Category: Semafor

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China medtech exports surge, challenging global incumbentsChina medtech exports surge, challenging global incumbents

Chinese medical equipment makers are increasingly challenging US, European, and Japanese competitors in hospitals around the world, extending Beijing’s technological prowess to yet another industry. While treatment centers long relied on machines from GE, Siemens, and Philips, some are now embracing machines like Shanghai-based United Imaging Healthcare’s CT scanners, which ...

US Treasury Secretary Bessent dismisses AI bubble fearsUS Treasury Secretary Bessent dismisses AI bubble fears

US Treasury Secretary Scott Bessent on Wednesday dismissed the possibility of “systemic” economic risks stemming from the AI boom, the Financial Times reported, as a global tech selloff fueled by AI spending fears continued into Thursday. Meta stock plunged after the hyperscaler drifted into negative free cash flow, while China ...

Paid parental leave doesn’t strain most employers, survey findsPaid parental leave doesn’t strain most employers, survey finds

Employers might be overestimating the downsides of offering paid parental leave and underestimating the costs of losing employees by foregoing it, argues economist Emily Oster in a new report based on research she conducted with the advocacy group Healthy Moms, Healthy Babies America. A survey of employers in four states ...