Economic Conditions and Trends

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Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says

Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study SaysThe report from McKinsey comes as a debate rages over the potential economic effects of A.I.-powered chatbots on labor and the economy. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Yiwen Lu

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Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery

Alibaba, Baidu and Tencent Signal First Steps in Bumpy RecoveryThe economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022, though they are likely to face continuing skepticism from investors.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Chang Che Powered by WPeMatico

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Tech Leaders in Israel Wonder if It’s Time to Leave

Tech Leaders in Israel Wonder if It’s Time to LeaveAhead of a judicial overhaul that could transform the country and frighten away investors, the executives of Start-Up Nation are mulling an exodus.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Segal Powered by WPeMatico

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Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts

Google Employees Brace for a Cost-Cutting Drive as Anxiety MountsThe tech giant has so far taken steps to streamline without mass layoffs, but employees are girding for deeper cuts.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Nico Grant Powered by WPeMatico

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Chip Makers, Once in High Demand, Confront Sudden Challenges

Chip Makers, Once in High Demand, Confront Sudden ChallengesDemand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Don Clark Powered by WPeMatico

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Didi of China Moves to Delist From New York Stock Exchange

Didi of China Moves to Delist From New York Stock ExchangeThe ride-hailing giant made an abrupt shift as officials in Washington and Beijing have grown increasingly skeptical of Chinese corporate access to Wall Street’s money.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Paul Mozur Powered by WPeMatico

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Can a Green-Economy Boom Town Be Built to Last?

Can a Green-Economy Boom Town Be Built to Last?The race to make electric vehicles is turning some places into winners. Normal, Ill., is one of them. But it has seen good times go sour in the past.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Noam Scheiber and Akilah Townsend Powered by WPeMatico

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China Called Finance Apps the Best Thing Since the Compass. No Longer.

China Called Finance Apps the Best Thing Since the Compass. No Longer.Beijing’s tech crackdown could imperil the innovation that brought modern finance to underserved people — but also led to concerns about reckless lending and borrowing.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Raymond Zhong Powered by WPeMatico

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Why China Turned Against Alibaba’s Jack Ma

Why China Turned Against Alibaba’s Jack MaThe Alibaba chief paid for pushing back against Beijing. But the shift in attitude also speaks to a growing wealth gap and diminished opportunities for the young.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Li Yuan Powered by WPeMatico

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