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Behind the Rise of China’s Facial-Recognition Giants

Behind the Rise of China’s Facial-Recognition Giants

Unfamiliar faces aren’t welcome at Beijing public housing projects. To prevent illegal subletting, many have facial recognition systems that allow entry only to residents and certain delivery staff, according to state news agency Xinhua. Each of the city’s 59 public housing sites is due to have the technology by year’s end.Artificial intelligence startup Megvii mentioned…
China’s latest retaliatory tariffs could pose trouble for Tesla

China’s latest retaliatory tariffs could pose trouble for Tesla

While Tesla does have a factory in Shanghai, it's not expected to start producing cars until later in 2019. Until it ramps up in earnest, the company will have to import EVs. BMW and Mercedes, meanwhile, ship many SUVs to China from American plants.The new round of tariffs also slaps 5 percent more on US…
China’s largest Q&A platform, Zhihu, raises $434 million from investors including Kuaishou, Baidu and Tencent

China’s largest Q&A platform, Zhihu, raises $434 million from investors including Kuaishou, Baidu and...

Zhihu, the largest question and answer platform in China, has raised a $434 million Series F. This is not only the company’s biggest round since it launched in 2011, but also one of the largest secured over the past two years by a Chinese Internet culture and entertainment company, said China Renaissance, which served as…
China’s Vivo is eyeing smartphone users in Africa and Middle East

China’s Vivo is eyeing smartphone users in Africa and Middle East

Africa’s mobile phone industry has in recent times been dominated by Transsion, a Shenzhen-based company that is little known outside the African continent and is gearing up for an initial public offering in China. Now, its Chinese peer Vivo is following its shadow to this burgeoning part of the world with low-cost offerings. Vivo, the…
How the West Got China’s Social Credit System Wrong

How the West Got China’s Social Credit System Wrong

In October 2018, Vice President Mike Pence paid a visit to the Hudson Institute—a conservative Washington D.C. think tank—to give a wide-ranging speech about the United States’ relationship with China. Standing stiffly in a shiny blue tie, he began by accusing the Chinese Communist Party of interfering in US politics and directing Chinese businesses to…
China’s new Nasdaq-style board for tech shares starts trading with 25 companies listed

China’s new Nasdaq-style board for tech shares starts trading with 25 companies listed

Trading on China’s new Nasdaq-style stock market began today, with 25 tech companies listed on the Science and Technology Innovation Board, operated by the Shanghai Stock Market. Called the STAR Market, the board is an initiative by the government to encourage more Chinese tech companies to list domestically by addressing concerns about governance. Traders cautioned…
China’s Tiangong-2 space station is officially no more

China’s Tiangong-2 space station is officially no more

Chinese space station’s Tiangong-2 has officially ended its mission, and the orbital research facility’s entire existence. The platform de-orbited and burned up as planned at just after 9 AM ET on Friday, coming down over the South Pacific Ocean, as confirmed by the official Chinese space agency. The station weighed around 9 U.S. tons at…
China’s Alipay adds sought-after beauty filters to face-scan payments

China’s Alipay adds sought-after beauty filters to face-scan payments

In China, striving for accuracy in a piece of facial recognition software isn’t enough. As Alibaba’s e-wallet affiliate Alipay has recently demonstrated, the way software presents a user’s look is also crucial to its success. On Tuesday, Alipay announced on social media platform Weibo (in Chinese) that it’s added beauty filters to its pay-with-face system…
China’s Didi removes 300,000 drivers amid safety overhaul

China’s Didi removes 300,000 drivers amid safety overhaul

2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after two deadly passenger incidents. One way it works to ramp up safety is a stricter vetting process for drivers. The mobility giant said Tuesday to a group of media that it…
China’s housing unicorn Danke appoints ex-Baidu exec as new COO

China’s housing unicorn Danke appoints ex-Baidu exec as new COO

A few months after nabbing a handsome $500 million funding round, China’s shared housing startup Danke Apartment got a talent boost. On Monday, Danke announced the appointment of Gu Guoliang as its new chief operating officer to ramp up the company’s offline operational crew. Gu, whose nickname is Michael, stepped down from Baidu after five…

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UK drone register takes off

A UK drone registration scheme has opened ahead of the deadline for owners to register their devices coming into force at the end of this month. The UK government announced its intention to introduce a drone registration scheme two years ago. The rules apply to drones or model aircraft weighting between 250g and 20kg. Owners…

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