Sources: DeepSeek is developing its new AI model using several thousand Nvidia Blackwell chips, which were smuggled into China via third-party countries
DeepSeek, the Chinese AI startup, has been developing its next major model using several thousand Nvidia's state-of-the-art Blackwell chips …
Sources: Oracle is a leading contender to help run TikTok US; ByteDance management prefers Oracle but wants to retain a hands-on role with TikTok's operations
Oracle has emerged as a leading contender to help run TikTok as part of a deal President Donald Trump is orchestrating to satisfy …
Sources: RedNote staff is scrambling to hide US users' posts from Chinese users after China raised concerns about politically sensitive English-language posts
But Will It Last? Makena Kelly / Wired : TikTok Hadn't Even Been Banned Before the Backlash Started Yaling Jiang / Time : The Lure of Chinese App Red Note Taylor Lorenz / User Mag ...
Source: over 700K new users joined Xiaohongshu, or RedNote, in just two days; Sensor Tower: the app's US downloads were up more than 200% YoY this week
New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media app TikTok …
Sources: TikTok plans to switch off its app in the US on January 19 unless SCOTUS blocks the ban; the law only requires app stores to stop TikTok app downloads
TikTok plans to shut off its app for U.S. users on Sunday, the day a federal law will ban the app, unless the Supreme Court intervenes …
Sources: some ByteDance executives expressed concerns over running the video editing app CapCut from China given the political scrutiny facing TikTok in the US
Juro Osawa / The Information :
Sources: Jack Ma remains active in deciding Alibaba's strategy and engineered the company's split from overseas, telling executives it would make Alibaba nimble
Wall Street Journal : Tweets: @newley and @jingyanghk Tweets: Newley Purnell / @newley : Jack Ma's return in recent days followed repeated outreaches over recent months from Beiji...
Sources: Tencent is facing a record fine after Chinese regulators found WeChat Pay flouted anti-money-laundering rules and had other regulatory lapses
China's central bank found regulatory breaches and lapses during a recent inspection of the ubiquitous payments network
Sources detail how Jack Ma's relationship with China's leadership soured, as he failed to keep up with Beijing's shifting views and tuned out warnings for years
Sources detail how Jack Ma's relationship with China's leadership soured, as he failed to keep up with Beijing's shifting views and tuned out warnings for years
The billionaire entrepreneur matched the heights of America's tech legends but failed to heed warnings that Chinese leader Xi Jinping still called the shots Tweets: @dilipthecheria...
Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO
Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog
Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO
Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog
Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO
Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog
Sources: Ant Group is in talks with Chinese state-owned companies to create a credit scoring company that will put Ant's vast data under Chinese control
By July, Chinese banks and trust companies had ~$230B in outstanding loans to users who borrowed via Alipay, a factor in new regulatory scrutiny of Ant Group
Wall Street Journal : Tweets: @melt_dem , @melt_dem , @melt_dem , @robertalanward , @jingyanghk , and @jchengwsj Tweets: Meltem Demirors / @melt_dem : 1/ the scale of FinTech in C...