🤝 Apple chatted up Baidu

Apple wants Baidu's help to win over China | Tech bosses sold slices of their own stock | [Finimize](   TOGETHER WITH     Hi {NAME}, here's what you need to know for March 26th in 3:15 minutes.   🥚 Brits are preparing for a big few days – and not the long weekend spent scoffing chocolate eggs. Join us for [How To Build Your ISA Portfolio]( at 5pm UK time tomorrow, and find out how to finesse your tax-free savings before the April deadline. [Grab your free ticket]( Today's big stories - Apple's flirting with Baidu, hoping to create a partnership strong enough to overshadow world politics - It’s the end of an era in Japan, and not everyone’s cheering – [Read Now]( - Major tech leaders sold chunks of their own companies’ stock, with analysts smelling a lot of selling in the air elsewhere Let’s Chat Bots [Let’s Chat Bots] What’s going on here? Apple [initiated]( early discussions with Baidu, with China-approved AI systems top of the agenda. What does this mean? Apple’s in-house AI developments have been gathering dust, so the company’s sidled up to Google and OpenAI in the hopes of partnering up. That might work out across most of the world, but not in China. The country’s government needs to approve each and every AI model before it can roll out in China, see. And despite approving over 40 home-grown systems since last August, the rule-makers haven’t given the green light to a single foreign one. Mind you, there’s no confirmation that any of them have formally tried: the mere thought might’ve been enough to scare them off. Why should I care? Zooming out: The Apple’s falling further from the tree. Whispers are spreading that Apple is chatting up Chinese AI company Baidu, eager to make up ground in the country without dealing with the regulatory admin. That could be a make-or-break conversation. Apple’s already falling behind local competitors like Huawei and Xiaomi in China, with iPhone sales falling 24% this year so far while Huawei’s picked up by 64%, according to Counterpoint Research. Problem is, Samsung’s latest smartphone is already powered by Baidu in China, so Apple will still have a tough time standing out with the same tools. The bigger picture: China’s supporting local businesses. China has upped the ante against US tech companies, no matter whether they make smartphones, operating systems, or run social media sites. The country’s recent [guidelines]( will see American-made chips from Intel and AMD stripped from government computers and servers – the latest part of China’s masterplan to support local companies, instead. Apple, Tesla, Qualcomm, and Intel, you've been warned. You might also like: [Goldman says there's more to the AI boom than Nvidia.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Let’s Chat Bots&utm_campaign=daily-global-26-03-2024&utm_source=email) Analyst Take The Winners And Losers As Interest Rates (Finally) Rise In Japan [The Winners And Losers As Interest Rates (Finally) Rise In Japan]( [Photo of Reda Farran, CFA] Reda Farran, CFA, Analyst The [Bank of Japan]( has finally delivered its first rate hike since 2007. The [once-in-a-generation shift]( will have huge impacts on Japan’s government, companies, banks, households – and currency. So, let’s take a look at who’ll win – and who’ll lose out – as the country steps into a new era. That’s today’s Insight: [the winners and losers as interest rates in Japan finally rise](. [Read or listen to the Insight here]( How to find the trading platform that can maximize your strategy Investing isn’t just about choosing the right stocks: you need to [pick the right trading platform](, too. There are a ton of them out there, all with different available investments, account types, specialisms, trading fees, and long, complicated terms and conditions. But you don’t need to trawl through the fine print to figure it out. We’ve worked with IG to put together [your comprehensive guide to choosing the right trading platform for you](. You’ll find a list of the key considerations you should check, and find out what “good” means in the industry. [Find the trading platform that suits your investment needs](. [Read The Free Guide]( DisclaimerYour capital is at risk. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Sell-By Date [Sell-By Date] What’s going on here? Tech bosses like Bezos and Zuckerberg have sold hundreds of millions of dollars of their companies’ [stocks]( this quarter. What does this mean? Tech stocks have led the markets for the last year, tempting investors to empty their pockets for a fraction of America’s best. And yet, tech leaders like Jeff Bezos, Mark Zuckerberg, and Peter Thiel have been selling their own companies’ stock this quarter. Now it’s true, they’re only selling tiny slivers of their empires, and they might just need a bit of extra cash – yachts aren’t inflation-proof, after all. The fact that they’re all shedding at once, though, suggests that they’ve either spotted more lucrative opportunities elsewhere, or think this is a prime time to prune some profit. Either way, it’s hardly a reassuring trend – especially when analysts point out that the ratio of insiders selling stocks versus buying them is at its highest level since 2021. Why should I care? For markets: If it wasn’t for those dastardly regulators... US tech companies have enough influence, money, and vision to change the world – but regulators aren’t about to let them wield that much power. Any business that’s training AI models will likely be contending with increasingly strict copyright laws soon, limiting the materials they can feed into their bots and forcing any rule-breakers to cough up fines. The European Commission started probing Apple, Google, and Meta on Monday, too, accusing them of anti-competitive practices and playing fast and loose with personal data. The bigger picture: So much for utopia. Tech is claiming more power over the world by the day, and to fuel that, a new data center is built every three days. That means we’re burning through a ton of energy, enough to weigh on the power grid and clog the transition to cleaner energy as those data centers ramp up. Not that anyone’s sure where that green energy is coming from: wind and solar sources need more investment before they’re reliable, while nuclear power is expensive and slow to set up. So if data centers need energy fast, they may well turn to quick and dirty fossil fuels. You might also like: [How to invest in AI](. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Sell-By Date&utm_campaign=daily-global-26-03-2024&utm_source=email) 💬 Quote of the day "You reclaim your power by loving what you were once taught to hate." – Bryant H. McGill (an author and entrepreneur) [Tweet this]( Connect your brand with the next generation of investors Our one-million-strong international [financial community]( has some big plans. Your brand could help them do just that: whether you provide information, tools, or tricks, you could [help retail investors around the world]( make smarter decisions. So [showcase your mojo in this very spot](, and introduce yourself to over a million engaged investors – you might even help us change the world of finance for the better. [Get in touch today.]( [Get Your Name Out There]( 🎯 On Our Radar 1. If Starbucks did soda. Here’s why the world is [making their fizzy drinks even sweeter](. 2. Governments are finding ways to make money from sustainability. You can [do the same](.* 3. Hiking is known for being kind on the wallet. With this trail, you could [come back $5,000 richer](. 4. AI might be savvy, but it's far from infallible. If you want to invest with the tech, [make sure you do it right](.** 5. They say you can’t teach common sense. Scientists are ready to [rewrite that theory with robots](. **See Streetbeat's [disclosures](. When you support our sponsors, you support us. Thanks for that. SPONSORED BY HEALTHWORDS.AI [HEALTHWORDS.AI]( When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🤩 Coming Up Soon... All events are in UK time. 🏦 [How To Build Your ISA Portfolio:]( 5pm, March 26th 💰 [How To Become An ISA Millionaire:]( 5pm, March 27th 💪 [Building Wealthy Women: Investing in Your Future:]( 5pm, April 11th 💥 [A Beginner's Guide To Impact Investing](: 5pm, April 25th 📈 [An Insider's Guide To Success As A Finance Professional](: 5pm, May 14th 🚀 [2024 Modern Investor Summit](: 2pm, December 3rd ❤️ Share with a friend Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: dall-e | lev radin, Frederic Legrand - COM and wiki Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | 280 Bishopsgate, London, EC2M 4AG All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](