Tech Industry
Didi's app ordered to be removed from app stores
Bad luck is not over for Didi Chuxing, the Chinese ride-hailing giant that just went public in the US after it encountered China's cybersecurity review.
Didi hit by cybersecurity review, shares plunge 10% pre-market
Chinese ride-hailing giant Didi Chuxing has been hit by a cybersecurity review in China, causing its shares to plunge 10 percent in the pre-market Friday.
ByteDance said to stop requiring employees to work on Sundays
ByteDance is considering whether to eliminate the requirement to work every other Sunday and will likely announce a decision in the near future.
Behind Didi's US IPO: its Chinese peers total 7,447
There are 7,448 "ride-hailing" companies in China including Didi, according to data provider Qichacha.
Huawei enters top five in global public cloud market for first time, report shows
Huawei has achieved more than 200 percent growth in the infrastructure-as-a-service (IaaS) public cloud market for the second consecutive year and entered the top five for the first time in 2020 with $2.7 billion in revenue, according to research firm Gartner.
Chinese CPU developer Loongson Technology files for A-share listing
Chinese CPU designer Loongson Technology has applied for an A-share listing to fund its research and development.
China builds first metro train based on local standards
On June 28, the first metro train based on Chinese standards developed by CRRC rolled off the production line in Zhengzhou, Henan Province, marking a major innovative breakthrough in the country's metro vehicle technology.
World's second largest hydro plant starts generating power in Southwest China
It has a total installed capacity of 16 million kilowatts, second only to Three Gorges' 22.5 million kilowatts.
Chinese firm's 7nm GPU expected to tape out in Q3
The chip competes with Nvidia's next-generation 5nm GPU, which is still in the pipeline.
Baidu has reportedly turned its chip business into independent company
Baidu has recently turned its Kunlun chip business into a new, separate company and Ouyang Jian, the chief architect of the business, has become the company's CEO.