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Beijing is summoning executives again, but here’s why that’s causing less worry than in 2021
Beijing is summoning tech executives for meetings as it did in 2021, but now it has less room to wield a heavy hand due to deflation and rivalry with the U.S.
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CNBC’s The China Connection newsletter: Tackling EV trucks after success with cars
Beijing’s latest push into electric trucks has echoes of measures announced more than a decade ago to develop new energy passenger cars.
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Tesla crash that killed a woman under US federal investigation
A Tesla driver on Friday said he was using ‘self-driving’ technology after his vehicle sped into a Texas home.
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Oracle workforce shrinks by about 21,000 employees amid AI adoption
June 22 : Oracle’s total workforce declined 13 per cent, or about 21,000 employees in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption of AI across its operations.The company had a total workforce of 141,000 as of May 31, 2026, compared with about 1
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Solar manufacturing group seeks US tariff probe into Korean imports
June 22 : Three solar panel makers asked U.S. trade officials to investigate cell imports from South Korea, saying producers including Hanwha’s Qcells are using them to evade longstanding U.S. tariffs on Chinese products, according to a petition viewed by Reuters.The petition was filed with the Department of
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Constant Messi chatter causes Argentina boss Scaloni fatigue
ARLINGTON, Texas, June 22 : Argentina coach Lionel Scaloni admitted to being fatigued by the endless questions around the regular record-breaking feats of Lionel Messi after seeing his captain become the World Cup’s all-time leading scorer on Monday.The Inter Miami player’s double in the 2-0 win over Austria
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BP, Marathon, 7-Eleven, Walmart sued for allegedly using AI to boost California gas prices
June 22 : Gas station operators including BP, Circle K, Marathon Petroleum, 7-Eleven, Walmart and Albertsons were sued on Monday by California drivers who accused them of using artificial intelligence to boost prices at the pump.According to a proposed class action, the defendants violated California’s main a
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IBM partners with OpenAI on enterprise security AI
June 22 : IBM on Monday said it has partnered with OpenAI to integrate frontier AI capabilities into enterprise security workflows, aiming to counter rapidly evolving cyber threats.Shares of the company rose 3.6 per cent in trading after the bell.Here are a few details on the partnership:• IBM
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Mexico’s comfort zone could open door for urgent Czech Republic
MEXICO CITY, June 22 : Mexico have already booked their place in the knockout stage and guaranteed top spot in Group A, but Wednesday’s match against the Czech Republic may still carry more risk than the standings suggest.The co-hosts enter their last group match at Estadio Azteca with six points from two gam
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Messi’s record 18 World Cup goals cement longevity, redefine greatness
KANSAS CITY, Missouri, June 22 : Two days from turning 39, already older than Diego Maradona was when he retired from soccer, Lionel Messi cannot stop breaking records.On Monday, the Argentina captain added another line to a career that includes magic, greatness and drama, scoring twice in a 2-0 win over Aust
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