China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.25 ⬆️ up 0.11% S&P 500: 5,859.85… Article Source https://fortune.com/2024/10/15/premarket-stock-futures-dow-sp500-nasdaq-16/
IBM Investigates Allegations of Executive Misconduct in China Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-10-14/ibm-investigates-allegations-of-executive-misconduct-in-china
International Business Machines Corp (IBM) is reportedly conducting an investigation into allegations against its China head, Chen Xudong. According to Bloomberg News, this comes after a 15-page letter circulating online detailed misconduct… Article Source https://timesofindia.indiatimes.com/technology/tech-news/15-page-letter-circulating-online-accuses-ibm-china-head-of-misconduct-heres-what-company-said-while-confirming-the-letter/articleshow/114227949.cms
(Bloomberg) — International Business Machines Corp. is looking into allegations against its China head after a letter circulating online accused the executive of misconduct, including accepting gifts from business partners, the latest upheaval… Article Source https://finance.yahoo.com/news/ibm-investigates-allegations-executive-misconduct-172223702.html
IBM Investigates Allegations of Executive Misconduct in China MSN Article Source https://www.msn.com/en-us/money/other/ibm-investigates-allegations-of-executive-misconduct-in-china/ar-AA1sfN6P
IBM (IBM) Investigating Allegations of Executive Misconduct in China – Bloomberg StreetInsider.com Article Source https://www.streetinsider.com/Rumors/IBM (IBM) Investigating Allegations of Executive Misconduct in China – Bloomberg/23832425.html
A government-backed think tank has suggested that data centres in mainland China should choose Nvidia chips, warning of the high costs involved in shifting to domestic solutions. “If the conditions allow, [data centres] can choose [Nvidia’s]… Article Source https://www.scmp.com/tech/tech-trends/article/3282279/chinese-think-tank-recommends-nvidia-chips-data-centres-warning-high-transfer-costs
IBM is latest U.S. tech giant to pull back from China Axios Article Source https://www.axios.com/2024/08/26/ibm-rd-division-china-us-tech-competition
The recent surge in Chinese stocks hit the pause button on Tuesday after Beijing failed to roll out another large stimulus package, a surprise to investors hoping to add more fuel to the unprecedented rally. Hong Kong’s benchmark Hang Seng Index ( Article Source https://finance.yahoo.com/news/live/stock-market-today-tech-nvidia-lead-stocks-higher-as-oil-prices-retreat-china-rally-stalls-170521555.html
OpenAI recently announced its exit from the Chinese market, enforcing a policy of blocking users in countries outside of officially supported markets. Despite this, many Chinese customers are still able to utilize GPT-powered AI conversational robots. Companies like Alibaba, Baidu, and Tencent have stepped in to fill the void left by OpenAI, and Microsoft’s ChatGPT … Read more