quantum computing Chinese Optical Circuit Achieves Quantum Advantage Over Supercomputers Researchers in China achieve quantum advantage by performing Gaussian boson sampling 100 trillion times faster than a supercomputer. The optical circuit uses squeezed light to solve complex mathematical problems that are practically impossible for conventional computers.
ant group China Halts Ant Group's Record IPO Amid Regulatory Pushback Chinese regulators suspend Ant Group's massive $35 billion initial public offering just days after founder Jack Ma publicly criticizes the government's economic policies. The sudden halt signals a tough new regulatory environment for tech giants operating in the country.
alibaba Alibaba and JD.com Hit $115 Billion in Record Singles Day Sales Chinese e-commerce giants Alibaba and JD.com generate around $115 billion in combined sales during an extended 11-day Singles Day shopping event. The record-breaking figures highlight a strong economic recovery in China despite looming regulatory concerns.
alibaba Alibaba Breaks Singles Day Sales Record Amid Massive Stock Plunge Alibaba achieves a record $56.42 billion in Singles Day sales but suffers a nearly 10% stock drop due to new Chinese antitrust regulations.
alibaba Alibaba's Singles Day Sales Hit $75 Billion Despite Ant Group IPO Turmoil Alibaba breaks its own Singles Day record with $75 billion in sales, showcasing China's consumer recovery amid the pandemic. The shopping event unfolds alongside heavy regulatory scrutiny that halts the massive Ant Group IPO.
chang'e-5 Chinese Lunar Mission Returns Two-Billion-Year-Old Moon Samples China's Chang'e-5 spacecraft successfully delivers relatively young lunar rocks to Earth, opening a new window into the late history of the Moon and our solar system. The mission now continues as an extended technology test in lunar orbit.
ant group Chinese Regulators Halt Ant Group's Record-Breaking IPO Beijing regulators suspend Ant Group's massive stock market debut just days before trading begins, following critical remarks by founder Jack Ma.
ant group Chinese Regulators Halt Ant Group's Record-Breaking $37 Billion IPO Chinese regulators abruptly suspend Ant Group's massive $37 billion initial public offering just days before its scheduled launch. The sudden halt follows a public regulatory rebuke of company founder Jack Ma.
ant group Chinese Regulators Suspend Ant Group's Record $34.5 Billion IPO Ant Group's massive dual-listing in Shanghai and Hong Kong comes to a sudden halt after Chinese regulators summon company executives. The suspension follows significant changes in the financial technology regulatory environment.
china China Launches Chang'e-5 to Bring First Lunar Samples to Earth Since 1976 China successfully launches the robotic Chang'e-5 mission to collect and return moon rocks, marking the first lunar sample-return effort in 44 years. The complex spacecraft aims to gather about four pounds of material from the Oceanus Procellarum region.
tiktok U.S. Blocks TikTok and WeChat Downloads Over National Security Concerns The Commerce Department bans new downloads of TikTok and WeChat in the United States starting Sunday. The administration cites national security threats while potential rescue deals for TikTok remain ongoing.
microsoft Microsoft Thwarts Foreign Cyberattacks Targeting 2020 US Presidential Campaigns Microsoft reports that state-backed hacking groups from Russia, China, and Iran actively target the upcoming US presidential election. The company successfully blocks most of these cyberattacks and issues direct notifications to the impacted political campaigns.
wechat Executive Order Targets WeChat Over National Security and Data Concerns A new executive order addresses the national security threat posed by the Chinese-owned application WeChat, citing risks of extensive data collection and Chinese Communist Party access.
trump Trump Executive Orders Target TikTok and WeChat Over National Security Concerns President Trump issues sweeping executive orders that prohibit U.S. transactions with TikTok and WeChat, citing national security risks related to Chinese data collection. The Commerce Department sets a September 20 deadline to identify and enforce the specific banned transactions.
trump Trump Signs Executive Order Targeting TikTok Over National Security Concerns President Trump issues an executive order that forces ByteDance to sell or shut down TikTok in the US within 45 days. The administration claims the popular app poses a serious threat to American data security.