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Robotaxi start-up WeRide delays US IPO days before Chinese approval expires

by Anas Siddiqui
Robotaxi start-up WeRide delays US IPO days before Chinese approval expires

Chinese autonomous driving start-up WeRide has postponed its US initial public offering (IPO), citing the need for additional time to finalise necessary documents. The company was looking to raise up …

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Chinese solar panel makers face dilemma as US plugs trade loophole in Southeast Asia

by Walter Watson
Chinese solar panel makers face dilemma as US plugs trade loophole in Southeast Asia

Analysts said investigations highlighted the challenges faced by Chinese manufacturers and the significance of finding alternative markets because the European Union or other Western countries could follow suit. “If they …

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Chinese hacker Wang Yunhe’s arrest brings fresh scrutiny of Singapore wealth flows

by Walter Watson
Chinese hacker Wang Yunhe’s arrest brings fresh scrutiny of Singapore wealth flows

While Wang is accused of a different set of crimes to the remote-gambling ring that was taken down last year, the alleged modus operandi is similar. He set up companies …

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US grants Samsung up to US$6.4 billion in funding to produce advanced chips in Texas

by Walter Watson
US grants Samsung up to US.4 billion in funding to produce advanced chips in Texas

“The US Department of Commerce and Samsung Electronics have signed a non-binding preliminary memorandum of terms to provide up to $6.4 billion in direct funding under the Chips and Science …

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Google Signs Deal with US Commerce Department to Boost Chip Production for Researchers

by Maya Ortiz
Google Signs Deal with US Commerce Department to Boost Chip Production for Researchers

The US Department of Commerce’s National Institute of Standards and Technology (NIST) has signed a cooperative research and development agreement with Google to develop chips for researchers. The chips that …

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Deadly Tropical Storm Idalia floods parts of South Carolina, including Charleston, after pummeling Florida

by Sam Bailey
Deadly Tropical Storm Idalia floods parts of South Carolina, including Charleston, after pummeling Florida

Editor’s Note: Impacted by the storm? Use CNN’s lite site for low bandwidth. CNN — Idalia weakened to a tropical storm on Wednesday evening, bringing heavy rain and strong winds …

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