
Chinese AI Start-up ModelBest Starts Pre-IPO Tutoring for Mainland Listing
Chinese AI start-up ModelBest has initiated pre-IPO tutoring with Citic Securities for a mainland listing, leveraging its small-model strategy amid US chip shortages.

Chinese AI start-up ModelBest has initiated pre-IPO tutoring with Citic Securities for a mainland listing, leveraging its small-model strategy amid US chip shortages.

ModelBest, a Chinese AI startup, has initiated its pre-IPO tutoring process for a mainland China listing, leveraging demand for compact AI models and navigating chip shortages with lightweight, domestically optimized systems.

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A former Deloitte IT manager in Hong Kong has been remanded in custody after pleading guilty to stealing 423 laptops worth HK$1.2 million over 17 months to fund his stock trading losses.

A roundup of tech and science news: HP OmniBook 5 discount, gaming laptop reviews, Flock's rideshare tech plans, disabling Gmail/Google Docs AI, security risks in 'no reply' emails, WhatsApp's new @all feature, the impact of wildfires in Spokane, the controversy around Yiyang Zhuge, top TV shows to stream, NYC's tech overhaul, and the creation of new viruses using AI.

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Samsung's CFO warns of deepening RAM chip shortages until 2028, driven by AI demand for high-bandwidth memory. This has halved business for some vendors, quadrupled prices, and impacts PC and automotive sectors globally, with Chinese competition also emerging.

O3 Space, a startup founded by Luca Yang, has opened a 24/7 study cafe in Sydney, transforming a former radical bookshop site. Popular with students, the cafe offers a unique "third place" environment, charging hourly after three free weekly hours, and plans to expand its around-the-clock access.

Dell's new Alienware 15 aims to be a viable budget gaming laptop amidst rising hardware prices, offering solid performance with an RTX 5050 GPU and ample ports. However, it compromises on display quality, Wi-Fi connectivity, and faces stiff competition from similarly priced alternatives like the Lenovo LOQ 15.

The UK's Information Commissioner’s Office (ICO) executed warrants in five cities, seizing laptops, phones, and documents in a crackdown on claims companies sending spam texts about the car finance mis-selling scandal. This action targets firms believed responsible for 170m texts, following 12m public complaints since September 2025.
Expert recommendations for the best laptops across various categories, including budget, performance, and gaming, based on extensive testing.

A Secretaria de Meio Ambiente de Minas Gerais (Semad) suspendeu as operações de extração da Sigma Lithium, maior produtora de lítio do Brasil no Vale do Jequitinhonha, a partir de 13 de julho, por intervenções em cursos d'água, supressão de vegetação e extração sem licença. A empresa nega irregularidades, pagará multas de US$ 540 mil e negocia um acordo de regularização.

Samsung's new Galaxy Z Fold8 offers a fresh form factor, wider, shorter, and lighter, catering to smartphone video watching habits, but how does it compare to other eighth-gen foldables?

Despite technological advancements minimizing electromagnetic interference, mobile phones remain restricted on airplanes due to potential ground network overload from billions of passengers and concerns about 5G wireless networks interfering with aircraft navigation near airports. Additionally, cabin crew and passenger social experience are factors.

Beijing-based ModelBest, a key player in on-device AI, secured over 5 billion yuan (US$738 million) in funding this year, pushing its valuation to 20 billion yuan after its latest C+ Series round. This milestone highlights growing investor confidence in China's local AI sector.

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MSI's Katana gaming laptop with a 1440p display, RTX 5060 GPU, and 16GB RAM is on sale for $1,133.67. Other deals include Ugreen's 10-port PoE switch for $37.97 and the 1990s Teenage Mutant Ninja Turtles trilogy in 4K Blu-ray for $39.09.

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Apple has increased prices for Macs and iPads due to rising memory chip costs. This makes current discounts on models like MacBook Air and Pro significantly more attractive, with some deals offering substantial savings compared to the new retail prices. Retailers are updating pricing, but some older deals may still be available.

Australia erupted in celebration as the Socceroos drew against Paraguay, ensuring their progression to the World Cup knockout phase for the second consecutive time. Pubs and public spaces were filled with enthusiastic fans, uniting communities across the country.

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