The state security ministry is recruiting from a vast pool of private-sector hackers who often have their own agendas and sometimes use their access for commercial cybercrime, experts say. From a report: China’s buzzy high-tech companies don’t usually …
Jolla hits profitability ahead of turning ten, eyes growth beyond mobile
A milestone for Jolla, the Finnish startup behind the Sailfish OS — which formed, almost a decade ago, when a band of Nokia staffers left to keep the torch burning for a mobile linux-based alternative to Google’s Android — today it’s announcing hitting profitability. The mobile OS licensing startup describes 2020 as a “turning point” […]
Europe’s quick-commerce startups are overhyped: Lessons from China
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.
Xiaomi reports record 64% revenue growth, acquires Deepmotion for $77.3 million
Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant’s strong surge in smartphone market share globally. During the quarter that ended in June, Xiaomi said it saw a 64% year-on-year growth in revenue, and its net income surged over 80% from the same time a […]
US intelligence study inconclusive on Covid origins, according to reports
Assessment unable to conclude whether virus came from animals or a Wuhan lab, according to US mediaCoronavirus – latest updatesSee all our coronavirus coverageA classified US intelligence report delivered to the White House was inconclusive on the orig…
Hong Kong to scour old films for subversive themes under new censorship law
Movies deemed a security threat can bring penalties of up to three years’ jail under stricter law that also covers previously approved titles Hong Kong will scrutinise past films for national security breaches under a tough new censorship law in the la…
Israel’s DiA gets $14M to expand AI-driven ultrasound analysis
Israel-based AI healthtech company, DiA Imaging Analysis, which is using deep learning and machine learning to automate analysis of ultrasound scans, has closed a $14 million Series B round of funding. Backers in the growth round, which comes three years after DiA last raised, include new investors Alchimia Ventures, Downing Ventures, ICON Fund, Philips and […]
Uber rival Didi Chuxing suspends plans for UK and Europe launch
Company won licences for Manchester and Sheffield but faces pressure from Chinese governmentChinese Uber rival Didi Chuxing has reportedly suspended plans to launch in the UK and Europe, as the ride-hailing company faces pressure from authorities in it…
Kamala Harris accuses Beijing of ‘coercion’ and ‘intimidation’ in South China Sea
In major speech delivered in Singapore, US vice president says America stands with its allies in the Indo Pacific in the face of threats from ChinaUS vice president Kamala Harris has delivered a sharp rebuke to China for its incursions in the South Chi…
World’s Biggest Wind Turbine Shows the Disproportionate Power of Scale
China’s MingYang Smart Energy has announced an offshore wind turbine even bigger than GE’s monstrous Haliade-X. From a report: The MySE 16.0-242 is a 16-megawatt, 242-meter-tall (794-ft) behemoth capable of powering 20,000 homes per unit over a 25-year…