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Blockchain
Chainlink makes a case for blockchain-driven finance at SmartCon in Hong Kong
As Chainlink touts its technology that has brought blockchain transfers to the Swift network, geopolitical scrutiny is growing in the space.
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Shanghai to back local biopharma firms’ overseas push, regulatory compliance
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Tech Trends
Chinese smartphone brands beat Apple to the AI punch at home
With no word on when Apple Intelligence will arrive in China, domestic players from Xiaomi to Honor are touting their own AI features.
31 Oct 2024 - 9:00PM
Xiaomi president Lu Weibing introduces the company’s latest flagship handsets in Beijing on Tuesday. Photo: AFP
Tech Trends
Temu’s debut in Vietnam faces scrutiny after Indonesian ban
The Chinese bargain shopping site is accused of operating in Vietnam without government approval, according to local reports.
31 Oct 2024 - 7:00PM
Blockchain
Hong Kong crypto ETFs see tepid investor demand even as bitcoin prices surge
Bitcoin’s price jumped 7.84 per cent over the past five days and 12 per cent over the past month, ahead of the US presidential election.
31 Oct 2024 - 6:00PM
Tech Trends
Toyota, NTT to spend US$3.27 billion on mobility AI system for self-driving cars
The mobility AI platform is envisioned to support autonomous driving, while targeting a reduction of traffic accidents to zero.
31 Oct 2024 - 3:36PM
Tech Trends
Chinese AI unicorn MiniMax scores big in US with Talkie chatbot app
Talkie, part of the fast-growing ‘companion AI’ market segment, was the fourth most-downloaded AI app in the US in the first half of 2024.
31 Oct 2024 - 8:00AM
So-called companion AI apps, such as MiniMax-developed Talkie, are popular among younger social-media users. Photo: Handout
Tech Trends
Chinese e-commerce platform JD.com to accept Alipay as ‘walled gardens’ fall
The Alipay move comes on the heels of Alibaba’s logistics arm Cainiao announcing it would provide services on JD.com.
31 Oct 2024 - 7:00AM
Big Tech
Chinese cities dominate Amazon seller network, outnumbering US hubs
More than half of Amazon’s top 20 seller bases are in China, including top-ranked Shenzhen.
30 Oct 2024 - 10:18PM
Big Tech
Xiaomi unveils US$114,000 Ferrari lookalike in luxury car venture
The SU7 Ultra has drawn both scepticism and admiration from consumers in the world’s largest EV market.
30 Oct 2024 - 7:00PM
Tech Trends
Chinese data centre firm GDS raises US$1 billion for overseas expansion
That funding will help capitalise the development of up to 1 gigawatt of total data centre capacity outside China, according to GDS.
30 Oct 2024 - 5:00PM
More enterprises are using data centres to host or manage high-performance computing systems for their artificial intelligence projects. Photo: Shutterstock
Tech Trends
AMD raises AI chip sales forecast to US$5 billion for 2025
Revenue in AMD’s data centre business, which includes AI chips, surged 122 per cent to US$3.5 billion in the fourth quarter.
30 Oct 2024 - 12:40PM
Tech Trends
China’s Zhipu AI says its app can operate your smartphone for you
AutoGLM can order coffee, send messages and complete other tasks on smartphones based on voice prompts, according to the Chinese start-up.
30 Oct 2024 - 9:00AM
Blockchain
Circle CEO envisions stablecoins playing greater role in trade settlements
Jeremy Allaire envisions a ‘global network of stablecoins’ enabling ‘better, faster, cheaper’ transactions for emerging markets trading through Hong Kong.
30 Oct 2024 - 10:14AM
Big Tech
Intel set for sharp drop in quarterly revenue as chip maker struggles to recover
The once-iconic American semiconductor giant is expected to report this week an 8 per cent decline in quarterly revenue to US$13.02 billion.
29 Oct 2024 - 8:45PM
Intel’s shareholders have turned their focus on chief executive Pat Gelsinger’s attempts to salvage the chip maker’s lost market lead. Photo: Shutterstock
Tech Trends
China smartphone market on track to post first annual sales growth in five years
Domestic smartphone sales rose 2.3 per cent year on year in the September quarter, reinforcing market forecasts of a low single-digit increase in 2024.
29 Oct 2024 - 7:00PM
Blockchain
Ant CEO Eric Jing touts tokenisation benefits for cross-border transactions
Tokenisation is a major focus of FinTech Week this year, in addition to AI, as Web3 in Hong Kong looks beyond ‘speculative’ cryptocurrencies.
28 Oct 2024 - 8:18PM
Big Tech
Chinese nuclear company claims breakthrough with radiation detection chip
CNNC said the proposed applications were ‘broad’, as customers can use the chip to monitor radiation doses in various scenarios.
28 Oct 2024 - 5:04PM
6
Family & Relationships
Pakistani women turn to marriage apps, not aunties, to find love
In a country where dating is seen as dishonourable and arranged marriages and matchmaking are common, marriage apps promise ‘love matches’.
27 Oct 2024 - 5:15PM
A group of “rishta aunties”, as matchmakers are known, in Rawalpindi, Pakistan. In a country where dating is considered dishonourable, marriage apps have emerged that promise “love matches”. Photo: AFP
Big Tech
Chinese tech firms scramble to recruit top AI talent amid short supply
For every five new AI jobs in China, there are only two qualified workers available in the market, a study showed.
27 Oct 2024 - 7:00AM
Tech Trends
Chinese rocket firm is selling tickets to space on Taobao for US$280,000 each
The suborbital trip, scheduled for 2027, will last around 12 minutes with a maximum height of 150 kilometres.
26 Oct 2024 - 6:00PM
China Business
Transformers: the rise of smartphone makers in China’s EV arena
Thanks to an advanced supply chain, companies with no history making cars are challenging for supremacy in China’s EV market.
26 Oct 2024 - 11:30AM
OPINION
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AI compact proves there’s hope for multilateralism yet
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Zhou Xin
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China’s stock-market frenzy reflects social media’s growing sway over investors
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William Shiyuan Wang
Opinion
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Can we curb our destructive behaviour before AI takes control?
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Xuyang Dong
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Tim Buckley
Opinion
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Why China’s clean tech glut is a net global positive
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Andrew Sheng
Opinion
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For the best AI outcomes, good policy is key
25 Sep 2024 - 3:36PM
Gerui Wang
Opinion
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How China plans to become a robotics powerhouse
5 Sep 2024 - 10:19AM
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