Zhejiang, home to Alibaba and DeepSeek, publishes an AI plan that expects companies in the AI supply chain to make $138B+ in total operating revenues by 2027
Coco Feng / South China Morning Post :
DeepSeek's rise has turned the spotlight on its hometown, Hangzhou, the capital of the Zhejiang province, which has earmarked ~$13.7B to fund tech companies
Lauren Faith Lau / Bloomberg :
Ethereum testnet successfully processes the first-ever staked ETH withdrawals, ahead of the highly anticipated Shanghai upgrade to Ethereum, expected next month
The upgrade on the Zhejiang testnet was the first of three dress rehearsals for the much anticipated Shanghai hard fork.
A new generation of young workers at China's technology giants is demanding an end to forced rankings, harsh working conditions, and the “996” work culture
By the time he arrived at Alibaba, Tim had been working to get there for years. Raised in a small town in Zhejiang province … Tweets: @yuanfenyang , @gaberivera , @mollymckew , @jchengwsj , @financia...
China's Zhejiang province, home to companies like Alibaba and NetEase, has approved the country's first regional law focusing on public data and digital economy
Coco Feng / South China Morning Post :
China's Zhejiang province, home to companies like Alibaba and NetEase, has approved the country's first regional law focusing on public data and digital economy
The legislation was hailed by tech leaders as a milestone for the ‘governing the digital industry according to the law’ Zhejiang's …
Source: Chinese government has withdrawn its approval for Facebook's new subsidiary in the country
SHANGHAI — For Facebook, success in China was brief. Very brief. — For several hours, a Chinese government database showed that Facebook had gained approval to open a subsidiary in the eastern prov...