China’s Auto Market Accelerates Towards Electric Future Amidst Fierce Competition
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China’s Auto Market Accelerates Towards Electric Future Amidst Fierce Competition

China’s intensely competitive automotive market is increasingly defined by the surging dominance of electric-powered vehicles, with domestic brands and Tesla leading the charge. Recent market analysis reveals a significant shift in consumer preferences, as new energy vehicles (NEVs) now account for a substantial majority of new passenger car sales, reshaping the landscape for both local […]
Google Restructures DeepMind Leadership to Accelerate AI Race Against OpenAI and Anthropic
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Google Restructures DeepMind Leadership to Accelerate AI Race Against OpenAI and Anthropic

Google has announced a major leadership shakeup within its artificial intelligence division, elevating Koray Kavukcuoglu to head DeepMind as the tech giant intensifies its efforts to close the performance gap with rivals OpenAI and Anthropic. Kavukcuoglu, who previously served as the AI unit’s chief technology officer and Google’s chief AI architect, will now report directly […]
Tencent’s Q2 Revenue Surges on Gaming and AI Ad Strength Amidst Intense Competition
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Tencent’s Q2 Revenue Surges on Gaming and AI Ad Strength Amidst Intense Competition

Chinese tech giant Tencent reported a robust second-quarter revenue beat, primarily fueled by an acceleration in its domestic gaming division and significant contributions from AI-driven advertising. Despite exceeding revenue expectations, the company’s core net profit fell short of analyst estimates, and it disclosed a notable increase in capital expenditure during the period. Domestic game revenue […]
CoreWeave Shares Surge 18% Following Robust Q2 Revenue Doubling and Soaring AI Demand
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CoreWeave Shares Surge 18% Following Robust Q2 Revenue Doubling and Soaring AI Demand

CoreWeave experienced an 18% jump in premarket trading after unveiling a stellar second-quarter performance that saw its revenue double compared to the previous year. The specialized cloud provider, which rents out high-powered computing infrastructure critical for artificial intelligence development, reported revenue of $2.6 billion, marking a 112% increase from the $1.2 billion generated in the […]
China’s C919 Jet Completes First International Flight, Signaling Aviation Ambitions
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China’s C919 Jet Completes First International Flight, Signaling Aviation Ambitions

The Commercial Aircraft Corporation of China (COMAC) reached a significant milestone this week as its C919 narrow-body jet completed its first scheduled international commercial flight. Operated by Air China, the aircraft departed from Beijing Capital International Airport and arrived in Ulaanbaatar, Mongolia, marking the first time the domestically produced airliner has operated outside of Chinese […]
Cybercriminals Exploiting Online Accounts for Intimate Content, FBI Warns
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Cybercriminals Exploiting Online Accounts for Intimate Content, FBI Warns

The Federal Bureau of Investigation (FBI) has issued a public warning regarding a disturbing trend where cybercriminals are compromising online accounts, including those of adults and children, to steal and exploit intimate images and videos. These malicious actors are employing sophisticated social engineering tactics to gain unauthorized access, often leading to severe consequences for victims, […]
Phia Founders Allegedly Knew of ‘Cookie Stuffing’ Scheme for Months
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Phia Founders Allegedly Knew of ‘Cookie Stuffing’ Scheme for Months

The shopping startup Phia, co-founded by Phoebe Gates and Sophia Kianni, is once again embroiled in controversy regarding its business practices. Recent investigations suggest that the company engaged in ‘cookie stuffing,’ a deceptive affiliate marketing tactic, and that its founders were aware of the practice far earlier than previously acknowledged. ‘Cookie stuffing’ involves an affiliate […]
Electric Mobility Startup Yulu Raises $93M to Power India’s Rapidly Growing Delivery Sector
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Electric Mobility Startup Yulu Raises $93M to Power India’s Rapidly Growing Delivery Sector

Bengaluru-based electric mobility startup Yulu has successfully raised $93 million in a fresh funding round, capitalizing on the massive surge in India’s quick-commerce and delivery sectors. The Series C round consists of $63 million in equity, led by GEF Capital Partners, alongside $30 million in debt financing. This capital injection, which reportedly values the company […]