Xiaomi delivers record cars in March as winners emerge in China’s EV race

Posted on April 3, 2025 by Techme101

Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.

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Trump’s Tariffs Could Reshape the US Tech Industry

Posted on April 3, 2025 by Techme101

Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from Trump’s trade policies, but some software firms expect more demand for their services.

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De minimis trade loophole that boosted Chinese online retailers to end May 2

Posted on April 3, 2025 by Techme101

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.

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Trump and DOGE Defund Program That Boosted American Manufacturing for Decades

Posted on April 3, 2025 by Techme101

President Donald Trump says taxing imports will strengthen domestic manufacturing. Hours before announcing new tariffs, his administration cut support for centers that help US firms do just that.

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Trump Tariffs Hit Antarctic Islands Inhabited by Zero Humans and Many Penguins

Posted on April 3, 2025 by Techme101

The Heard and McDonald Islands are among the dozens of targets of President Donald Trump’s latest round of tariffs. But they have no exports, because no one lives there.

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Apple leads drop in tech stocks after Trump tariff announcement

Posted on April 2, 2025 by Techme101

Tech stocks fell after hours on Wednesday following President Trump’s announcement of reciprocal tariffs.

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Trump’s New Tariffs Test Apple’s Global Supply Chain

Posted on April 2, 2025 by Techme101

The iPhone maker spent years trying to move production of some products out of China to avoid tariffs. But now that may not matter.

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To Counter Trump’s Tariffs on Goods, Countries May Hit Back at US Services

Posted on April 2, 2025 by Techme101

Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.

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Space solar startup Aetherflux raises $50M to launch first space demo in 2026

Posted on April 2, 2025 by Techme101

Aetherflux, the space solar startup founded by Baiju Bhatt, the billionaire co-founder of Robinhood, has raised $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026.  The San Carlos, California-based startup, which came out of stealth last October, aims to eventually launch a constellation of […]

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Stablecoin issuer Circle takes another stab at a public listing

Posted on April 2, 2025 by Techme101

Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on its reserve assets, reported that its 2024 revenue and reserve income was $1.68 billion, up from $1.45 billion the year prior. Circle’s 2024 net income was $156 million, […]

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