To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian […]
China
Beijing is planning to further tighten its grip on its tech sectors as its intensified its tech policies and regulations for overseas listing for China rising tech start-ups. China’s months-long regulatory campaign on its tech titans has left companies craving the sellout of their stakes abroad in order to register with the proposed guidelines by […]
Intel Corp. apologized Thursday for asking suppliers to avoid sourcing goods from Xinjiang after the chipmaker became the latest foreign brand to face the fury of state media regarding the region, where the ruling Communist Party is accused of widespread abuses. The company, in a statement on its social media account, said the reference to […]
According to state-backed media reports, Alibaba Cloud Computing’s information-sharing partnership was put to an end on Wednesday by Chinese watchdogs, following allegations of neglecting to report and tackle a cyber threat. The 21st Century Business Herald reported that the subsidiary of the e-commerce giant failed to promptly report weaknesses in the famous, open course logging […]
China on Wednesday defended its international scientific exchange programs in the wake of the conviction of a Harvard University professor charged with hiding his ties to a Chinese-run recruitment program. Foreign Ministry spokesperson Zhao Lijian said China manages such exchanges along the same lines as the U.S. and other countries. U.S. agencies and officials should […]
A week after removing its listing from Hong Kong Stock Exchange, Chinese Artificial Intelligence (AI) startup, SenseTime Group, relaunched its $767 million initial public offering (IPO) on Monday. The company pulled out its offering amidst escalating geopolitical tension between China and the U.S. after Washington accused the firm of creating facial recognition tools to identify […]
Senators gave final congressional approval Thursday to a bill barring imports from China’s Xinjiang region unless businesses can prove they were produced without forced labor, overcoming initial hesitation from the White House and what supporters said was opposition from corporations. The measure is the latest in a series intensifying U.S. penalties over China’s alleged systemic […]
Human resources and upper management wouldn’t deal with her accusation of sexual assault, a former employee of Alibaba said. So she went into the busy cafeteria at the Chinese e-commerce giant’s headquarters and screamed out her plight. Now she’s facing online harassment, accusations of lying from the wives of the two men she accused and […]
In a fierce attempt to expose affiliates linked to China’s Xinjiang surveillance accusations, The Washington Post publicized on Tuesday a hidden aspect revealing Huawei’s association in persecuting against the region’s ethnic minorities. The leaked PowerPoint presentations acquired by the news outlet revealed that it had obtained the documents through a public Huawei site before being removed by […]
In a Financial Times report released on Wednesday, the U.S. publicized intentions of intensifying its grip on Chinese firms by expanding its blacklist to include commercial drone maker DJI as well as several biotech firms. The report caused shares of Chinese healthcare and technology firms to drop as investors shudder with worry from the news’ […]