Insight - Asia Tech Wire

Insight

2022.05.10

11:01

Tesla sheds brake failure allegations backed by "a platform"

Asian Tech Press (May 10) -- Tesla has temporarily gotten away with allegations of brake failure in China after a consumer apologized and said he was backed by "a platform".

2022.05.06

10:59

Xiaomi shares continue to drop despite suspension of $725 million asset freeze in India

Asian Tech Press (May 6) -- Xiaomi shares continued to drop Friday even as news broke that India suspended the freezing of its $725 million in assets.

2022.04.27

11:46

Top 10 Asian game companies by revenue 2021

Asian Tech Press (Apr. 27) -- Revenue from the global gaming market reached $175.8 billion in 2021, with approximately 3 billion gamers. Of the total revenue, about $90 billion came from mobile games, followed by console games and PC games with about $49 billion and $36 billion respectively.

2022.04.26

11:10

JD.com founder's unfinished story in Minnesota: updates on alleged rape

Asian Tech Press (Apr. 26) -- JD.com's billionaire founder Richard Liu Qiangdong has been accused of raping a University of Minnesota (UMN) student, and an update on the case comes after a two-year hiatus.

2022.04.14

08:44

China's top anti-graft watchdog joins probe into SOEs' links with Ant Group

Asian Tech Press (Apr. 14) -- China's top anti-graft watchdog joined a recent probe into links between Jack Ma's Ant Group and the country's state-owned enterprises (SOEs).

2022.03.30

11:21

Kuaishou lost $2.7 billion amid new regulation on live streaming in China

Asian Tech Press (Mar. 30) -- Chinese short video and live streaming app Kuaishou experienced shocks on Wednesday, with a loss of about $2.7 billion in market cap on the day due to the latest regulatory policies in China's live-streaming industry.

2022.03.25

10:51

Shanghai to hold first global metaverse event as China rushing to new opportunity

Asian Tech Press (Mar. 25) -- Shanghai plans to hold the first global metaverse conference on April 20, as local governments across China are seeking opportunities in digital economy.

2022.03.24

09:52

Kuaishou loses to TikTok in overseas markets

Asian Tech Press (Mar. 24) -- Chinese short video platform Kuaishou Technology seems to lose to ByteDance's TikTok in overseas markets.

2022.03.23

10:14

Shanghai auto show protester says no complete driving data from Tesla

Asian Tech Press (Mar. 23) -- A Shanghai auto show protester said in a recent interview that she still hasn't gotten complete driving data from Tesla Inc. after a year.

2022.03.22

11:11

China Eastern Airlines crash: what Chinese and U.S. experts say

Asian Tech Press (Mar. 22) -- A China Eastern Airlines Boeing 737-800, carrying 132 people, crashed in the mountains in southern China's Guangxi province on Monday.

2022.03.21

10:50

Media outlets sued for refusal to remove article linking Xiaomi's Lei Jun and Lenovo founder

Asian Tech Press (Mar. 21) -- Two Chinese media outlets are being sued by Xiaomi founder Lei Jun for refusing to take down articles linking him to Lenovo founder Liu Chuanzhi.

2022.03.18

10:20

NFT tapping into secondary market in China

Asian Tech Press (Mar. 18) -- It seems that the non-fungible token (NFT) is trying to get in the secondary market in China.

2022.03.16

10:10

Alibaba's self-driving technology suffers "flop" in China

Asian Tech Press (Mar. 16) -- Self-driving car technology has been getting a lot of attention worldwide, and recently a news story brought Alibaba's autonomous driving technology into the public eye, sparking widespread discussion in China.

2022.03.15

13:00

Reuters: Tencent's woes make case for breakup

Asian Tech Press (Mar. 15) -- A breakup may become a radical but simple way for Tencent (0700.HK) to better manage regulatory risk amid growing industry pressure in China, Reuters opined.

2022.03.14

10:55

Tencent remains in "winter" amid regulatory crackdown

Asian Tech Press (Mar. 14) -- The cold winter for Chinese Internet companies has not been slightly tempered by the arrival of spring.

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