The Tsutaya bookshop chain was once considered a symbol of bourgeois sophistication thanks to its unique focus on literature, lifestyle and selected accessories. But those days are probably over. In Shanghai, a once-popular store in the Moho Mall closed its doors for good last week – and it’s not the only one. Money is tight […]
The Chinese AI start-up DeepSeek is increasingly facing accusations of potential data privacy violations. DeepSeek’s privacy policy is said to have significant gaps that include chat histories, IP addresses, as well as uploaded images and files. DeepSeek is currently attracting much attention for competing with Western AI tools at a fraction of the cost.Italy has […]
In order to better enforce rights against trading platforms and traders from the EU and third countries in the future, the Federal Ministry for Economic Affairs has adopted an action plan for the e-commerce segment. The e-commerce action plan presented to the cabinet on Wednesday is intended to set an example “for fair competition and […]
DeepSeek is said to have used models from OpenAI to train its own AI. OpenAI told the Financial Times that there was some evidence of “distillation” that could have come from DeepSeek. Distillation is a technique used in the development industry to improve performance on smaller models. The results of larger, more powerful ones are […]
The US intelligence agency CIA traces the origin of the coronavirus to a laboratory. A corresponding report was published over the weekend on the orders of President Donald Trump. The paper was prepared under the Biden administration and former CIA Director William Burns and has now been released by his successor John Ratcliffe. Ratcliffe was […]
The traditional travel wave for Chinese New Year is breaking all records this year. The Chinese Ministry of Transport expects that during the 40-day travel period around the festival, a total of nine billion journeys will be made by car, plane or train across the country. Last year, there were 8.5 billion trips.Although the economic […]
Companies should not rely on state support when they suffer losses in business with China. CDU/CSU election frontrunner Friedrich Merz said this on the fringes of a foreign policy speech at the Körber Foundation. It was out of the question for companies to deliberately seek out the risk of investing in China and for the […]
China’s Vice Premier Ding Xuexiang has called for stronger cooperation with the Netherlands to maintain the smooth functioning of global semiconductor supply chains. On April 1, the Netherlands announced stricter export controls on advanced semiconductor equipment. At a meeting with Dutch King Willem-Alexander in The Hague, Ding said that China wishes to strengthen mutual trust.Just […]
