News Archives - Page 7 of 30

NetEase Will Officially Announce the Return of Blizzard Games to China Within A Month

There are reports that NetEase will officially announce the return of Blizzard games to China in late March or early April.

AIsphere Secures Major Series A1 Funding, Aiming to Surpass Sora Within Six Months

"AIsphere", a Chinese AI start-up in large video model development, has recently secured a Series A1 funding round in the hundreds of millions.

Apple Announces New Shenzhen Lab for Research and Development of Products Including Vision Pro

Apple announced on March 12 that it is expanding its application research labs in China, with a focus on enhancing the Shanghai research center's capabilities.

Baidu’s Robin Li: Ernie Bot 4.0 Has Surpassed GPT-4 in Chinese Language Processing

Baidu's founder, Robin Li, stated on a TV program that Ernie Bot 4.0 has surpassed ChatGPT 4.0 in Chinese language processing, citing its ability to write in specific poetic styles that ChatGPT 4.0 struggles with.

Ericsson Responds to Rumors of Layoffs: Will Not Withdraw from the Chinese Market

Ericsson responded to layoff rumors by stating that it is enriching its global R&D team and will not withdraw from the Chinese market.

Sony Responds to Rumors of Exit from China: Operations Are Steady

Despite rumors of Sony's withdrawal from the Chinese market, the company confirmed its mobile business there remains stable and it is optimistic about future growth.

ByteDance Denies Former Blizzard CEO’s Negotiation to Purchase TikTok

ByteDance denies that the former CEO of Blizzard has contacted Zhang Yiming regarding the potential acquisition of TikTok for $100 billion.

Alipay Raises Transaction Limits for Foreigners: Up to $5000 Per Transaction

Alipay increases transaction limits for foreigners: the maximum single transaction limit is $5000, and the annual transaction limit is $50,000.

Huawei Signs Global Patent Cross-Licensing Agreement with vivo and Amazon

On March 5th, Huawei signed global patent cross-licensing agreements with vivo and Amazon respectively.

HiPhi Responds to Lawsuit from Faraday Future

HiPhi issued a statement in response to the lawsuit filed by Faraday Future, denying that Chinese entrepreneur Ding Lei and related companies of Human Horizons have infringed upon its trade secrets and engaged in unfair competition.

Xiaomi Founder Lei Jun Suggests Promoting AI Literacy Education in Compulsory Education

On March 4th, Lei Jun posted on Weibo that as a National People's Congress representative, he suggested promoting AI literacy education in China's compulsory education stage.

Xpeng Motors Responds to P7 Vehicle Fire Incident Following Traffic Accident

After a high-speed accident and fire involving an Xpeng P7, Xpeng Motors is cooperating with the investigation and expressed support for the affected car owners.

China’s Central Bank Enhances Mobile Payment Experience for Foreigners

Foreigners in China will see single transaction limits raised to $5,000 and annual transaction limits increased to $50,000.

Chairman of Alibaba’s Local Life Group, Yu Yongfu, to Step Down from His Management Role

Alibaba Group announced on March 1 that Yu Yongfu, Chairman of the Local Life Group and CEO of Ele.me, will step down from his management roles by the end of the current fiscal year.

Tesla Applies for Chinese Trademark for Cybertruck

Tesla has recently applied to register a trademark called "Tesla Cyber" in China.

Hesai Technology Addresses Lidar Products Bug

Hesai Technology confirmed that two older models of their L4 mechanical lidars experienced a software bug. The issue has been identified and solutions have been provided to the affected customers.

AutoFlight Successfully Performs World’s First Inter-City Demonstration Flight

On the afternoon of February 27th, AutoFlight completed the world's first eVTOL cross-city and cross-bay route demonstration flight (Shenzhen-Zhuhai).

Baidu CEO: ERNIE Bot to Contribute Billions of Yuan in Incremental Revenue in 2024

In the fourth quarter, Baidu reported a total revenue was 35 billion yuan, a year-on-year increase of 6%. Net profit attributable to Baidu was 26 billion yuan.

Xiaomi Unveils High-Performance Xiaomi SU7 Electric Vehicle, Set for Q2 2024 Release

Xiaomi's inaugural vehicle, the Xiaomi SU7, is slated for official delivery as early as the second quarter of this year.

Xiaomi Unveils Xiaomi Watch 2

The Xiaomi Watch 2 boasts a 1.43-inch AMOLED display with a resolution of 466x466 pixels and a peak brightness of 600 nits.

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