During the Staking Summit in Istanbul, a conference attended by hundreds of individuals involved in the staking practice of the crypto ecosystem, two exhibition booths stood out. They belonged to Tenc
Despite its dominant market share in the crypto sphere, Bitcoin has had limited applications compared to other blockchains which have blossomed to facilitate asset transfers in everything from financi
Another country is banning TikTok, the ByteDance-owned short video behemoth with over one billion active users around the world. Nepal, which has a population of close to 30 million people, has banned
When Pico launched its Oculus Quest challenger in China last year, it did so with great optimism. Light (295 grams) and affordable ($420), the virtual reality headset released by the ByteDance-owned m
Despite crypto’s badly tarnished reputation following FTX’s collapse, some large corporations are warmly embracing its underlying distributed ledger technology. LG CNS, the IT solutions su
Upon opening its first overseas office in London last Thursday, a16z made its first U.K. investment announcement today. The venture capital firm has led a $4.2 million seed round in Pimlico. Based in
Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 billion in a potential U.S. initial public offeri
Zhang Li‘s career path has looked like a bellwether for China’s tech trends. When the Cisco veteran joined WeRide in 2018, the Chinese autonomous vehicle company was less than a year old.
Kai-Fu Lee, the computer scientist known in the West for his bestseller “AI Superpowers” and in China for his bets on artificial intelligence unicorns, has a new venture — and a gre
Nio, the Chinese carmaker known for its sleek, premium electric SUVs, has started a new round of layoffs as intense competition propels it to cut costs and regroup resources. In an internal letter see
Just three months after PayPal entered the fray to bring stablecoins to the masses, it’s attracting attention from U.S. regulators that are tightening the screws on the stablecoin sector. The pa
Despite the ongoing technological decoupling between China and the West, both sides are converging to discuss the threat that runaway artificial intelligence may pose to humanity. Wu Zhaohui, China
Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquar
XPeng is often called the Chinese challenger to Tesla for its efforts to bring advanced driving capabilities to its electric vehicles. It’s now getting a step closer to its American counterpart
In fashion design, success is often determined by talent, hard work and a sprinkle of luck. In the era of big and artificial intelligence, however, fashion design has become somewhat more predictable.
There’s no shortage of startups trying to automate marketing tasks by using generative AI. For WorkMagic, the target users are the millions of small-scale Shopify sellers who it believes can ben
Roblox China was once full of promise. Since its localized platform, which is a joint effort with Tencent, abruptly halted operation nearly two years ago, the company has been quiet about its standing
It’s become increasingly evident that two parallel AI universes are forming between the U.S. and China. While the U.S. has spawned notable players like OpenAI and Anthropic, China has its own em
Amid a global slowdown in venture investments for crypto projects, some companies continue to buck the trend. SynFutures, a decentralized crypto derivatives exchange, has completed a $22 million Serie
One of Silicon Valley’s most prominent investment firms will face government scrutiny over its investments in China. Sequoia Capital has received a polite but pointed request from Congress to en
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