China’s rare earth magnet shipments halve in May due to export curbs

China’s rare earth magnet shipments halve in May due to export curbs

By Amy Lv and Ryan Woo BEIJING (Reuters) -China’s overseas shipments of rare earth magnets halved in May from April, tumbling to their lowest levels in more than five years due to export curbs. Beijing said this month that it would speed up its approval process, a concession made after the U.S. and China agreed … Read more

China’s Robot Maker Unitree Valued At $1.7 Billion In Series C Round

China’s Robot Maker Unitree Valued At .7 Billion In Series C Round

A Unitree humanoid robot performs Thursday, the first day of the Mobile World Conference in Shanghai. Ying Tang/NurPhoto via Getty Images Unitree Robotics, a Hangzhou-based maker of humanoid robots whose founder recently met with Chinese President Xi Jinping, completed series C funding this month that values the company at 12 billion yuan ($1.7 billion), according … Read more

Tariff Costs May Ease But Consumers Will Still Bear Most Of Expense

Tariff Costs May Ease But Consumers Will Still Bear Most Of Expense

A car hauler carries Toyota RAV4 vehicles as it enters to cross the Ambassador Bridge in Windsor, … More Ontario to go to Detroit on February 3, 2025. (Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY/AFP via Getty Images) AFP via Getty Images Tariff levels on cars and trucks may ease while consumers … Read more

Trump to sign order extending TikTok deadline another 90 days, White House says

Trump to sign order extending TikTok deadline another 90 days, White House says

Washington — President Trump has once again delayed the enforcement of a bipartisan law that would effectively ban TikTok in the U.S. A deal to separate TikTok from its China-based parent company, ByteDance, has remained elusive.  White House Press Secretary Karoline Leavitt said Tuesday the president would sign the latest executive order this week delaying … Read more

AI Supremacy Requires Reliable Electricity

AI Supremacy Requires Reliable Electricity

Signange of AI (Artificial Intelligence) is displayed during the MWC (Mobile World Congress), the … More world’s biggest mobile fair, in Barcelona on March 3, 2025. Surrounded by investment and innovation projects, the Mobile World Congress (MWC) kicks off today in Barcelona amid a context of euphoria but also tensions over artificial intelligence (AI), whose … Read more

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