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Tesla has stopped issuing a software update that was set to give customers in China a one-month free trial of its RMB 64,000 ($8,816) Full Self-Driving (FSD) assisted driving system, Chinese blogger Shawn said on March 23 on microblogging platform Weibo. IT Home , in Chinese]
Over the past nine years, Chinas online environment has undergone significant changes, and as one of the countrys most popular social media platforms, Douyin has played a central role in shaping this digital landscape. However, it has also raised concerns about creating filter bubbles and biases.
China appears to be pursuing a calculated effort to recruit recently laid-off U.S. federal agencies, including the Centers for Disease Control and Prevention (CDC) and the National Institutes of Health (NIH), following funding reductions by the Department of Government Efficiency (DOGE). In response, U.S. Additionally, former U.S.
Since Musks political engagements, including his role in the Department of Government Efficiency (DOGE) in the United States and his support of the far-right party Alternative for Germany (AfD) in the EU, Tesla sales have slumped in several markets. It could be enough to make many in China opt for a BYD over a Tesla. per share.
YouTube took down several videos from a human rights organization’s channel, which was attempting to document human rights abuses in China’s Xinjiang province, for violating its anti-harassment policy, Reuters reported.
are increasingly going global, but recent regulatory crackdowns in China , which instructed local K-12 tutoring startups to go nonprofit, have led to a chill among check-writers looking at the country. based investors often cited China as validation of the opportunity for direct-to-consumer businesses in the K-12 world.
According to a report from The Guardian , the company has removed a Facebook group with more than 1 million members after it was threatened by the Thai government for violating local laws around defaming the ruling monarch. Facebook restricted the group to avoid fines from the Thai government.
Google, Facebook, and Twitter are pausing the processing of data requests from the Hong Kong government as they review a new security law that went into effect on July 1st. Twitter also halted its handling of government requests as of July 1st, with Facebook announcing its pause on Monday, The New York Times reported.
Oi Yee Choo, chief commercial officer of digital securities platform iSTOX. iSTOX , a digital securities platform that wants to make private equity investment more accessible, has added new investors from Japan to its Series A round, bringing its total to $50 million. million in funding. million in funding.
SCMP reports that China on Saturday told livestreaming platforms to step up governance on how under-18s use their services. The news comes just weeks after reports revealed the country was preparing to slam its $30 billion livestreaming industry with new regulations. Last month, it launched a new campaign to clean.
In the past few weeks, we have witnessed a surge of third-party platforms integrating DeepSeek, a powerful new AI model that is swiftly reshaping the landscape of artificial intelligence in China. Is this the moment when AI in China, particularly Chinese-language AI, finally steps into the spotlight?
Megvii, one of China’s largest facial recognition startups, is gearing up for an initial public offering in Shanghai. The company is working with CITIC Securities to prepare for its planned listing, according to an announcement posted by the China Securities Regulatory Commission on Tuesday. China tech competition.
The funding round will go toward improving esports products and its ecosystem in China and across Asia. This Series B funding round comes four years after VSPN’s 2016 Series A funding round, which was led by Focus Media Network, joined by China Jianteng Sports Industry Fund, Guangdian Capital and Averest Capital.
China has hit Alibaba, one of the country’s biggest online retailers, with a record $2.8 billion yuan) fine, after an investigation found the ecommerce giant violated China’s anti-monopoly law, The New York Times reported. Photo by Fang Dongxu/VCG via Getty Images. billion (18.2
TikTok is branded under the name Douyin in China | Getty Images. The Chinese version of the popular short video app TikTok, known as Douyin, will limit users in China who are under 14 years old to 40 minutes a day, parent company ByteDance said in a blog post Saturday.
Though the international version of Steam has been available in China for years, an official Chinese release of the the popular PC gaming platform has now debuted ( via analyst Daniel Ahmad ). Steam China’s storefront. Sony China has confirmed that it plans to officially launch the PlayStation 5 in Mainland China during Q2 2021.
Lynk , the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. Lynk, a “knowledge-as-a-service” platform with more than 840,000 experts, raises $24 million.
As financial troubles escalate at Danke, China’s authorities are stepping in to hold the once-promising apartment rental and sharing company accountable. When the COVID-19 pandemic hit, China’s rental market cooled, putting stress on Danke’s funding vehicle. when it went public in January.
billion ($386 million) cash infusion from two investment firms controlled by the local governments of eastern Chinas Anhui province and its capital city Hefei, where the Chinese electric vehicle maker operates its manufacturing plants, according to public information. a China-based subsidiary of Nio Inc., increased from RMB 16.4
Whenever I visit the US, one question mobile entrepreneurs always ask me is ‘How can my startup break into China?’. The biggest mistake most US entrepreneurs make right off the bat is in thinking of China as one market. The biggest mistake most US entrepreneurs make right off the bat is in thinking of China as one market.
Evan Smith believes that a key part of solving supply chain stability must involve enabling stakeholders, including businesses and governments, to build trust through a shared source of truth on the global supply chain. Altana has 20 customers at present, including brands like UPS and several undisclosed government agencies.
This time the market is China, where Gogoro’s technology, including its swappable smart batteries, will be used in scooters made by Dachangjiang Group (DCJ), one of the country’s biggest motorcycle makers, and Yadea , one of it top electric two-wheel companies. Vehicle availability and pricing will be announced later.
