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The Latest Breaking News on China tech

UK lawmakers slam Shein for refusing to answer questions on its cotton supply

A lawyer for Shein summoned to a British parliamentary hearing has evaded questions on whether the fast-fashion giant sells products containing cotton from China

The Independent UK

US DoD adds CXMT, CATL, Tencent to list of companies suspected of aiding the Chinese military

The U.S. Defense Department adds CXMT, CATL, and Tencent to the Section 1260H.

Tom’s Hardware

China E-Commerce Giant Alibaba Sells Stake In Retail Firm Sun Art To Focus On Core Business

Alibaba stock was lower Thursday after it announced a $1.7 billion deal to sell Sun Art, a hypermarket operator in China.

Investors Business Daily

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ByteDance plans to sidestep U.S. sanctions by renting Nvidia GPUs in the cloud — report says it has set aside $7 billion budget

ByteDance to become one of the major renters of Nvidia's GPUs for AI in 2025 as it intends to spend some $7 billion on this, according to a report.

Tom’s Hardware

Boxing Day footfall in London drops 11% as shoppers avoid high streets

Boxing Day footfall in London has dropped as shoppers opt for online deals over traditional high street visits

Evening Standard

Alibaba Plans E-Commerce Joint Venture With South Korea's E-Mart

Chinese e-commerce giant Alibaba will form a joint-venture online shopping operation with South Korean retailer E-Mart.

Investors Business Daily

Five Great Reads: why humans queue, Matt Goss, and the lionisation of a murder suspect

Guardian Australia’s weekend wrap of essential reads from the past seven days, selected by Claire Keenan

The Guardian - AU

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U.S. gov't removes China's chip toolmaker AMEC from the list of 'military companies'

The U.S. government no longer considers AMEC an ally of China's military, but this will not have any impact on its daily operations.

Tom’s Hardware

Chinese GPU designers received key technologies from British company Imagination Technology: Report

Chinese owners could use technologies developed by Imagination Technologies for China's military, according to UK-China Transparency.

Tom’s Hardware

Two directors of Epic Games, Tencent resign amid antitrust investigation

The US Department of Justice says it expressed concerns directors’ positions on two company boards violated Clayton Act.

Al Jazeera

TikTok's Rise From Fun App To US Security Concern

As the US Supreme Court considers whether to uphold a law that could get TikTok banned in the United States, here is a look at the rise of the video-snippet social app.

International Business Times

Nvidia denies cutting GPU supplies to China — chipmaker fires back at 'recent false rumors' aired on social media

Nvidia has issued a statement denying that it has cut off supplies of graphics cards to the Chinese market.

Tom’s Hardware

Xiaomi's new mini washer dryer has 20 different programmes –and it's only 18 inches tall

It's the ideal appliance for smaller living spaces

Chinese businessman shows off sanctions-busting NVIDIA AI GPUs he bought despite US ban — 200 H200 GPUs skid past US sanctions

Chinese businessman smuggles over a dozen of H200 machines with eight GPUs inside each one.

Tom’s Hardware

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Kiplinger

eBay Stock Downgraded to Sell: Should Investors Be Worried?

Jefferies lowered its rating on eBay stock due to decelerating advertising growth and increased marketing investments. Here's what you need to know.

Investors Business Daily

Alibaba Stock Jumps, Trip.com Breaks Out On Latest China Stimulus Pledge

Alibaba stock led a list of Chinese tech firms gaining in U.S. trading Monday after China pledges more stimulus.

Tom’s Hardware

Jobs eviscerated at Chinese Arm chip design firm in wake of restrictions from TSMC — lack of access to 7nm node could cause 150 employees to be laid off

Half of Hongjun Microelectronics Technology’s 300 workers might be fired after the server CPU firm lost access to TSMC’s 7nm node.

Latin Times

China Quietly Allows Citizens to Access OnlyFans; Truth Social Still Blocked

OnlyFans, an internet subscription service allowing users to generate and get paid for their own pornography, has suddenly become accessible in China.

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International Business Times

Chinese Shopping App Temu Suspended In Vietnam: State Media

Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday.

USA Today Sports Media Group

Hermès and Other Luxury Brands Turn to E-commerce: Taobao Operators Must Embrace Digital Transformation

Recently, Lingmao E-commerce observed that the luxury brand Hermès has launched a limited-time store on its WeChat public account to boost sales. This initiative, themed "A Tribute to the Iconic Scarf Team," features products such as watch straps ...

Benzinga

Bitfarms Provides November 2024 Production And Operations Update; 204 Total BTC Earned; 171 BTC Sold

Mining ReviewNovember mining operations generated 204 BTC compared to 236 BTC in October, reflecting a 1% increase in average operating EH and a 7% increase in Bitcoin difficulty.Key Performance

Benzinga

Black Friday, Cyber Monday Shopping Set To Break Sales Records

Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales promotions and savings.

Benzinga

Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks

Alibaba and PDD have been struggling in China's e-commerce market. Alibaba's stock is down 13% and PDD's is down 20%.

Tom’s Hardware

Chinese x86 eight-core Zhaoxin KX-7000 CPU lags behind AMD and Intel

Zhaoxin's KaiXian KX-7000/8 processor tested in various applications: still cannot compete against modern x86 processors from AMD and Intel.

Benzinga

Xiaomi Set To Challenge Qualcomm, MediaTek As It Ventures Into Chipmaking Once Again

In addition to mobile processors, Xiaomi's investment in research and development is projected to rise to 30 billion yuan in 2025, focusing on artificial intelligence and operating system enhancements.

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