Alex Hungate wants people to think of the Southeast Asian startup as a data science company, not a ride-hailing and food delivery firm.
China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing market persisted. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%, data released Tuesday showed. Compared to the […]
By Laura He, CNN Hong Kong (CNN) — China’s economy grew stronger than expected at the start of this year, mainly thanks to robust growth in high-tech manufacturing. Gross domestic product grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate
By Laura He, CNN Hong Kong (CNN) — China’s economy grew stronger than expected at the start of this year, mainly thanks to robust growth in high-tech manufacturing. Gross domestic product grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate
By Laura He, CNN Hong Kong (CNN) — China’s economy grew stronger than expected at the start of this year, mainly thanks to robust growth in high-tech manufacturing. Gross domestic product grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate
Amid the semiconductor industry’s slowdown and increasing geopolitical tensions, Dutch chip machine-maker ASML reported a decrease both in sales and profits. Europe’s most valuable tech company saw orders fall to €3.6bn in the first quarter of 2024, down from €9.2bn in the previous quarter. Its net profit also dropped to €1.2bn — a 37% decrease compared to Q4 2023. “We see 2024 as a transition,” ASML's President and CEO Peter Wennink said in a statement. Wennink expects a stronger...
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.
By Peter Catterall China’s economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target. Beijing has set a goal of around five percent for 2024, which officials have already admitted will “not be […]
“Our equity investments had a very strong return in the first quarter,
Samsung lands $6.4bn in US Chips and Science Act fundingChina’s telcos are ordered to remove foreign chips EdgeConneX adds $1.9bn to its green funding
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. I don’t know about you, but I only learned last week that there’s something connecting MSG and computer chips. Inside most laptop and data center chips today, there’s a tiny component called…
China has forced Apple to ban WhatsApp, Threads, Signal, and Telegram in the country's App Store.