Market Tech

China Overtakes South Korea As World’s Top Spot for “Shipbuilding Competitiveness”

China Overtakes South Korea As World’s Top Spot for “Shipbuilding Competitiveness”

pgnewser May 16, 2024

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Excerpt from english.hani.co.kr

One of Korea’s top three shipyards, located in Geoje, South Gyeongsang Province. (Yonhap)

Reports have shown that China’s competitiveness in the shipbuilding sector has, for the first time, surpassed that of South Korea. While Korea’s shipbuilding industry is booming thanks to a string of orders for liquefied natural gas (LNG) carriers, alarm bells are ringing over China’s rising competitiveness. The alarms also serve as a warning: Measuring competitiveness by total orders or specific orders of vessels alone may be misleading.

In a report released Monday, the Korea Institute for Industrial Economics and Trade (KIET) said that South Korea had “ceded its top spot in the shipbuilding industry’s value chain competitiveness to China in 2023.”

The report concerned the lagging competitiveness of South Korea’s shipbuilding value chain and explored possible directions for South Korea’s maritime strategy going forward.

RATCLIFFE: How U.S. Patent Litigation Threatens National Security– dailycaller.com

RATCLIFFE: How U.S. Patent Litigation Threatens National Security– dailycaller.com

pgnewser May 16, 2024

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Excerpt from freedomist.com

John Ratcliffe, the former Director of National Intelligence from 2020 to 2021 is warning the federal government about the current state of America’s patent courts, which are allowing foreign nationals to exploit American technology and sabotage American businesses.

Disney and Warner Bros. Discovery Look to Merge the Streams

Disney and Warner Bros. Discovery Look to Merge the Streams

pgnewser May 16, 2024

Disney and Warner Brothers Discovery have announced plans to merge three streaming services, Disney +, Hulu, and Max. The new streaming giant hopes to be unveiled at the start of summer 2024.

Joe Earley, President, Direct to Consumer, Disney Entertainment, said of the merger “On the heels of the very successful launch of Hulu on Disney+, this new bundle with Max will offer subscribers even more choice and value. This incredible new partnership puts subscribers first, giving them access to blockbuster films, originals, and three massive libraries featuring the very best brands and entertainment in streaming today.”

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Excerpt from www.jedinews.com

As the streaming wars hot up, Disney Entertainment and Warner Bros. Discovery have announced a new streaming bundle that includes Disney+, Hulu and Max, available this Summer in the USA, providing subscribers with an unprecedented selection of content.

Disney Entertainment and Warner Bros. Discovery announced a new streaming bundle that includes Disney+, Hulu and Max. Beginning this Summer in the U.S, the streaming services will be offered together, providing subscribers with the best value in entertainment and an unprecedented selection of content from the biggest and most beloved brands in entertainment including ABC, CNN, DC, Discovery, Disney, Food Network, FX, HBO, HGTV, Hulu, Marvel, Pixar, Searchlight, Warner Bros., and many more.

The new bundle will be available for purchase on any of the three streaming platform’s websites and offered as both an ad-supported and ad-free plan.

 

Facebook Traffic to News Sites Plummets by 50% in the Past 12 Months

Facebook Traffic to News Sites Plummets by 50% in the Past 12 Months

pgnewser May 15, 2024

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Excerpt from tribune.com.pk

Facebook’s referral traffic for major news publishers down by 50%

Chartbeat and Similarweb reveal significant decline in referral traffic from prominent media outlets worldwide

Major internet analytics firms claimed that the data showed Facebook’s referral traffic for major news publishers was down by 50% in 12 months, according to a report published in Press Gazette.

According to the report, Google’s first core algorithm update of 2024 did not favour the vast majority of publishers, as hundreds of news media groups experienced a gradual decline in referral traffic, even up to 50%.

