A Tesla Cybercab drives in Times Square following an appearance in New York City, U.S., Oct. 27, 2025. Brendan McDermid | Reuters Tesla’s fledgling Robotaxi business teased fans with a post on X saying, “no steering wheel, no pedals,” a reference to the company’s forthcoming Cybercab driverless vehicles. Another post prompted riders to “try it…
Washington has been stepping up efforts to curb Beijing’s technological ambitions, but from artificial intelligence to electric vehicle batteries, Chinese technology is becoming increasingly embedded in the businesses of some of the world’s biggest companies. Apple has tapped Alibaba and Baidu for AI in China, while Ford has turned to CATL for battery technology. Volkswagen…
Backed by Uber and powered by Chinese company Pony.ai, Croatia’s Verne has rolled out robotaxi services in the capital city Zagreb since spring 2026. Marko Perkov | Afp | Getty Images BEIJING — U.S. ride-hailing giant Uber is ramping up its global robotaxi coverage with operator Pony.ai. The companies plan to deploy 2,000 of Pony.ai’s…
The China Securities Regulatory Commission building in Beijing on July 20, 2026. Sopa Images | Lightrocket | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I’m seeing and hearing from local businesses. China’s tech advances may rile Washington…
Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Tesla reported earnings after the bell. Here’s how the company did, compared with estimates from analysts polled by LSEG: Here’s how the company did compared to Wall Street expectations, according to estimates from analysts polled by LSEG Earnings per share: 33 cents…
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected June reports on consumer and producer prices offered encouraging signs that inflation continued to ease, while earnings from the nation’s largest banks reinforced the strength of capital markets. At the same time, investors kept one…
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Asia tech stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia, underscoring growing…
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services. Bloomberg | Bloomberg | Getty Images Shares of Chinese tech giants Alibaba and Baidu rose Thursday on their partnership with Apple for deploying their AI tools. Hong-Kong listed shares of Alibaba rose 5% after the company confirmed…
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin…
A food delivery driver drives past the headquarter of China’s travel agency Trip.com Group in Shanghai on January 15, 2026. Jade Gao | Afp | Getty Images Beijing has stepped up corporate regulatory enforcement this year, though analysts say it’s unlikely to pursue a repeat of the 2021 crackdown that wiped out more than $1…
