Ecommerce group Amazon is shutting down its Shanghai artificial intelligence lab, becoming the latest US company to retreat from Chinese research efforts amid rising geopolitical tensions. ( read original story ...)
Amazon shuts down Shanghai AI research lab, FT says
The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. ( read original story ...)
US federal court upholds dismissal of terror victims’ claims against global banks
A US federal court on Monday upheld the dismissal of claims brought by US service members and civilians against three major global banks accused of indirectly funding terrorist attacks in ... ( read original story ...)
How a Small Shanghai Business Is Coping With COVID-19 – #SixthTone
An animation company in Shanghai is diversifying its business and seeking new opportunities to cope with the effects of the COVID-19 pandemic. Yu Xin, the founder and CEO of Shanghai Left Pocket ... ( read original story ...)
Has the Qianfan satellite network – China’s Starlink rival – run into trouble?
A shortage of rockets and competition for launch resources appear to be putting the mega-constellation's targets in doubt A Chinese mega-constellation of communications satellites is facing serious ... ( read original story ...)
Wells Fargo executive barred from leaving China, as bank suspends travel there
Wells Fargo has suspended all employee travel to China after a U.S. executive was barred from leaving the country last week due to "a criminal case," several national news outlets have reported. ( read original story ...)
Shanghai Said To Add New Bureaucracy, Rules For City Tenants, Landlords
Shanghai property owners with tenants will be hit with a new layer of city bureaucracy and rules starting on Oct. 1. Both will be required to report rental contracts to the city government ... ( read original story ...)