Baidu, often described as the Chinese equivalent of Google, is to launch an artificial intelligence chatbot service similar to ChatGPT in March, according to a report by Reuters. A source told the…


THE BUSINESS OF TECHNOLOGY
Baidu, often described as the Chinese equivalent of Google, is to launch an artificial intelligence chatbot service similar to ChatGPT in March, according to a report by Reuters. A source told the…
Jack Ma, the billionaire founder of Ant Group, is to cede control of the Chinese fintech company following a regulatory crackdown. Ant Group, which runs Alipay, the main online payment system in…
Chinese companies have handed U.S. regulators access to audit papers for the first time, easing fears that tech giants like Alibaba and JD.com will be kicked off the country’s stock exchanges. The…
Tesla has cut prices of its cars in China, as the electric car manufacturer faces increased competition and slowing demand. This week Tesla’s Chinese website offered a Model 3 sedan at a…
Apple has paused plans to use memory chips manufactured by Yangtze Memory Technologies Co (YTMC), the largest memory chip maker in China, after US trade sanctions targeted the company, according to reports. …
The South Korean search giant Naver has agreed to acquire fashion marketplace Poshmark for $1.2 billion in cash. The deal values the company’s shares at $17.90, a 15% premium on yesterday’s closing…
Interpol has issued a “red notice” for Do Kwon, the founder of the failed cryptocurrency Terra. The red notice means Interpol has asked law enforcement agencies around the world to find and…
Israeli venture capital fund YL Ventures has sold its stake in compatriot cybersecurity firm Axonius – just days after the latter was valued at over a billion dollars. The stake, worth around…
Startups backed by influential Israel-based equity crowdfunding group OurCrowd are looking to hire in greater numbers, despite the lingering COVID-19 pandemic. The number of jobs listed by OurCrowd’s global portfolio companies more…
Meesho, India’s largest reselling website, has negotiated a $250 million funding round led by SoftBank’s Vision Fund, the Economic Times has reported. The round, if completed, will value Meesho at between $1.5bn…