Topic: government intervention
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Tesla and BYD Lose Ground with Chinese EV Buyers
Tesla's sales in China have declined for two consecutive months, with an 8.4% drop in July and a 4% year-on-year decrease in August, indicating growing challenges in a key market. BYD, Tesla's main rival in China, also saw a sharp 30% fall in quarterly profits due to government intervention endin...
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Y Combinator Alleges Google Is Hurting Startup Growth
Y Combinator accuses Google of stifling innovation by creating a "kill zone" that discourages VC investment in competing startups, particularly in web search and AI. The startup accelerator proposes reforms like ending Google's default search deals with Apple and opening access to its search inde...
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