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EssilorLuxottica shares jump after reports that Meta bought 3pc stake

EssilorLuxottica shares jump after reports that Meta bought 3pc stake

The Standard9 hours ago
A Meta logo is pictured at a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024. REUTERS/Annegret Hilse/File Photo/File Photo
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Lavrov, Rubio discuss restoring economic ties
Lavrov, Rubio discuss restoring economic ties

RTHK

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  • RTHK

Lavrov, Rubio discuss restoring economic ties

Lavrov, Rubio discuss restoring economic ties The Kremlin says the two top diplomats "confirmed their mutual desire to find peaceful solutions to conflicts". Photo: Reuters Russian Foreign Minister Sergei Lavrov and US Secretary of State Marco Rubio discussed the situation in Ukraine as well as in Iran and Syria at a meeting in the Malaysian capital on Thursday, the Russian Foreign Ministry said. "A substantive and frank exchange of views took place on the settlement of the situation around Ukraine, the situation around Iran and Syria, as well as a number of other international issues," the ministry said in a statement. Lavrov and Rubio "confirmed their mutual desire to find peaceful solutions to conflicts, restore Russian-American economic and humanitarian cooperation, and facilitate unimpeded contacts between the societies of the two countries." Constructive dialogue between Moscow and Washington will continue, the Russian ministry said. Rubio said he had a frank and important conversation with his Russian counterpart on the war in Ukraine. The Secretary of State said he reinforced US President Donald Trump's disappointment that there has not been more flexibility on the Russian side. "We need to see a roadmap moving forward about how this conflict can conclude," Rubio said after the 50-minute meeting on the sidelines of the Asean conference. (Reuters)

China's AI acumen, vision to be showcased at WAIC in Shanghai amid fierce race with US
China's AI acumen, vision to be showcased at WAIC in Shanghai amid fierce race with US

South China Morning Post

timean hour ago

  • South China Morning Post

China's AI acumen, vision to be showcased at WAIC in Shanghai amid fierce race with US

China is set to showcase its artificial intelligence (AI) prowess, as well as its vision of how to manage the disruptive technology, at a conference in Shanghai as the country is stepping up its competition against the US for AI supremacy. The annual three-day World Artificial Intelligence Conference (WAIC), which starts on July 26, would showcase more than 3,000 hi-tech products, 40 large language models, 50 AI-powered devices and 60 intelligent robots, according to the organisers. Most of the displayed AI solutions and products were developed by Chinese institutions and businesses, they added. A high-level meeting on global AI governance will be held in tandem with the conference to promote Beijing's view on how to regulate AI. In particular, the event would push 'Chinese wisdom' to the world by promoting China's open-source approach to AI, which has gained momentum thanks to models from DeepSeek and Alibaba Group Holding , said Du Guangda, an official from the Ministry of Industry and Information Technology, at a briefing in Shanghai on Thursday. The WAIC, hosted by Chinese government ministries and the Shanghai municipal government, has become a key venue for China to ramp up its relevance and influence in the international AI industry. In his speech at the G20 leadership summit in Brazil in November, President Xi Jinping invited the G20 members to attend the conference. The gathering this year would attract 800 enterprises, including Siemens and Schneider, according to the briefing, though organisers have not yet released a detailed list of participants and speakers. In past years, the speaker list included Alibaba founder Jack Ma, Tencent Holdings' chairman Pony Ma Huateng and Tesla founder and CEO Elon Musk, who attended in person in 2019 and delivered video speeches in 2020 and 2023. Premier Li Qiang attended the opening ceremony and delivered a keynote speech in 2024.

DeepSeek, Unitree Robotics host head of China's state-owned firm regulator on Zhejiang tour
DeepSeek, Unitree Robotics host head of China's state-owned firm regulator on Zhejiang tour

South China Morning Post

time2 hours ago

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DeepSeek, Unitree Robotics host head of China's state-owned firm regulator on Zhejiang tour

As part of his two-day visit to east Zhejiang province, where the two companies are based, Zhang aimed to learn from the two companies about 'how enterprises effectively gather innovative resources and stimulate vitality in the field of AI', according to an original statement released on SASAC's website on Thursday. However, an updated version of the statement omitted any mention of DeepSeek. Neither SASAC nor DeepSeek immediately responded to a request for comment. Zhang also toured research centres and manufacturing facilities belonging to the state-owned China Electronics Technology Group and China Electronics, with a focus on how Internet-of-Things, AI and Big Data technologies enhance these companies' operations. Zhang Yuzhuo, director of the State-owned Assets Supervision and Administration Commission. Photo: Handout He said state-owned enterprises (SOEs) should learn from the agile innovation practices of private firms and improve their employee evaluation systems to prioritise innovation, capability and contribution, according to the SASAC statement.

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