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Is the U.S. desperately trying to make China happier after trips to Taiwan?

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Another big-name U.S. official is heading to China. First, it was Secretary of State Antony Blinken a few weeks ago, now Treasury Secretary Janet Yellen will be making the trip

 
U.S. Treasury Secretary Janet Yellen will be visiting Beijing from July 6-9 to meet with senior Chinese officials on a range of issues, including U.S. concerns over China’s counterespionage laws.

Her’s is the second trip of a high-ranking U.S. official in a matter of weeks, following Secretary of State Antony Blinken’s trip just weeks ago.

These two trips stand in contrast to the recent diplomatic norm where U.S. officials would be more likely to visit Taiwan, the self-proclaimed independent nation state off the coast of China.

Speaker of the house Kevin McCarthy visited the territory earlier this year, and his predecessor Nancy Pelosi did so in 2022.

Both visits brought strong condemnation from the Chinese government, and Blinken and Yellen’s trips may reflect a change in tactic by Washington to ease tensions between the two countries.

Tensions which have only grown in recent years, in no small part due to China’s stance on Taiwan, which China rejects its claims of independence, regarding it as a rebellious part of the larger country.

Business leaders such as Bill Gates and Elon Musk have also begun making the trip to China as well in recent months.

Bruce Wolpe of the U.S. Studies Centre said Yellen’s trip was part of President Biden’s push to stabilise relations between the two countries as he would not want to inadvertently escalate into a military conflict through poor communication.

He also said it would be a good opportunity for Yellen to gauge the strength of China’s economy, which has slowed ever since battling to contain the Covid-19 pandemic.

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Apple removes generative ‘AI’ apps used to make deepfake nudes

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Deepfakes are incredibly realistic, making it difficult to distinguish between real versus manipulated media.

Apple has removed several generative AI apps from the App Store after an online publication discovered the apps could be used to create nonconsensual nude images.

The number of deepfake porn images and videos has rapidly grown on social media—even ensnaring unsuspecting teens as well as public figures like Taylor Swift.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

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Will Boeing’s $10B debt offering help it soar?

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Boeing has reportedly turned to the debt market, aiming to raise $10 billion in a bid to strengthen its financial position.

On this episode of Hot Shots – Boeing turn to the debt market, Paramount CEO leaves, Elon Musk makes an EV breakthrough in China and Apple strikes back against explicit AI app.

Ticker’s Ahron Young and Veronica Dudo discuss.

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New U.S. pilot training program aims to increase pilot diversity and solve shortages

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A partnership is encouraging, recruiting, and educating future African-American pilots with first-rate in-classroom and in-flight instruction.

Leadership In Flight Training Academy – one of the largest flight academies in America – and Tuskegee University – a historically black college – unveiled a new partnership to develop a state-of-the-art flight training program that will prepare the next generation of aspiring pilots from the University for a career in the airline industry.

The program will begin in the Fall of 2024 at the historic Moton Airfield where the legendary Tuskegee Airmen trained.

Matt Koscal, the Executive Vice President and Chief Administrative Officer of Republic Airways Holdings Inc. joins Veronica Dudo to discuss.

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