Phate Zhang

  • Power bank sharing firm with 34% market share in China files for US IPO

    Energy Monster, a Chinese power bank sharing company, filed a registration statement with the SEC, planning to list on the Nasdaq under the ticker symbol "EM".

  • Bitcoin pulls back about $5,000 from intra-day high

    A survey conducted by Mizuho showed that about 10 percent of the US stimulus check could be used to buy bitcoin and stocks, equating to a total of about $40 billion.

  • Ming-Chi Kuo cuts 2021 AirPods shipment forecast by 30%-35%

    Tianfeng International analyst Ming-Chi Kuo on Monday lowered his forecast for AirPods shipments this year by 30-35 percent to 75 million units-80 million units, meaning he expects Apple's shipments of the product to fall by 10-15 percent year-on-year this year.

  • Honor may release Snapdragon 888-powered phone in July, its first flagship phone since spinning off from Huawei

    Chinese phone maker Honor may release phones powered by Qualcomm's latest flagship chip, the Snapdragon 888, in July, in what would be its first flagship phone since spinning off from Huawei.

  • Chinese brain-computer interface platform NeuraMatrix raises multi-million dollars in Pre-A round of funding

    NeuraMatrix, incubated by Tsinghua University, was founded in November 2019. It has a team of about 50 people, mainly R&D and product engineers.

  • Baidu's AI chip unit Kunlun reportedly closes new round of financing at $2 billion valuation

    Baidu's AI chip unit Kunlun has completed a new round of financing at a valuation of $2 billion, Reuters said Monday, citing sources.

  • Bitcoin touches $60,000 for first time in history

    Bitcoin touched $60,000 for the first time in history, rising about 6 percent in 24 hours. Bitcoin's price is now up about 1,400% from last March's low of about $4,000.

  • Xiaomi wins court ruling blocking ban on US investments in it

    The judge argued that Xiaomi would likely reverse the ban altogether as the lawsuit unfolded, and issued a preliminary injunction to prevent Xiaomi from suffering "irreparable harm.

  • Huawei continues to lead China's wearables market with 22.3% share in Q4

    Chinese tech giant Huawei continued to lead the Chinese wearables market with a 22.3 percent share in the fourth quarter, leaving behind Xiaomi and Apple.

  • WeChat for Mac update allows users to see their friends' status updates

    WeChat has updated its latest version of WeChat for Mac on Friday, allowing users to see what their friends are posting from their mac computers.