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Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand

Meta starts dismantling its $2 billion Manus acquisition after Beijing ordered the deal reversed.

AIGovernment & PolicyChinamanusManus AIMeta
TechCrunch Jun 14, 2026, 00:03 UTC
EN

China is increasingly keeping its best AI talent to itself

China's AI boom is producing world-class talent, and Beijing is increasingly reluctant to let them go elsewhere.

AIGovernment & PolicyChinatravel ban
TechCrunch May 27, 2026, 13:48 UTC
EN

Trump administration permits Volvo to keep selling connected cars in the US

Volvo, which is majority owned by China's Geely Holdings, said it can now move forward with its expansion plans for its U.S. factory.

TransportationChinaconnected carsVolvo Cars
TechCrunch May 26, 2026, 22:55 UTC
EN

Trump Admin permits Volvo to keep selling connected cars in the U.S.

Volvo, which is majority owned by China's Geely Holdings, said it can now move forward with its expansion plans for its U.S. factory.

TransportationChinaconnected carsVolvo Cars
TechCrunch May 26, 2026, 22:55 UTC
EN

US orders travelers on Air Force One to throw away gifts, pins, and burner phones after China trip

People who travelled to Beijing for a summit between the United States and China had to throw away items they received during the trip before boarding…

SecurityChinacybersecurityDonald TrumpespionageOPSECU.S. governmentWhite House
TechCrunch May 15, 2026, 15:42 UTC
EN

China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets

Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.

AIStartupsChinakimilarge language modelsmoonshot ai
TechCrunch May 7, 2026, 13:44 UTC
EN

DeepSeek could hit $45B valuation from its first investment round

In just a few weeks of talks, DeepSeek's potential valuation has reportedly soared from $20 billion to $45 billion.

AIStartupsTCChinadeepseek
TechCrunch May 6, 2026, 17:20 UTC

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