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Baidu founder Robin Li predicts ‘exponential’ boom in AI apps in 2025

The founder of Baidu, an artificial-intelligence (AI) pioneer in China that unveiled its own large language model (LLM) just months…

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ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024

TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching…

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Meituan to end late delivery penalty amid regulatory crackdown on algorithm misuse

Chinese food delivery giant Meituan will phase out a late delivery penalty in 2025 amid a crack down by regulators…

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Tech war in 2024: China catches up fast in AI race, but US chip curbs cast shadow

Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But…

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TikTok filing to US Supreme Court seeks law requiring its sale declared unconstitutional

In a brief filed with the US Supreme Court on Friday, TikTok reiterated its position that a law requiring the…

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Amazon asks Chinese sellers not to offer cheaper prices on Temu

Amazon.com has asked some Chinese cross-border merchants to stop offering goods at a cheaper price on rival platform Temu, according…

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US TikTok ban: Supreme Court agrees to review law banning Chinese-owned video app

The US Supreme Court said on Wednesday that it had agreed to review a US law that mandates a nationwide…

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TikTok makes emergency appeal to US Supreme Court, seeking review of divest-or-ban law

TikTok petitioned the US Supreme Court on Monday to review a lower court’s decision upholding a law that mandates the…

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New Business

From blind box toys to snacks, Chinese venture capital firm finds growth in niche spending

Chinese consumer spending is so weak that even Starbucks is considering selling a stake in its China franchise, but one…

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New Business

US asks court to reject TikTok’s bid to stave off law that could ban the app

The Justice Department late on Wednesday asked a US appeal court to reject an emergency bid by TikTok to temporarily…

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