• Internet Marketing

    China moves to ban internet marketing services for crypto

    The Chinese government published a draft regulation on Dec. 31 stating that no organization or individual is allowed to provide internet marketing for illegal financial activities, which include cryptocurrency transactions. Fast facts The regulation, drafted by the People’s Bank of China — China’s central bank — and other Chinese government institutions stipulates that any organization or individual is not allowed to provide internet marketing services for illegal financial activities, which include “virtual currency transactions.” The draft is published for public opinion until Jan. 31. The Chinese government has been taking a hard stance on cryptocurrencies since its crackdown on crypto  

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  • Technology News

    China pursues tech ‘self-reliance,’ fueling global unease

    BEIJING (AP) — To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian 710 for Alibaba’s cloud computing business. Alibaba says for now, it has no plans to sell the chip to outsiders. Other rookie chip developers including Tencent, a games and social media giant, and smartphone brand Xiaomi are pledging billions of dollars in  

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  • Computer

    Two of World’s Biggest Quantum Computers Made in China

    One way to minimize such delays is by cutting a path through the Internet, one that takes into account the traffic conditions up ahead. My company, Subspace, has built such a network using custom hardware and a proprietary fiber-optic backbone. And we’ve shown it doesn’t have to be complicated—users don’t have to do anything more complicated than logging onto a Web portal. Put together, Subspace has created a “weather map” for the Internet that can spot choppy or stormy parts of the network and work around them for better, faster real-time data movement. The online transformation occasioned by the  

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  • Technology News

    China calls missile launch ‘routine test’ of new technology

    China says its launch of a new spacecraft was merely a test to see whether the vehicle could be re-used ByThe Associated Press October 19, 2021, 12:46 AM • 3 min read Share to FacebookShare to TwitterEmail this article BEIJING — China said Monday its launch of a new spacecraft was merely a test to see whether the vehicle could be reused. The launch involved a spacecraft rather than a missile and was of “great significance for reducing the use-cost of spacecraft and could provide a convenient and affordable way to make a round trip for mankind’s  

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  • Technology News

    CIA creates new mission centers focused on China and technology

    CIA Director William Burns announced a series of organizational changes intended to hone the agency’s focus on key national security challenges, including the launch of two new mission centers, one focused on China and another dedicated to transnational and technological threats.   The China Mission Center “will further strengthen our collective work on the most important geopolitical threat we face in the 21st century, an increasingly adversarial Chinese government,” Burns said in a statement on Thursday.    The Transnational and Technology Mission Center will focus on foreign technological development alongside issues like climate change and global health, the CIA said in a  

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  • Technology News

    Analysis: China is cracking down on data privacy. That’s terrible news for some of its biggest tech companies

    Already, the company that elbowed Uber out of China has been kicked off app stores in the country and warned that it violated laws about data collection. The regulatory pressure has upended its first days as a publicly traded company in New York, with shares plummeting nearly 20% on Tuesday and retreating even more on Wednesday. All told, Didi has shed some $29 billion in market value from its peak. Didi isn’t the only Chinese company now entering Beijing’s line of fire. Two other businesses that recently listed in New York — truck-hailing company Full Truck Alliance and job listing  

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