Tech
tech
Rani Molla

Microsoft is moving most of its production out of China

Microsoft plans to shift the production of the majority of its new hardware, including Surface laptops and data center servers, outside China potentially by early next year, Nikkei Asia reports. It’s the latest effort by Microsoft and other American tech companies, including Amazon, Google, and Apple, to shed some of their dependence on China amid ongoing geopolitical tensions between Washington and Beijing.

A source told Nikkei that Microsoft has asked that at least 80% of the bill of materials for servers, which includes parts, components, and assembly, come from outside China.

A source told Nikkei that Microsoft has asked that at least 80% of the bill of materials for servers, which includes parts, components, and assembly, come from outside China.

More Tech

See all Tech
tech
Jon Keegan

Report: Google DeepMind builds “strike team” to catch up to Anthropic models

Anthropic’s recent momentum, powered by the success of its popular Claude Code tool, is turning up the heat among its AI competitors — not only for its AI startup peer OpenAI, but also with established Big Tech giants like Google.

The Information reports that within Google DeepMind, a “strike team” has been assembled to make a serious push to improve Gemini’s coding capabilities. According to the report, leaders within Google, including cofounder Sergey Brin, are sounding the alarm after determining that Anthropic’s Claude has superior coding skills. The new team’s goal is to create a AI system that can improve itself.

“To win the final sprint, we must urgently bridge the gap in agentic execution and turn our models into primary developers,” Brin wrote in a recent memo to DeepMind staff.

The Information reports that within Google DeepMind, a “strike team” has been assembled to make a serious push to improve Gemini’s coding capabilities. According to the report, leaders within Google, including cofounder Sergey Brin, are sounding the alarm after determining that Anthropic’s Claude has superior coding skills. The new team’s goal is to create a AI system that can improve itself.

“To win the final sprint, we must urgently bridge the gap in agentic execution and turn our models into primary developers,” Brin wrote in a recent memo to DeepMind staff.

$0
Rani Molla

Tesla’s federal tax bill last year was once again $0, Reuters reports. While past losses and green energy credits helped shrink the bill, Reuters found that Tesla also leaned on a classic corporate maneuver: offshore profit-shifting. By routing intellectual property rights through paper-only subsidiaries in the Netherlands and Singapore, Tesla effectively parked $18 billion in profits overseas between 2023 and early 2025. The entirely legal setup saved Tesla an estimated $400 million in US taxes. Not bad for a company whose CEO is not a fan of “shady” tax loopholes.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.