South Korea's Hanwha Ocean May Help Rebuild US Shipbuilding
One of the world' biggest shipbuilders is considered a likely partner in Trump's goal of restoring US shipbuilding capacity.
Business
China Robotaxi Maker Pony AI Picked for Uber Mideast Joint Venture
Seasoned China robotaxi operator Pony AI is an ideal partner to help Uber catch up with Waymo and Tesla.
Cisco's Vijoy Pandey Unveils Quantum Computing Networking Chip Prototype
Cisco's Outshift incubator has developed a quantum networking chip for the quantum computing eco-system already occupied by Google and Microsoft, among others.
Vinay Prasad Named FDA's Top Vaccine Official
Prasad's longtime reputation as a vocal advocate for raising standards for vaccine approval is spooking the pharmaceutical industry.
Kevin Tian's Doppel Pits Good AI Agents Against Bad AI Bots
Doppel deploys armies of good bots to protect netizens from bad bots that phish and plant ransomeware.
$15,000 Toyota EV Developed with 100% China Talent, Supply Chain
The world's biggest carmaker succumbs to the insurmountable advantages offered by China's hyper-efficient EV supply chain.
Ivan Zhao's Notion Simplifies Work and Life for 100 Million Users
Notion hopes to wean an entire generation or two from the productivity suites offered by Microsoft and Google.
Vinod Khosla's Venture Capital Fortune Blossomed Early from Sun
The venture legend's early bets on OpenAI & DoorDash helped power Khosla Ventures' $15B AUM and his $7.7 Bil. personal worth.
Rick Song's Persona Raises $200 Mil to Protect Identities from AI Bots
In an internet increasingly overrun by both good and bad AI agents, Persona aims to provide an identity verification solution to protect both sellers and ...
Glow Recipe Hits $300M by Seducing Gen-Z Women — and Their Little Sisters
Who needs saggy skin or wrinkles to spend on skincare? Certainly not the tween girls flocking to Sephora to snap up Glow Recipe products!
Jiang-Ping Wang's Iron Nitride Magnet May End China's Dominance in Key Tech Component
A powerful magnet invented by a University of Minnesota professor will free US industry from reliance on rare-earth magnets imported from China.
Made in Where? What Luxury Brands Don’t Want on Your Feed
Trump tariffs have blown open the heavy veils of secrecy that had been protecting the fashion industry’s workings.
Why Are Sikh Truckers So Prominent in the US?
Trucking, an industry that we’ve long associated with white men, has become a go-to place of employment for Punjabi Sikhs.
Wooing Asian International Students Essential to US Tech Competition
Whether we can keep attracting Asian tech talent will determine whether the US will win the competition with China.
Why Are All Top US Chipmakers Run by Asians?
The factors behind the dominance of Asian CEOs at top US chipmakers run from the cultural to educational and social.
Chinese-Style Live Selling Gives Adrenaline Jolt to Global E-Commerce
Live selling is basically turning shopping into a happening party.
Quantum Chic: How UCSB is Styling the Next Era of Computing
The University of California, Santa Barbara is at the forefront of quantum physics, advancing science in ways we never have dreamt of
Cal Students' AI Fight Club Makes Tech Giants Sweat in Free-for-All
A handful of UC Berkeley Students have built Chatbot Arena into the AI industry’s scorekeeper.
US Hurts Itself by Blocking Nvidia's China Exports
Feeding China's addiction to Nvidia GPUs is the smart way to boost US AI progress while weakening China's.
Liang Wenfeng Develops Low-Cost AI Models that Outperform US Giants
China-based DeepSeek unleashes stunning efficiency innovations likely to disrupt global AI industry cost structures.
Linda Nguyen Unveils Bribery Charges Against Former Oakland Mayor Sheng Thao
A veteran IRS investigator used a money trail to link the mayor's allegedly corrupt transactions with a city contractor.
Jason Kim Leads Blue Ghost Lunar Lander Mission
A Korean American CEO leads Firefly Aerospace's push for leadership in end-to-end space transport services.
Meta Lobbied for TikTok Ban
The US social media giant used a GOP lobbying firm to push for a ban against its Chinese rival.
EV Tax Credit in Jeopardy During Trump's Term
Tesla, Rivian Stocks Fall on Report Trump Wants to End EV Credit
China Car Sales Hit 5th New Monthly High
China’s passenger car sales likely rose to a record monthly high of 1.15 million units in April, the official Xinhua News Agency reported Thursday, citing ...
