SimShine raises $8 million for home security cameras that use edge computing – gpgmail

[ad_1] SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security cameras that use edge computing to keep data on-device. The funding was led by Cheetah Mobile, with participation from Skychee, Skyview Fund and Oak Pacific Investment. Earlier this year, SimShine raised […]

Jack Ma officially retires as Alibaba’s chairman – gpgmail

[ad_1] Jack Ma stepped down as Alibaba’s chairman today, handing the role over to the company’s current CEO Daniel Zhang. The transition was announced a year ago. Ma will continue serving on Alibaba’s board until its annual general shareholders’ meeting next year. He also remains a lifetime partner of Alibaba Partnership, a group drawn from […]

American tariffs are having a bigger impact on U.S.-based Amazon vendors than their competitors in China, according to SellerMotor – gpgmail

[ad_1] The series of tariffs imposed by the United States on Chinese goods has impacted both U.S. and China-based Amazon vendors, but U.S. sellers are taking a bigger hit to their sales, according to data from cross-border e-commerce analytics company SellerMotor. The gap has widened since the round of tariffs on Chinese goods announced in […]

Alibaba acquires NetEase Kaola in deal worth $2 billion – gpgmail

[ad_1] Alibaba Group said today it has acquired NetEase Kaola for $2 billion and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China. The announcement follows weeks of media reports about a potential deal, which was said to have stalled in the middle of August after the companies reportedly disagreed on […]

Why Walmart’s Flipkart is betting heavily on Hindi – gpgmail

[ad_1] To win India’s next 200 million internet users, e-commerce giant Flipkart wants to speak their language Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among these new features is […]

Porsche unveils the $150,900 Taycan Turbo electric sedan – gpgmail

[ad_1] Porsche has poured more than $1 billion into the development of its first all-electric vehicle, a sleek four-door specimen that marks the beginning of a new chapter for the German automaker and its biggest bet in more than a generation. On Wednesday, in three simultaneous events in Canada, China and Germany, Porsche finally introduced […]

Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit – gpgmail

[ad_1] After weeks of media reports, Alibaba may finally be nearing an agreement to acquire NetEase’s cross-border e-commerce unit, Kaola. Chinese tech news website 36kr reports that a deal may be announced as early as this week and is expected to be worth $2 billion in cash and shares. Kaola will continue to run independently, […]

How Zhihu’s become one of China’s biggest hubs for experts – gpgmail

[ad_1] Zhihu may not be as well known outside of China as WeChat or ByteDance’s Douyin, but over the past eight years, it has cultivated a reputation for being one of the country’s most trustworthy social media platforms. Originally launched as a question-and-answer site similar to Quora, Zhihu has grown to be a central hub […]

WeChat restricts controversial video face-swapping app Zao, citing “security risks” – gpgmail

[ad_1] Zao went viral in China this weekend for its realistic face-swapping videos, but after controversy about its policies, WeChat restricted access to the app on its messaging platform. Developed by a unit of Momo, one of China’s most popular dating apps, Zao creates videos that replace the faces of celebrities in scenes from popular […]

Sources say China used iPhone hacks to target Uyghur Muslims – gpgmail

[ad_1] A number of malicious websites used to hack into iPhones over a two-year period were targeting Uyghur Muslims, gpgmail has learned. Sources familiar with the matter said the websites were part of a state-backed attack — likely China — designed to target the Uyghur community in the country’s Xinjiang state. It’s part of the […]