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Corporate Newsin Technology
8 hours ago

Alibaba faces a deepening financial crisis amid intense competition, while Asus unveils sleek new laptops with advanced AI and graphics tech, mirroring Apple's design. Meanwhile, Apple, Mastercard, and Visa score a legal win as their antitrust lawsuit is dismissed.

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Alibaba Risks Deepening $100 Billion Rout as Turf War Heats Up
negativeTechnology
Alibaba is getting hammered in a brutal food-delivery war in China, and it’s costing them big—$100 billion in market value wiped out so far. The fight shows no signs of letting up, and profits (not to mention investor nerves) are taking a serious hit.
Editor’s Note: This isn’t just about Alibaba’s stock price—it’s a high-stakes brawl in one of China’s most cutthroat markets. When giants like this clash, it reshapes entire industries, affects jobs, and can even change how everyday services (like food delivery) work for millions of people. Investors are watching closely because if Alibaba stumbles here, the ripple effects could spread far beyond its balance sheet.
New Asus Pro laptops look a lot like Apple's Space Black MacBook Pro, and pair an AMD Ryzen 9 AI CPU with an RTX 5070
positiveTechnology
Asus just dropped two new ProArt laptops that seem to take a page from Apple’s design playbook—especially with that sleek Space Black look. But under the hood, they’re packing serious firepower for creatives: an AMD Ryzen 9 AI chip, RTX 5070 graphics, OLED touchscreens, and AI tools like MuseTree. These machines are clearly gunning for professionals who want high-end performance on the go.
Editor’s Note: If you’re a designer, editor, or anyone who needs a portable workstation, this is a legit alternative to Apple’s pricier MacBook Pros. The specs are cutting-edge, and the inclusion of AI-focused features shows where the industry’s headed. Plus, more competition means better options (and maybe better prices) for users. Win-win.
Apple, Mastercard and Visa's antitrust lawsuit over payments has been dismissed
neutralTechnology
A U.S. judge tossed out an antitrust lawsuit against Apple, Mastercard, and Visa, which accused the companies of colluding to block competing payment services on iPhones. The plaintiffs—a group of merchants and consumers—claimed the tech and financial giants unfairly restricted access to NFC (near-field communication) technology, forcing them to use Apple Pay. The judge ruled there wasn’t enough evidence to prove illegal coordination between the companies.
Editor’s Note: This ruling is a win for Apple and the payment giants, at least for now—it keeps their grip on mobile payments intact. But it’s not the end of the road: regulators worldwide are still scrutinizing Apple’s control over iPhone features, and similar lawsuits could pop up again. For consumers and businesses, it means Apple Pay stays the default option unless regulators or courts force a change down the line.
T-Mobile follows orders from Trump FCC, ends DEI to get two mergers approved
negativeTechnology
T-Mobile has scrapped its diversity, equity, and inclusion (DEI) programs to secure approval for two major mergers, following pressure from FCC Commissioner Brendan Carr, who was appointed by former President Trump. The move highlights how regulatory demands can shape corporate policies, even on contentious social issues.
Editor’s Note: This isn’t just about mergers—it’s a glimpse into how politics and regulation collide with corporate decision-making. DEI programs have been flashpoints in culture wars, and T-Mobile’s concession raises questions about whether other companies might face similar trade-offs. For employees and advocates, it’s a step backward; for critics of DEI, it’s a win. Either way, it shows how business and ideology are increasingly tangled.
Uber’s India Ambitions Face Latest Challenge From Rival Rapido
neutralTechnology
Uber’s push to dominate India’s ride-hailing market is hitting another speed bump—this time from homegrown rival Rapido. While Uber’s a household name globally, Rapido’s been quietly gaining traction in India, growing its user base faster than the American giant. This isn’t just a corporate spat; it’s a sign of how local players can outmaneuver global tech titans in their own backyard.
Editor’s Note: India’s ride-hailing scene is turning into a battleground, and Uber’s struggling to keep up with scrappy local competitors like Rapido. For riders, more competition could mean better prices and options, but for Uber, it’s a wake-up call—winning in emerging markets isn’t as easy as just showing up. If Rapido keeps this momentum, it could reshape who dominates the future of mobility in one of the world’s biggest markets.
Nvidia’s Jensen Huang Meets With Trump Ahead of CEO’s China Trip
neutralTechnology
Nvidia CEO Jensen Huang is set to meet with former President Donald Trump at the White House this Thursday, just before heading to China. The sit-down comes at a pivotal time for the semiconductor giant, which has been navigating complex U.S.-China tech tensions. No official agenda has been disclosed, but the timing suggests discussions could touch on trade, AI leadership, or supply chain security.
Robot maker AgiBot seeks stake in Shanghai firm in potential back-door listing
neutralTechnology
AgiBot, a Tencent-backed humanoid robot maker, is making moves to acquire a controlling stake (over 63%) in Shanghai-listed Swancor Advanced Materials for around $279 million. This has fueled rumors that the startup—founded less than three years ago—might be angling for a back-door listing, bypassing the usual IPO process to go public faster.
Editor’s Note: Back-door listings are a sneaky (but legal) way for companies to go public without the red tape of a traditional IPO. For AgiBot, this could mean quicker access to capital and more visibility in the competitive robotics space. But it’s also a gamble—investors might question the optics of sidestepping the usual IPO scrutiny. Either way, it’s a bold play for a young company.

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