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Big Tech
Discount shopping giant Temu enters Vietnam and Brunei amid Indonesia ban
The latest expansion initiatives of Temu reflect its efforts to grow in Southeast Asia, home to nearly 700 million people.
11 Oct 2024 - 9:00PM
Mainland China detains four Taiwanese employees at ‘iPhone city’
11 Oct 2024 - 10:08AM
5
US weighs Google break-up in historic Big Tech antitrust case
10 Oct 2024 - 11:10AM
Tech
Tech war: China advocates use of local AI chips over those from Nvidia
AI chip users on the mainland have been informally advised to prioritise local alternatives, including those from Huawei, sources say.
7 Oct 2024 - 9:00AM
5
While there is no official ban on Nvidia’s China-tailored H20 graphics processing unit, sources say mainland AI chip users are being encouraged to adopt locally made alternatives. Photo: Shutterstock
Policy
From gold rush to fading dreams: the rise and fall of China’s e-commerce hub
As China’s economy struggles, a rat race in the e-commerce sector has taken a toll on merchants and manufacturers.
5 Oct 2024 - 12:17PM
Blockchain
Hong Kong firm HKVAX gets approval to run city’s third cryptocurrency exchange
Local firm Hong Kong Virtual Asset Exchange aims to offer over-the-counter trading, exchange and custody services.
4 Oct 2024 - 9:30PM
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Blockchain
FinTech Week highlights AI, Chinese companies as Web3 hype fades
Two years after showcasing Hong Kong’s crypto pivot, FinTech Week organisers say the event can serve as an incubation platform for frontier technologies.
2 Oct 2024 - 11:38AM
Blockchain
Former Chinese finance official urges crypto research as US softens stance
Former finance vice-minister Zhu Guangyao called cryptocurrencies a ‘crucial aspect for the development of the entire digital economy’.
30 Sep 2024 - 6:00PM
Some industry experts have been calling on China to review its strict ban on cryptocurrencies on the mainland as other markets, the US in particular, loosen their stance. Photo: Shutterstock
Policy
Gavin Newsom blocks contentious AI safety bill in California
California Governor Gavin Newsom vetoed what would have become one of the most comprehensive policies governing the safety of AI in the US.
30 Sep 2024 - 12:07PM
Policy
China approves 109 video games in September as Wukong fever remains high
China’s video game regulator has approved an average of 107 titles per month this year, as gamers question whether Black Myth: Wukong marks a turning point.
27 Sep 2024 - 10:51PM
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Big Tech
Alibaba looks on course for a turnaround amid investor frenzy for Chinese stocks
The renewed positive market sentiment for Alibaba reflects its resilience after struggling in recent years.
27 Sep 2024 - 9:00PM
Policy
China fines influencer agency US$9.8 million for fake mooncakes
Controversies erupted after influencer Crazy Little Brother Yang falsely promoted mooncakes he sold as shipped from Hong Kong.
27 Sep 2024 - 7:00PM
Three Sheep Group, founded by China’s top-earning influencer Zhang Qingyang, has been fined for promoting fake mooncakes. Photo: Handout
Policy
Italy opens greenwashing probe into Shein website
Italy’s antitrust agency has launched a probe into a company that operates Shein’s website over possibly misleading environmental claims.
26 Sep 2024 - 11:00AM
Policy
New Chinese chip-making tools are nothing groundbreaking
Lithography systems promoted by China’s industry ministry show slow advances, as tools remain stuck at the mature-node level.
25 Sep 2024 - 3:27PM
14
Banking & Finance
Hong Kong to explore 11 use cases in phase 2 of e-HKD pilot
This phase of the HKMA’s digital currency programme will focus on efficiency and whether the e-HKD attracts and entices users, deputy CEO Howard Lee says.
23 Sep 2024 - 6:36PM
Tech Trends
US FTC slams TikTok, Meta and Twitch over data used by AI
YouTube, social media platform X, Snap, Discord and Reddit were also included in the FTC report.
20 Sep 2024 - 11:48AM
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Social media and video streaming companies continue to face scrutiny from US regulators over data concerns. Photo: NurPhoto/Zuma Press/TNS
Big Tech
ByteDance’s lifestyle app Lemon8 gains popularity in US as TikTok faces possible ban
Lemon8, a social app owned by Chinese tech giant ByteDance, is increasing in popularity in the US as the company’s flagship short video platform TikTok faces a potential ban.
19 Sep 2024 - 8:00PM
Policy
China eyes sci-tech venture capital to boost industrial upgrade, economic growth
Premier Li Qiang said on Wednesday the development of venture capital is critical to sci-tech innovation, industrial upgrading and the growth of the economy.
19 Sep 2024 - 5:26PM
China
US study finds China’s tech innovation ‘much stronger’ than understood
Performing best in nuclear power, EVs and batteries, mainland companies will ‘likely equal or surpass Western firms within a decade or so’.
25 Sep 2024 - 3:41PM
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47
Blockchain
Exclusive
|
Hong Kong weighs new OTC crypto scheme with SFC
A previous proposal had OTC cryptocurrency shops under the excise department, but some complained about confusing virtual asset rules, sources say.
12 Sep 2024 - 10:00AM
Signage for bitcoin in Hong Kong on August 5, 2024. Photo: Bloomberg
Tech Trends
China’s technology sector relies heavily on capital from SOEs, government funds
Investment guru Fang Fenglei said the situation could lead to ‘a big problem’ in the industry because it goes against existing Chinese law.
11 Sep 2024 - 6:22PM
Big Tech
US and Chinese tech giants team up on AI supply chain standard
The new standard, introduced under a UN framework, is meant to guard against risks such as data leaks, model tampering and supplier non-compliance.
6 Sep 2024 - 1:40PM
China Business
Will Tesla’s FSD delay give Xpeng the edge in autonomous driving?
The US carmaker is expected to roll out the FSD system on the mainland in the first quarter of 2025, compared with previous expectations of end-2024.
25 Sep 2024 - 2:39PM
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OPINION
Ian Bremmer
Opinion
|
AI compact proves there’s hope for multilateralism yet
10 Oct 2024 - 2:30PM
Carme Artigas
,
James Manyika
Opinion
|
To unlock AI’s potential for good, we all need to work together
2 Oct 2024 - 4:30PM
Xuyang Dong
,
Tim Buckley
Opinion
|
Why China’s clean tech glut is a net global positive
22 Sep 2024 - 8:30PM
Andrew Sheng
Opinion
|
For the best AI outcomes, good policy is key
25 Sep 2024 - 3:36PM
Gilad Abiri
,
Sebastian Guidi
Opinion
|
Tech firms must play by the rules to keep the internet open
6 Sep 2024 - 8:30PM
Gerui Wang
Opinion
|
How China plans to become a robotics powerhouse
5 Sep 2024 - 10:19AM
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