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Bloomberg
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Toyota's Internal Inertia Stifles Digital Transformation Effort
Inside Toyota Motor Corp., a group of employees are worried about the company's future in an era when a car's software matters just as much as its sheet metal. The world's biggest automaker is known for churning out reliable cars like clockwork, but it's been struggling to keep up with Elon Musk's Tesla Inc., China's BYD Co. and other frontrunners in the industry's shift toward electric vehicles with sophisticated software.
Yahoo
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Global Gains, Local Taxes: China Tightens Rules on Overseas Stock Profits
Mainland Chinese investors riding the U.S. bull marketfrom Tesla (NASDAQ:TSLA) to Microsoft (NASDAQ:MSFT)are getting unexpected phone calls. Local tax authorities have started enforcing a long-ignored rule: a 20% levy on global capital gains and dividends. If you've spent more than 183 days a year in China, you're a tax residentand now, you're on the hook. The rule isn't new. But for years, Beijing looked the other way. That's changing fast. Warning! GuruFocus has detected 7 Warning Signs with TSN. What's triggered the clampdown? For starters, China needs cash. The central government raised its 2024 budget deficit to the highest in over three decades. Meanwhile, U.S. markets have soaredup over 60% since early 2022making now a tempting time to reel in offshore profits. China has had access to overseas bank data since it joined the OECD's Common Reporting Standard in 2018. In Hong Kong, banks routinely report account details for clients flagged as Chinese tax residents. Until recently, that information sat quietly. Now, it's being put to work. But not all investors are affected equally. Those trading Hong Kong stocks via the Stock Connect program remain exempt from capital gains taxat least through 2027. Domestic trades are still tax-free too. That policy protects China's capital markets, even as the net tightens around overseas profits. For investors caught off guard, the sting is real. Unlike in the U.S., they can't offset past losses to reduce the bill. The message from Beijing is subtle but serious: if you've made money abroad, now's the time to settle up. This article first appeared on GuruFocus. Inicia sesión para acceder a tu portafolio
Yahoo
28 minutes ago
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iOS 26 public beta release date tipped for this week — here's what we know
When you buy through links on our articles, Future and its syndication partners may earn a commission. A reputable source has suggested that Apple's iOS 26 public beta could be coming as soon as tomorrow. Bloomberg's Mark Gurman stated on social media last week that the public beta was likely to arrive either on or around July 23. In his most recent Power On newsletter, Gurman stated that 'All indications are that iOS 26 should go into the public beta phase this coming week.' Even though there's still no sighting of it, the rumors still hint at release sometime this week. So far, Apple's iOS 26 has been in development beta, designed for professionals to test out their apps and hunt down bugs. The next step is the public beta, which, as it is widely available, gives Apple a much larger test sample. In fact, Apple pushed out an iOS 26 beta 4 update recently that injects more of its new Liquid Glass design to many parts of the interface. We haven't received any official word on when we can expect the public beta for iOS 26 outside of it happening in July. However, it seems that we might not have long to wait at all. We'd also expect that, alongside the release of iOS 26's beta, we'll also see the public betas for macOS 26, iPadOS 26 and the other new software versions announced at WWDC 2025. If you want to sign up to be one of the beta testers, all you need to do is become a member of the Apple Beta Software program, where you will gain access for free. However, before signing up, we recommend that you back up all your data so you can easily revert to the older OS. The issue is that, while public betas are usually more stable than developer betas, there are still many bugs. These can be especially common in apps you use daily, and can make it impossible to use your phone normally, or put your data at risk. What's coming in iOS 26? iOS 26 is one of the biggest updates in the iPhone's history, especially visually. iOS 26 introduces users to the new Liquid Glass design language that adds a sense of transparency to your home screen, menus and lock screen. While there have been some complaints about readability, Apple has been working to solve this throughout the developer beta. The update brings big changes to your Photos app, including a new design that reintroduces the Library and Collections tabs for easier navigation. iOS 26 also introduces a battery life upgrade with a new adaptive power mode that aims to extend the battery life of the best iPhones, plus older models going back to the iPhone 11 series. For the time being, we'll have to wait and see what Apple reveals in the next few days. If Apple does release the new beta this week, then we will be sure to update you with the details of how to access it. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button. More from Tom's Guide Your iPhone Notes app has a secret messaging feature — here's how to use it iPhone 17 Air battery leak looks like worst case scenario iPhone Fold battery and price just leaked — this could blow away Galaxy Z Fold 7