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The Cyberspace Administration of China and the Ministry of Public Security have jointly released regulations on the management of facial recognition technology applications, which will take effect on June 1. Cyberspace Administration of China , in Chinese]
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]
The assembly lines are set to start production in the first half of next year at Foxconn’s Bac Giang province, according to Reuters ’ source, who notes that Apple wants to diversify its supply chain due to the ongoing trade disputes between the US and China.
China is on a quest for "technological self-sufficiency," and the trade war with the US has only accelerated that process. China is capable of covering over 20 percent of the chips needed in the local industry, but the government plans to increase that number to 70 percent by 2025.
As the trade war between China and the US rages on, the Chinese government is doing everything in its power to prop up the local tech industry. Flagship chinese companies like Huawei no longer get access to American silicon or the software required for their products.
In an expansive study of Chinas fast-paced restaurant industry, my colleagues and I found that leaders who cultivate trust can significantly reduce employee churn and improve organizational performance. Understanding the impact In China, as in the U.S., As an economist , I know theres a lot of research proving this point.
LinkedIn was launched in China back in 2014, featuring a localized version of the app that abides by the requirements of the Chinese government. The LinkedIn Chinese app worked as expected for seven years straight, helping many Chinese folks find jobs. However, the social part of the app was found.
As per The Reg, an investigation called "The Matrix" conducted by the National Computer Virus Emergency Response Center of China and local cybersecurity firm 360 Total Security has been published in a report titled Empire of Hacking: The US Central Intelligence Agency – Part I. Read Entire Article
Locale wants to keep you connected to the food you love, even if you live hours away now. Locale, based in San Francisco, enables customers to order from dozens of businesses, including bakeries and restaurants, and get them delivered in one box for just a $5 delivery fee. Other investors include Goodwater Capital and Esas Ventures.
Taiwan-born Huang hasn't visited China since December 2019, before the outbreak of the pandemic. The Nvidia boss returned this month with some visits to the company's offices in Shenzhen, Shanghai, and Beijing, according to local reports. Read Entire Article
With the trade war between the US and China raging on, the latter country is working hard to reduce its dependence on American chips and intellectual property related to semiconductors. Last year, the Chinese government poured no less than $29 billion into local tech companies to accelerate the development of.
Apple has removed Quran Majeed , a popular app for reading and listening to the Quran, from the App Store in China, the BBC reports. The company reportedly removed the app at the request of government officials, a somewhat surprising move given Islam is a protected religion in the People’s Republic of China.
Over the past few years, China has been spending billions to reduce its reliance on American technology. Another goal is to extend the manufacturing capacity of local foundries and help them catch up with advances. The primary aim of that effort is to develop the homegrown intellectual property around semiconductors.
Porsche said Tuesday it is undergoing a major restructuring in China to improve operating expense efficiency and remain agile in a highly competitive industry, following reports that it would cut about 30% of its workforce in the country. TechNode reporting , The Paper, in Chinese ]
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.
LGBTQ dating app Grindr has been removed from the Apple App Store in China, and is also unavailable on popular Android app marketplaces, Bloomberg reports. The tightening of restrictions comes ahead of China hosting the Winter Olympics in Beijing, which are due to kick off later this week. Ahead of the winter olympics.
While still small at 5%, Chinas share of the global memory chip market is growing, and market leaders SK Hynix, Samsung, and Micron should be worried. I also expect, and know from experience, that many Chinese electronic device companies will use local suppliers where possible. It seems that time is finally upon us. trillion won.
State-run press agency Xinhua (via The Guardian) reports that the rules, announced through China's national Press and Publication Administration, mean those under 18 will now only be allowed to play online games between 8 pm and 9 pm local time on Fridays, Saturdays, Sundays, and holidays. Online gaming companies will.
A China-based former Zoom employee is being charged with harassment for allegedly disrupting video calls commemorating the 1989 Tiananmen Square massacre. He allegedly used this position to target dissidents and activists both inside and outside the People’s Republic of China, collecting account information and disrupting meetings.
More from us: This ain’t good : Zack and Carly teamed up to write about a big police data leak in China that may have exposed…basically every one of its residents. The company is now denying the claims made against it for money laundering and fraud. Hail to the new chief : Anita writes that Binance.US got itself a new CFO.
Chinas Li Auto has established after-sales and service centers in several Middle Eastern countries and set up an independent department to oversee its efforts to boost its international expansion. The management did not provide an annual outlook, but local media reported it aims to sell 700,000 vehicles this year, a jump of 40% from 2024.
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
But demand for customized service and control over data still prompt many companies, especially smaller ones, to pick local cloud infrastructure providers instead, Warren co-founder and chief executive officer Tarmo Tael told TechCrunch. AWS remains in firm control of the cloud infrastructure market. and Indonesian cloud provider IdCloudHost.
