Category: Chinese

Qualcomm-powered Chinese XR startup Nreal raises $40 million
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Qualcomm-powered Chinese XR startup Nreal raises $40 million

Nreal, one of the most-watched mixed reality startups in China, just secured $40 million from a group of high-profile investors in a Series B round that could potentially bring more adoption to its portable augmented headsets. Kuaishou, the archrival to TikTok’s Chinese version Douyin, led the round, marking yet another video platform to establish links…

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Chinese commercial launch startup iSpace raises $172 million
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Chinese commercial launch startup iSpace raises $172 million

The private launch industry isn’t showing any signs of slowing down, and a new $172 million Series B round of funding for China commercial launch startup iSpace indicates it could be heating up internationally. The new funding was led by Beijing Financial Street Capital Operation Center, CICC Alpha, Taizhonghe Capital and includes participation from existing…

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Chinese Military Posts Video of Hong Kong Air Defense Drills
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Chinese Military Posts Video of Hong Kong Air Defense Drills

The Chinese People’s Liberation Army (PLA) used social media on Wednesday to publish a short video clip of Hong Kong air defense drills. A military analyst told the island’s leading dissident newspaper, Apple Daily, that the incongruous 48-second video was meant as a warning to the United States against interfering with China’s oppression of Hong…

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More Chinese phones could lose US apps under Trump’s Clean Network
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More Chinese phones could lose US apps under Trump’s Clean Network

Over a third of the world’s smartphone sales come from Chinese vendors Huawei, Xiaomi and Oppo. These manufacturers have thrived not only because they offer value-for-money handsets thanks to China’s supply chains, but they also enjoy a relatively open mobile ecosystem, in which consumers in most countries can freely access the likes of Google, Instagram…

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U.S. Says Chinese Hackers Targeted Firm Making Coronavirus Vaccine
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U.S. Says Chinese Hackers Targeted Firm Making Coronavirus Vaccine

An unnamed U.S. security official told Reuters on Friday that hackers linked to the Chinese government have targeted Moderna, Inc., a Massachusetts-based biotech firm conducting research on vaccines for the Wuhan coronavirus. Moderna representatives confirmed that the company has been in contact with the FBI about “information reconnaissance activities” conducted against it by the Chinese…

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This Week in Apps: India bans Chinese apps, Apple freezes game updates in China, iOS developer backlash continues
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This Week in Apps: India bans Chinese apps, Apple freezes game updates in China, iOS developer backlash continues

Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People are now spending three hours and 40 minutes per day…

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GOP: Chinese Leaders Knew about Pandemic Weeks Before Announced
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GOP: Chinese Leaders Knew about Pandemic Weeks Before Announced

House Foreign Affairs Committee Republicans released an interim report on the coronavirus Monday night that said Chinese Communist Party (CCP) leaders, including China’s president, knew there was a pandemic ongoing “weeks” before it was announced, and that it is “highly likely” it could have been prevented. The report’s conclusion stated: Senior CCP leaders, including CCP…

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