I Squared Capital’s potential takeover offer for Hong Kong internet provider HKBN is facing hurdles, as it tries to convince China’s sovereign wealth fund of the merits of the deal and a competing state-backed bidder built a significant stake. Rival suitor China Mobile agreed to acquire a 15.5 per cent holding in HKBN from buyout…
Hammering home the central government’s hope that tech breakthroughs will become a driving force for the Chinese economy and help pave a path of self-reliance, Premier Li Qiang has called on state-owned telecom giants to accelerate research and be more innovative. The urging came during visits by Li on Tuesday to companies and research centres…
Tencent Holdings said it is testing the integration of DeepSeek’s service on Weixin, as the operator of China’s most popular super app looks to artificial intelligence (AI) to power its suite of services from social networking to e-payments and ride-hailing. In the current beta test, users can click an “AI Search” option on the search…
China’s three major telecoms operators have rushed to integrate DeepSeek’s artificial intelligence (AI) models into their services, as firms across the country jump on the bandwagon of the country’s hottest tech start-up. In a bid to “promote the universal application of latest AI technologies”, China Mobile, China Telecom and China Unicom have integrated DeepSeek’s models…
US lawmakers are considering banning Chinese artificial intelligence (AI) platform DeepSeek’s chatbot app from government devices due to concerns over potential data leaks. CEO of Feroot Security Ivan Tsarynny joins Market Domination to share critical insights on the unfolding situation. Tsarynny reveals that DeepSeek’s chatbot embeds instructions to send user information, including login details, to…
Chinese scientists have sent the world’s most powerful wireless communication protocol into space, slashing transmission delays from milliseconds to microseconds. A space version of China’s NearLink or “Xing Shan” wireless communication module for rockets had successfully completed a test flight, the China Academy of Launch Vehicle Technology (CALT) announced in a social media post last…
Hong Kong’s Travel Industry Council has partnered with agencies, trade bodies and a mobile operator to promote 14 itineraries for mainland Chinese tourists seeking local in-depth experiences in an attempt to entice more visitors amid a slow recovery in the sector. Chairwoman Gianna Hsu Wong Mei-lun said on Tuesday that the council had collaborated with…