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China now has the title of the center for technological innovation, having a total of 369 unicorns, which are privately held startups valued at over $1 billion. According to a […]
A former Google engineer, Linwei Ding, who was indicted by the US Department of Justice, faces allegations of stealing confidential AI technology while working for tech firms in China. The […]
Indonesian tech giant GoTo and its Chinese-owned partner TikTok are on track to fully comply with Indonesia’s regulations banning in-app transactions on social media platforms. According to GoTo’s CEO, compliance […]
Orienspace, a Beijing-based startup, successfully launched the most powerful rocket developed by the Chinese private sector. The Gravity-1 rocket took off from a marine platform in the Yellow Sea. Traditionally, […]
Chinese venture capital firm GBA Capital has unveiled plans to allocate $10 billion for a Web3 fund with a focus on supporting startups in virtual reality, the metaverse, and non-fungible […]
The global healthcare venture platform VentureBlick has secured US$2.6 million in funding for its first two startups. The venture’s goal is to validate, support, and invest in early-stage healthcare startups. […]
Beijing-based technology company Ellipspace has successfully concluded a new financing round, securing 100 million yuan. The funding round was led by Yulin Fund, with participation from Changsheng Fund. Founded in […]
Zhang Yiming, the co-founder of ByteDance, the parent company of the popular social media platform TikTok, has established a new private investment fund in Hong Kong. The fund, known as […]
Alibaba Cloud, the digital technology and intelligence backbone of e-commerce giant Alibaba Group, is investing $1 billion to develop one million digital talent, support 100,000 developers, and back 100,000 technology […]