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GZERO Summit on geotech: US-China tech Cold War or “stable tension”?

Just a decade ago, China's rise — accomplished on the back of globalization — was welcomed by most of the world. That has changed over the past five years, especially in the realm of technology.

Now, China and the US, the world's two largest economies, are fighting what many are calling a "new Cold War" on tech, Eurasia Group President Ian Bremmer said during the panel discussion on geotech at the 2020 GZERO Summit in Japan.

Bremmer believes that this conflict won't end globalization but it is a confrontation that could dramatically change the trajectory of globalization as many countries are forced to pick sides on issues like artificial intelligence, data, or 5G.

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Will there be a big tech breakup? Apple likely to announce 5G phone

Watch as Nicholas Thompson, editor-in-chief of WIRED, explains what's going on in technology news:

How likely will big tech companies Apple, Amazon, Facebook, and Google be forced to breakup as recommended by Democrats on the House Judiciary Subcommittee on Antitrust?

I think it's pretty unlikely. I think there will be hearings. I think there will be damages. I think that there will be scrutiny on future mergers. I don't think there will be breakups.

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Trump won't back off TikTok ban; China may react against US tech firms

Ian Bremmer shares his perspective on global politics on this week's World In (More Than) 60 Seconds:

Donald Trump, TikTok, and Microsoft. What's the story?

Well, the story is that this incredibly successful app that teenagers everywhere seem to really love is functionally owned by China, they are based in the Cayman Islands, registered there, but the Chinese government has itself said that TikTok is a Chinese firm. And that means that the United States, which is involved in a technology Cold War with China, has been looking to hit Chinese tech firms and make it much more difficult for them to act in the United States. I remember there was one Chinese firm that was trying to buy Grindr, which is this app where I think, you know, men can meet men for dating and whatnot, and the idea, in Congress especially, saying, "oh, my God, we can't possibly have China having data like that." Well, I mean, same sort of thing.

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