Tech Industry
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For first time, China surpasses US in having most Fortune 500 companies
The number of Chinese (including Hong Kong) companies on this year's Fortune 500 reached 124, surpassing the US's 121 for the first time in history.
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Foxconn begins hiring spree as iPhone 12 enters mass production season
In response to the upcoming release of Apple's new iPhones, Foxconn's Zhengzhou main production area is heavily looking for candidates, Tencent Tech said, citing industry chain sources.
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Is Bitcoin competitive with the PBOC's digital currency
It can seem at times as if China is essentially seeking to leapfrog bitcoin. At various times in the last several years the government has imposed restrictions on the leading digit…
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Analysts say no need to panic over Tencent shares over US WeChat ban
On August 7, the US, citing the possibility of WeChat capturing personal and proprietary information of users in the US, asked that anyone be banned from conducting any WeChat-related transactions with Tencent and its companies for 45 days from the date of the order.
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DouYu announces receipt of proposal from Tencent for combination with Huya
Chinese game-streaming platform DouYu today announced that its Board of Directors has received a preliminary non-binding proposal letter from Tencent for combination with Huya.
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Chinese company Han's Laser says it has received orders for its in-process lithography machine
Han's Laser Technology, a Chinese-based company principally engaged in manufacturing of laser and automatic auxiliary equipment, said in response to investor questions today that the lithography machine it is developing has received a small number of orders.
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Luckin Coffee reportedly achieves overall breakeven in July
Luckin Coffee, mired in financial fraud, is showing more and more signs of moving towards profitability.
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Ming-Chi Kuo: US WeChat ban could cause iPhone shipments to fall by up to 30%
The US government's blocking of WeChat, which has the biggest impact on iPhones among Apple hardware products, may force Apple to remove WeChat from the App Store, Tianfeng International analyst Ming-Chi Kuo said in a report released late Sunday.
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Samsung overtakes Xiaomi to reclaim top spot in Indian mobile phone market in Q2
After being overtaken by Xiaomi for the second consecutive quarter, Samsung regained the top spot in the Indian mobile phone market in the second quarter, according to the latest data from market research firm IDC.
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Huawei reportedly hiring internally for Nanniwan project, HarmonyOS
Huawei has reportedly launched the Nanniwan project, meant to circumvent products containing US technology. Now, latest reports said that Huawei is hiring for the project as well as HarmonyOS.