Advertisement
Advertisement
Ben Jiang
Ben Jiang
Beijing
Reporter, Technology
Ben is a Beijing-based technology reporter for the Post focusing on emerging start-ups. He has previously covered Chinese tech for publications including KrAsia and TechNode.

The Silicon Valley company joins several other US investment firms, including Sequoia Capital, that have made similar moves under pressure in Washington.

videocam

Sales of Intel’s Gaudi2 processors, which are tailor-made to comply with US trade restrictions, have been strong since their launch in July, according to Taiwanese media.

videocam
Advertisement

Pre-order sales of iPhone 15 in China get off to robust start, indicating demand is still strong for US giant’s iconic handset despite Huawei revival and partial government ban.

The support measures come as authorities seek to spur growth among unicorns amid a sputtering economic recovery and after a long period of regulatory scrutiny.

The Chinese version of TikTok is expanding to 24 new markets including Shenzhen and Tianjin to capture a larger slice of China’s lucrative food delivery pie.

videocam

The industry’s aggregate profits rose 29.1 per cent year on year to US$11 billion in the January-to-July period, led by the e-commerce and on-demand local services market segments.

Huawei is in the process of building 15 million units of the Mate 60 series, with at least 7 million handsets expected to be sold, according to analysts.

Baidu’s ChatGPT-like service Ernie Bot topped download charts on its debut, as millions of users tested the service with a wide range of questions, including some it had trouble answering.

The world’s second-largest economy had 1.08 billion internet users as of June, an 11.09 million increase from December last year, to put its online penetration rate at 76.4 per cent.

videocam

Delivery has emerged as the new battleground for China’s e-commerce giants, as they jostle to win local consumers with faster and cheaper shipping services.

videocam

The internet-based economy accounted for over 90 per cent of the overall growth among China’s new economic engines last year, highlighting Beijing’s push for the digital economy to take over from traditional tools and drive the post-Covid recovery.

videocam

The fund will be used to help incubate the latest innovation, develop commercial products and finance mergers-and-acquisition activities in the Chinese capital’s robotics industry.

The Biden administration’s latest executive order is not expected to significantly impact China’s semiconductors, quantum computing and artificial intelligence sectors.

Open-sourcing offers a way for Big Tech firms and start-ups alike to extend their reach and stand out from the competition, according to experts.

videocam

The slowing economy has resulted in a flood of new gig workers who have been reduced to working longer to get fewer orders than they saw during the pandemic.

videocam

The National Natural Science Foundation of China, under the Ministry of Science and Technology, plans to fund as many as 30 research projects to be conducted over a period of three to four years.