Stocks tumbled after a Chinese AI startup said its models can compete with the likes of ChatGPT and other U.S.-based models at a fraction of the cost.
TikTok users fleeing the ByteDance-owned social platform ahead of a crucial Supreme Court decision on its future sent a rival Chinese app to the top of Apple’s charts in the US on Monday.
President Biden and President-elect Trump met for tea at the White House, marking a peaceful transfer of power, a contrast to 2017.
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.
Trump issued an executive order on Jan. 20 to extend the ban on TikTok, implemented by former President Joe Biden last year. The order granted a 75-day extension, which Trump said will allow him to consult with his advisors and heads of "relevant" departments and agencies to address national security concerns posed by TikTok.
President Donald Trump said Monday that the sudden rise of Chinese AI app DeepSeek “should be a wake-up call” for America’s tech companies.
Patrick Mahomes, Travis Kelce and Taylor Swift will be among the familiar faces at the Super Bowl when the Kansas City Chiefs go for an unprecedented three-peat against the Philadelphia Eagles on
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.
The Laken Riley Act would require the detention of unauthorized immigrants accused of theft and violent crimes
Silicon Valley loudly criticized President Donald Trump when he quit the climate accord in his first term. This time? Crickets.
On Monday, the biggest names in Silicon Valley, Apple CEO Tim Cook, Meta founder Mark Zuckerberg and Google CEO Sundar Pichai, joined “First Buddy” Elon Musk to watch Trump be inaugurated as the 47th president. Musk later stole the headlines following an appearance at a rally in which he made an “odd salute”.