Meta Reportedly Looks to Tencent to Relaunch Business in China
The media reported that Meta is currently trying to establish cooperation with the Chinese company Tencent in order to resume operations in that country.
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Netherlands to Restrict Chip Equipment Exports
The Netherlands reported on the decision to restrict the export of certain equipment that is necessary for the production of semiconductors, to China.
New US Ban To Restrict Access of China’s AI Firms to Chips
The United States is currently exploring the prospects of introducing additional restrictive measures regarding the export of chips necessary for developments in the field of artificial intelligence to China.
Alipay and Mastercard Offer Cashless Payments to International Travelers to China
Alipay and Mastercard announced the beginning of cooperation to create a new payment method for foreign tourists visiting China.
Digital Yuan Now Available as a Payment Option in Qingdao Metro
China’s digital yuan central bank digital currency (CBDC) can be used for fare payments even if the passenger’s mobile phone has no signal or is out of battery
Siemens to Invest €2 Billion to Boost High-Tech Plants
Siemens AG will direct investments in the amount of €2 billion to expand high-tech production.
Altman Calls On China to Help Shape AI Safety Guidelines
Sam Altman, Chief Executive Officer of OpenAI, said that China should become one of the main participants in the discussion on the development of artificial intelligence and the strategy of applying advanced technologies in the space of human life.
Ant Group Achieves 2022 Carbon Neutrality, Doubles R&D Expenditure
With the help of green computing technologies, Chinese fintech giant Ant Group reduced carbon emissions by over 62,100 tonnes of carbon dioxide equivalents (CO2e) in 2022
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has created something like a fund to finance Chinese startups that specialize in research in the field of generative artificial intelligence.
Startup Together Raises $20 Million to Build Open Source Generative AI Models
Together, a startup that develops open-source artificial intelligence, announced the attraction of $20 million in investment funds as part of the initial financing round.
LinkedIn Cuts 700 Jobs and Closes China App
LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.
Jack Ma-Backed Ant Weighs Introduces Investor in HK Bank Unit
The media, citing informed sources, report that Ant Group Co. is currently exploring the possibility of selling a stake in its virtual banking division in Hong Kong.
How Can Ecommerce Sites Implement Live Streaming in New Ways to Get Ahead?
The ecommerce industry has boomed over the last few decades, but the crazy thing is it is only just getting started. Indeed, online consumerism will be ubiquitous in the future, and it’s expected to grow significantly and reach $7.3 trillion by 2025. There’s still a lot of opportunity out there for businesses in the industry and people […]
China’s Central Bank Warns Against ChatGPT Data Leaks
The Chinese Payment Association, whose activities are carried out at the expense of state funding, announced the potential danger of using generative artificial intelligence tools.
WeChat Adds CBDC to Payment Platform
China’s major social networking and payment app WeChat has followed Alipay in adding support for payments using the digital yuan – the country’s central bank digital currency (CBDC)
Fidelity International Preps First Mutual Fund in China
Fidelity International, FIL Fund Management (China) Company Limited has announced its intention to launch its first mutual fund in China in the near future.
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