China last year imported more chips and chip-manufacturing equipment from other Asian countries as the U.S. stepped up its effort to restrict the sales of key American technology products to Chinese companies, Bloomberg reported, citing trade data. Chinese businesses last year bought almost $32 billion worth of chip-manufacturing equipment from Japan, South Korea, Taiwan and elsewhere, up 20%...
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The Real CNN Drama is Cable News' Growing Irrelevance
To paraphrase Tolstoy, each unhappy TV channel is unhappy in its own way. And as illustrated by the leadup to the Wednesday exit of CNN’s CEO, Chris Licht, the cable news channel hasn’t been a happy place lately. That’s not likely to change now that Licht is gone. Beyond the gossipy drama behind his departure is the reality that CNN and its corporate parent, Warner Bros. Discovery, are both...
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