This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
China has long stood opposed to the CHIPS Act, which was signed into law this month, having previously called it "entrenched in the Cold-War and zero-sum game mentality." Now, Yu Xiekang, vice chairman of the China Semiconductor Industry Association, has claimed (via Bloomberg) that the act is designed to give.
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. Google put its pause into place as soon as the law took effect last Wednesday. “[W]hen
The Chinese government’s crackdown on its domestic technology industry continues, with Tencent under fresh pressure despite the company’s efforts to follow changing regulatory expectations. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday.
IPO is one of several key moments of the recent regulatory shift inside China regarding its leading technology companies. Bloomberg reports that China is considering removing the VIE loophole that allowed Chinese companies to list in the United States, closing a method by which local companies could access foreign capital.
The CHIPS Act was signed into law by President Joe Biden in 2022 to reduce dependence on China and bolster the domestic EV, renewable energy, and semiconductor industries. The Act aimed to attract significant investments to establish manufacturing facilities in the US and offered more than $400 billion in tax.
Yair Geva is a partner at Herzog Fox & Neeman , one of the leading Israeli law firms that has helped facilitate some of the major exits and deals in Israel within the past few years. In fact, Israeli VCs are increasingly viewing China as their main source of capital. Why is China be so interesting to Israeli tech?
China’s first data privacy laws go into effect on November 1, 2021. “American firms doing business in China or with companies inside China will need to immediately start assessing how this new law will impact their activities,” he advises. What China’s new data privacy law means for US tech firms.
Among Gen Z, theres a certain nihilism about Chinas access to American data. Others say that, if American billionaires can access their data, why not let China, too? Chinas threat to our data security is difficult to comprehend. So why would we care about China having that data too? government.
The State Administration for Market Regulation (SAMR) of China announced Monday that it has launched an investigation into NVIDIA, suspecting the American chipmaker of violating Chinas antitrust laws during its acquisition of Mellanox Technologies. The announcement comes amid heightened tensions in the semiconductor industry.
Proceeds benefit the American Civil Liberties Union, a nonprofit that works to defend the rights and liberties guaranteed by the Constitution and laws of the United States. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Online Stores by Nonprofits.
The National Press and Publication Administration (NPPA), China’s gaming regulator, approved 89 domestic games on Monday as the country’s authorities continue to green-light a steady stream of titles following its previous freeze on new titles. NPPA, in Chinese ]
It also features steer-by-wire technology, which also increases design flexibility and is not yet widely adopted in the industry. Canoo met with companies and investors across Silicon Valley and China before going public. Canoo was more interested in taking on an investment from Apple, two of the people said.
Photo by Visual China Group / Getty Images. Here’s what’s going on, according to the company and China games industry analyst Daniel Ahmad. In China, video game addiction prevention is literally the law of the land, one that’s been evolving for many years but recently hit some important milestones.
Toyotas first wholly-owned electric Lexus plant in China could be larger than Teslas Shanghai Gigafactory, according to since-deleted publicly available documents shared by a Chinese blogger, revealing significant details on the latest investment in China by the worlds biggest automaker.
Globalization and the digital transformation of the book industry also stand behind the recent big news in the publishing world about the mega-merger of Penguin and Random House , says Ed Nawotka. Penguin, he points out, is a growing power in China, India and Brazil, while Random House is pervasive across Spanish-speaking Latin America.
China’s technology industry. Since the Ant IPO was pulled and the Chinese Communist Party executed off a flat-wild period of regulatory action in 2021, you have probably heard less about China’s technology. Wrapped in red tape, China’s startups give up their mainland dreams. Let’s go.
The World's Dependence on the Travel Industry by Chantilly Jaggernauth. The travel and tourism industry accounted for more than 10% of the world’s Gross Domestic Product (GDP) in 2019. Did you know that China rents out its pandas? Today, over 60 giant pandas, native to south-central China, can be found worldwide.
Amazon is allegedly employing suppliers in China with links to forced labor, according to a report from the Tech Transparency Project (TTP), a research group owned by the nonprofit watchdog organization Campaign for Accountability (via NBC News ). Illustration by Alex Castro / The Verge.
The People’s Bank of China, the country’s central bank, said Friday that cryptocurrency transactions are illegal, saying such currencies “do not have legal tender status” and therefore “cannot be circulated as currency in the market.”. China is in the midst of an energy crisis that has already affected many other industries.
The Cyberspace Administration of China (CAC), the national internet regulator, on Wednesday issued new draft regulations aimed at preventing minors from becoming addicted to their phones. Why it matters: Safeguarding the online experience of minors is a key concern of authorities overseeing Chinas entertainment and internet industries.
On March 15, the annual 315 Evening consumer rights TV broadcast co-hosted by state media China Central Television (CCTV) and a number of national government departments, exposed an illegal industrial chain producing motherboards for the mass manipulation of smartphones.
Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” Resignations within the tech industry increased 4.5% Sophie Alcorn. Contributor. Share on Twitter. More posts by this contributor.
Silicon Valley law firm Cooley recently reported that it “handled 298 disclosable venture capital financings for Q3 2022, representing $8.1 China relations is on investors’ minds. sanctions on China were to extend to biotech, Dopazo said that “the impact could go from financing (e.g.,
A new letter from a tech industry group is driving home the risks of Hong Kong’s proposed anti-doxxing rules. Last year, the passage of a new security law caused Google, Facebook and Twitter to halt all data production requests while the law could be reviewed.
