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13.02.26 - 23:30
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Hollywood shaken by Brad Pitt-Tom Cruise fight video made with Chinese AI: ′over for us′ (SCMP)
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A viral AI-generated video of Brad Pitt and Tom Cruise fighting atop a building is causing a stir online.
The 15-second video comes from the latest AI video-generation platform, Seedance 2.0. The platform was launched this week by its owner, ByteDance, the same Chinese parent that oversees TikTok.
As the video circulates online, the Motion Picture Association and other industry stakeholders have called out the video for its unauthorised use of copyrighted works.
MPA's CEO, Charles Rivkin, wrote......
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13.02.26 - 22:01
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US Pulls List of Tech Firms Linked to China′s Military | Bloomberg Tech 2/13/2026 (Bloomberg)
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Bloomberg's Caroline Hyde and Ed Ludlow discuss earnings from Rivian, Coinbase, Instacart, and Airbnb. Plus, the US Defense Department added Alibaba, Baidu and others to a list of firms it says are connected to the Chinese military and then pulled the list from its website. And Anthropic raises $30 billion in funding, doubling its valuation to $380 billion. (Source: Bloomberg)...
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13.02.26 - 16:36
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Beijing pastry shop overrun by shoppers after Xi Jinping′s visit (The Guardian)
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Customers flock to Daoxiangcun to pick up cakes selected by the president during lunar new year tour around cityA Beijing pastry shop visited by the Chinese president, Xi Jinping, on a lunar new year tour this week has been swarmed by customers hoping to get their hands on Xi-approved sweet treats.Traffic was brought to a standstill in Beijing's capital as the president took a tour around the city on Monday and Tuesday. Continue reading......
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13.02.26 - 16:12
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Chinese Brands Are Stealing the Show in Luxury Retail (Bloomberg)
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Chinese manufacturers are increasing pressure on Western luxury brands, as consumers grow more skeptical about the value of traditional high-end products.
Lauren Sherman, business journalist and host of the Fashion People podcast, joins Max Chafkin and Stacey Vanek Smith on the Everybody's Business podcast to talk about why companies like outerwear giant Bosideng are winning over global consumers. (Source: Bloomberg)...
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13.02.26 - 15:18
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China′s Meituan warns of US$3.5 billion loss amid intense food delivery price war (SCMP)
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China's food delivery giant Meituan on Friday warned that it expected to post a loss of up to 24.3 billion yuan (US$3.5 billion) for 2025 due to “intense industry competition”, with the slump likely to persist this year.
The sharp reversal from 2024, when the company posted a profit of 35.8 billion yuan, comes on the back of one of China's most intense price wars last year between Meituan, Alibaba Group Holding and JD.com in local e-commerce and food delivery, which only subsided after......
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13.02.26 - 14:06
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Chinese power line projects seek private capital in sign of infrastructure shift (SCMP)
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In the latest sign of China's push to channel private capital into infrastructure, several local governments have begun actively seeking private investors for two major ultra-high-voltage power line projects – the first schemes of their kind to open up to non-state funding since a Beijing directive encouraging the practice last November.
China is building a series of vast power lines to funnel clean energy from its resource-rich but sparsely populated western regions to power-hungry industrial......
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