Tag: china
Intel has invested $132M in 11 startups this year, on track for $300M-$500M in total
When it comes to corporate venture capital, semiconductor giant Intel has shaped up to be one of the most prolific and prescient investors in the tech world, with investments in 1,582 companies worldwide, and a tally of some 692 portfolio companies going public or otherwise exiting in the wake of Intel’s backing.…
Read More
Tim Hortons eyes China coffee drinkers with Tencent investment
Canadian coffee-and-doughnut chain Tim Hortons has secured a heavyweight partner to further its China expansion. The company announced on its social media account (in Chinese) on Tuesday that it has landed funding from Tencent, the Chinese social networking and gaming giant, without disclosing the size of the proceeds. Tim Hortons…
Read More
Tencent Music bets on China’s crowded podcasting space
Listeners of podcasts, audiobooks and other audio shows are estimated to number 542 million in China this year, according to a third-party survey by marketing firm iiMedia. It’s a healthy jump from the 489 million users recorded in 2019, and it no doubt has attracted new players to the game.…
Read More
China’s next-generation crew spacecraft sticks its test mission landing
After it launched on Tuesday and nailed a series of maneuvers, China’s future crewed spacecraft has made a successful desert touchdown. Built by China’s main space contractor, the China Aerospace Science and Technology Corp. (CASC), the uncrewed prot… Source
Read More
A Chinese city to pump life into local business with WeChat live streaming
China is showing renewed interest in live streaming. As the coronavirus swept through the country and shut down premises in droves, businesses are turning online to drive sales. Many have adopted live streaming, a model that predates the short videos that dominate many of our mobile screens now. Ecommerce titans…
Read More
A Chinese hacking group is reportedly targeting governments across Asia
A Chinese hacking group has been conducting “ongoing” espionage operations on foreign governments across Asia, according to security firm Check Point. Called Naikon, it has reportedly attacked governments in Australia, Indonesia, Philippines, Vietnam… Source
Read More