Category: Semafor

China’s BYD recorded a 22% year-over-year increase in EV sales in July, marking a third straight month of growth, as overseas gains continued to help offset slumping demand at home. The company must sharply lift its second-half sales to meet its annual goal, Bloomberg noted, as a sluggish Chinese economy ...

FIFA abandoned its plans on Friday to spin off its commercial arm as a $20 billion private entity following a soccer world revolt that has pushed President Gianni Infantino’s leadership to the brink. On Saturday, UEFA — which had threatened to boycott the World Cup — declared victory over the ...

The political arm of advocacy group Care Can’t Wait will launch digital ads in a half-dozen battleground congressional districts next week as part of a six-figure campaign slamming Republicans for the high price of caregiving. The ads, shared first with Semafor, contrast the costs incurred by senior and disability care, ...

The News MILWAUKEE — Democratic Socialists of America revamped its platform ahead of a national summit this weekend in Chicago, shifting some official positions on immigration and democracy, as Republicans try to cast the entire Democratic Party in its mold ahead of the midterms. “We’re getting a lot of attention ...

China’s tech giants are deepening their push into AI for businesses as they look for profitable revenue streams. TikTok owner ByteDance, which boasts the highest annual AI revenue projection among its peers, announced a restructure this week to bring its workplace tool closer to its flagship AI chatbot Doubao, which ...

Google DeepMind unveiled a new model this week that gives humanoid robots finer control over how they interact with objects around them. Promotional videos show a robot doing complicated tasks like tying a trash bag and screwing a small lightbulb, suggesting we’re a step closer to general-purpose robotics — where ...

Americans think robots will start taking people’s jobs in the next five years — but not jobs. That’s the finding of a new nationwide survey, shared exclusively with Semafor, by advisory firm Breakwater Strategy and YouGov. It offers an early snapshot of Americans’ attitudes toward robots in various corners of ...

The Scoop Last summer, YouTube ran an experiment: It had AI select segments of videos to answer users’ searches, like for the “best beaches in Hawaii,” and stitched them into slideshows. In traditional YouTube searches, viewers would see a simple list of videos based on a wide variety of factors, ...

The Scoop T-Mobile’s US executives have told its controlling shareholder, Deutsche Telekom, that they no longer support a proposed $300 billion merger between the two companies, citing both shareholder and potential regulatory concerns, according to people familiar with the matter. Some of T-Mobile’s non-controlling shareholders — generally large institutional investors ...

what’s at stake It’s been a week since President Donald Trump imposed sweeping tariffs on more than 80 countries using a different authority than his levies struck down by the Supreme Court earlier this year. The legal challenges to the new tariffs are already piling up. Experts say the Trump ...