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Geely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet

Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million (RMB 3.8 billion) Series B raise that the company says will help it upgrade its tec

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U.S. lawmakers make green energy a priority

02:01 U.S lawmakers were this Monday trying to complete legislation that puts green energy at the heart of a 1 trillion dollar infrastructure upgrade.They've spent months negotiating th

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Summer Sale: Save 10% on Extra Crunch membership

From now until July 5th, we are offering 10% off annual Extra Crunch membership. This offer is valid for readers in the U.S., Canada, Europe, UK, and Israel.Claim the deal by navigating here.Extra Cru

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China to boost development of museums

China will pool efforts to promote the high-quality development of museums with the aim to build itself into a country with top-level museums by 2035, noted a guideline issued on Monday.According to t

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How does AI upgrade the automotive industry?

03:36 From RD to manufacturing and retail, AION, an electric car brand under Guangzhou Automobile Group aims to do it all digitally, to accommodate the growing technolo

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Egypt sacks railway authority chief after deadly train accidents

FILE PHOTO: People gather around the wreckage of two trains that collided in the Tahta district of Sohag province, some 460 kms (285 miles) south of the Egyptian capital Cairo. /Getty Images E

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Take a look at modern agriculture in Xinjiang

03:29 For the cotton farmers in Bachu, Xinjiang, the soil is as precious as life itself. In recent years, under China's policy to "vitalize the countryside," cotton far

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China to promote digitalization in tax system

The staff members of a tax service office are instructing taxpayers to handle relevant tax-related businesses through self-service machines in Nantong City, east China'

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Greece, France to sign $2.8 billion fighter jet deal

Greece is due to sign a 2.3 billion-euro ($2.8 billion) deal with France on Monday to purchase 18 Rafale fighter jets as tensions grow with neighbor Turkey.Florence Par

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President Xi signs mobilization order for training of armed forces

Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission (CMC), signedMond

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Apple to pay $113m settlement after admitting slowing down older iPhones

The tech giant had already agreed to pay up to $500m to settle a lawsuit brought in California in relation to the case.

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Egypt's road network upgrade reduces deaths of traffic accidents

Vehicles run on a bridge in Cairo, Egypt, Nov. 1, 2020. /Xinhua The upgrade of Egypt's national road network and the establishment of new roads and bridges have largely contributed to the decl

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LA-based MarketerHire upgrades its service matching remote marketers with companies

MarketerHire, a Los Angeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs li

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What the iPhone 12 tells us about the state of the smartphone industry in 2020

The smartphone industry was in transition well before COVID-19 was a blip on anyone’s radar. More than 13 years after the launch of the original iPhone, these products have long since transitioned fro

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Shenzhen's new development path focuses on innovation

04:08 Last August, China's central government issued guidelines and advice encouraging Shenzhen to advance the city's opening-up in the new era and build it into a pilot demonstration

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FAA issues new proposed Boeing 737 MAX pilot training procedures

Boeing 737. /VCG The Federal Aviation Administration (FAA) on Tuesday issued a draft report on revised training procedures for the Boeing 737 MAX, a key milestone to the plane's eventual ungro

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India's Q1 GDP plummets, global rating firms lower growth expectations

New Delhi, capital of India. /VCG India's Gross Domestic Product (GDP) has shrunk by 23.9 percent year on year in the first quarter of the financial year 2020-21, as a strict national lockdown