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Former Kuaishou executive arrested for alleged corruption amid anti-bribery pressure on China’s Big Tech
Zhao Danyang, a former vice-president at Kuaishou responsible for its content business, was arrested along with two subordinates. The video-sharing company joins other tech giants, including Tencent, with employees that have been investigated for corruption.
Self-made South Korean billionaires promise to give half away
Two self-made South Korean billionaires have pledged in as many weeks to give away half their fortunes – a rarity in a country where business is dominated by family-controlled conglomerates and charity often begins and ends at home.
US-China tech war: Tech vlogger’s interview with Apple CEO Tim Cook goes viral amid thawing tensions
In an 18-minute video interview with 22-year-old student He Shijie, Tim Cook discusses his admiration of Chinese people, history and arts. Absent from the discussion was any mention of censorship or the US-China technology rivalry as the Apple CEO courts Chinese consumers for market growth.
Alibaba, Pinduoduo fight against China’s looming food crisis
The battle to supply 1.4 billion people with fresh fruit and vegetables is taking China’s e-commerce companies into the country’s hinterlands, where they are attempting to revolutionise centuries-old agricultural practices to secure future supply for their burgeoning online grocery businesses.
Bitcoin nears RM4.05tril value as crypto jump tops other assets
Bitcoin surge, coming close to a market value of US$1tril (RM4.05tril), outperformed traditional assets like stocks, gold, commodities and bonds in 2021.
Clubhouse emerges as platform for Thai dissidents, government issues warning
BANGKOK (Reuters) - Thailand warned users of Clubhouse on Wednesday not to break the law after the audio social media app emerged almost overnight as a platform for discussion of the monarchy, the latest example of the fast-growing app drawing the ire of governments in Asia.
Bitcoin tops $50,000 for the first time
LONDON (Reuters) - Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world's biggest cryptocurrency is gaining acceptance amongst mainstream investors.
Bitcoin within a whisker of $50,000
SINGAPORE (Reuters) - Bitcoin hit a new record high $60 shy of $50,000 on Tuesday, extending a sharp rally that has been mostly fuelled by big investors beginning to take digital assets seriously.
China’s cryptocurrency stocks left behind in Bitcoin frenzy
As cryptocurrency mania pushed blockchain stocks to record breaking highs, China's equivalents are being left behind.
Forget 5G, the US and China are already fighting for 6G dominance
The first to develop and patent 6G will be the biggest winners in what some call the next industrial revolution.