Over 5.2 million Chinese expected to take exams in 2023
According to a report jointly released by New Oriental and iResearch on April 9, the number of people applying for
Meta will invest $800 million to build a hyperscale data centre
Meta announced that it will invest $800 million (5.1 billion yuan) to build a hyperscale data centre in Temple, Texas.
WeChat’s Easy Mode can now read your messages outloud
WeChat’s “easy mode” now allows its users to click a text message to hear a voice reading, to improve the
Founder of JD.com steps down as CEO
Richard Liu would no longer serve as CEO of JD.com, and Xu Lei would take over the position. Liu, who
Meta develops “Zuck Bucks” virtual currency for the metaverse
Meta is preparing to launch virtual tokens and cryptocurrencies for its apps, which can be used to tip creators, lend
Is the gamification of NFTs in China sustainable?
The development of NFTs in China is focused on copyright protection and asset right confirmation, with the goal of exploring
Chinese patent applications in the European Patent Office hit a record high
According to the latest statistics released by the EPO on April 5, 16,665 patent applications from China were received in
Elon Musk becomes Twitter’s largest shareholder
On April 4, Tesla Motor’s CEO Elon Musk disclosed a 9.2% stake in Twitter, worth nearly $3 billion (19 billion
Mi 6 voted the most popular Xiaomi phone by Chinese netizens
On April 4, Lei Jun, Xiaomi’s founder, asked netizens on Weibo which Xiaomi phone they preferred, ahead of the company’s
Huawei Harmony OS users exceeds 300 million
According to the most recent data, the Huawei Mobile Services (HMS) have been downloaded more than 432 billion times globally,
China’s Next-Gen virtual humans are coming
High fidelity, functionalization, and intelligence are three major technical directions in the development of digital human technology.
Auto maker BYD is the first auto company to halt production of all petrol vehicles
BYD Auto announced that in accordance with its strategic development needs, the company stopped manufacturing all fuel-powered cars in March
Pop icon Jay Chou’s NFT worth 3 million yuan reportedly stolen
Taiwanese pop star Jay Chou posted on social media that his Bored Ape NFT, BAYC #3738, had been stolen and
NIO CEO responds to phone manufacturing rumours
NIO vehicle owners are interested in a mobile phone that can better connect with the car, prompting NIO to investigate
Several Chinese companies facing delisting on the US stock exchange
SEC added Baidu, Futu Holdings, iQiyi, CASI(Beijing)Pharmaceuticals Technology Co., Ltd. and Nocera Inc. to a provisional list of companies that may
Is self-driving player Pony.ai tipped to be China’s next ‘Tesla’?
The future of autonomous driving faces a significant challenge in balancing technological pursuit and commercial growth.
Lalamove is seeking new funding at a valuation of $10 billion
Lalamove will seek new financing at a $10 billion valuation and intends to raise around $500 million in fresh capital
TikTok’s ad revenue hits a 300% growth rate
While TikTok’s ad revenue is growing at a 300% compound annual growth rate, ByteDance’s advertising revenue in China has stagnated,
WeChat payment is trialled on the Taobao App
Taobao has opened a small range of WeChat Pay functions for internal testing and has introduced two WeChat Pay payment
Former XPeng autonomous driving product director joins NIO
Huang Xin, former director of autonomous driving product of XPeng Automobile, joined NIO (a Chinese automobile manufacturer) as vice president.
TSMC and Samsung urge the U.S. to open its $52 billion chip subsidy plan
TSMC and Samsung Electronics urged the U.S. to allow foreign companies to participate in the $52 billion subsidy plan.
Microsoft security chief is stressing the need for metaverse security
All software developers and users must consider ahead of time how to keep the metaverse safe and avoid hackers, abuse,
Huawei responds to Russian company’s testing of the Harmony OS
Due to U.S. sanctions, Google has halted the certification of smartphones from a Russian telephone company, BQ, from running Android
Chinese local policies support ready-to-cook food industry
Ready-to-cook foods are increasingly popular in the Chinese market and local policies are changing to reflect the trend.
Removing additional tariffs on US-China trade may ease inflation
On March 24, the spokesperson of The Ministry of Commerce of China Shu Jueting, said that China expects the United
Shell and BYD sign collaboration agreement for electric vehicle charging
On March 24, oil and energy company Shell plc and Chinese automaker BYD signed a global strategic agreement to collaborate
Chinese tech giants’ widespread layoffs in the wake of rapid expansion
The various segments of the digital economy have begun to move from an era of customer growth to an era
BYD teams up with NVIDIA for intelligent driving technology
Chinese automaker BYD announced on March 23 its collaboration with the graphics chip giant NVIDIA on intelligent driving technology.
China’s computing megaproject will boost industries worth over $16 billion
Computing power, like water conservancy in the agricultural era and electricity in the industrial era, has become the core productivity
Didi is venturing into the automobile manufacturing business
Didi has been preparing for its move into autonomous driving for quite some time and has started to establish its
Environmental issues stymied Meta’s plans to build Dutch data centre
On March 22, The Dutch Senate passed a motion calling on the government to use its power to temporarily prohibit
Xiaomi Auto has an R&D team of over 1,000 people
Xiaomi’s smart electric vehicle business has progressed faster than expected since the company revealed ambitions to produce the automobile in
Alipay’s new feature helps parents manage minors’ games payments
Alipay has launched a new feature called “Game Lock” to help parents control minors’ game payments. Since its debut one
Two sponsors were slapped with hefty fines in the aftermath of LeEco’s fraud
According to an investigation by the China Securities Regulatory Commission (CSRC), LeEco’s financial fraud began as early as 2007.
China EV maker NIO claims no plans to raise prices in the short term
Recently, several automakers hit by raw material price variations have announced price increases. In response, NIO stated that price stability
Microsoft announced its fifth Azure data centre in China
Microsoft announced the opening of its fifth Azure data centre in China. The new data centre located in North China’s