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Zoom CEO Eric Yuan announced plans to lay off 1,300 employees, accounting for 15% of its global staff. A number of current and former Zoom employees have confirmed that the layoffs have already started in Zoom's several offices in China.
Xiaopeng Motors announced that Junli Gu, former lead technician of Tesla’s autopilot machine learning, will join Xiaopeng Motors as vice president of au...
On March 19, Kai-Fu Lee, Chairman and CEO of Sinovation Ventures, a venture capital firm, officially launched Project AI 2.0, a new company aimed at succeeding in the AI 2.0 era.
Xingji Technology, founded by Chinese automaker Geely's Chairman Eric Li, recently acquired smartphone brand Meizu. On July 5, an auto blogger revealed that Geely and Meizu will launch an independent new brand while retaining the Meizu brand.
Constrained by poor liquidity, there has been a delay in paying suppliers and projects in the group’s Evergrande Elderly Care Valley and new energy vehicles, and some projects were in suspension.
Recently, William Li from NIO mentioned during the Tencent News 20th anniversary special event that there will be zero car accidents after 20 years.
On March 28, Daniel Zhang, the Chairman and CEO of Alibaba, sent a letter to all employees informing them about significant organizational changes that will be taking place.
Dalian Wanda Group has given up its majority stake in AMC Entertainment Holdings, the largest theater operator in the United States after it reported a record loss for 2020.
Chinese tech firm Tencent officially announced the the open source status of PAG (Portable Animated Graphics), its core animation tool.
Xi Jinping, President of China met with U.S. President Donald Trump after the G20 summit in Buenos Aires, Argentina on Dec. 1, during which the two leaders reac...
Luckin Coffee stated that there is currently a shortage of ingredients for the "Sauce Fragrance Latte" and has urgently purchased a new batch of Moutai liquor from Kweichow Moutai.
Roborock, an intelligent home robotics developer, released a new sweeping and towing vacuum robot cleaner called the T8 on Thursday.