apple Apple Lowers Q1 Revenue Guidance Amid China Slowdown and Weak iPhone Sales Apple revises its first-quarter revenue expectations down to $84 billion, citing unexpected economic deceleration in Greater China and fewer iPhone upgrades. Non-phone product categories grow by 19 percent, but this increase is not enough to offset the smartphone decline.
china China Achieves First-Ever Soft Landing on Far Side of the Moon China makes space exploration history by successfully landing the Chang'e 4 probe on the moon's far side. The mission relies on a relay satellite to communicate with Earth and aims to survey the largely unexplored lunar terrain.
export-controls Curbs on A.I. Exports? Silicon Valley Fears Losing Its Edge The US Commerce Department proposed new export restrictions on artificial intelligence technology for national security reasons following the passage of the Export Controls Act of 2018. In November, the department released a list of technologies under consideration, including categories like computer vision and natural language understanding. Federal officials argue that
didi chuxing Didi Chuxing Introduces Insurance and Credit Services Amid Driver Regulations Didi Chuxing is launching in-app insurance and lending options for drivers and passengers as strict new licensing rules threaten to shrink its workforce.
china New Regulations Crush China's Part-Time Ride-Hailing Gig Economy Strict new licensing requirements effectively end part-time ride-hailing work in China by forcing drivers to register personal vehicles as commercial cars. The resulting costs and residency restrictions push millions of casual workers off platforms like Didi.
google Google CEO Avoids Direct Answers on Censored Dragonfly Search Engine Sundar Pichai downplays Google's censored Dragonfly project during a US House hearing, calling it merely an internal effort with no current launch plans. Meanwhile, Chinese internet users and some Google staff view the potential return positively.
google Google's Censored China Search Engine Halted After Internal Privacy Dispute Google effectively ends its controversial Dragonfly censored search engine project for China after an internal confrontation over secret data collection practices. The shutdown marks a major setback for top executives who prioritize expanding into the Chinese market.
sensetime Chinese AI Firm SenseTime Reaches $4.5 Billion Valuation After Massive Funding Round SenseTime secures $620 million in new funding, pushing its total capital past $1.6 billion. The highly profitable image recognition start-up plans to use the funds for research, talent acquisition, and smart city development.
sensetime Alibaba Leads $600 Million Funding Round for Chinese AI Firm SenseTime Chinese artificial intelligence company SenseTime raises $600 million in a Series C funding round led by Alibaba Group. The investment aims to expand the company's global footprint and advance its deep learning platform.
sensetime Chinese AI Startup SenseTime Reaches $3 Billion Valuation A massive funding round backed by Alibaba pushes SenseTime past $3 billion, making it the world's most valuable AI startup. The company's facial recognition software powers widespread surveillance and consumer technology across China.
artificial intelligence Chinese AI Firm SenseTime Breaks Industry Funding Record With $600M Raise SenseTime secures $600 million in a Series C round led by Alibaba, setting a new venture capital record for the artificial intelligence sector. The company plans to use the funds to expand its global AI platform and develop new industrial applications.
trump Trump Blocks Broadcom's $117 Billion Qualcomm Takeover Over Security Fears President Trump issues an executive order halting Singapore-based Broadcom from acquiring U.S. chipmaker Qualcomm based on national security concerns. The decision follows warnings that the deal gives China an advantage in the global 5G race.
beijing 2022 Beijing 2022 Winter Olympics Handover Showcases AI and Robotics Beijing's Olympic handover ceremony at Pyeongchang 2018 features AI-controlled robot screens and panda mascots to highlight China's technological advancements.