Amazon is closing its Shanghai AI lab amidst escalating US-China tensions, as reported by the Financial Times. This decision aligns with increased scrutiny from Washington on American companies ... ( read original story ...)
Shanghai reusable packaging firm secures funds for global expansion
Horen Group, a Shanghai-based specialist in intelligent reusable packaging, obtained 130 million yuan ($18.12 million) in a Series F funding round on Monday to support its global expansion. The ... ( read original story ...)
Amazon shuts down Shanghai AI research lab
Ecommerce group Amazon is shutting down its Shanghai artificial intelligence lab, becoming the latest US company to retreat from Chinese research efforts amid rising geopolitical tensions. ( read original story ...)
Amazon shuts down Shanghai AI research lab, FT says
The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. ( read original story ...)
US federal court upholds dismissal of terror victims’ claims against global banks
A US federal court on Monday upheld the dismissal of claims brought by US service members and civilians against three major global banks accused of indirectly funding terrorist attacks in ... ( read original story ...)
How a Small Shanghai Business Is Coping With COVID-19 – #SixthTone
An animation company in Shanghai is diversifying its business and seeking new opportunities to cope with the effects of the COVID-19 pandemic. Yu Xin, the founder and CEO of Shanghai Left Pocket ... ( read original story ...)
Has the Qianfan satellite network – China’s Starlink rival – run into trouble?
A shortage of rockets and competition for launch resources appear to be putting the mega-constellation's targets in doubt A Chinese mega-constellation of communications satellites is facing serious ... ( read original story ...)