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US JOB OPENINGS SLIDE TO 14-MONTH LOW
U.S. job openings dropped to a 14-month low in November while hiring resumed its sluggish tone, pointing to ebbing demand for labor amid policy uncertainty related to import tariffs and the integration of artificial intelligence in some work roles. Despite the larger-than-expected decline in job postings reported by the Labor Department on Wednesday, employers remained hesitant to carry out mass layoffs, keeping the labor market in what economists and policymakers call a "no
6 days ago1 min read


AUTO INDUSTRY EXPANDS OPEN-SOURCE PACT TO BOOST DEVELOPMENT AND CUT COSTS
More than 30 companies across the automotive supply chain have agreed to collaborate on open-source software to develop next-generation cars and cut costs, the German industry lobby behind the initiative said on Wednesday. Germany's VDA announced the expansion of the initiative at the CES trade show in Las Vegas, where carmakers and suppliers are betting on AI and software to revive an industry struggling with slow progress and high costs. Learn More
6 days ago1 min read


CHINA ASKS TECH FIRMS TO HALT ORDERS FOR NVIDIA'S H200 CHIPS
Beijing has asked some Chinese tech companies to halt orders for Nvidia's H200 chips this week, and is expected to mandate domestic artificial intelligence chip purchases. Nvidia has been caught between Washington and Beijing, as the United States tightens controls on exports of advanced semiconductors used in AI, while Chinese companies seek to reduce reliance on U.S.-designed chips. Learn More
6 days ago1 min read
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