But Shuli says China’s banks are too dysfunctional for collusion to work. Technology and media companies are setting truckloads of cash on fire to reshape in-home entertainment and (eventually, they … ( read original story…
Monthly Archives For August 2019
Recycling ‘crisis’ leaves Cosmo Industries in the red after China’s crackdown on foreign waste
While China builds its own domestic market, foreign shippers are suffering financially without the return they used to rely on. “It’s an unprecedented attack on recycling,” said Ken Gryschuck, manager … ( read original story…
Goldman Sachs, China’s Ping An back artificial intelligence firm H20.ai
NEW YORK (Reuters) – Goldman Sachs Group Inc, China’s Ping An Global Voyager Fund and others have invested $72.5 million in H20.ai, a rapidly growing artificial intelligence startup, the … ( read original story …)
A worker at Britain’s consulate in Hong Kong went missing in China, and his girlfriend is blaming Beijing
Simon Cheng, an employee at the British consulate in Hong Kong, went missing during a business trip to mainland China. ( read original story …)
After Twitter and Facebook blame China for Hong Kong disinformation, government defends its right to online speech
China has enjoyed virtually unassailable control on social … as Chinese companies have become major domestic and global players in social media and other areas of advanced technology. For some … ( read original story…
The Technology 202: Facebook and Twitter’s action on accounts tied to China show disinformation is going global
Facebook and Twitter’s decision to crack down on fake accounts tied to China underscores how Silicon Valley’s disinformation challenges have gone global. It’s just the latest sign that more countries … ( read original story…
China Unicom releases 5G data package, the world’s cheapest
A customer uses her mobile phone outside an outlet of China Unicom in Yuncheng, Shanxi province. [Photo/Xinhua] China Unicom recently said in a press conference its 5G data packages will cost a … ( read…
No, China Isn’t Easing. It Just Has a New Benchmark
(Bloomberg Opinion) — As the financial world’s movers and shakers hunker down at Jackson Hole this weekend, one pressing question will be who’s next to cut interest rates. The People’s Bank of China … (…
China cries foul over Facebook, Twitter block of fake accounts
BEIJING (Reuters) – China said on Tuesday it had a right to put out its own views after Twitter and Facebook said they had dismantled a state-backed social media campaign originating in mainland … (…
Here’s Why China Yuanbang Property Holdings (SGX:BCD) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. ( read original story…
U.S. extends limited reprieve on tech sales to China’s Huawei
Huawei is China’s biggest phone maker, and sales to the company account for a significant portion of revenues for some U.S. suppliers. The extended limited reprieve applies to technology sales and … ( read original…
Privacy vs social good: AI must balance responsibilities, China governance expert says
What’s more, AI is also expected to create a wave of new, higher skilled, technology-driven jobs. The effectiveness of AI “use cases” in China also depends to some degree on its geography and … (…
Facebook and Twitter ban advertising from China’s state-run media about Hong Kong protests
Promoted tweets and sponsored Facebook ads have been run by a number of English-language Chinese state media outlets including China Daily, Xinhua News Agency, China Plus News and China Radio … ( read original story…
