Category : Search result: Chinese tech investment


Chinese astronauts return from space station rescue

Three Chinese astronauts stranded at Tiangong space station will return to Earth using the spacecraft that delivered their replacement crew. The Shenzhou mission demonstrates China's growing space capabilities.

AI Megadeals Drive Canadian VC to $1.8B in Q3

Canadian venture capital activity rose to $1.8B in Q3 2025, fueled by AI megadeals like Cohere. Despite the quarterly uptick, year-to-date investment of $4.9B lags significantly behind 2024.

Last Chinese Canadian WWII Soldier Dies at 99

The last Chinese Canadian WWII soldier, Gordie Quan, died at 99. Remembrance Day ceremonies in Vancouver honoured his legacy and Cold War veterans who continue to serve.

Microsoft's $10B AI Investment in Portugal

Microsoft announces massive US$10 billion investment in Portuguese AI data center, signaling major commitment to European artificial intelligence infrastructure development.

SoftBank sells $5.8B Nvidia stake for OpenAI focus

Japanese investment giant SoftBank has divested its entire Nvidia position worth $5.8 billion, redirecting capital toward OpenAI and artificial intelligence ventures. Discover the strategic shift.

EU Eyes Banning Huawei from Mobile Networks

The European Commission is pushing to legally require EU members to phase out Huawei and ZTE from telecom networks, citing security risks. This could spark a political battle.

Lightspeed Q2 Revenue Jumps 25%, Raises Guidance

Montreal-based tech giant Lightspeed Commerce reports strong Q2 2024 results with revenue climbing to $230.3 million, prompting increased full-year financial guidance amid global expansion.

Will Ottawa's Budget Actually Spur Business Investment?

The federal government's latest budget promises billions to spur business investment, but economists and industry leaders question whether the measures will deliver real results or fall short of expectations.

North Bay senior loses $250K in investment scam

A North Bay resident has fallen victim to a devastating investment fraud, losing a quarter-million dollars. Ontario Provincial Police are warning the public about sophisticated financial scams targeting Canadians.

Meta Stock Tumbles on AI Spending Fears

Meta Platforms faces investor backlash as ambitious AI infrastructure investments trigger stock decline. Discover how Zuckerberg's AI ambitions are reshaping the company's financial landscape.

China sentences 5 Myanmar gang members to death

Chinese court issues capital punishment for Myanmar nationals involved in brutal organized crime ring targeting Chinese citizens abroad. The landmark case highlights international cooperation against transnational criminal networks.

Global Markets Retreat as Tech Stocks Decline

Global stock markets face pressure as major technology companies experience significant declines, dragging down U.S. indices and creating ripple effects across international markets.

Canada's $1 Trillion Tax Boost for Businesses

The federal government is proposing sweeping tax changes that could unlock over $1 trillion in private investment, targeting immediate expensing for businesses in key sectors to boost Canada's economic competitiveness.

Amazon Canada's Top 27 Products With Perfect Ratings

Discover the most beloved Amazon Canada products that are dominating with perfect 5-star ratings. From home organization to tech gadgets, these items have won over thousands of Canadian shoppers.

NextStar Energy Pivots to Energy Storage in Windsor

NextStar Energy is shifting gears at its Windsor, Ontario plant to manufacture energy storage batteries, adapting to the slowing electric vehicle market while maintaining its commitment to clean energy technology.

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