Top news of the week: 10.11.2022.
Tencent accelerates monetisation of its WeChat super app with search engine advertising
Tencent is accelerating the monetisation of its WeChat super app with the launch of search results advertising, as the social media and gaming giant looks for new growth opportunities.
Morningstar Pays $31 Million to Scale Back China Business
Morningstar Pays $31 Million to Scale Back China Business -Several hundred people in the southern China technology hub have their posts relocated to Mumbai, Madrid, Toronto and Chicago, ...
Movio wants to make your marketing videos with generative AI
Generative AI is suddenly everywhere. Over the past year, you’ve probably seen people showcasing impressive AI-generated artworks, thanks to progress in text-to-image algorithms introduced ...
‘China-chic’ trend builds on young people’s patriotism, cultural confidence
Young Chinese are less keen on Western fashion brands, but local ones still lack international prestige and influence.
Gap Sells Money-Losing China Business to Baozun for $50 million
Gap Sells Money-Losing China Business to Baozun for $50 million - Chinese e-commerce services provider, a Gap partner since 2018, will get rights to design, make and sell Gap products in ...
Exclusive: Nvidia offers new advanced chip for China that meets U.S. export controls
U.S. chip maker Nvidia Corp is offering a new advanced chip in China that meets recent export control rules aimed at keeping cutting-edge technology out of China's hands, the company ...
Nvidia touts a slower chip for China to avoid US ban
Two months after the U.S. choke off China’s access to two of Nvidia’s high-end microchips, the American semiconductor design giant unveiled a substitute with a reduced processing speed for ...
Hong Kong stocks slide on China deflation risks while Apple supplier GoerTek sinks on production setback
Stocks slide for a second day after factory-gate prices in mainland China fell last month for the first time since December 2020, stoking deflationary concerns.