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Ant Group's in-house database OceanBase said to be open source soon
This will be a key step in OceanBase's evolution from closed-source software sales to an open-source business model.
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Chinese beauty app Meitu has lost more than $2 million on its positions in cryptocurrencies
Chinese beauty app Meitu once had a large gain after following the lead of Tesla in investing in cryptocurrencies, but the company has lost more than $2 million on its investment as the price of such assets has fallen sharply recently.
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China's BeiDou industry expected to reach RMB 1 trillion by 2025
By 2020, the overall output value of China's satellite navigation industry has exceeded 400 billion yuan, with an average annual growth of more than 20 percent.
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US revokes all investment restrictions on Xiaomi
As of press time, Xiaomi shares traded in Hong Kong were up about 1 percent to HK$28. The stock has fallen more than 20 percent so far this year.
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China starts construction of test line for maglev trains with speeds of up to 1,000 km/h
The high-speed train can reach a speed of 300 meters per second, which is equivalent to the speed of a conventional bullet, just like "Let The Bullets Fly."
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Huawei to officially launch HarmonyOS for phones on June 2
With HarmonyOS on board Huawei phones, EMUI, the Android skin previously used by the company's devices, is expected to be gradually phased out.
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Huawei exec says HarmonyOS will soon be open source
Wang Chenglu, president of Huawei's consumer business software division, said HarmonyOS will soon be open source and the company will conduct HarmonyOS-related courses at 15 schools, including Wuhan University.
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Tencent posts Q1 results that beat expectations
Tencent posted revenue of RMB 135.3 billion ($21 billion) in the first quarter, up 25 percent from a year earlier, beating analysts' estimates of RMB 133.75 billion.
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Zuo Hui, founder of China's largest real estate platform KE Holdings, passes away
Zuo Hui, the founder and chairman of China's largest real estate platform KE Holdings (NYSE: BEKE), passed away on May 20, 2021 due to unexpected worsening of illness, the company announced Thursday.
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Zhang Yiming steps down as CEO of ByteDance
Zhang decides to let go of the day-to-day management of the company and focus on long-term priorities, including visionary strategy, corporate culture, and social responsibility.