municipality in the canton of Zürich, Switzerland
Lindt: Will the EU soon ban the bell on Lindt Santa Claus?: If the EU decides on strict packaging regulations, Lindt will probably lose its ringing trademark ...
wiwo.de/unternehmen/handel/verpackung-wie-nachhaltig-ist-der-schoko-weihnachtsmann-von-lindt/29566892.html
Quick Glance: Strict EU Regulation Threatens Lindt Santa
- New EU regulation could mean the end of the bell on the Lindt Santa.
- Lindt chocolate figures may need to forgo packaging parts to reduce waste.
- Criticism of Lindt & Sprüngli for child labor and pesticide use on African cocoa plantations.
- Lindt & Sprüngli's largest facility is located in Aachen, not in Switzerland.
Top Argentine Officials to Meet PBOC Governor Next Week: Argentina’s Central Bank President Santiago Bausili and Finance Secretary Pablo Quirno are scheduled to ...
bloomberg.com/news/articles/2024-04-26/top-argentine-officials-to-meet-pboc-governor-next-week
Paid articlePaid
China is backing away from facial recognition technology — at least in hotels: Chinese officials have told hotels in Beijing and other cities to stop scanning ...
qz.com/china-stop-facial-recognition-technology-hotels-privacy-1851437900
Quick Glance: China Ends Facial Scans at Hotels
- Authorities in China are instructing hotels to cease conducting facial recognition scans on guests during check-in, as reported by state media.
- This directive is being implemented in various cities to reduce the use of facial scans and avoid potential issues.
- Experts caution that facial recognition may deter people from traveling and increase costs for businesses, with a risk of data misuse.
- An IT professional highlights technical challenges that China may face due to the extensive number of hotels, surveillance cameras, and databases, potentially leading to system overload.
Possible espionage for China: Krah's office accessed secret documents in the trade committee
spiegel.de/politik/deutschland/afd-mann-maximilian-krah-sensible-daten-im-handelsausschuss-abgerufen-spionagevorwuerfe-gegen-mitarbeiter-a-60dd5b76-f969-46c8-932e-7d170374e604
Quick Glance: Krah's Office Obtained Sensitive Data in Trade Committee for China
- Maximilian Krah's office, an AfD politician in the EU Parliament, accessed sensitive data in the Trade Committee.
- An employee of Krah was arrested on suspicion of leaking internal information to a Chinese intelligence agency.
- There were multiple requests from Krah's office for documents classified as sensitive or restricted, but none for confidential papers.
- The EU Parliament is internally investigating due to limited information from national intelligence services, and there are probes into possible payments to EU parliamentarians from Russia.
Two indicted for illegally exporting chip gear from US to China: One Chinese national arrested in Chicago while another suspect thought to be abroad
theregister.com/2024/04/26/2_indicted_for_illegal_china_exports/
Bad blood with China? Blinken buys Taylor Swift album in Beijing: U.S. Secretary of State Antony Blinken snapped up a Taylor Swift album along with one by ...
reuters.com/world/us/bad-blood-with-china-blinken-buys-taylor-swift-album-beijing-2024-04-26/
Connections to China and Russia: Laschet attacks AfD leader Chrupalla for handling espionage affair
spiegel.de/politik/afd-spionageaffaere-armin-laschet-attackiert-tino-chrupalla-bei-maybrit-illner-a-802feb39-46fc-4042-8442-021d98504482
Quick Glance: Clash over AfD's Corruption Allegations
- Despite corruption allegations, the AfD stands by its EU lead candidates, sparking a heated debate on 'Maybrit Illner.'
- Concerns arise over potential bribery involving Krah and Bystron, despite no legal guilt being proven.
- Internal distancing within the AfD and criticism of a lack of transparency regarding the candidates ensue.
- The discussion concludes with the possibility of the AfD's list changes for the European elections being invalidated.
Timelapse: First cargo ship sails through Baltimore bridge wreckage.Baltimore says Dali owner knew ship was 'unseaworthy' before collapse
Blinken tells CNN the US has seen evidence of China attempting to influence upcoming US elections
cnn.com/2024/04/26/politics/blinken-china-interview-intl-hnk/
Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
Maximilian Krah: Public Prosecutor General's Office initiates preliminary investigations
t-online.de/nachrichten/deutschland/innenpolitik/id_100393116/maximilian-krah-generalstaatsanwaltschaft-leitet-vorermittlungen-ein.html
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
- The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.
- The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.
- Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.
