Elon Musk said he does not support a merger between Tesla and xAI, responding to speculation about closer ties between his companies. The comment follows earlier hints of a shareholder vote on Tesla ...

China has approved Synopsys’ USD 35 billion acquisition of Ansys, conditional on the merged firm maintaining fair access to EDA software for Chinese customers. The green light follows a recent US move ...

Shopee’s July 7 sale set a new record, with GMV reaching twice its 2024 Black Friday total. Strong demand for beauty, fashion, and home goods pushed daily unit sales past 1 million. Live streams drew ...

Haagen-Dazs must reinvent itself in China or weigh an exit as it contends with fierce competition, narrow margins, and ...

British tech brand Nothing launched its Phone (3) in China at USD 799, alongside its first over-ear headphones, the Headphone ...

Yarbo, a Chinese maker of snow-clearing robots, has raised over RMB 100 million in Series B+ funding from investors including CAS Investment, CICC Capital, and Joyoung’s venture arm. The funds will ...

Ele.me will retire its legacy tiered membership system by July 31, shifting users to a new program launched during the 618 shopping festival. Aimed at high-frequency users, the updated scheme ...

Meituan hit 1.5 billion daily orders on July 12 as China’s top delivery platforms escalated subsidy campaigns with “zero yuan” deals and steep discounts. While demand surged, analysts warned of profit ...

Meituan hit 1.5 billion daily orders on July 12 as China’s top delivery platforms escalated subsidy campaigns with “zero yuan” deals and steep discounts. While demand surged, analysts warned of profit ...

SpaceX is investing USD 2 billion in xAI as part of the latter’s USD 5 billion equity funding round. It marks SpaceX’s first known stake in the Grok chatbot maker and reflects Elon Musk’s broader ...

Shopee’s July 7 sale set a new record, with GMV reaching twice its 2024 Black Friday total. Strong demand for beauty, fashion, and home goods pushed daily unit sales past 1 million. Live streams drew ...

Google is paying about USD 2.4 billion for talent and licensing rights from AI startup Windsurf, after a planned acquisition by OpenAI fell through over conflicts tied to Microsoft’s access to IP.