Investors in Chinese EV companies are certainly betting on a bright future, even as Covid-19 depresses sales within China by a third. Shares in top manufacturer Nio (NIO) have soared 250% year-to-date … ( read…
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Microsoft expands TikTok takeover ambitions to entire global business
Even adding the entire business to any deal does not resolve the enormous challenge of untangling TikTok’s technology from ByteDance. ByteDance had previously been working on separating the data and … ( read original story…
Blockchain Bites: Bulls Reborn, Backrunning Bots, Bitmain Blowout
Ethereum Classic was hit with another 51% attack, Instagram is seeing a proliferation of crypto scams and Bitmain’s latest shipments is delayed. ( read original story …)
China launches 2 satellites from Gobi Desert
China is continuing its rapid rate of space launches with its 22nd mission of 2020. China launched a new Earth observation satellite on Thursday (Aug. 6), with a small companion satellite from … ( read…
Blockchain can help ‘antique’ iron ore industry
Blockchain can help ‘antique’ iron ore industry. Aug 06, 2020 | 01:00 PM | Singapore | Paul Lim . Tags blockchain, iron ore, DBS Bank, letters of credit, LC, Sriram Muthukrish … ( read original…
Microsoft’s Roots in China Have Positioned It to Buy TikTok
Alumni of the software giant’s Beijing research lab are now executives at Alibaba, Tencent, SenseTime—and TikTok parent ByteDance. ( read original story …)
US to Purge ‘Untrusted’ Apps in New Measures Against China
The U.S. government is stepping up efforts against Chinese technology companies as it prepares to purge App Stores of “untrusted” … ( read original story …)
Putin Outlines New Russian Crypto Rules And Banks Prepare For New Exchanges
Russia has revamped the rules of the cryptocurrency game within its borders. In short: cryptocurrencies like Bitcoin, Ether, and others can be traded, but no goods and services in Russia are allowed … ( read…
Ucommune Group Holdings withdraws $100 million US IPO in favor of SPAC merger
Ucommune Group Holdings, a leading provider of shared work space in China, officially withdrew its plans for an initial public offering on Thursday. It originally filed in December 2019 with a … ( read original…
Bitcoin Association to partner with CSDN on Bitcoin SV DevCon: China
Bitcoin Association, the global industry organization that works to advance business with Bitcoin SV, today announces the … ( read original story …)
Siemens CEO: China business performing better than pre-crisis
Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the German engineering company’s third-quarter earnings. ( read original story …)
INTERVIEW: Blockchain can help ‘antique’ iron ore industry thrive amid global steel slump, DBS Bank says
Blockchain technology can help the global iron ore industry thrive amid the headwinds encountered by steelmaking countries around the world, according to Singapore’s DBS Bank. “Much of the iron ore … ( read original story…
Washington steps up anti-China campaign with ‘Clean Network’ project
Secretary of State Mike Pompeo has launched the ‘Clean Network’ initiative which aims to effectively sever all connections between China and the US in the telecoms and tech world. ( read original story …)
