PRNewswire/ — Pintec Technology Holdings Ltd. (“Pintec”; NASDAQ: PT), a leading independent fintech solutions provider, announced today that it … ( read original story …)
TECHNOLOGY
Irony Alert: What if China taps open RAN to breach networks?
The O-RAN Alliance The O-RAN Alliance was established in 2018 by AT&T, Deutsche Telekom, NTT Docomo, Orange and China Mobile. It has since grown to 237 mobile operators and network equipment providers … ( read…
Government mulls funding telco bid to block China
Canberra is considering offering financial support to private equity bidders circling Digicel’s Pacific businesses, to block moves by China to snap up the sensitive assets. ( read original story …)
Giant steps by China in science another reason for its rise
Successful lunar mission is just one project to celebrate as country also shows way in technology, quantum supremacy and replicating nuclear fusion process … ( read original story …)
China should consider digital tax for large tech firms, official says
The development comes as China has recently been strengthening its supervision of large tech enterprises, including titans Alibaba and Tencent. ( read original story …)
China’s Top Chipmaker Slides After Co-CEO Abruptly Quits
Semiconductor Manufacturing International Corp. shares fell after news emerged about the surprise resignation of a top executive who spearheaded the rapid technological ascent of China’s largest … ( read original story …)
Analysis-China to crank up anti-trust heat on Big Tech after unprecedented fines
HONG KONG/BEIJING (Reuters) – China’s unprecedented anti-trust squeeze on its technology giants is only just beginning. Having levied fines and announced a probe on Monday into deals backed by the … ( read original story…
Indonesia says China’s CATL plans to invest $5 billion in lithium battery plant
China’s Contemporary Amperex Technology (CATL) plans to invest $5 billion in a lithium battery plant in Indonesia, Indonesia’s deputy minister at the coordinating ministry of maritime and investment … ( read original story …)
China January-October software revenues at over CNY6,554 billion, says MIIT
China’s software industry consisting of 40,187 companies generated revenues of CNY6,554.162 billion (US$940.69 billion) in January-October 2020, growing 11.7% on year, according to the Ministry of … ( read original story …)
Trucks in China Are Watching If Drivers Doze, Speed or Slack Off
Trucks in China connected to G7’s fleet-management network do more than just haul goods across the vast nation. ( read original story …)
China Market Update: Mainland Moves Higher, Internet Companies Move Lower After Regulatory Slap On Wrist
China Mobile, which fell -0.23%, China Construction Bank, which fell -0.86%, Pop Mart, which gained +7.97%, and Geely Auto, which gained +2.05% as strong auto sales lift the sector. Shanghai and … ( read original…
China Is Stepping Up Its Regulation Of Fintechs. Is This A Good Thing?
Fintech has spread throughout China extensively over the last few years. But for the most part, it’s also gone unregulated. Recent investments in this field have … ( read original story …)
The U.S.-China Tech War Won’t End Under Biden
The tech war between the U.S. and China will likely continue under the Biden administration, although modestly sweeter talk may mask some of the deep bitterness. ( read original story …)