Global Fintech Leaders Index

TikTok Plans Legal Battle as US Senate Passes Divest-or-Ban Bill

Experts say that if a sale of TikTok does go through, it would be one of the most complicated and…

17 hours ago

Huawei Takes Another Bite Out of Apple’s Market Share in China

Huawei looks set to become the No-1 smartphone seller in China this year, backed by the launch of its new…

2 days ago

China Researchers Got Banned Nvidia Chips Via Server Products

Chinese entities bought advanced Nvidia chips embedded in server products made by Super Micro, Dell and Taiwan's Gigabyte Technology after…

2 days ago

Huawei’s China-Made 7nm Chip ‘Years Behind US’, Raimondo Says

Raimondo’s views come at a time when Huawei's revelation of a new AI-enabled laptop, powered by Intel's new Core Ultra…

3 days ago

TSMC Posts 9% Profit Rise Amid ‘Insatiable’ AI Chip Demand

Taiwan chip giant says it's been lifted by huge demand for advanced chips for AI and data centres, forecasts a…

7 days ago

Oracle to Spend $8 Billion in Japan on Cloud Services, AI

US tech giant plans to spend $8 billion over the next decade to grow Oracle Cloud Infrastructure, its cloud computing…

7 days ago

Baidu Says AI Chatbot ‘Ernie’ Has Had 200m Users

'Ernie Bot' is China’s most popular chatbot. Baidu earned several hundred million yuan using AI in the fourth quarter of…

1 week ago

Note of Support from Founder Jack Ma Lifts Alibaba Shares 5%

Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making,…

2 weeks ago

Top US Republican Senator Backs Forced Sale of TikTok

Republican leader in the Senate backs push for China's Bytedance to divest TikTok, which he said was a threat to…

2 weeks ago

TSMC Wins Billions in US Aid After Deal on 3rd New Arizona Fab

Washington will award TSMC's US unit a $6.6bn subsidy and up to $5bn in low-cost loans, after it agreed to…

2 weeks ago

China Central Bank Announces $70 Billion Loans For Tech Sector

Chinese policymakers have doubled down on Xi Jinping's new mantra of unleashing "new productive forces” and stepped up investment in cutting-edge…

2 weeks ago

Dutch May Give in to US Push Against Servicing China Chip Tools

From China's strategic alliance with Russia to chip equipment giant ASML's plans to move operations abroad — the Mark Rutte…

3 weeks ago