MGM Mirage Ordered to Cut Macau Joint Venture with Pansy Ho
Gaming law enforcement authorities in New Jersey are asking that MGM Mirage be forced to cut ties with its China joint venture partner Pansy Ho ...
Bank of America Raises $13.5 Bil. Through Stock Sale
Bank of America Corp. said Tuesday that in less than two weeks it has raised $13.47 billion through the sale of 1.25 billion shares at ...
Hawaii Firm to Farm Ahi Tuna to Meet Growing Sushi Appetite
The popularity of tuna is growing as more people from Boston to Beijing learn the pleasures of succulent raw fish. But the heavy fishing of ...
Japan Economy Suffered Worst Quarterly Drop on Record
Japan’s economy likely suffered its worst contraction last quarter, the government is expected to report Wednesday, as exports plunged and companies slashed production.
Housing Construction Falls to Lowest Level on Record
World stocks lost some earlier gains Tuesday after an unexpected drop in U.S. home construction stirred worries about the economy. In afternoon European trading, Britain’s ...
Nissan Plans to Release Own Hybrids Next Year
Hybrid vehicle laggard Nissan hopes to catch up with its Japanese rivals after launching the company’s own green car technology next year, an executive said ...
Toyota Expands Hybrid Market with New Bigger Prius
Toyota rolled out the revamped Prius on Monday, and said it already had 80,000 advance orders in Japan for the remodeled hybrid amid intensifying competition ...
First China-Assembled A320 Makes Maiden Flight
America’s moms and dads are getting a good scolding: Your kids are lagging behind students all around the world. The White House says so, with ...
Factory Output Shows Depth, Pace of Slowdown
There’s one easy way to measure how much the economy is suffering during the recession: America’s factories are making far less stuff then they used ...
American Express Cuts 4,000 More Jobs
American Express said Monday it is eliminating about 4,000 jobs as part of a plan to slash another $800 million in costs for the remainder ...
Goldman Sachs, Morgan Stanley Apply to Repay TARP
Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay a combined $20 billion in federal bailout money.
GM Exports to U.S. Would Be Big Step for Chinese Carmakers
China’s auto industry has come a long way since General Motors Corp. set up its first factory here in a brand new industrial zone in ...
Indian Stocks Jump Over 17% on Election Euphoria
India’s stock market surged more than 17 percent, forcing trading to close for the day, after the Congress Party’s definitive victory in national elections put ...
Microsoft Partners with Hangzhou in Model City Pact
Microsoft Corp. announced a partnership aimed at helping make the eastern Chinese city of Hangzhou a model for innovation and protection of intellectual property, in ...
Japan's Top Banks Post Annual Losses
Top Japanese banks tumbled to steep annual losses, hit by bad loans and plunging share prices, but said Friday that they expect to turn a ...
Temasek Sells Bank of America Holdings
Singapore state investment company Temasek sold its stake in Bank of America Corp., a move that likely added to large losses last year from its ...
Panasonic Posts $4 Bil. Loss for Year
Panasonic Corp. swung deep into the red last fiscal year, joining the expanding club of big Japanese brands shellshocked by their rapid descent from cash ...
Foreign Direct Investment in China Fell 22.5% in April
China is urging its banks to be careful about how they dole out a flood of credit, while promising new help for exporters and other ...
GM to Cut 1,100 Dealerships After Chrysler's 789
A day after Chrysler LLC told a quarter of its dealers that it won’t renew their contracts, owners of General Motors Corp. dealerships are awaiting ...
Prices Rise, Jobless Claims Stay Below Peak
New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people ...
BOA Sells Stake in China Construction Bank for $7.3 Bil.
Bank of America Corp. sold part of its stake in China Construction Bank for some $7.3 billion as the U.S. lender seeks to raise billions ...
Korea Sees First Signs of Recovery
South Korea’s economy is showing encouraging signs of recovery but prospects for a full-fledged revival remain cloudy, the country’s financial regulator said Friday. “In (South) ...
Schwarzenegger Orders Layoffs to Cut $15.4 Bil. Deficit
California Gov. Arnold Schwarzenegger said Thursday that thousands of state employees must be laid off and billions of dollars must be slashed from the budget ...
Korea Unemployment Rate Falls to 3.8%
South Korea’s unemployment rate fell to 3.8 percent in April, government data showed Wednesday, adding to signs the country’s battered economy is improving.