China accounts for a quarter of Intel’s global revenue. Intel has issued an apology to partners and customers in China after it told local suppliers it would not be using labor or goods sourced from the country’s Xinjiang region. This normally-procedural note caused a backlash in China.
The Chinese TV market has been getting interesting lately, with Hisense bringing a 65-inch 4K HDR model to the table for $865, and now Xiaomi announcing the bigger, more expensive Redmi Max 100 that's soon launching locally for 19,999 RMB (~$3,150).
Tono Mandly doesn’t consider his company, Riogrande , an e-commerce aggregator, but instead as one whose mission is to build local brands, through acquisition and incubation, for the emerging middle class of Latin American consumers. They come from backgrounds that include Rocket Internet and Delivery Hero. “We
Local customers have expressed mixed views about the potentially game-changing technology finally coming to their country, although many Tesla owners and loyal fans welcomed the long-overdue launch on social media. Both the US and China are at the forefront of the technological trend, followed by Europe and the rest of Asia, Gong added.
India was the second-biggest smartphone market in the world in 2019, ahead of the US and second only to China. According to TechCrunch , Apple plans to scale up production in India, which would in turn reduce how much it depends on China, where most of its iPhones are currently made.
Mercedes Benz is making new cost-cutting efforts in China, including redesigning its performance evaluation system for local employees and cutting production lines in the hope of reviving sales and better competing with rivals like BYD and Tesla, sources told 36Kr on Monday. 36Kr , in Chinese]
According to Nikkei Asia, the new companies will include the Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Service Group, Cainiao Smart Logistics, Global Digital Commerce Group, and Digital Media and Entertainment Group. Read Entire Article
AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests on public roads without safety drivers or remote operators. “We have obtained support from the local government.
This comes as at least six Tesla employees have tested positive for COVID-19 in California since CEO Elon Musk reopened the company’s facilities there last month — initially in violation of stay-home orders, and then with the blessing of local officials — according to new reports from The Washington Post and Electrek.
The diminutive vehicle is made under a joint partnership between China’s state-owned SAIC Motor, Wuling Motors, and US carmaker General Motors, and is locally referred to simply as Wuling. The Hong Guang Mini EV sells in China only for 28,800 yuan, or about $4,500. The base Model 3 weighs around 3,500 pounds.
TikTok is exploring the local life services sector in Southeast Asia as it tries to replicate sister app Douyins path in China. In China, Douyin offers group-purchase dining vouchers that users can buy at a discounted price before heading to offline outlets to use them. 36Kr, in Chinese ]
Lilium, a German aviation firm backed by Chinese tech giant Tencent, said on Monday it has established its regional headquarters in Chinas southern city of Shenzhen as part of a collaboration agreement with the government of the citys Baoan district.
US-based private equity investment firm Matrix Partners has rebranded its China arm as MPC in English, the initials of Matrix Partners China, keeping the Chinese name unchanged starting from July 1. At the same time, the firm said it would also rebrand its Indian business to DZ47. being its best-known assets.
Teslas senior vice president, Tom Zhu, a longtime head of its China operations and once deemed as the top internal candidate to replace chief executive Elon Musk, is to reprise the position as the vice president of Greater China he held until last August.
Apple is reportedly in talks with Tencent and ByteDance to incorporate their AI models into iPhones sold in China, Reuters reported today. Sources indicate that Apples discussions with Tencent and ByteDance are part of its broader effort to adapt products to local regulations and user preferences in China. Reuters ]
million cars, but its sales in China felll by 6.9% Toyota said its China sales were hampered by the countrys transition towards electrification and an intense price war, although the central governments auto trade-in subsidies provided a boost to the overall market during the second half of last year. to approximately 1.8
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.
Johnson & Johnson China began a new round of layoffs last week, affecting several of the company’s business units, as intense competition and centralized procurement of medical supplies continue to affect the companys profits, according to local financial media outlet Yicai. Yicai, in Chinese ]
Japans Toyota is in talks to acquire real estate for the establishment of a new electric vehicle factory for its premium marque Lexus in Shanghai, Chinas biggest city by economic output, people familiar with the matter told Nikkei on Monday. Nikkei , in Japanese, Reuters , Bloomberg ]
Xpeng Motors emerged as Chinas top-selling electric vehicle startup in January, bumping long-time leader Li Auto off the top spot in the traditional low season, as the company continues to see growing demand for its budget yet intelligent cars. 1-19, according to figures from the China Passenger Car Association (CPCA).
Renault has established a research and development base in China, employing around 200 hardware engineers and planning to hire more software engineers in Shanghai, the countrys largest city, people familiar with the matter told Bloomberg on Friday. Bloomberg , AutoPix , in Chinese]
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