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Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi...

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Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has...

China Roundup: facial recognition lawsuit and cashless payments for foreigners

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Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people...

ByteDance denies it will go public in Hong Kong next quarter

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ByteDance has responded to a report in the Financial Times that said the Chinese Internet startup plans to go public in Hong Kong as...

MIT is reviewing its relationship with AI startup SenseTime, one of...

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The Massachusetts Institute of Technology said it is reviewing the university’s relationship with SenseTime, one of eight Chinese tech companies placed on the U.S....

PayPal to enter China through GoPay acquisition

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The People’s Bank of China has approved PayPal’s acquisition of a 70% equity state in GoPay (Guofubao Information Technology Co. (GoPay), Ltd.), which will...

Voter manipulation on social media now a global problem, report finds

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New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties...

Alibaba unveils Hanguang 800, an AI inference chip it says significantly...

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Alibaba Group introduced its first AI inference chip today, a neural processing unit called Hanguang 800 that it says makes performing machine learning tasks...

SimShine raises $8 million for home security cameras that use edge...

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SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security cameras...

Jack Ma officially retires as Alibaba’s chairman

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Jack Ma stepped down as Alibaba’s chairman today, handing the role over to the company’s current CEO Daniel Zhang. The transition was announced a...

Alibaba acquires NetEase Kaola in deal worth $2 billion

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Alibaba Group has acquired NetEase Kaola for $2 billion, the two companies said today, and will integrate it into Tmall, creating the largest cross-border...