Search results for "China"

Trump backs proposed deal to keep TikTok operating in US

NEW YORK (AP) — President Donald Trump said Saturday he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company. Trump has targeted Chinese-owned TikTok for national security and data privacy concerns in the latest flashpoint in the rising tensions […]

APAC data centre market records significant growth

A new report by Tariff Consultancy Ltd service Datacentrepricing states that cloud and data centres in the Asia-Pacific region are among the fastest-growing in the world. “The Cloud and Data Centres Markets in the Asia-Pacific” report assesses the market landscape of cloud and data centres across eleven countries including Australia, China, Hong Kong, Indonesia, Japan, South […]

Q&A: What does a deal between TikTok and Oracle mean?

HONG KONG (AP) — ByteDance, the Chinese company that owns the popular video-sharing app TikTok, has chosen Oracle over Microsoft as a new American technology partner to help keep the app operating in the U.S. TikTok confirmed the decision Monday, echoing earlier statements from Oracle and the U.S. treasury secretary. ByteDance faces a Sept. 20 […]

AMTD: Five Asian Fintech companies have been selected to receive investment

The AMTD Singapore Solidarity Fund has awarded five Asian Fintech companies with funding – a total of $8.4 million. In a statement released on September 14, 2020, The AMTD announced it has chosen to invest in Fintech platforms spanning across artificial intelligence, SME financing solutions, insuretech, cross-border payment platform, and card payment solutions. Fintech platforms […]

Oracle wins TikTok over Microsoft in Trump-urged bid

The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a source familiar with the deal who was not authorized to speak publicly about it. Microsoft announced Sunday that its bid to acquire TikTok’s U.S. operations was […]

5G technology developments in the Chinese aviation sector

A new partnership agreement was signed between SkyFive and Airbus China Innovation Center during the second Connected Aircraft China Congress 2020 in Shanghai, according to a press release published by SkyFive. Due to the Covid-19 pandemic, Lu Sun, Head of Airbus China Innovation Centre, and Thorsten Robrecht, SkyFive’s CEO had a virtual handshake. The technology […]

Young doctors and the future of medical technology

A survey comprising 500 doctors in 5 countries – US, China, Singapore, Germany and France – has revealed that doctors greatly value telehealth as one of the most useful forms of medical technology amid the pandemic. Pre-pandemic, most doctors ranked AI as the most promising and potentially beneficial innovation in technology to disrupt the healthcare […]

Oppo aims to secure its leadership in smartphone sales with 5G

The Chinese telecom giants have been looking for a sustainable growth market after being banned from operating in different countries. However, the US sanctions on Huawei have contributed to boosting the presence of other companies in the market. The Chinese smartphone maker Oppo – considered the world’s fifth largest smartphone vendor – aims to grow […]

Chinese chipmaker denies military ties as US steps up feud

BEIJING (AP) — China’s leading maker of semiconductors has denied it has any links to the military following reports Washington is considering stepping up its feud with Beijing over technology and security by imposing export controls that could disrupt manufacturing for a national industrial champion. U.S. regulators are considering adding Semiconductor Manufacturing International Corp. to […]