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New Business

Opinion | Elite success stories are cold comfort for disillusioned young workers

On the 32nd anniversary of New Oriental, a private Beijing-based education services provider, the company’s founder, Yu Minhong, wrote an…

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New Business

Alibaba’s Qwen app challenges AI subscription models with free access

Alibaba Group Holding has officially launched its multipurpose artificial intelligence app, Qwen, promising a “free-for-all” gateway for consumers to access…

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New Business

China warns ByteDance, Alibaba platforms in latest crackdown on trending topic violations

China’s cyberspace regulator has issued warnings to ByteDance’s news aggregator Jinri Toutiao and Alibaba Group Holding’s internet browser operator UCWeb…

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New Business

China warns Kuaishou, Weibo over celebrity gossip amid crackdown on online content

The operator of China’s second-most popular short video app, Kuaishou Technology, and microblogging platform Weibo came under scrutiny from the…

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New Business

Tesla targets China’s fast-growing humanoid robot market with new Weibo account

Tesla has launched a new social media account on Weibo, China’s answer to X, to promote its artificial intelligence technology,…

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New Business

China’s social media platforms rush to abide by AI-generated content labelling law

The law, which was issued in March, requires explicit and implicit labels for AI-generated text, images, audio, video and other…

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New Business

Hong Kong tops the US as the go-to IPO venue for Chinese start-ups as funds return to Asia

In the first of a two-part series about Hong Kong’s market for initial public offerings, Zhang Shidong and Ao Yulu…

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New Business

Swatch says sorry for ‘slanted eyes’ ad after social media backlash in China

Swiss watchmaker Swatch has issued an apology for a “slant eye” promotional image that has triggered strong criticism on Chinese…

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New Business

Manus AI lays off China staff, scrubs social media, shelves mainland service

The company behind the general-purpose artificial intelligence (AI) agent Manus laid off most of its staff in Beijing last week,…

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New Business

Apple’s most sweeping software redesign disappoints mainland Chinese consumers

Apple on Monday previewed a new software interface design, called Liquid Glass, during the company’s annual Worldwide Developers Conference held…

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