This enabled companies across a wide range of industries to fully tap into and secure talent all over the world, often at a much lower cost than in Silicon Valley. Hiring international employees and contractors is not a new phenomenon, but with labor shortages in several industries and visa struggles with tech workers in the U.S.,
On Tuesday, the Internet Society of China issued draft regulations entitled Requirements for Managing Minor Online Game Service Consumption for public consultation. Internet Society of China, in Chinese ] Repeated misconduct can result in full liability for the responsible party, the draft rules say.
Just as Five had been focused on a pivot to software, Bosch has already been a very active player in that market and how it relates to autonomous systems and other next-generation software and hardware , but it has also been investing in autonomous vehicle companies, too: it’s part of the list of strategic backers of Momenta in China.
GACs EV unit Aion also showcased its latest offerings during this years expo, as its state-owned parent company, which is also a manufacturing partner of Toyota and Honda in China, sets its sights on global expansion and targets vehicle sales of 1.1 million units of its own brands this year.
According to Similarweb , Kimi Chat ranked third on Chinas AI product list by user traffic in February, with its average daily active users increasing by 101.9% Industry insiders reveal that several investment firms, confident in founder Yang, continued to back him when he launched Moonshot AI. year-on-year.
Note:The article was first published on TechNode China written by Evan Huang and translated by Zinan Zhang. This article explores the pivotal role of the Scaling Law, the emergence of super apps, and the promising future of AI-driven innovations. This is the story with each generation of models as we scale up, he remarked.
To further enhance the management of mobile internet information services, the Ministry of Industry and Information Technology of China (MIIT) announced on Wednesday that all mobile applications must now be registered online through the authoritys website, as stated on its WeChat account.
The China tech crackdown continues. Beijing filed a civil suit against Tencent over claims that its WeChat Youth Mode flouts laws protecting minors, and state media criticized the gaming industry as the digital equivalent of passing out drugs to kids, Alex Wilhelm writes in The Exchange. The China tech crackdown continues.
— Christine and Haje The TechCrunch Top 3 More layoffs : The layoffs affecting the technology industry are now making their way to the companies that service them. Do Kwon in custody : It looks like law enforcement caught up with Terra creator Do Kwon, who was reportedly arrested at the Montenegro airport, Jacquelyn writes.
I am inspired by Cloudflare’s recent post explaining the impact of Amazon’s monopoly in their industry. Value in social networks is calculated, depending on whom you ask, algorithmically (Metcalfe’s law) or logarithmically (Zipf’s law). The monopolies of Line, Kakao and WeChat in Japan, Korea and China prove this clearly.
The Indian financial enforcement agency Enforcement Directorate (ED) has arrested four executives involved in the smartphone industry, including a Chinese citizen working at Vivo India, on charges related to illegal remittances, Reuters reported on Tuesday. billion) to overseas destinations, primarily mainland China.
I reached out to about 20 companies building electric scooters and bikes, and most of them told me the same thing: Getting critical parts, like motors, out of China is becoming increasingly difficult, and Russia’s war against Ukraine is making supplies like nickel expensive and hard to source. Micromobility is feeling the pain as well.
" Cambodia has become a big player as a garment exporter by passing labor laws, providing decent conditions in factories, offering benefits we take for granted in us (vacation, maternity leave, paid overtime) and working with socially responsibility companies that sell clothing. I was reminded again about this issue again recently from.
The music industry’s three biggest record labels demanded more revenue for songs from their artists being used on TikTok in April 2019, leading to a showdown between TikTok and the industry at large, according to Bloomberg. Long-term deals still need to be worked out. Josh Hawley (R-MO) tweeted after Mayer’s announcement. Under oath.”.
“It’s a company with operations and supply chains in China targeting the global market, with nearly no business in China.”. Before an exit, founders must get their employment law ducks in a row. Before an exit, founders must get their employment law ducks in a row. meanwhile, has 369, and China has 159.
Because it’s a nascent industry that’s largely unregulated, crypto companies are not generally skilled at crisis communications. When a bank or financial services company experiences a massive security failure or a volatility shock, federal laws dictate how it must communicate with its customers. Ghosts can drive? :
As AI continues to reshape industries worldwide, a key question remains: Can its transformative power be harnessed responsibly? Pizzala highlighted the citys advantages, including its established legal framework based on common law, which fosters trust and confidence for businesses.
Shein’s re-entry into the country could further invigorate India’s textile industry. Indian officials, however, argued that data localization was vital for protecting national sovereignty, securing timely law enforcement access to data, promoting local business interests, and enhancing investment in cloud storage infrastructure.
and China, and point to why these loan apps get the traction they do. Law enforcement agencies in the country are also taking some efforts to raise awareness. “We will continue to assist the law enforcement agencies in their investigation of this issue,” the spokesperson said.
Startup ecosystems from emerging markets excluding China and India didn’t make the organisations’ top 40 list last year. Companies in the same industry, product stage, revenue, fundraising are some of the comparisons made. for law school. After this is done , Pariti benchmarks each company against its peers.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content