The EV maker projects a recovery, but with a steep deficit and mounting competition, hitting its 50,000-unit monthly target ...

Anker’s audio brand is expanding beyond playback, aiming to turn headphones into contextual, conversational assistants.

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 ...

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 ...

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, ...

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, ...

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, ...

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 ...

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 ...

BYD said overseas sales hit 89,000 in May, a new high, at its latest annual meeting. Chairman Wang Chuanfu pledged a multiyear rollout of assisted driving features focused on safety and admitted EVs ...

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, ...