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China seeks to rein in risks from AI 'digital humans'China is introducing new rules for its booming digital human industry. These AI avatars, which look and sound like real people, are used fo...- China to allow more banks to handle digital yuan, sources sayThe push to put the digital yuan into the real economy has been slow so far since its launch in 2019, with most retail customers already ab...
- China debates how to handle criminal crypto cacheMoney involved in crypto-related crimes surged 10-fold to 430.7 billion yuan ($59 billion) in 2023, according to blockchain security firm S...
- Alibaba Group lays off dozens of employees to cut costs: reportAlibaba layoffs: China's Alibaba Group has reduced the Yuanjing team, its metaverse arm, as part of a broader reset. The division was set u...
- China's $138 billion stimulus bond sale starts on FridayThe finance ministry confirmed what four sources had told Reuters earlier on Monday that the 1 trillion yuan ($138.23 billion) of special g...
- China's Tencent Music beats revenue estimates on paid subscriber growthThe company's social entertainment services posted a nearly 50% drop in revenue as Beijing's crackdown on online gambling continues to cast...
- China aims to ship 25 million virtual reality devices by 2026The China Academy of Information and Communications, a state-backed think tank, published a report on Tuesday saying that China's motivatio...
- Xiaomi unveils Xiaomi 12S, 12S Pro & 12S Ultra, price starts at Rs 47K. Check out detailsAll three smartphones in Xiaomi 12S series were launched in China in a virtual event.
- A metaverse with Chinese characteristics is a clean and compliant metaverseThe descriptions point to the long shadow thrown by Chinese authorities who have already intimated they will have a heavy regulatory hand i...
- How a Digital Yuan threatens to imperil Bitcoin’s biggest markets“Once a digital yuan is introduced, that’s going to be one of the biggest risks in crypto,” Gillespie, who previously worked in currency ma...
- JD.com becomes first online platform to accept China's digital currencyJD Digits, the company's fintech arm, will accept digital yuan as payment for some products on its online mall, as part of an experimental ...
- Zoom transforms hype into huge jump in sales, customersThe company said its expects adjusted profit in the fiscal year will be $355 million to $380 million, or $1.21 to $1.29 a share. Analysts h...
- Zoom CEO seeks redemption as trolls invade coronavirus haven“Zoombombing” -- where unauthorized people get access to a meeting and share hate-speech or pornographic images -- started trending on soci...
- China eyes double-digit growth in software, IT service sectorsThe country also aims to bring sales revenue from information security products to 200 billion yuan in 2020 with average annual growth over...
- China's yuan hits 5-year low as Brexit fears roil global currency marketsConcerns that Britain may vote to leave the European Union in a referendum next week continued to rattle global financial markets and polic...
- China reserves show stabilisation as growth slowsOverseas shipments rose 4.1% in yuan terms from a year earlier yet fell 1.8% in dollar terms, the customs administration said Sunday.
- China to invest $70 bn to improve InternetChina said it would invest $70 billion to increase Internet speeds and expand broadband access in rural areas by this year.
- China Singles Day online shoppers spend almost $ 6 billionThe most popular items sold on Singles' Day included underwear, diapers, baby milk formula, mobile phones, cars, diamond rings and home app...
- India way behind China in securing petroleum suppliesIndia faces an uneven contest with China, which is dipping into $2.4 trillion of foreign currency reserves to buy stakes in oil & natural g...
- SAIC to fund own-brand vehiclesSAIC Motor Corp, China's top automaker, said on Thursday it will raise up to 10 billion yuan ($1.5 billion) through a share placement large...
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