Tech /
Big Tech
Ant Group
Big Tech
Ant Group splits Alipay into two business units in latest restructuring move
The company will adopt a ‘rotating presidential system’ for the two new businesses, with each unit president serving a six-month term.
24 Dec 2024 - 8:00PM
E-commerce
Amazon asks Chinese sellers not to offer cheaper prices on Temu
24 Dec 2024 - 6:00PM
Foxconn
Foxconn invests in EV battery plant in China’s iPhone city
24 Dec 2024 - 4:30PM
United States & Canada
TikTok ban
Trump’s TikTok love raises stakes in battle over app’s fate
Trump’s repeated support for TikTok sparks speculation about potential solutions to prevent the Chinese-owned app’s impending US ban.
24 Dec 2024 - 6:34AM
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Congress passed legislation that would block TikTok from US app stores and web-hosting services unless Beijing-based ByteDance sells its stake by January 19. Photo: AFP
Tech Trends
Smartphones
China’s foldable smartphone shipment growth slows amid global dip in demand
Huawei remains the bestselling foldable smartphone vendor in China, accounting for around half of total domestic shipments.
23 Dec 2024 - 9:00PM
United States & Canada
TikTok ban
Trump favours keeping TikTok in US after ‘billions of views’ during election
US president-elect offers strongest signals yet that he opposes a potential exit of TikTok from the US market.
23 Dec 2024 - 3:14PM
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Tech Trends
Artificial intelligence
The ‘AI Olympics’ gets new hurdles in Canada as US-China tech war plays out
Chinese researchers and companies such as ByteDance made up a greater share of the 37-year-old AI conference this year, but some could not secure visas.
21 Dec 2024 - 12:00PM
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The 37-year-old NeurIPS conference has taken on greater significance since the launch of ChatGPT spurred greater investment in generative artificial intelligence. Photo: AFP
Policy
E-commerce
China’s tax authority to demand online influencer, merchant revenue numbers
A newly proposed regulation would require internet platform operators to report revenue information about users.
23 Dec 2024 - 4:15PM
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Big Tech
Tencent
Tencent and smartphone maker Honor team up on AI while Apple lags behind
Tencent is providing cloud computing resources to strengthen Honor’s AI offerings while Apple Intelligence is still absent in China.
20 Dec 2024 - 8:54PM
Big Tech
Tencent
China’s super app WeChat flexes e-commerce muscles with gift feature
The new function could be Tencent’s next big hit after electronic red packets, says one merchant.
20 Dec 2024 - 7:00PM
Big Tech
Artificial intelligence
ByteDance intensifies China AI rivalry with 85% price cut for visual model
ByteDance’s ultra-low pricing underscores growing rivalry in the Chinese market, where Big Tech firms and start-ups have locked horns in a brutal price war.
20 Dec 2024 - 8:30AM
ByteDance’s Doubao app is seen on an iPhone. Photo: Shutterstock Images
United States & Canada
US-China relations
TikTok ban: US senators urge Biden to extend ByteDance deadline by 90 days
The app’s China-based parent company is mounting a legal challenge against a law forcing it to sell its US assets or face a ban.
20 Dec 2024 - 10:12AM
Big Tech
Artificial intelligence
Shenzhen showers AI companies, workers with cash to boost local industry
Municipal government issues a slew of new policies including tens of millions of dollars in subsidies to promote AI development.
20 Dec 2024 - 7:00AM
Banking & Finance
Banking & finance
HKMA picks 10 banks, 4 tech firms to test GenAI usage in financial sector
Participants will be onboarded to a platform of an AI supercomputing centre operated by Cyberport, with technical trials expected to begin early next year.
19 Dec 2024 - 8:06PM
Big Tech
Apple
Apple in talks with Tencent, ByteDance to launch AI in China, report says
The iPhone maker is reportedly in early talks with the tech giants to launch Apple Intelligence on the mainland after talks stalled with Baidu.
19 Dec 2024 - 8:00PM
Apple has faced challenges in launching Apple Intelligence on its iPhones in mainland China owing to the country’s strict regulation of the technology. Photo: AP
Big Tech
Ant Group
Chinese fintech giant Ant denies imminent restart of IPO process
Amid rife speculation, the company says it has no current plans to go public or pursue a back-door listing.
19 Dec 2024 - 8:31PM
Big Tech
Alibaba
Alibaba splits AI team to sharpen consumer and business focus
It follows similar moves by ByteDance and Baidu, which have divided their AI research and application teams to tackle a competitive market.
19 Dec 2024 - 6:00PM
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Big Tech
Tencent
Tencent gives up Epic Games board seats after US antitrust scrutiny
China’s most valuable company owns Riot Games, a rival to Epic, in which it also has a minority stake, and its board seats in both possibly violated US law.
19 Dec 2024 - 3:13PM
The logo of Epic Games, maker of the popular video game Fortnite, pictured on a screen on August 14, 2020. Photo: Reuters
China EVs
Electric & new energy vehicles
Exclusive
|
China’s EV champion Geely bets on tech edge to expand in Asia, EU
In an interview with the Post, Geely CEO Gui Shengyue discusses the company’s overseas strategy and EU tariffs.
19 Dec 2024 - 10:13AM
Big Tech
ByteDance
Fund of ByteDance’s billionaire founder gets Hong Kong asset management licence
The investment fund started by the founder of the Chinese owner of TikTok now has regulatory approval to provide services to professional investors.
18 Dec 2024 - 8:00PM
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Big Tech
E-commerce
China’s food delivery platforms force riders to take breaks after long hours
Meituan and Ele.me are using ‘fatigue management’ systems in several cities, halting orders after 12-hour days, as work climbs in slowing economy.
18 Dec 2024 - 5:30PM
OPINION
Zhou Xin
My Take
|
Tesla is getting love from Chinese state media, but can the affair last?
19 Nov 2024 - 7:00AM
Andrew Sheng
Opinion
|
For the best AI outcomes, good policy is key
25 Sep 2024 - 3:36PM
Zhou Xin
My Take
|
China’s video gaming industry needs more like Black Myth: Wukong
27 Aug 2024 - 1:11PM
Charles Ferguson
Opinion
|
AI companies must pay attention to national security needs
8 Aug 2024 - 2:17PM
George Chen
Opinion
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Hong Kong can’t afford to lose out on generative AI
1 Aug 2024 - 9:30AM
Gerui Wang
Opinion
|
Why China is pushing so hard for international cooperation on AI
25 Sep 2024 - 3:21PM
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