iRobot Bankruptcy Reveals Chinese Fast Follower Threat
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...
Dec 21Business InsidereconomicsImpact
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...
Mark Zuckerberg is pouring billions of dollars into artificial intelligence...
Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai, after becoming the first home-grown aerospace firm to have its listing a...
Brazil is preparing to waive visa requirements for Chinese citizens travelling for tourism and business, local media reported on Wednesday citing government sources, in a move that would mark a signif...
China’s carmakers are on track to capture about one-third of the global auto market by 2030 and generate most of their profits overseas, according to UBS, underscoring the resilience of the country’s ...
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Elon Musk's Tesla has had a tough year and faced intensifying competition from Chinese and European rivals....
Chinese AI advances and the effects of Donald Trump’s trade war have boosted markets outside the US...
📋 Key Facts ✓ Tesla faces allegations of remote operation for its robots ✓ CATL deploys new Moz humanoid robots for work ...
More Chinese travellers are pivoting from mass-market sightseeing to bespoke adventures to ring in the new year, fuelling a surge in demand for pet-friendly itineraries and winter excursions as servic...
BYD container ship. NurPhoto/Getty Images Tesla just lost its status as the world's largest seller of battery EVs to a Chinese rival. BYD took Tesla's crown after Elon Musk's automaker reported its se...
Volcano Engine, the cloud computing unit of Chinese tech giant ByteDance, said on Monday it has secured an “exclusive AI cloud partnership” with the Spring Festival Gala – a marquee slot that underlin...
As a diplomatic row sees Japanese company executives put visits to China on hold, Beijing is preparing to roll out the red carpet for South Korean business leaders accompanying President Lee Jae-myung...
Meta Platforms’ multibillion-dollar acquisition of Manus, a Chinese-founded artificial intelligence agent start-up, has set off a mix of excitement and unease in China’s tech circles, opening what som...
As 2025 draws to a close, Wall Street’s love affair with Chinese equities is in full swing. While the relationship between global investors and China has been a rocky one, market sentiment is now abou...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
Miguel J. Rodriguez Carrillo / AFP Former SpaceX employees have launched startups with over $3 billion in venture funding. The SpaceX Mafia is backed by top venture firms like Andreessen Horowitz and ...
Elon Musk lost billions in wealth this year. He's almost got it all back. Kevin Dietsch/Getty Images Tesla released its latest quarterly sales figures — and they're worse than Wall Street expect...
A rendering of Walmart's new corporate campus in Bentonville, Arkansas. Walmart Walmart is investing big bucks in its tech workforce as it looks to beef up its e-commerce business. A software engineer...
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...