Nvidia Corporation (NASDAQ: NVDA), a graphics chip manufacturer and investor favorite, reported in a filing with the Securities and Exchange Commission on Wednesday that the Biden administration has p …
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Nvidia Ensnared in Geopolitical Spy Games With China Export Ban
Bed Bath & Beyond’s challenges mount, Snap cutting 20% of workers, CDC advisors consider latest Covid boosters, and other news to start your day.
China-focused Addentax stock tumbles after soaring nearly 9,000% in prior session
China-based Addentax Group (ATXG) saw its shares tumble over 60% on Thursday, the day after they soared nearly 9,000% following an uplisting to Nasdaq and a $25M initial public offering …
Some of Nvidia’s China Business ‘May Be Permanently Impaired,’ Says Analyst.
Bernstein says the U.S. government’s new export restrictions on Nvidia’s high-end AI products to China could have a lasting negative impact on its business.
Credit, Anyone? China’s Online Loan Platforms Get Stuck as Quality Borrowers Dwindle
FinVolution’s revenue growth slowed to about 12% in the second quarter from 16% and 32% in the previous two quarters, while its latest quarterly net profit fell about 6% 360 DigiTech and Lexin posted …
Director at China’s Securities Regulatory Commission deep-dives into Web 3.0 in new book, a year after China’s crypto ban
Nearly a year after China banned crypto trading and mining, the director of the Technology Supervision Bureau at Chinaøs Securities Regulatory Commission has published a book discussing Web 3.0 and …
China Economy Is Weakening
The Chinese economy is faltering. The risk of a real recession looms large, and the most optimistic scenario under current leadership would be slow growth, far slower than in recent decades. China is …
China demands US drop tech export curbs after Nvidia warning
The Chinese government on Thursday called on Washington to repeal its technology export curbs after chip designer Nvidia Corp. said a new product might be delayed and some work might be moved out of …
No Plan To Buy China’s Huobi, Says Crypto Exchange FTX’s Chief
FTX Chief Executive Sam Bankman-Fried said in a tweet on Monday that the crypto exchange has no plans to buy China-based Huobi, which also runs one of the world’s largest cryptocurrency exchanges.
Fake Google Translate Malware Infects 100K PCs With Monero (XMR) Crypto Mining Software
A Turkish-based cryptocurrency malware called ‘Nitrokod’ has infected over 100,000 personal computers across 11 countries. What Happened: A new report from cybersecurity firm Check Point Research …
Hi-Tech meets High End: How S’Young International is shaking up beauty’s retail model in China for International Brands
S’Young International China’s premier partner for international beauty brands entering the Chinese market, launches a truly interactive advanced retail ecosystem, by expanding their omni-channel …
A Chinese stock skyrocketed 13,000-pc in its debut on US markets creating another IPO mystery
After making outstanding debuts for AMTD Digital Inc. and Magic Empire Global Ltd., another Chinese business astounds investors with enormou..|News Track …
New China Lockdown Hits 21 Million People In Chengdu Amid ‘Zero Covid’ Push
Chengdu, home to factories for multinational giants like Intel and Foxconn, faces the lockdown on top of extreme heat and power shortages this summer, and following tight restrictions in other major …