Top news of the week: 21.07.2022.
“Internet companies can make money with microloans because domestic banks seem to
As Beijing’s tough stance on online credit persuaded Big Tech firms to scale back their services, smaller platforms have proliferated, luring young consumers into borrowing for a lifestyle ...
The China-born US citizens are accused of coming up with the scam as part of their plan to raise funds to build a ‘Chinese Disneyland’ theme park in the US
Sherry Li and Lianbo Wang are accused of coming up with the scam as part of their plan to raise funds to build a ‘Chinese Disneyland’ theme park in the US.
Japanese e-commerce enabler AnyMind raises funding in equity, debt for acquisitions
AnyMind offers services for brands and online business operators. It just raised funding to continue expansion in Southeast Asia, East Asia, India and the Middle East
Hong Kong police arrest TVB worker over dodgy alerts sent out on news app
The suspect, 19, was arrested in Sau Mau Ping last week and has been granted bail pending further investigation.
China's economy shrinks sharply in Q2, global risks darken outlook
China's economy contracted sharply in the second quarter, highlighting the colossal toll on activity from widespread COVID lockdowns and pointing to persistent pressure over coming months ...
ByteDance on chip expert recruitment drive
ByteDance reportedly began assessing the viability of building its own semiconductors for internal applications.
Italy watchdog warns TikTok over targeted ads, pointing to EU privacy rules
Douyin, China’s version of TikTok, is snapping up rights to films and television shows through a partnership with iQiyi, effectively ending a bitter war between long-form video and short ...
TechScape: suspicious of TikTok? You’re not alone
The Chinese app is known for its aggressive data collection – but it is a fool’s errand to prove that it is a threat to the west