Month: April 2026
Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers
In 1984, Volkswagen partnered with a Chinese automaker because it was required by Chinese law. Now the German company is partnering with Chinese automakers because it wants to use their technology. Volkswagen Group today maintains the original joint ventures it made with Chinese automakers in those early days of its foray into what has become […]
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Sen. Warren slams Trump administration for pressuring EU to relax tech regulations
Ranking member Sen. Elizabeth Warren, D-Mass., talks with the media before Treasury Secretary Scott Bessent testified during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth […]
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Trump says he’s considering pulling U.S. out of ‘paper tiger’ NATO
U.S. President Donald Trump is reportedly considering pulling the U.S. out of NATO, in the latest threat to America’s allies after their reluctance to help reopen the Strait of Hormuz. In an interview with The Telegraph newspaper, the president described the 77-year-old defensive alliance as a “paper tiger” and, when asked if he would reconsider […]
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SpaceX lines up 21 banks for mega IPO, code-named project Apex
A SpaceX Falcon 9 rocket is prepared for launch carrying NASA’s IMAP mission, which will study the boundary of the sun’s heliosphere and other scientific payloads, at the Kennedy Space Center in Cape Canaveral, Florida, Sept. 23, 2025. Joe Skipper | Reuters SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with […]
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Iran threatens Nvidia, Apple and other tech giants with attack
Iran’s Islamic Revolutionary Guard Corps (IRGC) has threatened attacks on a swath of U.S. tech companies with operations in the Middle East, including Nvidia, Apple, Microsoft and Google. The IRGC warned on Tuesday that 18 tech companies would be considered as “legitimate targets” in retaliation for U.S. and Israeli strikes on Iran. Attacks on those […]
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Novo Nordisk shares rise after Wegovy recommended by Britain’s drug price regulator
Michael Siluk | UCG | Universal Images Group | Getty Images Novo Nordisk rose as much as 4% after England’s drug price regulator recommended the use of its best-selling drug Wegovy to prevent heart attacks and strokes. Wegovy is mainly a weight loss treatment but it is also approved for reducing the risk of major […]
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Baidu robotaxis reportedly halted mid-traffic causing crashes in Wuhan, China
A Baidu Inc. Apollo Go autonomous driving electric vehicle displayed at the International Automotive and Supply Chain Expo in Hong Kong, June 12, 2025. Chan Long Hei | Bloomberg | Getty Images Baidu’s Apollo Go robotaxis reportedly stopped mid-traffic, trapping passengers and resulting in highway collisions on the streets of the Chinese city of Wuhan […]
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Europe stocks set for strong rebound as Trump says Iran war will end in weeks
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. Kai Pfaffenbach | Reuters Shares listed in Europe are set to kick off the new trading month with a strong rebound, after notching their worst month since […]
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Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report
The Zhipu AI logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Shares of Chinese artificial intelligence company Knowledge Atlas Technology JSC, better known as Zhipu, surged as much as 35% on Wednesday, after posting strong revenue growth in its first earnings report. The Beijing-based company later pared gains […]
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Large Japanese companies are more optimistic despite Iran conflict, but analysts say this may not last
The Shibuya pedestrian intersection in Tokyo, Japan. Marco Bottigelli | Moment | Getty Images Large Japanese manufacturers indicated their highest level of business optimism in over four years, despite uncertainties brought about from the Iran war. That’s according to the Bank of Japan’s quarterly Tankan survey, a closely-watched poll that measures business sentiment among domestic […]
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