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Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.

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Atlas V's Final Chapter: Six Rockets, One Customer

United Launch Alliance's workhorse rocket closes its commercial manifest, leaving only Boeing Starliner missions on the books as the company transitions to Vulcan

By Marcus Halloran·Jul 8, 2026·5 min read
Startups

Li Auto Flattens Command Structure as EV Maker Pursues Speed Over Scale

The Chinese automaker is dissolving middle management layers to push product decisions closer to engineering teams, a restructuring that ech

Wei Zhang ·   · 5m
Startups

Xbox Targets One Billion Daily Users After Historic Restructuring

As Microsoft's gaming division announces its largest-ever workforce reduction, CEO Asha Sharma outlines an ambitious growth vision that stan

Daniel R. Whitfield ·   · 5m
Startups

Bidbus Raises $15M to Turn Used Car Sales Into a Dealer Bidding War

The LA startup claims its marketplace nets sellers $2,000-$3,000 more than instant-buy platforms by making dealerships compete in real time

Marcus Halloran ·   · 5m
Startups

Norm Reaches Unicorn Status With $120M Series C for AI-Supervised Legal Practice

The startup's outcome-based billing model and agent-supervising-agent architecture challenge traditional law firm economics as enterprise cl

Arjun S. Mehta ·   · 5m
Startups

SpaceXAI Emerges as Musk Consolidates AI Under Orbital Ambitions

The merged entity's new identity signals a strategic pivot toward space-based compute infrastructure, with implications for Asia's cloud pro

Arjun S. Mehta ·   · 8m
Startups

Sumitomo Mitsui Trust Bank Takes 15% Stake in New Zealand Infrastructure Firm

Japanese banking giant partners with Morrison to chase data center and energy infrastructure opportunities driven by AI expansion

Kenji Watanabe ·   · 5m
Startups

Growatt Returns to Hong Kong IPO Queue After Two Postponements

The Chinese inverter maker's third attempt reflects both capital market turbulence and a strategic pivot toward energy storage systems as so

Wei Zhang ·   · 4m
Startups

Hong Kong IPO Filing Reveals Young Founder's Strategy at Direct Drive Tech

At 31, the CEO has guided the precision motor manufacturer through listing approval as mainland firms eye offshore capital amid evolving cro

Wei Zhang ·   · 5m
Startups

Domestic Semiconductor Toolmakers in China Face Profitability Scrutiny Amid Stock Surge

A rally in chip equipment stocks driven by memory expansion bets now confronts the reality check of earnings disclosure, testing investor co

Wei Zhang ·   · 4m
Startups

Microsoft Cuts 3,200 Xbox Jobs and Divests Five Studios in Division Reset

New CEO Asha Sharma implements sweeping restructuring following admission of "hard truths" about gaming unit performance

Marcus Halloran ·   · 4m
Startups

Microsoft Cuts 4,800 Jobs as Commercial Division Bears Brunt of New Layoffs

The company eliminated 3,200 positions outside gaming alongside 1,600 Xbox cuts, while executives frame AI as a catalyst for workforce restr

Marcus Halloran ·   · 4m
Startups

Tencent Cuts Kuaishou Stake by 40% Days After Backing $3B Kling AI Round

The move drops Tencent below substantial shareholder threshold at Kuaishou even as it leads a massive financing for the platform's AI video

Wei Zhang ·   · 4m
Startups

Agility Robotics Takes the SPAC Route, Betting on Warehouse Reality Over Home Dreams

As humanoid startups tout billion-dollar valuations, the Salem-based robotics maker is heading to public markets with paying customers, indu

Marcus Halloran ·   · 5m
Startups

The Unicorn Factory of 2026: What 90 New Billion-Dollar Startups Reveal About Capital Flow

From space-based power grids to AI hardware inference, venture capital is minting unicorns at a pace unseen since 2021 - but the composition

Arjun S. Mehta ·   · 9m
Startups

Shenzhen's Even Realities Reaches Unicorn Status on Display-First Smart Glasses Bet

The three-year-old startup raised $150 million from Meituan and Tencent while deliberately skipping cameras in favor of privacy-conscious he

Wei Zhang ·   · 5m
Startups

Microsoft Cuts 4,800 Roles as AI Reshapes Sales and Gaming Operations

The Redmond giant trims 2.1 percent of its global workforce, concentrating reductions in commercial sales teams and Xbox as it realigns for

Daniel R. Whitfield ·   · 5m
Startups

Xbox Cuts 3,200 Jobs and Spins Out Four Studios in Gaming Reset

The division admits its business model isn't working as hardware costs rise and Game Pass growth stalls, forcing a fundamental restructuring

Marcus Halloran ·   · 5m
Startups

Microsoft Begins Divestiture of Four Xbox Studios Amid Gaming Division Reset

The tech giant is cutting nearly 1,600 Xbox roles in the first wave of a broader restructuring that will see 20 percent of gaming jobs elimi

Marcus Halloran ·   · 5m
Startups

Microsoft Cuts 4,800 Jobs as Xbox Business Undergoes Historic Restructuring

The software giant eliminated 2.1% of its workforce, with gaming division facing 1,600 cuts amid margin pressure and a broader shift toward

Daniel R. Whitfield ·   · 6m
Startups

China's Manufacturing Edge Could Reshape the Trillion-Dollar Robotaxi Race

As production costs for autonomous ride-hailing hardware fall sharply in China, the economics of driverless fleets are shifting faster than

Arjun S. Mehta ·   · 7m
Startups

Uber Freezes Five European Market Launches Amid Delivery Hero Acquisition Push

The ride-hailing giant has paused expansion into Austria, Norway, and Greece as it pursues a multibillion-euro takeover deal.

Arjun S. Mehta ·   · 4m
Startups

Hangzhou's Unitree Robotics Clears Path to Shanghai IPO Amid Valuation Questions

The humanoid robot maker's public debut arrives as venture capital pours into China's embodied AI sector, setting up a critical test of inve

Wei Zhang ·   · 5m
Startups

Milan's Bending Spoons Doubles Valuation at IPO, Now Controls AOL and Vimeo

The Italian tech conglomerate's Nasdaq debut at a $25 billion market cap validates a controversial playbook of acquisitions, layoffs, and pr

Arjun S. Mehta ·   · 6m
Startups

Honda Redirects Ohio Battery Production to Storage Market After U.S. EV Exit

The Japanese automaker is channeling cells originally meant for electric vehicles into data centers and grid infrastructure, joining a rush

Arjun S. Mehta ·   · 5m