US-imposed restrictions on advanced chip sales to China have propelled a significant stance on the US-China Chip Shift.
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In X news today, Elon Musk is set to transform X, previously known as Twitter, into an all-encompassing financial hub by 2024.
China's internet giants rush to acquire high-performance Nvidia chips vital for building generative AI systems, making orders worth $5 bln.
YouTube Playables gaming expansion, a new product offering access to online games, as part of its expansion beyond video hosting, aiming to enhance user engagement and diversify revenue streams. Today, YouTube, the popular video hosting platform owned by Google, is venturing into the realm of online gaming with its latest internal testing of a product […]
Google, OpenAI and Microsoft are slowing squeezing out accessibility to their AI chatbots in Hong Kong. This is in unequivocal acknowledgement that Hong Kong no longer has any special status over mainland China regarding freedom of information. None of the above-mentioned companies are confirming this as the reason. But given the 2020 National Security Law […]
Asian stocks struggled on Thursday, dragged down by tech and property selling in Hong Kong, while the dollar was under pressure as softening U.S. inflation seemed to suggest the Federal Reserve’s rate hike cycle was nearing its end. Early in the Asia day the euro hit a 2-1/2 month top at $1.10. Investors are positive […]
Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70% off its shares. Group CEO Daniel Zhang said the company’s breakup into separate businesses will allow its units to become more […]
U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China’s government had access to the short video app’s user data. In the United States, there are growing calls to ban TikTok, owned by China-based company ByteDance, or to pass bipartisan […]
China’s science and technology policies should aim to build its strength and self-reliance, while the role of the government in pooling resources for key technological breakthroughs needed to be leveraged better, Premier Li Keqiang said on Sunday. The nation effectively countered external attempts to suppress and contain China’s development over the past five years by […]
Tencent Holdings founder Pony Ma and others from China’s crackdown-hit internet sector will be absent from this year’s parliamentary sessions, as Beijing boosts representation from the tech hardware sector, delegate lists show. Nearly 3,000 members of the National People’s Congress (NPC) will gather in Beijing on Sunday for its first meeting since Xi Jinping secured […]