Major Chinese seller on Amazon allegedly solicited ‘contract killing’ in feud with US warehouse owner: lawsuit

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Executives at one of Amazon’s biggest third-party sellers allegedly posted ads seeking a contract killer to target the boss of a US warehouse operator as the companies feuded over millions of dollars in storage fees, The Post has learned. The bizarre legal beef erupted last spring, when China-based DIY manufacturer Vevor saw $55 million in […]


Chinese tech companies progress remarkable

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The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC. Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society. The pace of technological advance in “many fields,” including […]


Chinese tycoon tied to $11B ‘pig butchering’ bitcoin scam taken into custody

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A Chinese-born tycoon who is wanted in the US for allegedly stealing at least $11 billion worth of bitcoin as part of a “pig butchering” scam targeting Americans and others has been taken into custody in Asia, according to local authorities. Chen Zhi, chairman of Cambodia-based multinational conglomerate Prince Group, was arrested by law enforcement […]


Tesla loses spot as world’s top EV seller to Chinese rival after car deliveries plunge 9% in 2025

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Tesla said its vehicle deliveries plunged 9% in 2025 – a worse-than-expected drop that knocked Elon Musk’s company out of its No. 1 spot among world’s EV sellers and handed it to a Chinese rival. The electric automaker said Friday it recorded deliveries of 418,227 in the fourth quarter, down 16% from the same period […]


Meta snaps up AI startup Manus for $2B, drawing scrutiny over new acquisition’s Chinese roots

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Meta Platforms is plowing ahead in the AI arms race, snapping up fast-rising startup Manus for more than $2 billion in a lightning deal that delivers a revenue-generating AI agent business — and draws fresh scrutiny over the new acquisition’s Chinese roots. The sale, which was reported by The Wall Street Journal, caps a meteoric […]


TikTok’s Chinese owner ByteDance inks deal to sell US operations to American investors, including Oracle

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TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, TikTok CEO Shou Zi Chew told employees on Thursday. The deal is a major step toward resolving years of uncertainty about the short video app’s […]


Global robotaxi race heats up between U.S. and Chinese rivals

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Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese robotaxi companies are expanding abroad at a faster clip than U.S. rivals Waymo and Tesla — at a time when industry leaders say autonomous driving is finally near an inflection point. “I […]


Chinese EV firms take fight to European automakers on their home turf

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Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Germany this week played host to one of the world’s biggest auto shows — but in the heartland of Europe’s auto industry, it was buzzy Chinese electric […]


Pro Chinese cybercrime group manipulates SEO to boost gambling websites

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ESET researchers have uncovered a professional Chinese cybercrime group that’s manipulating SEO to boost traffic to gambling websites. Nicknamed GhostRedirector by cybersecurity software company ESET, the bad actor is believed to have compromised at least 65 Windows servers located mainly in Brazil, Thailand, and Vietnam. The researchers claim that the group is using two custom-made […]


Intel CEO Lip-Bu Tan calls out ‘misinformation’ after Trump demands he step down on reported ties to Chinese military

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Embattled Intel CEO Lip-Bu Tan pushed back on “misinformation” over his alleged financial ties to China after President Trump called on him to resign over a potential conflict of interest. “I want to be absolutely clear: Over 40+ years in the industry, I’ve built relationships around the world and across our diverse ecosystem – and […]