KrAsia Connection

Jan 16, 2025 | kr-asia.com | KrAsia Connection

Shengshu Technology has rolled out Vidu 2.0, the latest version of its video generation platform, designed to make content creation faster, easier, and more affordable. The update enables users to generate video clips in as little as ten seconds while cutting costs by more than half compared to industry averages. Central to Vidu 2.0 is Shengshu’s universal vision transformer (U-ViT) model, combined with its proprietary full-stack interference accelerator.

Jan 14, 2025 | kr-asia.com | KrAsia Connection

On January 14, Xiaohongshu, a Chinese lifestyle app, reached the top of download charts in Apple’s iOS App Store. This might be the first time an app named entirely in Chinese characters has achieved such a ranking in the US. The app’s unexpected rise has captured attention on both sides of the Pacific. Chinese users logging into Xiaohongshu were greeted with an influx of English-language posts tagged with US-based IP addresses, sparking a mix of amusement and confusion.

Jan 13, 2025 | kr-asia.com | KrAsia Connection

The Chinese government is considering selling TikTok’s US operations to Elon Musk, Bloomberg first reported on January 13. This contingency plan is one of several options being debated as ByteDance, TikTok’s parent company, faces a looming January 19 deadline to divest its US business or face an outright ban. The report highlights that the plan is still in its early stages, with Chinese officials yet to reach a decision.

Jan 13, 2025 | kr-asia.com | KrAsia Connection

Hidden beneath China’s bright outlook as the world’s second largest economy is a shadowy culture of counterfeiting and imitation. While often dismissed as an unwelcome legacy, counterfeiting has undeniably contributed to China’s economic rise, with counterfeit goods continuing to account for a significant portion of its output.

Jan 13, 2025 | kr-asia.com | KrAsia Connection

The Supreme Court’s January 10 hearing brought TikTok’s fate in the US into sharp relief. With a January 19 deadline approaching, ByteDance, TikTok’s China-based parent company, must divest its US operations or face a ban. The justices’ questions hinted at an inclination to affirm the ban. This ongoing saga stems from a bipartisan legislative act passed in April 2024, aimed at severing ties between TikTok and its Chinese ownership to mitigate potential risks.