{
}
Intel's new CEO, Lip-Bu Tan, faces scrutiny over his investments in Chinese tech firms, some linked to the PLA, raising concerns about conflicts of interest amid Intel's contracts with the US Department of Defense. Tan's extensive ties to over 600 Chinese companies reflect a broader trend of increasing scrutiny on US-China tech investments, particularly as the Pentagon blacklists firms with military connections. As Intel struggles in the competitive semiconductor landscape, particularly against TSMC, the evolving market dynamics present both challenges and opportunities, especially in the burgeoning AI chip sector.
Global markets were shaken as the US confirmed a staggering 145% tariff on Chinese imports, escalating the trade war despite initial optimism from President Trump's softer stance on other international tariffs. While Asian and European markets initially surged, US indices plummeted, reflecting investor concerns over the deepening conflict with China, which retaliated with 84% levies on US goods. International leaders expressed cautious optimism for negotiations, but tensions remained high, impacting commodities like oil, which saw significant price drops amid the uncertainty.
NEye Systems, an Emeryville-based startup, has secured $58 million in funding led by CapitalG, Alphabet's growth-stage fund. The company is developing optical circuit switch chips designed to enhance performance and energy efficiency in AI data centers by using light for data transmission, potentially reducing energy consumption significantly. This investment highlights the growing demand for innovative solutions to meet the escalating energy requirements of AI infrastructure.
Apple has begun transporting approximately 1.5 million iPhones from India to the US via chartered cargo flights, a move aimed at increasing production in India and mitigating the impact of high tariffs on Chinese imports. This strategic shift, which has been in the works for years, capitalizes on the lower tariff rate of 26% for Indian imports compared to 125% for those from China. The initiative also highlights the importance of logistics innovations, such as expedited customs processes, in navigating complex trade environments.
Stitch, a South African fintech specializing in open banking and payment infrastructure, has raised $55 million in funding, bringing its total to $101 million. The investment, led by Raba Partners, follows Stitch's acquisition of Exipay, enabling the company to offer end-to-end payment solutions for both digital and physical transactions. As competition intensifies in Africa's fintech sector, Stitch aims to enhance its technology and expand its market presence while navigating regulatory challenges.
Chinese semiconductor firms report minimal impact from recent US tariffs, largely due to their focus on domestic markets and self-sufficiency strategies. Companies like Cambricon and Loongson emphasize independent R&D and local supply chains, mitigating the effects of US restrictions. In contrast, semiconductor manufacturing equipment suppliers face significant challenges, with tariffs expected to increase costs by 20% to 32%, disrupting critical supply chains.
Singapore's SC Capital Partners is reportedly considering a bid for UK data center operator Global Switch, currently owned by Jiangsu Shagang Group, with a potential deal valued between $4 billion and $5 billion. This interest comes amid rising demand for digital infrastructure driven by AI and cloud computing, despite a significant decline in Global Switch's valuation due to geopolitical and security concerns. The company has already sold its Australian operations for A$1.94 billion, reflecting ongoing scrutiny over data center ownership.
Shifting iPhone production to the U.S. could increase manufacturing costs by 25% due to higher labor expenses, with total costs potentially rising by 90% when accounting for tariffs on imported components. This comes amid escalating U.S.-China trade tensions, impacting Apple's stock, which has fallen 23% this year, erasing $479 billion in market value. Despite these challenges, Apple maintains high profit margins, capturing 75% of the smartphone industry's profits, while its complex global supply chain complicates any domestic manufacturing efforts.
Israeli startup Groundcover has raised $35 million in Series B funding, aiming to disrupt legacy APM platforms with its unique architecture that prioritizes on-premise data control and deep visibility. Founded in 2021 by former cyber unit members, the company leverages eBPF technology for efficient monitoring, claiming a 500% growth in annual recurring revenue and partnerships with major cloud providers. Groundcover's AI-powered migration tool facilitates quick transitions from competitors like Datadog, enhancing its appeal to enterprises seeking cost-effective observability solutions.
