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A representative of Tencent on Monday said Tik Tok was suspected of stealing their relationship chain and was therefore blocked by their popular messaging App, Wechat. Tik Tok declared that Tencent's version of the matter is a rumor.
A Xiaomi spokesman confirmed that the Chinese consumer electronics company has started to produce smartphones in Vietnam.
Beijing-based ByteDance, the owner of global short video app TikTok and Chinese news aggregator Toutiao, has appointed new China heads.
This week: The Sandbox metaverse names Mega City project partners, e-CNY wallet tops download charts in app stores, NFT projects endorsed by Jay Chou top OpenSea’s 24-hour sales chart, and more.
DBG Technology held an offline ceremony on Wednesday to mark the company's recent achievement of having produced 20 million smartphones for Xiaomi.
Meituan has invested in autonomous driving startup QCraft’s latest fundraising round of $100 million, highlighting the intensifying bets made by the country’s Big Tech on the promising driverless car space.
William Lu, partner of Xiaomi, made a post on Weibo on Tuesday asking netizens to try something new: "Search Mi Home on Meituan, and new products will be delivered in half an hour at the fastest!"
Zhou Hongyi, founder and CEO of the internet security company Qihoo 360 Technology, said at the conference that mature safety technologies that developed on Hozon Auto will be extended the whole industry in the future.
Tesla CEO Elon Musk commented on the news via his Twitter feed: "Tesla always pays its debts," which indirectly confirmed the news.
According to data from research institute WeMeta, the average price of virtual land on six platforms based on Ethereum dropped from about $17,000 apiece in January this year to about $2,500 apiece in August, a decrease of 85%.
Authorities in China's Hunan province have recently busted a criminal group that used cryptocurrency to launder 40 billion yuan ($5.6 billion). The trade of digital currencies was banned in the country last September.
Recently, due to failure to fulfill the payment obligation determined by effective legal documents on time, Jia Yueting has been issued a new consumption restriction order.