Technology
Alibaba unveils new F1-style delivery uniform amid rising e-commerce battle
Sep 9, 2025

Alibaba unveils new F1-style delivery uniform amid rising e-commerce battle

Alibaba Group Holding is rolling out a new outfit for its delivery workers that resembles the racing suit for Formula One (F1) racers, as the company seeks to give China’s e-commerce sector a facelift...

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Alibaba Cloud leads US$140 million funding round for AI start-up X Square Robot
Sep 8, 2025

Alibaba Cloud leads US$140 million funding round for AI start-up X Square Robot

Alibaba Group Holding’s artificial intelligence and cloud computing services unit recently led a 1 billion yuan (US$140 million) Series A+ funding round for X Square Robot, a Shenzhen-based developer ...

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Meituan rallies staff around expansion plans, job prospects amid delivery war
Sep 8, 2025

Meituan rallies staff around expansion plans, job prospects amid delivery war

Meituan CEO Wang Xing is rallying employees around the firm’s instant commerce efforts, overseas expansion and greater social security for delivery workers, more than a week after reporting a sharp fa...

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Computer maker Dell to cut jobs in China in latest US retreat from No 2 economy
Sep 8, 2025

Computer maker Dell to cut jobs in China in latest US retreat from No 2 economy

US computer maker Dell Technologies has targeted some of its employees in China for job cuts in the latest case of American businesses retreating from the world’s second-largest economy. Dell would ha...

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Alibaba releases biggest AI model yet to rival OpenAI and Google DeepMind
Sep 8, 2025

Alibaba releases biggest AI model yet to rival OpenAI and Google DeepMind

Alibaba Group Holding continues to scale up its artificial intelligence efforts with the release of its biggest AI model to date, joining the ranks of OpenAI, Google DeepMind and other major players w...

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TSMC to see near-term ‘operational risk’ after US revokes China equipment waiver
Sep 7, 2025

TSMC to see near-term ‘operational risk’ after US revokes China equipment waiver

The Nanjing facility of Taiwan Semiconductor Manufacturing Co (TSMC) faces “operational risk within months” but limited potential long-term impact, according to analysts, after the US government recen...

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Anthropic’s Claude restrictions put overseas AI tools backed by China in limbo
Sep 6, 2025

Anthropic’s Claude restrictions put overseas AI tools backed by China in limbo

An abrupt decision by American artificial intelligence firm Anthropic to restrict service to Chinese-owned entities anywhere in the world has cast uncertainty over some Claude-dependent overseas tools...

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Fosun drives Hong Kong stock performance-linked tokens on blockchains
Sep 5, 2025

Fosun drives Hong Kong stock performance-linked tokens on blockchains

A subsidiary of Fosun International this week marked a new milestone in bringing traditional financial instruments onto a blockchain infrastructure, which it touted as Asia’s first “comprehensive” tec...

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US start-up Anthropic blocks Chinese firms’ subsidiaries from AI access
Sep 5, 2025

US start-up Anthropic blocks Chinese firms’ subsidiaries from AI access

US artificial intelligence start-up Anthropic has updated its service restriction policy to prohibit access from global subsidiaries of Chinese companies – the latest limit imposed by a major player i...

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ByteDance moves chip staff to Singapore unit in internal rejig
Sep 5, 2025

ByteDance moves chip staff to Singapore unit in internal rejig

ByteDance has transferred its semiconductor team, comprising about 1,000 employees, to an existing Singapore-incorporated subsidiary, Picoheart (SG) – a change that was reflected in the internal direc...

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