ByteDance’s aggressive pricing for its Doubao large language model family shows the increased opportunity in mainland China, where more firms are scrambling to adopt GenAI tools.
The platform and parent company ByteDance have filed a similar lawsuit, arguing the law violates the US Constitution and runs afoul of free speech protections.
Confidence among Chinese consumers was showing ‘early signs of growth’, according to Alibaba chairman Joe Tsai, as the e-commerce giant expects business to be back on the growth path this year.
Foxconn reported a net profit of US$679 million in the first quarter, which missed analysts’ average estimate of US$897 million.
Alibaba net income rose 10 per cent to US$11 billion in the 2023 financial year, the first annual results since co-founder Joe Tsai took over as chairman.
This development lends credence to Apple chief executive Tim Cook’s assurance that the Vision Pro will be released this year on the mainland.
The social media and video gaming giant saw revenue rise 6 per cent in the first quarter, with online advertising revenue growing 26 per cent year.
The deal, unveiled on Tuesday, marks one of the biggest takeovers in Taiwan outside the semiconductor industry.
Chinese tech giants Tencent and NetEase announced back-to-back new title releases, in a sign of intensified competition among the country’s top two video gaming publishers.
A German court has ordered a sales ban on certain products from Chinese personal computer maker Lenovo and its smartphone subsidiary Motorola over a patent licensing dispute with US firm InterDigital.
Douyin, the Chinese version of TikTok, has taken steps to ensure certain influencers are directly responsible for commercial content on their channels, a move could put a dent in their revenues.
The Tokyo-based company earned a better-than-expected net income in the March quarter, helped by investment gains.
Douyin is working on technologies similar to what has been adopted by TikTok to automatically label artificial-intelligence-generated content (AIGC).
The sprawling campus, Alibaba’s third in Hangzhou’s Xixi area, is a sign of the e-commerce giant’s commitment to its home city.
Qu Jing’s comments endorsing an intense workplace culture sparked a public backlash in China, where people have been speaking out against damaging office practices at Big Tech firms.
Apple issued a rare apology for an advertisement touting its latest iPad Pro that upset many creatives and other customers. The company also said it will not air the ad on television as planned.
The potential launch of Tesla’s Full Self-Driving system in China is expected to help widen domestic availability of such autonomous vehicle technology.
The company says its LLM series, also known as Qwen, is used in industries ranging from consumer electronics to cars and online games, with clients that include Xiaomi.
The popular social media platform has started to invite merchants for a beta run of TikTok Shop in Mexico, France, Germany, Italy and Spain.
TikTok owner ByteDance has sold a third studio to a Tencent-backed company as China’s video gaming industry continues its consolidation.
Lingxi Games has discontinued its Ant Engine project, as parent Alibaba pares down investment in its non-core businesses.