Technology

OpenAI Ad Business Hits $1 Billion Annualized Revenue Run Rate

OpenAI's advertising business has reached a $1 billion annualized revenue run rate as it rolls out ad tools on ChatGPT for businesses worldwide.

Over 5,500 Still Missing in China and Nepal as Flood Toll Passes 1,300

More than 5,500 remain missing in China and Nepal twelve days after floods killed over 1,300, as the UN launches a $50m aid appeal.

Australia Plans Law Letting Users Switch Off Social Media Algorithms

Australians could opt out of social media algorithms under a proposed "digital duty of care" law targeting Meta, Google and TikTok, a minister said Monday.

Anak Krakatau Eruption Cancels Hundreds of Flights at Jakarta Airport

Mount Anak Krakatau's eruption disrupted hundreds of flights across Indonesia, with cancellations at Jakarta's airport stretching into Monday.

US Envoys Hold Substantive Kyiv Talks, But Russia-Ukraine Gaps Persist

US envoys Witkoff and Kushner held substantive talks with Zelenskyy in Kyiv a day after meeting Putin, but core Russia-Ukraine differences remain.

2023’s Top 10 Chinese Buzzwords: Reflecting Technological Advancements and Youth Culture

The linguistics journal Yaowen Jiaozi, published by the Shanghai Literature and Art Publishing Group, has unveiled the top 10 Chinese buzzwords of 2023, offering...

Chinese Entrepreneurs and Financiers Explore Business Opportunities in the Middle East

During the 7th Future Investment Initiative (FII) in Riyadh, Saudi Arabia, known as "Davos in the Desert," a notable interaction took place between Chinese...

US Commerce Secretary Calls for United Efforts to Prevent China’s Access to Advanced Semiconductors and AI Technologies

US Commerce Secretary Gina Raimondo delivered a compelling message at the annual national defense forum in Simi Valley, California, emphasizing the need for a...

China’s Esports Industry: Embracing Globalization and Cultural Exchange in 2023

China is rapidly emerging as a global esports powerhouse, evident in the recent surge of major international esports events slated for December in Chengdu,...

Nio’s Strategic Workforce Reduction and Automation Plan for Enhanced Efficiency

Nio, one of China's premier electric vehicle (EV) manufacturers, has revealed ambitious plans to significantly reduce its workforce by 2027, emphasizing a shift towards...

China’s Venture Capital Funding Sees Notable Decline in 2023

In 2023, China's venture capital (VC) landscape has experienced a notable downturn, with funding in the first ten months dropping by nearly 30% compared...

Huawei Leads Smartphone Sales Surge During China’s Singles’ Day Festival

During China's renowned Singles' Day shopping festival, the country's smartphone market witnessed a noteworthy 5% increase in sales volume. This surge was predominantly fueled...

Binance’s Guilty Plea in US Poses Challenges for HK Crypto License Ambitions

Binance, the world's largest cryptocurrency exchange, and its founder Changpeng Zhao have recently pled guilty to violating US anti-money-laundering laws, a move that could...

South Korea to Pilot Central Bank Digital Currency with 100,000 Participants

South Korea is set to launch a groundbreaking pilot program involving its Central Bank Digital Currency (CBDC), with 100,000 citizens participating in a real-world...

British Chipmaker Graphcore Withdraws from China Amid US Export Restrictions

British semiconductor company Graphcore, once seen as a potential competitor to Nvidia, is withdrawing from the Chinese market and reducing its workforce in the...

Alibaba’s DingTalk Collaborates with Huawei for HarmonyOS Integration

Alibaba Group Holding is taking a significant step in the tech industry by aligning its workplace collaboration app, DingTalk, with Huawei Technologies' HarmonyOS. This...

Pinduoduo Boosts AI Focus with New Hiring Drive for LLM Experts

Pinduoduo, a leading player in the e-commerce domain operated by PDD Holdings, is making significant strides in the field of artificial intelligence (AI) by...

Alibaba Group Clarifies Jack Ma’s Share Sale Plan, Denies Layoff Rumors

Alibaba Group Holding, a leading e-commerce conglomerate, has recently addressed internal concerns and public rumors regarding significant organizational and ownership changes. In an official...

Tencent’s Leap into Healthcare AI: A Strategic Move Towards Industry Transformation

Tencent Holdings, the renowned Chinese technology conglomerate, is pioneering a new venture in the healthcare sector by integrating artificial intelligence (AI) into various medical...

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