China suspends new autonomous vehicle licenses following a traffic disruption involving Baidu Apollo Go robotaxis in Wuhan. The move comes after dozens of vehicles stopped unexpectedly last month.

Parallel Web Systems raises $100 million in Sequoia Capital-led Series B round, valuing the company at up to $2 billion.

Parallel Web Systems has raised $100 million in a Series B funding round led by Sequoia Capital, valuing the company at up to $2 billion.

China unveils penalties for unauthorized rare earths output in push for 'total control'; stocks climb.

Shares in China's major rare earth producers rose after the government announced detailed penalties for unauthorized output, a new step to strengthen Beijing's control over the strategically vital industry.

Beijing orders Meta to unwind $2 billion investment in AI startup Manus

The Chinese startup Manus, once seen as an AI breakthrough, is now a cautionary tale after Beijing regulators ordered Meta to reverse its $2 billion investment.

Xi Jinping's rare earths dominance gives him $1.2 trillion leverage for summit with Trump in Beijing next month.

China’s dominance of rare earths supply chains gives President Xi Jinping economic leverage worth $1.2 trillion in his planned summit meeting with US President Donald Trump in Beijing next month