Chongqing’s coffee association has called for an end to industry price wars, citing mounting losses among local indie cafes as chain brands pursue rapid growth through heavy platform subsidies. A June ...

Tools for Humanity, co-founded by OpenAI chief Sam Altman, is deploying iris-scanning “Orb” devices in six UK cities as part of its World ID expansion. The startup says no biometric data is stored, ...

Chinese and US officials plans to meet on June 9 in London for trade talks focused on export controls rather than tariffs. The US is expected to push for greater access to critical minerals, while ...

Lenskart has converted to a public limited company as of May 30, paving the way for its planned IPO at a USD 10 billion valuation. The eyewear firm is expanding across the UAE, Singapore, and the US, ...

ByteDance has overhauled TikTok Shop’s US team near Seattle, replacing local staff with China-based managers after missing a USD 17.5 billion sales target. Internal meetings now reportedly favor ...

Danyang, China’s top eyewear manufacturing hub, is countering US tariffs with tech innovation and export shifts to RCEP markets. The city, which reportedly produces half the world’s optical lenses, ...

SMIC has sold its 14.83% stake in Ningbo Semiconductor International (NSI) to Goke Microelectronics, which aims to raise its shareholding to 94.37%. The move supports SMIC’s core business focus and ...

Elon Musk’s AI startup xAI lost USD 341 million on USD 52 million in Q1 2025 revenue but projects USD 13.1 billion in EBITDA by 2029, according to investor materials. The firm plans USD 18 billion in ...

TikTok has blocked search results for #SkinnyTok after pressure from European regulators, citing links to harmful weight loss content. The move follows an EU investigation launched in April amid ...

Biotech firm Allay Therapeutics has raised USD 57.5 million in a Series D funding round co-led by Lightstone Ventures and ClavystBio, with participation from NEA, Arboretum Ventures, Vertex Growth, ...

Biotech firm Allay Therapeutics has raised USD 57.5 million in a Series D funding round co-led by Lightstone Ventures and ClavystBio, with participation from NEA, Arboretum Ventures, Vertex Growth, ...

China Eastern Airlines and Cainiao have launched what they call the world’s first smart hangar system, using AI to detect aircraft damage and predict faults. Now active at two Shanghai sites, the ...