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College dropout becomes billionaire with Chinese gaming platform
When China’s two big mobile powers clashed publicly on New Year’s Eve, the stock of a little-known gaming company surged the most ever, minting a new billionaire in 38-year-old maverick entrepreneur Huang Yimeng.
Makers of Sophia the robot plan mass rollout amid pandemic
HONG KONG (Reuters) - "Social robots like me can take care of the sick or elderly," Sophia says as she conducts a tour of her lab in Hong Kong. "I can help communicate, give therapy and provide social stimulation, even in difficult situations."
Mass rollout of Sophia the robot planned amid pandemic
Since being unveiled in 2016, Sophia – a humanoid robot – has gone viral. Now the company behind her has a new vision: to mass-produce robots by the end of the year.
Hong Kong anti-racism watchdog decries delivery apps customers requests for non-South Asian drivers
Deliveroo confirms deactivation of customer’s account over ‘wholly unacceptable’ delivery notes, while Foodpanda investigates similar incident. Equal Opportunities Commission says such requests for South Asian drivers not to deliver their food are within the law, but challenges the conduct.
Bitcoin steady near US$32,000 after slump that rattled crypto boom
Bitcoin steadied after earlier slumping below US$30,000 (RM121,275) on Friday in a retreat that stoked fresh questions about the sustainability of the cryptocurrency boom.
Jack Ma’s video chat prompts a US$58bil sigh of relief
For investors who’d been waiting months to catch a glimpse of Jack Ma, the entrepreneur’s participation in a livestreamed video conference on Wednesday was enough to trigger a US$58bil (RM233.76bil) sigh of relief. That’s how much Alibaba Group Holding Ltd’s market value soared after a clip of Ma speaking to a group of teachers began circulating online – his first public comments since disappearing from view late last year.
China plans online payment rules that may hit Ant, Tencent
China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co and Tencent Holdings Ltd.
Pinduoduo worker deaths reignite debate on 996 and the dark side of China tech’s overwork culture
Pinduoduo confirmed the deaths of two young workers recently, sparking debate over a culture of overworking in China’s tech companies. A ‘996’ work schedule of 12 hours a day, six days a week has become an unwritten standard for many of the country’s tech firms.
Tencent seeks video breakthrough after US$240bil lite app hit
WeChat creator Allen Zhang is counting on a breakthrough in video to thwart TikTok owner ByteDance Ltd, building on the success of his last big overhaul of the all-in-one messaging app.
Alibaba's Jack Ma makes first public appearance in three months
SHANGHAI (Reuters) - Alibaba Group founder Jack Ma made his first public appearance since October on Wednesday when he spoke to a group of teachers by video, easing concern about his unusual absence from the limelight and sending shares in the e-commerce giant surging.
