News

Naluri, a Singapore-based digital employee health and wellbeing provider, has raised USD 5 million in funding. Telus Global ...
Perplexity has offered USD 34.5 billion to acquire Google’s Chrome browser in a move aimed at supporting antitrust remedies under review by a US judge. The AI startup pledged to maintain Chromium and ...
OpenAI CEO Sam Altman is co-founding Merge Labs, a brain-computer interface startup positioned to rival Elon Musk’s Neuralink. OpenAI is backing the venture through a USD 250 million fundraise at an ...
China’s semiconductor investment reached RMB 455 billion in H1 2025, down 9.8% YoY, with wafer production accounting for 51% of total spending. While chip design and testing declined sharply, ...
TSMC said it will phase out six-inch wafer production over the next two years and consolidate eight-inch capacity to improve operational efficiency. The move, approved by its board as part of a ...
Tencent Music reported Q2 2025 revenue of RMB 8.44 billion, up 17.9% YoY, with net profit rising 43.2% to RMB 2.41 billion. Music subscription revenue grew 17.1%, while ARPPU rose to RMB 11.7. Paid ...
Pony.ai posted Q2 2025 revenue of USD 21.5 million, up 76% YoY, as robotaxi fare revenue tripled and licensing income surged. Gross margin rose to 16.1%, but net loss widened to USD 53.3 million due ...
Leapmotor led Chinese EV startups in export volume from January to July 2025 with 24,980 units and topped domestic deliveries for five straight months, reaching 50,129 in July. A ship carrying over ...
China’s coffee and tea chains saw sales gains last week from store expansion and autumn drink launches. Chagee’s seasonal sales jumped 200%, CoCo sold 4.1 million cups in a day, and Naixue’s delivery ...
Taobao Shangou reportedly exceeded 100 million daily orders from August 7–9, briefly surpassing Meituan amid tea-themed campaigns and heavy subsidies. Meituan still led in fulfilled orders and shifted ...
Gao Yang, co-founder of the embodied intelligence company Spirit AI, offers some advice: Take a robot that claims to fold ...
Three golden hours onstage, and a whole economy is set in motion. Artists, managers, promoters, local governments, platforms, ...