The Information has reported that China’s ride hailing giant Didi Chuxing is currently in talks with Japanese investment behemoth SoftBank to raise capital to fund the substantial development of self-driving vehicles.
Sony, Microsoft, and Nintendo have written a joint letter to the Trump administration, warning the government that its impending tariffs on Chinese goods will dramatically harm the video game industry and its employees.
The Washington Post has reported that, three Chinese banks may have refused to comply with a U.S. subpoena regarding laundering money to the North Korean state-run Foreign Trade Bank.
Reuters has reported that Huawei’s U.S.-based research arm has attempted to distance itself from its parent company following the U.S. government’s blacklisting of Huawei Technologies Co Ltd.
OYO China, a leading hotel chain brand, will layoff a substantial amount of their staff, amidst a company reorganization.
Last month, Microsoft removed Huawei’s range of laptops from its online store, following the United States’ blacklisting of the Chinese tech giant. However, the MateBook 13, MateBook, and MateBook X Pro have all now returned to the online store and are available for purchase.
On the afternoon of June 10 Beijing time, the stock price of The9 Limited (NASDAQ: NCTY) rose sharply. According to Sina Finance, as of 4:57pm Beijing time, June 10, The9’s pre-market price was $1.47 per share, with an increase of 27.83 percent.
Not only do the Chinese hold QR codes dear to their hearts, but they are also pretty successful at convincing the rest of the world that their new-found love is not just a one-time fling. It’s meaningful, reasonable and is going to last.
May 15, The US President Donald Trump declared a national emergency over threats against American technologies, the White House stated. The executive order aims to “protect America from foreign adversaries who are actively and increasingly creating and exploiting vulnerabilities in information and communications technology infrastructure and services”.
Netflix has purchased exclusive distribution rights to stream Chinese streaming website Youku’s original web series “I Hear You” outside of China, said the Alibaba-owned video site on May 10.
China’s second largest e-commerce company JD.com quietly closed down its office in Melbourne after a little over a year of operation, putting the company’s CEO Liu Qiangdong’s ambitious expansion plans into the southern hemisphere on hold.
The U.S. e-commerce giant Amazon is negotiating with TuSimple, a Chinese self-driving truck company, about acquisition details, people familiar with the matter told Tmtpost.
Reno-vators, a Global Emerging Artists Project by OPPO launched on May 5. OPPO is now calling for young artists at leading art colleges and art lovers to contribute to the project.
Oracle is laying off over 900 staff members, mainly from the China Research and Development Center (CDC), as the conference call in the China area confirmed.
TikTok users in India can breathe a sigh of relief as the temporary ban on the app downloads gets lifted, making the app available for download again.