Jobandtalent has secured $103 million in funding, albeit at a reduced valuation of $1.5 billion. The company is now focusing on leveraging artificial intelligence to enhance its recruitment processes for temporary workers.
United States Dollar
Currency
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
intel ceo's investments in chinese tech raise national security concerns
05:10 11.04.2025
us china trade war escalates as tariffs reach 145 percent
Euro
United States Dollar
NASDAQ Composite
Hollywood Bowl Group PLC
DEU
JPN
CHN
USA
CAN
Donald Trump
Mark Carney
Howard Lutnick
Yongqiang He
Ursula von der Leyen
Show more
05:10 11.04.2025
Alphabet leads 58 million funding in AI chip startup nEye Systems
United States Dollar
Micron Solutions, Inc.
Alphabet Inc.
NVIDIA Corporation
USA
James Luo
Charles Kao
Show more
04:50 11.04.2025
Apple airlifts 1.5 million iPhones from India to US amid tariff shifts
Chinese Yuan
Vietnamese Đồng
United States Dollar
Indian Rupee
Samsung SDI Co., Ltd.
Apple Inc.
Foxconn Technology Co., Ltd.
IND
USA
VNM
CHN
Donald Trump
Show more
04:40 11.04.2025
stitch secures 55 million to enhance payments infrastructure in africa
United States Dollar
Crest Ventures Limited
Momentus Inc.
PayPal Holdings, Inc.
Stitch Fix, Inc.
MultiChoice Group Ltd
Standard Bank AMC007
ZAF
Natalie Cuthbert
Priyen Pillay
Kiaan Pillay
Show more
04:12 11.04.2025
Chinese chipmakers report minimal impact from US tariffs amid self-sufficiency efforts
United States Dollar
Loongson Technology Corporation Limited
Cambricon Technologies Corporation Limited
USA
CHN
Show more
04:10 11.04.2025
Singapore firm considers bid for UK data center operator Global Switch
Australian Dollar
United States Dollar
CapitaLand Investment Ltd
HMC Capital Ltd
AUS
SGP
GBR
CHN
Show more
04:00 11.04.2025
Apple faces potential 90 percent cost increase from US production shift
United States Dollar
Bank of America Corporation
Boeing Co
Apple Inc.
Foxconn Technology Co., Ltd.
USA
CHN
Tim Cook
Show more
03:50 11.04.2025
groundcover secures 35 million to challenge legacy observability platforms
03:12 11.04.2025
Jobandtalent secures 103 million dollars amid down-round valuation of 1.5 billion
20:59 10.04.2025
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Retail and Consumer Goods
Supply Chain Management
Industry Mergers & Acquisitions
Stock Market Updates
Global Financial Events
Energy Sector Developments
Venture Capital Investments
Finance Mergers & Acquisitions
Central Bank Actions
Cryptocurrency & Blockchain Regulations
Emerging Startups
Funding Rounds & Investments
Inflation and Monetary Impact
Private Equity Deals
Market Analysis and Predictions
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Google Inc.
Dell Technologies Inc.
Samsung Securities Co.,Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
XPeng Inc.
Toyota Motor Corp
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
European Union Bonds
Taiwan Semiconductor Manufacturing Company Limited
Microsoft Corporation
Verizon Communications Inc.
OpenAI ERC USD
SLB 4,6% 01JUN25
Equinor Ventures AS
Quanta Services, Inc.
Gold Circuit Electronics Ltd.
Unimicron Technology Corp.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
Australian Dollar
United Arab Emirates Dirham
British Pound Sterling
New Taiwan Dollar
New Zealand Dollar
Vietnamese Đồng
South Korean Won
Egyptian Pound
Thai Baht
Saudi Riyal
Indonesian Rupiah
South African Rand
Malaysian Ringgit
Singapore Dollar
Lebanese Pound
People: