In 2022, Wu left ByteDance to start ARknovv, a company developing smart glasses. The move placed him among a growing group of ...

China’s AI spending is projected to reach RMB 600–700 billion in 2025, according to a Bank of America report. Most of the investment will go toward data centers and energy infrastructure, backed by ...

At the World Economic Forum, premier Li Qiang reaffirmed China’s confidence in long-term growth despite deflationary pressure and trade tensions. He cited efforts to boost consumption and stabilize ...

A US judge ruled that Anthropic’s use of copyrighted books to train AI models without author consent qualifies as “fair use,” marking the first court endorsement of such practices by a major tech firm ...

Accounting software firm Xero will acquire Melio Payments for up to USD 2.5 billion in its largest deal to date, aiming to accelerate growth in the US and expand services for small businesses. The ...

Chinese lemon tea brand Ningji has partnered with Thailand’s CP Group to support its Southeast Asia expansion, gaining access to CP’s supply chain and retail network. The deal follows earlier backing ...

Tims China, operator of the Tim Hortons chain in China, narrowed its Q1 2025 net loss to RMB 58.9 million as cost cuts lifted store-level margins to 6.7%. Revenue fell 9.5% due to closures and lower ...

Prices for drone parts shipped from China to the US have surged as much as fourfold since Beijing imposed export controls on dual-use technologies in 2024, customs data shows. Infrared device exports ...

Alibaba Cloud will expand access to its Qwen AI models and Model Studio platform through international data centers this year, senior vice president Liu Weiguang said. The move supports growing global ...

iFlytek has launched a suite of AI products in Hong Kong, including a medical chatbot and multilingual transcription tools, while establishing the city as its international headquarters. The company ...

Yonghui Superstores said it aims to complete upgrades at 200 locations by September 30, doubling its previous pace. The overhaul will focus on employee training and private-label product development, ...

Bilibili has launched an AI-powered feature on its marketing platform that helps brands match with content creators based on campaign goals, budget, and audience profiles. The tool analyzes creator ...