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Exclusive | TikTok owner ByteDance’s valuation hits US$500 billion as US plan advances

Figure marks a record for China’s tech giant, which will divest its US entity into a joint venture that includes Oracle and Silver Lake.

Huawei’s HarmonyOS crosses ‘survival line’ as user base hits 27 million

ByteDance raises pay, boosts bonuses to retain staff amid AI talent war

The TikTok owner has announced higher bonuses, wider pay bands and faster equity payouts as it seeks to stay competitive in the global talent race.

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Exclusive | Hong Kong’s Insilico, Aramco to partner on sustainable fuels and materials

AI drug discovery unicorn Insilico Medicine is set to sign a deal with Saudi Arabia’s Aramco and a subsidiary during Hong Kong leader John Lee Ka-chiu’s official visit to the country.

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Insilico opened a regional research centre in Abu Dhabi this month. The opening ceremony was attended by Alex Zhavoronkov, Insilico’s co-founder and CEO, Omar Al Olama, the UAE’s Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Ahmed Baghoum, the acting CEO of Masdar City, and Alex Aliper,  Insilico’s co-founder and president. Photo: Handout
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