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CHINA TECH NEWS
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...- Why did stock market fall today? Sensex slides 281 pts, Nifty closes below 24,300. 5 factors behind the declineIndian stock indices extended losses on Monday, with Sensex and Nifty declining. Broader markets bucked the trend, closing higher as crude ...
- Alibaba to sell Lingxi Games in more than $2 billion deal, source saysAlibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Mo...
- Global Market Today: Asian shares mixed, dollar dips as Fed hike bets easeThe dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Trea...
- Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
- Solar tariffs will hurt America’s allies, not ChinaProposed US tariffs on polysilicon will harm domestic and allied solar industries. China dominates low-cost solar polysilicon production du...
- Donald Trump administration weighs ban on Chinese AI data centre gear importsThe Trump administration is drafting a ban on new Chinese data center component imports. This measure aims to protect critical infrastructu...
- Meta, Anthropic, Google, OpenAI to meet Trump officials about AI safety testingMeta, Anthropic, Google, OpenAI will meet White House officials this week. They will discuss voluntary government safety tests for advanced...
- China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
- IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
- Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
- China's chip tool push shows ASML caught in US-China squeezeOn the one hand, US controls on exports of high-tech goods to China are threatening to reduce access to a major market; and on the other, B...
- Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
- Global Market: Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure disputeChinese social media platform Xiaohongshu faces listing scrutiny following a complaint by a former executive regarding its variable interes...
- Global Market: China stocks slide to one-week low as AI valuation concerns hit tech sharesChinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-...
- TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
- Paramount delays closing Warner buyout while judge considers states' challengeParamount said in a filing Friday that it won't close its Warner buyout until either a court ruling is made on the states' claims or June 1...
- From Australia to Europe, countries move to curb children's social media accessAustralia banned social media for children under sixteen, effective December 2025. Britain plans a similar ban for under-sixteens by Spring...
- Pocket-size AI: Powerful phones star at China showTech firms are developing AI agent smartphones that could revolutionize mobile use. These advanced phones aim to perform tasks using voice ...
- Indonesia's copyright rewrite puts Google, AI platforms on noticeIndonesia has proposed sweeping changes to its copyright law to recognise AI-assisted works with human involvement, while excluding fully A...
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