In a fiercely competitive electric vehicle (EV) market, Chinese automakers are displaying remarkable resilience and growth, as evidenced by the impressive delivery figures reported by Leapmotor and Aito for May. Leapmotor, supported by Stellantis, recorded a staggering 45,067 deliveries, marking a phenomenal year-on-year increase of 148%. This uptick can be largely attributed to the launch
Enterprise
The rise of cryptocurrency has often mirrored a modern-day gold rush, filled with excitement, opportunities, and substantial uncertainty. A recent turning point in this landscape, particularly concerning meme coins, has highlighted the shifting regulatory environment under the U.S. Securities and Exchange Commission (SEC). With the SEC stepping back from regulating these tokens, investors are left
In recent years, the geopolitical landscape has been increasingly dominated by the tumultuous relationship between the United States and China, particularly concerning the semiconductor industry. As trade mechanisms evolve and export controls tighten, both nations are becoming embroiled in a battle that transcends mere economic interests; it’s a crucial struggle for technological supremacy. China has
Elon Musk, often heralded for his role as a visionary entrepreneur, recently stepped away from his position within the Trump administration, which focused on trimming federal expenditures. This departure brings forth a significant insight into the challenges and ambitions that come with intertwining business acumen and political responsibilities. Musk’s initiative, dubbed the Department of Government
In a noteworthy disclosure, Starling Bank, a prominent player in the U.K.’s digital banking scene, reported a significant decrease in its annual profit. For the fiscal year ending March 31, 2025, the lender announced a profit before tax of £223.4 million ($301.9 million), representing a sharp decline of nearly 26% from the previous year. This
In a groundbreaking maneuver, Trump Media revealed plans to raise a staggering $2.5 billion from institutional investors, marking itself as one of the public companies leading the charge in Bitcoin treasury holdings. The announcement came with promise and trepidation as the company’s shares dipped nearly 10%, a volatile reaction highlighting the delicate balance between ambition
As the geopolitical landscape shifts and the U.S. tightens its grip on semiconductor exports, Chinese tech giants Tencent and Baidu display remarkable adaptability. The response from these companies reveals a combination of strategic foresight and technological ingenuity. Analysts suggest that not only are they stockpiling essential components, but they are also innovating their AI practices
The recent outages on X, the social media platform owned by Elon Musk, emphasize the critical importance of reliability in digital communication. On a seemingly ordinary Saturday morning, users, numbering around 25,000 according to Downdetector, were unexpectedly cut off from their online interactions. The timing of this outage, occurring just days after another incident on
In a striking move that rattled the stock market, former President Donald Trump took to social media last Friday to announce potential tariffs on Apple products if the tech giant does not shift its manufacturing back to the United States. In his post, Trump expressly stated that he had informed Apple CEO Tim Cook of
On Wednesday, Hong Kong made headlines by passing a groundbreaking stablecoin bill, positioning itself as a forward-thinking hub for cryptocurrency regulation. This legislation aims to expand the existing licensing regime within the territory, acknowledging the growing significance of stablecoins in the global financial arena. Unlike their notorious counterparts such as bitcoin, which are often subject