Alibaba’s Ant Group, TikTok owner ByteDance, ride-hailing giant Didi Chuxing and fintech firm Lufax topped the rankings of the world’s 586 known unicorns – start-ups valued at more than US$1 billion – ... ( read original story ...)
Apple hit with $1.4B lawsuit by Chinese AI firm over Siri technology
Shanghai Zhizhen Network Technology Co. -- also known as Xiao-i -- announced it is suing Apple for 10 billion yuan ($1.43 billion) in damages in Shanghai court after the Chinese company recently ... ( read original story ...)
In 2015 the High Court in Beijing ruled that Apple’s Siri didn’t Infringe Shanghai Zhizhen’s Patent. So why is this case back in the news?
It's being reported today that Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co., Ltd., also known as Xiao-i, has filed a lawsuit against Apple Inc, alleging ... ( read original story ...)
Big technology companies lead early gains on Wall Street
Stocks are opening solidly higher on Wall Street, led once again by gains for big technology companies, including Microsoft and Apple. The S&P 500 was up ... ( read original story ...)
Hong Kong’s City’super Owner Nears Sale to Chinese-Led Group
A group led by China Resources Capital Management Ltd. is close to buying a majority stake in City’super, valuing the high-end Hong Kong supermarket chain at almost $300 million, people with knowledge ... ( read original story ...)
Hengli Petrochemical Announces Start-up of its 5th PTA Line Utilising INVISTA’s P8 PTA Technology
INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) are pleased to announce the successful start-up of Hengli’s 5 th ... ( read original story ...)
Week In Review: Shanghai Hansoh Enters $68 Million Deal For Leukemia Candidate
Netherlands biopharma, formed a strategic partnership with Viva Biotech (Shanghai) to incubate innovative biotech startups. ( read original story ...)