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New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the...
South China Morning Post via Yahoo Finance· 4 days agoIn the 18 months since Microsoft-backed OpenAI launched ChatGPT, Chinese tech firms large and small...
Tencent sharpens focus on ‘evergreen’ video games in mainland China
South China Morning Post· 7 days agoIn 2023, mainland video game sales increased 14 per cent year on year to 303 billion yuan, according...
Spotify Profit Push Emboldens Bulls and Spurs Record Win Streak
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- It’s been less than a year since Spotify Technology SA raised prices on its US...
Saudi Fund Joins $400 Million Financing for China AI Firm Zhipu
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Saudi Arabia’s Prosperity7 Ventures, LLC joined the latest financing round for...
Beijing asks Tencent to lower WeChat's mobile payment market share
Nikkei Asian Review· 5 days agoUbiquitous app is in the crosshairs as regulators take aim at tech 'monopolies'
Nobel laureate Paul Romer sees diminishing returns for AI, as FDI still 'killer app' for emerging...
South China Morning Post via Yahoo Finance· 5 days agoThe artificial intelligence (AI) industry is "going through a kind of a bubble right now" and could...
Hong Kong stocks extend losses on rising US Treasury yields, China property woes
South China Morning Post· 6 days agoHong Kong stocks are seeking fresh catalysts after entering bull market territory following a 20 per...
Cheetah Mobile Inc. (NYSE:CMCM) stock most popular amongst public companies who own 61%, while...
Simply Wall St. via Yahoo Finance· 2 days agoKingsoft Corporation Limited is currently the company's largest shareholder with 45% of shares...
Tether co-founder Brock Pierce teases possible return to Hong Kong, says China will open to...
South China Morning Post via Yahoo Finance· 3 days agoCryptocurrency investor Brock Pierce, who co-founded the stablecoin Tether in Hong Kong a decade ago, has teased that he is looking at returning to work in the city for a third time as the government ...
Economist Paul Romer sees AI as hype, FDI real path to growth
South China Morning Post· 5 days agoFor Romer, though, waiting for AI to push worker productivity growth to new heights is a fool’s...