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Tech

Tesla cars barred from entering Chinese coastal region

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Tesla cars will be barred from entering a Chinese coastal district for at least two months

A Chinese region is banning Tesla cars at a site that is holding an annual leadership summit.

This move comes just weeks after a similar ban was imposed in the city of Chengdu when Chinese President Xi Jinping visited the area.

In 2021, the Chinese military banned Tesla’s from entering its complexes altogether. The decision came over fears the cameras installed on the vehicles were being used for spying purposes.

Tesla boss Elon Musk has long denied these claims, saying his company would be banned from China completely if the allegations were true.

The coastal city where the retreat will be held is a beach resort east of Beijing. It is known for hosting China’s most influential leaders on an annual basis.

The attendees will reportedly discuss personnel’s political moves and policy ideas behind closed doors.

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Leaders

Brazil bans X in a sign of politics and tech colliding

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Brazil top court justices to vote on a total ban of Elon Musk’s X social media platform in the region.

X was taken down in Brazil, one of its largest markets, following a decision by Justice Alexandre de Moraes, who has been locked in a months-long feud with Elon Musk. #featured #trending

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Shows

Experts provide key strategies to safeguard businesses in the face of cyber threats

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Exploring the causes of the Crowdstrike outage, the potential for exploitation, and strategies for strengthening your corporate security posture.

The Tech Edge is a captivating business IT talk show delving into the latest industry trends and their significance in today’s landscape.

Hosted by Director of Information Management of AvePointAlyssa Blackburn.

In this episode, Alyssa is joined by Dan Weis, Practice Lead at Nexon. #tech edge

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Money

Nvidia loses $200 billion in market value, AI interest drops

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Nvidia’s latest financial forecast has sent ripples through the tech industry, particularly impacting AI-related stocks.

The company’s projections, which fell short of analysts’ expectations, reflect broader concerns about the future growth of AI technologies.

Investors, previously optimistic about Nvidia’s pivotal role in AI development, are now cautious amidst signs of potential slowdown in demand. #featured #trending

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