Stimulating interview with Huang Yasheng, one of my favourite China minds and expert on the fin relationship. He argues that Wall Street, far from helping China reform its financial system, is propping up and polishing the state-led model. Worth a read:
Rumor has it Xiami虾米 is shuttering. I began using it in 2008 and had to give up in 2017 when it lost a ton of music rights despite having been acquired by Alibaba. I still think it's the best music app ever made in China, from UI, community to discovery
It's official. Alibaba says Xiami's music streaming app is closing today.
Now, Livox itself is a mystic company supposedly ‘incubated’ by DJI as an ‘independent’ company. But a source told me it’s just a team within DJI billed as a separate entity. The distancing possibly stems from fears of US scrutiny. DJI was recently added to the entity list.
This is not a surprise given ByteDance has been trying to diversify. Baidu, Tencent and Huawei have all dabbled in AI assisted drug discovery and other health-related fields.
Asia’s casino capital Macau to host a CES alternative in 2021
“I think Hong Kong and Macau are the only ones that could host a very international and neutral event that people would like to join and won’t feel like that’s a very government event.”
Breaking: Citizen Lab says dozens of Al Jazeera journalists
had their iPhones silently hacked by a "zero-click" exploit to deliver Pegasus, a spyware built by NSO Group. Another London-based reporter had her phone hacked with a rare zero-click, zero-day.
Alibaba 'dismayed' by its cloud unit's ethnicity detection algorithm by @ritacyliao
Founders and PRs in China tend to brush off sensitive topics by saying 'as a tech company we aren't interested in politics' and so forth. But as they seek international expansion they can't dodge scrutiny anymore.
China fines Alibaba, Tencent's e-book subsidiary over anti-trust violations by @ritacyliao
The 500,000 yuan ($76,000) fine is paltry for these muti billion dollar deals; it's more of a warning to internet firms who have been expanding and striking deals under the nose of Beijing
End of content
No more pages to load