China clears Apple iPhone AI rollout with Alibaba, Baidu
Why it matters: The approval opens Apple Intelligence in its biggest smartphone market and lifted Alibaba ADRs as much as 7.9%.
Bloomberg, The Straits Times
Subject
#Baidu
Alibaba sued Pentagon over blacklist tied to China military claims
What's next: A June 30 contracting ban could cut off Alibaba's US advisers and lobbyists if it stays on the 1260H list.
The New York Times, Bloomberg +2
US adds Alibaba, Baidu, BYD and NIO to Pentagon blacklist
Why it matters: The designation can bar direct Pentagon contracts and tighten third-party purchasing limits starting in 2027.
Pentagon puts Alibaba, Baidu and BYD back on China military list
Why it matters: The 1260H label can block Pentagon contracts and research funds and often foreshadows tougher US trade curbs.
BBC News (US & Canada), Bloomberg +5