article thumbnail

Is Forever 21 going out of business? Stores closing, locations in peril as retailer files for 2nd bankruptcy

Fast Company Tech

stores and hold going-out-of-business sales, there is still a chance for a sale that could keep some operations running. The apparel retailer is seeking a buyer to keep parts of the business alive rather than shutting down completely, although there’s no guarantee that will happen. And while it plans to close its U.S.

Files 120
article thumbnail

Microsoft denies shutting down operations in China

TechNode

Microsoft China denied it would cease operations in the country, after a screenshot of an internal email from Wicresoft, a Microsoft outsourcing partner, fueled speculation about a potential exit. The reported shutdown involves the China-based Microsoft project team under Wicresoft, rather than Microsoft China itself.

China 76
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inside Maye Musk's Cozy Relationship With China

Wired

As Elon Musk continues to expand his political power in the US, his mother has repeatedly traveled to China to speak at events, model for Chinese brands, and promote Tesla.

China 145
article thumbnail

The AI Race Has Gotten Crowded—and China Is Closing In on the US

Wired

New research from Stanford suggests artificial intelligence isnt ruled by just OpenAI and Google, as competition increases across the US, China, and France.

China 143
article thumbnail

Trustworthy leaders drive organizational success in the face of rapid change

Fast Company Tech

Ive conducted some myself, including work on how trust is essential for leaders in cross-cultural business environments. In an expansive study of Chinas fast-paced restaurant industry, my colleagues and I found that leaders who cultivate trust can significantly reduce employee churn and improve organizational performance.

Change 129
article thumbnail

Apple’s concessions in China reportedly include a secret $275 billion deal and one odd change in Maps

The Verge

CEO Tim Cook attends China Development Forum (CDF) 2018 | Photo by Visual China Group via Getty Images/Visual China Group via Getty Images. A report this week from The Information relies on unnamed sources and internal documents to peel back some of the details about Apple’s ties with China.

China 144
article thumbnail

Demand for NVIDIA H20 chips surges as Chinese companies adopt DeepSeek’s AI models: report

TechNode

An insider from a Chinese server manufacturer revealed that small businesses in healthcare and education among other sectors are purchasing AI servers equipped with DeepSeeks AI models and NVIDIA H20 chips. Reuters ]

Model 104