Rita Liao
Well before Washington banned Nvidia’s exports of high-performance graphic processing units to China, the country’s tech giants had been hoarding them in anticipation of an escalating tech war between the two nations.
Baidu, one of the tech firms building China’s counterparts to OpenAI, has secured enough AI chips to keep...
Li Auto, a electric vehicle maker adored by young Chinese families, is stepping up its endeavors to build in-house automotive chips and has gone abroad to seek talent for the course.
The eight-year-old company is currently hiring five positions in Singapore to develop silicon carbide (SiC) power modules, an electrical...
During the Staking Summit in Istanbul, a conference attended by hundreds of individuals involved in the staking practice of the crypto ecosystem, two exhibition booths stood out. They belonged to Tencent and Huawei. Amidst a backdrop dominated by twenty-somethings clad in trendy company hoodies and giving out well-designed merchandise,...
Despite its dominant market share in the crypto sphere, Bitcoin has had limited applications compared to other blockchains which have blossomed to facilitate asset transfers in everything from financial products to video games.
Ethereum, for example, has close to 6,000 developers actively building on its network every month as of...
Another country is banning TikTok, the ByteDance-owned short video behemoth with over one billion active users around the world.
The decision, first reported by the New York Times, came shortly after the Himalayan country introduced a rule requiring social platforms to register with the local government. TikTok’s refusal to curb hate...
When Pico launched its Oculus Quest challenger in China last year, it did so with great optimism. Light (295 grams) and affordable ($420), the virtual reality headset released by the ByteDance-owned manufacturer was expected to drive adoption in a market inaccessible to Meta.
The odds were against Pico. Its...
Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 billion in a potential U.S. initial public offering, Bloomberg reported on Tuesday.
That price tag is up from the $64 billion valuation it...
Nio, the Chinese carmaker known for its sleek, premium electric SUVs, has started a new round of layoffs as intense competition propels it to cut costs and regroup resources.
In an internal letter seen by TechCrunch on Friday, Nio’s CEO William Li says the company is expected to reduce...
Just three months after PayPal entered the fray to bring stablecoins to the masses, it’s attracting attention from U.S. regulators.
The payments giant said Thursday that it had received a subpoena from the Securities and Exchange Commission related to its U.S. dollar-pegged stablecoin, according to Reuters. TechCrunch has reached...
Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquartered firm announced its acquisition of Missguided, a struggling fashion brand based out of Manchester, U.K., for...
