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PricewaterhouseCoopers had been Evergrande’s auditor since 2009 — when the developer listed in Hong Kong — and resigned from that position in January last year
US-listed shares of the chip designer, seen as benefitting from investors' hunt for the "next Nvidia", have surged more than 95% in just the last seven trading sessions alone
"If you just assume that computers never get any faster, you might come to the conclusion we need 14 different planets and three different galaxies and you know four more Suns to fuel all this."
By potentially allowing Tesla to roll-out FSD, Beijing may be hoping for the ‘catfish effect’ to accelerate research and development by Chinese EV-makers...
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China Unveils Brain Chip Similar to Elon Musk’s Neuralink25 Apr 2024
China says its fully homegrown brain-computer interface was tested on a monkey, allowing it to control a robotic arm with only its thoughts...
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ASML Will Not Service Some China Equipment, Outgoing CEO Hints25 Apr 2024
Washington has been lobbying the Dutch to prevent ASML from servicing some of the billions of euros worth of tools it has already sold to Chinese customers...
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PwC Probed For ‘Enabling Evergrande Misconduct For Years’23 Apr 2024
PricewaterhouseCoopers, one of the Big Four auditors, had been Evergrande’s auditor since 2009, when the developer listed in Hong Kong...
Zeekr said on Friday it is looking to raise up to $367.5 million in its IPO, which will test investors' appetite for Chinese firms at a time of tense bilateral ties...
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Foreign Carmakers Seek Chinese EV Partners on AI, Smart Tech29 Apr 2024
Interest in local Chinese partnerships comes at a time when foreign carmakers are quickly losing share in the world’s biggest car market...
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Tesla Signs Deal With Baidu on China Roads Mapping Data29 Apr 2024
Sources say the agreement with China's top internet firm on use of its data on China's public roads clears a final regulatory hurdle for Tesla's driver assistance system....
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Huawei’s Smart Car Tech Gives Foreign Brands A Way Into China26 Apr 2024
It's taken Huawei just four years to become a force in smart car technology even as US sanctions since 2019 hammered its businesses...
The craze for Taiwanese chip stocks is such that students and even Buddhist nuns are using ETFs to play the market. Some investors are even mortgaging their houses to get in on the rally...
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TikTok Employees Faced Questioning at US Borders – Forbes02 May 2024
Dozens of Chinese employees with TikTok have been questioned by border officials when entering the United States in recent years, according to a new report...
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TikTok Seen as Chinese Influence Tool by Most in US, Poll Finds01 May 2024
Many American adults support a forced sale or ban of TikTok, a new poll has found; a large number believe it is used by China to influence public opinion in the US, and for spying...
The Joe Biden Administration is looking to deepen discussions with China on both nuclear weapons policy and the growing use of artificial intelligence...
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‘Hello China, Goodbye India’: Musk’s Trip Seen As Snub To Modi01 May 2024
Musk was due to meet Indian PM Modi last week and announce an EV factory of up to $3 billion, but cancelled saying there were 'very heavy Tesla obligations'...
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Drone Maker DJI Next Likely Target of US China Hawks – NYT30 Apr 2024
Congress is assessing a new law, passed unanimously by the House energy and commerce committee in March, which could kill much of DJI's business in the United States...
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