China's Big Fund pledges to invest ~$1.9B more in memory chipmaker YMTC, suggesting Beijing is again boosting its beleaguered chip industry after US tech curbs
Bloomberg :
Experts paint a dire picture for China's semiconductor industry and AI development after the US announced new export controls on chips and chipmaking tech
Sources: the US government plans more curbs on US shipments to China of chipmaking tools and chips for AI, affecting Lam Research, Applied Materials, and others
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence …
Sources: China decided to rein in Tencent after two scandals, including a secret WeChat project to use data to predict new Politburo standing committee members
Imagine for a second life before smartphones. Simple tasks—ordering takeout, staying in touch—become frustratingly difficult, never mind dealing with emergencies. Tweets: @sandyhe...
How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023
Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition.
China is supporting thousands of “little giants”, startups taking on Silicon Valley in robotics, quantum computing, semiconductors, and other strategic sectors
Bloomberg : Tweets: @gaoyuan86 , @hancocktom , and @jorge_guajardo Tweets: @gaoyuan86 : China is nurturing 4,700-some “little giants” for indigenous technologies from #chip making...
A look at the impact of a COVID-19 outbreak at a STMicroelectronics chipmaking factory in Malaysia, as pressure to increase production overrode safety concerns
exempted from lockdown — kept running while Covid killed workers in Malaysia. A harrowing look at how certain decisions by governments and powerful corporations put workers' lives ...
Sources: China is expanding its anti-monopoly bureau, increasing its headcount from over 40 to 100, as its yearlong crackdown on monopolies continues
- SAMR plans to more than double antitrust staff to 100 people — Alibaba, Meituan were targeted during 1-year-old crackdown
China starts a two-month campaign to crack down on websites and social media accounts that post financial information that “maliciously bad-mouths” its economy
China kicked off a two-month campaign to crack down on commercial platforms and social media accounts …
Tencent, Alibaba, and Meituan say they will spend heavily on AI, cloud computing, and self-driving tech, as China cracks down in other areas like e-commerce
US-based Chinese activists say Zoom closed their paid account after event commemorating Tiananmen; Zoom says it was complying with local law, has reactivated it
The U.S. video-conferencing company Zoom closed the account of a group of prominent U.S.-based Chinese activists after they held …