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New Business

Meta plans budget cuts as high as 30% to its metaverse efforts in 2026

Meta Platforms CEO Mark Zuckerberg is expected to cut resources for building the so-called metaverse, an effort that he once…

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New Business

China issues retaliatory rules ahead of US port fee targeting Chinese vessels

As a new US port fee targeting China-built or -operated vessels is set to take effect in two weeks, China…

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New Business

China’s next-gen BeiDou satellite system to ramp up rivalry with US-based GPS

China expects to launch the next generation of its BeiDou Navigation Satellite System by 2035, following a series of upgrades…

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