Tag: rivalry

Chinese maker of semi-solid EV batteries reports delivery jump amid range rivalry

Beijing WeLion New Energy Technology, a maker of semi-solid-state batteries for electric vehicles (EVs), reported a jump in delivery volume last month, the latest sign that Chinese EV builders are incorporating advanced technology to extend the driving range of their premium models. The company, backed by Shanghai-based EV producer Nio, supplied 482.9 megawatt hours (MWh) […]

Chinese spacecraft lands on far side of the moon in growing rivalry with US

A Chinese spacecraft landed on the moon’s far side on Sunday to collect soil and rock samples that could provide insights into differences between the less-explored region and the better-known near side. The landing module touched down at 6.23am Beijing time in a huge crater known as the South Pole-Aitken Basin, the China National Space […]

Google Stock: I/O Event Expectations Run High Amid OpenAI, Microsoft Rivalry

Expectations run high ahead of Alphabet‘s (GOOGL) Google I/O conference for software developers today, with analysts anticipating a slew of artificial intelligence announcements. Google stock has climbed 20% in 2024 heading into the annual event. Google typically makes Pixel mobile phone or Android software news at the developer’s event. But generative AI and the Gemini […]

The US-China rivalry will reshape the landscape for Big Tech earnings

Tim Cook traveled to China last month.Li Xin/Xinhua via Getty Images The growth of US tech earnings is vulnerable to ongoing tensions with China. As Beijing exerts influence in the region, US tech firms will compete for a smaller market share. Decoupling from China is underway, but it’s likely to be a long process, sources […]

Alibaba Unveils Big Cloud Price Cuts as AI Rivalry Deepens

(Bloomberg) — Alibaba Group Holding Ltd. is rolling out its second major price cut for cloud services in years, aiming to win back users from rivals like Tencent Holdings Ltd. competing to provide the tools critical to training artificial intelligence. Most Read from Bloomberg The Chinese internet pioneer will slash prices starting Thursday on scores […]

World champion Luke Humphries expects long-lasting rivalry with Luke Littler

New world champion Luke Humphries is anticipating an enduring rivalry with Luke Littler in years to come. Humphries ended Littler’s teenage dream by winning the World Championship at Alexandra Palace on Wednesday night as he celebrated becoming world number one by lifting the Sid Waddell Trophy for the first time. Littler, 16, was the star […]