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On Sept. 5, a Tesla vehicle suddenly accelerated when passing a local street on Shuangfu Street in Nanchong, Sichuan, hitting several pedestrians, causing two deaths, six injuries, and multiple vehicle collisions.
The AI translator in The Wandering Earth 2, a catastrophical & sci-fic film, depicted as a small microphone-earpiece assembly and was able to perform simultaneous interpretation, hinted at the potential application of intelligent translation.
In last week’s VC news, robotics reaps funding, Sequoia China takes on French fashion, tourism tries again, livesteaming attracts funding, and more.
Su Hua, Chairman of Chinese short video streaming platform Kuaishou, reduced his holdings of 54,713,783 Class B company shares on January 18. Kuaishou responded that the proceeds will be used for charitable donations, cutting-edge technology and infrastructure investment.
In episode 33 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Tencent Music (TME), which finally completed its $1.2 billion IPO after a two-month delay due to market volatility.
China's State Administration for Market Regulation (SAMR) issued an announcement on Friday indicating that in 2021, there were a total of 8.736 million recalled vehicles in the country, up 28.8% annually.
DataPipeline, a digital infrastructure provider, announced on Monday that it has completed round B+ financing totaling 120 million yuan ($18.04 million).
According to the new standard, TikTok, which is owned by ByteDance, and the international version of WeChat owned by Tencent will be included in the jurisdiction.
Episode 78 of Tech Buzz China features our co-host Rui Ma in conversation with Yán Xiāo 肖妍 on the timely topic of China’s proposed national digital currency.
Project Galaxy announced on September 6 that it will be changing its name and logo to Galxe. Right before the announcement, Pandaily interviewed its co-founder, Harry Zhang. Zhang went through his own Web3 journey and introduced his ambitious vision for the future.
Chinese Telematics startup Pateo announced on Wednesday that it had raised more than 830 million yuan ($128 million) in a funding round, led by state-owned automaker China FAW Group.
Having faked its revenue numbers, Luckin became a laughing stock of a unicorn, with analysts on both sides of the pond contemplating over what outcomes this situation will have on a larger scale for Chinese businesses abroad.