Facebook CEO Mark Zuckerberg said Monday he is “worried” that other countries may be trying to imitate China’s approach to regulating the internet. He made similar comments last year, saying it was important not to allow China to set the rules for the rest of the internet, stirring up tension among Facebook’s Chinese employees.
Indonesian agritech platform TaniHub Group harvests a $65.5M Buyers make purchase orders through the platform, which are then distributed to fishery communities that Aruna organizes to focus on particular types of seafood. The platform currently has about 20 product categories and will use its funding to expand into more.
The governments of several major cities in Chinas affluent Guangdong province announced on Dec. The move will allow companies to test their robocars on public roads in the districts of Qianhai and Baoan in Shenzhen, the Nansha district of Guangzhou, and Hengqin island in Zhuhai, once they get a permit from any of the local governments.
Clothing, electronics, toys, automobiles, musical instruments, furniture — you name it and you’ll find a manufacturer in China who can turn your intangible concept into mass-manufacturable reality in mere days. China is also home to one of the world’s largest e-commerce and tech ecosystems. What’s different about Chinese D2C?
China’s main AI regulator, the Cyberspace Administration of China (CAC), is seeking public comment on a draft version of a new law looking to tackle AI-generated content labeling issues. Platforms will also be tasked with providing tools or services to carry out the clear labeling of such content. CAC, in Chinese ]
This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. As autonomous driving technology and regulations advance rapidly in China, ride-hailing platforms start looking for solutions to cut labor costs. ”
Twitter will label the accounts of government officials and state-affiliated media outlets, following similar policies from Facebook and YouTube. The new labels are already being applied but will roll out gradually, with government labels being applied to officials from China, France, Russia, the United Kingdom, and the United States.
Last week, Paul reported that the European Commission threw the kibosh on having TikTok on work devices , and today, Amanda reported that Canada followed suit for its government devices. The bans are coming down over concerns that China-based TikTok can be used to spy on its users. This startup has a platform for that.
Launched in the Philippines, social commerce startup Resellee wants to recreate the success of Pinduoduo, one of China’s fastest-growing e-commerce companies, in Southeast Asia. Concio told TechCrunch that there are currently about 40,000 resellers on Resellee’s platform, and each has an average of about 20 buyers.
Tesla, Mobileye, Alibaba, and Didi have denied speculation that they have been involved in conducting illegal map-making activities after Chinas top security agency said it found an incident of spying in which a foreign enterprise used a local company to collect sensitive map data.
” This action will focus on typical algorithm-related issues such as homogenized content recommendations creating “information cocoons,” manipulation and interference with trending topics on different platforms, blind profit pursuit harming the rights of workers in new employment forms (e.g.
Lynk , a “knowledge-as-a-service” platform that connects clients with over 840,000 experts in a wide range of fields, announced today it has raised $24 million led by Brewer Lane Ventures and MassMutual Ventures, with participation from Alibaba Entrepreneurs Fund. How Zhihu has become one of China’s biggest hubs for experts.
This afternoon, equity in sister-company Alibaba is off around 8% in the wake of the delayed offering and news that Ant had run into regulatory issues with the Chinese government. Ant’s reach has become staggering over time, with Alipay counting over 1 billion annual active users and over 80 million active merchants on the platform.
Stellantis-brands Maserati and Alfa Romeo are among the potential partners to Chinas Chery Auto in order to acquire advanced Chinese electric vehicle platform technology for their upcoming battery cars, a person with knowledge of the matter told National Business Daily, without revealing further details.
Chinese GPU manufacturer Moore Threads has submitted a filing for an initial public offering (IPO) in the domestic market amid US sanctions this week, according to information from the China Securities Regulatory Commission. Investors include Shenzhen Capital Group, Sequoia China, ByteDance, Tencent Investment, and China Mobile Capital.
Chinas largest car company, BYD , became the worlds second-biggest EV maker in 2024 due to the rollout of its ultra-affordable models such as the $11,000 Seagull as it grows its global footprint. In May, LG debuted a new infotainment platform with the launch of the Kia EV3 compact utility vehicle.
Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move beyond games. “The progression of mini games is a revolution in China,” suggested Stapley. .
Following a year of negotiations, Tencent and Meta have made a deal for Tencent to exclusively sell Meta’s VR (virtual reality) glasses in China from late 2024, The Wall Street Journal has reported. The less expensive device is scheduled for sale in various international markets in addition to China in 2024.
The first is a scoop he got related to Glance, which is reportedly launching its lock screen content platform for Android in the U.S. He also dug into Twitter’s lawsuit against the Indian government that was prompted by content takedown orders. Just a Glance : Manish wrote two of our top stories. in the next couple of months.
TikTok’s video removals by and large do not stem from government requests or copyright complaints. TikTok says it only received around 1,300 copyright removal requests and 45 government takedown requests (mostly from India), and it did not comply with all of those requests. TikTok has denied ever providing information to China.
while giving users control over their own data rather than letting it reside in the platforms they use.bit-powered identities come in the form of its namesake domain name. China and Singapore, led by four co-founders who were colleagues at Tencent — Tim Yoeh, Specer Shaw, Jeff Jin and Kyle Wright.
Indian government: 1 : It was unclear why the Indian government had ordered to block Battlegrounds Mobile India, Manish reports, but whatever the reason, Google yanked the game from the Play Store in India. Skipping a generation: In China, smartphone sales drop sharply , reports Brian. Let’s goo~ oooo oo — Haje. Battleground: 0.
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