South Korea's Hanwha Ocean May Help Rebuild US Shipbuilding
One of the world' biggest shipbuilders is considered a likely partner in Trump's goal of restoring US shipbuilding capacity.
China Robotaxi Maker Pony AI Picked for Uber Mideast Joint Venture
Seasoned China robotaxi operator Pony AI is an ideal partner to help Uber catch up with Waymo and Tesla.
Cisco's Vijoy Pandey Unveils Quantum Computing Networking Chip Prototype
Cisco's Outshift incubator has developed a quantum networking chip for the quantum computing eco-system already occupied by Google and Microsoft, among others.
Vinay Prasad Named FDA's Top Vaccine Official
Prasad's longtime reputation as a vocal advocate for raising standards for vaccine approval is spooking the pharmaceutical industry.
Kevin Tian's Doppel Pits Good AI Agents Against Bad AI Bots
Doppel deploys armies of good bots to protect netizens from bad bots that phish and plant ransomeware.
$15,000 Toyota EV Developed with 100% China Talent, Supply Chain
The world's biggest carmaker succumbs to the insurmountable advantages offered by China's hyper-efficient EV supply chain.
Ivan Zhao's Notion Simplifies Work and Life for 100 Million Users
Notion hopes to wean an entire generation or two from the productivity suites offered by Microsoft and Google.
Vinod Khosla's Venture Capital Fortune Blossomed Early from Sun
The venture legend's early bets on OpenAI & DoorDash helped power Khosla Ventures' $15B AUM and his $7.7 Bil. personal worth.
Rick Song's Persona Raises $200 Mil to Protect Identities from AI Bots
In an internet increasingly overrun by both good and bad AI agents, Persona aims to provide an identity verification solution to protect both sellers and ...
Glow Recipe Hits $300M by Seducing Gen-Z Women — and Their Little Sisters
Who needs saggy skin or wrinkles to spend on skincare? Certainly not the tween girls flocking to Sephora to snap up Glow Recipe products!
Jiang-Ping Wang's Iron Nitride Magnet May End China's Dominance in Key Tech Component
A powerful magnet invented by a University of Minnesota professor will free US industry from reliance on rare-earth magnets imported from China.
Made in Where? What Luxury Brands Don’t Want on Your Feed
Trump tariffs have blown open the heavy veils of secrecy that had been protecting the fashion industry’s workings.
Why Are Sikh Truckers So Prominent in the US?
Trucking, an industry that we’ve long associated with white men, has become a go-to place of employment for Punjabi Sikhs.
Wooing Asian International Students Essential to US Tech Competition
Whether we can keep attracting Asian tech talent will determine whether the US will win the competition with China.
Why Are All Top US Chipmakers Run by Asians?
The factors behind the dominance of Asian CEOs at top US chipmakers run from the cultural to educational and social.
Chinese-Style Live Selling Gives Adrenaline Jolt to Global E-Commerce
Live selling is basically turning shopping into a happening party.
Quantum Chic: How UCSB is Styling the Next Era of Computing
The University of California, Santa Barbara is at the forefront of quantum physics, advancing science in ways we never have dreamt of
Cal Students' AI Fight Club Makes Tech Giants Sweat in Free-for-All
A handful of UC Berkeley Students have built Chatbot Arena into the AI industry’s scorekeeper.
US Hurts Itself by Blocking Nvidia's China Exports
Feeding China's addiction to Nvidia GPUs is the smart way to boost US AI progress while weakening China's.
Liang Wenfeng Develops Low-Cost AI Models that Outperform US Giants
China-based DeepSeek unleashes stunning efficiency innovations likely to disrupt global AI industry cost structures.
Linda Nguyen Unveils Bribery Charges Against Former Oakland Mayor Sheng Thao
A veteran IRS investigator used a money trail to link the mayor's allegedly corrupt transactions with a city contractor.
Jason Kim Leads Blue Ghost Lunar Lander Mission
A Korean American CEO leads Firefly Aerospace's push for leadership in end-to-end space transport services.
Meta Lobbied for TikTok Ban
The US social media giant used a GOP lobbying firm to push for a ban against its Chinese rival.
EV Tax Credit in Jeopardy During Trump's Term
Tesla, Rivian Stocks Fall on Report Trump Wants to End EV Credit
China Car Sales Hit 5th New Monthly High
China’s passenger car sales likely rose to a record monthly high of 1.15 million units in April, the official Xinhua News Agency reported Thursday, citing ...
