Chinese shareholders' stake will be cut to below 20%, while Andreessen, Silver Lake and Oracle look set to be key players in the new firm running TikTok in the US
The takeover of app's operations in the US will take 30 to 45 days, but Oracle will retain its role managing the collection of TikTok's data and software updates, CNBC has said
The RTX6000D is being seen as expensive for what it does, especially as its performance lags compared to better Nvidia chips available in China's grey markets
The plan comes at a time when Elon Musk-led SpaceX expects to use funds from its planned $25 billion blockbuster IPO this year to develop orbital AI data centres...
Beijing could use the review to influence the transaction, including, in an extreme case, trying to force the parties to abandon the deal, according to a report by the Financial Times...
Korean shares fared the best in Asia, posting their biggest yearly gains in more than two decades thanks to the country's dominant role supplying chips for AI and data centres...
The world’s biggest carbon emitter, China, has seen its emissions fall by 1% in the first half of this year, but the news is not as great elsewhere...
Chinese companies making electric vehicles must commit to sell their cars at agreed minimum prices, if they want to avoid tariffs in Europe...
BYD’s sales abroad rose to a record 1.05 million units in 2025, a 150% jump from 2024, but its sales at home grew at its weakest pace in five years...
China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030...
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war...
The statements, from the island's vice-premier, came after US Commerce Secretary Howard Lutnick said his goal was to bring 40% of Taiwan's entire chip supply chain and production to the US. He threatened the island with 100% tariffs if this does not happen....
Many countries have refused to back a pledge with principles including human responsibility over AI-powered weapons and encouraging clear chains of command and control...
The stocks plunged 2% on Friday after registering a steep 6% fall two days prior on Wednesday, when they logged their biggest single‑day fall in six years...
Australia could be the next nation to finalise a free-trade agreement with Europe, if a deal can be reached on farm exports in the near future...
Shares of Chinese solar panel makers jump after Musk sent a team to visit companies making equipment, silicon wafers, battery modules and perovskite tech...
European carmakers currently hold a less than 4% share of India's 4.4-million units a year car market, which is dominated by Japan's Suzuki and homegrown brands...