In May 2023, the Chinese electric vehicle (EV) market witnessed a striking surge in deliveries, with companies like Leapmotor and Aito celebrating historic milestones. Leapmotor, backed by Stellantis, achieved a remarkable 45,067 vehicle deliveries—a staggering 148% increase from the same month last year. Aito, utilizing Huawei technology, also announced 44,454 deliveries. This data underscores a
Enterprise
In a twist that many skeptics didn’t foresee, Bitcoin is not just surviving; it is thriving in corporate America. As companies look beyond traditional asset classes to safeguard their wealth, Bitcoin has emerged as an appealing alternative. Initially dismissed as a speculative bubble, Bitcoin’s meteoric rise is prompting even some of the largest corporations—including GameStop
In today’s volatile geopolitical landscape, the ongoing tension between the United States and China over semiconductor technology has reached a boiling point. Ever since the Trump administration initiated strict export controls, the rivalry has morphed from a trade spat into a full-blown technological arms race. In this context, China has accused the U.S. of implementing
Elon Musk’s brief engagement with the Trump administration underlines the increasingly blurred lines between public service and corporate ambition. Appointed to lead the Department of Government Efficiency, Musk’s tenure was reportedly focused on the ambitious goal of reducing wasteful spending. However, as someone whose fortune is tied to various tech enterprises, his appointment was steeped
In an environment fraught with instability, Starling Bank’s recent announcement of a substantial 26% drop in annual profits paints a stark picture for the fintech sector. For the year ending March 31, 2025, the British online lender reported a pre-tax profit of £223.4 million, a significant decline indicative of deeper issues lurking beneath the surface.
As Trump Media asserts itself in the financial services space with an eye-watering $2.5 billion investment towards building a substantial bitcoin treasury, we must critically examine the motivations, implications, and potential pitfalls of this ambitious venture. In an era where cryptocurrencies promise vast financial freedom, the spotlight now shines on how fundamentally risky such a
In an era where the Artificial Intelligence (AI) landscape is fiercely competitive, China’s tech titans Tencent and Baidu are not merely surviving the U.S. semiconductor export restrictions; they are finding innovative methods to thrive and potentially lead the global AI race. As the U.S. tightens its grip on advanced semiconductor exports, leveraging a blend of
In an era defined by relentless change, businesses are grappling with the complexities of global trade that have intensified in recent years. Factors such as political instability, trade disputes, and shifting tariffs have rendered traditional supply chain management practices nearly obsolete. Far from being just another corporate buzzword, artificial intelligence (AI) has emerged as a
The recent gala hosted by former President Donald Trump at his opulent Virginia golf club has laid bare an unsettling truth beneath its glamorous surface. While the event was pitched as “the most exclusive invitation in the world,” with an extravagant price tag of $148 million in total purchases of Trump’s meme coin, the reality
In a significant leap forward for cryptocurrency regulation, Hong Kong has enacted a bill aimed at stabilizing and legitimizing stablecoins, a type of digital asset that is significantly less volatile than its counterparts like Bitcoin. More than just a measure to regulate an increasingly popular financial instrument, this legislation represents a clear intent by Hong