In contrast, Chinese internet giants generally adopt a “traffic-driven, closed-loop ecosystem” strategy. ByteDance, for instance, uses short video platforms as the entry point and expands horizontally into areas such as e-commerce (TikTok Shop) and office applications (Feishu/Lark). Tencent builds vertically on its WeChat social network by integrating gaming, payments and enterprise services. Meanwhile, Alibaba revolves…
About 25 per cent of Hong Kong employers plan to cut staff in the next quarter, according to a human resources company’s survey, as the latest government figures showed the city’s unemployment rate reached a 30-month high of 3.5 per cent for March to May. Workforce solutions provider ManpowerGroup Greater China released its latest employment…
Amanda Weiss-McComas named among Women of the Year for West Virginia Amanda Weiss-McComas, who’s work provides critical services to victims of domestic violence in West Virginia, is one of USA TODAY’s Women of the Year. A New York Times bestselling author, mathematician and data scientist is coming to the Queen City next month. Cathy O’Neil,…
China has created an underwater data centre with enough computing power to support 7,000 conversations with DeepSeek per second, according to state media. A new data centre capsule was added to an existing energy efficient data processing cluster near China’s southernmost Hainan island on Tuesday, state broadcaster CCTV said. The addition boosted the computing power…
Building actual AI applications on top of an existing model is one area where Europe can still win, Meta’s outgoing top lobbyist Nick Clegg said on a panel at the World Economic Forum in Davos last week. Yet, companies should also be on guard. Many users tinkering with DeepSeek’s model noticed that the chatbot refrains…
President Xi Jinping has built a sprawling security system to prevent violent forces from destabilizing society. A new wave of deadly attacks is putting pressure on officials to expand that surveillance state. China was stunned this month by its deadliest act of public violence since a string of terrorism strikes rocked the remote Xinjiang region…
Hong Kong’s finance chief has revealed that another 17 companies will set up offices locally under a government push to develop the innovation and technology sector, as he pointed to “golden opportunities” for firms looking to settle in the city. Financial Secretary Paul Chan Mo-po also said on Sunday that Hong Kong would need to…
NEW YORK (AP) — Wall Street is feeling the downside of high expectations on Thursday, as Microsoft and Meta Platforms drag U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 1.6% in midday trading and on track for its worst day in nearly eight weeks, falling further from its record set earlier this month….
More than 10 companies in strategic sectors such as artificial intelligence (AI) and big data will become the latest to set up offices in Hong Kong under a government push to promote development in technology industries, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday the businesses were from mainland…
More than 10 companies in strategic sectors such as artificial intelligence (AI) and big data will become the latest to set up offices in Hong Kong under a government push to promote development in technology industries, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday the businesses were from mainland…