Tesla deliveries expected to slump on China competition, weak demand
Tesla is expected to release first-quarter delivery figures next week that show a sales slump due to increasing competition in China as well as lower demand due to high interest rates.
Chinese company buys European flying car technology: report
A technology behind a European designed flying car, known as AirCar, has been purchased by a Chinese firm called Hebei Jianxin Flying Car Technology Company for an undisclosed fee.
China blocks use of Intel and AMD chips in government computers: report
The Chinese government is banning the use of chips made by U.S. firms Intel and AMD along with foreign-made software in favor of microprocessors and tech made in China.
Senators slam 'delay tactic' on TikTok bill despite 'national security issue'
Senators expressed frustration at consideration of the House-passed TikTok bill being delayed by likely markups and hearings amid a national security issue.
Intel plans US building spree thanks to billions in federal chip subsidies
Intel received $20 billion in federal funding and loans to invest in U.S. semiconductor manufacturing through the CHIPS Act as it looks to help restore America's chipmaking edge.
Worries emerge over China capitalizing on Boeing's mistakes: A 'giant social experiment,' Republican rep says
While U.S.-based airlines focus on globalization and DEI, China is at the "cutting edge" of commercial flights amid recent safety incidents, according to Rep. Jeff Van Drew.
Can China catch the US in the AI race?
The United States currently leads China in artificial intelligence dominance, but China is scrambling to close the gap. An expert on U.S. policy gives an update on the race.
Forced TikTok sale could 'absolutely' happen before November election, House China committee leader says
House China Select Committee Chair Mike Gallagher, R-Wis., says that it's "absolutely" possible that a forced sale of TikTok could occur before November.
TikTok CEO refuses to answer if Chinese government has influence over platform as Congress mulls ban
TikTok CEO Shou Chew did not answer questions in Washington about his company's relationship with the Chinese Communist Party on Thursday.
Mnuchin putting together US investor group to buy TikTok
Former Treasury Secretary Steven Mnuchin said Thursday he is organizing a group of U.S. investors to purchase the social media platform TikTok, which is owned by a China-based firm.
House passes bill that could see TikTok banned in US
The bill would block TikTok from U.S. app stores if parent company Bytedance, which is linked to the Chinese government, does not divest from it within 165 days.
House of Representatives likely to pass TikTok ban: What happens next?
House lawmakers are set to vote on a bill that would require China-based ByteDance to divest TikTok or it would be banned, though it faces an uncertain fate in the Senate.
Chinese crane firm denies posing security risk at US ports amid investigation
Chinese heavy industry firm ZPMC is facing an investigation by Congress over concerns its ties to the CCP and presence in critical infrastructure at U.S. ports pose a security risk.
Bill banning TikTok app headed to House after unanimous committee vote
A bill introduced to ban the Chinese-owned application TikTok from U.S. app stores is heading to a House vote after passing its committee with a unanimous 50-0 vote.
Congress getting ‘thousands’ of phone calls from youth after TikTok bill: Rep. Chip Roy
Members of Congress have been overwhelmed by “thousands" of callers urging lawmakers to reconsider a bill that would ban TikTok in the United States, Rep. Chip Roy, R-Texas said.
Former Google engineer indicted for stealing AI secrets to aid Chinese firms
The Department of Justice indicted a former Google engineer for allegedly stealing trade secrets from Google to benefit Chinese artificial intelligence companies.
Apple iPhone sales in China plummet 24% as Huawei smartphone sales surge
Sales of Apple's iPhone plunged 24% year-over-year in China in the first six weeks of 2024 due to stiff competition from rivals, especially Huawei, according to a new report.
TikTok faces ban in bipartisan bill if ByteDance doesn't divest ownership
A new bill would ban TikTok in the U.S. unless its China-based parent company ByteDance divests the social media platform amid concerns about its links to the Chinese Communist Party.
Russia, China team up against the US dollar with planned blockchain payment system
China and Russia are moving ahead with their efforts to move away from the US dollar with an announcement that the BRICS countries plan to create a payment system based on blockchain.
Biden administration to review national security, privacy and remote sabotage risks from Chinese 'smart cars'
The Biden administration has announced that it will begin to review “smart cars" made in China that can gather data about Americans and be remotely disabled.