- On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
Survey before European elections: AfD loses support after espionage scandal: The allegations of possible influence by Russia and China on the AfD concern many ...
spiegel.de/politik/deutschland/afd-zustimmung-sinkt-nach-spionageaffaere-vor-europawahlen-a-22513360-0136-4a68-9f2a-48f780004c0e
Chinese owner denies it’s willing to sell TikTok as US ban looms: TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social ...
cnn.com/2024/04/25/business/bytedance-denies-reports-selling-tiktok-intl-hnk/
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
Inside the China-US Competition for AI Experts: Who’s winning the fight for top-tier AI talent?
bloomberg.com/news/articles/2024-04-25/inside-the-china-us-competition-for-ai-experts
WADA to review Chinese doping case after global backlash: The under-fire World Anti-Doping Agency (WADA) said on Thursday it would launch an independent review ...
reuters.com/sports/wada-launch-independent-review-into-chinese-doping-case-2024-04-25/
Father who raped and sexually abused daughter from the age of 3 ‘stole’ her childhood, court hears
irishtimes.com/crime-law/courts/2024/04/26/father-who-raped-and-sexually-abused-daughter-from-the-age-of-3-stole-her-childhood-court-hears/
Biden places politics over strategy in US Steel sale: Eight years ago, then-president Barack Obama made a decision that has undermined US standing and influence ...
asiatimes.com/2024/04/biden-places-politics-over-strategy-in-us-steel-sale/
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reuters.com/podcasts/podcast-blinken-china-trump-immunity-haiti-violence-russian-censors-2024-04-25/
🔊 What you need to know today:
-Blinken visits China, warns Beijing over Russia support
-US Supreme Court hears Trump’s immunity case
-Gang violence spreads as ...
reut.rs/3Uhk5D7
Is it too late to invest in the gold rush?: Demand from China drove prices to a record high this month — now many suspect the normal rules no longer apply
ft.com/content/69d46a93-916c-4044-a3c4-f1b5bad2e412
A Way Forward in the India-US Critical Minerals Defense Partnership: They can de-risk supply chains by creating a multilateral knowledge bank ...
thediplomat.com/2024/04/a-way-forward-in-the-u-s-india-critical-minerals-defense-partnership/
Beijing Xinzhida Neurotechnology, a Chinese state-backed company, unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink
reut.rs/4aPv2Tk
US warns China to stop supporting Russia's war on Ukraine during Beijing meeting: The US and China have ramped up diplomatic talks despite major differences on ...
abc.net.au/news/2024-04-27/antony-blinken-warns-china-over-its-support-for-russia-war/103775260
A Chinese student in the US received a 9-month jail term for threatening to cut off the hands of a fellow student at a prestigious music institute over ... Show more
Chinese student jailed in US for threatening to ‘cut off hands’ of activist | Crime News | Al Jazeera
Chinese student jailed in US for threatening to ‘cut off hands’ of activist | Crime News | Al Jazeera
AfD members' connections to Russia and China have dominated the headlines for weeks. Today, at the request of the traffic light coalition factions ... Show more
China’s New Stance on Facial Recognition: A Move Towards Privacy: In a significant policy shift, China has introduced draft regulations to curb the widespread ...
riotimesonline.com/chinas-new-stance-on-facial-recognition-a-move-towards-privacy/
Russian President Vladimir Putin to visit China in May as Moscow seeks to bolster ties with Beijing
scmp.com/news/world/russia-central-asia/article/3260396/russias-vladimir-putin-says-plans-visit-china-may
Why is the AfD so impressed with Russia?: The AfD is fascinated by authoritarian regimes and despises the political system in Germany.
sueddeutsche.de/meinung/afd-putin-russland-china-krah-kommentar-1.6634939
Paid articlePaid China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
To Create a Greener Future, the West Can’t Ignore China: Fighting climate change is a promising area for engagement between Western companies and China. However ...
hbr.org/2024/05/to-create-a-greener-future-the-west-cant-ignore-china
Veteran Hong Kong teacher fired and who lost pension over 2019 unrest Facebook posts wins appeal against ‘harsh and oppressive’ decision
scmp.com/news/hong-kong/law-and-crime/article/3260586/veteran-hong-kong-teacher-fired-and-who-lost-pension-over-2019-unrest-facebook-posts-wins-appeal
Political scientist: Espionage allegations are unlikely to harm the AfD: Few people will reconsider their attitude towards the party, says political scientist ...
