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Foreign-brand phone shipments to China rose 1.8% in April, CAICT data shows

Foreign-branded smartphone shipments to China, a category dominated by Apple, rose 1.8% year-on-year in April to 3.59 million handsets, according to Reuters calculations based on figures published by the China Academy of Information and Communications Technology, the government-run research body that tracks domestic handset shipments. The number is a meaningful deceleration. Foreign-brand shipments to China grew […]

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Uber president says AI spending is getting ‘harder to justify’

After reportedly exhausting its annual AI budget just four months into 2026, Uber is now questioning whether it’s actually seeing meaningful returns on its investments. In an interview with Rapid Response, Uber president and chief operating officer Andrew Macdonald said the company isn’t seeing a connection between rising token consumption for Claude Code and more […]

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China extends AI travel curbs from DeepSeek to other private firms

Top researchers at private Chinese AI companies are being asked to surrender passports, in a quiet expansion of the controls that began at DeepSeek earlier this year. China is widening its informal travel restrictions on senior AI researchers, extending controls that began at DeepSeek earlier this year to a broader group of private-sector firms working at the […]

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