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Kuaishou was accused of violating the Cybersecurity Law by failing to remove unauthorised content in a timely manner. Photo: Shutterstock

Big Tech

TikTok rival Kuaishou gets police warning over content moderation

The warning was over alleged lapses in dealing with prohibited content in a timely manner and failing to protect minors.

Baidu’s 3rd-quarter revenue falls 3% as economic woes hit ad spending

Shanghai court says crypto ownership legal in China amid bitcoin price surge

Policy

China’s Xi talks cyber unity as US seeks AI ‘Manhattan Project’

In video speech delivered to the annual World Internet Conference, Xi Jinping called for ‘inclusive’ cyberspace development as US-China fissures widen.

Chinese President Xi Jinping delivers remarks via video to the 2024 World Internet Conference, which opened in Wuzhen on November 20. Photo: Xinhua
Chinese President Xi Jinping delivers remarks via video to the 2024 World Internet Conference, which opened in Wuzhen on November 20. Photo: Xinhua

Tech War

Trump cannot ignore TikTok ban, US senator says

Senator Richard Blumenthal said Trump is welcome to try to change the law, but ‘sentiment is pretty strong’ in favour of it in Congress.

Big Tech

US antitrust officials want to force Google to sell Chrome browser

The case marks the most aggressive move to rein in a tech company since efforts to break up Microsoft failed two decades ago.

Policy

Beijing plans 12-inch wafer fab, pouring US$4.6 billion into new chip project

Beijing Yandong Microelectronics will take a controlling position with a 25 per cent stake, while other investors include display maker BOE Technology.

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Beijing is pouring billions of dollars into a new wafer fabrication plant as China looks to ramp up capacity in its pursuit of technological self-sufficiency. Photo: Shutterstock

Big Tech

Amazon questioned by US Congress over TikTok e-commerce deal

Some see the collaboration allowing users to directly buy Amazon goods through the ByteDance-owned app as a way to make it harder to ban TikTok.

videocam
TikTok is expanding business deals in the US as a potential ban on January 19 looms. Photo: Shutterstock
TikTok is expanding business deals in the US as a potential ban on January 19 looms. Photo: Shutterstock

Big Tech

Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong

The southern city put nearly US$31 billion into R&D last year, driven partly by robust spending from tech giants like Huawei.

Tech War

China’s tech firms fear bigger curbs as TSMC stops AI chip supply

A wider shipment ban on TSMC-made chips could affect a range of mainland businesses from electric vehicles to smartphones.

Blockchain

Trump’s crypto pledge may see China restore digital-asset market: HashKey head

HashKey chairman and CEO Xiao Feng said a number of factors may compel mainland China to open its digital-asset market in about two years.

Beijing has so far given no indication of potentially relaxing its ban on cryptocurrencies, even as Donald Trump’s US election win renews enthusiasm among digital-asset proponents in China. Photo: Shutterstock

Tech War

China’s chip industry braces for another 4 years under Trump

Chinese semiconductor firms are ramping up purchases of foreign chipmaking equipment and looking to forge new alliances.

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China’s chip industry is making plans to deal with Donald Trump’s second US presidency. Photo: Reuters
China’s chip industry is making plans to deal with Donald Trump’s second US presidency. Photo: Reuters

Policy

Chipmaker TSMC says US investment plan unchanged after Trump win

TSMC is poised to receive its final award from the Chips and Science Act, a Biden initiative that Trump has described as ‘so bad’.

Blockchain

US set to ease crypto regulatory crackdown under Trump

President Donald Trump has previously pledged to fire the SEC chairman on the first day of his second administration.

Tech War

From chip war to TikTok ban: what tech can expect from Donald Trump

As Donald Trump returns to the White House, tech companies are bracing for a revamp of tech policies imposed by Joe Biden.

Tech giants are bracing for the return of Donald Trump to the White House. Photo: EPA-EFE

China Business

EU tariffs will not stop Chinese EVs from entering bloc: officials at CIIE

China EV makers believe their advantages in production and price will make their products competitive abroad.

A Ford Bronco pickup at the CIIE in Shanghai. Photo: Daniel Ren
A Ford Bronco pickup at the CIIE in Shanghai. Photo: Daniel Ren

Policy

Dell opens AI centre in Shenzhen as PC maker shows commitment to China

Dell’s new AI Smart Solutions Centre comes one year after reports that it would be reducing its reliance on China.

Blockchain

Trump election victory cheers up China’s cryptocurrency proponents

These crypto proponents expect a bright future for digital assets and related policies on the mainland and Hong Kong.

Big Tech

Flying cars, drones to take off in Shenzhen with US$1.7 billion investment

Shenzhen is spending 12 billion yuan on the low-altitude economy over the next two years, with another 20 billion yuan planned through 2030.

videocam
The Xpeng X2 flying car pictured in Guangzhou on May 15. Chinese cities are pouring resources into supporting the low-altitude economy. Photo: Xinhua

Blockchain

Bitcoin hits record price after Trump takes early lead in US election

The original cryptocurrency jumped past US$75,000 on Tuesday night in the US, topping a record set in March.

Representations of bitcoin seen in this illustration picture taken in Paris on March 9. Photo: Reuters
Representations of bitcoin seen in this illustration picture taken in Paris on March 9. Photo: Reuters

Big Tech

Apple to face first fine under new EU digital antitrust rules

The penalty, under the Digital Markets Act, is related to the iPhone maker’s App Store.

Policy

US tech firms warn Vietnam’s planned law to hamper social media, data centres

The draft law, being discussed in Vietnam’s parliament, aims to tighten information-protection rules and limit data transfers abroad.

Policy

Indonesia bans Google’s Pixel smartphones after blocking Apple’s iPhone 16

Sales of those smartphones were blocked for not meeting Indonesia’s rules requiring the use of locally manufactured components.

Google’s new Pixel 9 smartphone series. Photo: Reuters
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