Beijing, China – The Chinese government has recently implemented new guidelines that restrict the use of American-made microprocessors in government servers and personal computers. According to reports, China is aiming to phase out the use of Intel and AMD chips, as well as Microsoft’s Windows operating system and foreign-made database software, in favor of domestic alternatives.

These guidelines, introduced in December, mandate that government agencies above the township level must prioritize “safe and reliable” processors and operating systems when making technology purchases. Both Microsoft and Intel declined to comment on the situation, while AMD has yet to respond to requests for input.

In other news, Boeing, facing increased scrutiny over safety concerns following recent incidents, is under pressure from its largest labor union to secure a board seat. The International Association of Machinists District 751, representing over 30,000 Boeing workers in Washington, is seeking pay raises, improved quality control measures, and guarantees that Boeing’s next aircraft will be built in the state.

As negotiations for a new contract with Boeing continue, the union is considering a strike authorization vote if their demands are not met. Boeing has expressed willingness to review the union’s proposals and discuss them during negotiations.

Meanwhile, Germany is on track to legalize the recreational use of cannabis as a bill clears its final hurdle. The legislation, set to take effect next month, will permit Germans to possess small amounts of cannabis in public and private spaces. Health officials emphasize the importance of responsible use to curb illicit market activities.

Overall, Wall Street experienced mixed results on Friday, with the Nasdaq rising, the Dow retreating, and the S&P 500 posting a marginal decline. Despite this, the S&P 500, Dow, and Nasdaq all enjoyed their best week of the year, with significant gains across the board.

Looking ahead, market futures are showing a downward trend, with slight increases in crude oil and Bitcoin prices. Economic events for the day include a roundtable discussion on equitable economic development and a lecture on the dual mandate and balance of risks by Federal Reserve officials. New Home Sales data and updates from the University of Cincinnati Real Estate Center and Harvard are also slated for release today.