Cathie Wood, the CEO of Ark Invest, has made a strategic decision to completely eliminate her flagship innovation fund’s exposure to China. This move comes as the Chinese market experiences an economic slowdown. Wood, known for her tech investments, has chosen to consolidate her portfolio around her favorite bets, such as Tesla, Coinbase, Roku, and …
Apple has officially launched a WeChat Mini Program in China to sell its products, an ingenious move considering the popularity of WeChat as China’s largest messaging app operated by Tencent. This strategic expansion of retail channels demonstrates Apple’s commitment to one of its most crucial markets. With over 1.2 billion users, WeChat is not just …
Japan, known for its innovative technology, is currently falling behind in the race to develop generative artificial intelligence algorithms. Generative AI has become a hot topic in the tech industry, with the potential to significantly boost global GDP. However, Japan is trailing behind the US, China, and Europe in terms of large language model (LLM) …
During a virtual event called Meta Connect, Mark Zuckerberg, the CEO of Meta Platforms Inc., delivered a speech that focused on the future of virtual reality. The event was held on October 11, 2022, and it showcased Zuckerberg’s vision for a virtual future. However, a recent editorial published by a WeChat account affiliated with the …