MGM Mirage Ordered to Cut Macau Joint Venture with Pansy Ho
Gaming law enforcement authorities in New Jersey are asking that MGM Mirage be forced to cut ties with its China joint venture partner Pansy Ho ...
Bank of America Raises $13.5 Bil. Through Stock Sale
Bank of America Corp. said Tuesday that in less than two weeks it has raised $13.47 billion through the sale of 1.25 billion shares at ...
Hawaii Firm to Farm Ahi Tuna to Meet Growing Sushi Appetite
The popularity of tuna is growing as more people from Boston to Beijing learn the pleasures of succulent raw fish. But the heavy fishing of ...
Japan Economy Suffered Worst Quarterly Drop on Record
Japan’s economy likely suffered its worst contraction last quarter, the government is expected to report Wednesday, as exports plunged and companies slashed production.
Housing Construction Falls to Lowest Level on Record
World stocks lost some earlier gains Tuesday after an unexpected drop in U.S. home construction stirred worries about the economy. In afternoon European trading, Britain’s ...
Nissan Plans to Release Own Hybrids Next Year
Hybrid vehicle laggard Nissan hopes to catch up with its Japanese rivals after launching the company’s own green car technology next year, an executive said ...
Toyota Expands Hybrid Market with New Bigger Prius
Toyota rolled out the revamped Prius on Monday, and said it already had 80,000 advance orders in Japan for the remodeled hybrid amid intensifying competition ...
First China-Assembled A320 Makes Maiden Flight
America’s moms and dads are getting a good scolding: Your kids are lagging behind students all around the world. The White House says so, with ...
Factory Output Shows Depth, Pace of Slowdown
There’s one easy way to measure how much the economy is suffering during the recession: America’s factories are making far less stuff then they used ...
American Express Cuts 4,000 More Jobs
American Express said Monday it is eliminating about 4,000 jobs as part of a plan to slash another $800 million in costs for the remainder ...
Goldman Sachs, Morgan Stanley Apply to Repay TARP
Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay a combined $20 billion in federal bailout money.
GM Exports to U.S. Would Be Big Step for Chinese Carmakers
China’s auto industry has come a long way since General Motors Corp. set up its first factory here in a brand new industrial zone in ...
Indian Stocks Jump Over 17% on Election Euphoria
India’s stock market surged more than 17 percent, forcing trading to close for the day, after the Congress Party’s definitive victory in national elections put ...
Microsoft Partners with Hangzhou in Model City Pact
Microsoft Corp. announced a partnership aimed at helping make the eastern Chinese city of Hangzhou a model for innovation and protection of intellectual property, in ...
Japan's Top Banks Post Annual Losses
Top Japanese banks tumbled to steep annual losses, hit by bad loans and plunging share prices, but said Friday that they expect to turn a ...
Temasek Sells Bank of America Holdings
Singapore state investment company Temasek sold its stake in Bank of America Corp., a move that likely added to large losses last year from its ...
Panasonic Posts $4 Bil. Loss for Year
Panasonic Corp. swung deep into the red last fiscal year, joining the expanding club of big Japanese brands shellshocked by their rapid descent from cash ...
Foreign Direct Investment in China Fell 22.5% in April
China is urging its banks to be careful about how they dole out a flood of credit, while promising new help for exporters and other ...
GM to Cut 1,100 Dealerships After Chrysler's 789
A day after Chrysler LLC told a quarter of its dealers that it won’t renew their contracts, owners of General Motors Corp. dealerships are awaiting ...
Prices Rise, Jobless Claims Stay Below Peak
New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people ...
BOA Sells Stake in China Construction Bank for $7.3 Bil.
Bank of America Corp. sold part of its stake in China Construction Bank for some $7.3 billion as the U.S. lender seeks to raise billions ...
Korea Sees First Signs of Recovery
South Korea’s economy is showing encouraging signs of recovery but prospects for a full-fledged revival remain cloudy, the country’s financial regulator said Friday. “In (South) ...
Schwarzenegger Orders Layoffs to Cut $15.4 Bil. Deficit
California Gov. Arnold Schwarzenegger said Thursday that thousands of state employees must be laid off and billions of dollars must be slashed from the budget ...
Korea Unemployment Rate Falls to 3.8%
South Korea’s unemployment rate fell to 3.8 percent in April, government data showed Wednesday, adding to signs the country’s battered economy is improving.
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