At least 10 cryptocurrency exchanges are under Enforcement Directorate (ED) scanner for allegedly laundering Rs 1,000 crore for firms being investigated in the instant loan app case.
Tagged By technology
Crypto Is Failing Where Digital Yuan May Succeed
With Tornado down 95% from its all-time high and its source code removed from Microsoft Corp.’s GitHub, it’s the latest blow to the “no sanctions yay” theory of crypto — the three words used by…
New Technology Brings New Opportunities: U.S.-China Business Forum
We see new forms of U.S.-China collaboration taking shape.” In the U.S., for instance, China-based SEMCORP earlier this year announced plans to invest more than $900 million in plant in Ohio that will …
CHINA UNICOM: Continued Substantial Reduction in 5G Package Prices Impossible
CHINA UNICOM (00762.HK)’s chairman Liu Liehong expressed that, given the rigid growth in 5G network-building costs and operating expenses, tariffs cannot be slashed constantly in contrary to regular …
CHINA UNICOM: Continued Substantial Reduction in 5G Package Prices Impossible
CHINA UNICOM (00762.HK)’s chairman Liu Liehong expressed that, given the rigid growth in 5G network-building costs and operating expenses, tariffs cannot be slashed constantly in contrary to regular …
Industry leaders call for enhanced 6G research amid rising global competition
VCG. Chinese telecommunications industry leaders have called for increased research on 6G with independent capabilities and industri …
Alibaba, China Mobile, Oppo, other tech firms back new US$1 billion joint venture with US video game engine provider Unity
Joint venture Unity China will initially build customised local versions of the US software firm’s core products for domestic video game developers Unity’s cross-platform game engine was used to …
China Mobile Commissions Over 1M 5G Base Stations So Far
Chairman Yang Jie highlighted the group’s momentous 5G growth achievements, according to Chinese media. The telecoms operator has built the world’s biggest 5G network and deepened the co-building and …
Int’l Gaming Giant Unity Teams With Alibaba, China Mobile, Others to Set Up USD1 Billion China JV
Global video game software developer Unity said it will join hands with Alibaba Group Holdings, China Mobile, miHoYo, TikTok and others to set up a Chinese joint venture, valued at USD1 billion. Unity …
U.S. game software developer Unity to set up China JV for expansion
Unity Software Inc, the U.S. developer whose software is used in video games like Tencent Holdings’ “Honor of Kings”, said on Tuesday it had struck a deal to create a joint venture with multiple …
Eying China, US invests $280bn in high tech
US President Joe Biden has signed a law committing $280bn (£232bn) to high tech manufacturing and scientific research amid fears the country is losing its technological edge to China.The investments …
China watchdog investigates three more execs linked to chip-focused Big Fund
China’s corruption watchdog said on Tuesday regulators were investigating three former and current executives linked to a firm that manages the country’s largest state-backed chip investment fund, …
Biden to sign bill to boost U.S. chips, compete with China
President Joe Biden on Tuesday will sign a bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive …