Articles

  • 1 week ago | scmp.com | Coco Feng |Xinmei Shen

    Online shopping platform Temu, owned by PDD Holdings, has suspended its advertising spending on major US channels such as Google and Meta Platforms, as new US tariffs pose challenges to its business model. Since April 12, the daily number of advertisements placed on Google by Temu’s main entity, WhaleCo, has plummeted to just 14, a sharp decline from between 30,000 and 60,000 from April 6 to 9, according to the Google Ads Transparency Centre.

  • 2 weeks ago | scmp.com | Xinmei Shen

    Peng Zhihui, founder of humanoid robot start-up AgiBot and a former “genius recruit” at Huawei Technologies, has become the latest young tech entrepreneur to attend a meeting with Chinese Premier Li Qiang, who called for the private sector to remain resilient amid external challenges. Born in 1993, Peng was among seven industry representatives who took part in the symposium in Beijing on Wednesday, according to the state news agency Xinhua.

  • 2 weeks ago | flipboard.com | Xinmei Shen

    6 hours agoTAIPEI, Taiwan (AP) — China is reaching out to other nations as the U.S. layers on more tariffs in what appears to be an attempt to form a united front to compel Washington to retreat. Days into the effort, it’s meeting only partial success with many countries unwilling to ally with the main target …

  • 2 weeks ago | scmp.com | Xinmei Shen

    A former Tesla engineer has left the company’s humanoid robot project, Optimus, to co-found a robotics start-up with operations in Palo Alto, California, and Shenzhen amid intensifying competition in the industry. Shuo Yang, who was a robotics and machine learning engineer at Tesla, announced in posts on X and LinkedIn on Wednesday that he had quit the electric vehicle company to start Mondo Tech with a former colleague from his days at DJI, China’s top drone maker.

  • 2 weeks ago | scmp.com | Xinmei Shen

    A US congressional commission has urged lawmakers to take action to counter China’s “frightening” ascent in biotechnology, flagging Chinese firms including Wuxi AppTec and BioMap, as the tech rivalry between the two major powers continues to escalate.

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Xinmei
Xinmei @shenxinmei
28 Apr 22

-76.7% according to CAICT https://t.co/7F62qktFGg

Xinmei
Xinmei @shenxinmei
22 Apr 22

But games are not the point, the point is getting more people into crypto. (warning. term “crypto bros” appeared at some point in this article https://t.co/NbNj1ctAXp

Xinmei
Xinmei @shenxinmei
5 Apr 22

RT @crypto: The hottest NFT marketplace is mostly users selling to themselves https://t.co/N2i87HLOTV