stimme.de/ueberregional/deutschland-welt/politik/inland/politologe-spionage-vorwuerfe-afd-politik-russland-china-art-4913588
A Daughter Reflects on What Philadelphia’s Chinatown Meant to Her Mother. - StoryCorps
storycorps.org/stories/a-daughter-reflects-on-what-philadelphias-chinatown-meant-to-her-mother/
Business files class-action suit against Dali managers in bridge collapse: A small business in Baltimore became the first private entity to file a lawsuit ...
washingtonpost.com/dc-md-va/2024/04/25/class-action-lawsuit-filed-baltimore-bridge-dali/
Taiwan’s president-elect appoints new foreign, defense ministers as island faces continued threats | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15246149
#FirstpostAmerica LIVE: Chinese Foreign Minister met US Secretary of State Antony Blinken in Beijing. The two top diplomats discussed the ongoing wars in Gaza and Ukraine ... Show more
Mitch McConnell Wants Military-Spending Buildup After Big Win on Ukraine Aid: The Senate minority leader is pushing to boost defense spending to confront China ...
on.wsj.com/44cEZI9
These are the countries where TikTok is already banned: TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of ...
apnews.com/article/tiktok-bytedance-ban-china-india-376f32d78861e14e65ec4bc78e808a0d
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Espionage for China: Are critics monitored in Germany?: The suspected spy in the office of AfD politician Krah is also said to have spied on critics of China ...
faz.net/aktuell/politik/inland/spionage-fuer-china-werden-kritker-in-deutschland-ueberwacht-19676570.html
Paid articlePaid
Kilchberg Transit Center More asylum seekers are coming to the former See-Spital: The cantonal transit center in Kilchberg will be larger than originally thought ...
zsz.ch/durchgangszentrum-kilchberg-es-kommen-mehr-asylsuchende-ins-ehemalige-see-spital-156301395266
Paid articlePaid Maximilian Krah: Public Prosecutor General's Office initiates preliminary investigations
t-online.de/nachrichten/deutschland/innenpolitik/id_100393116/maximilian-krah-generalstaatsanwaltschaft-leitet-vorermittlungen-ein.html
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
- The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.
- The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.
- Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.
- On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
Blinken to meet businesses in Shanghai as he kicks off a tough China trip: U.S. Secretary of State Antony Blinken will meet business leaders in Shanghai on ...
reut.rs/3Jx703J
Biden signs massive aid package for Ukraine and Israel, in addition to TikTok ban
scrippsnews.com/us-news/biden-signs-massive-aid-package-for-ukraine-and-israel-in-addition-to-tiktok-ban
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
TikTok and the U.S. government dig in for legal war: The Biden administration has worked to distance itself from past ill-fated TikTok ban attempts ...
washingtonpost.com/technology/2024/04/25/tiktok-legal-battle-is-certain/
Huber on ntv Frühstart: "The AfD is a danger for Germany": The top candidate is no longer acceptable, the AfD is a danger to Germany: clear words from CSU ...
n-tv.de/politik/Die-AfD-ist-eine-Gefahr-fuer-Deutschland-article24896930.html
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
US is reviewing risks of China's use of RISC-V chip technology: The U.S. Department of Commerce is reviewing the national security implications of China's work ...
reuters.com/technology/us-is-reviewing-risks-chinas-use-risc-v-chip-technology-2024-04-23/
Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
ft.com/content/d84df824-19c0-4105-ae95-816dd0618efb
EU Parliament approves ban of products made with forced labour: The European Parliament approved rules on Tuesday to ban in the EU the sale ...
reuters.com/world/europe/eu-parliament-approves-ban-products-made-with-forced-labour-2024-04-23/
North Koreans in China vanish as border reopens: HELONG, China: After fleeing famine in North Korea, Kim Cheol Ok laid low in China for decades - until a doomed ...
channelnewsasia.com/asia/north-koreans-vanish-china-border-reopens-escape-4290816
These are the countries where TikTok is already banned: TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of ...
apnews.com/article/tiktok-bytedance-ban-china-india-376f32d78861e14e65ec4bc78e808a0d
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reuters.com/podcasts/podcast-tiktok-countdown-trumps-foreign-courters-boeing-plastic-divide-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
The Chinese gov't has issued its highest-level rainstorm warning and evacuated more than 100,000 people as heavy rain continues to lash the south of the ... Show more
Highest-level rainstorm warning issued in south China’s Guangdong | Floods News | Al Jazeera
Highest-level rainstorm warning issued in south China’s Guangdong | Floods News | Al Jazeera
US solar panel firms file lawsuit to fight China's cheap solar panels: US solar companies accused Chinese firms in Southeast Asia of dumping cheap solar panels ...
businessinsider.com/us-fights-back-china-cheap-solar-panels-2024-4
China taking preventative measures to head off US secondary-sanction threat: Russia’s economy is feeling squeezed.
