - Entertainment -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
How Zola's Co-founder Led the Startup During Its Earliest Days
Shan-Lyn Ma focused on what was right in front of her, rather than the long term.Inc. - Business -
Want More Customers? High-Growth Founders Balance These 2 Strategies
In the Inc. 5000 Community's May kick-off call, all-star entrepreneurs offered their best advice on customer acquisition -- and it landed squarely in two simple but essential categories.Inc. - Business -
Congressmen introduce bipartisan police bill to reduce staff shortages
Two congressmen on opposite sides of the aisle are pushing new legislation aimed at helping law enforcement. The bill is designed to reduce law enforcement staffing shortages and strengthen the vetting of new police recruits. Democratic Rep. Salud ...CBS News - Top stories -
Under Armour’s stock buoyed by hopes for restructuring as founder Kevin Plank returns, pledges renewed focus on men
Under Armour Inc.’s stock rose Thursday after the athletic-apparel maker approved a restructuring plan and beat analyst estimates for fourth-quarter adjusted earnings.MarketWatch - Business -
Instagram co-founder joins Anthropic as chief product officer in fight against OpenAI
Mike Krieger most recently co-founded Artifact, an AI-powered news app, alongside Systrom, but they sold it to Yahoo in April.VentureBeat - Tech -
China Consumption and Investment Slow Unexpectedly
The mixed figures come as China’s increased efforts to shore up the economy spark tentative optimism that the recovery is firming up.The Wall Street Journal - World - China -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve -
China must learn from Japan’s ‘lost decades’
The consequences of the world’s second-largest economy being sucked into a deflationary spiral would be severeFinancial Times - World - China -
Why Putin is meeting with Xi Jinping in China
Russian President Vladimir Putin is in China meeting with President Xi Jinping to deepen the partnership between the two countries. Mary Ilyushina, a reporter for the Washington Post, joins CBS News with more.CBS News - Top stories - China -
Putin, Xi meet in China to reaffirm close ties
China rolled out the red carpet for Russian President Vladimir Putin, who met with Chinese President Xi Jinping in Beijing on Thursday. It was the second meeting between the two autocratic leaders in seven months. Ian Bremmer, president of the ...CBS News - Top stories - China -
Is China's bubble tea bubble about to burst?
Chinese bubble tea shares fizzle raising questions about the industry and Hong Kong's stock market.BBC News - Top stories - China -
China Regulators to Discuss Property Aid With Banks Friday
Yahoo News - World - China -
Body believed to be missing Tampa mom found
Police believe they have found the body of Sylvia Pagan days after her daughter was found safe.CBS News - Top stories -
Students missing school can have a snowball effect
The number of students missing at least 18 days a year has nearly doubled since 2018, sounding an alarm among educators.The Hill - Politics -
Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - Politics - China -
With its critical mineral strategy, Australia seeks to break free from China
Yahoo News - World - Australia -
Philippine group calls civilian mission in South China Sea a 'major victory'
Yahoo News - World - China -
Neither Russia nor China wants the Ukraine war to end, but for different reasons
Yahoo News - World - Ukraine -
An Unfinished Film review – moving and mysterious movie about China’s Covid crisis
Cannes film festivalLou Ye’s docu-realist film starts as sophisticated comedy, morphs from looking like a zombie apocalypse to intimate drama, and evolves into a tribute to how a nation handled trauma. Out of agony and chaos, Chinese film-maker ...The Guardian - World - Covid -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
The US has approved more flights for China, but the real winner is Russia
While it is certainly understandable that the Biden administration wishes to reestablish the bilateral services agreement with China, there is a better way to do so.The Hill - Politics - China -
China’s lead on EV battery innovation has not slipped an inch
Yahoo News - World - China