Latest in Chinese autonomous driving company Pony AI steers toward U.S. initial public offering
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Chinese autonomous-driving company Pony AI steers toward U.S. initial public offering
Software maker plans to trade on the Nasdaq under the symbol “PONY.”Business - MarketWatch - 4 hours ago -
Chinese EV and self-driving tech companies turn to IPOs for cash
Funding has been drying up for car start-ups in fiercely competitive domestic marketWorld - Financial Times - October 24 -
Chinese AI groups get creative to drive down cost of models
01.ai, Alibaba and ByteDance have cut ‘inference’ costs despite Washington curbs on accessing cutting-edge chipsWorld - Financial Times - October 19 -
Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.Business - CNBC - October 23 -
Rubio says Chinese hacking of U.S. telecom companies is a "very serious situation"
Sen. Marco Rubio, who is on the Senate Intelligence Committee, said Sunday that as "time goes on, we're going to learn more" about Chinese hacking of U.S. telecom companies.Top stories - CBS News - November 3 -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - October 30 -
Sen. Marco Rubio says Chinese hacking of U.S. telecom companies is "very serious"
Republican Sen. Marco Rubio, who is on the Senate Intelligence Committee, tells "Face the Nation with Margaret Brennan" that as "time goes on, we're going to learn more" about Chinese hacking of ...Top stories - CBS News - November 3 -
Autonomous Trucking Company Aurora Delays Driverless Freight Launch
The Pittsburgh company will not start carrying cargo without drivers until April, when it plans the debut of its Dallas-to-Houston run.Business - Inc. - October 31 -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
Mike Verdu of Netflix Games leads new generative AI initiative
The former VP in charge of Netflix Games has taken on a new rule to use generative AI technologies in game development for the publisher.Tech - VentureBeat - November 4 -
Trump victory hands hedge funds $1.2bn win from bet against renewables
Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaksWorld - Financial Times - November 8 -
The NHS and education are big winners in Reeves’ spending plan
But some Whitehall departments including the Home Office face real terms cuts to their budgetsWorld - Financial Times - October 30 -
The Powerful Companies Driving Local Drugstores Out of Business
The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.Business - The New York Times - October 19 -
Autonomous truck company Aurora delays hauling freight without human drivers until April
Autonomous truck company Aurora Innovation says it won’t start hauling freight without humans on board until April of next yearTech - ABC News - October 30 -
Silence descends around China’s deadliest mass killing in years as flowers cleared away
Online discussion about China’s deadliest mass killing in years was being censored Wednesday as authorities in a southern city cleared candles and flowers from the memorial to the 35 people deadWorld - ABC News - Yesterday -
Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
Microsoft will allow organizations to create their own autonomous AI agents within Copilot starting next month.Business - CNBC - October 21 -
Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own ...Top stories - NBC News - October 21 -
Here’s why China has been testing its autonomous car technology in the U.S. for years
Didi, WeRise, Pony.ai, Baidu and AutoX drove over 1.6 million test miles on California’s roads between 2017 and 2023.Business - CNBC - October 23 -
Many Companies Offer ‘Returnless Returns,’ But Do it Quietly
Retailers have decided the cost of sending an item back may be more expensive than letting an unsatisfied customer keep some low-priced merchandise, but don’t advertise the practice.Business - Inc. - November 4 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.Business - CNBC - October 31 -
Asana AI Studio now offers AI agent creation for workflow management
Work management platform Asana said multiple AI agents on a workflow system gets rid of "busy work."Tech - VentureBeat - October 22 -
OpenAI Will Send Its Next AI to Businesses Before a Public Release
A leader in AI technology may soon make a giant leap forward, but this time, select companies will get their hands on its next-generation model before you do.Business - Inc. - October 25 -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Palantir’s stock surges as AI drives a further acceleration in growth
Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”Business - MarketWatch - November 5 -
US agency says Tesla's public statements imply that its vehicles can drive themselves. They can't
The U.S. government’s highway safety agency says Tesla is telling drivers in public statements that its vehicles can drive themselvesTech - ABC News - 6 days ago -
Indonesian coast guard drives away a Chinese vessel in disputed waters for the third time in a week
Indonesian patrol ships have driven a Chinese coast guard vessel away from a survey ship in a disputed area of the South China Sea for the third time in a week, according to a statement from ...World - ABC News - October 26 -
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Boeing workers vote to reject company offer, continuing the strike
Striking Boeing workers voted to reject the company's latest contract proposal, in a major setback for Boeing that could also have implications on the U.S. economy. The rejected deal called for a ...Top stories - CBS News - October 24 -
Why States Are Offering Workers at Private Companies Access to I.R.A.s
With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.Business - The New York Times - 3 hours ago -
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.Top stories - CBS News - October 17 -
Chinese influence operation targets U.S. down-ballot races, Microsoft says
Affected lawmakers — all Republicans — include Rep. Barry Moore of Alabama, Rep. Michael McCaul of Texas and Sen. Marsha Blackburn of Tennessee.Top stories - NBC News - October 24 -
Alleged Chinese influence campaigns intensify worries about U.S election meddling
Recent reports of Chinese actors allegedly targeting prominent campaigns and candidates is raising concerns China is stepping up efforts to meddle in the U.S. election up and down the ballot. A ...Politics - The Hill - October 27 -
U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners
U.S. drugmakers and biotechs have come to rely on Chinese partners. Now, some of them are looking for alternatives as geopolitical tensions rise.Business - The Wall Street Journal - November 1 -
Markets are increasingly reflecting U.S. outperformance — but now there’s a jinx
Markets are increasingly pricing in a scenario of U.S. exceptionalism.Business - MarketWatch - October 21 -
Max Verstappen takes big step toward a 4th straight title by driving from 17th to win a wet São Paulo Grand Prix
Verstappen's lead is now 62 points over Lando Norris with three race weekends to go.Sports - Yahoo Sports - November 3