eurasianet.org/china-taking-preventative-measures-to-head-off-us-secondary-sanction-threat
China envoy calls on U.S. to define 'national security boundaries': WASHINGTON -- China's ambassador to the U.S. has called out Washington ...
asia.nikkei.com/Politics/International-relations/US-China-tensions/China-envoy-calls-on-U.S.-to-define-national-security-boundaries
Paid articlePaid Blinken says genocide in Xinjiang is ongoing in report ahead of China visit: Beijing is continuing to commit genocide and crimes against humanity against Uyghurs ...
reuters.com/world/blinken-says-genocide-xinjiang-is-ongoing-report-ahead-china-visit-2024-04-22/
China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
Germany sees spike in Chinese and Russian espionage: Six suspected spies have been arrested in quick succession. Security services see links to the war against ...
dw.com/en/germany-sees-spike-in-chinese-and-russian-espionage/a-68901355
First on ARD, now on ZDF: Maybrit Illner invites Tino Chrupalla for a discussion: Under the title "Russia, China, espionage - does the AfD represent German ...
tagesspiegel.de/kultur/erst-in-der-ard-nun-im-zdf-maybrit-illner-ladt-tino-chrupalla-zum-gesprach-11566889.html
Taiwan happy with US aid package, China objects to arms sales: Taiwan President Tsai Ing-wen said on Wednesday she was happy the U.S. Congress had passed a ...
reuters.com/world/asia-pacific/taiwan-happy-with-us-aid-package-china-objects-arms-sales-2024-04-24/
Blinken visits Beijing: now the US wants to sanction Chinese banks: The threat from Washington is already affecting payment transactions between Russia and China ...
berliner-zeitung.de/wirtschaft-verantwortung/blinken-besucht-peking-jetzt-wollen-die-usa-chinesische-banken-sanktionieren-li.2208744
Victims of China floods race to salvage property: QINGYUAN: Victims of severe floods in southern China raced on Wednesday (Apr 24) to salvage property from the ...
channelnewsasia.com/asia/victims-southern-china-rain-floods-guangdong-race-salvage-property-4288016
US overtakes mainland China as Taiwan’s main export market, sign of ‘strategic shift’ amid tech decoupling
scmp.com/economy/global-economy/article/3260212/us-overtakes-mainland-china-taiwans-main-export-market-sign-strategic-shift-amid-tech-decoupling
Solomon Islands election yields no majority for pro-China party: SYDNEY -- Neither advocates nor opponents of a security pact with Beijing won a majority in the ...
asia.nikkei.com/Location/Oceania/Pacific-Islands/Solomon-Islands-election-yields-no-majority-for-pro-China-party
‘Audio deepfake’ of Marcos Jnr ordering military action against China prompts Manila to debunk clip
scmp.com/week-asia/politics/article/3260229/audio-deepfake-marcos-jnr-ordering-military-action-against-china-prompts-manila-debunk-clip
Where king dollar is causing pain the most: A dollar surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers ...
reut.rs/4b6jIC7
Chinese tourist reunites with Thai rescuers after being pushed off cliff by husband in 2019
scmp.com/week-asia/people/article/3260202/chinese-tourist-reunites-thai-rescuers-after-being-pushed-cliff-husband-2019
Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States ... Show more
Tesla cuts prices in China, Germany and around globe after US cuts | Reuters
Tesla cuts prices in China, Germany and around globe after US cuts | Reuters
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
'VERY TARGETED': Why FCC Commissioner says TikTok forced sale will be a huge national security step. TikTok's forced sale from China will be 'most significant' national security step, says FCC commissioner | Fox Business
Germany arrests staffer at E.U. Parliament over China spying suspicion: The arrest comes amid mounting concern in Europe over Chinese espionage activity.
washingtonpost.com/world/2024/04/23/european-parliament-arrest-china-spying-afd/
Quick Glance: German Far-Right MEP's Aide Arrested for Alleged Chinese Espionage
- The individual named Jian G. stands accused of sharing information about negotiations at the European Parliament with a Chinese intelligence service and spying on Chinese opposition figures in Germany, according to federal prosecutors.
- Jian Guo is listed as an accredited assistant to MEP Maximilian Krah, the far-right AfD party's lead candidate for the upcoming EU-wide elections on the European Parliament's website.
- The suspect was apprehended in Dresden on Monday and authorities conducted searches at his residences.
- Expressing concern, the AfD addressed the allegations.
Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV?
@EdLudlow reports Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024 - Bloomberg
Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
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