Rita Liao
China’s web3 community is rallying around the news of Tencent’s march into the decentralized land. On Wednesday, the social and gaming giant held its first global web3 summit in Singapore, which has emerged as a refuge for China’s blockchain developers after Beijing cracked down on cryptocurrencies in 2021.
It’s...
Baidu today revealed more details about its much-anticipated intelligent Ernie Bot, widely seen as the search giant’s counterpart to ChatGPT. Ernie Bot is built atop Baidu’s large language model Erniethat released in 2019. In May last year, the third generation of Ernie launched.
Here’s how Baidu plans to integrate Ernie...
As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, Hong Kong proposed rules that would let retail investors trade certain “large-cap tokens” on licensed exchanges, a stark...
Feishu, ByteDance’s workplace collaboration app, surpassed $100 million in annual recurring revenue last year, Xie Xin, the chief executive of Feishu, told staff Thursday, according to a person familiar with the matter.
In late 2021, the workplace tool became one of the firm’s six individual business groups, meaning it...
As many observers question what real value blockchain can bring to video games, a conglomerate is vouching for the space. SoftBank Corp, the telecom operator arm of SoftBank Group, has joined Oasys, a blockchain designed for video games, as a validator.
A validator is a node or computer that...
Over the past decade, China’s games industry has seen explosive growth, overtaken the U.S. in market size and given rise to global publishing giants like Tencent and NetEase. The boom is in part driven by a population that was quickly coming online and gaining purchasing power. But the...
At a time when venture capital funding is slowing in China, EV is one of the few sectors that are still keeping investors excited. Case in point, Zeekr, the luxury electric vehicle brand of China’s largest private carmaker Geely, announced Monday that investors have committed to investing $750...
Airtable’s whopping $11 billion valuation attained in late 2021 has lured a raft of ambitious entrepreneurs into the low-code database space. They covet even just a small slice of the pie enjoyed by the decade-old American juggernaut. While SaaS has long been a proven business model in the...
Damus, one of the fastest-growing Twitter alternatives, has been pulled from China’s App Store just two days after the app was approved by Apple.
The app, which runs atop the Jack Dorsey-backed decentralized social networking protocol Nostr, was removed from the China App Store per request by the country’s...
Xpeng, a Chinese electric vehicle upstart, is gearing up to launch its eVTOL into the air as it secures a key regulatory greenlight.
Aeroht, owned by Xpeng and Xpeng founder He Xiaopeng, just obtained a special flight permit from the Civil Aviation Administration of China, the country’s counterpart to...
