China launches an antitrust probe into Google

China announced retaliatory measures against the U.S., including tariffs on coal, LNG, and crude oil, along with an antitrust probe into Google. Two U.S. firms were placed on China’s unreliable entity list, restricting their investments in the country. Google’s history in China dates back to 2006, but it shut down its search engine there in 2010 due to censorship concerns. Beijing later blocked all Google … Continue reading China launches an antitrust probe into Google

PepsiCo earnings beat estimates, but demand for drinks and snacks drops

PepsiCo reported mixed quarterly results as North American demand for its snacks and drinks declined for the fifth straight quarter. Shares fell more than 2% in premarket trading. The company reported adjusted earnings per share of $1.96, slightly beating the $1.94 expected. Revenue came in at $27.78 billion, just below the expected $27.89 billion. Net income rose to $1.52 billion, or $1.11 per share, from … Continue reading PepsiCo earnings beat estimates, but demand for drinks and snacks drops

Chinese start-up Unitree sees humanoid robots in wide commercial use this decade

Chinese start-up Unitree, known for its quadruped robot dogs, is now focusing on humanoid robots, forecasting significant advancements in AI and robot capabilities by 2026. This week, the company showcased 16 humanoid robots performing Chinese folk dance at the Spring Festival Gala, marking the world’s first large-scale, fully AI-driven humanoid robot performance. Unitree has been testing its humanoid robots in Chinese EV factories and major … Continue reading Chinese start-up Unitree sees humanoid robots in wide commercial use this decade

Space Force developing plan for maneuverable GEO satellite services

The U.S. Space Force is set to collaborate with commercial companies operating in geostationary orbit for satellite services, including communications and navigation. Col. Richard Kniseley from Space Systems Command’s Commercial Space Office announced plans for a vendor pool named Maneuverable GEO, aiming to onboard innovative capabilities by next year. This indefinite-delivery, indefinite-quantity contract will enable various Defense Department agencies to procure satellite services. The initiative … Continue reading Space Force developing plan for maneuverable GEO satellite services