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E-commerce
Big Tech
Beijing puts e-commerce sector’s ‘refund-only’ policy and PDD under scrutiny
The State Administration for Market Regulation and the Ministry of Commerce have directed Pinduoduo owner PDD to fix this practice.
2 minutes ago
Semiconductors
Huawei’s new Mate 70 smartphone chip is ‘not a major redesign’, report finds
1 hour ago
Nvidia
Nvidia’s GeForce store on Tmall stirs debate after Beijing antitrust probe
2 hours ago
Big Tech
Artificial intelligence
China’s generative AI market sees fewer new entrants with 64 new approvals
The November AI model approvals is the smallest of the three batches released this year, as the market grows more saturated.
4 hours ago
The pace of new generative AI model approvals from Beijing has been slowing, suggesting the market is becoming saturated. Photo: Shutterstock
Big Tech
Tencent
Tencent’s low-profile CEO praises China’s economic policy, stimulus
The entrepreneur wrote in People’s Daily that the government has shown ‘strong determination’ in pushing for economic recovery.
5 hours ago
Big Tech
Apple
Apple continues AI roll-out to iPhones with customised emojis
The iPhone’s upgraded operating system, iOS 18.2, extends Apple’s expansion into AI as it chases Samsung and Google.
12 Dec 2024 - 12:30PM
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Blockchain
Digital currencies
US bankers cautious about crypto amid expectations of regulatory easing
Goldman Sachs CEO David Solomon said the Wall Street giant would ‘evaluate’ dealing in top cryptocurrencies like bitcoin and ether if rules change.
12 Dec 2024 - 11:40AM
A CoinFlip bitcoin ATM seen at a gas station on December 9 in Pasadena, California. Photo: Getty Images via AFP
China Business
Electric & new energy vehicles
Chinese EV maker Jiyue to cut operations in bid to stay in brutal race
Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.
12 Dec 2024 - 7:30AM
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Tech War
Semiconductors
China must innovate in chip design or fall behind the global market, expert says
China Semiconductor Industry Association’s Wei Shaojun sees new design architecture and microsystem integration as pathways to progress.
12 Dec 2024 - 7:00AM
4
Tech War
US-China tech war
Chinese surveillance firm Uniview calls on US to reconsider its trade sanction
Uniview was added to Washington’s trade blacklist for enabling certain ‘human rights violations’, according to the US Commerce Department.
11 Dec 2024 - 8:00PM
Tech Trends
Artificial intelligence
Generative AI helps Hong Kong’s Insilico Medicine design potential new IBD drug
Using AI, Insilico took only 12 months from initiating the project to nominating the molecule for preclinical trials, instead of several years.
11 Dec 2024 - 6:00PM
Insilico CEO Alex Zhavoronkov. Photo: Handout
China Business
Electric & new energy vehicles
China’s CATL, Stellantis to build US$4.3 billion EV battery plant in Spain
Joint venture received support from the Spanish government, which abstained in the EU’s October vote to impose extra tariffs on Chinese-made EVs.
11 Dec 2024 - 12:59PM
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Big Tech
Artificial intelligence
After OpenAI’s Sora launch, Adobe is falling behind with its AI video roll-out
Two months after Adobe announced a browser-based video generation tool, the product remains in limited testing, while OpenAI publicly launched Sora this week.
11 Dec 2024 - 10:13AM
Tech Trends
Semiconductors
Chip war: China’s semiconductor imports expand ahead of new US restrictions
From January to November, China imported a total of 501.47 billion integrated circuits, up 14.8 per cent from the same period last year.
11 Dec 2024 - 6:00AM
Big Tech
Semiconductors
Nvidia faces US$1 billion fine if China probe finds violation of antitrust laws
The investigation into Nvidia’s previously-approved Mellanox acquisition marks the first time that China’s market regulator has opened the books on a closed deal.
10 Dec 2024 - 8:00PM
6
The Nvidia logo is seen at an exhibition booth in Taiwan. Photo: Digitimes
Tech Trends
Semiconductors
Chinese chip tool maker hands reins to state-owned firm after US sanctions
Empyrean Technology is handing control of its board to its largest shareholder, a state-owned enterprise, after Washington blacklisted the software maker.
10 Dec 2024 - 7:00PM
Tech Trends
Artificial intelligence
Chinese AI start-up Baichuan loses co-founder in latest industry shake-up
The departure of Hong Tao, who was pivotal to early monetisation efforts, comes after high-level departures at rival start-ups such as 01.AI and Moonshot AI.
10 Dec 2024 - 6:00PM
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Big Tech
Xiaomi
Xiaomi unveils YU7 electric SUV to rival similar models from Tesla, Li Auto, Nio
Development of the YU7 reflects Xiaomi’s growing confidence in its EV business, which met its 100,000-vehicle production target this year.
10 Dec 2024 - 5:00PM
The YU7 electric sports utility vehicle from Xiaomi is expected to be launched in June or July next year. Photo: Xiaomi
Big Tech
Artificial intelligence
Moonshot AI founder’s dispute with 5 investors up for arbitration in Hong Kong
The five firms that invested in Moonshot AI founder Yang Zhilin’s last venture, Recurrent AI, claim he has ‘uncleared liability’.
10 Dec 2024 - 9:00AM
Big Tech
Quantum computing
Google announces quantum computing chip breakthrough
Willow processor completes statistical tasks that are beyond the reach of the world’s fastest supercomputers.
10 Dec 2024 - 11:44AM
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6
China Business
Electric & new energy vehicles
Chinese EV start-up Hozon eyes exports to ride out price war
The Shanghai-based EV maker aims to sell 50 per cent of its cars overseas by 2026 and turn a profit the same year, founder Fang Yunzhou says.
10 Dec 2024 - 6:15AM
OPINION
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Scott Cheng
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AI can help power the ‘Study in Hong Kong’ brand
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Janghyuk Lim
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China can be a force in global aviation if Comac rises to challenges
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Ian Bremmer
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AI compact proves there’s hope for multilateralism yet
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Zhou Xin
My Take
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Opinion
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Can we curb our destructive behaviour before AI takes control?
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Xuyang Dong
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Tim Buckley
Opinion
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Why China’s clean tech glut is a net global positive
22 Sep 2024 - 8:30PM
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