News publisher analytics firm Chartbeat and digital intelligence platform Similarweb tracked some 792 news and media websites. Chartbeat reported that referrals from social media platforms, particularly Facebook, have witnessed a steep decline. Over the past six years, there’s been a staggering 58% plunge in referrals to news sites, dropping from a whopping 1.3 billion in March 2018 to just 561 million last month.

Elon’s China over India Choice Gets Warning from Vivek Wadhwa

Elon’s China over India Choice Gets Warning from Vivek Wadhwa

pgnewser May 14, 2024

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Excerpt from www.ndtv.com

“Warned Elon Musk” Against Picking China Over India: Entrepreneur Vivek Wadhwa

Indian-American academic, entrepreneur and author Vivek Wadhwa on Monday said that he had warned the Tesla and SpaceX CEO Elon Musk not to pick China as they would “rob him blind” and instead asked him to consider moving manufacturing to India.

Quoting the Director of Centre for Russia Europe Asia Studies, Theresa Fallon, in a post on X, who said that US and European automakers are failing in China because “they were looking only for short-term gain and transferring technology, management techniques and know-how to China,” Vivek Wadhwa said that he had “exchanged emails with Musk about the risks in China a few years ago.”

… “Elon is going to be the biggest loser here. I warned him they would rob him blind and urged him to consider moving manufacturing to India instead, where he would have dominated the market by now,” he wrote.

AI is Learning that Lying Gets the Job Done – freedomist.com

AI is Learning that Lying Gets the Job Done – freedomist.com

pgnewser May 14, 2024

A recent paper from the Massachusetts Institution of Technology (MIT) suggests Artificial Intelligence (AI) is learning how to use various forms of deception to achieve the goals they were programmed to complete.

Peter S. Park, the paper’s author, said of the paper, ‘Generally speaking, we think AI deception arises because a deception-based strategy turned out to be the best way to perform well at the given AI’s training task. Deception helps them achieve their goals.”

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Excerpt from freedomist.com

A recent paper from the Massachusetts Institution of Technology (MIT) suggests Artificial Intelligence (AI) is learning how to use various forms of deception to achieve the goals they were programmed to complete.

Elon Musk Aims To Deploy Tesla Robotaxis In China: Report– news.abplive.com

Elon Musk Aims To Deploy Tesla Robotaxis In China: Report– news.abplive.com

pgnewser May 9, 2024

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Excerpt from news.abplive.com

Tech billionaire Elon Musk, the CEO of Tesla, aims to implement his company’s Full Self-Driving (FSD) technology into robotaxi services in China, according to a report by staterun China Daily. Last month, the Tesla CEO made an unexpected trip to China, where he had a meeting with Premier Li Qiang, the country’s second-highest-ranking politician.

According to news agency Bloomberg, Musk, whose company is facing sluggish sales, received a significant boost when Chinese officials gave their initial approval for Tesla to introduce its FSD technology in the country. However, according to the report from China Daily, that wasn’t the sole topic of discussion.

The report, citing sources familiar with the matter, reported that the Chinese government also offered partial backing to Musk’s proposal to integrate Tesla’s FSD technology into the country’s taxi services.

Musk’s wager on fully autonomous vehicles isn’t particularly unexpected, given the recent shifts he’s made to reorient the automaker as a software company.

Facebook will now let your business create entire ad campaigns using AI– www.techradar.com

Facebook will now let your business create entire ad campaigns using AI– www.techradar.com

pgnewser May 9, 2024

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Excerpt from www.techradar.com

In an effort to give businesses the best tools for success (but more importantly, to keep up with the likes of Google), Meta has unveiled new generative AI features for advertisers on its platforms.

The upgrades, which are set to roll out over the course of this year, will include full image and text generation capabilities.

Besides improving efficiency by automating certain parts of the ad creation process, Meta also says that its GenAI features will help to improve ad performance by offering up more creative variations.

The most eye-catching addition will be Meta’s image generation tool, which offers advertisers the ability to generate full image versions inspired by their original ad content. The tool includes text overlay capabilities and a handy image expansion feature to make adjusting the aspect ratio of an image easier.