Tesla has signed a RMB 4 billion deal with the Shanghai government and China Kangfu International Leasing to build what it says will be China’s largest grid-side battery storage plant. The project ...

Meta held talks to acquire Perplexity AI before moving ahead with a USD 14.3 billion investment in Scale AI, sources said. The deal fell through, and Meta has since ramped up recruitment for its ...

TikTok said it was “grateful” for the US extending its divest-or-ban deadline to September 17, allowing continued access to American users. It added that it is still working with US vice president JD ...

Edgnex, a unit of Dubai’s Damac Group, will invest USD 2.3 billion in a 144 MW data center in Jakarta, Indonesia, with operations expected to begin later this year. The project is part of Edgnex’s USD ...

Anker Innovations issued a voluntary recall on June 20 for select batches of seven power bank models due to material defects in battery cells. The company has pulled affected products and cut ties ...

Pop Mart is expanding its IP tied to "Crybaby," a character by Thai artist Molly Yllom, with new trademark filings across education, beverages, and machinery, with some approvals already granted, ...

Baidu plans to launch its Apollo Go robotaxi service in Singapore and Malaysia as early as this year, seeking local partners for an asset-light model. The service has logged 11 million rides, ...

From May 13 to June 18, over 60,000 brands on Douyin E-commerce saw YoY sales double during the 618 festival, with more than 2,000 products exceeding RMB 10 million in GMV. Live streams drove around ...

A Pop Mart restock of its popular Labubu collectibles drove down resale prices, fueling speculation about softening demand. The company’s shares fell around 6% on June 17 and dipped again on June 20, ...

Sanhua Intelligent Controls, a major Chinese supplier of refrigeration and air conditioning components, dropped 7% in its Hong Kong trading debut on June 23, despite backing from Jane Street Group, ...

China-based Unisound is offering 1.561 million shares in a Hong Kong IPO running June 20–25, with shares priced at HKD 165–205 each. Trading is set to begin June 30. The firm develops AI tools for ...

Huawei Cloud unveiled its CloudRobo platform at its developer conference on June 20, reportedly offering embodied AI capabilities built on the Pangu model. The system supports multimodal data ...