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Taiwan's Foxconn on Monday said it's withdrawing from a $20 billion joint venture to make semiconductors with Indian conglomerate Vedanta. → Read More
On Friday, Beijing announced a $985 million fine for Ant Group — an Alibaba affiliate — signaling an end to a years-long regulatory crackdown. → Read More
Names of the beneficiaries were obscured by black ink marks on the will — which was found in a former banker's kitchen after his death. → Read More
Meta's Threads has already amassed 10 million users in its first seven hours of opening to the public, per CEO Mark Zuckerberg. → Read More
"Twitter has had the opportunity to do this but hasn't nailed it. Hopefully we will," Meta CEO Mark Zuckerberg posted on Threads. → Read More
Beijing's move came just days after the Netherlands restricted the sale of high-end chipmaking equipment abroad, which has angered China. → Read More
The Russian President said 80% of the trade between Russia and China is now transacted in the Chinese yuan and the ruble. → Read More
Youth unemployment rates hit a record high of 20.8% in May. This means one out of five of those between 16 to 24 years old are out of work. → Read More
Elon Musk is the top winner as his wealth jumped by $97 billion to $233 billion, per Bloomberg Billionaires Index. → Read More
The bloc is trying to secure Putin's support to extend the Black Sea grain deal, an arrangement to allow food to move out of Ukraine amid the war. → Read More
Argentina is facing a drastic shortage in the US dollar. The local currency peso has fallen nearly 80% against the greenback since the start of 2020. → Read More
The EU has been mulling seizing frozen Russian assets to help rebuild Ukraine since last year, but there have been concerns about its legality. → Read More
Musk's Starlink is lobbying India's government to assign licenses for satellite services, but Ambani's Reliance wants a public auction. → Read More
Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in late May, per LatePost. → Read More
Kostin's assessment of the dollar's clout and the yuan's rise came amid an intense debate over de-dollarization that has raged on for the past year. → Read More
The ECB official's comments followed headlines that some Western companies with businesses in Russia are still profitably operating in the country. → Read More
A bill of materials for the Vision Pro mixed reality headset showed eight Chinese companies are involved in the making of Apple's Vision Pro headset. → Read More
AI-generated product summaries could be useful in guiding customers toward newer reviews, per the CTO of Fortress Brand, an Amazon marketing agency. → Read More
Over 7,000 subreddits are on a 48-hour blackout to protest the platform's new charges to developers of third-party apps. → Read More
Alex Soros having visited the Biden White House 17 times since 2021 is a core part of the anti-Semitic conspiracy theories lobbed at the Soros family. → Read More