Technology

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Jun 17, 2024

EU cybersecurity label should not discriminate against Big Tech, European groups say

Industry groups say it was crucial that their members have access to a diverse range of cloud technologies.

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Jun 15, 2024

Huawei’s HarmonyOS unseats Apple’s iOS to become China’s No 2 mobile operating platform

Huawei saw HarmonyOS’ domestic presence more than double, from an 8 per cent share in the first quarter of 2023, on the back of brisk sales of its new 5G smartphones.

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Jun 15, 2024

Alibaba, Xiaohongshu tout sales growth in China’s midyear e-commerce festival

Alibaba’s midyear shopping promotion has it going head-to-head with younger e-commerce competitors such as Xiaohongshu, China’s answer to Instagram.

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Jun 14, 2024

How three MIT scientists and Tencent’s backing created Hong Kong’s new investor darling

QuantumPharm’s IPO has been portrayed as a prime example of the city’s major role in supporting China’s technology drive.

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Jun 14, 2024

Shanghai’s Yangpu district eyes smaller tech firms to complete its growing digital ecosystem

Shanghai’s northeastern Yangpu district , which has already attracted Big Tech firms such as Meituan and Bilibili, has set its sights on smaller technology businesses to form an ecosystem for its growing digital economy.

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Jun 14, 2024

Apple tops Microsoft in value after best 3-day run since 2020

Apple overtook Microsoft to regain its title as the world’s most valuable company, the latest sign of improving investor sentiment over its growth and position with AI.

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Jun 13, 2024

China’s AI giants cosy up to virtual companions as loneliness drives chatbot revenue

Microsoft spin-off Xiaoice remains the market leader, but Baidu, Tencent and ByteDance are all looking to capitalise on the latest Chinese AI trend.

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Jun 13, 2024

Tesla shareholders approve US$56 billion pay package for CEO Elon Musk

The mercurial billionaire may face fresh lawsuits on the package, which would be the largest in US corporate history.

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Jun 13, 2024

Chinese fashion student outsmarts AI teams to reach finals of Alibaba maths competition

A 17-year-old student majoring in fashion design, who is self-taught in maths, beat all AI teams to get into the finals of the Alibaba Global Mathematics Competition, according to organiser DAMO Academy.

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Jun 13, 2024

PDD Holdings’ Colin Huang and ByteDance’s Zhang Yiming top China’s tech rich list

Colin Huang and Zhang Yiming, the founders of PDD Holdings and ByteDance, respectively, are the richest tech entrepreneurs in China, according to a list published by Chinese magazine New Fortune.

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