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May 8, 2025 Why Apple's Road to 'Made in India' is Longer Than it Looks Apple beat fiscal Q2 expectations but warned of uncertainty ahead due to US-China trade tensions. To hedge risks, it's ramping up production in India and Vietnam, though infrastructure, workforce, and supply chain challenges complicate the shift. Digitimes May 8, 2025 Foxconn unit to make EVs for Mitsubishi Foxtron, a Foxconn subsidiary, signed an MoU with Mitsubishi Motors to develop and supply an EV model launching in Australia and New Zealand by 2026. The deal signals Foxconn's strategic push into higher-margin EV manufacturing. Tech in Asia May 8, 2025 The more Trump talks about making trade deals, the more confusing the tariff picture gets President Trump's chaotic trade strategy hinges on "strategic uncertainty," heavy tariffs, and vague deal promises. Despite touting upcoming agreements, his shifting positions and unilateral actions leave allies confused and markets rattled, fueling volatility and global economic unease. AP News May 8, 2025 Trump digs in on high China tariffs ahead of trade talks President Trump rejected any rollback of 145% tariffs on China ahead of key trade talks, insisting the duties remain in place. He emphasized U.S. gains, while China reaffirmed opposition to the tariffs ahead of the Switzerland meeting. CNBC May 8, 2025 AI vs. AI: Both Friend and Foe in Cybersecurity At GISEC 2025, cybersecurity leaders spotlighted AI as both threat and defense, urging stronger safeguards amid rising attacks. The UAE faces over 200,000 daily cyber threats, while agentic AI and overlooked infrastructure vulnerabilities deepen the global cybersecurity challenge. EE Times May 8, 2025 5 Ways CEOs Can Assess and Reset Their Company Culture Great CEOs treat company culture as a constant priority, especially in turbulent times. They spot warning signs early, lead with transparency, foster collaboration, and stay engaged—using five key strategies to reset culture and drive long-term performance and morale. Entrepreneur May 8, 2025 Trump talks tough on China, but is focused elsewhere Frustrated by stalled Ukraine diplomacy, Secretary of State Marco Rubio urged renewed focus on China, calling it the top U.S. geopolitical threat. Despite Trump's harsh tariffs, critics say his administration lacks a clear strategy to counter Beijing. Taipei Times May 8, 2025 Alphabet shares sink 7% after Apple's Cue says AI will replace search engines Alphabet and Apple shares dropped after Apple's Eddy Cue testified that AI tools like OpenAI and Perplexity could replace Google Search. Cue's remarks, part of a federal antitrust trial, raised doubts about their multi-billion-dollar search partnership. CNBC |
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