TuSimple co-founders back in charge following governance overhaul

Nov 20, 2022

TuSimple’s co-founder Chen Mo has gained control of the self-driving truck company after Hou Xiaodi, another co-founder and former chief executive, transferred the voting rights of his own shares to Chen, according to a securities filing on Tuesday. The move gives Chen voting power of 59% in the firm. The Nasdaq-listed company also announced that it has fired four independent directors, leaving Hou as the only remaining member of the company’s board. Meanwhile, interim CEO Ersin Yumer ...read more

Hands-on review: Kingston 2TB NV2 PCIe 4.0 NVMe M.2 SSD

Nov 20, 2022

Kingston’s NV2 is a fast PCIe 4.0 NVMe (non-volatile memory express) M.2 solid-state data storage drive. It is primarily intended for laptops and small form-factor PCs. Even with the proliferation of cloud-based data services, you can never have enough local data storage. But gone are the days of finding space for large hard disk drives and their associated cabling. It’s great to finally see mechanical drives going the way of the dodo, replaced by tiny, energy-efficient NVMe M.2 drives no ...read more

Dongfeng’s EV business gets $700 million from Chinese state-backed funds

Nov 20, 2022

Voyah, the premium electric vehicle arm of Chinese automaker Dongfeng, said on Friday that it has raised RMB 5 billion ($700 million) in Series A funding, which valued the company at RMB 30 billion. A group of state-backed capitalists made the investment, including China State-Owned Enterprise Mixed Ownership Reform Fund, Bank of China Asset Management, and Wuhan Jingkai Industry Investment Fund, the latter of which is affiliated with the municipal government of the central city of Wuhan. Wit ...read more

Tencent’s overseas gaming revenue helps lead Q3 recovery

Nov 20, 2022

Tencent headquarters in Shenzhen, China. Credit: 123RF Chinese tech giant Tencent posted its results for the third quarter of 2022 on Wednesday, reporting RMB 140.1 billion ($19.7 billion) in revenue, a 2% year-on-year decline. The figure missed analysts’ average estimation of RMB 141.6 billion, according to Reuters. Profit attributable to equity holders of Tencent for the quarter was RMB 39.9 billion, a 1% year-on-year increase and a significant achievement considering the company ...read more

Top Technology Companies You Should Know

Nov 20, 2022

Today’s modern world is completely based on technology. Due to the technological advancements in today’s world, people are enjoying their lives even more, today than ever before. Since the inventive products and business strategies of superior technology companies have revolutionized the way people live, top technology companies have seen tremendous growth in this period. In the future to come, the influence of those top technology companies will further revolutionize the world. Today’s w ...read more

Tencent secures first major gaming approval this year as regulator issues 70 new licenses

Nov 20, 2022

China’s media regulator, the National Press and Publication Administration (NPPA), issued 70 new gaming licenses on Thursday after a two month-long pause in new approvals. Notable Chinese gaming firms including Tencent, NetEase, Perfect World, and Lilith Games made the list of licensed titles. Tencent and Japanese gaming firm SNK’s mobile title collaboration Metal Slug: Awakening was among those approved by the NPPA; Tencent undertook a two-week round of testing in June last year and t ...read more

Chinese internet giants turn to philanthropy under economic downturn, but it’s not just a number’s game

Nov 20, 2022

Every September, Chinese tech majors kickstart a series of charity events, such as Alibaba’s Sept. 5 Charity Week and Tencent’s Sept. 9 Giving Day. Since this tradition of “charity month” in China was pioneered eight years ago by Tencent, these peer-to-peer fundraising campaigns have become the primary way that the general public in China gets involved in charitable donations to non-profit organizations. Similar to Alibaba’s famous Singles Day shopping festival, these mega campaigns a ...read more

Hands-on review: Feiyutech Pocket 2S Stabilised Camera

Nov 20, 2022

Recording your holiday and capturing those cute moments with your dogs can't be done without a good camera, and often the camera on our phone can be pretty limiting. Pocket cameras are the perfect solution to resolve this issue, as they don't take up space or burn a hole in your wallet. Personally, I always wanted to capture the best views during my hiking and walking adventures, so I was super excited to test and review the Pocket 2S Stabilised Camera from the Chinese brand Feiyutech. Overvi ...read more

UK demands Wingtech-owned chipmaker to sell its fab in the country

Nov 20, 2022

Nexperia Newport Limited is the largest fab in the UK, which was fully acquired by Wingtech last year. Credit: 123RF The UK government required the semiconductor firm Nexperia BV to sell most of its acquired Welsh wafer fab due to “risk to national security” on Wednesday. Nexperia BV is a Dutch subsidiary of China’s Wingtech technology.  The Welsh wafer fab, named Nexperia Newport Limited (formerly Newport Wafer Fab), is the largest fab in the UK, according to CNBC’s reportin ...read more

Physical Gift Cards vs. Digital Gift Cards: A Full Comparison

Nov 20, 2022

Then and now, gift cards remain one of the most popular presents to give and receive. After all, it gives the recipient the opportunity to choose what they really want, and they can even Sell gift cards on card trading apps like NOSH for cash. In recent years, physical gift cards have given way to digital gift cards, which are becoming increasingly popular. So, what’s the difference between physical and digital gift cards? Let’s take a closer look: What are physical gift cards? When w ...read more